MAJAS
ActiveThe file of MAJAS contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2025 annual accounts show negative equity (€-13k) and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 13044 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency57▲+7
Growth32▼-26
Stability60
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.58 against 1.26 in 2024), but equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-12.3%
Return on assets
-9.4%
Age of the figures
17 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€13k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 05-12-2025, 35 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
35 d late
2024
9 d early
2023
40 d early
2022
117 d early
2021
122 d late
2020
37 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-13k▼ 330%
2024 · €-3k
2019: €21k
2020: €13k
2021: €-6k
2022: €-28k
2023: €-41k
2024: €-3k
2019 → 2025
Total assets
€108k▲ 45.2%
2024 · €74k
2019: €45k
2020: €45k
2021: €42k
2022: €36k
2023: €27k
2024: €74k
2019 → 2025
Net result
€-10k
2024 · €38k
2019: €15k
2020: €-9k
2021: €-19k
2022: €-22k
2023: €-21k
2024: €38k
2019 → 2025
Working capital
€33k▲ 199%
2024 · €11k
2019: €-17k
2020: €-28k
2021: €-20k
2022: €522
2023: €-19k
2024: €11k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-6k-€-28k▼ 373%€-41k▼ 46.2%€-3k▲ 92.5%€-13k▼ 330%
Operating result€-18k-€-16k▲ 9.0%€-21k▼ 25.2%€33k€26k▼ 22.0%
Net result€-19k-€-22k▼ 18.0%€-21k▲ 6.8%€38k€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108k
Fixed assets
€19k▼ 7.6%
Current assets
€89k▲ 65.9%
Key figures and ratios
EBITDA
€27k▼
2024 · €36k
Cash flow
€-9k▼
2024 · €41k
Solvency
-12.3%▼
2024 · -4.1%
Current ratio
1.58▲
2024 · 1.26
Quick ratio
1.54▲
2024 · 1.19
Debt / equity
-9.16▲
2024 · -25.16
ROE
76.7%
ROA
-9.4%▼
2024 · 51.2%
Interest coverage
1.27▼
2024 · 231.45
Debt
€121k▲
2024 · €78k
Debt ≤ 1 year
€56k▲
2024 · €43k
Debt > 1 year
€31k▼
2024 · €35k
Income taxes
€14k
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€74k€108k▲
Fixed assets21/28€21k€19k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€845-
Furniture and vehicles24€513€276▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€15k€15k=
Current assets29/58€53k€89k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€48k€80k▲
Trade receivables40€48k€80k▲
Cash at bank and in hand54/58€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€74k€108k▲
Equity10/15€-3k€-13k▼
Contributions10/11€14k€14k=
Capital10€14k€14k=
Issued capital100€19k€19k=
Uncalled capital101€5k€5k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-19k€-29k▼
Amounts payable17/49€78k€121k▲
Amounts payable after more than one year17€35k€31k▼
Financial debts170/4-€10k
Other amounts payable178/9€35k€21k▼
Amounts payable within one year42/48€43k€56k▲
Current portion of amounts payable after more than one year42-€11k
Trade debts44€30k€43k▲
Suppliers440/4€30k€43k▲
Taxes, remuneration and social security45€12k€2k▼
Taxes450/3€12k€2k▼
Remuneration and social security454/9-€8
Accrued charges and deferred income492/3-€34k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€911€3k▲
Gross operating margin9900€37k€30k▼
Operating profit (loss)9901€33k€26k▼
Financial income75/76B€5k-
Recurring financial income75€5k-
Financial charges65/66B€154€22k▲
Recurring financial charges65€154€22k▲
Profit (loss) for the period before taxes9903€38k€4k▼
Income taxes67/77-€14k
Profit (loss) for the period9904€38k€-10k▼
Profit (loss) for the period to be appropriated9905€38k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-29k▼
Profit (loss) brought forward from the previous period14P€-57k€-19k▲
The notes to these accounts (5 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
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 35 days late
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €38k
Net result €38k after 4 loss-making years.
31-03
Financial
Liquidity times 9current ratio 1.26
Current ratio from 0.15 to 1.26.
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-07
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Antwerpen · 20220012 · event 14-07-2022
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
19-04
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collectif · event 13-04-2022
31-03
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity quadruplescurrent ratio 1.15
Current ratio from 0.29 to 1.15; short-term debt falls from €28k to €3k.
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Schilde · 1 establishment unit since 2017
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.
Turnhoutsebaan 1552970 SchildeGround area
1,206 m²
Building footprint
730 m²
Volume, LiDAR
4,203 m³
Parcel 11039D0163/00Y003, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SCHIL DORP
since 20172.268.435.169
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039D0163/00Y003 | Flanders | 1,206 m² | 1 · 730 m² | 12.9 m · 2 fl. |
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.
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Of 13,834 companies in sector 56301 we hold annual accounts for 4,808. 3,674 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-09-2017
Fiscal year end31-03
Activities, NACEBEL
56301Cafés and bars
93291Sports, amusement and recreation activities
93292Sports, amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.