MJ PROJECTS
The computed 12-month bankruptcy probability of MJ PROJECTS is 2.9% (moderate). The 2023 annual accounts show equity of €95k and a net result of €4k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 39% of 9089 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €95k |
| Net result | €4k |
| Better than sector | 39% |
| Active | 6 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.5% | 38.7% | |
| Net result | €4k | €12k | |
| Equity | €95k | €30k | |
| Gross operating margin | €45k | €33k | |
| Total assets | €310k | €89k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €32k |
| Net profit | €4k |
| Cash flow | €26k |
| Staff costs | - |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €310k |
| Equity | €95k |
| Debt | €216k |
| of which ≤ 1y | €201k |
| of which > 1y | €15k |
| Working capital | €79k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 1.39 |
| Quick ratio | 1.30 |
| Working capital ratio | 25.4% |
| Solvency | 30.5% |
| Debt / equity | 2.28 |
| Long-term debt ratio | 0.16 |
| Interest coverage | 14.25 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.2% |
| ROE | 3.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €310k |
| Fixed assets | 21/28 | €31k |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €27k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €279k |
| Stocks & contracts in progress | 3 | €18k |
| Amounts receivable within one year | 40/41 | €252k |
| Cash & bank | 54/58 | €431 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €310k |
| Equity | 10/15 | €95k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €74k |
| Accumulated profits (losses) | 14 | €622 |
| Amounts payable | 17/49 | €216k |
| Amounts payable after one year | 17 | €15k |
| Amounts payable within one year | 42/48 | €201k |
| Trade debts payable within one year | 44 | €109k |
| Income statement | ||
| Gross operating margin | 9900 | €45k |
| Operating result | 9901 | €10k |
| Financial income | 75 | €989 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €9k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
-
Current01-04-2021 → present
Former directors (1)
-
Former- → 31-03-2021
| NACE primary | Specialised construction(43230) |
| Legal form | Private limited company(610) |
| Incorporation | 04-10-2019 |
| Status | Active |
| Postal code | 9800 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44006A0028/00F003 | Flanders | 691 m² | 1 · 164 m² | 7.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-12-2025 Registered office moved from Lievegem to Bachte-Maria-Leerne
- Nekke 16, 9930 Lievegem → Molenhuisstraat 4, 9800 Bachte-Maria-Leerne
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Bachte-Maria-Leerne",
"region": null,
"street": "Molenhuisstraat",
"country": "BE",
"postcode": "9800",
"box_number": null,
"street_number": "4"
},
"old_address": {
"city": "Lievegem",
"region": null,
"street": "Nekke",
"country": "BE",
"postcode": "9930",
"box_number": "A",
"street_number": "16"
},
"effective_date": "2025-10-01",
"evidence_quote": "De maatschappelijke zetel wordt verplaatst vanaf 01 oktober 2025 naar Molenhuisstraat 4 te 9800 Bachte-Maria-Leerne."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0735.730.548",
"name_full": "MJ PROJECTS",
"legal_form": "BV"
}
}01-09-2021 1 director appointed, 1 resigning
- Jean Louckx, Bestuurder
- Jean Louckx, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Jean Louckx",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0541789738",
"name": "2FEEL@HOME bv",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2021-03-31",
"evidence_quote": "De bijzondere algemene vergadering beslist unaniem tot het ontslag van: - De vennootschap 2FEEL@HOME bv met zetel te 9930 Lievegem, Nekke 16A, ondernemingsnummer 0541.789.738, en met als vast vertegenwoordiger de heer Jean Louckx. Hun mandaat neemt een einde op 31 maart 2021."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Jean Louckx",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0554936010",
"name": "LJ Projects bv",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2021-04-01",
"evidence_quote": "De bijzondere algemene vergadering beslist tevens unaniem de benoeming van de vennootschap LJ Projects bv (0554.936.010), met maatschappelijke zetel te 9930 Lievegem, Nekke 16A, met vast vertegenwoordiger door de heer Jean Louckx, wordt benoemd als bestuurder voor onbepaalde duur. Haar mandaat gaat "
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0735.730.548",
"name_full": "MJ PROJECTS",
"legal_form": "BV"
}
}26-01-2021 Registered office moved from Kruisem to Lievegem
- Kruiskensstraat 8, 9750 Kruisem → Nekke 16A, 9930 Lievegem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Lievegem",
"region": null,
"street": "Nekke",
"country": "BE",
"postcode": "9930",
"box_number": null,
"street_number": "16A"
},
"old_address": {
"city": "Kruisem",
"region": null,
"street": "Kruiskensstraat",
"country": "BE",
"postcode": "9750",
"box_number": "B",
"street_number": "8"
},
"effective_date": "2020-12-01",
"evidence_quote": "De maatschappelijke zetel wordt verplaatst vanaf 01 december 2020 naar Nekke 16A, 9930 Lievegem."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0735.730.548",
"name_full": "MJ PROJECTS",
"legal_form": "BV"
}
}08-10-2020 Kabiry Mehran resigns as director
- Kabiry Mehran, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Kabiry Mehran",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0699709302",
"name": "MB CONSTRUCT",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "Dhr. Kabiry Mehran, wonende te 9750 Kruisem, Kruiskensstraat 8B en vertegenwoordiger van de vennootschap MB CONSTRUCT, met zetel te 9000 Gent, Vlinderstraat 30 bus 3, met ondernemingsnummer 0699.709.302 neemt ontslag als niet statutaire bestuurder van de vennootschap MJ PROJECTS BV en krijgt volledi",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0735.730.548",
"name_full": "MJ PROJECTS",
"legal_form": "BV"
}
}14-02-2020 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0735.730.548",
"name_full": "MJ PROJECTS",
"legal_form": "BV"
}
}21-10-2019 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0735.730.548",
"name_full": "MJ PROJECTS",
"legal_form": "BV"
}
}08-10-2019 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9750 Kruisem, Kruiskensstraat 8B",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1974-07-27",
"name": "LOUCKX Jean Hilda Prudent",
"niss": null,
"address": "9750 Kruisem, Kruiskensstraat 8B"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 20000,
"holder_person_name": "LOUCKX Jean Hilda Prudent",
"is_subscriber_only": true,
"n_shares_subscribed": 200,
"amount_subscribed_eur": 20000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "LOUCKX Jean",
"niss": null,
"address": null
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 18550,
"holder_person_name": "LOUCKX Jean",
"is_subscriber_only": false,
"n_shares_subscribed": 18550,
"amount_subscribed_eur": 18550,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 20000,
"subject_company": {
"kbo": "0735.730.548",
"name_full": "MJ PROJECTS",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2019-10-04",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MJ PROJECTS |