ACTIVE

BAJ Architects SCRL, société civile

Financial year 2025 · Closed on 31/12/2025

Net result190,5 k €+51,5 %over 1 year

Gross margin373,6 k €+43,4 %over 1 year

Equity492,1 k €+15,0 %over 1 year

Identity

Source · BCE/KBO

BAJ Architects SCRL, société civile is a Cooperative company with limited liability incorporated in 2000. Its main activity is: Architectural activities. Its registered office is in Liège.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0472.609.437
Incorporation: 29/08/2000
Legal form: Cooperative company with limited liability
Registered office: Rue Lebeau 5
4000 Liège · WallonieSee on map
Contributed capital: 33 500,00 €
Latest accounts: 31/12/2025

Activities (NACE)

71111Architectural activities· main 71111Architectural activities 74201Photographic activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	373,6 k €	+43.4%	260,6 k €	+56.8%	166,2 k €	-14.0%	193,2 k €	+39.6%	138,4 k €
EBITDA	305,3 k €	+55.4%	196,5 k €	+90.9%	102,9 k €	-24.2%	135,9 k €	+106%	65,9 k €
Operating result	280,7 k €	+52.6%	183,9 k €	+94.7%	94,5 k €	-27.6%	130,4 k €	+66.6%	78,3 k €
Net result	190,5 k €	+51.5%	125,8 k €	+98.7%	63,3 k €	-28.0%	87,9 k €	+104%	43,1 k €
Balance sheet
Equity	492,1 k €	+15.0%	427,8 k €	+37.1%	312 k €	+12.8%	276,6 k €	+28.2%	215,8 k €
Total assets	617,5 k €	+6.5%	579,9 k €	+24.1%	467,2 k €	+5.7%	442,1 k €	-2.7%	454,5 k €
Cash	278,1 k €	+14.7%	242,5 k €	+215%	76,9 k €	-71.1%	265,8 k €	+15.0%	231,2 k €
Debts	96,7 k €	-16.0%	115,1 k €	-16.7%	138,2 k €	-9.7%	153 k €	-21.8%	195,7 k €
Other
Workforce	–		–		–		–		0,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 18 ended

Active mandates

Catherine, Mathilde, Alb RENARD

Director · since 17 juin 2015 · until 16 juin 2027

Active

Jean-Baptiste, Paul, Hen MAHU

Director · since 17 juin 2015 · until 16 juin 2027

Active

Sébastien, Michel, Chris GOVAERTS

Director · since 17 juin 2015 · until 16 juin 2027

Active

Ended mandates

Catherine, Mathilde, Alb RENARD

Director · since 17 juin 2015 · until 16 juin 2021

Ended

Catherine, Mathilde, Alb RENARD

Manager · since 17 juin 2015 · until 16 juin 2021

Ended

Jean-Baptiste, Paul, Hen MAHU

Director · since 17 juin 2015 · until 16 juin 2021

Ended

Jean-Baptiste, Paul, Hen MAHU

Manager · since 17 juin 2015 · until 16 juin 2021

Ended

Other companies at this address

Rue Lebeau 5 4000 Liège

Company	CBE no.
Association des Copropriétaires Résidence Square Lebeau à Liège rue Lebeau 5● Active	0872.271.015
DUCO● Active	0700.505.492
GALEAS● Active	0724.711.447
REJ ESTATE● Active	0833.079.154

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/08/2026	06/03/2026	28/08/2024	29/06/2023	08/07/2022	18/06/2021
General meeting	17/06/2026	18/06/2025	19/06/2024	21/06/2023	27/06/2022	16/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	17/06/2026	05/08/2026	French	PDF
Micro model	31/12/2024	18/06/2025	06/03/2026	French	PDF
Micro model	31/12/2023	19/06/2024	28/08/2024	French	PDF
Micro model	31/12/2022	21/06/2023	29/06/2023	French	PDF
Abridged model	31/12/2021	27/06/2022	08/07/2022	French	PDF
Abridged model	31/12/2020	16/06/2021	18/06/2021	French	PDF
Abridged model	31/12/2019	17/06/2020	14/08/2020	French	PDF
Abridged model	31/12/2018	19/06/2019	27/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	21/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	15/06/2016	19/08/2016	French	PDF
Abridged model	31/12/2014	17/06/2015	17/07/2015	French	PDF
Abridged model	31/12/2013	18/06/2014	13/08/2014	French	PDF
Abridged model	31/12/2012	19/06/2013	18/07/2013	French	PDF
Abridged model	31/12/2011	20/06/2012	03/07/2012	French	PDF
Abridged model	31/12/2010	01/08/2011	23/08/2011	French	PDF
Abridged model	31/12/2009	16/06/2010	28/09/2010	French	PDF
Abridged model	31/12/2008	17/06/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	18/06/2008	16/10/2008	French	PDF
Abridged model	31/12/2006	20/06/2007	27/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 18 ended

Active mandates

Catherine, Mathilde, Alb RENARD

Director · since 17 juin 2015 · until 16 juin 2027

Active

Jean-Baptiste, Paul, Hen MAHU

Director · since 17 juin 2015 · until 16 juin 2027

Active

Sébastien, Michel, Chris GOVAERTS

Director · since 17 juin 2015 · until 16 juin 2027

Active

Ended mandates

Catherine, Mathilde, Alb RENARD

Director · since 17 juin 2015 · until 16 juin 2021

Ended

Catherine, Mathilde, Alb RENARD

Manager · since 17 juin 2015 · until 16 juin 2021

Ended

Jean-Baptiste, Paul, Hen MAHU

Director · since 17 juin 2015 · until 16 juin 2021

Ended

Jean-Baptiste, Paul, Hen MAHU

Manager · since 17 juin 2015 · until 16 juin 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates20/08/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates05/12/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates19/09/2011
DEMISSIONS, NOMINATIONS
PDF
Registered office24/03/2011
SIEGE SOCIAL
PDF
Mandates03/08/2009
DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/12/2006
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025190,5 k €↑
2024
Annual accounts 2024125,8 k €↑
2023
Annual accounts 202363,3 k €↓
2022
Annual accounts 202287,9 k €↑
2021
Annual accounts 202143,1 k €↑
2020
Annual accounts 202027,1 k €↑
2019
Annual accounts 20194,6 k €↓
2018
Annual accounts 20189,3 k €↓
2017
Annual accounts 201715,9 k €↓
2016
Annual accounts 201627,1 k €↓
2015
Annual accounts 201528 k €↓
2014
Annual accounts 201490,8 k €↑
2013
Annual accounts 201355,2 k €↑
2012
Annual accounts 201244,6 k €↑
2011
Annual accounts 2011-71,7 k €↑
2010
Annual accounts 2010-205,6 k €↓
2009
Annual accounts 200910,7 k €↓
2008
Annual accounts 200813,1 k €↓
2007
Annual accounts 200761,2 k €↑
2006
Annual accounts 200659,5 k €
29/08/2000
IncorporationCooperative company with limited liability

BAJ Architects SCRL, société civile

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline