MJ-LINE
ActiveSummary
MJ-LINE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-26k) and a net result of €20k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 16% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+17
Solvency1▲+1
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 7.85 against 8.7 in 2024; short-term debt: 11.4% and cash: 75.6% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
-24.2%
Return on assets
18.2%
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 16% of 18400 sector peers (2025).
NBB · sector comparisonPosition among 18400 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
27 d early
2023
41 d early
2022
291 d late
2021
39 d early
2020
187 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-26k▲ 42.9%
2024 · €-46k
2018: €-30k
2019: €-31k▼ -3.8% vs 2018
2020: €-35k▼ -13.3% vs 2019
2021: €-54k▼ -51.6% vs 2020lowest in 8 years
2022: €-51k▲ +5.0% vs 2021
2023: €-50k▲ +1.3% vs 2022
2024: €-46k▲ +7.8% vs 2023
2025: €-26k▲ +42.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€109k▲ 20.1%
2024 · €91k
2018: €107k
2019: €107k▼ -0.1% vs 2018
2020: €117k▲ +9.0% vs 2019highest in 8 years
2021: €108k▼ -7.2% vs 2020
2022: €98k▼ -9.4% vs 2021
2023: €94k▼ -4.4% vs 2022
2024: €91k▼ -3.0% vs 2023lowest in 8 years
2025: €109k▲ +20.1% vs 2024
2018 → 2025
Net result
€20k▲ 408%
2024 · €4k
2018: €-3k
2019: €-1k▲ +64.5% vs 2018
2020: €-4k▼ -259% vs 2019
2021: €-18k▼ -341% vs 2020lowest in 8 years
2022: €3k▲ +115% vs 2021
2023: €665▼ -75.0% vs 2022
2024: €4k▲ +488% vs 2023
2025: €20k▲ +408% vs 2024highest in 8 years
2018 → 2025
Working capital
€86k▲ 37.9%
2024 · €62k
2018: €45k
2019: €50k▲ +10.1% vs 2018
2020: €54k▲ +8.3% vs 2019
2021: €40k▼ -25.3% vs 2020
2022: €39k▼ -3.5% vs 2021lowest in 8 years
2023: €48k▲ +25.3% vs 2022
2024: €62k▲ +28.0% vs 2023
2025: €86k▲ +37.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-54k-€-51k▲ 5.0%€-50k▲ 1.3%€-46k▲ 7.8%€-26k▲ 42.9%
2021: €-54klowest in 5 years
2022: €-51k▲ +5.0% vs 2021
2023: €-50k▲ +1.3% vs 2022
2024: €-46k▲ +7.8% vs 2023
2025: €-26k▲ +42.9% vs 2024highest in 5 years
Operating result€-17k-€4k€2k▼ 50.7%€5k▲ 141%€20k▲ 327%
2021: €-17klowest in 5 years
2022: €4k▲ +123% vs 2021
2023: €2k▼ -50.7% vs 2022
2024: €5k▲ +141% vs 2023
2025: €20k▲ +327% vs 2024highest in 5 years
Net result€-18k-€3k€665▼ 75.0%€4k▲ 488%€20k▲ 408%
2021: €-18klowest in 5 years
2022: €3k▲ +115% vs 2021
2023: €665▼ -75.0% vs 2022
2024: €4k▲ +488% vs 2023
2025: €20k▲ +408% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 327% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109k
Fixed assets
€11k ▼ 46.5%
Current assets
€98k ▲ 39.9%
Key figures and ratios
EBITDA
€30k▲
2024 · €14k
Cash flow
€30k▲
2024 · €14k
Solvency
-24.2%▲
2024 · -50.9%
Current ratio
7.85▼
2024 · 8.70
Quick ratio
6.70▼
2024 · 6.88
Debt to equity
-5.13▼
2024 · -2.96
ROA
18.2%▲
2024 · 4.3%
Interest coverage
47.76▲
2024 · 12.94
Debt
€136k▼
2024 · €137k
Debt ≤ 1 year
€12k▲
2024 · €8k
Debt > 1 year
€123k▼
2024 · €129k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€91k€109k▲
Fixed assets21/28€21k€11k▼
Tangible fixed assets22/27€21k€11k▼
Furniture and vehicles24€21k€11k▼
Financial fixed assets28€230€230=
Current assets29/58€70k€98k▲
Stocks and contracts in progress3€15k€14k▼
Stocks30/36€15k€14k▼
Amounts receivable within one year40/41€7€0▼
Trade receivables40€7€0▼
Cash at bank and in hand54/58€54k€83k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€91k€109k▲
Equity10/15€-46k€-26k▲
Contributions10/11€20k€20k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-69k€-50k▲
Amounts payable17/49€137k€136k▼
Amounts payable after more than one year17€129k€123k▼
Other amounts payable178/9€129k€123k▼
Amounts payable within one year42/48€8k€12k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€12k€11k▼
Gross operating margin9900€26k€41k▲
Operating profit (loss)9901€5k€20k▲
Financial income75/76B€343€514▲
Recurring financial income75€343€514▲
Financial charges65/66B€1k€620▼
Recurring financial charges65€1k€620▼
Profit (loss) for the period before taxes9903€4k€20k▲
Profit (loss) for the period9904€4k€20k▲
Profit (loss) for the period to be appropriated9905€4k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-50k▲
Profit (loss) brought forward from the previous period14P€-73k€-69k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €8k | €10k | €10k | €10k | = |
| Other operating charges640/8 | €9k | €11k | €11k | €12k | €11k | ▼ 6.3% |
