MJ TECK
ActiveSummary
MJ TECK has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,740 and a net result of €4,924. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
What stands out
Overview
Accounts filed 13 d late0 of 4 deeds read
Why 89- Higher-failure-rate sector- Higher-failure-rate region+ Annual accounts: healthy financial profile+ Growing equityFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+14
Growth64▼-3
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 12.69 against 2.59 in 2024; short-term debt: 7.9% and cash: 33.6% of total assets), and 7.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.1%
Return on assets
46.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €9,740
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 9 filingsDeviation from the deadline
2025
13 d late
2024
11 d late
2023
6 d late
2022
27 d early
2021
16 d late
2020
13 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 11 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Liquidity times 5current ratio 12.69
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Turnover €32,667Profit €4,924Solvency 92.1%Liquidity 12.69
Turnover
€32,667▼ 11.3%
2018 - 2025
Net result
€4,924▲ 47.3%
2018 - 2025
Equity
€9,740▲ 102%
2018 - 2025
Solvency
92.1%▲ 30.7pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€11,582▼ 14.1%€25,691▲ 122%€34,936▲ 36.0%€36,828▲ 5.4%€32,667▼ 11.3%
Operating result€6,239▲ 535%-€5,836€272€3,619▲ 1,231%€5,352▲ 47.9%
Net result€5,943within the sector's middle half▲ 749%-€6,117below the sector's middle half€83below the sector's middle half€3,344within the sector's middle half▲ 3,913%€4,924within the sector's middle half▲ 47.3%
EBIT margin53.9%▲ 46.6pp-22.7%▼ 76.6pp0.8%▲ 23.5pp9.8%▲ 9.0pp16.4%▲ 6.6pp
Equity€7,505below the sector's middle half▲ 381%€1,388below the sector's middle half▼ 81.5%€1,472below the sector's middle half▲ 6.0%€4,815below the sector's middle half▲ 227%€9,740below the sector's middle half▲ 102%
Total assets€9,412below the sector's middle half▲ 104%€3,756below the sector's middle half▼ 60.1%€2,993below the sector's middle half▼ 20.3%€7,837below the sector's middle half▲ 162%€10,573below the sector's middle half▲ 34.9%
Debt€1,907▼ 37.4%€2,367▲ 24.2%€1,522▼ 35.7%€3,021▲ 98.6%€833▼ 72.4%
Working capital€7,505within the sector's middle half▲ 930%€1,388below the sector's middle half▼ 81.5%€1,472below the sector's middle half▲ 6.0%€4,815within the sector's middle half▲ 227%€9,740within the sector's middle half▲ 102%
Solvency79.7%above the sector's middle half61.4%within the sector's middle half92.1%above the sector's middle half▲ 30.7pp
Current ratio4.94above the sector's middle half2.59within the sector's middle half12.69above the sector's middle half▲ 10.10
Return on assets (ROA)63.1%above the sector's middle half42.7%above the sector's middle half46.6%above the sector's middle half▲ 3.9pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 48% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €10,573
Equity
€9,740 ▲ 102%
Debt
€833 ▼ 72.4%
Debt's share of the balance-sheet total falls from 38.6% to 7.9%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
Quick ratio
12.18▲
2024 · 2.45
Debt to equity
0.09▼
2024 · 0.63
ROE
50.6%▼
2024 · 69.4%
Debt ≤ 1 year
€833▼
2024 · €3,021
Income taxes
€326▲
2024 · €173
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €11,582 | €25,691 | €34,936 | €36,828 | €32,667 | ▼ 11.3% |
| Non-recurring operating income76A | €2,386 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €15,594 | €33,856 | €35,866 | €34,750 | €31,201 | ▼ 10.2% |
| Remuneration, social security and pensions62 | - | €41 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €833 | €0 | - | - | - | - |
| Other operating charges640/8 | €1,040 | - | €482 | €582 | €482 | ▼ 17.2% |
| Operating charges capitalised as restructuring costs649 | - | -€247 | - | - | - | - |
| Gross operating margin9900 | €8,112 | -€6,042 | €754 | €4,201 | €5,834 | ▲ 38.9% |
| Operating profit (loss)9901 | €6,239 | -€5,836 | €272 | €3,619 | €5,352 | ▲ 47.9% |
| Financial income75/76B | - | €0 | €1 | - | €1 | - |
| Recurring financial income75 | - | €0 | €1 | - | €1 | - |
| Financial charges65/66B | €160 | €161 | €189 | €103 | €102 | ▼ 0.6% |
| Recurring financial charges65 | €160 | €161 | €189 | €103 | €102 | ▼ 0.6% |
