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KAJO

Active
Private limited companyfounded 20205 yrs activeLeuvensesteenweg(MZN) 598, 2812 Mechelen, BelgiumKBO/BCE: BE 0759.946.795
Summary

KAJO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97,061 and a net result of -€4,928. Equity is growing by ~43.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 9436 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2023
Profitability13▼-87
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 14.67 against 5.41 in 2023; short-term debt: 6.6% and cash: 11% of total assets), and 6.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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 →
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 · 4 filings
Deviation from the deadline
2025
23 d early
2024
17 d early
2023
2 d early
2021
12 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 14 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. Usually files around 17 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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

KAJO was incorporated on 17 December 2020 as a Private limited company.1 Total assets rose from EUR 13,549 in 2021 to EUR 103,948 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€97,061▲ 88.4%
2023 · €51,511
Total assets
€103,948▲ 64.5%
2023 · €63,199
Net result
-€4,928
2023 · €45,063
Working capital
€94,141▲ 82.8%
2023 · €51,511
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 68, Real estate activities, 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).

Available amounts per fiscal year
Line202120232025
Operating result€5,919-€53,237--€5,916-
Net result€4,164within the sector's middle half-€45,063above the sector's middle half--€4,928within the sector's middle half-
Equity€6,664below the sector's middle half-€51,511within the sector's middle half-€97,061within the sector's middle half-
Total assets€13,549below the sector's middle half-€63,199below the sector's middle half-€103,948below the sector's middle half-
Debt€6,885-€11,689-€6,887-
Working capital€7,009within the sector's middle half-€51,511within the sector's middle half-€94,141within the sector's middle half-
Solvency49.2%within the sector's middle half-81.5%above the sector's middle half-93.4%above the sector's middle half-
Current ratio2.07within the sector's middle half-5.41above the sector's middle half-14.67above the sector's middle half-
Return on assets (ROA)30.7%above the sector's middle half-71.3%above the sector's middle half--4.7%below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2021: €5,919€5,919Net result 2021: €4,164€4,164Operating result 2023: €53,237€53,237Net result 2023: €45,063€45,063Operating result 2025: -€5,916-€5,916Net result 2025: -€4,928-€4,928202120232025-€20,000€0€20,000€40,000€60,000Operating result 2021: €5,919€5,920Net result 2021: €4,164€4,160Operating result 2023: €53,237€53,200Net result 2023: €45,063€45,100Operating result 2025: -€5,916-€5,920Net result 2025: -€4,928-€4,930202120232025
The operating result is -€5,916 in 2025, compared with €53,237 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €103,948
Fixed assets €2,921
Current assets €101,027
Equity and liabilities €103,948
Equity €97,061 ▲ 88.4%
Debt €6,887 ▼ 41.1%
Debt's share of the balance-sheet total falls from 18.5% to 6.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2023
EBITDA
-€5,349
Cash flow
-€4,362
Debt to equity
0.07▼
2023 · 0.23
ROE
-5.1%▼
2023 · 87.5%
Interest coverage
-31.19
Debt ≤ 1 year
€6,887▼
2023 · €11,689
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.3% went bankrupt
7.5% stopped otherwise
90% 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 0.7% 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 497,341 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 3,441 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 2023 · 38 lines
Balance sheet Code20232025
Assets
Total assets20/58€63,199€103,948▲
Fixed assets21/28-€2,921
Tangible fixed assets22/27-€2,921
Plant, machinery and equipment23-€1,736
Furniture and vehicles24-€1,185
Current assets29/58€63,199€101,027▲
Amounts receivable within one year40/41€63,183€89,559▲
Trade receivables40€3,882-
Other amounts receivable41€59,301€89,559▲
Cash at bank and in hand54/58€16€11,469▲
Equity and liabilities
Total equity and liabilities10/49€63,199€103,948▲
Equity10/15€51,511€97,061▲
Contributions10/11€2,500€2,500=
Outside capital11€2,500€2,500=
Other1109/19€2,500€2,500=
Reserves13€49,011€94,561▲
Distributable reserves133€49,011€94,561▲
Amounts payable17/49€11,689€6,887▼
Amounts payable within one year42/48€11,689€6,887▼
Taxes, remuneration and social security45€11,689€6,887▼
Taxes450/3€11,689€6,887▼
Income statement Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€566
Other operating charges640/8-€1,146
Gross operating margin9900€53,237-€4,203▼
Operating profit (loss)9901€53,237-€5,916▼
Financial income75/76B€3,217€1,159▼
Recurring financial income75€3,217€1,159▼
Financial charges65/66B€125€172▲
Recurring financial charges65€125€172▲
Profit (loss) for the period before taxes9903€56,329-€4,928▼
Income taxes67/77€11,266-
Profit (loss) for the period9904€45,063-€4,928▼
Profit (loss) for the period to be appropriated9905€45,063-€4,928▼
Appropriation of the result
Profit (loss) to be appropriated9906€49,011-€4,928▼
Profit (loss) brought forward from the previous period14P€3,947-
Transfer from equity791/2-€4,928
Transfer to equity691/2€49,011-
To other reserves6921€49,011-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120232025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€566-
Other operating charges640/8€656-€1,146-
Gross operating margin9900€6,575€53,237-€4,203-
Operating profit (loss)9901€5,919€53,237-€5,916-
Financial income75/76B-€3,217€1,159-
Recurring financial income75-€3,217€1,159-
Financial charges65/66B€114€125€172-
Recurring financial charges65€114€125€172-
Profit (loss) for the period before taxes9903€5,804€56,329-€4,928-
Income taxes67/77€1,640€11,266--
Profit (loss) for the period9904€4,164€45,063-€4,928-
Profit (loss) for the period to be appropriated9905€4,164€45,063-€4,928-
Line202120232025Change
Assets
Total assets20/58€13,549€63,199€103,948-
Fixed assets21/28--€2,921-
Tangible fixed assets22/27--€2,921-
Plant, machinery and equipment23--€1,736-
Furniture and vehicles24--€1,185-
Current assets29/58€13,549€63,199€101,027-
Amounts receivable within one year40/41€13,495€63,183€89,559-
Trade receivables40€7,725€3,882--
Other amounts receivable41€5,771€59,301€89,559-
Cash at bank and in hand54/58€54€16€11,469-
Equity and liabilities
Total equity and liabilities10/49€13,549€63,199€103,948-
Equity10/15€6,664€51,511€97,061-
Contributions10/11€2,500€2,500€2,500-
Outside capital11-€2,500€2,500-
Other1109/19-€2,500€2,500-
Reserves13€4,164€49,011€94,561-
Distributable reserves133€4,164€49,011€94,561-
Amounts payable17/49€6,885€11,689€6,887-
Amounts payable within one year42/48€6,540€11,689€6,887-
Trade debts44€4,900---
Suppliers440/4€4,900---
Taxes, remuneration and social security45€1,640€11,689€6,887-
Taxes450/3€1,640€11,689€6,887-
Accrued charges and deferred income492/3€345---
Line202120232025Change
Profit (loss) for the period9904€4,164€45,063-€4,928-
+ Depreciation and write-downs630--€566-
Operating cash flow (approximation)€4,164€45,063-€4,362-

