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IMMO EJA

Active
Private limited companyfounded 199927 yrs activeGustave Fachedreef(L) 3, 7700 Mouscron, BelgiumKBO/BCE: BE 0465.345.226
Summary

IMMO EJA has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €235,321 and a net result of €59,621. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability94▼-4
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 12.25 against 9.35 in 2024; short-term debt: 5.8% and cash: 18.1% of total assets), and 19.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · 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
80.2%
Return on assets
20.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
29 d early
2023
20 d early
2022
41 d early
2021
166 d early
2020
174 d early
2019
152 d early
← 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 86 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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

IMMO EJA was incorporated on 27 January 1999.1 Total assets rose from EUR 246,554 in 2019 to EUR 293,495 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€235,321▲ 33.9%
2024 · €175,699
Total assets
€293,495▲ 19.3%
2024 · €246,062
Net result
€59,621▲ 5.3%
2024 · €56,618
Working capital
€191,617▲ 48.5%
2024 · €129,045
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€50,314▲ 3.5%€121,493▲ 141%€74,544▼ 38.6%€76,504▲ 2.6%€80,339▲ 5.0%
Net result€36,412▲ 10.8%€89,084▲ 145%€54,629▼ 38.7%€56,618▲ 3.6%€59,621▲ 5.3%
Equity€55,369▼ 34.9%€64,453▲ 16.4%€119,082▲ 84.8%€175,699▲ 47.5%€235,321▲ 33.9%
Total assets€203,669▼ 5.2%€243,401▲ 19.5%€222,331▼ 8.7%€246,062▲ 10.7%€293,495▲ 19.3%
Debt€148,300▲ 14.3%€178,949▲ 20.7%€103,249▼ 42.3%€70,362▼ 31.9%€58,174▼ 17.3%
Working capital€7,580▼ 77.4%€11,382▲ 50.2%€69,304▲ 509%€129,045▲ 86.2%€191,617▲ 48.5%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €50,314€50,314Net result 2021: €36,412€36,412Operating result 2022: €121,493€121,493Net result 2022: €89,084€89,084Operating result 2023: €74,544€74,544Net result 2023: €54,629€54,629Operating result 2024: €76,504€76,504Net result 2024: €56,618€56,618Operating result 2025: €80,339€80,339Net result 2025: €59,621€59,62120212022202320242025€0€25,000€50,000€75,000Operating result 2023: €74,544€74,500Net result 2023: €54,629€54,600Operating result 2024: €76,504€76,500Net result 2024: €56,618€56,600Operating result 2025: €80,339€80,300Net result 2025: €59,621€59,600202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293,495
Fixed assets €84,843 ▼ 16.5%
Current assets €208,652 ▲ 44.4%
Equity and liabilities €293,495
Equity €235,321 ▲ 33.9%
Debt €58,174 ▼ 17.3%
Debt's share of the balance-sheet total falls from 28.6% to 19.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€97,051▲
2024 · €93,216
Cash flow
€76,333▲
2024 · €73,329
Current ratio
12.25▲
2024 · 9.35
Debt to equity
0.25▼
2024 · 0.40
ROE
25.3%▼
2024 · 32.2%
ROA
20.3%▼
2024 · 23.0%
Interest coverage
114.96▲
2024 · 91.91
Debt ≤ 1 year
€17,034▲
2024 · €15,461
Debt > 1 year
€41,140▼
2024 · €54,901
Income taxes
€19,874▲
2024 · €18,873
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 31,324 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 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€246,062€293,495▲
Fixed assets21/28€101,555€84,843▼
Tangible fixed assets22/27€101,555€84,843▼
Land and buildings22€101,555€84,843▼
Current assets29/58€144,506€208,652▲
Amounts receivable within one year40/41€121,908€155,552▲
Other amounts receivable41€121,908€155,552▲
Cash at bank and in hand54/58€20,917€53,099▲
Deferred charges and accrued income490/1€1,682€0▼
Equity and liabilities
Total equity and liabilities10/49€246,062€293,495▲
Equity10/15€175,699€235,321▲
Contributions10/11€18,592€18,592=
Reserves13€157,107€216,729▲
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Tax-exempt reserves132€34,918€34,918=
Distributable reserves133€120,330€179,951▲
Amounts payable17/49€70,362€58,174▼
Amounts payable after more than one year17€54,901€41,140▼
Financial debts170/4€54,901€41,140▼
Amounts payable within one year42/48€15,461€17,034▲
Current portion of amounts payable after more than one year42€13,589€13,761▲
Trade debts44-€400
Suppliers440/4-€400
Taxes, remuneration and social security45€1,873€2,874▲
Taxes450/3€1,873€2,874▲
Other amounts payable47/48€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,712€16,712=
Other operating charges640/8€387€400▲
Gross operating margin9900€93,604€97,451▲
Operating profit (loss)9901€76,504€80,339▲
Financial charges65/66B€1,014€844▼
Recurring financial charges65€1,014€844▼
Profit (loss) for the period before taxes9903€75,490€79,495▲
Income taxes67/77€18,873€19,874▲
Profit (loss) for the period9904€56,618€59,621▲
Profit (loss) for the period to be appropriated9905€56,618€59,621▲
Appropriation of the result
Profit (loss) to be appropriated9906€56,618€59,621▲
