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SRJ GROUP

Active
Private limited companyfounded 2023active for 3 yearsSteenweg op Ruisbroek 257, 1620 Drogenbos, BelgiumKBO/BCE: BE 0804.137.027

Financials · financial year 2025, micro format

2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00456118.

Annual accounts 2025 filed on 27-08-2026 at the NBB

Equity
€601
Total assets
€4,353
Net result
-€399
Working capital
-€639

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Equity and liabilities €4,353
Equity €601
Debt €3,752
Debt's share of the balance-sheet total is 86.2%.
Key figures and ratios
2025 value
Debt ≤ 1 year
€3,752
The ratios are withheld because a balance sheet total of €4,353 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 19 lines
Balance sheet Code2025
Assets
Total assets20/58€4,353
Formation expenses20€1,240
Current assets29/58€3,113
Amounts receivable within one year40/41€2,040
Other amounts receivable41€2,040
Cash at bank and in hand54/58€1,074
Equity and liabilities
Total equity and liabilities10/49€4,353
Equity10/15€601
Contributions10/11€1,000
Profit (loss) carried forward14-€399
Amounts payable17/49€3,752
Amounts payable within one year42/48€3,752
Advances received on contracts in progress46€3,752
Income statement Code2025
Gross operating margin9900-€399
Operating profit (loss)9901-€399
Profit (loss) for the period before taxes9903-€399
Profit (loss) for the period9904-€399
Profit (loss) for the period to be appropriated9905-€399
Appropriation of the result
Profit (loss) to be appropriated9906-€399

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

Line2025
Gross operating margin9900-€399
Operating profit (loss)9901-€399
Profit (loss) for the period before taxes9903-€399
Profit (loss) for the period9904-€399
Profit (loss) for the period to be appropriated9905-€399
Line2025
Assets
Total assets20/58€4,353
Formation expenses20€1,240
Current assets29/58€3,113
Amounts receivable within one year40/41€2,040
Other amounts receivable41€2,040
Cash at bank and in hand54/58€1,074
Equity and liabilities
Total equity and liabilities10/49€4,353
Equity10/15€601
Contributions10/11€1,000
Profit (loss) carried forward14-€399
Amounts payable17/49€3,752
Amounts payable within one year42/48€3,752
Advances received on contracts in progress46€3,752
Line2025
Profit (loss) for the period9904-€399
Operating cash flow (approximation)-€399

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 1,271 companies had the same profile as SRJ GROUP has now. Two years later, 4.1% had gone bankrupt and 93.5% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
93.5% was still going

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of SRJ GROUP itself is higher: 6.8% within 12 months. It rests on far more data about SRJ GROUP than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,271 companies, not a prediction for SRJ GROUP. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 27-08-2026 2026-00456118 PDF

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