LJMAX
ActiveSummary
LJMAX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,618 and a net result of €5,491. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 16% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▲+7
Solvency34▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.61 in 2024; short-term debt: 10.5% and cash: 1.1% of total assets), but 90.9% 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 16% of 31840 sector peers (2025).
NBB · sector comparisonPosition among 31840 sector peers
Solvency
better than 16%
← 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 · 6 filingsDeviation from the deadline
2025
on the day
2024
43 d late
2023
23 d late
2022
30 d late
2021
29 d late
2020
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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 close26-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€37,618▲ 17.1%
2024 · €32,127
Total assets
€413,298▼ 3.8%
2024 · €429,523
Net result
€5,491
2024 · -€1,189
Working capital
€29,751▼ 0.7%
2024 · €29,956
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€21,079▲ 636%€15,862▼ 24.7%€14,108▼ 11.1%€17,663▲ 25.2%€24,900▲ 41.0%
Net result€12,817▲ 7,861%€10,151▼ 20.8%€3,987▼ 60.7%-€1,189€5,491
Equity€19,178▲ 201%€29,329▲ 52.9%€33,316▲ 13.6%€32,127▼ 3.6%€37,618▲ 17.1%
Total assets€37,712▲ 115%€59,198▲ 57.0%€432,689▲ 631%€429,523▼ 0.7%€413,298▼ 3.8%
Debt€18,534▲ 65.4%€29,869▲ 61.2%€399,373▲ 1,237%€397,396▼ 0.5%€375,680▼ 5.5%
Working capital€19,178▲ 277%€29,329▲ 52.9%€32,733▲ 11.6%€29,956▼ 8.5%€29,751▼ 0.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 41% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €413,298
Fixed assets
€340,058 ▼ 3.0%
Current assets
€73,240 ▼ 7.2%
Equity and liabilities €413,298
Equity
€37,618 ▲ 17.1%
Debt
€375,680 ▼ 5.5%
Debt's share of the balance-sheet total falls from 92.5% to 90.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36,710▲
2024 · €29,278
Cash flow
€17,301▲
2024 · €10,426
Current ratio
1.68▲
2024 · 1.61
Debt to equity
9.99▼
2024 · 12.37
ROE
14.6%▲
2024 · -3.7%
ROA
1.3%▲
2024 · -0.3%
Interest coverage
2.45▲
2024 · 1.86
Debt ≤ 1 year
€43,489▼
2024 · €48,951
Debt > 1 year
€330,034▼
2024 · €346,092
Income taxes
€4,438▲
2024 · €3,098
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €3,895 | €11,615 | €11,810 | ▲ 1.7% |
| Other operating charges640/8 | - | €1,402 | €2,797 | €4,343 | €4,955 | ▲ 14.1% |
| Gross operating margin9900 | €26,073 | €17,264 | €20,800 | €33,621 | €41,665 | ▲ 23.9% |
| Operating profit (loss)9901 | €21,079 | €15,862 | €14,108 | €17,663 | €24,900 | ▲ 41.0% |
| Financial income75/76B | - | - | - | €26 | €9 | ▼ 65.4% |
| Recurring financial income75 | €6 | - | - | €26 | €9 | ▼ 65.4% |
| Financial charges65/66B | - | €651 | €5,818 | €15,780 | €14,980 | ▼ 5.1% |
| Recurring financial charges65 | €607 | €651 | €5,818 | €15,780 | €14,980 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | €20,478 | €15,211 | €8,290 | €1,909 | €9,929 | ▲ 420% |
| Income taxes67/77 | €7,661 | €5,060 | €4,303 | €3,098 | €4,438 | ▲ 43.3% |
| Profit (loss) for the period9904 | €12,817 | €10,151 | €3,987 | -€1,189 | €5,491 | ▲ 562% |
| Profit (loss) for the period to be appropriated9905 | €12,817 | €10,151 | €3,987 | -€1,189 | €5,491 | ▲ 562% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,712 | €59,198 | €432,689 | €429,523 | €413,298 | ▼ 3.8% |
