NJORD
ActiveNJORD has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18k and a net result of €3k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
89
/ 100
Excellent▲ +21 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+15
Solvency62▲+24
Growth52=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.29 in 2023), and 65.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
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 2024Solvency, return and age of the figures
Solvency
34.3%
Return on assets
5.4%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
28 d early
2022
35 d early
2021
24 d early
2020
26 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€18k▲ 18.7%
2023 · €15k
2020: €9k
2021: €20k
2022: €13k
2023: €15k
2020 → 2024
Total assets
€53k▼ 21.4%
2023 · €67k
2020: €27k
2021: €61k
2022: €39k
2023: €67k
2020 → 2024
Net result
€3k▲ 45.6%
2023 · €2k
2020: €6k
2021: €11k
2022: €-6k
2023: €2k
2020 → 2024
Working capital
€12k▼ 20.7%
2023 · €15k
2020: €9k
2021: €20k
2022: €13k
2023: €15k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€9k-€20k▲ 127%€13k▼ 32.8%€15k▲ 14.7%€18k▲ 18.7%
Operating result€8k-€14k▲ 85.3%€-6k€2k€6k▲ 154%
Net result€6k-€11k▲ 94.2%€-6k€2k€3k▲ 45.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 154% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53k
Fixed assets
€6k
Current assets
€47k
Equity and liabilities €53k
Equity
€18k▲ 18.7%
Debt
€35k▼ 33.2%
The debt ratio falls from 77.3% to 65.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€7k
Cash flow
€4k
Solvency
34.3%▲
2023 · 22.7%
Current ratio
1.35▲
2023 · 1.29
Quick ratio
1.28▲
2023 · 1.23
Debt / equity
1.92▼
2023 · 3.40
ROE
15.7%▲
2023 · 12.8%
ROA
5.4%▲
2023 · 2.9%
Interest coverage
7.38
Debt
€35k▼
2023 · €52k
Debt ≤ 1 year
€35k▼
2023 · €52k
Income taxes
€2k▲
2023 · €56
Staff costs
€32k▼
2023 · €44k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€67k€53k▼
Fixed assets21/28-€6k
Tangible fixed assets22/27-€6k
Plant, machinery and equipment23-€6k
Current assets29/58€67k€47k▼
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€27k€16k▼
Trade receivables40€25k€15k▼
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€36k€27k▼
Deferred charges and accrued income490/1€782€1k▲
Equity and liabilities
Total equity and liabilities10/49€67k€53k▼
Equity10/15€15k€18k▲
Contributions10/11€3k€3k=
Reserves13€12k€15k▲
Distributable reserves133€12k€15k▲
Amounts payable17/49€52k€35k▼
Amounts payable within one year42/48€52k€35k▼
Trade debts44€31k€13k▼
Suppliers440/4€31k€13k▼
Taxes, remuneration and social security45€15k€17k▲
Taxes450/3€7k€10k▲
Remuneration and social security454/9€8k€7k▼
Other amounts payable47/48€6k€5k▼
Income statement
Code20232024
Remuneration, social security and pensions62€44k€32k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€798
Other operating charges640/8€959€1k▲
Gross operating margin9900€47k€40k▼
Operating profit (loss)9901€2k€6k▲
Financial income75/76B€31€127▲
Recurring financial income75€31€127▲
Financial charges65/66B€269€881▲
Recurring financial charges65€269€881▲
Profit (loss) for the period before taxes9903€2k€5k▲
Income taxes67/77€56€2k▲
Profit (loss) for the period9904€2k€3k▲
Profit (loss) for the period to be appropriated9905€2k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€3k▲
Transfer to equity691/2€2k€3k▲
To other reserves6921€2k€3k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-6k ▼159%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €11k ▲94.2%
Operating result €14k, net result €11k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Olen · 1 establishment unit since 2020
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.
Lichtaartseweg 1062250 OlenGround area
554 m²
Building footprint
110 m²
Volume, LiDAR
582 m³
Parcel 13029C0071/00F020, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NJORD
since 20202.303.351.706
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029C0071/00F020 | Flanders | 554 m² | 1 · 110 m² | 9.7 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,827 EUR awarded · 1,827 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,827 EUR | 1,827 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteOlen2.303.351.706
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Of 9,807 companies in sector 73110 we hold annual accounts for 3,724. 2,512 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2020
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
46349Wholesale of beverages, general range
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.njord.be
E-mail:info@njord.be