Equity
€69,175 ▼ 16.7%
NJD paid out €76,114 in dividends. That is 119% of the 2025 profit.
NJD
Lifetime
5 annual accounts with figures on one time axispeak €96,058 (2025)
€96,058▲ 12.2%
peak €63,802 (2025)
€63,802▲ 45.3%
peak €106,468 (2023)
€69,175▼ 16.7%
€353,796▲ 13.2%
Board1 name since 2021
1 directorNUYTTENS Jurgen Roger Raïse
Documentsfilings and deeds
03-06-202658 days before the deadline
2025micro format
Gross margin from €85,613 to €96,058Result from €43,911 to €63,802Dividend €76,114Equity from €83,086 to €69,175Cash from €42,520 to €129,175
Key points
from the 2025 annual accountsTurnover
≈ €250,000 estimated
The micro format states no turnover.
Debts
€353,796 84% of the balance sheet
Financial debts 66%Suppliers 1%Taxes and wages 4%Other 28%
Of this, €119,250 falls due within a year.
Liquidity
1.99 was 3.47 in 2024
Short-term debts rose from €59,378 to €119,250.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 58 to 130 days before the end of the period.
Position in the sector
€63,802
Higher net result than 85% of companies in real estate. Sector median €5,986 · 17,185 companies.
Checked score
95
Excellent
Financially stronger than 57% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026highest value
07-2026: 0.1%▼ -0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 1.99, cash €129,175
Size: total assets €422,971
Figures for financial year 2025 (filed on 05-06-2026)
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 68, micro). It does better than 37% of them on solvency, 84% on liquidity, 84% on profitability and 23% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as NJD has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NJD itself is lower: 0.1% within 12 months. It rests on far more data about NJD than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for NJD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.99 (3.47 in 2024), above the usual 1.5. Short-term debt is 28.2% and cash 30.5% of total assets. However, 83.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 days early
2024
92 days early
2023
86 days early
2022
61 days early
2021
130 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 85 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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. The company usually files around 7 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0769914140
First establishment
Hooghoutstraat 27, Izegem
Incorporation
Founding capital of €3,000, 100 shares · Founder: NUYTTENS Jurgen Roger Raïse (enige aandeelhouder) · Appointment: NUYTTENS Jurgen Roger Raïse (director) · published on 23-06-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NJD Izegem | €422,971 | €96,058 | 16.4% | - |
| TAKK TEAM Kortemark | €435,212 | €100,956 | 69.9% | - |
| DC BUILDING CONSTRUCTION Zedelgem | €353,454 | €90,656 | 87.8% | - |
| Vanbecelaere Johan Projects Wingene | €513,601 | €111,492 | 9.1% | - |
| BLANCKAERT PROJECTS Zonnebeke | €522,628 | €114,915 | 65.6% | 0 |
| NINI CONSTRUCT Knokke-Heist | €430,881 | €99,499 | 47.6% | - |
| ALBOUW BBK Knokke-Heist | €365,172 | €99,299 | 24.5% | - |
These companies have the same main activity as NJD: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €353,000 and €523,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 21-06-2021Normal situation
- Activity
- Development of residential building projectsNACE 68121and 2 others
- Establishment unit
- 2.318.506.7678870 Izegem, since 25-06-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 07-07-2025
Annual accounts 2025
- €422,971▲ 6.9%
- Filing
- Filed on 03-06-2026, 58 days before the end of the filing period
Insights on NJD
NJD files the micro format. That format states no turnover. The gross margin rose from €51,674 in 2021 to €96,058 in 2025.
The balance sheet grew most in 2022 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NJD
- What is the company number of NJD?
- The company number of NJD is 0769.914.140. The VAT number is the same number with BE in front: BE 0769.914.140.
- Where is NJD based?
- The registered office is at Hooghoutstraat 27, 8870 Izegem.Company details
- What does NJD do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of NJD?
- NJD is a private limited company (BV).
- When was NJD founded?
- NJD was founded on 21-06-2021.
- Is NJD still active?
- Yes, NJD is an active enterprise in the KBO register.
- What is the turnover of NJD?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €96,058 and 48 comparable companies (NACE 681). It probably lies between €130,000 and €590,000.Financials
- Is NJD profitable?
- In financial year 2025, NJD made a profit of €63,802.
- Where can I find the annual accounts of NJD?
- NJD filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NJD due?
- NJD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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