LOJEGA
ActiveLOJEGA has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62.85M and a net result of €258k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+60
Solvency63▼-1
Growth52▲+1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.85M at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.9 in 2023; short-term debt: 5.2% and cash: 4.7% of total assets), but 61.5% 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 · 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
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.5%
Return on assets
0.2%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
41 d early
2023
36 d early
2022
42 d early
2021
51 d early
2020
53 d early
2019
43 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€18.94M▲ 16.7%
2023 · €16.22M
2019: €13.66M
2020: €13.94M
2021: €13.47M
2022: €15.18M
2023: €16.22M
2019 → 2025
EBIT margin
-3.4%▲ 39.9pp
2023 · -43.3%
2019: 13.8%
2020: 14.8%
2021: 26.6%
2022: -2.0%
2023: -43.3%
2019 → 2025
Net result
€258k
2023 · €-6.29M
2019: €1.94M
2020: €2.18M
2021: €3.90M
2022: €129k
2023: €-6.29M
2019 → 2025
Working capital
€4.94M▼ 15.5%
2023 · €5.84M
2019: €8.77M
2020: €9.86M
2021: €10.30M
2022: €5.52M
2023: €5.84M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Turnover€13.94M-€13.47M▼ 3.3%€15.18M▲ 12.7%€16.22M▲ 6.8%€18.94M▲ 16.7%
Equity€45.19M-€57.61M▲ 27.5%€59.23M▲ 2.8%€57.82M▼ 2.4%€62.85M▲ 8.7%
Operating result€2.06M-€3.58M▲ 73.9%€-297k€-7.03M▼ 2,269%€-642k▲ 90.9%
Net result€2.18M-€3.90M▲ 78.6%€129k▼ 96.7%€-6.29M€258k
Result per fiscal year
Operating resultNet result
The operating result is €-642k in 2025, compared with €-7.03M in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €163.32M
Fixed assets
€149.96M▲ 10.1%
Current assets
€13.36M▲ 8.1%
Equity and liabilities €163.32M
Equity
€62.85M▲ 8.7%
Provisions
€8.64M▼ 3.8%
Debt
€91.83M▲ 12.4%
The debt ratio rises from 55.0% to 56.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6.91M▲
2023 · €256k
Cash flow
€7.81M▲
2023 · €994k
Solvency
38.5%▼
2023 · 38.9%
Current ratio
1.59▼
2023 · 1.90
Quick ratio
1.54▼
2023 · 1.84
Debt / equity
1.46▲
2023 · 1.41
ROE
0.4%▲
2023 · -10.9%
ROA
0.2%▲
2023 · -4.2%
Interest coverage
6.35▲
2023 · 0.21
Debt
€91.83M▲
2023 · €81.73M
Debt ≤ 1 year
€8.43M▲
2023 · €6.52M
Debt > 1 year
€81.20M▲
2023 · €75.04M
Income taxes
€68▲
2023 · €0
Staff costs
€8.44M▲
2023 · €7.78M
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€148.53M€163.32M▲
Fixed assets21/28€136.18M€149.96M▲
Intangible fixed assets21€0€120k▲
Tangible fixed assets22/27€136.18M€149.84M▲
Land and buildings22€126.74M€133.40M▲
Plant, machinery and equipment23€32k€24k▼
Furniture and vehicles24€259k€145k▼
Leasing and similar rights25€176k€163k▼
Other tangible fixed assets26€5k€27k▲
Assets under construction and advance payments27€8.97M€16.09M▲
Current assets29/58€12.36M€13.36M▲
Stocks and contracts in progress3€369k€350k▼
Stocks30/36€369k€350k▼
Raw materials and consumables30/31€369k€350k▼
Amounts receivable within one year40/41€2.86M€4.20M▲
Trade receivables40€1.12M€1.19M▲
Other amounts receivable41€1.74M€3.00M▲
Current investments50/53€2k€2k▼
Own shares50-€0
Other investments51/53€2k€2k▼
Cash at bank and in hand54/58€8.69M€7.60M▼
Deferred charges and accrued income490/1€429k€1.22M▲
Equity and liabilities
Total equity and liabilities10/49€148.53M€163.32M▲
Equity10/15€57.82M€62.85M▲
Contributions10/11€95k€108k▲
Reserves13€19.57M€19.03M▼
Non-distributable reserves130/1€13k€0▼
Reserves not available under the articles1311€13k€0▼
Tax-exempt reserves132€441k-
Distributable reserves133€19.11M€19.03M▼
Investment grants15€38.16M€43.71M▲
Provisions and deferred taxes16€8.98M€8.64M▼
Provisions for liabilities and charges160/5€6.97M€6.47M▼
Major repairs and maintenance162€6.66M€6.32M▼
Environmental obligations163€0-
Other liabilities and charges164/5€309k€150k▼
Deferred taxes168€2.01M€2.18M▲
Amounts payable17/49€81.73M€91.83M▲
Amounts payable after more than one year17€75.04M€81.20M▲
