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GJM Project

Active
Private limited companyfounded 20242 yrs activeRue des Masuirs 266, 6200 Châtelet, BelgiumKBO/BCE: BE 1007.644.314
Summary

The computed 12-month bankruptcy probability of GJM Project is 2.7% (moderate). The 2025 annual accounts show equity of €4,456 and a net result of -€20,544. Its solvency ranks better than 12% of 7598 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability65
Solvency26
Growth-
Track record67
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
0.6%
Return on assets
-2.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 7598 sector peers (2025).
NBB · sector comparison
Position among 7598 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 1 filing
Deviation from the deadline
2025
21 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

On 27 March 2024, GJM Project was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€4,456
Total assets
€777,715
Net result
-€20,544
Working capital
€28,053

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

Balance-sheet composition
Assets €777,715
Fixed assets €677,215
Current assets €100,500
Equity and liabilities €777,715
Equity €4,456
Debt €773,259
Debt finances 99.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€3,488
Cash flow
€3,281
Current ratio
1.39
Quick ratio
1.15
ROE
-461.0%
ROA
-2.6%
Interest coverage
16.88
Debt ≤ 1 year
€72,447
Debt > 1 year
€700,812
A ratio outside any meaningful range has been withheld (balance sheet total €777,715, equity €4,456).

Peer companies

Historical observation

Of the 865 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
1.5% went bankrupt
1.7% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.7% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 865 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
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€777,715
Fixed assets21/28€677,215
Tangible fixed assets22/27€677,215
Leasing and similar rights25€677,215
Current assets29/58€100,500
Stocks and contracts in progress3€16,943
Stocks30/36€16,943
Amounts receivable within one year40/41€67,162
Trade receivables40€63,812
Other amounts receivable41€3,350
Cash at bank and in hand54/58€16,314
Deferred charges and accrued income490/1€81
Equity and liabilities
Total equity and liabilities10/49€777,715
Equity10/15€4,456
Contributions10/11€25,000
Profit (loss) carried forward14-€20,544
Amounts payable17/49€773,259
Amounts payable after more than one year17€700,812
Financial debts170/4€700,812
Amounts payable within one year42/48€72,447
Trade debts44€70,047
Suppliers440/4€70,047
Other amounts payable47/48€2,400
Income statement Code2025
Goods, raw materials, services and sundry goods60/61€6,279
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,825
Other operating charges640/8€4,676
Gross operating margin9900€8,163
Operating profit (loss)9901-€20,337
Financial charges65/66B€207
Recurring financial charges65€207
Profit (loss) for the period before taxes9903-€20,544
Profit (loss) for the period9904-€20,544
Profit (loss) for the period to be appropriated9905-€20,544
Appropriation of the result
Profit (loss) to be appropriated9906-€20,544

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Goods, raw materials, services and sundry goods60/61€6,279
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,825
Other operating charges640/8€4,676
Gross operating margin9900€8,163
Operating profit (loss)9901-€20,337
Financial charges65/66B€207
Recurring financial charges65€207
Profit (loss) for the period before taxes9903-€20,544
Profit (loss) for the period9904-€20,544
Profit (loss) for the period to be appropriated9905-€20,544
Line2025
Assets
Total assets20/58€777,715
Fixed assets21/28€677,215
Tangible fixed assets22/27€677,215
Leasing and similar rights25€677,215
Current assets29/58€100,500
Stocks and contracts in progress3€16,943
Stocks30/36€16,943
Amounts receivable within one year40/41€67,162
Trade receivables40€63,812
Other amounts receivable41€3,350
Cash at bank and in hand54/58€16,314
Deferred charges and accrued income490/1€81
Equity and liabilities
Total equity and liabilities10/49€777,715
Equity10/15€4,456
Contributions10/11€25,000
Profit (loss) carried forward14-€20,544
Amounts payable17/49€773,259
Amounts payable after more than one year17€700,812
Financial debts170/4€700,812
Amounts payable within one year42/48€72,447
Trade debts44€70,047
Suppliers440/4€70,047
Other amounts payable47/48€2,400
Line2025
Profit (loss) for the period9904-€20,544
+ Depreciation and write-downs630€23,825
Operating cash flow (approximation)€3,281

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

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Timeline · acts, filings and financial milestones

2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
NBB filing
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.

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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, Châtelet
exact location from the address register On OpenStreetMap
Ground area
118 m²
Building footprint
62 m²
Volume, LiDAR
533 m³
Parcel 52013A0017/00X101, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52013A0017/00X101 Wallonia 118 m² 1 · 62 m² 10.6 m · 3 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.

Structure & network

Owners and holdings

1 owner

Owners 1

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

Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. 5,993 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
Founded27-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007644314
Also 9925:BE1007644314
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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