BJ MAX
ActiveBJ MAX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €382k and a net result of €39k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 42% of 10252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-45
Solvency55▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.45 in 2024; short-term debt: 19.6% and cash: 3.8% of total assets), and 69.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
30.5%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
9 d early
2024
17 d early
2023
27 d late
2022
4 d early
2021
51 d early
2020
64 d early
2019
27 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, abbreviated schema
Turnover
€0
2021 · €0
2021: €0
2021 → 2022
EBIT margin
Not included in this filing
Net result
€39k▼ 82.7%
2024 · €224k
2018: €48k
2019: €36k
2020: €179k
2021: €160k
2022: €118k
2023: €153k
2024: €224k
2018 → 2025
Working capital
€-147k▼ 24.5%
2024 · €-118k
2018: €-3k
2019: €-130k
2020: €-117k
2021: €-76k
2022: €-123k
2023: €-104k
2024: €-118k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€0
Equity€247k-€265k▲ 7.4%€329k▲ 23.9%€413k▲ 25.6%€382k▼ 7.6%
Operating result€110k-€93k▼ 15.5%€86k▼ 7.8%€87k▲ 1.6%€21k▼ 76.3%
Net result€160k-€118k▼ 25.9%€153k▲ 29.7%€224k▲ 46.1%€39k▼ 82.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 76% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€1.15M▼ 3.0%
Current assets
€98k▼ 0.6%
Equity and liabilities €1.25M
Equity
€382k▼ 7.6%
Debt
€870k▼ 0.6%
The debt ratio rises from 67.9% to 69.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€56k▼
2024 · €122k
Cash flow
€74k▼
2024 · €259k
Solvency
30.5%▼
2024 · 32.1%
Current ratio
0.40▼
2024 · 0.45
Quick ratio
0.40▼
2024 · 0.45
Debt / equity
2.28▲
2024 · 2.12
ROE
10.1%▼
2024 · 54.3%
ROA
3.1%▼
2024 · 17.4%
Interest coverage
2.75▼
2024 · 6.31
Debt
€870k▼
2024 · €875k
Debt ≤ 1 year
€245k▲
2024 · €216k
Debt > 1 year
€624k▼
2024 · €659k
Income taxes
€1k▼
2024 · €14k
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€1.29M€1.25M▼
Fixed assets21/28€1.19M€1.15M▼
Tangible fixed assets22/27€330k€294k▼
Land and buildings22€286k€267k▼
Furniture and vehicles24€41k€25k▼
Leasing and similar rights25€3k€3k▼
Financial fixed assets28€860k€860k=
Current assets29/58€98k€98k▼
Amounts receivable within one year40/41€59k€49k▼
Trade receivables40€36k€34k▼
Other amounts receivable41€24k€15k▼
Cash at bank and in hand54/58€35k€48k▲
Deferred charges and accrued income490/1€4k€792▼
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.25M▼
Equity10/15€413k€382k▼
Contributions10/11€20k€20k=
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€384k€353k▼
Amounts payable17/49€875k€870k▼
Amounts payable after more than one year17€659k€624k▼
Financial debts170/4€506k€624k▲
Other amounts payable178/9€153k€0▼
Amounts payable within one year42/48€216k€245k▲
Current portion of amounts payable after more than one year42€122k€116k▼
Trade debts44€11k€11k▼
Suppliers440/4€11k€11k▼
Taxes, remuneration and social security45€35k€32k▼
Taxes450/3€31k€29k▼
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€48k€86k▲
Accrued charges and deferred income492/3€0€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€36k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€125k€59k▼
Operating profit (loss)9901€87k€21k▼
Financial income75/76B€170k€40k▼
Recurring financial income75€170k€40k▼
Financial charges65/66B€19k€21k▲
Recurring financial charges65€19k€21k▲
Profit (loss) for the period before taxes9903€238k€40k▼
Income taxes67/77€14k€1k▼
Profit (loss) for the period9904€224k€39k▼
Profit (loss) for the period to be appropriated9905€224k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€524k€423k▼
Profit (loss) brought forward from the previous period14P€300k€384k▲
Profit to be distributed694/7€140k€70k▼
Return on contributions (dividend)694€140k€70k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €224k ▲46.1%
Net result €224k, the highest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €200kEq €247k ▲93.7%
4 profitable years in a row build equity to €247k.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €100kEq €128k ▲344%
3 profitable years in a row build equity to €128k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet €36k ▼24.9%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 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, Verlaine · 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.
Voie de Meuniers(VER) 104537 Verlaine1 establishment unit
BJ MAX
since 20172.260.494.235
Similar companies · same sector, comparable size
DE 4 SEIZOENEN
BE 0464.062.549
Dilbeek · Eq €382k
DIVAR
BE 0819.536.271
Maldegem · Eq €382k
SOETE HUYS
BE 0463.598.038
Beveren-Kruibeke-Zwijndrecht · Eq €381k
WALVAN
BE 0424.530.101
Izegem · Eq €381k
venfresh rijkevorsel
BE 0722.732.053
Stabroek · Eq €383k
Of 10,527 companies in sector 47110 we hold annual accounts for 5,861. 3,493 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2016
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filings
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.