FJA Distribution
ActiveSummary
FJA Distribution has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€411,440) and a net result of €53,398. Equity is shrinking by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 4238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▲+20
Solvency13▲+2
Growth38=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 0.89 in 2024; short-term debt: 111% and cash: 9.2% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 4238 sector peers (2025).
NBB · sector comparisonPosition among 4238 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
8 d early
2024
26 d late
2023
61 d late
2022
61 d late
2021
31 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · 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. Usually files around 31 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?RMGA · 25 companies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€18.3m▼ 32.3%
2023 · €27.1m
EBIT margin
-0.2%▲ 0.8pp
2023 · -1.0%
Net result
€53,398
2024 · -€150,441
Working capital
-€494,237▼ 26.1%
2024 · -€392,002
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€22.4m▲ 0.6%€20.9m▼ 7.0%€27.1m▲ 29.6%€18.3m▼ 32.3%
Operating result-€81,414▼ 2,300%-€68,757▲ 15.5%-€263,115▼ 283%-€31,119▲ 88.2%€116,785
Net result-€128,816below the sector's middle half▼ 193%-€120,424below the sector's middle half▲ 6.5%-€467,775below the sector's middle half▼ 288%-€150,441below the sector's middle half▲ 67.8%€53,398within the sector's middle half
EBIT margin-0.4%▼ 0.3pp-0.3%=-1.0%▼ 0.6pp-0.2%▲ 0.8pp
Equity€273,803within the sector's middle half▼ 32.0%€153,379within the sector's middle half▼ 44.0%-€314,396below the sector's middle half-€464,837below the sector's middle half▼ 47.9%-€411,440below the sector's middle half▲ 11.5%
Total assets€5.5mabove the sector's middle half▼ 24.5%€7.9mabove the sector's middle half▲ 42.6%€5.7mabove the sector's middle half▼ 28.3%€3.3mabove the sector's middle half▼ 40.8%€3.3mwithin the sector's middle half▼ 0.3%
Debt€5.3m▼ 24.1%€7.7m▲ 47.1%€6.0m▼ 22.8%€3.8m▼ 36.1%€3.7m▼ 1.7%
Working capital€185,660within the sector's middle half▼ 29.4%€187,019within the sector's middle half▲ 0.7%-€228,299below the sector's middle half-€392,002below the sector's middle half▼ 71.7%-€494,237below the sector's middle half▼ 26.1%
Solvency5.0%below the sector's middle half▼ 0.5pp1.9%below the sector's middle half▼ 3.0pp-5.6%below the sector's middle half▼ 7.5pp-13.9%below the sector's middle half▼ 8.3pp-12.3%below the sector's middle half▲ 1.6pp
Current ratio1.04within the sector's middle half=1.02within the sector's middle half▼ 0.010.96below the sector's middle half▼ 0.060.89below the sector's middle half▼ 0.070.87below the sector's middle half▼ 0.03
Return on assets (ROA)-2.3%below the sector's middle half▼ 1.7pp-1.5%below the sector's middle half▲ 0.8pp-8.3%below the sector's middle half▼ 6.7pp-4.5%below the sector's middle half▲ 3.8pp1.6%within the sector's middle half▲ 6.1pp
Staff (FTE)26.5above the sector's middle half▲ 10.0%29.5above the sector's middle half▲ 11.3%27.6above the sector's middle half▼ 6.4%27.8above the sector's middle half▲ 0.7%27.4above the sector's middle half▼ 1.4%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €116,785 after a loss of €31,119 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets
€127,660 ▲ 385%
Current assets
€3.2m ▼ 3.4%
Key figures and ratios
EBITDA
€136,353▲
2024 · -€15,959
Cash flow
€72,966▲
2024 · -€135,281
Quick ratio
0.59▲
2024 · 0.57
Debt to equity
-9.11▼
2024 · -8.20
Interest coverage
1.65▲
2024 · -0.12
Debt ≤ 1 year
€3.7m▼
2024 · €3.7m
Income taxes
€1,137▼
2024 · €1,500
Staff costs
€1.7m▲
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 457 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €22.6m | €21.1m | €27.2m | €19.2m | - | - |
| Turnover70 | €22.4m | €20.9m | €27.1m | €18.3m | - | - |
| Other operating income74 | €142,317 | €227,030 | €120,907 | €793,753 | - | - |
