NJ SOLUTION
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of NJ SOLUTION is 1.6% (moderate). The 2025 annual accounts show equity of €23,619 and a net result of €10,795. Equity is growing by about 54% per year across the filed financial years. Its solvency ranks better than 28% of 9,865 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 07-09-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Résidence Lourtie(AYE) 2, 4630 Soumagne
- Activity
- General electrical installation work NACE 43211
- Establishment unit
- 2.344.669.647 4630 Soumagne, since 07-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Who decides
- DE MARIA Nicolas Guy Salvatore PatrickDirector · since 07-09-2022
- RIGA Julien Andrija GeorgesDirector · since 07-09-2022
How it is doing
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €28,490
- ▲ 150%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €10,795
- ▲ 265%
- Equity
- €23,619
- ▲ 84.2%
- Total assets
- €90,367
- ▲ 169%
Why 56raises riskFounded in 2022Size: total assets €90,367Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 24-07-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 28% on solvency, 25% on liquidity, 66% on profitability and 89% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 27 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 24-07-2026
- Format
- abbreviated format
- Reference
- 2026-00337397
2023 to 2025, 3 financial years
The operating result recovers in 2025; 2025 is over 3 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,353 | €5,680 | €9,425 | ▲ 65.9% |
| Other operating charges640/8 | €873 | - | €1,782 | - |
| Gross operating margin9900 | €14,176 | €11,381 | €28,490 | ▲ 150% |
| Operating profit (loss)9901 | €9,950 | €5,701 | €17,283 | ▲ 203% |
| Financial income75/76B | - | €0 | €323 | ▲ 1,075× |
| Recurring financial income75 | - | €0 | €323 | ▲ 1,075× |
| Financial charges65/66B | €710 | €1,372 | €2,509 | ▲ 82.9% |
| Recurring financial charges65 | €710 | €1,372 | €2,509 | ▲ 82.9% |
| Profit (loss) for the period before taxes9903 | €9,241 | €4,329 | €15,097 | ▲ 249% |
| Income taxes67/77 | €1,874 | €1,369 | €4,302 | ▲ 214% |
| Profit (loss) for the period9904 | €7,366 | €2,960 | €10,795 | ▲ 265% |
| Profit (loss) for the period to be appropriated9905 | €7,366 | €2,960 | €10,795 | ▲ 265% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €29,818 | €33,582 | €90,367 | ▲ 169% |
| Fixed assets21/28 | €12,324 | €7,144 | €30,081 | ▲ 321% |
| Tangible fixed assets22/27 | €12,324 | €7,144 | €30,081 | ▲ 321% |
| Plant, machinery and equipment23 | €635 | €272 | - | - |
| Furniture and vehicles24 | €11,688 | €6,872 | €30,081 | ▲ 338% |
| Current assets29/58 | €17,495 | €26,438 | €60,286 | ▲ 128% |
| Stocks and contracts in progress3 | €3,030 | €8,494 | €12,810 | ▲ 50.8% |
| Stocks30/36 | €1,130 | €3,494 | €3,810 | ▲ 9.0% |
| Contracts in progress37 | €1,900 | €5,000 | €9,000 | ▲ 80.0% |
| Amounts receivable within one year40/41 | €7,039 | €12,644 | €39,502 | ▲ 212% |
| Trade receivables40 | €4,365 | €11,363 | €32,569 | ▲ 187% |
| Other amounts receivable41 | €2,674 | €1,281 | €6,933 | ▲ 441% |
| Cash at bank and in hand54/58 | €7,425 | €5,299 | €7,974 | ▲ 50.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €29,818 | €33,582 | €90,367 | ▲ 169% |
| Equity10/15 | €9,864 | €12,824 | €23,619 | ▲ 84.2% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €7,864 | €10,824 | €21,619 | ▲ 99.7% |
| Amounts payable17/49 | €19,954 | €20,758 | €66,748 | ▲ 222% |
| Amounts payable after more than one year17 | €5,732 | - | €21,900 | - |
| Financial debts170/4 | €5,732 | - | €21,900 | - |
| Amounts payable within one year42/48 | €14,222 | €20,758 | €44,848 | ▲ 116% |
