Turnover
≈ €260,000 estimated
The micro format states no turnover.
MFJ GROUP
Lifetime
1 annual account with figurespeak €43,449 (2025)
€43,449
peak €15,031 (2025)
€15,031
peak €18,031 (2025)
€18,031
€96,102
Board1 name since 2025
1 director
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Incorporation 02-041 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€96,102 84% of the balance sheet
Financial debts 38%Suppliers 32%Taxes and wages 12%Other 18%
Of this, €59,149 falls due within a year.
Position in the sector
15.8%
Lower solvency than 81% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
2025 accounts filed 76 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,389 companies had the same profile as MFJ GROUP has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
2.1%
stopped another way
1.2%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,389 companies, not a prediction for MFJ GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1021663683
Incorporation
Founding capital of €3,000, 300 shares · Founder: · Appointment: (sole director) · published on 02-04-2025 · Gazette deed
First establishment
Rue Ferdinand Nicolay 39, Saint-Nicolas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MFJ GROUP Saint-Nicolas | €114,133 | €43,449 | 15.8% | - |
| WOOD WEIJN Ciney | €110,893 | €37,387 | 23.8% | - |
| Menuiserie DM Jodoigne | €115,778 | €40,543 | 27.1% | - |
| DB Houtwerken Maaseik | €100,948 | €44,111 | 38.3% | - |
| BZ Worx Bocholt | €112,440 | €51,143 | 29.2% | - |
| MENUISERIE DORVAL CÉDRIC Namur | €103,980 | €42,100 | 8.6% | - |
| HRT MENUISERIE Namur | €133,554 | €49,095 | 5.5% | - |
These companies have the same main activity as MFJ GROUP: joinery installation (NACE 43320). They are comparable in size and age: total assets between €101,000 and €134,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 31-03-2025Normal situation
- Activity
- Joinery installationNACE 43320and 2 others
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.372.048.4904420 Saint-Nicolas, since 31-03-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Insights on MFJ GROUP
The 2025 annual accounts show equity of €18,031 and a net result of €15,031. Its solvency ranks better than 18% of 37,177 sector peers (NACE 43, financial year 2025).
The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MFJ GROUP
- What is the company number of MFJ GROUP?
- The company number of MFJ GROUP is 1021.663.683. The VAT number is the same number with BE in front: BE 1021.663.683.
- Where is MFJ GROUP based?
- The registered office is at Rue Ferdinand Nicolay 39, 4420 Saint-Nicolas.Company details
- What does MFJ GROUP do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of MFJ GROUP?
- MFJ GROUP is a private limited company (BV).
- When was MFJ GROUP founded?
- MFJ GROUP was founded on 31-03-2025.
- Is MFJ GROUP still active?
- Yes, MFJ GROUP is an active enterprise in the KBO register.
- How many employees does MFJ GROUP have?
- MFJ GROUP had an average of 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MFJ GROUP fall under?
- In its 2025 annual accounts, MFJ GROUP states joint committee 124 (Construction).
- What is the turnover of MFJ GROUP?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €43,449 and 32 comparable companies (NACE 43320). It probably lies between €190,000 and €450,000.
- Is MFJ GROUP profitable?
- In financial year 2025, MFJ GROUP made a profit of €15,031.
- Where can I find the annual accounts of MFJ GROUP?
- MFJ GROUP filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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