| Fixed assets21/28 | - | - | €355,404 | €350,616 | €340,058 | ▼ 3.0% |
| Tangible fixed assets22/27 | - | - | €355,404 | €350,616 | €340,058 | ▼ 3.0% |
| Land and buildings22 | - | - | €355,404 | €350,616 | €340,058 | ▼ 3.0% |
| Current assets29/58 | €37,712 | €59,198 | €77,285 | €78,907 | €73,240 | ▼ 7.2% |
| Amounts receivable within one year40/41 | €29,019 | €52,627 | €63,800 | €76,275 | €68,753 | ▼ 9.9% |
| Trade receivables40 | - | €8,652 | €7,994 | €10,587 | €169 | ▼ 98.4% |
| Other amounts receivable41 | - | €43,975 | €55,806 | €65,688 | €68,584 | ▲ 4.4% |
| Cash at bank and in hand54/58 | €8,693 | €6,571 | €13,395 | €2,632 | €4,487 | ▲ 70.5% |
| Deferred charges and accrued income490/1 | - | - | €90 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,712 | €59,198 | €432,689 | €429,523 | €413,298 | ▼ 3.8% |
| Equity10/15 | €19,178 | €29,329 | €33,316 | €32,127 | €37,618 | ▲ 17.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €11,118 | €21,269 | €25,256 | €24,067 | €29,558 | ▲ 22.8% |
| Amounts payable17/49 | €18,534 | €29,869 | €399,373 | €397,396 | €375,680 | ▼ 5.5% |
| Amounts payable after more than one year17 | - | - | €352,664 | €346,092 | €330,034 | ▼ 4.6% |
| Financial debts170/4 | - | - | €352,664 | €346,092 | €330,034 | ▼ 4.6% |
| Amounts payable within one year42/48 | €18,534 | €29,869 | €44,552 | €48,951 | €43,489 | ▼ 11.2% |
| Current portion of amounts payable after more than one year42 | - | - | €13,079 | €15,459 | €16,058 | ▲ 3.9% |
| Trade debts44 | €8,289 | €12,866 | €14,767 | €3,266 | €2,595 | ▼ 20.5% |
| Suppliers440/4 | - | €12,866 | €14,767 | €3,266 | €2,595 | ▼ 20.5% |
| Taxes, remuneration and social security45 | - | €17,003 | €16,706 | €30,226 | €24,836 | ▼ 17.8% |
| Taxes450/3 | - | €17,003 | €16,706 | €30,226 | €24,836 | ▼ 17.8% |
| Accrued charges and deferred income492/3 | - | - | €2,157 | €2,353 | €2,157 | ▼ 8.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,817 | €10,151 | €3,987 | -€1,189 | €5,491 | ▲ 562% |
| + Depreciation and write-downs630 | - | - | €3,895 | €11,615 | €11,810 | ▲ 1.7% |
| Operating cash flow (approximation) | €12,817 | €10,151 | €7,882 | €10,426 | €17,301 | ▲ 65.9% |
| Investment in fixed assets (approximation) | - | - | - | -€6,827 | -€1,252 | ▲ 81.7% |
| Change in cash | - | -€2,122 | €6,824 | -€10,763 | €1,855 | ▲ 117% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €5,491
Net result €5,491 after one loss-making year.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
31-03
Financial
Weakest financial yearnet -€1,189
Net result drops to -€1,189, the lowest in the series; recovery starts the following year.
2023
23-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
31-03
Financial
Highest result since 2020net €12,817 ▲7,861%
Net result €12,817, the highest in the series.
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Namur · 1 establishment unit since 2019
Ground area
939 m²
Building footprint
75 m²
Volume, LiDAR
501 m³
Parcel 92135H0348/00A000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LJMAX
since 20192.287.615.534
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92135H0348/00A000 | Wallonia | 939 m² | 1 · 75 m² | 8.0 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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 36,264 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 (pre-2019)
Founded29-03-2019
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.