ENRJ
ActiveENRJ has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-31k) and a net result of €37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+95
Solvency7▲+7
Growth45▲+17
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.79 against 0.63 in 2024; short-term debt: 117.3% and cash: 9.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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 2025Solvency, return and age of the figures
Solvency
-17.6%
Return on assets
21.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 27619 sector peers (2025).
NBB · sector comparisonPosition among 27619 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
21 d late
2023
55 d late
2022
346 d late
2021
129 d late
2020
30 d late
2019
131 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€517k▲ 45.8%
2020 · €355k
2018: €589k
2019: €567k
2020: €355k
2018 → 2021
EBIT margin
0.1%▲ 29.4pp
2020 · -29.3%
2018: 8.3%
2019: -3.8%
2020: -29.3%
2018 → 2021
Net result
€37k
2024 · €-161k
2018: €23k
2019: €-25k
2020: €-107k
2021: €-601
2022: €37k
2023: €98k
2024: €-161k
2018 → 2025
Working capital
€-42k▲ 50.3%
2024 · €-85k
2018: €95k
2019: €73k
2020: €-55k
2021: €-51k
2022: €-9k
2023: €71k
2024: €-85k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€517k-
Equity€-41k-€-4k▲ 90.2%€94k€-68k€-31k▲ 54.7%
Operating result€734-€20k▲ 2,690%€128k▲ 525%€-155k€46k
Net result€-601-€37k€98k▲ 162%€-161k€37k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €46k after a loss of €155k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175k
Fixed assets
€12k▼ 42.4%
Current assets
€162k▲ 10.3%
Key figures and ratios
EBITDA
€56k▲
2024 · €-134k
Cash flow
€47k▲
2024 · €-140k
Solvency
-17.6%▲
2024 · -40.3%
Current ratio
0.79▲
2024 · 0.63
Quick ratio
0.79▲
2024 · 0.63
Debt / equity
-6.68▼
2024 · -3.48
ROA
21.2%▲
2024 · -95.8%
Interest coverage
5.96▲
2024 · -21.87
Debt
€205k▼
2024 · €236k
Debt ≤ 1 year
€205k▼
2024 · €233k
Debt > 1 year
€524▼
2024 · €4k
Staff costs
€643k▲
2024 · €186k
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€168k€175k▲
Fixed assets21/28€21k€12k▼
Tangible fixed assets22/27€21k€12k▼
Plant, machinery and equipment23€1k€940▼
Furniture and vehicles24€5k€4k▼
Leasing and similar rights25€5k€1k▼
Other tangible fixed assets26€10k€6k▼
Financial fixed assets28€374€374=
Current assets29/58€147k€162k▲
Amounts receivable within one year40/41€131k€143k▲
Trade receivables40€72k€97k▲
Other amounts receivable41€58k€47k▼
Cash at bank and in hand54/58€13k€17k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€168k€175k▲
Equity10/15€-68k€-31k▲
Contributions10/11€19k€19k=
Reserves13€4k€4k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Profit (loss) carried forward14€-90k€-53k▲
Amounts payable17/49€236k€205k▼
Amounts payable after more than one year17€4k€524▼
Financial debts170/4€4k€524▼
Amounts payable within one year42/48€233k€205k▼
Current portion of amounts payable after more than one year42€14k€3k▼
Financial debts43-€4
Credit institutions430/8-€4
Trade debts44€99k€82k▼
Suppliers440/4€99k€82k▼
Taxes, remuneration and social security45€28k€35k▲
Remuneration and social security454/9€28k€35k▲
Other amounts payable47/48€93k€85k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€145▼
Remuneration, social security and pensions62€186k€643k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€9k▼
Other operating charges640/8€3k€6k▲
Non-recurring operating charges66A€9k€8k▼
Gross operating margin9900€64k€713k▲
Operating profit (loss)9901€-155k€46k▲
Financial income75/76B€144€0▼
Recurring financial income75€144€0▼
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€-161k€37k▲
Profit (loss) for the period9904€-161k€37k▲
Profit (loss) for the period to be appropriated9905€-161k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-90k€-53k▲
Profit (loss) brought forward from the previous period14P€71k€-90k▼
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Weakest financial yearnet €-161k ▼265%
Net result drops to €-161k, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 346 days late
2023
31-12
Financial
Highest result since 2018net €98k ▲162%
Operating result €128k, net result €98k, both a record.
2022
31-12
Financial
Back to profitnet €37k
Net result €37k after 3 loss-making years.
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 129 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 131 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Brussel · 1 establishment unit since 2000
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.
Dobbelenbergstraat 71130 BrusselGround area
6,492 m²
Building footprint
2,190 m²
Volume, LiDAR
13,758 m³
2 parcels, Brussels, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue des Combattants 280, 1470 Genappe
since 20002.093.694.520
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821A0172/00M002 | Brussels | 3,558 m² | 1 · 1,377 m² | 8.1 m · 2 fl. |
| 25013C0120/00R000 | Wallonia | 2,933 m² | 1 · 813 m² | 7.3 m · 2 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
2 categoriesENRJ SRL27800
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Alpha BJ
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 8,827 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-1999
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.