AJProject
ActiveSummary
The computed 12-month bankruptcy probability of AJProject is 4.3% (elevated). The 2024 annual accounts show equity of €43k and a net result of €1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 75% of 18936 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-29
Solvency83▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.14 against 3.12 in 2023; short-term debt: 41.6% and cash: 5.3% of total assets), and 41.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
58.4%
Return on assets
1.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
2022
31 d early
2021
31 d late
2020
374 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€43k▲ 3.0%
2023 · €42k
2020: €7k
2021: €5k▼ -39.4% vs 2020
2022: €-4k▼ -185% vs 2021lowest in 5 years
2023: €42k▲ +1190% vs 2022
2024: €43k▲ +3.0% vs 2023highest in 5 years
2020 → 2024
Total assets
€74k▲ 20.7%
2023 · €61k
2020: €17k
2021: €15k▼ -15.6% vs 2020
2022: €13k▼ -12.2% vs 2021lowest in 5 years
2023: €61k▲ +379% vs 2022
2024: €74k▲ +20.7% vs 2023highest in 5 years
2020 → 2024
Net result
€1k▼ 97.3%
2023 · €46k
2020: €-3k
2021: €-3k▼ -16.4% vs 2020
2022: €-8k▼ -185% vs 2021lowest in 5 years
2023: €46k▲ +647% vs 2022highest in 5 years
2024: €1k▼ -97.3% vs 2023
2020 → 2024
Working capital
€4k▼ 89.7%
2023 · €41k
2020: €7k
2021: €4k▼ -40.3% vs 2020
2022: €-7k▼ -251% vs 2021lowest in 5 years
2023: €41k▲ +722% vs 2022highest in 5 years
2024: €4k▼ -89.7% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€5k▼ 39.4%€-4k€42k€43k▲ 3.0%
2020: €7k
2021: €5k▼ -39.4% vs 2020
2022: €-4k▼ -185% vs 2021lowest in 5 years
2023: €42k▲ +1190% vs 2022
2024: €43k▲ +3.0% vs 2023highest in 5 years
Operating result€-2k-€-3k▼ 36.8%€-8k▼ 172%€56k€2k▼ 95.8%
2020: €-2k
2021: €-3k▼ -36.8% vs 2020
2022: €-8k▼ -172% vs 2021lowest in 5 years
2023: €56k▲ +781% vs 2022highest in 5 years
2024: €2k▼ -95.8% vs 2023
Net result€-3k-€-3k▼ 16.4%€-8k▼ 185%€46k€1k▼ 97.3%
2020: €-3k
2021: €-3k▼ -16.4% vs 2020
2022: €-8k▼ -185% vs 2021lowest in 5 years
2023: €46k▲ +647% vs 2022highest in 5 years
2024: €1k▼ -97.3% 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 96% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74k
Fixed assets
€39k ▲ 3,757%
Current assets
€35k ▼ 42.0%
Equity and liabilities €74k
Equity
€43k ▲ 3.0%
Debt
€31k ▲ 58.9%
Debt's share of the balance-sheet total rises from 31.6% to 41.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▼
2023 · €56k
Cash flow
€2k▼
2023 · €46k
Current ratio
1.14▼
2023 · 3.12
Quick ratio
1.12▼
2023 · 3.09
Debt to equity
0.71▲
2023 · 0.46
ROE
2.9%▼
2023 · 109.2%
ROA
1.7%▼
2023 · 74.7%
Interest coverage
27.95▼
2023 · 220.22
Debt ≤ 1 year
€31k▲
2023 · €19k
Income taxes
€960▼
2023 · €10k
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 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€61k€74k▲
Fixed assets21/28€1k€39k▲
Tangible fixed assets22/27€830€293▼
Furniture and vehicles24€830€293▼
Financial fixed assets28€180€39k▲
Current assets29/58€60k€35k▼
Stocks and contracts in progress3€401€401=
Stocks30/36€401€401=
Amounts receivable within one year40/41€3k€31k▲
Trade receivables40€3k€17k▲
Other amounts receivable41-€14k
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€53k-
Equity and liabilities
Total equity and liabilities10/49€61k€74k▲
Equity10/15€42k€43k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€32k€33k▲
Amounts payable17/49€19k€31k▲
Amounts payable within one year42/48€19k€31k▲
Trade debts44€7k€21k▲
Suppliers440/4€7k€21k▲
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€8k€7k▼
Other amounts payable47/48€5k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€683€537▼
Other operating charges640/8€242€283▲
Gross operating margin9900€56k€3k▼
Operating profit (loss)9901€56k€2k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€255€102▼
Recurring financial charges65€255€102▼
Profit (loss) for the period before taxes9903€55k€2k▼
Income taxes67/77€10k€960▼
Profit (loss) for the period9904€46k€1k▼
Profit (loss) for the period to be appropriated9905€46k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€33k▲
Profit (loss) brought forward from the previous period14P€-14k€32k▲
The notes to these accounts (6 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3k | €8k | €32 | - | - | - |
| Remuneration, social security and pensions62 | €13k | €3k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €98 | €683 | €537 | ▼ 21.4% |
