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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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
83 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NJR Immobilière from Elsene, company number BE0836421003, closed financial year 2025 with a result of € -22,366 after tax. For that financial year NJR Immobilière recorded a gross margin of € 505,761 and equity of € 269,894. Compared with financial year 2024, the result moved from € 6,883 to € -22,366. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 12, 2026.
€ 269,894
▲ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,366
▼ still € 6,883 profit in 2024
Profit after tax over the fiscal year.
€ 25,952
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 145,156.
People and assets in 2025
1.1
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 46,450
▼ 15% vs 2024
€ 42,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 5 million
▲ 7% vs 2024
€ 306,027 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 35,901
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,366
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 362,460 | € 474,890 | € 651,507 | € 505,761 | ▼ 22% |
| Profit after taxes | € 36,332 | € 18,576 | € 6,883 | € -22,366 | ▼ € 29,250 |
| Equity | € 160,663 | € 179,238 | € 186,122 | € 269,894 | ▲ 45% |
| Total debts | € 4,245,014 | € 5,393,195 | € 5,071,167 | € 5,247,984 | ▲ 3% |
| Cash | € 6,183 | € 18,179 | € 180,423 | € 25,952 | ▼ 86% |
| Land & buildings | € 2,805,639 | € 3,325,803 | € 5,024,252 | € 4,802,229 | ▼ 4% |
| Retained profit | € 142,063 | € 160,638 | € 167,522 | € 145,156 | ▼ 13% |
| Bank debt | € 4,086,877 | € 4,698,628 | € 4,717,261 | € 5,034,043 | ▲ 7% |
| Balance sheet total | € 4,405,677 | € 5,572,433 | € 5,257,289 | € 5,517,877 | ▲ 5% |
| Employees (FTE) | 1 | 1 | 1.4 | 1.1 | ▼ 0.3 |
Key figures of NJR Immobilière, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to NJR Immobilière?
What happened at NJR Immobilière in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,366 (▼ € 29,250 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 36,332 profit in 2022 to € 22,366 loss in 2025.
Paid € 31,678 in corporate taxes since 2022.
Best year ever: 2022, with € 36,332 profit.
On average € 459,800 of value added per employee in 2025.
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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 NJR Immobilière is Rachid NEJAR. Rachid NEJAR is also behind REDART-CONSTRUCT and Fresh Corner.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Louizalaan 390
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 83 companies are registered at this address.
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€ 12,242 gross margin · 2025
I P A C
+78 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.421.003
- VAT number
- BE 0836.421.003
- Registered office
- Louizalaan 390, 1050 Elsene
- Names & denominations
- NJR Immobilière
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 2011
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
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