FAJAC
ActiveSummary
FAJAC has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27.10M and a net result of €1.08M. Equity is growing by ~6.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▼-53
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 3.68 against 6.64 in 2024; short-term debt: 3.5% and cash: 12.5% of total assets), and 6.4% of the assets are financed with debt.
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 · 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
93.6%
Return on assets
3.7%
Age of the figures
12 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-05-2026, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
on the day
2023
on the day
2022
3 d early
2021
3 d late
2020
4 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.08M▼ 85.9%
2024 · €7.66M
2018: €1.25M
2019: €1.29M▲ +2.9% vs 2018
2020: €133k▼ -89.7% vs 2019lowest in 8 years
2021: €713k▲ +435% vs 2020
2022: €1.34M▲ +88.1% vs 2021
2023: €1.54M▲ +14.8% vs 2022
2024: €7.66M▲ +398% vs 2023highest in 8 years
2025: €1.08M▼ -85.9% vs 2024
2018 → 2025
Working capital
€2.71M▼ 78.4%
2024 · €12.57M
2020: €-1.03Mlowest in 6 years
2021: €-467k▲ +54.5% vs 2020
2022: €470k▲ +201% vs 2021
2023: €626k▲ +33.2% vs 2022
2024: €12.57M▲ +1907% vs 2023highest in 6 years
2025: €2.71M▼ -78.4% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17.88M-€19.22M▲ 7.5%€20.18M▲ 5.0%€26.02M▲ 28.9%€27.10M▲ 4.2%
2021: €17.88Mlowest in 5 years
2022: €19.22M▲ +7.5% vs 2021
2023: €20.18M▲ +5.0% vs 2022
2024: €26.02M▲ +28.9% vs 2023
2025: €27.10M▲ +4.2% vs 2024highest in 5 years
Operating result€-28k-€-25k▲ 10.8%€-25k▲ 0.6%€7.53M€255k▼ 96.6%
2021: €-28klowest in 5 years
2022: €-25k▲ +10.8% vs 2021
2023: €-25k▲ +0.6% vs 2022
2024: €7.53M▲ +30156% vs 2023highest in 5 years
2025: €255k▼ -96.6% vs 2024
Net result€713k-€1.34M▲ 88.1%€1.54M▲ 14.8%€7.66M▲ 398%€1.08M▼ 85.9%
2021: €713klowest in 5 years
2022: €1.34M▲ +88.1% vs 2021
2023: €1.54M▲ +14.8% vs 2022
2024: €7.66M▲ +398% vs 2023highest in 5 years
2025: €1.08M▼ -85.9% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 97% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28.95M
Fixed assets
€25.23M ▲ 71.9%
Current assets
€3.72M ▼ 74.9%
Equity and liabilities €28.95M
Equity
€27.10M ▲ 4.2%
Debt
€1.84M ▼ 46.5%
Debt's share of the balance-sheet total falls from 11.7% to 6.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.68▼
2024 · 6.64
Debt to equity
0.07▼
2024 · 0.13
ROE
4.0%▼
2024 · 29.4%
ROA
3.7%▼
2024 · 26.0%
Debt ≤ 1 year
€1.01M▼
2024 · €2.23M
Debt > 1 year
€800k▼
2024 · €1.20M
Income taxes
€137k▼
2024 · €770k
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€29.47M€28.95M▼
Fixed assets21/28€14.67M€25.23M▲
Financial fixed assets28€14.67M€25.23M▲
Current assets29/58€14.79M€3.72M▼
Amounts receivable within one year40/41€2k-
Other amounts receivable41€2k-
Cash at bank and in hand54/58€14.79M€3.62M▼
Deferred charges and accrued income490/1-€100k
Equity and liabilities
Total equity and liabilities10/49€29.47M€28.95M▼
Equity10/15€26.02M€27.10M▲
Contributions10/11€1.52M€1.52M=
Capital10€1.36M€1.36M=
Issued capital100€1.36M€1.36M=
Outside capital11€156k€156k=
Share premium1100/10€156k€156k=
Reserves13€10.68M€11.76M▲
Non-distributable reserves130/1€136k€136k=
Legal reserve130€136k€136k=
Distributable reserves133€10.54M€11.62M▲
Profit (loss) carried forward14€13.83M€13.83M=
Amounts payable17/49€3.45M€1.84M▼
