M.J.
ActiveM.J. has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-10k) and a net result of €-10k. Equity is shrinking by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▼-44
Solvency23▼-62
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 2.86 in 2023; short-term debt: 96% and cash: 27.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-2.4%
Return on assets
-2.4%
Age of the figures
24 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-10k
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 141 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline18-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 23-04-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
7 d early
2023
84 d early
2022
83 d early
2021
5 d early
2020
on the day
2019
20 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-10k
2023 · €304k
2018: €410k
2019: €431k
2020: €367k
2021: €238k
2022: €275k
2023: €304k
2018 → 2024
Total assets
€423k▼ 15.9%
2023 · €503k
2018: €532k
2019: €564k
2020: €625k
2021: €513k
2022: €538k
2023: €503k
2018 → 2024
Net result
€-10k
2023 · €30k
2018: €-29k
2019: €21k
2020: €-64k
2021: €-128k
2022: €37k
2023: €30k
2018 → 2024
Working capital
€-74k
2023 · €290k
2018: €371k
2019: €392k
2020: €339k
2021: €275k
2022: €277k
2023: €290k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€367k-€238k▼ 35.0%€275k▲ 15.3%€304k▲ 10.8%€-10k
Operating result€-82k-€-110k▼ 34.7%€34k€31k▼ 9.2%€-28k
Net result€-64k-€-128k▼ 99.9%€37k€30k▼ 18.9%€-10k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €28k after €31k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €423k
Fixed assets
€91k▲ 59.3%
Current assets
€332k▼ 25.5%
Key figures and ratios
EBITDA
€-16k▼
2023 · €41k
Cash flow
€2k▼
2023 · €40k
Solvency
-2.4%▼
2023 · 60.5%
Current ratio
0.82▼
2023 · 2.86
Quick ratio
0.62▼
2023 · 1.47
Debt / equity
-42.47▼
2023 · 0.65
ROA
-2.4%▼
2023 · 5.9%
Interest coverage
-2.84▼
2023 · 4.03
Debt
€434k▲
2023 · €199k
Debt ≤ 1 year
€407k▲
2023 · €156k
Debt > 1 year
€27k▼
2023 · €43k
Income taxes
€213▼
2023 · €19k
Staff costs
€151k▼
2023 · €176k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€503k€423k▼
Fixed assets21/28€57k€91k▲
Tangible fixed assets22/27€56k€90k▲
Plant, machinery and equipment23€37k€73k▲
Other tangible fixed assets26€19k€17k▼
Financial fixed assets28€630€630=
Current assets29/58€446k€332k▼
Stocks and contracts in progress3€217k€81k▼
Stocks30/36€217k€81k▼
Amounts receivable within one year40/41€122k€136k▲
Other amounts receivable41€122k€136k▲
Current investments50/53€0-
Cash at bank and in hand54/58€107k€116k▲
Equity and liabilities
Total equity and liabilities10/49€503k€423k▼
Equity10/15€304k€-10k▼
Contributions10/11€414k€110k▼
Capital10€414k€110k▼
Issued capital100€414k€110k▼
Reserves13€44k€6k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€38k€0▼
Profit (loss) carried forward14€-154k€-126k▲
Amounts payable17/49€199k€434k▲
Amounts payable after more than one year17€43k€27k▼
Financial debts170/4€43k€27k▼
Amounts payable within one year42/48€156k€407k▲
Financial debts43€52k€27k▼
Credit institutions430/8€52k€27k▼
Trade debts44€44k€30k▼
Suppliers440/4€44k€30k▼
Taxes, remuneration and social security45€22k€11k▼
Taxes450/3€456€0▼
Remuneration and social security454/9€21k€11k▼
Other amounts payable47/48€38k€339k▲
Income statement
Code20232024
Non-recurring operating income76A-€348
Remuneration, social security and pensions62€176k€151k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k▲
Other operating charges640/8€755€12k▲
Gross operating margin9900€218k€147k▼
Operating profit (loss)9901€31k€-28k▼
Financial income75/76B€27k€24k▼
Recurring financial income75€27k€24k▼
Financial charges65/66B€10k€6k▼
Recurring financial charges65€10k€6k▼
Profit (loss) for the period before taxes9903€48k€-10k▼
Income taxes67/77€19k€213▼
Profit (loss) for the period9904€30k€-10k▼
Transfer from tax-exempt reserves789-€38k
Profit (loss) for the period to be appropriated9905€30k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-154k€-126k▲
Profit (loss) brought forward from the previous period14P€-183k€-154k▲
Social balance
Average headcount (FTE)90876.14.9▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €37k
Net result €37k after 2 loss-making years.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-128k
Net result drops to €-128k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2004
05-03
State Gazette act
Incorporation · Founder
Corporate purpose · Member admission
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Malle · 1 establishment unit since 1900
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Antwerpsesteenweg 4742390 MalleGround area
2,506 m²
Building footprint
533 m²
Parcel 11049C0183/00A002, Flanders. Linked by address, not a title deed.
1 establishment unit
M.J NV
since 19002.007.194.769
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049C0183/00A002 | Flanders | 2,506 m² | 1 · 533 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 partyM.J.BE 0412.400.547
controls
Where this company holds controlthis company sits on their board1
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Of 6,501 companies in sector 47716 we hold annual accounts for 2,439. 1,632 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-04-1972
Fiscal year end30-09
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52423
47120Other non-specialised retail sale
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.