MJM Advisory
ActiveThe computed 12-month bankruptcy probability of MJM Advisory is 2.3% (moderate). The 2025 annual accounts show equity of €36k and a net result of €64k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 11185 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy▼ -22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency54▼-30
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.88 against 1.43 in 2024), and 63.4% 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 · 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 46
Relative position
BE, all sectors
reference
Sector 46
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
36.6%
Return on assets
65.1%
Age of the figures
8 mo
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 13-05-2026, 79 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
79 d early
2024
66 d early
2023
62 d early
2022
68 d early
2021
93 d early
2020
164 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▼ 61.2%
2024 · €93k
2020: €50k
2021: €95k
2022: €121k
2023: €85k
2024: €93k
2020 → 2025
Total assets
€99k▼ 44.0%
2024 · €176k
2020: €63k
2021: €143k
2022: €169k
2023: €162k
2024: €176k
2020 → 2025
Net result
€64k▲ 10.9%
2024 · €58k
2020: €49k
2021: €45k
2022: €26k
2023: €69k
2024: €58k
2020 → 2025
Working capital
€-7k
2024 · €36k
2020: €48k
2021: €105k
2022: €132k
2023: €62k
2024: €36k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€95k-€121k▲ 27.1%€85k▼ 29.9%€93k▲ 9.4%€36k▼ 61.2%
Operating result€57k-€34k▼ 40.6%€87k▲ 159%€73k▼ 16.1%€85k▲ 15.6%
Net result€45k-€26k▼ 43.1%€69k▲ 166%€58k▼ 15.6%€64k▲ 10.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99k
Fixed assets
€44k▼ 24.1%
Current assets
€55k▼ 53.7%
Equity and liabilities €99k
Equity
€36k▼ 61.2%
Debt
€63k▼ 24.9%
The debt ratio rises from 47.3% to 63.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€101k▲
2024 · €84k
Cash flow
€81k▲
2024 · €69k
Solvency
36.6%▼
2024 · 52.7%
Current ratio
0.88▼
2024 · 1.43
Quick ratio
0.88▼
2024 · 1.43
Debt / equity
1.73▲
2024 · 0.90
ROE
178.1%▲
2024 · 62.4%
ROA
65.1%▲
2024 · 32.9%
Interest coverage
40.95▼
2024 · 45.89
Debt
€63k▼
2024 · €83k
Debt ≤ 1 year
€63k▼
2024 · €83k
Income taxes
€18k▲
2024 · €15k
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€176k€99k▼
Fixed assets21/28€57k€44k▼
Tangible fixed assets22/27€57k€44k▼
Plant, machinery and equipment23€38k€30k▼
Furniture and vehicles24€20k€14k▼
Current assets29/58€119k€55k▼
Amounts receivable within one year40/41€113k€38k▼
Trade receivables40€63k€38k▼
Other amounts receivable41€49k€222▼
Cash at bank and in hand54/58€2k€16k▲
Deferred charges and accrued income490/1€5k€574▼
Equity and liabilities
Total equity and liabilities10/49€176k€99k▼
Equity10/15€93k€36k▼
Contributions10/11€1k€1k=
Reserves13€92k€35k▼
Distributable reserves133€92k€35k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€83k€63k▼
Amounts payable within one year42/48€83k€63k▼
Trade debts44€28k€4k▼
Suppliers440/4€28k€4k▼
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Other amounts payable47/48€50k€55k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€17k▲
Other operating charges640/8€1k€507▼
Gross operating margin9900€86k€102k▲
Operating profit (loss)9901€73k€85k▲
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€73k€82k▲
Income taxes67/77€15k€18k▲
Profit (loss) for the period9904€58k€64k▲
Profit (loss) for the period to be appropriated9905€58k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€142k€64k▼
Profit (loss) brought forward from the previous period14P€84k€0▼
Transfer from equity791/2-€92k
Transfer to equity691/2€92k€35k▼
To other reserves6921€92k€35k▼
Profit to be distributed694/7€50k€121k▲
Return on contributions (dividend)694€50k€121k▲
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
Next filing, fiscal year 2026, expected by
2026
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €69k ▲166%
Operating result €87k, net result €69k, both a record.
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €26k ▼43.1%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €121k ▲27.1%
3 profitable years in a row build equity to €121k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2022
Justyna Pasternak
CurrentDirector · since 01-07-2022
01-07-2022
Appointed as Director
Location & real-estate footprint
Registered office, Ukkel · 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.
Alsembergsesteenweg 1106D1180 UkkelGround area
7,496 m²
Building footprint
1,273 m²
Volume, LiDAR
18,429 m³
Parcel 21614F0036/00M000, Brussels · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MJM Advisory
since 20202.306.540.036
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614F0036/00M000 | Brussels | 7,496 m² | 1 · 1,273 m² | 19.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Jan Van Backlé
BE 0823.307.690
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LEMMENS CONSULTING
BE 0753.753.841
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MCCO
BE 0840.512.522
Soumagne · Eq €36k
NIROX
BE 0454.822.607
Sint-Truiden · Eq €36k
MAC & Co
BE 0823.476.253
Tubize · Eq €36k
Of 1,136 companies in sector 46130 we hold annual accounts for 646. 450 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-08-2020
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
46150Agents in the wholesale of furniture, household goods and hardware
46833Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:mjmadvisory.com/
E-mail:info@mjmadvisory.com