MDJM
ActiveSummary
The computed 12-month bankruptcy probability of MDJM is 2.3% (moderate). The 2024 annual accounts show equity of €49,706 and a net result of €7,685. Equity is growing by ~7.6% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 39 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 1,599 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,599 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,500 | €41,120 | €42,173 | €42,270 | €42,270 | = |
| Other operating charges640/8 | - | €9,740 | €9,978 | €10,935 | €11,188 | ▲ 2.3% |
| Gross operating margin9900 | €65,412 | €57,999 | €61,209 | €67,131 | €68,652 | ▲ 2.3% |
| Operating profit (loss)9901 | -€11,908 | €7,139 | €9,058 | €13,926 | €15,194 | ▲ 9.1% |
| Financial charges65/66B | - | €9,730 | €8,682 | €8,219 | €7,509 | ▼ 8.6% |
| Recurring financial charges65 | €11,063 | €9,730 | €8,682 | €8,219 | €7,509 | ▼ 8.6% |
| Profit (loss) for the period before taxes9903 | -€22,971 | -€2,591 | €377 | €5,707 | €7,685 | ▲ 34.7% |
| Profit (loss) for the period9904 | -€22,971 | -€2,591 | €377 | €5,707 | €7,685 | ▲ 34.7% |
| Profit (loss) for the period to be appropriated9905 | -€22,971 | -€2,591 | €377 | €5,707 | €7,685 | ▲ 34.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €739,813 | €791,836 | €741,974 | €692,984 | €667,603 | ▼ 3.7% |
| Fixed assets21/28 | €663,537 | €696,301 | €653,628 | €611,358 | €569,088 | ▼ 6.9% |
| Tangible fixed assets22/27 | €663,537 | €696,301 | €653,628 | €611,358 | €569,088 | ▼ 6.9% |
| Land and buildings22 | - | €685,056 | €642,328 | €601,600 | €560,873 | ▼ 6.8% |
| Plant, machinery and equipment23 | - | €11,245 | €11,300 | €9,758 | €8,215 | ▼ 15.8% |
| Current assets29/58 | €76,276 | €95,535 | €88,346 | €81,626 | €98,515 | ▲ 20.7% |
| Amounts receivable within one year40/41 | - | €15,000 | €17,000 | €15,500 | €15,500 | = |
| Other amounts receivable41 | - | €15,000 | €17,000 | €15,500 | €15,500 | = |
| Cash at bank and in hand54/58 | €7,166 | €1,425 | €5,557 | €1,176 | €12,159 | ▲ 934% |
| Deferred charges and accrued income490/1 | - | €79,110 | €65,789 | €64,950 | €70,856 | ▲ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €739,813 | €791,836 | €741,974 | €692,984 | €667,603 | ▼ 3.7% |
| Equity10/15 | €38,529 | €35,938 | €36,314 | €42,021 | €49,706 | ▲ 18.3% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Profit (loss) carried forward14 | -€22,971 | -€25,562 | -€25,186 | -€19,479 | -€11,794 | ▲ 39.5% |
| Amounts payable17/49 | €701,284 | €755,898 | €705,660 | €650,963 | €617,897 | ▼ 5.1% |
| Amounts payable after more than one year17 | €550,558 | €607,542 | €563,934 | €519,747 | €474,930 | ▼ 8.6% |
| Financial debts170/4 | - | €607,542 | €563,934 | €519,747 | €474,930 | ▼ 8.6% |
| Amounts payable within one year42/48 | €150,726 | €148,245 | €141,591 | €131,069 | €142,961 | ▲ 9.1% |
| Current portion of amounts payable after more than one year42 | - | €43,015 | €43,608 | €44,188 | €44,817 | ▲ 1.4% |
| Trade debts44 | €22,383 | €19,317 | €12,071 | €969 | €12,232 | ▲ 1,162% |
| Suppliers440/4 | - | €19,317 | €12,071 | €969 | €12,232 | ▲ 1,162% |
| Other amounts payable47/48 | - | €85,912 | €85,912 | €85,912 | €85,912 | = |
| Accrued charges and deferred income492/3 | - | €111 | €134 | €147 | €6 | ▼ 95.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,971 | -€2,591 | €377 | €5,707 | €7,685 | ▲ 34.7% |
| + Depreciation and write-downs630 | €59,500 | €41,120 | €42,173 | €42,270 | €42,270 | = |
| Operating cash flow (approximation) | €36,528 | €38,529 | €42,550 | €47,976 | €49,955 | ▲ 4.1% |
| Investment in fixed assets (approximation) | - | -€73,885 | €500 | €0 | €0 | - |
| Change in cash | - | -€5,742 | €4,133 | -€4,382 | €10,983 | ▲ 351% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
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.
Zon.Ind. de Ruette-Latour,Ruette 16760 Virton1 establishment unit
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.