Transfer to equity691/2€56,618€59,621▲
To other reserves6921€56,618€59,621▲
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,712€16,712€16,712€16,712€16,712=
Other operating charges640/8-€695€384€387€400▲ 3.2%
Gross operating margin9900€67,373€138,900€91,640€93,604€97,451▲ 4.1%
Operating profit (loss)9901€50,314€121,493€74,544€76,504€80,339▲ 5.0%
Financial charges65/66B-€2,621€1,256€1,014€844▼ 16.8%
Recurring financial charges65€1,764€2,621€1,256€1,014€844▼ 16.8%
Profit (loss) for the period before taxes9903€48,549€118,873€73,288€75,490€79,495▲ 5.3%
Income taxes67/77€12,137€29,789€18,659€18,873€19,874▲ 5.3%
Profit (loss) for the period9904€36,412€89,084€54,629€56,618€59,621▲ 5.3%
Profit (loss) for the period to be appropriated9905€36,412€89,084€54,629€56,618€59,621▲ 5.3%
Line20212022202320242025Change
Assets
Total assets20/58€203,669€243,401€222,331€246,062€293,495▲ 19.3%
Fixed assets21/28€151,691€134,979€118,267€101,555€84,843▼ 16.5%
Tangible fixed assets22/27€151,691€134,979€118,267€101,555€84,843▼ 16.5%
Land and buildings22-€134,979€118,267€101,555€84,843▼ 16.5%
Current assets29/58€51,978€108,422€104,064€144,506€208,652▲ 44.4%
Amounts receivable within one year40/41€363€34,443€0€121,908€155,552▲ 27.6%
Other amounts receivable41-€34,443€0€121,908€155,552▲ 27.6%
Cash at bank and in hand54/58€51,615€57,188€104,064€20,917€53,099▲ 154%
Deferred charges and accrued income490/1-€16,791€0€1,682€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€203,669€243,401€222,331€246,062€293,495▲ 19.3%
Equity10/15€55,369€64,453€119,082€175,699€235,321▲ 33.9%
Contributions10/11-€18,592€18,592€18,592€18,592=
Reserves13€36,777€45,861€100,490€157,107€216,729▲ 37.9%
Non-distributable reserves130/1-€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311-€1,859€1,859€1,859€1,859=
Tax-exempt reserves132-€34,918€34,918€34,918€34,918=
Distributable reserves133-€9,084€63,713€120,330€179,951▲ 49.5%
Profit (loss) carried forward14-€0€0---
Amounts payable17/49€148,300€178,949€103,249€70,362€58,174▼ 17.3%
Amounts payable after more than one year17€103,901€81,909€68,490€54,901€41,140▼ 25.1%
Financial debts170/4-€81,909€68,490€54,901€41,140▼ 25.1%
Amounts payable within one year42/48€44,398€97,040€34,760€15,461€17,034▲ 10.2%
Current portion of amounts payable after more than one year42-€13,251€13,419€13,589€13,761▲ 1.3%
Trade debts44----€400-
Suppliers440/4----€400-
Taxes, remuneration and social security45-€3,789€8,659€1,873€2,874▲ 53.5%
Taxes450/3-€3,789€8,659€1,873€2,874▲ 53.5%
Other amounts payable47/48-€80,000€12,682€0--
Line20212022202320242025Change
Profit (loss) for the period9904€36,412€89,084€54,629€56,618€59,621▲ 5.3%
+ Depreciation and write-downs630€16,712€16,712€16,712€16,712€16,712=
Operating cash flow (approximation)€53,124€105,795€71,341€73,329€76,333▲ 4.1%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€5,573€46,876-€83,148€32,183▲ 139%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Equity above €200,000Eq €235,321 ▲33.9%
7 profitable years in a row build equity to €235,321.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 9.35
Current ratio from 2.99 to 9.35; short-term debt falls from €34,760 to €15,461.
31-12
Financial Equity above €150,000Eq €175,699 ▲47.5%
6 profitable years in a row build equity to €175,699.
11-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity triplescurrent ratio 2.99
Current ratio from 1.12 to 2.99; short-term debt falls from €97,040 to €34,760.
31-12
Financial Equity above €100,000Eq €119,082 ▲84.8%
5 profitable years in a row build equity to €119,082.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2019net €89,084 ▲145%
Operating result €121,493, net result €89,084, both a record.
2021
17-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
09-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2019
01-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Mouscron · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
3,411 m²
Building footprint
577 m²
Parcel 54006N0215/00H002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Gustave Fachedreef(L) 3, 7700 Mouscron
Holdings
since 19992.221.043.147
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54006N0215/00H002 Wallonia 3,411 m² 1 · 577 m² -
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

Chain of control

  1. EJA SOLUTIONS 100%
  2. IMMO EJA

Highest known parent: EJA SOLUTIONS. The sources do not say who stands above it.

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 12,042 companies in sector 68203 we hold annual accounts for 5,995. 4,311 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
Founded27-01-1999
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0465345226
Also 9925:BE0465345226
Registered 04-08-2026

Register as of 27 September 2026 · Peppol Directory

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