MJD
ActiveThe computed 12-month bankruptcy probability of MJD is 4.8% (elevated). The 2022 annual accounts show equity of €99k and a net result of €-34k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 1851 sector peers (fiscal year 2022). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2022
Axes · tick = 2021
Profitability0▼-100
Solvency99▲+4
Growth52=
Stability100
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.27 against 1.95 in 2021), and 38.7% 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.
+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
61.3%
Return on assets
-21%
Age of the figures
44 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline12-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-12-2023, 142 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
142 d late
2021
94 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€99k▼ 25.5%
2021 · €133k
2020: €79k
2021: €133k
2020 → 2022
Total assets
€162k▼ 35.0%
2021 · €249k
2020: €154k
2021: €249k
2020 → 2022
Net result
€-34k
2021 · €54k
2020: €77k
2021: €54k
2020 → 2022
Working capital
€76k▼ 27.2%
2021 · €105k
2020: €67k
2021: €105k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€79k-€133k▲ 68.3%€99k▼ 25.5%
Operating result€96k-€69k▼ 27.6%€-33k
Net result€77k-€54k▼ 29.5%€-34k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €33k after €69k in 2021, the lowest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €162k
Fixed assets
€25k▼ 24.8%
Current assets
€137k▼ 36.6%
Equity and liabilities €162k
Equity
€99k▼ 25.5%
Debt
€63k▼ 46.0%
The debt ratio falls from 46.5% to 38.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-21k▼
2021 · €76k
Cash flow
€-22k▼
2021 · €60k
Solvency
61.3%▲
2021 · 53.5%
Current ratio
2.27▲
2021 · 1.95
Quick ratio
2.27▲
2021 · 1.95
Debt / equity
0.63▼
2021 · 0.87
ROE
-34.3%▼
2021 · 40.6%
ROA
-21.0%▼
2021 · 21.7%
Interest coverage
-14.14▼
2021 · 139.27
Debt
€63k▼
2021 · €116k
Debt ≤ 1 year
€60k▼
2021 · €111k
Debt > 1 year
€2k▼
2021 · €5k
Staff costs
€199k▲
2021 · €163k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€249k€162k▼
Fixed assets21/28€33k€25k▼
Tangible fixed assets22/27€33k€25k▼
Plant, machinery and equipment23€578€1k▲
Furniture and vehicles24€18k€12k▼
Leasing and similar rights25€10k€7k▼
Other tangible fixed assets26€5k€5k▲
Current assets29/58€216k€137k▼
Amounts receivable within one year40/41€45k€81k▲
Trade receivables40€34k€30k▼
Other amounts receivable41€11k€52k▲
Cash at bank and in hand54/58€170k€55k▼
Deferred charges and accrued income490/1€780€404▼
Equity and liabilities
Total equity and liabilities10/49€249k€162k▼
Equity10/15€133k€99k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€131k€97k▼
Amounts payable17/49€116k€63k▼
Amounts payable after more than one year17€5k€2k▼
Financial debts170/4€5k€2k▼
Amounts payable within one year42/48€111k€60k▼
Current portion of amounts payable after more than one year42€3k€3k=
Trade debts44€49k€38k▼
Suppliers440/4€49k€38k▼
Taxes, remuneration and social security45€59k€20k▼
Taxes450/3€37k€20k▼
Remuneration and social security454/9€22k-
Income statement
Code20212022
Remuneration, social security and pensions62€163k€199k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€12k▲
Other operating charges640/8€10k€1k▼
Gross operating margin9900€249k€180k▼
Operating profit (loss)9901€69k€-33k▼
Financial income75/76B€43€1▼
Recurring financial income75€43€1▼
Financial charges65/66B€543€1k▲
Recurring financial charges65€543€1k▲
Profit (loss) for the period before taxes9903€69k€-34k▼
Income taxes67/77€15k-
Profit (loss) for the period9904€54k€-34k▼
Profit (loss) for the period to be appropriated9905€54k€-34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€97k▼
Profit (loss) brought forward from the previous period14P€77k€131k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
31-12
Financial
Weakest financial yearnet €-34k ▼163%
Net result drops to €-34k, the lowest in the series.
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
31-12
Financial
Equity above €100kEq €133k ▲68.3%
2 profitable years in a row build equity to €133k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-09-2022
Resigned as Director
Location & real-estate footprint
Registered office, Fléron · 1 establishment unit since 2020
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.
Rue de la Vaulx 414621 FléronGround area
1.2 ha
Building footprint
7,988 m²
Volume, LiDAR
65,014 m³
2 parcels, Wallonia · tallest building 18.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MJD
since 20202.305.506.589
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62809B0177/00P005 | Wallonia | 1.1 ha | 1 · 7,927 m² | 18.0 m · 2 fl. |
| 62084B0188/00R002 | Wallonia | 845 m² | 1 · 61 m² | 9.2 m · 3 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.
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DE MEESTERSLACHTERS THYS
BE 0424.342.633
Maaseik · Eq €101k
BRABANTS NATUURVLEES
BE 0808.067.804
Herentals · Eq €97k
ZIMMER - REISS
BE 0454.500.527
Silly · Eq €104k
Of 595 companies in sector 10111 we hold annual accounts for 327. 236 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2020
Fiscal year end31-12
Activities, NACEBEL
10110Manufacture of food products
10111Manufacture of food products
10120Manufacture of food products
10130Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.