NJ-INNOVATION
ActiveThe computed 12-month bankruptcy probability of NJ-INNOVATION is 3.9% (moderate). The annual accounts of NJ-INNOVATION for fiscal 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 €2k and a net result of €-8k. Its solvency ranks better than 22% of 27619 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency45▼-50
Growth32
Track record82
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; 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 tight (current ratio 1.21 against 3.29 in 2024; short-term debt: 80.1% and cash: 10.1% of total assets), and 80.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
19.9%
Return on assets
-75.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 27619 sector peers (2025).
NBB · sector comparisonPosition among 27619 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 filingsDeviation from the deadline
2025
11 d early
2024
23 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 79.1%
2024 · €10k
2024: €10k
2024 → 2025
Total assets
€11k▼ 26.2%
2024 · €14k
2024: €14k
2024 → 2025
Net result
€-8k
2024 · €6k
2024: €6k
2024 → 2025
Working capital
€2k▼ 81.7%
2024 · €10k
2024: €10k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€10k-€2k▼ 79.1%
Operating result€8k-€-8k
Net result€6k-€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11k
Fixed assets
€330=
Current assets
€10k▼ 26.9%
Equity and liabilities €11k
Equity
€2k▼ 79.1%
Debt
€8k▲ 98.7%
The debt ratio rises from 29.7% to 80.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
19.9%▼
2024 · 70.3%
Current ratio
1.21▼
2024 · 3.29
Quick ratio
1.10▼
2024 · 3.02
Debt / equity
4.02▲
2024 · 0.42
ROE
-377.9%▼
2024 · 60.3%
ROA
-75.3%▼
2024 · 42.4%
Debt
€8k▲
2024 · €4k
Debt ≤ 1 year
€8k▲
2024 · €4k
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 2024
Balance sheet
Code20242025
Assets
Total assets20/58€14k€11k▼
Fixed assets21/28€330€330=
Financial fixed assets28€330€330=
Current assets29/58€14k€10k▼
Stocks and contracts in progress3€1k€937▼
Stocks30/36€1k€937▼
Amounts receivable within one year40/41€6k€7k▲
Trade receivables40€3k€4k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€6k€1k▼
Deferred charges and accrued income490/1€582€1k▲
Equity and liabilities
Total equity and liabilities10/49€14k€11k▼
Equity10/15€10k€2k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€6k€-2k▼
Amounts payable17/49€4k€8k▲
Amounts payable within one year42/48€4k€8k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Other amounts payable47/48€2k€6k▲
Accrued charges and deferred income492/3-€0
Income statement
Code20242025
Other operating charges640/8€776€769▼
Gross operating margin9900€9k€-7k▼
Operating profit (loss)9901€8k€-8k▼
Financial income75/76B€25-
Recurring financial income75€25-
Financial charges65/66B€24€12▼
Recurring financial charges65€24€12▼
Profit (loss) for the period before taxes9903€8k€-8k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€6k€-8k▼
Profit (loss) for the period to be appropriated9905€6k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-2k▼
Profit (loss) brought forward from the previous period14P-€6k
The notes to these accounts (2 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Enghien · 1 establishment unit since 2023
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.
Grote Plaats(E) 507850 EnghienGround area
239 m²
Building footprint
118 m²
Parcel 55010D0046/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
NJ-INNOVATION
since 20232.356.793.954
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55010D0046/00H000 | Wallonia | 239 m² | 1 · 118 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
1 categoryNJ-INNOVATION SRL43868
Similar companies · same sector, comparable size
LUMAT
BE 1031.069.121
Etterbeek · Eq €2k
TTI Toitures Construct
BE 0803.020.537
Charleroi · Eq €2k
ELEKTRICITEITSWERKEN STEVEN JANSSENS
BE 0829.003.471
Sint-Katelijne-Waver · Eq €2k
L & C Renov
BE 1023.902.405
Grez-Doiceau · Eq €2k
ISMAT
BE 1021.349.127
Watermaal-Bosvoorde · Eq €2k
Of 4,096 companies in sector 43240 we hold annual accounts for 1,631. 302 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2023
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43211General electrical installation work
70200Business and other management consultancy
70220Business consulting
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.nj-innovation.be
E-mail:info@in-innovation.be