MAJUCEM
ActiveThe computed 12-month bankruptcy probability of MAJUCEM is 1.7% (moderate). The 2026 annual accounts show equity of €42k and a net result of €6k. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 46% of 148 sector peers (fiscal year 2026). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
73
/ 100
Healthy▲ +15 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability74▼-26
Solvency54▲+14
Growth78=
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.18 in 2025), but 72.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
27.3%
Return on assets
4.1%
Age of the figures
7 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 31-08-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2026
on the day
2025
30 d early
2024
8 d early
2023
3 d early
2022
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-01-2027 close31-08-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€42k▲ 17.5%
2025 · €36k
2022: €16k
2023: €16k
2024: €26k
2025: €36k
2022 → 2026
Total assets
€153k▲ 6.0%
2025 · €145k
2022: €141k
2023: €143k
2024: €151k
2025: €145k
2022 → 2026
Net result
€6k▼ 34.4%
2025 · €9k
2022: €1k
2023: €-90
2024: €10k
2025: €9k
2022 → 2026
Working capital
€48k▲ 144%
2025 · €20k
2022: €14k
2023: €6k
2024: €9k
2025: €20k
2022 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€16k-€16k▼ 0.6%€26k▲ 59.9%€36k▲ 36.3%€42k▲ 17.5%
Operating result€7k-€3k▼ 58.8%€16k▲ 482%€15k▼ 5.9%€12k▼ 17.3%
Net result€1k-€-90€10k€9k▼ 3.1%€6k▼ 34.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2026 is 17% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €153k
Fixed assets
€12k▼ 24.3%
Current assets
€141k▲ 9.7%
Equity and liabilities €153k
Equity
€42k▲ 17.5%
Debt
€112k▲ 2.2%
The debt ratio falls from 75.4% to 72.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€16k▼
2025 · €20k
Cash flow
€10k▼
2025 · €15k
Solvency
27.3%▲
2025 · 24.6%
Current ratio
1.52▲
2025 · 1.18
Quick ratio
0.09▲
2025 · 0.07
Debt / equity
2.67▼
2025 · 3.07
ROE
14.9%▼
2025 · 26.6%
ROA
4.1%▼
2025 · 6.5%
Interest coverage
4.41▼
2025 · 10.46
Debt
€112k▲
2025 · €109k
Debt ≤ 1 year
€93k▼
2025 · €109k
Debt > 1 year
€18k
Income taxes
€2k▼
2025 · €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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€145k€153k▲
Fixed assets21/28€16k€12k▼
Tangible fixed assets22/27€16k€12k▼
Furniture and vehicles24€2k€603▼
Other tangible fixed assets26€14k€11k▼
Current assets29/58€129k€141k▲
Stocks and contracts in progress3€122k€133k▲
Stocks30/36€122k€133k▲
Amounts receivable within one year40/41€4k€5k▲
Trade receivables40€4k€5k▲
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€759-
Equity and liabilities
Total equity and liabilities10/49€145k€153k▲
Equity10/15€36k€42k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€21k€27k▲
Amounts payable17/49€109k€112k▲
Amounts payable after more than one year17-€18k
Financial debts170/4-€18k
Amounts payable within one year42/48€109k€93k▼
Current portion of amounts payable after more than one year42€4k€13k▲
Trade debts44€61k€41k▼
Suppliers440/4€61k€41k▼
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€13k€10k▼
Other amounts payable47/48€31k€28k▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€4k▼
Other operating charges640/8€614€587▼
Gross operating margin9900€21k€17k▼
Operating profit (loss)9901€15k€12k▼
Financial income75/76B€14€35▲
Recurring financial income75€14€35▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€13k€9k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€9k€6k▼
Profit (loss) for the period to be appropriated9905€9k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€27k▲
Profit (loss) brought forward from the previous period14P€11k€21k▲
The notes to these accounts (8 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 2027, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
Financial
Weakest financial yearnet €-90 ▼106%
Net result drops to €-90, the lowest in the series; recovery starts the following year.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Saint-Georges-sur-Meuse · 1 establishment unit since 2020
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 du Bec 34470 Saint-Georges-sur-MeuseGround area
5,209 m²
Building footprint
335 m²
Volume, LiDAR
3,608 m³
2 parcels, Wallonia · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue Campagne du Moulin 2, 4470 Saint-Georges-sur-Meuse
since 20202.302.753.670
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64065B0510/00R000 | Wallonia | 3,323 m² | 1 · 104 m² | 10.5 m · 3 fl. |
| 64065C0099/00W003 | Wallonia | 1,886 m² | 1 · 231 m² | 13.0 m · 4 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.
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Interieur NATUREL
BE 0459.149.401
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Wondergoed
BE 1000.463.245
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FIDOUCIA
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Of 519 companies in sector 47714 we hold annual accounts for 263. 215 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2020
Fiscal year end31-01
Activities, NACEBEL
47714Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.