MJK CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of MJK CONSTRUCT is 4.9% (elevated). The 2024 annual accounts show equity of €3,230 and a net result of €1,446. Its solvency ranks better than 77% of 35,977 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 24 October 2026.
2023 to 2024, 2 financial years
The operating result rises in 2024; 2024 is 130% above 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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 74.5% 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 39,278 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,150 | - | - |
| Other operating charges640/8 | €350 | - | - |
| Gross operating margin9900 | €2,481 | €2,259 | ▼ 8.9% |
| Operating profit (loss)9901 | €980 | €2,259 | ▲ 130% |
| Profit (loss) for the period before taxes9903 | €980 | €2,259 | ▲ 130% |
| Income taxes67/77 | €196 | €813 | ▲ 315% |
| Profit (loss) for the period9904 | €784 | €1,446 | ▲ 84.4% |
| Profit (loss) for the period to be appropriated9905 | €784 | €1,446 | ▲ 84.4% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €3,280 | €4,540 | ▲ 38.4% |
| Current assets29/58 | €3,280 | €4,540 | ▲ 38.4% |
| Amounts receivable within one year40/41 | €2,617 | €4,509 | ▲ 72.3% |
| Other amounts receivable41 | €2,617 | €4,509 | ▲ 72.3% |
| Cash at bank and in hand54/58 | €664 | €30 | ▼ 95.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €3,280 | €4,540 | ▲ 38.4% |
| Equity10/15 | €1,784 | €3,230 | ▲ 81.0% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €784 | €2,230 | ▲ 184% |
| Amounts payable17/49 | €1,496 | €1,309 | ▼ 12.5% |
| Amounts payable within one year42/48 | €1,496 | €1,309 | ▼ 12.5% |
| Trade debts44 | - | €300 | - |
| Suppliers440/4 | - | €300 | - |
| Taxes, remuneration and social security45 | €1,496 | €1,009 | ▼ 32.5% |
| Taxes450/3 | €196 | €1,009 | ▲ 415% |
| Remuneration and social security454/9 | €1,300 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €784 | €1,446 | ▲ 84.4% |
| + Depreciation and write-downs630 | €1,150 | - | - |
| Operating cash flow (approximation) | €1,934 | €1,446 | ▼ 25.2% |
| Change in cash | - | -€633 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 06-12-2025 | 2025-00579550 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00397068 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.