NJ 18
ActiveThe file of NJ 18 contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The latest annual accounts of NJ 18 were filed more than 90 days after the deadline. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2023 annual accounts show equity of €23,832 and a net result of €18,763. Equity is growing by ~252.2% per year across the filed fiscal years.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Axes, FY 2023 · tick = 2022
Profitability100=
Solvency68▲+22
Growth78=
Track record60
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% 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 · 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 2023Solvency, return and age of the figures
Solvency
43.1%
Return on assets
33.9%
Age of the figures
33 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-01-2026, 159 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
159 d late
2023
98 d late
2022
422 d late
2021
787 d late
← 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 367 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, abbreviated schema
Equity
€23,832▲ 361%
2022 · €5,169
Total assets
€55,299▲ 124%
2022 · €24,713
Net result
€18,763▲ 153%
2022 · €7,414
Working capital
€23,832▲ 361%
2022 · €5,169
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result-€3,762-€13,460€25,818▲ 91.8%
Net result-€4,285within the sector's middle half-€7,414within the sector's middle half€18,763within the sector's middle half▲ 153%
Equity-€2,245below the sector's middle half-€5,169below the sector's middle half€23,832below the sector's middle half▲ 361%
Total assets€3,017below the sector's middle half-€24,713below the sector's middle half▲ 719%€55,299below the sector's middle half▲ 124%
Debt€5,262-€19,544▲ 271%€31,467▲ 61.0%
Working capital-€2,261within the sector's middle half-€5,169within the sector's middle half€23,832within the sector's middle half▲ 361%
Solvency20.9%within the sector's middle half43.1%within the sector's middle half▲ 22.2pp
Current ratio1.26within the sector's middle half1.76within the sector's middle half▲ 0.49
Return on assets (ROA)30.0%above the sector's middle half33.9%above the sector's middle half▲ 3.9pp
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2023 is 92% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €55,299
Equity
€23,832 ▲ 361%
Debt
€31,467 ▲ 61.0%
Debt's share of the balance-sheet total falls from 79.1% to 56.9%. Equity and debt are higher.
Key figures and ratios
Debt to equity
1.32▼
2022 · 3.78
ROE
78.7%▼
2022 · 143.4%
Debt ≤ 1 year
€31,467▲
2022 · €19,544
Income taxes
€6,395▲
2022 · €5,188
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | €46,435 | - |
| Remuneration, social security and pensions62 | €5,021 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €517 | €16 | - | - |
| Other operating charges640/8 | €507 | €571 | €150 | ▼ 73.7% |
| Gross operating margin9900 | €2,283 | €14,047 | €25,968 | ▲ 84.9% |
| Operating profit (loss)9901 | -€3,762 | €13,460 | €25,818 | ▲ 91.8% |
| Financial charges65/66B | €505 | €858 | €661 | ▼ 22.9% |
| Recurring financial charges65 | €505 | €858 | €661 | ▼ 22.9% |
| Profit (loss) for the period before taxes9903 | -€4,267 | €12,602 | €25,157 | ▲ 99.6% |
| Income taxes67/77 | €18 | €5,188 | €6,395 | ▲ 23.3% |
| Profit (loss) for the period9904 | -€4,285 | €7,414 | €18,763 | ▲ 153% |
| Profit (loss) for the period to be appropriated9905 | -€4,285 | €7,414 | €18,763 | ▲ 153% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3,017 | €24,713 | €55,299 | ▲ 124% |
| Formation expenses20 | - | - | €0 | - |
| Fixed assets21/28 | €16 | €0 | €0 | - |
| Tangible fixed assets22/27 | €16 | €0 | €0 | - |
| Land and buildings22 | - | €0 | - | - |
| Plant, machinery and equipment23 | €16 | €0 | €0 | - |
| Current assets29/58 | €3,001 | €24,713 | €55,299 | ▲ 124% |
| Amounts receivable within one year40/41 | €2,917 | €8,525 | €27,123 | ▲ 218% |
| Trade receivables40 | €1,521 | €4,848 | €4,304 | ▼ 11.2% |
| Other amounts receivable41 | €1,396 | €3,677 | €22,819 | ▲ 521% |
| Cash at bank and in hand54/58 | €84 | €1,579 | €7,231 | ▲ 358% |
| Deferred charges and accrued income490/1 | - | €14,609 | €20,945 | ▲ 43.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3,017 | €24,713 | €55,299 | ▲ 124% |
| Equity10/15 | -€2,245 | €5,169 | €23,832 | ▲ 361% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€8,445 | -€1,031 | €17,632 | ▲ 1,810% |
| Amounts payable17/49 | €5,262 | €19,544 | €31,467 | ▲ 61.0% |
| Amounts payable within one year42/48 | €5,262 | €19,544 | €31,467 | ▲ 61.0% |
| Trade debts44 | €1,930 | €548 | - | - |
| Suppliers440/4 | €1,930 | €548 | - | - |
| Taxes, remuneration and social security45 | €3,332 | €18,996 | €31,467 | ▲ 65.7% |
| Taxes450/3 | €1,832 | €18,996 | €31,467 | ▲ 65.7% |
| Remuneration and social security454/9 | €1,500 | - | - | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,285 | €7,414 | €18,763 | ▲ 153% |
| + Depreciation and write-downs630 | €517 | €16 | - | - |
| Operating cash flow (approximation) | -€3,768 | €7,430 | €18,763 | ▲ 153% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €1,495 | €5,652 | ▲ 278% |
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
2026
02-06
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · event 26-05-2026
12-02
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement (SME) · event 04-02-2026
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 159 days late
2024
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 98 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 422 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 787 days late
2023
31-12
Financial
Highest result since 2021net €18,763 ▲153%
Operating result €25,818, net result €18,763, both a record.
2022
31-12
Financial
Back to profitnet €7,414
Net result €7,414 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.26
Current ratio from 0.57 to 1.26.
SignalFinancial 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, Elsene · 1 establishment unit since 2018
Ground area
856 m²
Building footprint
744 m²
Volume, LiDAR
16,134 m³
2 parcels, Brussels, Wallonia · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
NJ 18
since 20182.301.127.535
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
| 53075E0516/00Y007 | Wallonia | 156 m² | 1 · 44 m² | - |
Linked by address, not proof of ownership
Good to know
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 3,294 companies in sector 93110 we hold annual accounts for 1,500. 817 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)
Founded22-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
74140Other specialised design activities
74999Other professional, scientific and technical activities
93123Sports, amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0711942287
Also
9925:BE0711942287
Registered
20-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.