M.J.J. POWER
ActiveM.J.J. POWER has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361k and a net result of €-153k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 91% of 17540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-1
Solvency100=
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 11.77 against 47.11 in 2024), and 14.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · 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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
1 d early
2023
12 d early
2022
19 d early
2021
30 d late
2020
52 d late
2019
117 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€361k▼ 29.8%
2024 · €514k
2020: €513k
2021: €503k
2022: €506k
2023: €513k
2024: €514k
2020 → 2025
Total assets
€422k▼ 26.7%
2024 · €575k
2020: €530k
2021: €584k
2022: €578k
2023: €579k
2024: €575k
2020 → 2025
Net result
€-153k
2024 · €1k
2020: €400k
2021: €-9k
2022: €3k
2023: €7k
2024: €1k
2020 → 2025
Working capital
€174k▼ 46.5%
2024 · €326k
2020: €478k
2021: €292k
2022: €305k
2023: €315k
2024: €326k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€503k-€506k▲ 0.6%€513k▲ 1.4%€514k▲ 0.2%€361k▼ 29.8%
Operating result€-6k-€1k€8k▲ 640%€2k▼ 72.5%€-154k
Net result€-9k-€3k€7k▲ 118%€1k▼ 83.6%€-153k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €154k after €2k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €422k
Fixed assets
€231k▼ 4.6%
Current assets
€190k▼ 42.7%
Equity and liabilities €422k
Equity
€361k▼ 29.8%
Debt
€61k▲ 0.4%
The debt ratio rises from 10.5% to 14.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-140k▼
2024 · €16k
Cash flow
€-140k▼
2024 · €15k
Solvency
85.6%▼
2024 · 89.5%
Current ratio
11.77▼
2024 · 47.11
Quick ratio
11.77▼
2024 · 24.65
Debt / equity
0.17▲
2024 · 0.12
ROE
-42.5%▼
2024 · 0.2%
ROA
-36.4%▼
2024 · 0.2%
Interest coverage
-107.34▼
2024 · 14.14
Debt
€61k▲
2024 · €60k
Debt ≤ 1 year
€16k▲
2024 · €7k
Debt > 1 year
€43k▼
2024 · €53k
Income taxes
€651
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 · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€575k€422k▼
Fixed assets
21/28€242k€231k▼
Tangible fixed assets
22/27€234k€223k▼
Financial fixed assets
28€8k€8k=
Current assets
29/58€333k€190k▼
Stocks & contracts in progress
3€159k-
Amounts receivable within one year
40/41€77k€90k▲
Investments
50/53€70k-
Cash & bank
54/58€27k€101k▲
Total equity & liabilities
10/49€575k€422k▼
Equity
10/15€514k€361k▼
Contributions / capital
10/11€100k€100k=
Reserves
13€414k€261k▼
Amounts payable
17/49€60k€61k▲
Amounts payable after one year
17€53k€43k▼
Amounts payable within one year
42/48€7k€16k▲
Trade debts payable within one year
44€246€5k▲
Income statement
Code20242025
Gross operating margin
9900€22k€-137k▼
Operating result
9901€2k€-154k▼
Financial income
75€0€2k▲
Financial charges
65€1k€1k▲
Result before taxes
9903€1k€-153k▼
Income taxes
67/77-€651
Net result for the period
9904€1k€-153k▼
Result to be appropriated
9905€1k€-153k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-153k ▼13542%
Net result drops to €-153k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 47.11
Current ratio from 16.45 to 47.11; short-term debt falls from €20k to €7k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
22-02
State Gazette act
Director changes
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 52 days late
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
CREMERIE ST ROCHUS
BE 0738.948.374
Dentergem · Eq €363k
TRUONG SON
BE 0786.312.682
Kortrijk · Eq €363k
KEUKEN VAN LAECKE
BE 0545.963.708
Aalter · Eq €358k
BELARTISAN
BE 0893.348.422
Boechout · Eq €366k
CASA DELL'ANNO
BE 0824.531.474
Maldegem · Eq €368k
Of 2,463 companies in sector 47279 we hold annual accounts for 915. 576 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-1985
Fiscal year end31-12
Activities, NACEBEL
47279Other retail sale of food
47299Retail trade
52482
10890Manufacture of food products
10910Manufacture of food products
10920Manufacture of food products
46212Wholesale trade
46370Wholesale trade
46382Wholesale trade
46496Wholesale trade
47639Retail sale of other sporting goods
47640Retail trade
47762Retail sale of pets, pet food and pet supplies
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 22-07-2026. Scores and ratios are computed by Checked and are not a credit decision.