| Non-recurring operating income76A | €51,736 | €8,054 | - | €107,500 | €55,000 | ▼ 48.8% |
| Operating charges60/66A | €22.7m | €21.2m | €27.4m | €19.2m | - | - |
| Goods for resale, raw materials and consumables60 | €19.9m | €18.1m | €24.0m | €16.4m | - | - |
| Purchases600/8 | €18.6m | €20.6m | €20.6m | €15.4m | - | - |
| Change in stocks: decrease (increase)609 | €1.3m | -€2.4m | €3.4m | €1.0m | - | - |
| Services and other goods61 | €1.0m | €1.2m | €1.2m | €1.2m | - | - |
| Remuneration, social security and pensions62 | €1.5m | €1.7m | €1.9m | €1.6m | €1.7m | ▲ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €177,028 | €143,606 | €72,719 | €15,161 | €19,568 | ▲ 29.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€6,783 | -€22,627 | €148,377 | -€45,868 | €26,674 | ▲ 158% |
| Other operating charges640/8 | €108,941 | €105,411 | €77,911 | €29,583 | €23,337 | ▼ 21.1% |
| Non-recurring operating charges66A | €868 | €300 | - | €22,030 | €2,978 | ▼ 86.5% |
| Gross operating margin9900 | - | - | - | - | €1.9m | - |
| Operating profit (loss)9901 | -€81,414 | -€68,757 | -€263,115 | -€31,119 | €116,785 | ▲ 475% |
| Financial income75/76B | €2,612 | €8,648 | €14,990 | €36,105 | €20,220 | ▼ 44.0% |
| Recurring financial income75 | €2,612 | €8,648 | €14,990 | €36,105 | €20,220 | ▼ 44.0% |
| Income from current assets751 | €664 | €6,125 | €13,650 | €28,198 | - | - |
| Other financial income752/9 | €1,948 | €2,523 | €1,339 | €7,907 | - | - |
| Financial charges65/66B | €48,978 | €58,124 | €247,344 | €153,927 | €82,470 | ▼ 46.4% |
| Recurring financial charges65 | €48,978 | €58,124 | €247,344 | €153,927 | €82,470 | ▼ 46.4% |
| Debt charges650 | €31,646 | €42,836 | €227,973 | €128,913 | - | - |
| Other financial charges652/9 | €17,332 | €15,288 | €19,371 | €25,014 | - | - |
| Profit (loss) for the period before taxes9903 | -€127,779 | -€118,232 | -€495,469 | -€148,941 | €54,535 | ▲ 137% |
| Income taxes67/77 | €1,037 | €2,191 | -€27,694 | €1,500 | €1,137 | ▼ 24.2% |
| Taxes670/3 | €1,037 | €2,191 | €2,306 | €1,500 | - | - |
| Tax adjustments and reversals of tax provisions77 | - | - | €30,000 | - | - | - |
| Profit (loss) for the period9904 | -€128,816 | -€120,424 | -€467,775 | -€150,441 | €53,398 | ▲ 135% |
| Profit (loss) for the period to be appropriated9905 | -€128,816 | -€120,424 | -€467,775 | -€150,441 | €53,398 | ▲ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.5m | €7.9m | €5.7m | €3.3m | €3.3m | ▼ 0.3% |
| Fixed assets21/28 | €207,571 | €100,793 | €30,263 | €26,306 | €127,660 | ▲ 385% |
| Intangible fixed assets21 | €34,005 | €5,005 | - | - | - | - |
| Tangible fixed assets22/27 | €173,565 | €95,787 | €30,263 | €26,306 | €127,660 | ▲ 385% |
| Plant, machinery and equipment23 | €82,799 | €28,101 | €4,939 | €2,150 | €35,187 | ▲ 1,537% |
| Furniture and vehicles24 | €8,689 | €6,331 | - | - | €62,400 | - |
| Other tangible fixed assets26 | €82,077 | €61,356 | €25,325 | €24,156 | €30,073 | ▲ 24.5% |
| Current assets29/58 | €5.3m | €7.8m | €5.6m | €3.3m | €3.2m | ▼ 3.4% |
| Stocks and contracts in progress3 | €3.2m | €5.7m | €2.2m | €1.2m | €1.0m | ▼ 16.0% |
| Stocks30/36 | €3.2m | €5.7m | €2.2m | €1.2m | €1.0m | ▼ 16.0% |
| Goods purchased for resale34 | €3.2m | €5.7m | €2.2m | €1.2m | - | - |
| Amounts receivable within one year40/41 | €1.5m | €1.3m | €3.1m | €1.5m | €1.8m | ▲ 14.3% |
| Trade receivables40 | €1.2m | €1.1m | €2.2m | €969,518 | €1.2m | ▲ 20.5% |
| Other amounts receivable41 | €310,046 | €259,568 | €922,854 | €580,059 | €602,180 | ▲ 3.8% |
| Cash at bank and in hand54/58 | €440,441 | €756,332 | €336,678 | €499,114 | €308,574 | ▼ 38.2% |
| Deferred charges and accrued income490/1 | €176,424 | €26,043 | €27,629 | €71,413 | €120,971 | ▲ 69.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.5m | €7.9m | €5.7m | €3.3m | €3.3m | ▼ 0.3% |
| Equity10/15 | €273,803 | €153,379 | -€314,396 | -€464,837 | -€411,440 | ▲ 11.5% |
| Contributions10/11 | €600,000 | €600,000 | €600,000 | €600,000 | €600,000 | = |