| Other operating charges640/8 | €25 | €2k | - | €242 | €283 | ▲ 17.0% |
| Non-recurring operating charges66A | €3k | - | - | - | - | - |
| Gross operating margin9900 | €14k | €2k | €-8k | €56k | €3k | ▼ 94.4% |
| Operating profit (loss)9901 | €-2k | €-3k | €-8k | €56k | €2k | ▼ 95.8% |
| Financial income75/76B | €4 | €145 | - | €0 | - | - |
| Recurring financial income75 | €4 | €145 | - | €0 | - | - |
| Financial charges65/66B | €339 | €88 | €217 | €255 | €102 | ▼ 60.0% |
| Recurring financial charges65 | €339 | €88 | €217 | €255 | €102 | ▼ 60.0% |
| Profit (loss) for the period before taxes9903 | €-3k | €-3k | €-8k | €55k | €2k | ▼ 96.0% |
| Income taxes67/77 | - | - | - | €10k | €960 | ▼ 89.9% |
| Profit (loss) for the period9904 | €-3k | €-3k | €-8k | €46k | €1k | ▼ 97.3% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-3k | €-8k | €46k | €1k | ▼ 97.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17k | €15k | €13k | €61k | €74k | ▲ 20.7% |
| Fixed assets21/28 | €180 | €180 | €3k | €1k | €39k | ▲ 3,757% |
| Tangible fixed assets22/27 | - | - | €3k | €830 | €293 | ▼ 64.7% |
| Furniture and vehicles24 | - | - | €3k | €830 | €293 | ▼ 64.7% |
| Financial fixed assets28 | €180 | €180 | €180 | €180 | €39k | ▲ 21,389% |
| Current assets29/58 | €17k | €14k | €10k | €60k | €35k | ▼ 42.0% |
| Stocks and contracts in progress3 | €5k | €801 | €801 | €401 | €401 | = |
| Stocks30/36 | €5k | €801 | €801 | €401 | €401 | = |
| Amounts receivable within one year40/41 | €4k | €7k | €4k | €3k | €31k | ▲ 1,026% |
| Trade receivables40 | €2k | €6k | €4k | €3k | €17k | ▲ 519% |
| Other amounts receivable41 | €2k | €2k | - | - | €14k | - |
| Cash at bank and in hand54/58 | €9k | €6k | €5k | €4k | €4k | ▼ 11.5% |
| Deferred charges and accrued income490/1 | - | - | - | €53k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17k | €15k | €13k | €61k | €74k | ▲ 20.7% |
| Equity10/15 | €7k | €5k | €-4k | €42k | €43k | ▲ 3.0% |
| Contributions10/11 | €10k | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €-3k | €-5k | €-14k | €32k | €33k | ▲ 3.9% |
| Amounts payable17/49 | €10k | €10k | €17k | €19k | €31k | ▲ 58.9% |
| Amounts payable within one year42/48 | €10k | €10k | €17k | €19k | €31k | ▲ 58.9% |
| Trade debts44 | €7k | €10k | €11k | €7k | €21k | ▲ 224% |
| Suppliers440/4 | €7k | €10k | €11k | €7k | €21k | ▲ 224% |
| Taxes, remuneration and social security45 | €2k | - | €2k | €8k | €7k | ▼ 10.2% |
| Taxes450/3 | - | - | €2k | €8k | €7k | ▼ 10.2% |
| Remuneration and social security454/9 | €2k | - | - | - | - | - |
| Other amounts payable47/48 | €436 | - | €3k | €5k | €2k | ▼ 56.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-3k | €-8k | €46k | €1k | ▼ 97.3% |
| + Depreciation and write-downs630 | - | - | €98 | €683 | €537 | ▼ 21.4% |
| Operating cash flow (approximation) | €-3k | €-3k | €-8k | €46k | €2k | ▼ 96.1% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €1k | €-39k | ▼ 3,810% |
| Change in cash | - | €-2k | €-919 | €-996 | €-509 | ▲ 48.9% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €46k
Net result €46k after 3 loss-making years.
31-12
Financial
Liquidity times 5current ratio 3.12
Current ratio from 0.61 to 3.12.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 374 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Liège · 1 establishment unit since 2020
Ground area
2,345 m²
Building footprint
468 m²
Volume, LiDAR
404 m³
2 parcels, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AJPROJECT
since 20202.313.629.944
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62078A0391/00K002 | Wallonia | 2,138 m² | 1 · 426 m² | - |
| 62023B0311/00T002 | Wallonia | 206 m² | 1 · 42 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
ATLAS T MESSANCY
BE 0766.677.904
Marche-en-Famenne · Eq €43,207
BUBBLE WAFFLE DELICIAS
BE 0767.509.728
Heist-op-den-Berg · Eq €43,197
SUSHI TOKYO
BE 0732.553.403
Jette · Eq €43,182
D.E.G. TANKING
BE 0841.940.501
Kortemark · Eq €43,154
NICK & NICK
BE 0453.855.674
Menen · Eq €43,120
Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,437 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
Founded28-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
ajpbobbi@gmail.com
Phone
+32496942606
Scores and ratios are computed by Checked and are not a credit decision.