NJD
ActiveSummary
NJD has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €64k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 39% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+5
Solvency41▼-5
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 3.47 in 2024; short-term debt: 28.2% and cash: 30.5% of total assets), but 83.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.4%
Return on assets
15.1%
Age of the figures
9 mo
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 03-06-2026, 58 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
58 d early
2024
92 d early
2023
86 d early
2022
61 d early
2021
130 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€69k▼ 16.7%
2024 · €83k
Total assets
€423k▲ 6.9%
2024 · €396k
Net result
€64k▲ 45.3%
2024 · €44k
Working capital
€118k▼ 19.4%
2024 · €147k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€47k-€53k▲ 13.4%€58k▲ 8.9%€69k▲ 18.9%€90k▲ 30.3%
Net result€33k-€36k▲ 8.4%€37k▲ 4.6%€44k▲ 17.7%€64k▲ 45.3%
Equity€35k-€69k▲ 97.0%€106k▲ 53.9%€83k▼ 22.0%€69k▼ 16.7%
Total assets€90k-€466k▲ 419%€421k▼ 9.7%€396k▼ 6.0%€423k▲ 6.9%
Debt€55k-€397k▲ 626%€314k▼ 20.8%€313k▼ 0.6%€354k▲ 13.2%
Working capital€25k-€-63k€170k€147k▼ 13.7%€118k▼ 19.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 30% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €423k
Fixed assets
€185k ▼ 2.2%
Current assets
€238k ▲ 15.2%
Equity and liabilities €423k
Equity
€69k ▼ 16.7%
Debt
€354k ▲ 13.2%
Debt's share of the balance-sheet total rises from 79.0% to 83.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€94k▲
2024 · €77k
Cash flow
€68k▲
2024 · €52k
Current ratio
1.99▼
2024 · 3.47
Debt to equity
5.11▲
2024 · 3.76
ROE
92.2%▲
2024 · 52.9%
ROA
15.1%▲
2024 · 11.1%
Interest coverage
8.56▲
2024 · 7.04
Debt ≤ 1 year
€119k▲
2024 · €59k
Debt > 1 year
€234k▼
2024 · €253k
Income taxes
€18k▲
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €8k | €12k | €8k | €4k | ▼ 50.4% |
| Other operating charges640/8 | - | €31k | €1k | €2k | €2k | ▲ 12.9% |
| Non-recurring operating charges66A | - | - | €23k | €7k | €0 | ▼ 100% |
| Gross operating margin9900 | €52k | €93k | €94k | €86k | €96k | ▲ 12.2% |
| Operating profit (loss)9901 | €47k | €53k | €58k | €69k | €90k | ▲ 30.3% |
| Financial income75/76B | - | - | €490 | €869 | €4k | ▲ 314% |
| Recurring financial income75 | - | - | €490 | €869 | €4k | ▲ 314% |
| Financial charges65/66B | - | €920 | €8k | €11k | €11k | ▲ 0.2% |
| Recurring financial charges65 | €725 | €920 | €8k | €11k | €11k | ▲ 0.2% |
| Profit (loss) for the period before taxes9903 | €46k | €52k | €50k | €59k | €82k | ▲ 40.1% |
| Income taxes67/77 | €13k | €17k | €13k | €15k | €18k | ▲ 24.7% |
| Profit (loss) for the period9904 | €33k | €36k | €37k | €44k | €64k | ▲ 45.3% |
| Profit (loss) for the period to be appropriated9905 | €33k | €36k | €37k | €44k | €64k | ▲ 45.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90k | €466k | €421k | €396k | €423k | ▲ 6.9% |
| Fixed assets21/28 | €37k | €249k | €214k | €189k | €185k | ▼ 2.2% |
| Tangible fixed assets22/27 | €37k | €249k | €214k | €189k | €185k | ▼ 2.2% |
| Land and buildings22 | - | €162k | €138k | €136k | €135k | ▼ 0.9% |
| Furniture and vehicles24 | - | €29k | €21k | €0 | - | - |
| Other tangible fixed assets26 | - | €58k | €56k | €53k | €50k | ▼ 5.5% |
| Current assets29/58 | €53k | €217k | €207k | €206k | €238k | ▲ 15.2% |
| Amounts receivable within one year40/41 | - | €23k | €50k | €27k | €2k | ▼ 91.4% |
| Trade receivables40 | - | €13k | €24k | €21k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €10k | €26k | €5k | €2k | ▼ 57.4% |
| Current investments50/53 | - | - | - | €133k | €101k | ▼ 24.0% |
| Cash at bank and in hand54/58 | €49k | €193k | €155k | €43k | €129k | ▲ 204% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €4k | €5k | ▲ 32.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90k | €466k | €421k | €396k | €423k | ▲ 6.9% |
| Equity10/15 | €35k | €69k | €106k | €83k | €69k | ▼ 16.7% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Reserves13 | €32k | €66k | €103k | €80k | €66k | ▼ 17.4% |
| Distributable reserves133 | - | €66k | €103k | €80k | €66k | ▼ 17.4% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €55k | €397k | €314k | €313k | €354k | ▲ 13.2% |
| Amounts payable after more than one year17 | €27k | €117k | €278k | €253k | €234k | ▼ 7.3% |
| Financial debts170/4 | - | €117k | €278k | €253k | €234k | ▼ 7.3% |
| Amounts payable within one year42/48 | €28k | €280k | €37k | €59k | €119k | ▲ 101% |
| Current portion of amounts payable after more than one year42 | - | €10k | €27k | €18k | €18k | ▲ 4.2% |
| Trade debts44 | €2k | €39k | €5k | €1k | €5k | ▲ 272% |
| Suppliers440/4 | - | €39k | €5k | €1k | €5k | ▲ 272% |
| Taxes, remuneration and social security45 | - | €4k | €4k | €5k | €15k | ▲ 214% |
| Taxes450/3 | - | €4k | €4k | €5k | €15k | ▲ 214% |
| Other amounts payable47/48 | - | €227k | €0 | €36k | €81k | ▲ 128% |
| Accrued charges and deferred income492/3 | - | - | €174 | €207 | €85 | ▼ 59.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €36k | €37k | €44k | €64k | ▲ 45.3% |
| + Depreciation and write-downs630 | €4k | €8k | €12k | €8k | €4k | ▼ 50.4% |
| Operating cash flow (approximation) | €37k | €44k | €49k | €52k | €68k | ▲ 30.2% |
| Investment in fixed assets (approximation) | - | €-220k | €23k | €17k | €0 | ▼ 100% |
| Change in cash | - | €144k | €-38k | €-112k | €87k | ▲ 177% |
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
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €64k ▲45.3%
Operating result €90k, net result €64k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 7current ratio 5.64
Current ratio from 0.78 to 5.64; short-term debt falls from €280k to €37k.
31-12
Financial
Equity above €100kEq €106k ▲53.9%
3 profitable years in a row build equity to €106k.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Izegem · 1 establishment unit since 2021
Ground area
717 m²
Building footprint
204 m²
Volume, LiDAR
671 m³
Parcel 36493B0964/00W000, Flanders · tallest building 10.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NJD
since 20212.318.506.767
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36493B0964/00W000 | Flanders | 716 m² | 1 · 204 m² | 10.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
Legal Entity Identifier
699400HLVWH43PP1HE58
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 5,198 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
Founded21-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.