| Capital10 | €600,000 | €600,000 | €600,000 | €600,000 | €600,000 | = |
| Issued capital100 | €600,000 | €600,000 | €600,000 | €600,000 | €600,000 | = |
| Profit (loss) carried forward14 | -€326,197 | -€446,621 | -€914,396 | -€1.1m | -€1.0m | ▲ 5.0% |
| Amounts payable17/49 | €5.3m | €7.7m | €6.0m | €3.8m | €3.7m | ▼ 1.7% |
| Amounts payable after more than one year17 | €46,167 | - | - | - | - | - |
| Financial debts170/4 | €46,167 | - | - | - | - | - |
| Credit institutions173 | €46,167 | - | - | - | - | - |
| Amounts payable within one year42/48 | €5.1m | €7.6m | €5.9m | €3.7m | €3.7m | ▼ 0.3% |
| Current portion of amounts payable after more than one year42 | €78,511 | €39,589 | - | - | - | - |
| Financial debts43 | €3.1m | €5.4m | €539,396 | €139,400 | €139,276 | ▼ 0.1% |
| Credit institutions430/8 | €521,834 | €553,842 | €539,396 | €139,400 | €139,276 | ▼ 0.1% |
| Other loans439 | €2.6m | €4.8m | - | - | - | - |
| Trade debts44 | €285,107 | €439,539 | €1.8m | €1.4m | €1.3m | ▼ 10.6% |
| Suppliers440/4 | €285,107 | €439,539 | €1.8m | €1.4m | €1.3m | ▼ 10.6% |
| Advances received on contracts in progress46 | €130,492 | €210,118 | €46,730 | €9,000 | - | - |
| Taxes, remuneration and social security45 | €256,202 | €260,211 | €678,150 | €292,332 | €258,645 | ▼ 11.5% |
| Taxes450/3 | €49,265 | €52,024 | €467,337 | €49,599 | €44,858 | ▼ 9.6% |
| Remuneration and social security454/9 | €206,936 | €208,187 | €210,813 | €242,733 | €213,786 | ▼ 11.9% |
| Other amounts payable47/48 | €1.3m | €1.3m | €2.8m | €1.9m | €2.0m | ▲ 9.9% |
| Accrued charges and deferred income492/3 | €73,260 | €134,433 | €116,360 | €99,141 | €44,863 | ▼ 54.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€128,816 | -€120,424 | -€467,775 | -€150,441 | €53,398 | ▲ 135% |
| + Depreciation and write-downs630 | €177,028 | €143,606 | €72,719 | €15,161 | €19,568 | ▲ 29.1% |
| Operating cash flow (approximation) | €48,212 | €23,182 | -€395,056 | -€135,281 | €72,966 | ▲ 154% |
| Investment in fixed assets (approximation) | - | -€36,828 | -€2,189 | -€11,203 | -€120,922 | ▼ 979% |
| Change in cash | - | €315,890 | -€419,654 | €162,436 | -€190,540 | ▼ 217% |
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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €53,398
Net result €53,398 after 6 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet -€467,775
Net result drops to -€467,775, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has 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
7 acts for this company are 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, Wavre · 2 establishment units since 2018
Ground area
7,246 m²
Building footprint
1,836 m²
Volume, LiDAR
8,891 m³
2 parcels, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
33
companies at this address
See who is registered here
2 establishment units
FJA AUTOMOBILES WAVRE
since 20182.274.960.497
FJA AUTOMOBILES NIVELLES
since 20182.274.960.695
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25099A0003/00Y000 | Wallonia | 4,531 m² | 1 · 898 m² | 6.6 m · 2 fl. |
| 25772F0126/00Z004 | Wallonia | 2,715 m² | 1 · 937 m² | 5.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
RMGA
25 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- RMGA
- FJA Distribution
Highest known parent: RMGA. The sources do not say who stands above it.
Owners 1
- RMGAparentSourceaccounts RMGA 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
GARAGE VANDENBUSSCHE RIK
BE 0445.916.819
Roeselare · Eq €153,477
GARAGE BOMANS
BE 0441.993.564
Maaseik · Eq €153,251
AVI Mobility
BE 0824.973.320
Willebroek · Eq €153,538
Garage Centrum
BE 0400.632.368
Zaventem · Eq €153,719
VTB-PRO
BE 0735.607.616
Brussel · Eq €152,932
Of 10,662 companies in sector 47811 we hold annual accounts for 5,227. 3,711 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
E-invoicing
Reachable via Peppol
Peppol ID
0208:0691739563
Also
9925:BE0691739563
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.