MJM DIFFUSION
BankruptcySummary
The KBO register records for MJM DIFFUSION the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €74,202 and a net result of €25,599.
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Opened
- 11 October 2023
- Track
- Reorganisation by collective agreement
- Docket number
- 20230086
- Moratorium until
- 6 March 2024 (passed; an extension would be in a later judgment)
- Delegated judge
- Leon Niessen
- Official Gazette
- 05-12-2023 (pdf) ↗search the document for 2023/139512
What to do now
- 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 ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this reorganisation? Put the card of MJM DIFFUSION in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 14-09-2023, 45 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
45 d late
2021
122 d late
2020
10 d late
2019
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 68 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
€285,924▲ 2,286%
2019 · €11,982
EBIT margin
10.8%▲ 69.6pp
2019 · -58.7%
Net result
€25,599▲ 133%
2021 · €10,999
Working capital
€52,060▲ 146%
2021 · €21,190
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€24,619-€11,982▼ 51.3%€285,924▲ 2,286%
Operating result€3,490--€7,035€30,997€12,463▼ 59.8%€25,911▲ 108%
Net result€3,423--€7,113€30,768€10,999▼ 64.3%€25,599▲ 133%
EBIT margin14.2%--58.7%▼ 72.9pp10.8%▲ 69.6pp
Equity€3,948--€3,165€27,603€48,602▲ 76.1%€74,202▲ 52.7%
Total assets€10,866-€14,483▲ 33.3%€164,330▲ 1,035%€881,221▲ 436%€215,327▼ 75.6%
Debt€6,917-€17,647▲ 155%€136,727▲ 675%€832,619▲ 509%€141,125▼ 83.1%
Working capital€1,098--€6,015€21,753€21,190▼ 2.6%€52,060▲ 146%
Staff (FTE)2
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 108% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €215,327
Fixed assets
€22,142 ▼ 19.2%
Current assets
€193,185 ▼ 77.4%
Equity and liabilities €215,327
Equity
€74,202 ▲ 52.7%
Debt
€141,125 ▼ 83.1%
Debt's share of the balance-sheet total falls from 94.5% to 65.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31,181▲
2021 · €12,946
Cash flow
€30,869▲
2021 · €11,482
Current ratio
1.37▲
2021 · 1.03
Quick ratio
0.83▲
2021 · 0.71
Debt to equity
1.90▼
2021 · 17.13
ROE
34.5%▲
2021 · 22.6%
ROA
11.9%▲
2021 · 1.2%
Interest coverage
99.94▲
2021 · 9.63
Debt ≤ 1 year
€141,125▼
2021 · €832,619
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €24,619 | €11,982 | €285,924 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €77,455 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €483 | €5,270 | ▲ 991% |
| Other operating charges640/8 | - | - | - | €8,543 | - | - |
| Gross operating margin9900 | €3,650 | -€6,890 | €33,235 | €98,944 | €31,181 | ▼ 68.5% |
| Operating profit (loss)9901 | €3,490 | -€7,035 | €30,997 | €12,463 | €25,911 | ▲ 108% |
| Financial income75/76B | - | - | - | €8 | - | - |
| Recurring financial income75 | - | - | €2 | €8 | - | - |
| Financial charges65/66B | - | - | - | €1,344 | €312 | ▼ 76.8% |
| Recurring financial charges65 | €67 | €79 | €231 | €1,344 | €312 | ▼ 76.8% |
| Profit (loss) for the period before taxes9903 | €3,423 | -€7,113 | €30,768 | €11,126 | €25,599 | ▲ 130% |
| Income taxes67/77 | - | - | - | €127 | - | - |
| Profit (loss) for the period9904 | €3,423 | -€7,113 | €30,768 | €10,999 | €25,599 | ▲ 133% |
| Profit (loss) for the period to be appropriated9905 | €3,423 | -€7,113 | €30,768 | €10,999 | €25,599 | ▲ 133% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10,866 | €14,483 | €164,330 | €881,221 | €215,327 | ▼ 75.6% |