Amounts payable after more than one year17€1.20M€800k▼
Financial debts170/4€1.20M€800k▼
Amounts payable within one year42/48€2.23M€1.01M▼
Current portion of amounts payable after more than one year42€400k€400k=
Trade debts44€968€998▲
Suppliers440/4€968€998▲
Taxes, remuneration and social security45€662k€527k▼
Taxes450/3€662k€527k▼
Other amounts payable47/48€1.16M€82k▼
Accrued charges and deferred income492/3€19k€35k▲
Income statement
Code20242025
Non-recurring operating income76A€7.57M€305k▼
Other operating charges640/8€1k€27k▲
Gross operating margin9900€7.53M€282k▼
Operating profit (loss)9901€7.53M€255k▼
Financial income75/76B€924k€1.15M▲
Recurring financial income75€924k€1.15M▲
Financial charges65/66B€24k€184k▲
Recurring financial charges65€24k€84k▲
Non-recurring financial charges66B-€100k
Profit (loss) for the period before taxes9903€8.43M€1.22M▼
Income taxes67/77€770k€137k▼
Profit (loss) for the period9904€7.66M€1.08M▼
Profit (loss) for the period to be appropriated9905€7.66M€1.08M▼
Appropriation of the result
Profit (loss) to be appropriated9906€21.49M€14.91M▼
Profit (loss) brought forward from the previous period14P€13.83M€13.83M=
Transfer from equity791/2€1.82M-
Transfer to equity691/2€7.66M€1.08M▼
To other reserves6921€7.66M€1.08M▼
Profit to be distributed694/7€1.82M-
Return on contributions (dividend)694€1.82M-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7.57M | €305k | ▼ 96.0% |
| Other operating charges640/8 | €2k | €868 | €868 | €1k | €27k | ▲ 2,403% |
| Gross operating margin9900 | €-27k | €-24k | €-24k | €7.53M | €282k | ▼ 96.3% |
| Operating profit (loss)9901 | €-28k | €-25k | €-25k | €7.53M | €255k | ▼ 96.6% |
| Financial income75/76B | €889k | €1.53M | €1.59M | €924k | €1.15M | ▲ 24.0% |
| Recurring financial income75 | €889k | €1.53M | €1.59M | €924k | €1.15M | ▲ 24.0% |
| Financial charges65/66B | €148k | €30k | €26k | €24k | €184k | ▲ 663% |
| Recurring financial charges65 | €37k | €30k | €26k | €24k | €84k | ▲ 249% |
| Non-recurring financial charges66B | €111k | - | - | - | €100k | - |
| Profit (loss) for the period before taxes9903 | €713k | €1.47M | €1.54M | €8.43M | €1.22M | ▼ 85.6% |
| Income taxes67/77 | - | €134k | €761 | €770k | €137k | ▼ 82.2% |
| Profit (loss) for the period9904 | €713k | €1.34M | €1.54M | €7.66M | €1.08M | ▼ 85.9% |
| Profit (loss) for the period to be appropriated9905 | €713k | €1.34M | €1.54M | €7.66M | €1.08M | ▼ 85.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21.91M | €22.98M | €22.20M | €29.47M | €28.95M | ▼ 1.8% |
| Fixed assets21/28 | €21.18M | €21.18M | €21.18M | €14.67M | €25.23M | ▲ 71.9% |
| Financial fixed assets28 | €21.18M | €21.18M | €21.18M | €14.67M | €25.23M | ▲ 71.9% |
| Current assets29/58 | €739k | €1.80M | €1.03M | €14.79M | €3.72M | ▼ 74.9% |
| Amounts receivable within one year40/41 | €406k | €433k | €430k | €2k | - | - |
| Other amounts receivable41 | €406k | €433k | €430k | €2k | - | - |
| Cash at bank and in hand54/58 | €333k | €1.37M | €597k | €14.79M | €3.62M | ▼ 75.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €100k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21.91M | €22.98M | €22.20M | €29.47M | €28.95M | ▼ 1.8% |
| Equity10/15 | €17.88M | €19.22M | €20.18M | €26.02M | €27.10M | ▲ 4.2% |
| Contributions10/11 | €1.52M | €1.52M | €1.52M | €1.52M | €1.52M | = |
| Capital10 | €1.36M | €1.36M | €1.36M | €1.36M | €1.36M | = |
