AJV
ActiveAJV has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213k and a net result of €12k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 84% of 402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+4
Solvency100▲+3
Growth38▲+3
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.78 in 2024; short-term debt: 21.5% and cash: 1.8% of total assets), and 21.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.5%
Return on assets
4.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 10 filingsDeviation from the deadline
2025
19 d late
2024
27 d late
2023
30 d late
2022
30 d late
2021
19 d late
2020
31 d late
2019
48 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€153k▲ 14.6%
2024 · €133k
2018: €266k
2019: €212k
2020: €150k
2021: €154k
2022: €205k
2023: €125k
2024: €133k
2018 → 2025
EBIT margin
11.6%▲ 9.0pp
2024 · 2.6%
2018: 14.1%
2019: 11.7%
2020: 4.3%
2021: -9.1%
2022: 10.1%
2023: 68.7%
2024: 2.6%
2018 → 2025
Net result
€12k▲ 2,527%
2024 · €439
2018: €19k
2019: €2k
2020: €-3k
2021: €-32k
2022: €8k
2023: €53k
2024: €439
2018 → 2025
Working capital
€672
2024 · €-19k
2018: €10k
2019: €4k
2020: €15k
2021: €-71k
2022: €-85k
2023: €-37k
2024: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€154k-€205k▲ 33.1%€125k▼ 38.8%€133k▲ 6.2%€153k▲ 14.6%
Equity€162k-€170k▲ 4.6%€223k▲ 31.4%€223k▲ 0.2%€213k▼ 4.4%
Operating result€-14k-€21k€86k▲ 315%€3k▼ 96.0%€18k▲ 414%
Net result€-32k-€8k€53k▲ 607%€439▼ 99.2%€12k▲ 2,527%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 414% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €272k
Fixed assets
€213k▼ 12.2%
Current assets
€59k▼ 11.2%
Equity and liabilities €272k
Equity
€213k▼ 4.4%
Debt
€59k▼ 31.7%
The debt ratio falls from 27.7% to 21.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€47k▲
2024 · €34k
Cash flow
€41k▲
2024 · €31k
Solvency
78.5%▲
2024 · 72.3%
Current ratio
1.01▲
2024 · 0.78
Quick ratio
1.01▲
2024 · 0.78
Debt / equity
0.27▼
2024 · 0.38
ROE
5.4%▲
2024 · 0.2%
ROA
4.2%▲
2024 · 0.1%
Interest coverage
18.82▲
2024 · 11.97
Debt
€59k▼
2024 · €86k
Debt ≤ 1 year
€59k▼
2024 · €86k
Income taxes
€4k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€309k€272k▼
Fixed assets21/28€242k€213k▼
Tangible fixed assets22/27€239k€209k▼
Land and buildings22€228k€202k▼
Plant, machinery and equipment23€2-
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26€7k€6k▼
Financial fixed assets28€4k€4k=
Current assets29/58€67k€59k▼
Amounts receivable within one year40/41€56k€52k▼
Trade receivables40€20k€14k▼
Other amounts receivable41€36k€38k▲
Cash at bank and in hand54/58€3k€5k▲
Deferred charges and accrued income490/1€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€309k€272k▼
Equity10/15€223k€213k▼
Contributions10/11€20k€20k=
Reserves13€53k€53k=
Distributable reserves133€53k€53k=
Profit (loss) carried forward14€150k€140k▼
Amounts payable17/49€86k€59k▼
Amounts payable within one year42/48€86k€59k▼
Current portion of amounts payable after more than one year42€21k€4k▼
Financial debts43€14k-
Credit institutions430/8€14k-
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€30k€24k▼
Taxes450/3€30k€24k▼
Other amounts payable47/48€19k€25k▲
Income statement
Code20242025
Turnover70€133k€153k▲
Non-recurring operating income76A€1-
Goods, raw materials, services and sundry goods60/61€94k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€30k▼
Other operating charges640/8€13k€13k▲
Gross operating margin9900€47k€60k▲
Operating profit (loss)9901€3k€18k▲
Financial income75/76B€1k€781▼
Recurring financial income75€1k€781▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€2k€16k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€439€12k▲
Profit (loss) for the period to be appropriated9905€439€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€150k€161k▲
Profit (loss) brought forward from the previous period14P€149k€150k▲
Profit to be distributed694/7-€21k
Return on contributions (dividend)694-€21k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €53k ▲607%
Operating result €86k, net result €53k, both a record.
31-12
Financial
Equity above €200kEq €223k ▲31.4%
2 profitable years in a row build equity to €223k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Braine-l'Alleud · 1 establishment unit since 2006
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.
Chaussée d'Alsemberg 1251420 Braine-l'AlleudGround area
3,691 m²
Building footprint
627 m²
Volume, LiDAR
4,671 m³
2 parcels, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AJV
since 20062.158.645.225
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25004A0023/00F011 | Wallonia | 3,320 m² | 1 · 553 m² | 8.0 m · 2 fl. |
| 25744P0950/00_000 | Wallonia | 371 m² | 1 · 74 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
22 categoriesAJV SRL30356
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Of 1,499 companies in sector 31004 we hold annual accounts for 620. 479 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2006
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36111
16210Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
20200
31001Manufacture of furniture
31002Manufacture of furniture
36122
36130
36141
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.