| Fixed assets21/28 | €2,850 | €2,850 | €5,850 | €27,412 | €22,142 | ▼ 19.2% |
| Tangible fixed assets22/27 | - | - | - | €21,562 | €16,292 | ▼ 24.4% |
| Furniture and vehicles24 | - | - | - | €21,562 | €16,292 | ▼ 24.4% |
| Financial fixed assets28 | €2,850 | €2,850 | €5,850 | €5,850 | €5,850 | = |
| Current assets29/58 | €8,016 | €11,633 | €158,480 | €853,808 | €193,185 | ▼ 77.4% |
| Stocks and contracts in progress3 | €941 | €941 | €54,361 | €260,971 | €75,789 | ▼ 71.0% |
| Stocks30/36 | - | - | - | €260,971 | €75,789 | ▼ 71.0% |
| Amounts receivable within one year40/41 | €53 | €2,522 | €86,506 | €555,180 | €86,533 | ▼ 84.4% |
| Trade receivables40 | - | - | - | €555,180 | €86,533 | ▼ 84.4% |
| Cash at bank and in hand54/58 | €7,022 | €8,169 | €17,442 | €33,894 | €27,099 | ▼ 20.0% |
| Deferred charges and accrued income490/1 | - | - | - | €3,764 | €3,764 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10,866 | €14,483 | €164,330 | €881,221 | €215,327 | ▼ 75.6% |
| Equity10/15 | €3,948 | -€3,165 | €27,603 | €48,602 | €74,202 | ▲ 52.7% |
| Contributions10/11 | €4,500 | €4,500 | - | €14,500 | €14,500 | = |
| Reserves13 | - | - | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | -€552 | -€7,665 | €21,248 | €32,247 | €57,847 | ▲ 79.4% |
| Amounts payable17/49 | €6,917 | €17,647 | €136,727 | €832,619 | €141,125 | ▼ 83.1% |
| Amounts payable within one year42/48 | €6,917 | €17,647 | €136,727 | €832,619 | €141,125 | ▼ 83.1% |
| Trade debts44 | €1,933 | €4,092 | €130,819 | €714,095 | €85,643 | ▼ 88.0% |
| Suppliers440/4 | - | - | - | €714,095 | €85,643 | ▼ 88.0% |
| Taxes, remuneration and social security45 | - | - | - | €85,611 | €55,482 | ▼ 35.2% |
| Taxes450/3 | - | - | - | €48,783 | €28,805 | ▼ 41.0% |
| Remuneration and social security454/9 | - | - | - | €36,828 | €26,677 | ▼ 27.6% |
| Other amounts payable47/48 | - | - | - | €32,913 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,423 | -€7,113 | €30,768 | €10,999 | €25,599 | ▲ 133% |
| + Depreciation and write-downs630 | - | - | - | €483 | €5,270 | ▲ 991% |
| Operating cash flow (approximation) | €3,423 | -€7,113 | €30,768 | €11,482 | €30,869 | ▲ 169% |
| Investment in fixed assets (approximation) | - | €0 | -€3,000 | -€22,045 | €0 | ▲ 100% |
| Change in cash | - | €1,147 | €9,273 | €16,452 | -€6,795 | ▼ 141% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
28-12
Judicial reorganisation
Extension
Tribunal de l’entreprise francophone de Bruxelles · collective agreement · event 19-12-2023
05-12
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement · event 11-10-2023
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 122 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Back to profitnet €30,768
Net result €30,768 after one loss-making year.
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
31-12
Financial
Weakest financial yearnet -€7,113
Net result drops to -€7,113, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2017
Ground area
756 m²
Building footprint
571 m²
Volume, LiDAR
11,099 m³
2 parcels, Brussels, Wallonia · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
472
companies at this address
See who is registered here
1 establishment unit
MJM DIFFUSION
since 20172.271.336.756
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
| 64034B0883/00F000 | Wallonia | 86 m² | 1 · 83 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-01-2017
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.