LJK
ActiveLJK has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €-43k. Equity is shrinking by ~20.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 24% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66=
Solvency28▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.11 in 2024; short-term debt: 89.1% and cash: 0.3% of total assets), and 97.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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
Sector 68
lower
← 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
2.6%
Return on assets
-2.3%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-43k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 14009 sector peers (2025).
NBB · sector comparisonPosition among 14009 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
on the day
2022
18 d late
2021
3 d late
2020
16 d late
2019
7 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▼ 47.5%
2024 · €90k
2019: €259k
2020: €230k
2021: €221k
2022: €181k
2023: €127k
2024: €90k
2019 → 2025
Total assets
€1.84M▼ 0.4%
2024 · €1.85M
2019: €2.15M
2020: €2.24M
2021: €2.20M
2022: €2.14M
2023: €1.95M
2024: €1.85M
2019 → 2025
Net result
€-43k▼ 15.3%
2024 · €-37k
2019: €42k
2020: €-29k
2021: €-10k
2022: €-39k
2023: €-54k
2024: €-37k
2019 → 2025
Working capital
€-1.51M▼ 7.4%
2024 · €-1.41M
2019: €-951k
2020: €-1.11M
2021: €-1.09M
2022: €-1.03M
2023: €-1.37M
2024: €-1.41M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€221k-€181k▼ 17.9%€127k▼ 30.0%€90k▼ 29.2%€47k▼ 47.5%
Operating result€4k-€-27k€-45k▼ 66.4%€-31k▲ 31.1%€-38k▼ 20.5%
Net result€-10k-€-39k▼ 314%€-54k▼ 38.1%€-37k▲ 32.0%€-43k▼ 15.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €38k in 2025 against €31k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.84M
Fixed assets
€1.71M▲ 2.7%
Current assets
€129k▼ 28.5%
Equity and liabilities €1.84M
Equity
€47k▼ 47.5%
Debt
€1.79M▲ 2.0%
The debt ratio rises from 95.1% to 97.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€44k▼
2024 · €51k
Cash flow
€39k▼
2024 · €45k
Solvency
2.6%▼
2024 · 4.9%
Current ratio
0.08▼
2024 · 0.11
Quick ratio
0.08▼
2024 · 0.11
Debt / equity
38.08▲
2024 · 19.59
ROE
-90.5%▼
2024 · -41.2%
ROA
-2.3%▼
2024 · -2.0%
Interest coverage
10.30▲
2024 · 10.09
Debt
€1.79M▲
2024 · €1.76M
Debt ≤ 1 year
€1.64M▲
2024 · €1.59M
Debt > 1 year
€154k▼
2024 · €171k
Income taxes
€770▲
2024 · €755
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.85M€1.84M▼
Fixed assets21/28€1.67M€1.71M▲
Tangible fixed assets22/27€1.67M€1.71M▲
Land and buildings22€1.67M€1.71M▲
Plant, machinery and equipment23€900€467▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€181k€129k▼
Amounts receivable within one year40/41€123k€121k▼
Other amounts receivable41€123k€121k▼
Cash at bank and in hand54/58€54k€5k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.85M€1.84M▼
Equity10/15€90k€47k▼
Contributions10/11€590k€590k=
Capital10€590k€590k=
Issued capital100€590k€590k=
Profit (loss) carried forward14€-500k€-543k▼
Amounts payable17/49€1.76M€1.79M▲
Amounts payable after more than one year17€171k€154k▼
Financial debts170/4€171k€154k▼
Amounts payable within one year42/48€1.59M€1.64M▲
Current portion of amounts payable after more than one year42€16k€17k▲
Trade debts44€452€58▼
Suppliers440/4€452€58▼
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€1.57M€1.62M▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€82k▲
Other operating charges640/8€21k€17k▼
Gross operating margin9900€71k€62k▼
Operating profit (loss)9901€-31k€-38k▼
Financial income75/76B€0€45▲
Recurring financial income75€0€45▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-36k€-42k▼
Income taxes67/77€755€770▲
Profit (loss) for the period9904€-37k€-43k▼
Profit (loss) for the period to be appropriated9905€-37k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-500k€-543k▼
Profit (loss) brought forward from the previous period14P€-463k€-500k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-54k
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2019
07-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Koksijde · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Strandlaan(Kok) 358670 KoksijdeGround area
1,370 m²
Building footprint
204 m²
Volume, LiDAR
1,066 m³
Parcel 38343A0876/00M000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L J K
since 20052.146.909.413
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38343A0876/00M000 | Flanders | 1,370 m² | 1 · 204 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TAXANDRIA
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TARPEX
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Of 7,322 companies in sector 68110 we hold annual accounts for 5,382. 3,226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-04-2005
Fiscal year end31-03
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.