Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Ajmal Stud Europe from Lummen, company number BE0820825876, closed financial year 2024 with a result of € 3,192 after tax. For that financial year Ajmal Stud Europe recorded a gross margin of € 220,427 and equity of € 92,858. Compared with financial year 2023, the result moved from € 2,846 to € 3,192. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 92,858
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,192
▲ 12% vs 2023
Profit after tax over the fiscal year.
€ 8,027
▼ 51% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 72,858.
People and assets in 2024
€ 167,429
▲ 35% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 23,041
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 49,973
Loans from banks and other lenders, long and short.
€ 44,869
▼ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 28,825
▲ 90% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 65,670 | € 81,738 | € 170,163 | € 220,427 | ▲ 30% |
| Profit after taxes | € -1,380 | € -1,291 | € 2,846 | € 3,192 | ▲ 12% |
| Equity | € 88,112 | € 86,821 | € 89,667 | € 92,858 | ▲ 4% |
| Total debts | € 142,178 | € 404,156 | € 449,589 | € 443,837 | ▼ 1% |
| Cash | € 31,717 | € 15,513 | € 16,253 | € 8,027 | ▼ 51% |
| Land & buildings | € 29,861 | € 47,179 | € 68,446 | € 59,698 | ▼ 13% |
| Retained profit | € 68,112 | € 66,821 | € 69,667 | € 72,858 | ▲ 5% |
| Bank debt | € 67,200 | € 62,222 | € 49,973 | € 49,973 | |
| Balance sheet total | € 230,290 | € 490,976 | € 539,256 | € 536,696 |
Key figures of Ajmal Stud Europe, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Ajmal Stud Europe?
What happened at Ajmal Stud Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 3,192 (▲ 12% vs 2023). filed late Source: NBB ↗
- New establishment in Lummen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,380 loss in 2021 to € 3,192 profit in 2024.
Paid € 3,400 in corporate taxes since 2021.
Best year ever: 2024, with € 3,192 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Ajmal Stud Europe are Philippe Hosay and Turki Alothman.
Directors
According to the 2024 annual accounts
Philippe Hosay
Persoon belast met dagelijks bestuur
Turki Alothman
Director
Establishments
Establishment units
Physical locations of this company
Mellaerstraat 22
3560 Lummen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
HETZNER-AS, DE
DNS
Cloudflare DNS
Domain
Domain
ajmalstud.com
Registered
2020-07-24
Registrar
Cloudflare, Inc.
Expires
2027-07-24
Website info
Features
Security
Details
- Company number
- 0820.825.876
- VAT number
- BE 0820.825.876
- Registered office
- Mellaerstraat 22, 3560 Lummen
- Names & denominations
- Ajmal Stud Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2009
- Peppol
- Active · Active since 21 Mar 2025
- Contact
- ajmalstud.com
- Activities · NACE
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