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NJ-INNOVATION

Active
Private limited companyfounded 2023active for 3 yearsGrote Plaats(E) 50, 7850 Enghien, BelgiumKBO/BCE: BE 1001.721.968
Summary

The computed 12-month bankruptcy probability of NJ-INNOVATION is 1.9% (moderate). The annual accounts of NJ-INNOVATION for financial year 2025 show a net loss of 75% of total assets and of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €2,110 and a net result of -€7,975. Its solvency ranks better than 22% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 27-10-2023 Normal situation
Registered office
16 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Other construction installation NACE 43240and 3 others
Establishment unit
2.356.793.954 7850 Enghien, since 27-10-2023
Financial year end
31 December
Peppol
Reachable

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
-€7,193
Loss
€7,975
Equity
€2,110
▼ 79.1%
Total assets
€10,586
▼ 26.2%
Turnover not published (micro format)
Score breakdownraises riskFounded in 2023Sector: Specialised construction activities (NACE 43)Loss of €7,975 (financial year 2025)lowers riskSize: total assets €10,586Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 10% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 45-50
equity 19.9% of total assets
Liquidity 19-69
short-term debt 80.1% · cash 10.1%
Profitability 0-100
return on assets -75.3%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 1.9% 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 2.3%▲ +0.4 percentage points vs 01-2025 03-2025: 2.4%▲ +0.1 percentage points vs 02-2025 04-2025: 2.7%▲ +0.3 percentage points vs 03-2025 05-2025: 2.7%● unchanged vs 04-2025 06-2025: 3.0%▲ +0.3 percentage points vs 05-2025 07-2025: 3.0%● unchanged vs 06-2025highest value 08-2025: 0.5%▼ -2.5 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025lowest value 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +1.3 percentage points vs 07-2026 09-2026: 1.9%● unchanged vs 08-2026 10-2026: 1.9%● unchanged vs 09-2026 11-2026: 1.9%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.21 (3.29 in 2024), below the usual 1.5. Short-term debt is 80.1% and cash 10.1% of total assets. 80.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 22% of them on solvency, 11% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €10,586
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Loss of €7,975 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 34954 sector peers (2025).
NBB · sector comparison
Position among 34954 sector peers
Solvency
better than 22%
← weakest strongest →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
11 days early
2024
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 17 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Caution: Less equity than 90% of companies in specialised constructionsector median €57,775 · 34,966 companies €2,110 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €4,000 · Appointments: JURCA Davy Stéphane, VANBONDT Niels and TEIRLYNCK Nicolas André Robert
All 3 events

Comparable companies

These companies have the same main activity as NJ-INNOVATION: other construction installation (NACE 43240). They are comparable in size and age: total assets between €7,310 and €15,600, founded between 2023 and 2024.

CompanyTotal assetsGross margin
NJ-INNOVATION Enghien€10,586-€7,193
NEXUS OS Gerpinnes€14,674-€18,409
SOLARNEST Ans€8,093€810
Power Company Wommelgem€11,550-€26,250
ADIK Antwerpen€15,601-€2,987
TORFS PROJECTS Antwerpen€7,308-€23,177
BLUEPRINT PROJECTS Ichtegem€9,335-€9,543
Full comparison

Key facts about NJ-INNOVATION

What is the company number of NJ-INNOVATION?
The company number of NJ-INNOVATION is 1001.721.968. The VAT number is the same number with BE in front: BE 1001.721.968.
Where is NJ-INNOVATION based?
The registered office is at Grote Plaats(E) 50, 7850 Enghien.Company details
What does NJ-INNOVATION do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of NJ-INNOVATION?
The legal form of NJ-INNOVATION is Private limited company (BV).
When was NJ-INNOVATION founded?
NJ-INNOVATION was founded on 27-10-2023.
Is NJ-INNOVATION still active?
Yes, NJ-INNOVATION is an active enterprise in the KBO register.
What is the turnover of NJ-INNOVATION?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is NJ-INNOVATION profitable?
In financial year 2025, NJ-INNOVATION made a loss of €7,975.
Where can I find the annual accounts of NJ-INNOVATION?
NJ-INNOVATION filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NJ-INNOVATION due?
NJ-INNOVATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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