Maja
ActiveSummary
Maja has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199k and a net result of €-6k. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 70% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+26
Solvency82▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.26 in 2024; short-term debt: 40.3% and cash: 5.4% of total assets), and 43.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
52 d late
2024
31 d early
2023
30 d late
2022
49 d early
2021
45 d early
2020
32 d early
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€199k▼ 3.0%
2024 · €205k
2018: €269k
2019: €235k
2020: €218k
2021: €203k
2022: €202k
2023: €205k
2024: €205k
2018 → 2025
Total assets
€352k▼ 7.2%
2024 · €380k
2018: €527k
2019: €458k
2020: €428k
2021: €405k
2022: €394k
2023: €394k
2024: €380k
2018 → 2025
Net result
€-6k
2024 · €414
2018: €-8k
2019: €-34k
2020: €-17k
2021: €-15k
2022: €-2k
2023: €3k
2024: €414
2018 → 2025
Working capital
€-117k▲ 0.6%
2024 · €-117k
2018: €-121k
2019: €-121k
2020: €-133k
2021: €-137k
2022: €-135k
2023: €-125k
2024: €-117k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€203k-€202k▼ 0.8%€205k▲ 1.4%€205k▲ 0.2%€199k▼ 3.0%
Operating result€-14k-€-647▲ 95.3%€3k€8k▲ 139%€-5k
Net result€-15k-€-2k▲ 89.4%€3k€414▼ 85.5%€-6k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €352k
Fixed assets
€327k ▼ 3.7%
Current assets
€25k ▼ 36.7%
Equity and liabilities €352k
Equity
€199k ▼ 3.0%
Debt
€153k ▼ 12.2%
Debt's share of the balance-sheet total falls from 45.9% to 43.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €21k
Cash flow
€6k▼
2024 · €13k
Current ratio
0.18▼
2024 · 0.26
Debt to equity
0.77▼
2024 · 0.85
ROE
-3.1%▼
2024 · 0.2%
ROA
-1.7%▼
2024 · 0.1%
Interest coverage
12.18▲
2024 · 2.63
Debt ≤ 1 year
€142k▼
2024 · €157k
Debt > 1 year
€11k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€380k€352k▼
Fixed assets21/28€339k€327k▼
Tangible fixed assets22/27€339k€327k▼
Land and buildings22€337k€326k▼
Plant, machinery and equipment23€3k€1k▼
Current assets29/58€40k€25k▼
Amounts receivable within one year40/41€2k€6k▲
Trade receivables40€2k€6k▲
Cash at bank and in hand54/58€38k€19k▼
Equity and liabilities
Total equity and liabilities10/49€380k€352k▼
Equity10/15€205k€199k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€189k€189k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Legal reserve130€5k€5k=
Profit (loss) carried forward14€-51k€-57k▼
Amounts payable17/49€174k€153k▼
Amounts payable after more than one year17€17k€11k▼
Financial debts170/4€17k€11k▼
Amounts payable within one year42/48€157k€142k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€210-
Suppliers440/4€210-
Taxes, remuneration and social security45€342€436▲
Taxes450/3€342€436▲
Other amounts payable47/48€151k€136k▼
Income statement
Code20242025
Non-recurring operating income76A€9k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€5k€4k▼
Gross operating margin9900€25k€11k▼
Operating profit (loss)9901€8k€-5k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€8k€577▼
Recurring financial charges65€8k€577▼
Profit (loss) for the period before taxes9903€414€-6k▼
Profit (loss) for the period9904€414€-6k▼
Profit (loss) for the period to be appropriated9905€414€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-57k▼
Profit (loss) brought forward from the previous period14P€-51k€-51k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 52 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 5 loss-making years.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Malle · 1 establishment unit since 1963
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.
Antwerpsesteenweg 4742390 MalleGround area
2,506 m²
Building footprint
533 m²
Parcel 11049C0183/00A002, Flanders. Linked by address, not a title deed.
1 establishment unit
Maja
since 19632.107.130.208
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049C0183/00A002 | Flanders | 2,506 m² | 1 · 533 m² | - |
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.
Similar companies · same sector, comparable size
CENTRE MEDICAL DU PARC
BE 0691.635.734
Etterbeek · Eq €199,072
REAL FOODS & CO
BE 0457.029.653
Veurne · Eq €198,929
C.R.
BE 0578.946.379
Overijse · Eq €199,245
CENTRE SAINT-HENRI
BE 0502.593.622
Sint-Lambrechts-Woluwe · Eq €198,882
WM47
BE 1011.665.557
Brugge · Eq €198,837
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,250 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
52100Warehousing and storage
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.