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M.J.F.

Active
Private limited companyfounded 2010active for 16 yearsRue des Trois Entités 8, 4890 Thimister-Clermont, BelgiumKBO/BCE: BE 0830.538.843
Summary

M.J.F. has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €636,675 and a net result of €74,621. Equity has been growing by about 36% per year since 2018. Its solvency ranks better than 31% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 22-10-2010 Normal situation
Activity
Plumbing work NACE 43221and 2 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
149 Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment units
2.203.590.768 4900 Spa, since 31-10-2011
2.354.525.441 4890 Thimister-Clermont, since 01-02-2023
Financial year end
31 December
Peppol
Reachable since 18-09-2026

Board and ownership

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€823,660
▲ 11.8%
Turnover
≈ €2.2m
estimated
Profit
€74,621
▲ 21.0%
Equity
€636,675
▲ 12.9%
Total assets
€2.2m
▲ 7.6%
Employees on 31-12-2025
8
▲ 14.3%
  • 2025 accounts filed 27 days after the deadline
Filed on 27-08-2026
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Size: 6.5 FTE, total assets €2.2mlowers riskFounded in 2010Figures for financial year 2025 (filed on 29-08-2026)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 37% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 54+2
equity 28.5% of total assets
Liquidity 46-4
short-term debt 24.5% · cash 4.3%
Profitability 43-5
return on assets 3.3%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.0% 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 1.9%▼ -0.1 percentage points vs 02-2025 04-2025: 1.1%▼ -0.8 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.1 percentage points vs 05-2025 07-2025: 1.5%▲ +0.3 percentage points vs 06-2025 08-2025: 2.1%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 1.0%▼ -1.1 percentage points vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 0.9%▼ -0.1 percentage points vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.9 percentage points vs 07-2026 09-2026: 0.6%▼ -1.3 percentage points vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.47 (1.55 in 2024), below the usual 1.5. Short-term debt is 24.5% and cash 4.3% of total assets. 71.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 30% of them on solvency, 37% on liquidity, 21% on profitability and 59% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 29-08-2026)
NBB · annual accounts
raises risk · Size: 6.5 FTE, total assets €2.2m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
22 days late
2023
27 days late
2022
31 days late
2021
24 days late
2020
62 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €74,621 8 years View
  • Higher gross margin than 82% of companies in specialised constructionsector median €245,083 · 9,865 companies €823,660 View

Recent changes

  1. · Gazette deed Company renamed to M.J.F.Change of role: Jean-François MEYERS, from manager to director
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as M.J.F.: plumbing work (NACE 43221). They are comparable in size and age: total assets between €1.6m and €2.3m, founded between 2004 and 2016.

CompanyTotal assetsGross margin
M.J.F. Thimister-Clermont€2.2m€0.8m
KNOP2 Grimbergen€2.2m€0.8m
Rainer GILS & Sohn Sankt Vith€2.0m€0.7m
INDEPENDENT FIRE PROTECTION COMPANY Oudenaarde€2.3m€0.7m
Buckens Frederik Nazareth-De Pinte€1.7m€0.7m
Casalingo+heating Lille€2.1m€0.7m
Danny Willemsen Lille€1.6m€0.6m
Full comparison

Key facts about M.J.F.

What is the company number of M.J.F.?
The company number of M.J.F. is 0830.538.843. The VAT number is the same number with BE in front: BE 0830.538.843.
Where is M.J.F. based?
The registered office is at Rue des Trois Entités 8, 4890 Thimister-Clermont.Company details
What does M.J.F. do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of M.J.F.?
The legal form of M.J.F. is Private limited company (BV).
When was M.J.F. founded?
M.J.F. was founded on 22-10-2010.
Is M.J.F. still active?
Yes, M.J.F. is an active enterprise in the KBO register.
How many employees does M.J.F. have?
M.J.F. had an average of 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does M.J.F. fall under?
In its 2025 annual accounts, M.J.F. states joint committees 200 (Aanvullend Paritair Comité voor de bedienden), 149 (Paritair Comité voor de sectors die aan de metaal-, machine- en elektrische bouw verwant zijn) and 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of M.J.F.?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €823,660 and 45 comparable companies (NACE 432). It probably lies between €1.8m and €2.7m.
Is M.J.F. profitable?
In financial year 2025, M.J.F. made a profit of €74,621.
Where can I find the annual accounts of M.J.F.?
M.J.F. filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of M.J.F. due?
M.J.F. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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