| Issued capital100 | €1.36M | €1.36M | €1.36M | €1.36M | €1.36M | = |
| Outside capital11 | €156k | €156k | €156k | €156k | €156k | = |
| Share premium1100/10 | €156k | €156k | €156k | €156k | €156k | = |
| Reserves13 | €2.54M | €3.88M | €4.84M | €10.68M | €11.76M | ▲ 10.1% |
| Non-distributable reserves130/1 | €136k | €136k | €136k | €136k | €136k | = |
| Legal reserve130 | €136k | €136k | €136k | €136k | €136k | = |
| Distributable reserves133 | €2.40M | €3.74M | €4.70M | €10.54M | €11.62M | ▲ 10.2% |
| Profit (loss) carried forward14 | €13.83M | €13.83M | €13.83M | €13.83M | €13.83M | = |
| Amounts payable17/49 | €4.03M | €3.76M | €2.02M | €3.45M | €1.84M | ▼ 46.5% |
| Amounts payable after more than one year17 | €2.80M | €2.40M | €1.60M | €1.20M | €800k | ▼ 33.3% |
| Financial debts170/4 | €2.80M | €2.40M | €1.60M | €1.20M | €800k | ▼ 33.3% |
| Amounts payable within one year42/48 | €1.21M | €1.33M | €401k | €2.23M | €1.01M | ▼ 54.7% |
| Current portion of amounts payable after more than one year42 | - | - | €400k | €400k | €400k | = |
| Trade debts44 | - | €5k | €868 | €968 | €998 | ▲ 3.2% |
| Suppliers440/4 | - | €5k | €868 | €968 | €998 | ▲ 3.2% |
| Taxes, remuneration and social security45 | - | - | - | €662k | €527k | ▼ 20.4% |
| Taxes450/3 | - | - | - | €662k | €527k | ▼ 20.4% |
| Other amounts payable47/48 | €1.21M | €1.33M | - | €1.16M | €82k | ▼ 93.0% |
| Accrued charges and deferred income492/3 | €27k | €24k | €20k | €19k | €35k | ▲ 87.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €713k | €1.34M | €1.54M | €7.66M | €1.08M | ▼ 85.9% |
| Operating cash flow (approximation) | €713k | €1.34M | €1.54M | €7.66M | €1.08M | ▼ 85.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €6.50M | €-10.56M | ▼ 262% |
| Change in cash | - | €1.04M | €-774k | €14.20M | €-11.17M | ▼ 179% |
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
Next filing, fiscal year 2026, expected by
2026
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 20 days late
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Highest result since 2018net €7.66M ▲398%
Operating result €7.53M, net result €7.66M, both a record.
30-09
Financial
Liquidity triplescurrent ratio 6.64
Current ratio from 2.56 to 6.64.
30-09
Financial
Equity above €25MEq €26.02M ▲28.9%
7 profitable years in a row build equity to €26.02M.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Liquidity doublescurrent ratio 1.35
Current ratio from 0.61 to 1.35.
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Weakest financial yearnet €133k ▼89.7%
Net result drops to €133k, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-02
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Court-Saint-Etienne · 1 establishment unit since 1968
Ground area
3,376 m²
Building footprint
721 m²
Volume, LiDAR
10,099 m³
2 parcels, Brussels, Wallonia · tallest building 24.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
FAJAC SA
since 19682.102.681.965
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023L0455/00K000 | Wallonia | 2,874 m² | 1 · 219 m² | 18.5 m · 1 fl. |
| 21805E0197/00N000 | Brussels | 502 m² | 1 · 502 m² | 24.8 m · 6 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
254900EC3440I7KEOV06
Identification & contact
Identification
Legal formPublic limited company
Founded14-03-1968
Fiscal year end30-09
Scores and ratios are computed by Checked and are not a credit decision.