| Gross operating margin9900 | €-1k | €23k | €23k | €26k | €41k | ▲ 54.8% |
| Operating profit (loss)9901 | €-17k | €4k | €2k | €5k | €20k | ▲ 327% |
| Financial income75/76B | €398 | €20 | €162 | €343 | €514 | ▲ 50.0% |
| Recurring financial income75 | €398 | €20 | €162 | €343 | €514 | ▲ 50.0% |
| Financial charges65/66B | €1k | €1k | €1k | €1k | €620 | ▼ 44.0% |
| Recurring financial charges65 | €1k | €1k | €1k | €1k | €620 | ▼ 44.0% |
| Profit (loss) for the period before taxes9903 | €-18k | €3k | €665 | €4k | €20k | ▲ 408% |
| Profit (loss) for the period9904 | €-18k | €3k | €665 | €4k | €20k | ▲ 408% |
| Profit (loss) for the period to be appropriated9905 | €-18k | €3k | €665 | €4k | €20k | ▲ 408% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108k | €98k | €94k | €91k | €109k | ▲ 20.1% |
| Fixed assets21/28 | €35k | €40k | €30k | €21k | €11k | ▼ 46.5% |
| Tangible fixed assets22/27 | €35k | €40k | €30k | €21k | €11k | ▼ 47.0% |
| Furniture and vehicles24 | €35k | €40k | €30k | €21k | €11k | ▼ 47.0% |
| Financial fixed assets28 | €230 | €230 | €230 | €230 | €230 | = |
| Current assets29/58 | €73k | €58k | €63k | €70k | €98k | ▲ 39.9% |
| Stocks and contracts in progress3 | €22k | €12k | €8k | €15k | €14k | ▼ 2.1% |
| Stocks30/36 | €22k | €12k | €8k | €15k | €14k | ▼ 2.1% |
| Amounts receivable within one year40/41 | €823 | €62 | €734 | €7 | €0 | ▼ 100% |
| Trade receivables40 | €823 | €62 | €734 | €7 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €48k | €44k | €52k | €54k | €83k | ▲ 52.9% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €1k | €1k | ▼ 20.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108k | €98k | €94k | €91k | €109k | ▲ 20.1% |
| Equity10/15 | €-54k | €-51k | €-50k | €-46k | €-26k | ▲ 42.9% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Outside capital11 | €20k | €20k | - | - | - | - |
| Other1109/19 | €20k | €20k | - | - | - | - |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €1k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-77k | €-74k | €-73k | €-69k | €-50k | ▲ 28.6% |
| Amounts payable17/49 | €162k | €149k | €144k | €137k | €136k | ▼ 1.1% |
| Amounts payable after more than one year17 | €129k | €129k | €129k | €129k | €123k | ▼ 4.6% |
| Other amounts payable178/9 | €129k | €129k | €129k | €129k | €123k | ▼ 4.6% |
| Amounts payable within one year42/48 | €33k | €19k | €15k | €8k | €12k | ▲ 55.1% |
| Trade debts44 | €4k | €2k | €4k | €2k | €3k | ▲ 55.3% |
| Suppliers440/4 | €4k | €2k | €4k | €2k | €3k | ▲ 55.3% |
| Taxes, remuneration and social security45 | €11k | €5k | €4k | €4k | €7k | ▲ 66.4% |
| Taxes450/3 | €5k | €2k | €773 | €1k | €4k | ▲ 246% |
| Remuneration and social security454/9 | €6k | €3k | €3k | €3k | €3k | = |
| Other amounts payable47/48 | €17k | €13k | €7k | €2k | €3k | ▲ 33.2% |
| Accrued charges and deferred income492/3 | - | €559 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-18k | €3k | €665 | €4k | €20k | ▲ 408% |
| + Depreciation and write-downs630 | €7k | €8k | €10k | €10k | €10k | = |
| Operating cash flow (approximation) | €-11k | €11k | €10k | €14k | €30k | ▲ 117% |
| Investment in fixed assets (approximation) | - | €-13k | €0 | €0 | €0 | - |
| Change in cash | - | €-4k | €8k | €2k | €29k | ▲ 1,259% |
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €20k ▲408%
Operating result €20k, net result €20k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 8.70
Current ratio from 4.29 to 8.70; short-term debt falls from €15k to €8k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 291 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
03-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 187 days late
2021
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Affligem · 1 establishment unit since 2001
Ground area
2,981 m²
Building footprint
109 m²
Volume, LiDAR
696 m³
Parcel 23021A0140/00B000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Broekstraat 32, 1790 Affligem
since 20012.100.021.096
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23021A0140/00B000 | Flanders | 2,981 m² | 1 · 109 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,502 companies in sector 47716 we hold annual accounts for 2,440. 1,577 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-11-2000
Fiscal year end31-12
Activities, NACEBEL 2025
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.