Equity
€1.4m ▼ 9.5%
MJM paid out €204,629 in dividends. That is 361% of the 2025 profit.
MJM
Lifetime
15 annual accounts with figures on one time axispeak €185,770 (2024)
€163,471▼ 12.0%
lowest -€49,785 (2015)
€56,612▼ 54.0%
peak €1.6m (2024)
€1.4m▼ 9.5%
€260,821▼ 29.6%
Board2 names since 2020
-
Documentsfilings and deeds
29-08-202629 days late
2025abbreviated format
Gross margin from €185,770 to €163,471Result from €123,181 to €56,612Dividend €204,629Debts from €370,621 to €260,821
Key points
from the 2025 annual accountsResult
€56,612 ▼ 54.0%
The result fell in 2025: the 2024 profit included a one-off income of €80,750.
Turnover
≈ €260,000 estimated
The abbreviated format states no turnover.
Liquidity
1.13 was 5.09 in 2024
Short-term debts rose from €62,388 to €98,709.
Filings
15 annual accounts since 2011
Seven of the last ten came late. The 2016 accounts came latest: 294 days after the end of the period.
Position in the sector
84.5%
Higher solvency than 80% of companies in head offices and management consultancy. Sector median 52.1% · 10,633 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,053 companies had the same profile as MJM has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.7%
stopped another way
0.4%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,053 companies, not a prediction for MJM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0832722135
2 directors appointed, 2 resignations
Resignations: and · Appointments: and · Permanent representative: · General meeting of 19-12-2023 · Gazette deed
Appointment: (director)
General meeting of 24-07-2020 · Gazette deed
Incorporation
published on 21-01-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MJM Eeklo | €1.7m | €163,471 | 84.5% | - |
| PH Advisory Ninove | €1.6m | €177,795 | 25.3% | - |
| FAKO 2 Wetteren | €1.8m | €163,926 | 87.9% | - |
| TZM Kluisbergen | €1.9m | €186,316 | 45.4% | - |
| ADIUTOR Lochristi | €1.6m | €163,132 | 40.4% | 0 |
| LEFE - INVEST Zulte | €1.4m | €159,319 | 51.0% | 0 |
| GVC+ Ghent | €1.9m | €142,525 | 9.4% | - |
These companies have the same main activity as MJM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.4m and €1.9m, founded between 2008 and 2012.
Official details
Source: KBO- Status
- Active since 12-01-2011Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.196.266.1799900 Eeklo, since 29-12-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 11-01-2025
Insights on MJM
MJM files the abbreviated format. That format states no turnover. The gross margin rose from €62,590 in 2011 to €163,471 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MJM
- What is the company number of MJM?
- The company number of MJM is 0832.722.135. The VAT number is the same number with BE in front: BE 0832.722.135.
- Where is MJM based?
- The registered office is at Balgerhoeke 172, 9900 Eeklo.Company details
- What does MJM do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of MJM?
- MJM is a private limited company (BV).
- When was MJM founded?
- MJM was founded on 12-01-2011.
- Is MJM still active?
- Yes, MJM is an active enterprise in the KBO register.
- What is the turnover of MJM?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €163,471 and 93 comparable companies (NACE 70200). It probably lies between €210,000 and €340,000.Financials
- Is MJM profitable?
- In financial year 2025, MJM made a profit of €56,612.
- Where can I find the annual accounts of MJM?
- MJM filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MJM due?
- MJM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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