M.J. MOTORS
The computed 12-month bankruptcy probability of M.J. MOTORS is 1.1% (low). The 2024 annual accounts show equity of €161k and a net result of €-31k. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 61% of 6722 sector peers (fiscal year 2024). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €161k |
| Net result | €-31k |
| Better than sector | 61% |
| Active | 29 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.5% | 20.4% | |
| Net result | €-31k | €4k | |
| Equity | €161k | €16k | |
| Gross operating margin | €7k | €24k | |
| Total assets | €510k | €94k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €5k |
| Net profit | €-31k |
| Cash flow | €4k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €510k |
| Equity | €161k |
| Debt | €350k |
| of which ≤ 1y | €350k |
| of which > 1y | - |
| Working capital | €-172k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.51 |
| Quick ratio | 0.51 |
| Working capital ratio | -33.8% |
| Solvency | 31.5% |
| Debt / equity | 2.18 |
| Long-term debt ratio | - |
| Interest coverage | 7.40 |
| Gross margin | - |
| Net margin | - |
| ROA | -6.0% |
| ROE | -19.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €510k |
| Fixed assets | 21/28 | €333k |
| Tangible fixed assets | 22/27 | €331k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €177k |
| Amounts receivable within one year | 40/41 | €52k |
| Cash & bank | 54/58 | €125k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €510k |
| Equity | 10/15 | €161k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €140k |
| Amounts payable | 17/49 | €350k |
| Amounts payable within one year | 42/48 | €350k |
| Trade debts payable within one year | 44 | €80k |
| Income statement | ||
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €-30k |
| Financial income | 75 | €65 |
| Financial charges | 65 | €690 |
| Result before taxes | 9903 | €-31k |
| Net result for the period | 9904 | €-31k |
| Result to be appropriated | 9905 | €-31k |
| NACE primary | Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)(47811) |
| Legal form | Private limited company(610) |
| Incorporation | 20-12-1996 |
| Status | Active |
| Postal code | 7332 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53073B0293/00A000 | Wallonia | 6,730 m² | - | - |
| 53019A0243/00F002 | Wallonia | 2,122 m² | 1 · 779 m² | 7.5 m · 2 fl. |
| 53014B0420/00A002 | Wallonia | 344 m² | 1 · 38 m² | 4.3 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-12-2023 Change in the board of directors
Technical details
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"notary": {
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"filing_date": "2023-12-24",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-18",
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"exp\u00E9dition de l\u2019acte",
"statuts coordonn\u00E9s"
],
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}22-03-2022 All shares are now held by a single shareholder
Technical details
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"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2022-02-11"
},
"bedrijfsrevisor": null,
"subject_company": {
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"legal_form": "SPRL",
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"shareholders_after": [
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"pct": 40.0,
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{
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"n_shares": 225,
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},
{
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],
"share_classes_after": [
{
"n_shares": 750,
"class_name": "parts sociales",
"capital_share_eur": 18750.0,
"voting_rights_per_share": 1.0
}
]
}02-03-2022 Registered office moved within Cuesmes
- Rue de la Poire d'Or 7 -7033 CUESMES → 2A Rue des Sandrinettes 7033 Cuesmes
Technical details
{
"events": [
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"new_address": {
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"country": "BE",
"postcode": "7033",
"box_number": null,
"street_number": "2A",
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}| Legal nameFR | M.J. MOTORS |