NJM Concept

Active

Private limited companyfounded 20251 yr activeRue Bon Air 2, 1470 Genappe, BelgiumKBO/BCE: BE 1022.854.607

Summary

The computed 12-month bankruptcy probability of NJM Concept is 2.1% (moderate). The 2025 annual accounts show equity of €2,172 and a net result of -€3,828. Its solvency ranks better than 24% of 1775 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

NJM ConceptActiveChecked score 53/100

Risk analysis Report Compare

Activity

Rental and leasing activities

NACE 77392

1 site

Size

€160,370total assets 2025

Equity: €2,172
Loss: -€3,828

Turnover not published (abridged schema)

Financial health

53 Fair Checked score 2025

Bankruptcy chance 12 m: 2.1%

Structure

Board: 1 member

Accounts filed 54 d late2 of 3 deeds read

Why 53- Founded in 2025- Latest accounts 54 days late; 1 of the last 3 late- Equity €2,172 (1.4% of total assets)+ Liquidity: current ratio 0.58, cash €27,844Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 31% of its sector peers (NACE 77, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Weak

Solvency 26

equity 1.4% of total assets

Liquidity 47

short-term debt 49.8% · cash 17.4%

Profitability 32

return on assets -2.4%

Bankruptcy probability, 12 months

2.1% Moderate

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.5% (3,159 companies)

Last 24 months 05-2026: 1.6%lowest value 06-2026: 1.6%● 0.0% vs 05-2026lowest value 07-2026: 1.7%▲ +2.7% vs 06-2026 08-2026: 2.0%▲ +19.6% vs 07-2026 09-2026: 2.1%▲ +5.3% vs 08-2026highest value 10-2026: 2.1%▼ -1.6% vs 09-2026

Founded in 2025 raises the probability for this profile
Latest accounts 54 days late; 1 of the last 3 late raises the probability
Equity €2,172 (1.4% of total assets) raises the probability
Liquidity: current ratio 0.58, cash €27,844 lowers the probability

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 77, micro). Better than this share of them on solvency 21%, liquidity 50%, profitability 23%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Founded in 2025

In the bankruptcy model this factor raises the probability for this profile.

KBO

Latest accounts 54 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Equity €2,172 (1.4% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Liquidity: current ratio 0.58, cash €27,844

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1775 sector peers (2025).

NBB · sector comparison

Position among 1775 sector peers

Solvency

better than 24%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2025

54 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

23-09-26 Annual accounts filedfiscal year 2025 · micro…
27-07-26 Resignation: Nathan Gubin (director)State Gazette act
25-02-26 Appointment: DOUXCHAMPS Maxime (administrateur non statutaire)Statutes amendment

Key points

Caution: Board changedlatest change 10-06-2026 · 1 in office 1 joined · 1 left View
Founded 17 months agofounded 29-04-2025 17 mo View
Total assets 2025first fiscal year filed €160,370 View