| Current portion of amounts payable after more than one year42 | €6,608 | €5,732 | €6,597 | ▲ 15.1% |
| Trade debts44 | €5,740 | €5,447 | €21,827 | ▲ 301% |
| Suppliers440/4 | €5,740 | €5,447 | €21,827 | ▲ 301% |
| Taxes, remuneration and social security45 | €1,874 | €3,010 | €7,238 | ▲ 140% |
| Taxes450/3 | €1,874 | €3,010 | €7,238 | ▲ 140% |
| Other amounts payable47/48 | - | €6,568 | €9,185 | ▲ 39.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,366 | €2,960 | €10,795 | ▲ 265% |
| + Depreciation and write-downs630 | €3,353 | €5,680 | €9,425 | ▲ 65.9% |
| Operating cash flow (approximation) | €10,719 | €8,640 | €20,219 | ▲ 134% |
| Investment in fixed assets (approximation) | - | -€500 | -€32,362 | ▼ 6,372% |
| Change in cash | - | -€2,126 | €2,675 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE MARIA Nicolas Guy Salvatore Patrick |
|
| RIGA Julien Andrija Georges |
|
How the board is organised
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Également entre toutes les actions, paiement dettes”
Articles of association, deed of 09-09-2022 (in French)
Owners and capital
Capital and shareholders
- RIGA Julien Andrija Georges 100 shares (50%) · €1,000 in cash
- DE MARIA Nicolas Guy Salvatore Patrick 100 shares (50%) · €1,000 in cash
- 09-09-2022 Incorporation · €2,000 · 200 shares
Shares according to the articles of association
Capital, shares and profit
- Share issue ruleHow and by whom new shares can be issued.
- “Émission d’actions à souscrire en numéraire,d’obligations convertibles ou de droits de souscription, conditions d’émission déterminent si…”
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 09-09-2022 (in French)
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-09
Gazette deed
IncorporationAppointments: DE MARIA Nicolas Guy Salvatore Patrick (director) and RIGA Julien Andrija Georges (director) · Founder · Founding capital11 facts ▸
- Founder, RIGA Julien Andrija Georges (comparant)
- Founder, DE MARIA Nicolas Guy Salvatore Patrick (comparant)
- Incorporation, “4630 Soumagne,Résidence Lourtie 2, info@nj-solution.be” (deed in French)
- Founding capital, €2,000
- Capital
- General meeting, “unanimité” (deed in French)
- Pre-incorporation commitments, “takeover, engagements contractés au nom de la société” (deed in French)
- Board rule, 2
- Director appointment, DE MARIA Nicolas Guy Salvatore Patrick (director)
- Director appointment, RIGA Julien Andrija Georges (director)
- Board meeting, “délégué à la gestion journalière, administrateur-délégué” (deed in French) (2 times)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0790.565.440
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’entreprise d’installations électriques et électrotechniques,électroniques,dispositifs d’économie d’énergie,tout système de domotique; Le…”
3 activities
- L’entreprise d’installations électriques et électrotechniques,électroniques,dispositifs d’économie d’énergie,tout système de domotique
- Le négoce en gros ou au détail de tous matériaux de construction,appareils électriques ou électroniques et d’outillages
- La gestion au sens le plus large du terme,l’amélioration,la mise en valeur et l’administration du patrimoine immobilier ou mobilier dont elle est propriétaire ou dont elle fera ultérieurement l’acquisition par toute voie
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NJ SOLUTION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, peut établir par simple décision de l’organe d’administration des sièges administratifs,d’exploitation,agences et…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Wednesday of May at 18:00
Articles of association, deed of 09-09-2022 (in French)
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62008A0171/00N002 | Wallonia | 615 m² | 1 · 130 m² | 4.4 m · 1 |