M.D.J.
ActiveSummary
For the legal form of M.D.J., Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €466,229 and a net result of -€288. Equity remains stable across the filed fiscal years (±0.1% per year). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-1
Solvency100=
Growth52=
Track record100
Credit verdict
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 7.37 against 7.22 in 2024; short-term debt: 2% and cash: 0% of total assets), and 2% of the assets are financed with debt.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
56 d early
2023
40 d early
2022
54 d early
2021
31 d early
2020
33 d early
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 13 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€466,229▼ 0.1%
2024 · €466,518
Total assets
€475,987▼ 0.1%
2024 · €476,564
Net result
-€288
2024 · €193
Working capital
€62,163▼ 0.5%
2024 · €62,451
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€512▲ 196%€227▼ 55.7%€854▲ 277%€222▼ 74.1%-€253
Net result€512▲ 280%€180▼ 64.9%€830▲ 362%€193▼ 76.8%-€288
Equity€465,315▲ 0.1%€465,495=€466,325▲ 0.2%€466,518=€466,229▼ 0.1%
Total assets€474,974=€476,037▲ 0.2%€475,984=€476,564▲ 0.1%€475,987▼ 0.1%
Debt€9,659▼ 5.1%€10,542▲ 9.1%€9,659▼ 8.4%€10,046▲ 4.0%€9,757▼ 2.9%
Working capital€61,248▲ 0.8%€61,428▲ 0.3%€62,258▲ 1.4%€62,451▲ 0.3%€62,163▼ 0.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €253 after €222 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €475,987
Fixed assets
€404,066 =
Current assets
€71,920 ▼ 0.8%
Equity and liabilities €475,987
Equity
€466,229 ▼ 0.1%
Debt
€9,757 ▼ 2.9%
Debt's share of the balance-sheet total falls from 2.1% to 2.0%. Equity and debt are lower.
Key figures and ratios
Current ratio
7.37▲
2024 · 7.22
Debt to equity
0.02▼
2024 · 0.02
ROE
-0.1%▼
2024 · 0.0%
ROA
-0.1%▼
2024 · 0.0%
Debt ≤ 1 year
€9,757▼
2024 · €10,046
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €2,189 | €2,233 | €2,453 | €2,538 | €2,619 | ▲ 3.2% |
| Gross operating margin9900 | €2,701 | €2,459 | €3,308 | €2,759 | €2,366 | ▼ 14.3% |
| Operating profit (loss)9901 | €512 | €227 | €854 | €222 | -€253 | ▼ 214% |
| Financial charges65/66B | - | €47 | €24 | €29 | €36 | ▲ 25.8% |
| Recurring financial charges65 | - | €47 | €24 | €29 | €36 | ▲ 25.8% |
| Profit (loss) for the period before taxes9903 | €512 | €180 | €830 | €193 | -€288 | ▼ 249% |
| Profit (loss) for the period9904 | €512 | €180 | €830 | €193 | -€288 | ▼ 249% |
| Profit (loss) for the period to be appropriated9905 | €512 | €180 | €830 | €193 | -€288 | ▼ 249% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €474,974 | €476,037 | €475,984 | €476,564 | €475,987 | ▼ 0.1% |
| Fixed assets21/28 | €404,066 | €404,066 | €404,066 | €404,066 | €404,066 | = |
| Tangible fixed assets22/27 | €404,066 | €404,066 | €404,066 | €404,066 | €404,066 | = |
| Land and buildings22 | €404,066 | €404,066 | €404,066 | €404,066 | €404,066 | = |
| Current assets29/58 | €70,907 | €71,970 | €71,917 | €72,497 | €71,920 | ▼ 0.8% |
| Cash at bank and in hand54/58 | €16 | €79 | €26 | €606 | €29 | ▼ 95.2% |
| Deferred charges and accrued income490/1 | €70,891 | €71,891 | €71,891 | €71,891 | €71,891 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €474,974 | €476,037 | €475,984 | €476,564 | €475,987 | ▼ 0.1% |
| Equity10/15 | €465,315 | €465,495 | €466,325 | €466,518 | €466,229 | ▼ 0.1% |
| Contributions10/11 | €409,024 | €409,024 | €409,024 | €409,024 | €409,024 | = |
| Capital10 | €409,024 | €409,024 | €409,024 | €409,024 | €409,024 | = |
| Issued capital100 | €409,024 | €409,024 | €409,024 | €409,024 | €409,024 | = |
| Reserves13 | €43,992 | €43,992 | €43,992 | €43,992 | €43,992 | = |
| Non-distributable reserves130/1 | €40,902 | €40,902 | €40,902 | €40,902 | €40,902 | = |
| Legal reserve130 | €40,902 | €40,902 | €40,902 | €40,902 | €40,902 | = |
| Distributable reserves133 | €3,090 | €3,090 | €3,090 | €3,090 | €3,090 | = |
| Profit (loss) carried forward14 | €12,299 | €12,478 | €13,309 | €13,502 | €13,213 | ▼ 2.1% |
| Amounts payable17/49 | €9,659 | €10,542 | €9,659 | €10,046 | €9,757 | ▼ 2.9% |
| Amounts payable within one year42/48 | €9,659 | €10,542 | €9,659 | €10,046 | €9,757 | ▼ 2.9% |
| Trade debts44 | - | €884 | - | €387 | €99 | ▼ 74.6% |
| Suppliers440/4 | - | €884 | - | €387 | €99 | ▼ 74.6% |
| Other amounts payable47/48 | €9,659 | €9,659 | €9,659 | €9,659 | €9,659 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €512 | €180 | €830 | €193 | -€288 | ▼ 249% |
| Operating cash flow (approximation) | €512 | €180 | €830 | €193 | -€288 | ▼ 249% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €63 | -€53 | €580 | -€577 | ▼ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€288
Net result drops to -€288, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Comines-Warneton · 1 establishment unit since 1996
Ground area
1.1 ha
Building footprint
228 m²
Volume, LiDAR
1,485 m³
Parcel 54005A0266/00G000, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M.D.J.
since 19962.077.148.595
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54005A0266/00G000 | Wallonia | 1.1 ha | 1 · 228 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPartnership limited by shares
Founded13-05-1996
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.