M-JADE

Active

Private limited companyfounded 20214 yrs activeKBO/BCE: BE 0775.366.431

Summary

The computed 12-month bankruptcy probability of M-JADE is ≥ 25% (high). For M-JADE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€32,210) and a net result of -€22,178. Its solvency ranks better than 6% of 17988 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Risk analysisWatch Report Compare

M-JADEActive

Risk analysis Report Compare

Activity

Full-service restaurants

NACE 56111Full-service restaurants NACE 56101Limited-service restaurants NACE 56102

1 site

Size

€14,288total assets 2023

Equity: -€32,210
Loss: -€22,178

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: ≥ 25%

2023 figures too old to score

Structure

Board: 1 member

Accounts 429 d overdue2 of 5 deeds read

Signals- 2 changes of registered office in 24 months- 2 financial years not filed after the legal deadline; latest accounts 113 days late; 1 of the last 3 late- Figures for FY 2023 (filed 26-11-2024)- Ex-officio strike-off in the KBO- Two or more financial years not filed- Filed more than 90 days late- Administrative warnings in the KBO publicationsShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 0=

equity -225.4% of total assets

Liquidity 23+21

short-term debt 325.4% · cash 18.4%

Profitability 0=

return on assets -155.2%

Bankruptcy probability, 12 months

≥ 25% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,482 companies)

Last 24 months 11-2024: 6.9% 12-2024: 7.3%▲ +5.2% vs 11-2024 01-2025: 7.2%▼ -0.7% vs 12-2024 02-2025: 7.2%● 0.0% vs 01-2025 03-2025: 7.1%▼ -1.8% vs 02-2025 04-2025: 7.1%● 0.0% vs 03-2025 05-2025: 7.1%● -0.0% vs 04-2025 06-2025: 6.5%▼ -8.8% vs 05-2025lowest value 07-2025: 6.5%▲ +1.4% vs 06-2025 08-2025: 6.9%▲ +5.8% vs 07-2025 09-2025: 7.3%▲ +5.8% vs 08-2025 10-2025: 8.1%▲ +10.2% vs 09-2025 11-2025: 8.1%▲ +0.1% vs 10-2025 12-2025: 9.2%▲ +13.5% vs 11-2025 01-2026: 11.7%▲ +27.5% vs 12-2025 02-2026: 11.7%● 0.0% vs 01-2026 03-2026: 11.9%▲ +1.4% vs 02-2026 04-2026: 10.9%▼ -7.8% vs 03-2026 05-2026: 10.9%● 0.0% vs 04-2026 06-2026: 20.5%▲ +87.8% vs 05-2026 07-2026: 20.5%● 0.0% vs 06-2026 08-2026: 23.2%▲ +13.2% vs 07-2026 09-2026: 23.2%● 0.0% vs 08-2026 10-2026: ≥ 25%▲ +56.2% vs 09-2026highest value

2 changes of registered office in 24 months raises the probability
2 financial years not filed after the legal deadline; latest accounts 113 days late; 1 of the last 3 late raises the probability
Figures for FY 2023 (filed 26-11-2024) raises the probability
Ex-officio strike-off in the KBO raises the probability

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Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk

2 changes of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

2 financial years not filed after the legal deadline; latest accounts 113 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Figures for FY 2023 (filed 26-11-2024)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Ex-officio strike-off in the KBO

In the bankruptcy model this factor raises the probability.

KBO publications

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 2 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline03-10-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-11-2024, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

113 d late

2022

11 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Administrative warnings in the KBO publications

2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.

KBO publications

Publications

Address struckFunction strikeout

21-09-26 Function strikeoutevent 04-09-2026
15-09-26 Address struckevent 30-08-2026
21-05-26 Resignation: Abdalla Thamir (director)Appointment: Queiroz Carvalho Simões Ivan…

Key points

Risk: Accounts not fileddeadline was 31-07-2025 429 d late View
Risk: Negative equityfiscal year 2023: debts exceed assets -€32,210 View
Caution: Board changedlatest change 06-05-2026 · 1 in office 1 joined · 2 left View
Caution: Among the weakest 7% on solvencysector median 27.7% · 17,988 companies -225.4% View