MAJOSIE
ActiveThe computed 12-month bankruptcy probability of MAJOSIE is 1.9% (moderate). The 2024 annual accounts show equity of €21k and a net result of €48k. Its solvency ranks better than 39% of 15868 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency50▲+50
Growth78
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 0.44 in 2023; short-term debt: 71.3% of total assets), and 75.4% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 2024Solvency, return and age of the figures
Solvency
24.6%
Return on assets
57%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€21k
2023 · €-15k
2023: €-15k
2023 → 2024
Total assets
€85k▲ 526%
2023 · €14k
2023: €14k
2023 → 2024
Net result
€48k
2023 · €-18k
2023: €-18k
2023 → 2024
Working capital
€24k
2023 · €-16k
2023: €-16k
2023 → 2024
Multi-year overview
Available amounts per fiscal year
Line20232024Trend
Equity€-15k-€21k
Operating result€-17k-€60k
Net result€-18k-€48k
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: €60k after a loss of €17k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €85k
Fixed assets
€572▼ 24.0%
Current assets
€84k▲ 558%
Equity and liabilities €85k
Equity
€21k
Debt
€64k
Debt finances 75.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€60k▲
2023 · €-17k
Cash flow
€49k▲
2023 · €-18k
Solvency
24.6%▲
2023 · -114.4%
Current ratio
1.39▲
2023 · 0.44
Quick ratio
1.39▲
2023 · 0.44
Debt / equity
3.06▲
2023 · -1.87
ROE
231.8%
ROA
57.0%▲
2023 · -136.6%
Interest coverage
19.07▲
2023 · -9.40
Debt
€64k▲
2023 · €29k
Debt ≤ 1 year
€60k▲
2023 · €29k
Income taxes
€8k
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€14k€85k▲
Fixed assets21/28€753€572▼
Tangible fixed assets22/27€753€572▼
Furniture and vehicles24€753€572▼
Current assets29/58€13k€84k▲
Amounts receivable within one year40/41€13k€81k▲
Trade receivables40€1k€959▼
Other amounts receivable41€11k€80k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€14k€85k▲
Equity10/15€-15k€21k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-18k€18k▲
Amounts payable17/49€29k€64k▲
Amounts payable within one year42/48€29k€60k▲
Financial debts43€13k€17k▲
Credit institutions430/8€13k€17k▲
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Taxes, remuneration and social security45€7k€22k▲
Taxes450/3€7k€22k▲
Other amounts payable47/48-€12k
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152€181▲
Other operating charges640/8€460€737▲
Gross operating margin9900€-16k€61k▲
Operating profit (loss)9901€-17k€60k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-18k€57k▲
Income taxes67/77-€8k
Profit (loss) for the period9904€-18k€48k▲
Profit (loss) for the period to be appropriated9905€-18k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€30k▲
Profit (loss) brought forward from the previous period14P-€-18k
Profit to be distributed694/7-€12k
Directors or managers695-€12k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.39
Current ratio from 0.44 to 1.39.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 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 2023
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.
Wijngaardstraat 309000 GentGround area
358 m²
Building footprint
132 m²
Volume, LiDAR
798 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAJOSIE
since 20232.342.252.565
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302E0901/00S000 | Flanders | 337 m² | 1 · 111 m² | 9.8 m · 2 fl. |
| 44815F0819/00C000 | Flanders | 21 m² | 1 · 21 m² | 7.9 m · 2 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.
Similar companies · same sector, comparable size
APIX
BE 0755.327.023
Mont-Saint-Guibert · Eq €21k
VAMATA
BE 1007.005.005
Zwevegem · Eq €21k
GOETHALS ALEX
BE 0875.232.780
Kortrijk · Eq €21k
DGL Trading
BE 0663.577.295
Gembloux · Eq €20k
DW PENSAERT
BE 0863.351.864
Herzele · Eq €20k
Of 1,745 companies in sector 46150 we hold annual accounts for 757. 472 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2023
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.