MJ Construct
ActiveThe computed 12-month bankruptcy probability of MJ Construct is 2.6% (moderate). The 2025 annual accounts show equity of €6k and a net result of €-1k. Its solvency ranks better than 17% of 1291 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency19▲+11
Growth32
Stability82
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 0.2 in 2024), and 86.5% 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.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 33
Relative position
BE, all sectors
reference
Sector 33
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 2025Solvency, return and age of the figures
Solvency
13.5%
Return on assets
-2.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1291 sector peers (2025).
NBB · sector comparisonPosition among 1291 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 2 filingsDeviation from the deadline
2025
26 d late
2024
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 17.7%
2024 · €7k
2024: €7k
2024 → 2025
Total assets
€45k▼ 26.6%
2024 · €61k
2024: €61k
2024 → 2025
Net result
€-1k
2024 · €7k
2024: €7k
2024 → 2025
Working capital
€-1k▲ 96.9%
2024 · €-43k
2024: €-43k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€7k-€6k▼ 17.7%
Operating result€12k-€-180
Net result€7k-€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €180 after €12k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€7k▼ 85.4%
Current assets
€37k▲ 248%
Equity and liabilities €45k
Equity
€6k▼ 17.7%
Debt
€39k▼ 27.8%
The debt ratio falls from 88.0% to 86.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€5k▼
2024 · €16k
Cash flow
€4k▼
2024 · €11k
Solvency
13.5%▲
2024 · 12.0%
Current ratio
0.97▲
2024 · 0.20
Quick ratio
0.97▲
2024 · 0.19
Debt / equity
6.42▼
2024 · 7.31
ROE
-21.5%▼
2024 · 91.8%
ROA
-2.9%▼
2024 · 11.0%
Interest coverage
4.81▼
2024 · 7.76
Debt
€39k▼
2024 · €53k
Debt ≤ 1 year
€39k▼
2024 · €53k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€61k€45k▼
Fixed assets21/28€50k€7k▼
Tangible fixed assets22/27€47k€5k▼
Plant, machinery and equipment23€41k-
Furniture and vehicles24€6k€5k▼
Financial fixed assets28€3k€3k=
Current assets29/58€11k€37k▲
Stocks and contracts in progress3€323-
Contracts in progress37€323-
Amounts receivable within one year40/41€4k€8k▲
Trade receivables40€4k€8k▲
Other amounts receivable41€61-
Cash at bank and in hand54/58€6k€30k▲
Equity and liabilities
Total equity and liabilities10/49€61k€45k▼
Equity10/15€7k€6k▼
Contributions10/11€600€600=
Profit (loss) carried forward14€7k€5k▼
Amounts payable17/49€53k€39k▼
Amounts payable within one year42/48€53k€39k▼
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Other amounts payable47/48€45k€22k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€540€8k▲
Gross operating margin9900€17k€13k▼
Operating profit (loss)9901€12k€-180▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€9k€-1k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€7k€-1k▼
Profit (loss) for the period to be appropriated9905€7k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€5k▼
Profit (loss) brought forward from the previous period14P-€7k
The notes to these accounts (7 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 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Mol · 1 establishment unit since 2024
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.
Zilvermeerlaan 52400 MolGround area
7,746 m²
Building footprint
294 m²
Volume, LiDAR
1,572 m³
Parcel 13432B2176/00W009, Flanders · tallest building 14.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MJ Construct
since 20242.357.136.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13432B2176/00W009 | Flanders | 7,746 m² | 1 · 294 m² | 14.4 m · 2 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.
Similar companies · same sector, comparable size
M-repair
BE 1011.036.740
Oud-Turnhout · Eq €6k
Furka DB
BE 0456.557.026
Kortrijk · Eq €6k
DMS Industrie
BE 0787.383.345
Andenne · Eq €6k
Mechaman
BE 0784.448.797
Boom · Eq €6k
SVH-Works
BE 1007.744.975
Nazareth · Eq €6k
Of 3,705 companies in sector 33120 we hold annual accounts for 1,334. 454 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2024
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
43110Demolition
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43990Other specialised construction activities
43999Specialised construction activities
85510Sports and recreation education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.