MJ CONSTRUCTION
ActiveThe computed 12-month bankruptcy probability of MJ CONSTRUCTION is 2.7% (moderate). The 2025 annual accounts show negative equity (€-320) and a net result of €15k. Equity is shrinking by ~43.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 7431 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+43
Solvency25▲+19
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52 against 0.37 in 2024; short-term debt: 60.9% and cash: 3.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 41
Relative position
BE, all sectors
reference
Sector 41
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
-0.2%
Return on assets
10.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 7431 sector peers (2025).
NBB · sector comparisonPosition among 7431 sector peers
Solvency
better than 12%
← 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 06-08-2026, 6 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 · 4 filingsDeviation from the deadline
2025
6 d late
2024
31 d early
2023
30 d late
2022
24 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-320▲ 97.9%
2024 · €-16k
2022: €10k
2023: €11k
2024: €-16k
2022 → 2025
Total assets
€150k▲ 83.9%
2024 · €82k
2022: €149k
2023: €136k
2024: €82k
2022 → 2025
Net result
€15k
2024 · €-26k
2022: €5k
2023: €792
2024: €-26k
2022 → 2025
Working capital
€-44k▲ 14.9%
2024 · €-51k
2022: €-77k
2023: €-69k
2024: €-51k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€10k-€11k▲ 8.0%€-16k€-320▲ 97.9%
Operating result€7k-€2k▼ 70.7%€-24k€18k
Net result€5k-€792▼ 83.9%€-26k€15k
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 2025: €18k after a loss of €24k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€102k▲ 99.9%
Current assets
€48k▲ 57.0%
Key figures and ratios
EBITDA
€36k▲
2024 · €9k
Cash flow
€34k▲
2024 · €7k
Solvency
-0.2%▲
2024 · -19.1%
Current ratio
0.52▲
2024 · 0.37
Quick ratio
0.52▲
2024 · 0.37
ROA
10.2%▲
2024 · -32.2%
Interest coverage
14.78▲
2024 · 4.58
Debt
€151k▲
2024 · €97k
Debt ≤ 1 year
€91k▲
2024 · €82k
Debt > 1 year
€59k▲
2024 · €16k
Staff costs
€67k▲
2024 · €53k
Equity ratios withheld: equity of €-320 is too small for a meaningful ratio.
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€82k€150k▲
Fixed assets21/28€51k€102k▲
Intangible fixed assets21€35k€30k▼
Tangible fixed assets22/27€16k€72k▲
Plant, machinery and equipment23€12k€14k▲
Furniture and vehicles24€4k€58k▲
Current assets29/58€30k€48k▲
Amounts receivable within one year40/41€27k€42k▲
Trade receivables40€25k€42k▲
Other amounts receivable41€2k€402▼
Cash at bank and in hand54/58-€6k
Deferred charges and accrued income490/1€4k€82▼
Equity and liabilities
Total equity and liabilities10/49€82k€150k▲
Equity10/15€-16k€-320▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-21k€-5k▲
Amounts payable17/49€97k€151k▲
Amounts payable after more than one year17€16k€59k▲
Financial debts170/4€16k€59k▲
Amounts payable within one year42/48€82k€91k▲
Current portion of amounts payable after more than one year42€8k€18k▲
Financial debts43€574-
Credit institutions430/8€574-
Trade debts44€10k€13k▲
Suppliers440/4€10k€13k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€250€384▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€59k€55k▼
Income statement
Code20242025
Remuneration, social security and pensions62€53k€67k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€18k▼
Other operating charges640/8€855€2k▲
Gross operating margin9900€63k€105k▲
Operating profit (loss)9901€-24k€18k▲
Financial income75/76B€1€4▲
Recurring financial income75€1€4▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-26k€15k▲
Profit (loss) for the period9904€-26k€15k▲
Profit (loss) for the period to be appropriated9905€-26k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-5k▲
Profit (loss) brought forward from the previous period14P€6k€-21k▼
The notes to these accounts (10 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-26k ▼3418%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ciney · 1 establishment unit since 2022
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 des Grottes(Conneux) 85590 CineyGround area
472 m²
Building footprint
446 m²
Parcel 91031F0122/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MJ CONSTRUCTION SRL
since 20222.328.099.671
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91031F0122/00L000 | Wallonia | 472 m² | 1 · 446 m² | - |
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
D.i.A Renov
BE 0779.763.994
Braine-le-Comte · Eq €11k
Fix't
BE 0768.411.333
Lubbeek · Eq €11k
Alp-Er
BE 0780.684.407
Lokeren · Eq €11k
MS KOC
BE 0797.635.255
Evergem · Eq €11k
TAGRA
BE 1011.772.554
Kapellen · Eq €11k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 9,527 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
43320Joinery installation
43422Screed work
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:mj.construction.srl@gmail.com
Phone:+32476225101