MAJE
ActiveThe computed 12-month bankruptcy probability of MAJE is 4.2% (elevated). The 2024 annual accounts show equity of €160k and a net result of €123k. Equity is growing by ~117.5% per year across the filed fiscal years. Its solvency ranks better than 65% of 18942 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+90
Solvency72▲+22
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 1.79 against 1.14 in 2023; short-term debt: 52.8% and cash: 0.3% of total assets), but 52.8% 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.
+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 · 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
56 d late
2022
86 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€328k
EBIT margin
14.1%
Net result
€123k
2023 · €-11k
2022: €38k
2023: €-11k
2022 → 2024
Working capital
€141k▲ 785%
2023 · €16k
2022: €47k
2023: €16k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€328k-
Equity€48k-€37k▼ 22.3%€160k▲ 331%
Operating result€46k-€-4k€168k
Net result€38k-€-11k€123k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €168k after a loss of €4k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €339k
Fixed assets
€19k▼ 10.3%
Current assets
€320k▲ 153%
Equity and liabilities €339k
Equity
€160k▲ 331%
Debt
€179k▲ 61.8%
The debt ratio falls from 74.9% to 52.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€170k▲
2023 · €-4k
Cash flow
€125k▲
2023 · €-10k
Solvency
47.2%▲
2023 · 25.1%
Current ratio
1.79▲
2023 · 1.14
Quick ratio
1.76▲
2023 · 1.14
Debt / equity
1.12▼
2023 · 2.98
ROE
76.8%▲
2023 · -28.7%
ROA
36.2%▲
2023 · -7.2%
Interest coverage
118.38▲
2023 · -1.11
Debt
€179k▲
2023 · €111k
Debt ≤ 1 year
€179k▲
2023 · €111k
Income taxes
€44k▲
2023 · €3k
Staff costs
€35k▲
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€148k€339k▲
Fixed assets21/28€21k€19k▼
Tangible fixed assets22/27€21k€19k▼
Other tangible fixed assets26€21k€19k▼
Current assets29/58€127k€320k▲
Stocks and contracts in progress3-€6k
Stocks30/36-€6k
Amounts receivable within one year40/41€116k€313k▲
Trade receivables40€42k€12k▼
Other amounts receivable41€75k€301k▲
Cash at bank and in hand54/58€10k€1k▼
Equity and liabilities
Total equity and liabilities10/49€148k€339k▲
Equity10/15€37k€160k▲
Contributions10/11€10k€10k=
Capital10€10k€10k=
Issued capital100€10k€10k=
Reserves13€2k€124k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133-€123k
Profit (loss) carried forward14€25k€25k▲
Amounts payable17/49€111k€179k▲
Amounts payable within one year42/48€111k€179k▲
Trade debts44€85k€109k▲
Suppliers440/4€85k€109k▲
Taxes, remuneration and social security45€16k€60k▲
Taxes450/3€14k€59k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€10k€10k=
Income statement
Code20232024
Remuneration, social security and pensions62€17k€35k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€578€2k▲
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A€17k€12k▼
Gross operating margin9900€32k€222k▲
Operating profit (loss)9901€-4k€168k▲
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€-8k€167k▲
Income taxes67/77€3k€44k▲
Profit (loss) for the period9904€-11k€123k▲
Profit (loss) for the period to be appropriated9905€-11k€123k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€148k▲
Profit (loss) brought forward from the previous period14P€36k€25k▼
Transfer to equity691/2-€123k
To other reserves6921-€123k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Back to profitnet €123k
Net result €123k after one loss-making year.
31-12
Financial
Equity above €150kEq €160k ▲331%
Equity rises from €37k to €160k.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-12
Financial
Weakest financial yearnet €-11k ▼128%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
Financial 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, Quiévrain · 1 establishment unit since 2021
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.
Rue Grande 477380 QuiévrainGround area
885 m²
Building footprint
173 m²
Volume, LiDAR
1,536 m³
Parcel 53068A1055/00F000, Wallonia · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAJE
since 20212.322.246.514
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53068A1055/00F000 | Wallonia | 885 m² | 1 · 173 m² | 12.1 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteQuiévrain2.322.246.514
Similar companies · same sector, comparable size
‘T FRIETHUYS
BE 0790.521.393
Gistel · Eq €160k
HERBOB
BE 0806.896.676
Rijkevorsel · Eq €160k
ZHOU
BE 0627.787.661
Lummen · Eq €159k
Sani Michael Lion Enisa Sanjin
BE 0647.782.232
Mortsel · Eq €159k
HPB DOCKS BV
BE 0744.446.492
Antwerpen · Eq €159k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 7,153 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2021
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:yucetasm@hotmail.be
Phone:0484/143650