Financials
Financial year 2025
AJM from Middelkerke, company number BE0874210124, closed financial year 2025 with a result of € 1,720 after tax. For that financial year AJM recorded a gross margin of € 60,708 and equity of € 171,138. Compared with financial year 2024, the result moved from € 26,038 to € 1,720. The company is profitable. 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 November 20, 2025.
€ 171,138
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,720
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 2,351
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 26,398 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 59,669
▼ 23% vs 2024
Of which on lease € 57,738.
Debts at end 2025
€ 73,485
▼ 27% vs 2024
€ 28,905 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 16,834
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,746
▼ 41% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 107,755 | € 99,400 | € 95,233 | € 60,708 | ▼ 36% |
| Profit after taxes | € 51,493 | € 49,584 | € 26,038 | € 1,720 | ▼ 93% |
| Equity | € 144,767 | € 193,551 | € 195,817 | € 171,138 | ▼ 13% |
| Total debts | € 127,038 | € 52,760 | € 170,296 | € 124,495 | ▼ 27% |
| Cash | € 94,577 | € 32,532 | € 28,588 | € 2,351 | ▼ 92% |
| Land & buildings | € 108,663 | € 152,223 | € 132,940 | € 109,534 | ▼ 18% |
| Retained profit | € 126,167 | € 174,951 | € 177,217 | € 152,538 | ▼ 14% |
| Dividend | € 800 | € 800 | € 23,772 | € 26,398 | ▲ 11% |
| Bank debt | € 47,381 | € 36,716 | € 101,167 | € 73,485 | ▼ 27% |
| Balance sheet total | € 271,805 | € 246,310 | € 366,113 | € 295,633 | ▼ 19% |
Key figures of AJM, 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 AJM?
What happened at AJM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,720 (▼ 93% vs 2024). Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,493 profit in 2022 to € 1,720 profit in 2025.
Paid € 49,410 in corporate taxes since 2022.
Best year ever: 2022, with € 51,493 profit.
Paid out € 51,771 in dividends to the owners in total.
A new publication or filing at AJM? We notify you, reason included.
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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 AJM are Jean-Luc BAERT and Jorrit BAERT. The same people are also behind JLS. Jorrit BAERT is also behind POLYHOME.
Establishments
Establishment units
Physical locations of this company
Badenlaan 98
8434 Middelkerke
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
- 0874.210.124
- VAT number
- BE 0874.210.124
- Registered office
- Badenlaan 98, 8434 Middelkerke
- Names & denominations
- AJM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2005
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Cafés en bars
Cafés