AJC
ActiveSummary
AJC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-140k) and a net result of €17k. Equity is shrinking by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-3
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.09 in 2023; short-term debt: 118.3% and cash: 0.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
-37.8%
Return on assets
4.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 37953 sector peers (2024).
NBB · sector comparisonPosition among 37953 sector peers
Solvency
better than 5%
← weakest
strongest →
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 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
29 d late
2022
31 d late
2021
12 d late
2020
61 d late
2019
112 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-140k▲ 11.0%
2023 · €-157k
2018: €55khighest in 7 years
2019: €-86k▼ -256% vs 2018
2020: €-128k▼ -48.5% vs 2019
2021: €-173k▼ -34.6% vs 2020
2022: €-188k▼ -8.8% vs 2021lowest in 7 years
2023: €-157k▲ +16.5% vs 2022
2024: €-140k▲ +11.0% vs 2023
2018 → 2024
Total assets
€369k▼ 14.4%
2023 · €431k
2018: €557khighest in 7 years
2019: €497k▼ -10.7% vs 2018
2020: €461k▼ -7.3% vs 2019
2021: €447k▼ -3.1% vs 2020
2022: €415k▼ -7.1% vs 2021
2023: €431k▲ +4.0% vs 2022
2024: €369k▼ -14.4% vs 2023lowest in 7 years
2018 → 2024
Net result
€17k▼ 44.7%
2023 · €31k
2018: €-126k
2019: €-142k▼ -13.0% vs 2018lowest in 7 years
2020: €-42k▲ +70.5% vs 2019
2021: €-44k▼ -5.8% vs 2020
2022: €-15k▲ +65.7% vs 2021
2023: €31k▲ +305% vs 2022highest in 7 years
2024: €17k▼ -44.7% vs 2023
2018 → 2024
Working capital
€-434k▼ 4.7%
2023 · €-415k
2018: €-25khighest in 7 years
2019: €-204k▼ -716% vs 2018
2020: €-278k▼ -36.1% vs 2019
2021: €-357k▼ -28.4% vs 2020
2022: €-408k▼ -14.1% vs 2021
2023: €-415k▼ -1.8% vs 2022
2024: €-434k▼ -4.7% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-128k-€-173k▼ 34.6%€-188k▼ 8.8%€-157k▲ 16.5%€-140k▲ 11.0%
2020: €-128khighest in 5 years
2021: €-173k▼ -34.6% vs 2020
2022: €-188k▼ -8.8% vs 2021lowest in 5 years
2023: €-157k▲ +16.5% vs 2022
2024: €-140k▲ +11.0% vs 2023
Operating result€-36k-€-39k▼ 9.3%€-11k▲ 72.7%€35k€21k▼ 40.9%
2020: €-36k
2021: €-39k▼ -9.3% vs 2020lowest in 5 years
2022: €-11k▲ +72.7% vs 2021
2023: €35k▲ +427% vs 2022highest in 5 years
2024: €21k▼ -40.9% vs 2023
Net result€-42k-€-44k▼ 5.8%€-15k▲ 65.7%€31k€17k▼ 44.7%
2020: €-42k
2021: €-44k▼ -5.8% vs 2020lowest in 5 years
2022: €-15k▲ +65.7% vs 2021
2023: €31k▲ +305% vs 2022highest in 5 years
2024: €17k▼ -44.7% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €369k
Fixed assets
€367k ▼ 6.1%
Current assets
€2k ▼ 93.9%
Key figures and ratios
EBITDA
€44k▼
2023 · €58k
Cash flow
€41k▼
2023 · €54k
Solvency
-37.8%▼
2023 · -36.3%
Current ratio
0.01▼
2023 · 0.09
Debt to equity
-3.65▲
2023 · -3.75
ROA
4.6%▼
2023 · 7.2%
Interest coverage
13.07▼
2023 · 15.52
Debt
€509k▼
2023 · €588k
Debt ≤ 1 year
€437k▼
2023 · €455k
Debt > 1 year
€72k▼
2023 · €133k
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 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€431k€369k▼
Fixed assets21/28€391k€367k▼
Tangible fixed assets22/27€391k€367k▼
Land and buildings22€377k€355k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€8k€8k=
Financial fixed assets28€140-
Current assets29/58€41k€2k▼
Amounts receivable within one year40/41€40k€572▼
Trade receivables40€38k-
Other amounts receivable41€2k€572▼
Cash at bank and in hand54/58€638€932▲
Deferred charges and accrued income490/1-€971
Equity and liabilities
Total equity and liabilities10/49€431k€369k▼
Equity10/15€-157k€-140k▲
Contributions10/11€6k€6k=
Reserves13€30k€30k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-193k€-176k▲
Amounts payable17/49€588k€509k▼
Amounts payable after more than one year17€133k€72k▼
Financial debts170/4€133k€72k▼
Amounts payable within one year42/48€455k€437k▼
Current portion of amounts payable after more than one year42€65k€66k▲
Financial debts43€58€62▲
Other loans439€58€62▲
Trade debts44€2k€968▼
Suppliers440/4€2k€968▼
Other amounts payable47/48€388k€370k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Other operating charges640/8€397€396▼
Gross operating margin9900€59k€45k▼
Operating profit (loss)9901€35k€21k▼
Financial income75/76B€29-
Recurring financial income75€29-
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€31k€17k▼
Profit (loss) for the period9904€31k€17k▼
Profit (loss) for the period to be appropriated9905€31k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-193k€-176k▲
Profit (loss) brought forward from the previous period14P€-224k€-193k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €25k | €24k | €23k | €24k | ▲ 1.7% |
