OJF
ActiveSummary
The computed 12-month bankruptcy probability of OJF is 2.0% (moderate). The 2024 annual accounts show equity of €23k and a net result of €3k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 2090 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability49▲+7
Solvency62▲+3
Growth39▼-2
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.5 in 2023; short-term debt: 63.2% and cash: 54.3% of total assets), but 63.2% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
36.8%
Return on assets
4.5%
Age of the figures
21 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 28-07-2025, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
49 d late
2021
5 d late
2020
6 d early
2019
184 d late
2018
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€54k▼ 14.5%
2023 · €63k
2018: €80k
2019: €68k
2020: €55k
2021: €55k
2023: €63k
2018 → 2024
EBIT margin
7.0%▲ 4.4pp
2023 · 2.6%
2018: 15.2%
2019: -2.3%
2020: 1.1%
2021: -25.3%
2023: 2.6%
2018 → 2024
Net result
€3k▼ 27.0%
2023 · €4k
2018: €12k
2019: €-2k
2020: €400
2021: €-14k
2023: €4k
2018 → 2024
Working capital
€23k▲ 13.8%
2023 · €20k
2018: €18k
2019: €17k
2020: €17k
2021: €3k
2023: €20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Turnover€68k-€55k▼ 18.5%€55k▼ 1.1%€63k▲ 16.0%€54k▼ 14.5%
Equity€17k-€17k▲ 2.4%€3k▼ 80.3%€20k▲ 489%€23k▲ 13.8%
Operating result€-2k-€606€-14k€2k€4k▲ 133%
Net result€-2k-€400€-14k€4k€3k▼ 27.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 133% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €61k
Equity
€23k ▲ 13.8%
Debt
€39k ▼ 1.6%
Debt's share of the balance-sheet total falls from 66.5% to 63.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.58▲
2023 · 1.50
Quick ratio
1.58▲
2023 · 1.50
Debt to equity
1.71▼
2023 · 1.98
ROE
12.1%▼
2023 · 18.9%
ROA
4.5%▼
2023 · 6.3%
Debt ≤ 1 year
€39k▼
2023 · €39k
Income taxes
€1k▲
2023 · €-2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€59k€61k▲
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Current assets29/58€59k€61k▲
Amounts receivable after more than one year29€0-
Stocks and contracts in progress3€356€105▼
Stocks30/36€356€105▼
Amounts receivable within one year40/41€28k€28k▼
Trade receivables40€28k€28k▼
Other amounts receivable41-€98
Cash at bank and in hand54/58€31k€33k▲
Equity and liabilities
Total equity and liabilities10/49€59k€61k▲
Equity10/15€20k€23k▲
Contributions10/11€6k€6k=
Capital10€0-
Issued capital100€0-
Uncalled capital101€0-
Outside capital11€6k€6k=
Share premium1100/10€6k€6k=
Reserves13€600€600=
Non-distributable reserves130/1€600€600=
Legal reserve130€0-
Other1319€600€600=
Profit (loss) carried forward14€13k€16k▲
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Amounts payable17/49€39k€39k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€39k€39k▼
Financial debts43€0-
Trade debts44€8k€7k▼
Suppliers440/4€8k€7k▼
Advances received on contracts in progress46€22k€22k=
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€7k€7k=
Income statement
Code20232024
Turnover70€63k€54k▼
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€61k€49k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8-€797
Non-recurring operating charges66A€549€358▼
Gross operating margin9900€2k€5k▲
Operating profit (loss)9901€2k€4k▲
Financial income75/76B€0-
Recurring financial income75€0-
Non-recurring financial income76B€0-
Financial charges65/66B€0€15▲
Recurring financial charges65€0€15▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€2k€4k▲
Income taxes67/77€-2k€1k▲
Profit (loss) for the period9904€4k€3k▼
Profit (loss) for the period to be appropriated9905€4k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€16k▲
Profit (loss) brought forward from the previous period14P€9k€13k▲
Transfer to equity691/2€0-
Profit to be distributed694/7€0-
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Weakest financial yearnet €-14k ▼3538%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 184 days late
2020
31-12
Financial
Back to profitnet €400
Net result €400 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 13.39
Current ratio from 3.95 to 13.39; short-term debt falls from €6k to €1k.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2017
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.
De Wandstraat 1111020 BrusselGround area
303 m²
Building footprint
122 m²
Volume, LiDAR
624 m³
Parcel 21818E0218/00R002, Brussels · tallest building 11.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Jerroudi Omar
since 20172.275.048.688
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818E0218/00R002 | Brussels | 303 m² | 1 · 122 m² | 11.8 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.275.048.688
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Of 511 companies in sector 10711 we hold annual accounts for 329. 170 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
10711Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.