Financial debts170/4€74.87M€81.05M▲
Credit institutions173-€81.05M
Other loans174€74.87M-
Other amounts payable178/9€174k€155k▼
Amounts payable within one year42/48€6.52M€8.43M▲
Current portion of amounts payable after more than one year42€3.38M€3.85M▲
Financial debts43-€0
Credit institutions430/8-€0
Trade debts44€2.07M€3.38M▲
Suppliers440/4€2.07M€3.38M▲
Advances received on contracts in progress46€1k€104k▲
Taxes, remuneration and social security45€844k€932k▲
Taxes450/3€46k€181k▲
Remuneration and social security454/9€798k€751k▼
Other amounts payable47/48€219k€155k▼
Accrued charges and deferred income492/3€174k€2.20M▲
Income statement
Code20232025
Operating income70/76A€21.20M€24.61M▲
Turnover70€16.22M€18.94M▲
Own construction capitalised72€1.01M€944k▼
Other operating income74€3.89M€4.71M▲
Non-recurring operating income76A€72k€15k▼
Operating charges60/66A€28.23M€25.26M▼
Goods for resale, raw materials and consumables60€493k€334k▼
Purchases600/8€496k€370k▼
Change in stocks: decrease (increase)609€-3k€-35k▼
Services and other goods61€5.42M€6.75M▲
Remuneration, social security and pensions62€7.78M€8.44M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7.28M€7.55M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-27k€-1k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€4.93M€-169k▼
Other operating charges640/8€2.35M€2.35M▼
Operating charges capitalised as restructuring costs649-€0
Non-recurring operating charges66A€6k€85▼
Operating profit (loss)9901€-7.03M€-642k▲
Financial income75/76B€1.87M€1.90M▲
Recurring financial income75€1.87M€1.90M▲
Income from current assets751€260k€121k▼
Other financial income752/9€1.61M€1.78M▲
Financial charges65/66B€1.22M€1.09M▼
Recurring financial charges65€1.22M€1.09M▼
Debt charges650€1.22M€1.09M▼
Other financial charges652/9€3k€3k▲
Profit (loss) for the period before taxes9903€-6.37M€165k▲
Transfer from deferred taxes780€85k€93k▲
Income taxes67/77€0€68▲
Taxes670/3€0€68▲
Profit (loss) for the period9904€-6.29M€258k▲
Profit (loss) for the period to be appropriated9905€-6.29M€258k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17.37M€258k▼
Profit (loss) brought forward from the previous period14P€23.66M-
Transfer from equity791/2-€0
From reserves792-€0
Transfer to equity691/2€17.37M€258k▼
To other reserves6921€17.37M€258k▼
Social balance
Average headcount (FTE)9087119.8116.4▼
The notes to these accounts (70 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
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €258k
Net result €258k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Weakest financial yearnet €-6.29M ▼4965%
Net result drops to €-6.29M, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2019net €3.90M ▲78.6%
Operating result €3.58M, net result €3.90M, both a record.
31-12
Financial
Equity above €50MEq €57.61M ▲27.5%
3 profitable years in a row build equity to €57.61M.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
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.
Directors · office · real estate
Directors
46 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, Ganshoren · 2 establishment units since 1968
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.
Rusatiralaan 61083 GanshorenGround area
4,590 m²
Building footprint
2,073 m²
Volume, LiDAR
29,427 m³
2 parcels, Brussels · tallest building 28.7 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
Jules Lahayestraat 282, 1090 Jette
since 19682.228.454.046
LOJEGA
since 20172.283.490.460
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392A0008/00H003 | Brussels | 3,864 m² | 1 · 1,347 m² | 9.0 m · 3 fl. |
| 21463D0374/00N002 | Brussels | 726 m² | 1 · 726 m² | 28.7 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 206 companies in sector 68202 we hold annual accounts for 190. 125 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
68202Real estate activities
70202
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.