Result
€100,539 ▲ 226%
The result rose in 2025 from €30,873 to €100,539.
EJ Development
Overview
Lifetime
2 annual accounts with figures on one time axispeak €137,053 (2025)
€137,053▲ 200%
peak €100,539 (2025)
€100,539▲ 226%
peak €133,912 (2025)
€133,912▲ 301%
€40,027▲ 122%
Board1 name since 2023
1 directorJAMAR Elliot
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €45,657 to €137,053Result from €30,873 to €100,539Equity from €33,373 to €133,912Debts from €18,040 to €40,027Cash from €43,836 to €164,607
Key points
from the 2025 annual accountsTurnover
≈ €240,000 estimated
The micro format states no turnover.
Investments
€1,400 10.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
4.31 was 2.67 in 2024
Short-term debts rose from €18,040 to €40,027.
Starting capital
€2,500 100 shares
Position in the sector
€100,539
Higher net result than 91% of companies in real estate. Sector median €5,986 · 17,185 companies.
2025 accounts filed 30 days after the deadline
Checked score
99
Excellent
Financially stronger than 94% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.3%▲ +0.1 percentage points vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.5%▲ +0.2 percentage points vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.2 percentage points vs 06-2025
08-2025: 1.7%● unchanged vs 07-2025highest value
09-2025: 0.1%▼ -1.6 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Liquidity: current ratio 4.31, cash €164,607
Sector: Real estate activities (NACE 68)
Equity €133,912 (77.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 92% on liquidity, 95% on profitability and 97% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as EJ Development has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EJ Development itself is lower: 0.1% within 12 months. It rests on far more data about EJ Development than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for EJ Development. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €13,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 4.31 (2.67 in 2024), above the usual 1.5. Short-term debt is 23% and cash 94.6% of total assets. 23% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
30 days late
2024
21 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 26 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from lxelles to Watermael-Boisfort
New registered office: rue des Bégonias 64 à 1170 Watermael-Boisfort · Previous registered office: Rue Américaine 171 à 1050 lxelles · General meeting of 19-10-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1002656039
Incorporation
Founding capital of €2,500, 100 shares · Founder: JAMAR Elliot (associé unique) · Appointment: JAMAR Elliot (director) · published on 28-11-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EJ Development Watermael-Boitsfort | €173,939 | €137,053 | 77.0% | - |
| JL Immo’s Manage | €194,900 | €139,276 | 81.7% | - |
| IMMO ROGER De Haan | €208,297 | €131,008 | 0.2% | - |
| IMMO FRANCE Flobecq | €209,363 | €148,128 | 69.6% | - |
| Bontinck Invest Nazareth-De Pinte | €171,501 | €154,732 | 66.6% | - |
| HOZIMMO Lommel | €153,068 | €121,098 | 72.6% | - |
| Nelis Development Hasselt | €162,419 | €123,581 | 89.8% | - |
These companies have the same main activity as EJ Development: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €153,000 and €209,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 24-11-2023Normal situation
- Activity
- Real estate agency activitiesNACE 68310
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- €137,053▲ 200%
- €100,539▲ 226%
- €133,912▲ 301%
- €173,939▲ 238%
- Filing
- Filed on 30-08-2026
Insights on EJ Development
EJ Development has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133,912 and a net result of €100,539.
Its solvency ranks better than 84% of 17,194 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-08-2026, 30 days late€137,053
▲ 200%
€135,944
▲ 222%
€100,539
▲ 226%
€132,652
▲ 341%
77.0%
▲ 12.1 percentage points
4.31
▲ 1.65
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €190,000 and €370,000.
Balance sheet
balance sheet total €173,939 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
77.0%
Higher than 84% of 17,194 companies in 2025.
4.31
Higher than 83% of 16,491 companies in 2025.
57.8%
Higher than 95% of 16,870 companies in 2025.
EJ Development
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
173,939 | 51,414 | |
21/28 |
1,260 | 3,274 | |
22/27 |
1,260 | 3,274 | |
24 |
1,260 | 3,274 | |
29/58 |
172,679 | 48,139 | |
40/41 |
7,543 | 3,791 | |
41 |
7,543 | 3,791 | |
54/58 |
164,607 | 43,836 | |
490/1 |
529 | 512 | |
| Balance sheet: equity and liabilities | |||
10/49 |
173,939 | 51,414 | |
10/15 |
133,912 | 33,373 | |
10/11 |
2,500 | 2,500 | |
14 |
131,412 | 30,873 | |
17/49 |
40,027 | 18,040 | |
42/48 |
40,027 | 18,040 | |
44 |
13 | 2,584 | |
440/4 |
13 | 2,584 | |
45 |
40,014 | 15,456 | |
450/3 |
40,014 | 15,456 | |
| Income statement | |||
9900 |
137,053 | 45,657 | |
630 |
140 | 1,726 | |
640/8 |
969 | 1,677 | |
9901 |
135,944 | 42,255 | |
75/76B |
249 | 83 | |
75 |
249 | 83 | |
65/66B |
138 | 0 | |
65 |
138 | 0 | |
9903 |
136,055 | 42,338 | |
67/77 |
35,517 | 11,465 | |
9904 |
100,539 | 30,873 | |
9905 |
100,539 | 30,873 | |
| Appropriation of the result | |||
9906 |
131,412 | 30,873 | |
14P |
30,873 | - | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00484410.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 136,084 | 43,981 | ||
| 100,679 | 32,599 | ||
| 1,400 | 5,000 | ||
| 120,772 | - | ||
| 132,652 | 30,099 | ||
| 77.0% | 64.9% | ||
| 4.31 | 2.67 | ||
| 0.30 | 0.54 | ||
| 75.1% | 92.5% | ||
| 57.8% | 60.0% | ||
| over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €1,400 | €5,000 |
| €140 | €1,726 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on EJ Development
The operating result for 2025 is over 3.2 times that of 2024.
