MJA HUGO
ActiveSummary
MJA HUGO has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10k and a net result of €7k. Its solvency ranks better than 22% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability72
Solvency29
Growth-
Track record67
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.05; short-term debt: 66.9% and cash: 7.6% of total assets), and 96% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
4%
Return on assets
2.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 3539 sector peers (2024).
NBB · sector comparisonPosition among 3539 sector peers
Solvency
better than 22%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
119 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€10k
Total assets
€266k
Net result
€7k
Working capital
€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €266k
Fixed assets
€79k
Current assets
€187k
Equity and liabilities €266k
Equity
€10k
Debt
€255k
Debt finances 96.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€36k
Cash flow
€27k
Current ratio
1.05
Quick ratio
0.45
Debt / equity
24.32
ROE
71.4%
ROA
2.8%
Interest coverage
7.37
Debt ≤ 1 year
€178k
Debt > 1 year
€77k
Income taxes
€4k
Staff costs
€52k
Filed annual accounts As filed with the NBB · 2024 · 44 lines
Balance sheet
Code2024
Assets
Total assets20/58€266k
Fixed assets21/28€79k
Tangible fixed assets22/27€79k
Plant, machinery and equipment23€21k
Furniture and vehicles24€47k
Leasing and similar rights25€12k
Financial fixed assets28€62
Current assets29/58€187k
Stocks and contracts in progress3€106k
Stocks30/36€106k
Amounts receivable within one year40/41€60k
Trade receivables40€48k
Other amounts receivable41€12k
Cash at bank and in hand54/58€20k
Equity and liabilities
Total equity and liabilities10/49€266k
Equity10/15€10k
Contributions10/11€3k
Profit (loss) carried forward14€7k
Amounts payable17/49€255k
Amounts payable after more than one year17€77k
Financial debts170/4€77k
Amounts payable within one year42/48€178k
Current portion of amounts payable after more than one year42€24k
Financial debts43€99k
Credit institutions430/8€99k
Trade debts44€40k
Suppliers440/4€40k
Taxes, remuneration and social security45€16k
Taxes450/3€6k
Remuneration and social security454/9€10k
Income statement
Code2024
Remuneration, social security and pensions62€52k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k
Other operating charges640/8€6k
Gross operating margin9900€94k
Operating profit (loss)9901€16k
Financial income75/76B€243
Recurring financial income75€243
Financial charges65/66B€5k
Recurring financial charges65€5k
Profit (loss) for the period before taxes9903€11k
Income taxes67/77€4k
Profit (loss) for the period9904€7k
Profit (loss) for the period to be appropriated9905€7k
Appropriation of the result
Profit (loss) to be appropriated9906€7k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
NBB filing
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, Lierneux · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Verleumont 54990 LierneuxGround area
1,241 m²
Building footprint
154 m²
Volume, LiDAR
700 m³
Parcel 63045B0544/00H000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MJA HUGO
since 20242.359.012.581
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63045B0544/00H000 | Wallonia | 1,241 m² | 1 · 154 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 7,375 companies in sector 95311 we hold annual accounts for 2,959. 1,232 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2024
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.