MJAM
ActiveThe computed 12-month bankruptcy probability of MJAM is 2.0% (moderate). The 2025 annual accounts show equity of €252k and a net result of €245. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 3644 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-4
Solvency31=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.86 in 2024; short-term debt: 11.1% and cash: 0.5% of total assets), but 93.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
6.4%
Return on assets
0%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 d early
2024
29 d late
2023
15 d early
2022
31 d early
2021
4 d early
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€252k▲ 0.1%
2024 · €252k
2019: €131k
2020: €79k
2021: €175k
2022: €258k
2023: €207k
2024: €252k
2019 → 2025
Total assets
€3.92M▼ 3.1%
2024 · €4.05M
2019: €3.32M
2020: €3.25M
2021: €3.25M
2022: €3.20M
2023: €4.13M
2024: €4.05M
2019 → 2025
Net result
€245▼ 99.5%
2024 · €45k
2019: €91k
2020: €-52k
2021: €96k
2022: €83k
2023: €-51k
2024: €45k
2019 → 2025
Working capital
€241k▼ 30.9%
2024 · €348k
2019: €-61k
2020: €-184k
2021: €57k
2022: €-5k
2023: €269k
2024: €348k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€258k▲ 47.4%€207k▼ 19.8%€252k▲ 21.8%€252k▲ 0.1%
Operating result€137k-€110k▼ 19.5%€-8k€110k€68k▼ 38.7%
Net result€96k-€83k▼ 13.4%€-51k€45k€245▼ 99.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.92M
Fixed assets
€3.25M▼ 1.3%
Current assets
€674k▼ 10.6%
Equity and liabilities €3.92M
Equity
€252k▲ 0.1%
Debt
€3.67M▼ 3.3%
The debt ratio falls from 93.8% to 93.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€289k▼
2024 · €328k
Cash flow
€222k▼
2024 · €263k
Solvency
6.4%▲
2024 · 6.2%
Current ratio
1.55▼
2024 · 1.86
Quick ratio
0.19▼
2024 · 0.43
Debt / equity
14.54▼
2024 · 15.05
ROE
0.1%▼
2024 · 17.9%
ROA
0.0%▼
2024 · 1.1%
Interest coverage
4.83▼
2024 · 5.15
Debt
€3.67M▼
2024 · €3.79M
Debt ≤ 1 year
€434k▲
2024 · €406k
Debt > 1 year
€3.17M▼
2024 · €3.33M
Income taxes
€10k▲
2024 · €3k
Staff costs
€524k▲
2024 · €489k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.05M€3.92M▼
Fixed assets21/28€3.29M€3.25M▼
Tangible fixed assets22/27€3.29M€3.25M▼
Land and buildings22€2.90M€2.89M▼
Plant, machinery and equipment23€298k€236k▼
Furniture and vehicles24€94k€122k▲
Financial fixed assets28€475€475=
Current assets29/58€754k€674k▼
Stocks and contracts in progress3€581k€593k▲
Stocks30/36€581k€593k▲
Amounts receivable within one year40/41€121k€23k▼
Trade receivables40€91k-
Other amounts receivable41€31k€23k▼
Cash at bank and in hand54/58€33k€20k▼
Deferred charges and accrued income490/1€19k€38k▲
Equity and liabilities
Total equity and liabilities10/49€4.05M€3.92M▼
Equity10/15€252k€252k▲
Contributions10/11€40k€40k=
Profit (loss) carried forward14€212k€212k▲
Amounts payable17/49€3.79M€3.67M▼
Amounts payable after more than one year17€3.33M€3.17M▼
Financial debts170/4€3.33M€3.17M▼
Amounts payable within one year42/48€406k€434k▲
Current portion of amounts payable after more than one year42€188k€201k▲
Trade debts44€110k€54k▼
Suppliers440/4€110k€54k▼
Taxes, remuneration and social security45€77k€136k▲
Taxes450/3€33k€86k▲
Remuneration and social security454/9€44k€49k▲
Other amounts payable47/48€30k€42k▲
Accrued charges and deferred income492/3€60k€68k▲
Income statement
Code20242025
Remuneration, social security and pensions62€489k€524k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€218k€221k▲
Other operating charges640/8€12k€13k▲
Gross operating margin9900€830k€826k▼
Operating profit (loss)9901€110k€68k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€64k€60k▼
Recurring financial charges65€64k€60k▼
Profit (loss) for the period before taxes9903€48k€10k▼
Income taxes67/77€3k€10k▲
Profit (loss) for the period9904€45k€245▼
Profit (loss) for the period to be appropriated9905€45k€245▼
Appropriation of the result
Profit (loss) to be appropriated9906€212k€212k▲
Profit (loss) brought forward from the previous period14P€167k€212k▲
Social balance
Average headcount (FTE)90879.99.7▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €258k ▲47.4%
2 profitable years in a row build equity to €258k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €96k
Net result €96k after one loss-making year.
31-12
Financial
Equity above €150kEq €175k ▲121%
Equity rises from €79k to €175k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-52k ▼157%
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Jabbeke · 2 establishment units since 2018
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.
Gistelsteenweg 1238490 JabbekeGround area
4,492 m²
Building footprint
621 m²
Volume, LiDAR
2,613 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Mjam
since 20182.275.713.436
Mjam
since 20242.374.127.359
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31442C0578/00P000 | Flanders | 2,667 m² | 1 · 360 m² | 7.1 m · 1 fl. |
| 31442C0657/00C000 | Flanders | 1,825 m² | 1 · 261 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteJabbeke2.275.713.436
Similar companies · same sector, comparable size
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Het Tomme Goed
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RIBS & BRUSSEL
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Arthur.A.S.
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 8,059 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
47252Retail sale of beverages, general range
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.