NDJ Projects
ActiveThe computed 12-month bankruptcy probability of NDJ Projects is 1.7% (moderate). The 2024 annual accounts show negative equity (€-49k) and a net result of €-13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36373 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▲+50
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.3 in 2023; short-term debt: 75% and cash: 1.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-37.6%
Return on assets
-10.3%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-49k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
34 d early
2022
35 d early
2021
38 d early
2020
21 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-49k▼ 37.9%
2023 · €-35k
2018: €57k
2019: €70k
2020: €83k
2021: €61k
2022: €28k
2023: €-35k
2018 → 2024
Total assets
€130k▲ 160%
2023 · €50k
2018: €350k
2019: €671k
2020: €641k
2021: €552k
2022: €168k
2023: €50k
2018 → 2024
Net result
€-13k▲ 78.9%
2023 · €-64k
2018: €85k
2019: €58k
2020: €12k
2021: €-22k
2022: €-33k
2023: €-64k
2018 → 2024
Working capital
€-93k▼ 522%
2023 · €-15k
2018: €-40k
2019: €-89k
2020: €-160k
2021: €-253k
2022: €59k
2023: €-15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€83k-€61k▼ 26.4%€28k▼ 53.7%€-35k€-49k▼ 37.9%
Operating result€33k-€-10k€-29k▼ 197%€-52k▼ 80.8%€-9k▲ 83.7%
Net result€12k-€-22k€-33k▼ 49.7%€-64k▼ 95.1%€-13k▲ 78.9%
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 €9k in 2024 against €52k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€126k▲ 187%
Current assets
€5k▼ 27.8%
Key figures and ratios
EBITDA
€25k▲
2023 · €-19k
Cash flow
€21k▲
2023 · €-30k
Solvency
-37.6%▲
2023 · -71.0%
Current ratio
0.05▼
2023 · 0.30
Quick ratio
0.05▼
2023 · 0.30
Debt / equity
-3.66▼
2023 · -2.41
ROA
-10.3%▲
2023 · -127.4%
Interest coverage
5.28▲
2023 · -7.35
Debt
€179k▲
2023 · €85k
Debt ≤ 1 year
€98k▲
2023 · €21k
Debt > 1 year
€81k▲
2023 · €64k
Income taxes
€100▲
2023 · €-3
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€50k€130k▲
Fixed assets21/28€44k€126k▲
Tangible fixed assets22/27€44k€126k▲
Land and buildings22€26k€25k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€14k€99k▲
Current assets29/58€6k€5k▼
Amounts receivable within one year40/41€1k€2k▲
Trade receivables40-€500
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€280-
Equity and liabilities
Total equity and liabilities10/49€50k€130k▲
Equity10/15€-35k€-49k▼
Contributions10/11€6k€6k=
Reserves13€65k€65k=
Distributable reserves133€65k€65k=
Profit (loss) carried forward14€-107k€-120k▼
Amounts payable17/49€85k€179k▲
Amounts payable after more than one year17€64k€81k▲
Financial debts170/4€64k€81k▲
Amounts payable within one year42/48€21k€98k▲
Current portion of amounts payable after more than one year42€15k€25k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Other amounts payable47/48€2k€65k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▲
Other operating charges640/8€855€2k▲
Gross operating margin9900€-18k€27k▲
Operating profit (loss)9901€-52k€-9k▲
Financial charges65/66B€12k€5k▼
Recurring financial charges65€3k€5k▲
Non-recurring financial charges66B€9k-
Profit (loss) for the period before taxes9903€-64k€-13k▲
Income taxes67/77€-3€100▲
Profit (loss) for the period9904€-64k€-13k▲
Profit (loss) for the period to be appropriated9905€-64k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-107k€-120k▼
Profit (loss) brought forward from the previous period14P€-43k€-107k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 8current ratio 2.84
Current ratio from 0.34 to 2.84; short-term debt falls from €382k to €32k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2012
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.
Gravendreef(BEV) 99120 Beveren-Kruibeke-ZwijndrechtGround area
845 m²
Building footprint
846 m²
Volume, LiDAR
14,834 m³
Parcel 46502D1183/00T000, Flanders · tallest building 21.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
NDJ Projects
since 20122.205.976.671
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46502D1183/00T000 | Flanders | 845 m² | 1 · 845 m² | 21.3 m · 6 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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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 6,696 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2012
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.