MAJAK
ActiveMAJAK has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €18k. Equity is shrinking by ~22.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 25% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+20
Solvency46▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.3 in 2024; short-term debt: 64.9% and cash: 7.7% of total assets), and 78.8% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.2%
Return on assets
37.1%
Age of the figures
9 mo
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 21-07-2026, 10 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
10 d early
2024
7 d late
2023
19 d early
2022
31 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 29.5%
2024 · €15k
2022: €22k
2023: €23k
2024: €15k
2022 → 2025
Total assets
€49k▼ 13.5%
2024 · €57k
2022: €37k
2023: €31k
2024: €57k
2022 → 2025
Net result
€18k▲ 180%
2024 · €6k
2022: €6k
2023: €8k
2024: €6k
2022 → 2025
Working capital
€271▼ 96.8%
2024 · €8k
2022: €17k
2023: €21k
2024: €8k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€22k-€23k▲ 2.5%€15k▼ 35.2%€10k▼ 29.5%
Operating result€9k-€11k▲ 26.4%€11k▼ 3.1%€26k▲ 134%
Net result€6k-€8k▲ 23.0%€6k▼ 14.1%€18k▲ 180%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 134% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets
€17k▼ 13.1%
Current assets
€32k▼ 13.7%
Equity and liabilities €49k
Equity
€10k▼ 29.5%
Debt
€39k▼ 7.8%
The debt ratio rises from 73.9% to 78.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€30k▲
2024 · €12k
Cash flow
€23k▲
2024 · €8k
Solvency
21.2%▼
2024 · 26.1%
Current ratio
1.01▼
2024 · 1.30
Quick ratio
1.01▼
2024 · 1.30
Debt / equity
3.71▲
2024 · 2.84
ROE
174.6%▲
2024 · 44.0%
ROA
37.1%▲
2024 · 11.5%
Interest coverage
23.52▲
2024 · 5.64
Debt
€39k▼
2024 · €42k
Debt ≤ 1 year
€32k▲
2024 · €29k
Debt > 1 year
€7k▼
2024 · €13k
Income taxes
€6k▲
2024 · €3k
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
Assets
Total assets20/58€57k€49k▼
Fixed assets21/28€19k€17k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€19k€17k▼
Plant, machinery and equipment23€246€25▼
Furniture and vehicles24€19k€17k▼
Financial fixed assets28€125€125=
Current assets29/58€37k€32k▼
Amounts receivable within one year40/41€10k€9k▼
Trade receivables40€0€8k▲
Other amounts receivable41€10k€106▼
Current investments50/53€10k€13k▲
Cash at bank and in hand54/58€8k€4k▼
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€57k€49k▼
Equity10/15€15k€10k▼
Contributions10/11€2k€2k=
Reserves13€13k€8k▼
Distributable reserves133€13k€8k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€42k€39k▼
Amounts payable after more than one year17€13k€7k▼
Financial debts170/4€13k€7k▼
Amounts payable within one year42/48€29k€32k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€199€0▼
Credit institutions430/8€199€0▼
Trade debts44€8k€4k▼
Suppliers440/4€8k€4k▼
Taxes, remuneration and social security45€2k€8k▲
Taxes450/3€2k€8k▲
Other amounts payable47/48€12k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€9k€2k▼
Non-recurring operating charges66A-€220
Gross operating margin9900€21k€32k▲
Operating profit (loss)9901€11k€26k▲
Financial income75/76B€433€100▼
Recurring financial income75€433€100▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€9k€25k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€6k€18k▲
Profit (loss) for the period to be appropriated9905€6k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€18k▲
Transfer from equity791/2€8k€13k▲
Transfer to equity691/2€0€8k▲
To other reserves6921€0€8k▲
Profit to be distributed694/7€15k€23k▲
Return on contributions (dividend)694€15k€23k▲
The notes to these accounts (13 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
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €18k ▲180%
Operating result €26k, net result €18k, both a record.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2018
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.
Paul Fredericqstraat 709000 GentGround area
5,171 m²
Building footprint
1,123 m²
Volume, LiDAR
11,530 m³
2 parcels, Flanders · tallest building 18.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAJAK
since 20182.280.131.587
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0736/00T002 | Flanders | 5,022 m² | 1 · 1,017 m² | 18.2 m · 3 fl. |
| 44809I0814/00T003 | Flanders | 149 m² | 1 · 106 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,710 EUR awarded · 1,060 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,813 EUR | 163 EUR |
| 2024 | 1 | 396 EUR | 396 EUR |
| 2023 | 1 | 501 EUR | 501 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 13,426 companies in sector 73300 we hold annual accounts for 6,900. 3,747 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2018
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0496171619