| Profit (loss) for the period before taxes9903 | €6,080 | -€5,997 | €83 | €3,516 | €5,250 | ▲ 49.3% |
| Income taxes67/77 | €136 | €120 | - | €173 | €326 | ▲ 88.8% |
| Profit (loss) for the period9904 | €5,943 | -€6,117 | €83 | €3,344 | €4,924 | ▲ 47.3% |
| Profit (loss) for the period to be appropriated9905 | €5,943 | -€6,117 | €83 | €3,344 | €4,924 | ▲ 47.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9,412 | €3,756 | €2,993 | €7,837 | €10,573 | ▲ 34.9% |
| Fixed assets21/28 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Furniture and vehicles24 | €0 | - | - | - | - | - |
| Current assets29/58 | €9,412 | €3,756 | €2,993 | €7,837 | €10,573 | ▲ 34.9% |
| Stocks and contracts in progress3 | €317 | €626 | €424 | €424 | €424 | = |
| Stocks30/36 | €317 | €626 | €424 | €424 | €424 | = |
| Amounts receivable within one year40/41 | - | - | €60 | €50 | €6,596 | ▲ 13,091% |
| Trade receivables40 | - | - | €60 | €50 | - | - |
| Other amounts receivable41 | - | - | - | - | €6,596 | - |
| Cash at bank and in hand54/58 | €9,094 | €3,129 | €2,161 | €6,660 | €3,553 | ▼ 46.6% |
| Deferred charges and accrued income490/1 | - | - | €349 | €703 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9,412 | €3,756 | €2,993 | €7,837 | €10,573 | ▲ 34.9% |
| Equity10/15 | €7,505 | €1,388 | €1,472 | €4,815 | €9,740 | ▲ 102% |
| Contributions10/11 | €14,300 | €14,300 | €14,300 | €14,300 | €14,300 | = |
| Profit (loss) carried forward14 | -€6,795 | -€12,912 | -€12,828 | -€9,485 | -€4,560 | ▲ 51.9% |
| Amounts payable17/49 | €1,907 | €2,367 | €1,522 | €3,021 | €833 | ▼ 72.4% |
| Amounts payable within one year42/48 | €1,907 | €2,367 | €1,522 | €3,021 | €833 | ▼ 72.4% |
| Trade debts44 | €968 | €1,326 | €1,007 | €1,992 | €467 | ▼ 76.5% |
| Suppliers440/4 | €968 | €1,326 | €1,007 | €1,992 | €467 | ▼ 76.5% |
| Taxes, remuneration and social security45 | €719 | €841 | €289 | €744 | €366 | ▼ 50.8% |
| Taxes450/3 | €719 | €841 | €289 | €744 | €366 | ▼ 50.8% |
| Other amounts payable47/48 | €220 | €201 | €226 | €286 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,943 | -€6,117 | €83 | €3,344 | €4,924 | ▲ 47.3% |
| + Depreciation and write-downs630 | €833 | €0 | - | - | - | - |
| Operating cash flow (approximation) | €6,777 | -€6,117 | €83 | €3,344 | €4,924 | ▲ 47.3% |
| Change in cash | - | -€5,965 | -€968 | €4,499 | -€3,107 | ▼ 169% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
ELECTRICITE TECHNIQUE SECURITE
BE 0830.053.645
Ottignies-Louvain-la-Neuve · Eq €9,743
J-P. ELEC
BE 1018.339.157
Remicourt · Eq €9,749
SONVAN
BE 0462.375.343
Wevelgem · Eq €9,756
Maas Diamantboringen en Elektriciteitswerken
BE 1000.311.708
Maasmechelen · Eq €9,757
DE WEERDT
BE 0788.676.316
Schelle · Eq €9,760
Of 22,818 companies in this sector we hold annual accounts for 10,343. 5,463 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
15 eventsLatest 13-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Liquidity times 5current ratio 12.69
Current ratio from 2.59 to 12.69; short-term debt falls from €3,021 to €833.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Back to profitnet €83
Net result €83 after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€6,117
Net result drops to -€6,117, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Highest result since 2018net €5,943 ▲749%
Operating result €6,239, net result €5,943, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.94
Current ratio from 1.24 to 4.94; short-term debt falls from €3,045 to €1,907.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Back to profitnet €700
Net result €700 after 2 loss-making years.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 14-10-2016Year ends 31-12Peppol reachable
Register details
Identification
Legal formPrivate limited company
Founded14-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0664642218
Also
9925:BE0664642218
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Liège
Ground area
82 m²
Building footprint
101 m²
Parcel 62078A0370/00X000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62078A0370/00X000 | Wallonia | 82 m² | 1 · 101 m² | - |
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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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