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OJ CONSTRUCT

Active
Private limited companyfounded 20233 yrs activeRomanstraat 22, 1070 Anderlecht, BelgiumKBO/BCE: BE 0803.850.480
Summary

The computed 12-month bankruptcy probability of OJ CONSTRUCT is 5.1% (elevated). The 2024 annual accounts show equity of €51k and a net result of €37k. Its solvency ranks better than 60% of 36375 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency81▲+24
Growth52
Track record94
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 1.9 against 1.11 in 2023; short-term debt: 44.4% and cash: 3.2% of total assets), and 44.4% 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.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
21 d late
2023
8 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

Financials · fiscal year 2024, micro schema

Equity
€51k▲ 73.9%
2023 · €29k
Total assets
€92k▼ 1.3%
2023 · €93k
Net result
€37k▼ 11.3%
2023 · €41k
Working capital
€37k▲ 425%
2023 · €7k
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
Line20232024
Operating result€51k-€45k▼ 12.3%
Net result€41k-€37k▼ 11.3%
Equity€29k-€51k▲ 73.9%
Total assets€93k-€92k▼ 1.3%
Debt€64k-€41k▼ 36.0%
Working capital€7k-€37k▲ 425%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2023: €51k€51kNet result 2023: €41k€41kOperating result 2024: €45k€45kNet result 2024: €37k€37k20232024€0€20k€40k€60kOperating result 2023: €51k€51kNet result 2023: €41k€41kOperating result 2024: €45k€45kNet result 2024: €37k€37k20232024
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €92k
Fixed assets €14k ▼ 35.6%
Current assets €78k ▲ 9.5%
Equity and liabilities €92k
Equity €51k ▲ 73.9%
Debt €41k ▼ 36.0%
Debt's share of the balance-sheet total falls from 68.5% to 44.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€53k▲
2023 · €53k
Cash flow
€45k▲
2023 · €43k
Current ratio
1.90▲
2023 · 1.11
Debt to equity
0.80▼
2023 · 2.17
ROE
71.8%▼
2023 · 140.7%
ROA
39.9%▼
2023 · 44.4%
Interest coverage
394.66▼
2023 · 1574.35
Debt ≤ 1 year
€41k▼
2023 · €64k
Income taxes
€10k▼
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€93k€92k▼
Fixed assets21/28€22k€14k▼
Tangible fixed assets22/27€22k€14k▼
Furniture and vehicles24€22k€14k▼
Current assets29/58€71k€78k▲
Amounts receivable within one year40/41€31k€72k▲
Trade receivables40€27k€72k▲
Other amounts receivable41€4k-
Cash at bank and in hand54/58€40k€3k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€93k€92k▼
Equity10/15€29k€51k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€26k€48k▲
Amounts payable17/49€64k€41k▼
Amounts payable within one year42/48€64k€41k▼
Trade debts44€36k-
Suppliers440/4€36k-
Taxes, remuneration and social security45€13k€18k▲
Taxes450/3€13k€18k▲
Other amounts payable47/48€15k€23k▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Other operating charges640/8€384€387▲
Gross operating margin9900€53k€53k▲
Operating profit (loss)9901€51k€45k▼
Financial income75/76B€55€2k▲
Recurring financial income75€55€116▲
Non-recurring financial income76B-€2k
Financial charges65/66B€33€134▲
Recurring financial charges65€33€134▲
Profit (loss) for the period before taxes9903€51k€46k▼
Income taxes67/77€10k€10k▼
Profit (loss) for the period9904€41k€37k▼
Profit (loss) for the period to be appropriated9905€41k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€63k▲
Profit (loss) brought forward from the previous period14P-€26k
Profit to be distributed694/7€15k€15k=
Directors or managers695€15k€15k=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲ 426%
Other operating charges640/8€384€387▲ 0.8%
Gross operating margin9900€53k€53k▲ 0.3%
Operating profit (loss)9901€51k€45k▼ 12.3%
Financial income75/76B€55€2k▲ 2,914%
Recurring financial income75€55€116▲ 110%
Non-recurring financial income76B-€2k-
Financial charges65/66B€33€134▲ 300%
Recurring financial charges65€33€134▲ 300%
Profit (loss) for the period before taxes9903€51k€46k▼ 9.4%
Income taxes67/77€10k€10k▼ 1.1%
Profit (loss) for the period9904€41k€37k▼ 11.3%
Profit (loss) for the period to be appropriated9905€41k€37k▼ 11.3%
Line20232024Change
Assets
Total assets20/58€93k€92k▼ 1.3%
Fixed assets21/28€22k€14k▼ 35.6%
Tangible fixed assets22/27€22k€14k▼ 35.6%
Furniture and vehicles24€22k€14k▼ 35.6%
Current assets29/58€71k€78k▲ 9.5%
Amounts receivable within one year40/41€31k€72k▲ 131%
Trade receivables40€27k€72k▲ 166%
Other amounts receivable41€4k--
Cash at bank and in hand54/58€40k€3k▼ 92.6%
Deferred charges and accrued income490/1-€3k-
Equity and liabilities
Total equity and liabilities10/49€93k€92k▼ 1.3%
Equity10/15€29k€51k▲ 73.9%
Contributions10/11€3k€3k=
Profit (loss) carried forward14€26k€48k▲ 82.3%
Amounts payable17/49€64k€41k▼ 36.0%
Amounts payable within one year42/48€64k€41k▼ 36.0%
Trade debts44€36k--
Suppliers440/4€36k--
Taxes, remuneration and social security45€13k€18k▲ 36.2%
Taxes450/3€13k€18k▲ 36.2%
Other amounts payable47/48€15k€23k▲ 54.1%
Line20232024Change
Profit (loss) for the period9904€41k€37k▼ 11.3%
+ Depreciation and write-downs630€2k€8k▲ 426%
Operating cash flow (approximation)€43k€45k▲ 4.2%
Investment in fixed assets (approximation)-€0-
Change in cash-€-37k-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
21-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Anderlecht · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
226 m²
Building footprint
76 m²
Volume, LiDAR
519 m³
Parcel 21302A0029/00C003, Brussels · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OJ CONSTRUCT
Romanstraat 22, 1070 AnderlechtManufacture of electrical equipment
since 20232.347.183.729
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21302A0029/00C003 Brussels 226 m² 1 · 76 m² 10.0 m · 2 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.

Similar companies · same sector, comparable size

Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,589 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
Founded11-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
43212Electrical installation work in industrial facilities
43240Other construction installation
43990Other specialised construction activities
71111Activities of building architects
Contact
E-mail ojconstruct@gmail.com

Scores and ratios are computed by Checked and are not a credit decision.