MJ EUPEN
Open bankruptcyA bankruptcy procedure is open for MJ EUPEN according to publications in the Belgian State Gazette; curator: OLIVIER VALANGE.
Summary
The 2024 annual accounts show negative equity (€-159k) and a net result of €-107k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-159k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
9 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-159k▼ 204%
2023 · €-52k
Total assets
€247k▼ 17.0%
2023 · €297k
Net result
€-107k▼ 82.0%
2023 · €-59k
Working capital
€-168k▼ 208%
2023 · €-55k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€-50k-€-97k▼ 92.3%
Net result€-59k-€-107k▼ 82.0%
Equity€-52k-€-159k▼ 204%
Total assets€297k-€247k▼ 17.0%
Debt€349k-€406k▲ 16.2%
Working capital€-55k-€-168k▼ 208%
Staff (FTE)3.9-3.5▼ 10.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €97k in 2024 against €50k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €247k
Fixed assets
€132k ▼ 12.8%
Current assets
€115k ▼ 21.3%
Key figures and ratios
EBITDA
€-72k▼
2023 · €-30k
Cash flow
€-82k▼
2023 · €-39k
Solvency
-64.6%▼
2023 · -17.6%
Current ratio
0.41▼
2023 · 0.73
Quick ratio
0.19▼
2023 · 0.40
Debt to equity
-2.55▲
2023 · -6.67
ROA
-43.4%▼
2023 · -19.8%
Interest coverage
-7.31▼
2023 · -3.55
Debt ≤ 1 year
€283k▲
2023 · €200k
Debt > 1 year
€121k▼
2023 · €146k
Income taxes
€447
Staff costs
€113k▲
2023 · €94k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €94k | €113k | ▲ 19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €25k | ▲ 23.6% |
| Other operating charges640/8 | €6k | €5k | ▼ 14.4% |
| Gross operating margin9900 | €70k | €46k | ▼ 34.4% |
| Operating profit (loss)9901 | €-50k | €-97k | ▼ 92.3% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €9k | €10k | ▲ 15.5% |
| Recurring financial charges65 | €9k | €10k | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | €-59k | €-107k | ▼ 81.2% |
| Income taxes67/77 | - | €447 | - |
| Profit (loss) for the period9904 | €-59k | €-107k | ▼ 82.0% |
| Profit (loss) for the period to be appropriated9905 | €-59k | €-107k | ▼ 82.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €297k | €247k | ▼ 17.0% |
| Fixed assets21/28 | €151k | €132k | ▼ 12.8% |
| Tangible fixed assets22/27 | €151k | €131k | ▼ 12.9% |
| Land and buildings22 | €60k | - | - |
| Furniture and vehicles24 | - | €51k | - |
| Other tangible fixed assets26 | €90k | €80k | ▼ 10.9% |
| Financial fixed assets28 | €550 | €550 | = |
| Current assets29/58 | €146k | €115k | ▼ 21.3% |
| Stocks and contracts in progress3 | €66k | €63k | ▼ 5.1% |
| Stocks30/36 | €66k | €63k | ▼ 5.1% |
| Amounts receivable within one year40/41 | €30k | €15k | ▼ 51.7% |
| Trade receivables40 | €20k | €4k | ▼ 80.3% |
| Other amounts receivable41 | €10k | €11k | ▲ 6.9% |
| Cash at bank and in hand54/58 | €43k | €34k | ▼ 22.2% |
| Deferred charges and accrued income490/1 | €6k | €4k | ▼ 37.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €297k | €247k | ▼ 17.0% |
| Equity10/15 | €-52k | €-159k | ▼ 204% |
| Contributions10/11 | €6k | €6k | = |
| Profit (loss) carried forward14 | €-59k | €-166k | ▼ 182% |
| Amounts payable17/49 | €349k | €406k | ▲ 16.2% |
| Amounts payable after more than one year17 | €146k | €121k | ▼ 17.4% |
| Financial debts170/4 | €146k | €121k | ▼ 17.4% |
| Amounts payable within one year42/48 | €200k | €283k | ▲ 41.0% |
| Current portion of amounts payable after more than one year42 | €24k | €26k | ▲ 5.0% |
| Trade debts44 | €125k | €199k | ▲ 59.7% |
| Suppliers440/4 | €125k | €199k | ▲ 59.7% |
| Taxes, remuneration and social security45 | €16k | €5k | ▼ 71.1% |
| Taxes450/3 | €12k | €5k | ▼ 60.9% |
| Remuneration and social security454/9 | €4k | €37 | ▼ 99.1% |
| Other amounts payable47/48 | €36k | €54k | ▲ 50.1% |
| Accrued charges and deferred income492/3 | €3k | €3k | ▼ 0.1% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-59k | €-107k | ▼ 82.0% |
| + Depreciation and write-downs630 | €20k | €25k | ▲ 23.6% |
| Operating cash flow (approximation) | €-39k | €-82k | ▼ 112% |
| Investment in fixed assets (approximation) | - | €-5k | - |
| Change in cash | - | €-10k | - |
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
2026
01-04
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 19-02-2026
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
SignalNBB filing
0 of 1 act read
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.
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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, Fosses-la-Ville · 1 establishment unit since 2023
Ground area
3,273 m²
Building footprint
168 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
MJ EUPEN
since 20232.341.506.358
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63004A0387/00F000indicative | Wallonia | 2,273 m² | 1 · 74 m² | - |
| 92110A0363/00H000 | Wallonia | 1,000 m² | 1 · 94 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | OLIVIER VALANGE RUE NICOLAS HAUZEUR 8,
5590 CINEY |
19-02-2026 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,498 companies in sector 47716 we hold annual accounts for 2,438. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47713Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Scores and ratios are computed by Checked and are not a credit decision.