| Other operating charges640/8 | - | €375 | €361 | €397 | €396 | ▼ 0.4% |
| Gross operating margin9900 | €-10k | €-14k | €13k | €59k | €45k | ▼ 23.6% |
| Operating profit (loss)9901 | €-36k | €-39k | €-11k | €35k | €21k | ▼ 40.9% |
| Financial income75/76B | - | - | - | €29 | - | - |
| Recurring financial income75 | - | - | - | €29 | - | - |
| Financial charges65/66B | - | €5k | €5k | €4k | €3k | ▼ 9.5% |
| Recurring financial charges65 | €6k | €5k | €5k | €4k | €3k | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €-42k | €-44k | €-15k | €31k | €17k | ▼ 44.7% |
| Profit (loss) for the period9904 | €-42k | €-44k | €-15k | €31k | €17k | ▼ 44.7% |
| Profit (loss) for the period to be appropriated9905 | €-42k | €-44k | €-15k | €31k | €17k | ▼ 44.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €461k | €447k | €415k | €431k | €369k | ▼ 14.4% |
| Fixed assets21/28 | €459k | €436k | €412k | €391k | €367k | ▼ 6.1% |
| Tangible fixed assets22/27 | €459k | €436k | €412k | €391k | €367k | ▼ 6.1% |
| Land and buildings22 | - | €422k | €400k | €377k | €355k | ▼ 5.9% |
| Plant, machinery and equipment23 | - | €3k | €2k | €2k | €1k | ▼ 25.0% |
| Furniture and vehicles24 | - | €3k | €2k | €3k | €2k | ▼ 33.9% |
| Other tangible fixed assets26 | - | €8k | €8k | €8k | €8k | = |
| Financial fixed assets28 | €140 | €140 | €140 | €140 | - | - |
| Current assets29/58 | €1k | €11k | €3k | €41k | €2k | ▼ 93.9% |
| Amounts receivable within one year40/41 | €1k | €9k | €2k | €40k | €572 | ▼ 98.6% |
| Trade receivables40 | - | €7k | - | €38k | - | - |
| Other amounts receivable41 | - | €2k | €2k | €2k | €572 | ▼ 67.6% |
| Cash at bank and in hand54/58 | €237 | €2k | €989 | €638 | €932 | ▲ 46.1% |
| Deferred charges and accrued income490/1 | - | €448 | - | - | €971 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €461k | €447k | €415k | €431k | €369k | ▼ 14.4% |
| Equity10/15 | €-128k | €-173k | €-188k | €-157k | €-140k | ▲ 11.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €30k | €30k | €30k | €30k | €30k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €28k | €28k | €28k | €28k | = |
| Profit (loss) carried forward14 | €-165k | €-209k | €-224k | €-193k | €-176k | ▲ 8.9% |
| Amounts payable17/49 | €589k | €619k | €603k | €588k | €509k | ▼ 13.5% |
| Amounts payable after more than one year17 | €309k | €251k | €192k | €133k | €72k | ▼ 45.7% |
| Financial debts170/4 | - | €251k | €192k | €133k | €72k | ▼ 45.7% |
| Amounts payable within one year42/48 | €279k | €368k | €410k | €455k | €437k | ▼ 4.1% |
| Current portion of amounts payable after more than one year42 | - | €58k | €59k | €65k | €66k | ▲ 1.5% |
| Financial debts43 | - | €51 | €1k | €58 | €62 | ▲ 6.0% |
| Other loans439 | - | €51 | €1k | €58 | €62 | ▲ 6.0% |
| Trade debts44 | €2k | €2k | €1k | €2k | €968 | ▼ 55.6% |
| Suppliers440/4 | - | €2k | €1k | €2k | €968 | ▼ 55.6% |
| Other amounts payable47/48 | - | €308k | €349k | €388k | €370k | ▼ 4.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-42k | €-44k | €-15k | €31k | €17k | ▼ 44.7% |
| + Depreciation and write-downs630 | €25k | €25k | €24k | €23k | €24k | ▲ 1.7% |
| Operating cash flow (approximation) | €-17k | €-20k | €8k | €54k | €41k | ▼ 24.8% |
| Investment in fixed assets (approximation) | - | €-899 | €0 | €-2k | €140 | ▲ 107% |
| Change in cash | - | €1k | €-735 | €-352 | €294 | ▲ 184% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €31k
Net result €31k after 5 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
31-12
Financial
Weakest financial yearnet €-142k
Net result drops to €-142k, the lowest in the series; recovery starts the following year.
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Ukkel · 1 establishment unit since 2010
Ground area
4,082 m²
Building footprint
344 m²
Volume, LiDAR
3,366 m³
Parcel 21612C0286/00B017, Brussels · tallest building 16.7 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
AJC
since 20102.186.984.566
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0286/00B017 | Brussels | 4,082 m² | 1 · 344 m² | 16.7 m · 3 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
SIX PATHS CONSULTING
BE 0832.833.189
Elsene · Eq €55,499
Unlock Consulting
BE 0668.388.101
Anderlecht · Eq €55,499
INFLOWENCE
BE 0762.669.428
Aalst · Eq €55,497
Square Egg Communications
BE 0717.940.451
Lochristi · Eq €55,500
BitVisors
BE 0720.558.956
Herentals · Eq €55,506
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,605 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 (pre-2019)
Founded02-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71112Activities of interior architects
Scores and ratios are computed by Checked and are not a credit decision.