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 Weakest financial yearnet -€4,928
Net result drops to -€4,928, the lowest in the series.
31-12
Financial Liquidity triplescurrent ratio 14.67
Current ratio from 5.41 to 14.67; short-term debt falls from €11,689 to €6,887.
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2021net €45,063 ▲982%
Operating result €53,237, net result €45,063, both a record.
31-12
Financial Liquidity triplescurrent ratio 5.41
Current ratio from 2.07 to 5.41.
2022
19-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
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.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
726 m²
Building footprint
105 m²
Volume, LiDAR
611 m³
Parcel 12409D0322/00T000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kajo
Leuvensesteenweg(MZN) 598, 2812 MechelenComputing infrastructure, data processing, hosting and other information service activities
since 20202.313.123.960
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12409D0322/00T000 Flanders 726 m² 1 · 105 m² 10.3 m · 2 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.

Subsidies and aid

Flemish government

2022 · 1 entry · 585 EUR awarded · 585 EUR paid
Year Entries awardedpaid
2022 1 585 EUR585 EUR
Schemes
1 entry · 585 EUR · 585 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 7,321 companies in this sector we hold annual accounts for 5,390. 3,684 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded17-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0759946795
Also 9925:BE0759946795
Registered 25-11-2025

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

Register as of 1 October 2026 · Peppol Directory

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