EJ Development

Active

Private limited companyfounded 20232 yrs activeAmerikaanse straat 171, 1050 Elsene, BelgiumKBO/BCE: BE 1002.656.039

Summary

EJ Development has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134k and a net result of €101k. Its solvency ranks better than 83% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysis Watch Report Compare

EJ DevelopmentActiveChecked score 87/100

Risk analysis Report Compare

Checked score

Score 2025

87 / 100

Excellent

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency100▲+10

Growth78

Track record82

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €11k at 30 days only on tighter terms

Liquidity ample (current ratio 4.31 against 2.67 in 2024; short-term debt: 23% and cash: 94.6% of total assets), and 23% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Real estate activities (NACE 68)

about 43% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

77%

Return on assets

57.8%

Age of the figures

9 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

30 d late

2024

21 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€134k▲ 301%

2024 · €33k

2024: €33k 2025: €134k▲ +301% vs 2024

2024 → 2025

Total assets

€174k▲ 238%

2024 · €51k

2024: €51k 2025: €174k▲ +238% vs 2024

2024 → 2025

Net result

€101k▲ 226%

2024 · €31k

2024: €31k 2025: €101k▲ +226% vs 2024

2024 → 2025

Working capital

€133k▲ 341%

2024 · €30k

2024: €30k 2025: €133k▲ +341% vs 2024

2024 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€33k-€134k▲ 301% 2024: €33k 2025: €134k▲ +301% vs 2024

Operating result€42k-€136k▲ 222% 2024: €42k 2025: €136k▲ +222% vs 2024

Net result€31k-€101k▲ 226% 2024: €31k 2025: €101k▲ +226% vs 2024

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 222% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €174k

99.3%

Fixed assets €1k ▼ 61.5%

Current assets €173k ▲ 259%

Equity and liabilities €174k

77.0%

23.0%

Equity €134k ▲ 301%

Debt €40k ▲ 122%

Debt's share of the balance-sheet total falls from 35.1% to 23.0%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€136k▲

2024 · €44k

Cash flow

€101k▲

2024 · €33k

Current ratio

4.31▲

2024 · 2.67

Debt to equity

0.30▼

2024 · 0.54

ROE

75.1%▼

2024 · 92.5%

ROA

57.8%▼

2024 · 60.0%

Interest coverage

985.76▼

2024 · 293204.67

Debt ≤ 1 year

€40k▲

2024 · €18k

Income taxes

€36k▲

2024 · €11k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines

Balance sheet Code20242025

Assets

Total assets20/58€51k€174k▲

Fixed assets21/28€3k€1k▼

Tangible fixed assets22/27€3k€1k▼

Furniture and vehicles24€3k€1k▼

Current assets29/58€48k€173k▲

Amounts receivable within one year40/41€4k€8k▲

Other amounts receivable41€4k€8k▲

Cash at bank and in hand54/58€44k€165k▲

Deferred charges and accrued income490/1€512€529▲

Equity and liabilities

Total equity and liabilities10/49€51k€174k▲

Equity10/15€33k€134k▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€31k€131k▲

Amounts payable17/49€18k€40k▲

Amounts payable within one year42/48€18k€40k▲

Trade debts44€3k€13▼

Suppliers440/4€3k€13▼

Taxes, remuneration and social security45€15k€40k▲

Taxes450/3€15k€40k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€140▼

Other operating charges640/8€2k€969▼

Gross operating margin9900€46k€137k▲

Operating profit (loss)9901€42k€136k▲

Financial income75/76B€83€249▲

Recurring financial income75€83€249▲

Financial charges65/66B€0€138▲

Recurring financial charges65€0€138▲

Profit (loss) for the period before taxes9903€42k€136k▲

Income taxes67/77€11k€36k▲

Profit (loss) for the period9904€31k€101k▲

Profit (loss) for the period to be appropriated9905€31k€101k▲

Appropriation of the result

Profit (loss) to be appropriated9906€31k€131k▲

Profit (loss) brought forward from the previous period14P-€31k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€2k	€140	▼ 91.9%
Other operating charges640/8	€2k	€969	▼ 42.2%
Gross operating margin9900	€46k	€137k	▲ 200%
Operating profit (loss)9901	€42k	€136k	▲ 222%
Financial income75/76B	€83	€249	▲ 199%
Recurring financial income75	€83	€249	▲ 199%
Financial charges65/66B	€0	€138	▲ 91,933%
Recurring financial charges65	€0	€138	▲ 91,933%
Profit (loss) for the period before taxes9903	€42k	€136k	▲ 221%
Income taxes67/77	€11k	€36k	▲ 210%
Profit (loss) for the period9904	€31k	€101k	▲ 226%
Profit (loss) for the period to be appropriated9905	€31k	€101k	▲ 226%

Line	2024	2025	Change
Assets
Total assets20/58	€51k	€174k	▲ 238%
Fixed assets21/28	€3k	€1k	▼ 61.5%
Tangible fixed assets22/27	€3k	€1k	▼ 61.5%
Furniture and vehicles24	€3k	€1k	▼ 61.5%
Current assets29/58	€48k	€173k	▲ 259%
Amounts receivable within one year40/41	€4k	€8k	▲ 98.9%
Other amounts receivable41	€4k	€8k	▲ 98.9%
Cash at bank and in hand54/58	€44k	€165k	▲ 276%
Deferred charges and accrued income490/1	€512	€529	▲ 3.3%
Equity and liabilities
Total equity and liabilities10/49	€51k	€174k	▲ 238%
Equity10/15	€33k	€134k	▲ 301%
Contributions10/11	€3k	€3k	=
Profit (loss) carried forward14	€31k	€131k	▲ 326%
Amounts payable17/49	€18k	€40k	▲ 122%
Amounts payable within one year42/48	€18k	€40k	▲ 122%
Trade debts44	€3k	€13	▼ 99.5%
Suppliers440/4	€3k	€13	▼ 99.5%
Taxes, remuneration and social security45	€15k	€40k	▲ 159%
Taxes450/3	€15k	€40k	▲ 159%

Line	2024	2025	Change
Profit (loss) for the period9904	€31k	€101k	▲ 226%
+ Depreciation and write-downs630	€2k	€140	▼ 91.9%
Operating cash flow (approximation)	€33k	€101k	▲ 209%
Investment in fixed assets (approximation)	-	€2k	-
Change in cash	-	€121k	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 30 days late

2025

31-12

Financial Equity above €100kEq €134k ▲301%

2 profitable years in a row build equity to €134k.

21-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 21 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Elsene

exact location from the address register On OpenStreetMap

Ground area

180 m²

Building footprint

89 m²

Volume, LiDAR

1,269 m³

Parcel 21447B0253/00A006, Brussels · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.

3 companies at this address See who is registered here

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21447B0253/00A006	Brussels	180 m²	1 · 89 m²	19.1 m · 5 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

DBO EXPERTISES ET MANAGEMENT

BE 0553.882.470

Rixensart · Eq €133,928

Génération Immo

BE 0739.702.303

Chaumont-Gistoux · Eq €133,928

IMMOBILIERE VANDENBROUCKE

BE 0627.888.918

Fleurus · Eq €133,887

CARDIOTEAM

BE 0473.110.768

Ottignies-Louvain-la-Neuve · Eq €133,881

La Sobelim

BE 0426.471.386

Sint-Pieters-Woluwe · Eq €134,178

Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 5,255 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded24-11-2023

Fiscal year end31-12

Activities, NACEBEL 2025

68310Real estate agency activities

Scores and ratios are computed by Checked and are not a credit decision.