MJ EUPEN
Annual accounts 2024
micro format, filed on 30-09-2025, 61 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €220,000. Estimated: probably between €120,000 and €390,000.
Balance sheet
balance sheet total €246,665 on 31-12-2024in euro
in euro
Position in the sector
-64.6%
Higher than 10% of 25,553 companies in 2024.
0.41
Higher than 11% of 24,612 companies in 2024.
-43.4%
Higher than 6% of 24,781 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€32,215
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2024, 11 people joined and 12 left. Training hours in 2024: 638.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
246,665 | 297,075 | |
21/28 |
131,755 | 151,136 | |
22/27 |
131,205 | 150,586 | |
22 |
- | 60,279 | |
24 |
50,725 | - | |
26 |
80,480 | 90,307 | |
28 |
550 | 550 | |
29/58 |
114,911 | 145,940 | |
3 |
62,505 | 65,873 | |
30/36 |
62,505 | 65,873 | |
40/41 |
14,647 | 30,295 | |
40 |
4,005 | 20,342 | |
41 |
10,642 | 9,953 | |
54/58 |
33,671 | 43,282 | |
490/1 |
4,088 | 6,490 | |
| Balance sheet: equity and liabilities | |||
10/49 |
246,665 | 297,075 | |
10/15 |
-159,423 | -52,407 | |
10/11 |
6,400 | 6,400 | |
14 |
-165,823 | -58,807 | |
17/49 |
406,089 | 349,483 | |
17 |
120,827 | 146,342 | |
170/4 |
120,827 | 146,342 | |
42/48 |
282,565 | 200,441 | |
42 |
25,516 | 24,298 | |
44 |
198,938 | 124,551 | |
440/4 |
198,938 | 124,551 | |
45 |
4,606 | 15,951 | |
450/3 |
4,569 | 11,694 | |
454/9 |
37 | 4,257 | |
47/48 |
53,506 | 35,641 | |
492/3 |
2,697 | 2,700 | |
| Income statement | |||
9900 |
45,654 | 69,582 | |
62 |
112,753 | 94,150 | |
630 |
24,745 | 20,019 | |
640/8 |
4,882 | 5,701 | |
9901 |
-96,726 | -50,288 | |
75/76B |
- | 0 | |
75 |
- | 0 | |
65/66B |
9,842 | 8,520 | |
65 |
9,842 | 8,520 | |
9903 |
-106,569 | -58,807 | |
67/77 |
447 | - | |
9904 |
-107,016 | -58,807 | |
9905 |
-107,016 | -58,807 | |
| Appropriation of the result | |||
9906 |
-165,823 | -58,807 | |
14P |
-58,807 | - | |
| Social balance sheet | |||
9087 |
3.5 | 3.9 | |
Hours worked1013 |
4,897 | 5,019 | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 30-09-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 61 days after the deadline. Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00520566.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| -71,981 | -30,269 | ||
| -82,271 | -38,789 | ||
| 5,364 | 171,154 | ||
| -9,610 | - | ||
| -167,655 | -54,501 | ||
| -64.6% | -17.6% | ||
| 0.41 | 0.73 | ||
| 0.19 | 0.40 | ||
| -43.4% | -19.8% | ||
| -7.31 | -3.55 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | 4 | 5 |
| full-time | 1 | 1 |
| part-time | 3 | 4 |
| in full-time equivalents | 2.9 | 4.1 |
| 3.2 | 3.9 | |
| On a permanent contract | 2 | 3 |
| Joined | 11 | 20 |
| Left | 12 | 15 |
| Training hours | 638 | - |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2024 | 2023 |
|---|---|---|
| Tangible fixed assets | €5,364 | €170,604 |
| Financial fixed assets | - | €550 |
| €24,745 | €20,019 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Insights on MJ EUPEN
The operating result for 2024 is a loss of €96,726, larger than the loss of €50,288 in 2023.
Equity is negative. Debt (€406,089) exceeds the balance-sheet total (€246,665).