Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AJAG from Nazareth-De Pinte, company number BE0445406776, closed financial year 2025 with a result of € -6,817 after tax. For that financial year AJAG recorded a gross margin of € 162,966 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € -4,856 to € -6,817. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 2.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,817
▼ 40 % more loss than in 2024
Profit after tax over the fiscal year.
€ 19,322
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
People and assets in 2025
€ 15,850
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 400,000
▲ 258% vs 2024
€ 23,783 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 29,731
▲ € 28,309 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,525
▲ € 9,250 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 134,875 | € 130,464 | € 138,558 | € 162,966 | ▲ 18% |
| Profit after taxes | € 12,199 | € 1,328 | € -4,856 | € -6,817 | ▼ € 1,960 |
| Equity | € 2,942,253 | € 2,943,581 | € 2,938,725 | € 2,931,908 | |
| Total debts | € 62,345 | € 53,550 | € 160,692 | € 673,047 | ▲ € 512,356 |
| Cash | € 105,905 | € 75,755 | € 17,951 | € 19,322 | ▲ 8% |
| Land & buildings | € 2,943,470 | € 2,865,582 | € 3,128,114 | € 3,637,778 | ▲ 16% |
| Retained profit | € 1,522,273 | € 1,523,601 | € 1,518,745 | € 1,511,928 | |
| Bank debt | € 0 | € 0 | € 111,780 | € 400,000 | ▲ 258% |
| Balance sheet total | € 3,201,977 | € 3,185,359 | € 3,279,386 | € 3,776,666 | ▲ 15% |
Key figures of AJAG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AJAG?
What happened at AJAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Johan Decatelle stepped down as director. NBB
- Thomas Decatelle stepped down as director. NBB
- Annie Goethals stepped down as director. NBB
- Ann-Sophie Decatelle stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6,817. Source: NBB ↗
- Johan Decatelle became a director. NBB
- Thomas Decatelle became a director. NBB
- Annie Goethals became a director. NBB
In short
From € 12,199 profit in 2022 to € 6,817 loss in 2025.
Paid € 39,285 in corporate taxes since 2022.
Best year ever: 2022, with € 12,199 profit.
Management
Directors
According to the 2025 annual accounts
Johan Decatelle
Director
since 2021 · until 2027
since 2021 · until 2027
Annie Goethals
Managing director
since 2021 · until 2027
Ann-Sophie Decatelle
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 4
9840 Nazareth-De Pinte
Nieuwstraat 2
9840 Nazareth-De Pinte
Active since 9 October 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.406.776
- VAT number
- BE 0445.406.776
- Registered office
- Nieuwstraat 4, 9840 Nazareth-De Pinte
- Names & denominations
- AJAG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 1991
- Peppol
- Active · Active since 25 Nov 2025