MJM Techniks
ActiveSummary
MJM Techniks has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €248k and a net result of €81k. Equity is growing by ~44.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+9
Solvency62▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.51 in 2023; short-term debt: 61.5% and cash: 3.6% of total assets), but 63.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-02-2025, 162 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
162 d early
2023
27 d early
2022
46 d early
2021
115 d early
2020
32 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€248k▲ 45.5%
2023 · €170k
2018: €48k
2019: €28k
2020: €28k
2021: €83k
2022: €146k
2023: €170k
2018 → 2024
Total assets
€671k▲ 35.5%
2023 · €495k
2018: €207k
2019: €76k
2020: €76k
2021: €189k
2022: €365k
2023: €495k
2018 → 2024
Net result
€81k▲ 233%
2023 · €24k
2018: €41k
2019: €-19k
2020: €-32k
2021: €86k
2022: €63k
2023: €24k
2018 → 2024
Working capital
€255k▲ 52.9%
2023 · €167k
2018: €48k
2019: €27k
2020: €27k
2021: €81k
2022: €144k
2023: €167k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€83k▲ 193%€146k▲ 76.5%€170k▲ 16.7%€248k▲ 45.5%
Operating result€-32k-€99k€86k▼ 13.2%€39k▼ 54.7%€118k▲ 201%
Net result€-32k-€86k€63k▼ 26.5%€24k▼ 61.5%€81k▲ 233%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 201% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €671k
Fixed assets
€4k ▲ 3.8%
Current assets
€668k ▲ 35.8%
Equity and liabilities €671k
Equity
€248k ▲ 45.5%
Debt
€424k ▲ 30.3%
Debt's share of the balance-sheet total falls from 65.6% to 63.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€118k▲
2023 · €39k
Cash flow
€82k▲
2023 · €24k
Current ratio
1.62▲
2023 · 1.51
Debt to equity
1.71▼
2023 · 1.91
ROE
32.8%▲
2023 · 14.3%
ROA
12.1%▲
2023 · 4.9%
Interest coverage
13.97▲
2023 · 6.07
Debt ≤ 1 year
€413k▲
2023 · €325k
Debt > 1 year
€11k
Income taxes
€28k▲
2023 · €8k
Staff costs
€46k▲
2023 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€495k€671k▲
Fixed assets21/28€4k€4k▲
Tangible fixed assets22/27€2k€2k▲
Plant, machinery and equipment23€2k€2k▲
Financial fixed assets28€2k€2k=
Current assets29/58€492k€668k▲
Amounts receivable within one year40/41€464k€640k▲
Trade receivables40€416k€600k▲
Other amounts receivable41€49k€39k▼
Cash at bank and in hand54/58€24k€24k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€495k€671k▲
Equity10/15€170k€248k▲
Contributions10/11€6k€6k=
Reserves13€164k€241k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€162k€239k▲
Amounts payable17/49€325k€424k▲
Amounts payable after more than one year17-€11k
Financial debts170/4-€11k
Amounts payable within one year42/48€325k€413k▲
Current portion of amounts payable after more than one year42-€25k
Financial debts43€100k€100k=
Credit institutions430/8€100k€100k=
Trade debts44€212k€266k▲
Suppliers440/4€212k€266k▲
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€5k€9k▲
Remuneration and social security454/9€7k€7k▲
Other amounts payable47/48€2k€6k▲
Income statement
Code20232024
Remuneration, social security and pensions62€44k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81€713▲
Other operating charges640/8€1k€129▼
Gross operating margin9900€84k€164k▲
Operating profit (loss)9901€39k€118k▲
Financial income75/76B-€20
Recurring financial income75-€20
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€33k€109k▲
Income taxes67/77€8k€28k▲
Profit (loss) for the period9904€24k€81k▲
Profit (loss) for the period to be appropriated9905€24k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€81k▲
Transfer to equity691/2€24k€77k▲
To other reserves6921€24k€77k▲
Profit to be distributed694/7-€4k
Employees696-€4k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €248k ▲45.5%
4 profitable years in a row build equity to €248k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €170k ▲16.7%
3 profitable years in a row build equity to €170k.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100kEq €146k ▲76.5%
2 profitable years in a row build equity to €146k.
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €86k
Net result €86k after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lille · 1 establishment unit since 2017
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.
Beersebaan 272275 LilleGround area
272 m²
Building footprint
113 m²
Volume, LiDAR
629 m³
Parcel 13009C0702/00S003, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MJM Techniks
since 20172.260.982.797
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13009C0702/00S003 | Flanders | 272 m² | 1 · 113 m² | 8.3 m · 2 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.
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,249 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
43221Plumbing work
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.