Checked.be · Company dossierhttps://checked.be/en/c/mjha-0505878061 · as of 16-10-2026
MJHA
Judicial reorganisation
Private limited company (pre-2019) · founded 2014 · active for 11 yearsChaussée de Bruxelles 273, 1410 Waterloo, BelgiumKBO/BCE: BE 0505.878.061
Summary
The file of MJHA contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of MJHA as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show negative equity (-€276,265) and a net result of -€143,536. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 15,477 sector peers (NACE 46, financial year 2024).
Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
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Overview
Activity
Wholesale trade
NACE 46411Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts 77 days overdue0 of 3 deeds read
Signalsraises riskNegative equityIn judicial reorganisationAnnual accounts not filedneutralFiled after the deadlineShow the evidence
Checked score
Score 2024
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. There is no bankruptcy probability for this company, so the score rests on the figures alone.
0/ 100
Critical
Without a bankruptcy probability: score from the figures alone
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. Without a bankruptcy probability, this company's Checked score rests on these figures.
Weak
Solvency0=
equity -104.3% of total assets
Liquidity2-2
short-term debt 197.5% · cash 1.5%
Profitability0=
return on assets -54.2%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.37, compared with 0.48 in 2023, below 1; short-term debt: 197.5% and cash: 1.5% of total assets), and equity is negative.
Signals
Four signals.
raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring. The KBO register also records: special situation.
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 78 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
ExtensionEnterprise Court of Walloon Brabant…
OpeningEnterprise Court of Walloon Brabant…
Annual accounts filedfinancial year 2024 · micro…
Key points
Risk: In judicial reorganisationtrustee not known30-04-2026View
Risk: Negative equityfinancial year 2024: debts exceed assets-€276,265View
Risk: 3 loss-making years in a rowloss financial year 2024-€143,536View
Caution: Equity fell in 2024from -€132,729 to -€276,265▼ 108%View
Caution: Among the weakest 5% on net resultsector median €4,917 · 15,460 companies-€143,536View
Caution: Accounts not fileddeadline was 31-07-202677 days lateView