M&J CONCEPT
ActiveM&J CONCEPT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €4k. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 25% of 4625 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
65
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency31▲+10
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.07 in 2023), and 79.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
20.6%
Return on assets
4.2%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 4625 sector peers (2024).
NBB · sector comparisonPosition among 4625 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
37 d early
2022
33 d early
2021
33 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k▼ 91.0%
2023 · €42k
2018: €78k
2019: €68k
2020: €77k
2021: €37k
2022: €39k
2023: €42k
2018 → 2024
Working capital
€15k▲ 59.3%
2023 · €9k
2018: €-11k
2019: €-97k
2020: €-20k
2021: €123k
2022: €64k
2023: €9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€98k-€135k▲ 38.1%€74k▼ 45.3%€19k▼ 74.8%€19k=
Operating result€113k-€62k▼ 44.7%€57k▼ 9.0%€60k▲ 5.9%€10k▼ 82.9%
Net result€77k-€37k▼ 51.4%€39k▲ 4.5%€42k▲ 8.2%€4k▼ 91.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 83% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €90k
Fixed assets
€9k▼ 8.7%
Current assets
€82k▼ 41.1%
Equity and liabilities €90k
Equity
€19k=
Debt
€72k▼ 44.6%
The debt ratio falls from 87.4% to 79.4%: debt is paid down.
Key figures and ratios
EBITDA
€11k▼
2023 · €61k
Cash flow
€5k▼
2023 · €43k
Solvency
20.6%▲
2023 · 12.6%
Current ratio
1.22▲
2023 · 1.07
Quick ratio
1.22▲
2023 · 1.07
Debt / equity
3.86▼
2023 · 6.96
ROE
20.4%▼
2023 · 226.2%
ROA
4.2%▼
2023 · 28.4%
Interest coverage
4.33▼
2023 · 36.63
Debt
€72k▼
2023 · €129k
Debt ≤ 1 year
€67k▼
2023 · €129k
Income taxes
€4k▼
2023 · €16k
Staff costs
€113k▼
2023 · €116k
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€148k€90k▼
Fixed assets21/28€9k€9k▼
Tangible fixed assets22/27€9k€8k▼
Other tangible fixed assets26€9k€8k▼
Financial fixed assets28-€390
Current assets29/58€139k€82k▼
Amounts receivable within one year40/41€37k€32k▼
Trade receivables40€32k€21k▼
Other amounts receivable41€5k€10k▲
Cash at bank and in hand54/58€99k€49k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€148k€90k▼
Equity10/15€19k€19k=
Contributions10/11€19k€19k=
Amounts payable17/49€129k€72k▼
Amounts payable within one year42/48€129k€67k▼
Trade debts44€47k€29k▼
Suppliers440/4€47k€29k▼
Taxes, remuneration and social security45€40k€26k▼
Taxes450/3€17k€13k▼
Remuneration and social security454/9€23k€13k▼
Other amounts payable47/48€42k€13k▼
Accrued charges and deferred income492/3-€5k
Income statement
Code20232024
Remuneration, social security and pensions62€116k€113k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€7k▼
Other operating charges640/8€29k€23k▼
Gross operating margin9900€221k€155k▼
Operating profit (loss)9901€60k€10k▼
Financial income75/76B€1€381▲
Recurring financial income75€1€381▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€58k€8k▼
Income taxes67/77€16k€4k▼
Profit (loss) for the period9904€42k€4k▼
Profit (loss) for the period to be appropriated9905€42k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€4k▼
Transfer from equity791/2€55k-
Profit to be distributed694/7€97k€4k▼
Return on contributions (dividend)694€97k€4k▼
Social balance
Average headcount (FTE)90871.81.6▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €4k ▼91%
Net result drops to €4k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity triplescurrent ratio 2.73
Current ratio from 0.90 to 2.73; short-term debt falls from €199k to €71k.
31-12
Financial
Equity above €100kEq €135k ▲38.1%
4 profitable years in a row build equity to €135k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brussel · 1 establishment unit since 2008
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.
Louizalaan 1431050 BrusselGround area
1,907 m²
Building footprint
1,788 m²
Volume, LiDAR
27,322 m³
Parcel 21807G0089/00A007, Brussels · tallest building 32.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M&J Concept
since 20082.169.281.769
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0089/00A007 | Brussels | 1,907 m² | 1 · 1,788 m² | 32.0 m · 2 fl. |
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.
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CORBATI
BE 0536.396.736
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Beau Noir
BE 0536.830.464
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Matisco Advisory
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 29,702 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
73120Media representation
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.