Debt's share of the balance-sheet total falls from 35.1% to 23.0%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 24-11-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 30-08-2026
Mandates through the years
1 name, the dashed line is todayJAMAR Elliot
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- JAMAR Elliot
- Director (not named in the articles), from 24-11-2023 to date
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €1,339 in 2025
- Source
- deed of 28-11-2023
Articles of association
deed of 28-11-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 28-11-2023 ↗
- JAMAR Elliot 100 shares (100%) · €2,500
Network & group
No group
EJ Development has no parent and no holdings in its annual accounts. JAMAR Elliot is the only director. EJ Development shares no director with another company.
At the same address
Begoniastraat 64, 1170 Watermael-Boitsfort · 1 other company| Corne, Jean-Damien (sole trader)
establishment since 02-01-2020 |
founded in 2019 0739.650.437 |
Timeline
Timeline
6 events since 2023Filings
Financial
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered office moved from lxelles to Watermael-BoisfortNew registered office: rue des Bégonias 64 à 1170 Watermael-Boisfort · Previous registered office: Rue Américaine 171 à 1050 lxelles · General meeting of 19-10-20262 points ▸
- General meeting, 19-10-2026
- Registered-office move, rue des Bégonias 64 à 1170 Watermael-Boisfort
Annual accounts 2025 filed NBBmicro format · 30 days late
2025
Equity above €100,000 equity €133,912 ▲301% With a profit in every financial year since 2024, equity grows to €133,912.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1002656039
Annual accounts 2024 filed PDFmicro format · 21 days late
2023
IncorporationFounding capital of €2,500, 100 shares · Founder: JAMAR Elliot (associé unique) · Appointment: JAMAR Elliot (director) · published on 28-11-20235 points ▸
- Registered office clause, Rue Américaine 171, 1050 Ixelles
- Director appointment, JAMAR Elliot (director (not named in the articles))
- General meeting, 24-11-2023
- Founder, JAMAR Elliot (associé unique)
- Founding capital, €2,500, 100 shares
- The deed holds 5 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 24 November 2023, EJ Development was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 In 2026 the registered office moved to Watermael-Boisfort.3 JAMAR Elliot has served as director since 2023.4
Company details
Identity
- Enterprise number
- 1002.656.039
- VAT number
- BE 1002.656.039
- Peppol ID
- 0208:1002656039
- Other Peppol ID
- 9925:BE1002656039
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-11-2023
- Financial year
- ends on 31 December
- Peppol
- Reachable since 31-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EJ Development in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-11-2023 (in French)
- Name clauseThe company operates under this name according to its articles.
- EJ Developmentdeed of 28-11-2023 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Bruxelles-Capitale”deed of 28-11-2023 (in French)
Activities
NACEBEL 202568310
Real estate agency activities main activity
Codes under NACEBEL 2008
68311
Real estate activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Les conseils immobiliers aux sociétés et aux particuliers, le courtage immobilier, l'assistance à la location, à la vente, à l'achat, à la…”deed of 28-11-2023 (in French)
7 activities
- Les conseils immobiliers aux sociétés et aux particuliers, le courtage immobilier, l'assistance à la location, à la vente, à l'achat, à la rénovation, à l'investissement, au lotissement, à la gestion, au syndic, au développement et à toute autre activité immobilière.
- Les conseils et l'assistance aux sociétés et aux particuliers notamment en matière de marketing, de management, de finance, d'administration, d'informatique, d'analyse d'informations relatives aux tendances du marché, sans que cette liste soit exhaustive.
- Le commissionnement à l'occasion de prestations d'apporteurs d'affaires,
- Toute activité liée à la pratique de la photographie, au conseil en home-staging en vue de faciliter les transactions immobilières et mobilières,
- La gestion d'entreprises, l'analyse financière et budgétaire d'entreprises, la consultance financière de patrimoine et de fortune, les travaux administratifs et de secrétariat, les travaux informatiques, la dispense de formations professionnelles administratives, l'instauration de système de procédure administrative, le contrôle et la supervision de ces procédures, les conseils pour les affaires, la conciliation tant avec le secteur privé que le secteur public.
- Toutes opérations immobilières (gestion, achat, revente, intermédiaire immobilier, syndic, promotion, conseil immobilier, ...).
- Toutes opérations commerciales, industrielles et financières, immobilières et mobilières, se rapportant directement ou indirectement à son objet social ou susceptibles de favoriser son développement.
Registered office and establishments
| Begoniastraat 64 registered office 1170 Watermael-Boitsfort |
1 former office
- Rue Américaine 171, 1050 lxelles until 22-10-2026 · deed of 04-11-2026
Buildings and parcels at the address
- Ground area
- 191 m²
- Buildings
- 71 m²
- Volume, LiDAR
- 451 m³
- Tallest building
- 10.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21017D0036/00Z000 | 191 m² | 1 · 71 m² | 10.1 m · 3 |