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MJN

Active
Private limited companyfounded 20215 yrs activeNieuwmoer-Dorp (Nm) 24, 2920 Kalmthout, BelgiumKBO/BCE: BE 0765.318.221
Summary

MJN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For MJN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€24,090) and a net result of -€2,594. Equity is shrinking by ~101.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 3112 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: At least two filing cycles are missing
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-07-2024, 23 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
23 d early
2022
65 d late
2021
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MJN was incorporated on 17 March 2021 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023

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Financials · fiscal year 2023, micro schema

Equity
-€24,090▼ 12.1%
2022 · -€21,496
Net result
-€2,594▲ 94.2%
2022 · -€44,966
Total assets
€352▼ 90.3%
2022 · €3,631
Solvency
-6840.3%▼ 6248.2pp
2022 · -592.1%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202120222023
Operating result-€6,435--€44,682▼ 594%-€2,494▲ 94.4%
Net result-€6,529below the sector's middle half--€44,966below the sector's middle half▼ 589%-€2,594below the sector's middle half▲ 94.2%
Equity€23,471below the sector's middle half--€21,496below the sector's middle half-€24,090below the sector's middle half▼ 12.1%
Total assets€34,596below the sector's middle half-€3,631below the sector's middle half▼ 89.5%€352below the sector's middle half▼ 90.3%
Debt€11,125-€25,126▲ 126%€24,442▼ 2.7%
Working capital€22,546within the sector's middle half--€21,496below the sector's middle half-€24,090below the sector's middle half▼ 12.1%
Solvency67.8%within the sector's middle half--592.1%below the sector's middle half▼ 659.9pp-6840.3%below the sector's middle half▼ 6248.2pp
Current ratio3.03within the sector's middle half-
Return on assets (ROA)-18.9%below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2021: -€6,435-€6,435Net result 2021: -€6,529-€6,529Operating result 2022: -€44,682-€44,682Net result 2022: -€44,966-€44,966Operating result 2023: -€2,494-€2,494Net result 2023: -€2,594-€2,594202120222023-€60,000-€40,000-€20,000€0Operating result 2021: -€6,435-€6,440Net result 2021: -€6,529-€6,530Operating result 2022: -€44,682-€44,700Net result 2022: -€44,966-€45,000Operating result 2023: -€2,494-€2,490Net result 2023: -€2,594-€2,590202120222023
The operating result stays negative: a loss of €2,494 in 2023 against €44,682 in 2022; the loss shrinks.
Key figures and ratios
2023 value · change against 2022
Debt ≤ 1 year
€24,442▼
2022 · €25,126
Ratios withheld: a balance sheet total of €352 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 37 lines
Balance sheet Code20222023
Assets
Total assets20/58€3,631€352▼
Fixed assets21/28€0-
Intangible fixed assets21€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€3,631€352▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€2,657€305▼
Trade receivables40€2,300€0▼
Other amounts receivable41€357€305▼
Cash at bank and in hand54/58€973€47▼
Equity and liabilities
Total equity and liabilities10/49€3,631€352▼
Equity10/15-€21,496-€24,090▼
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€51,496-€54,090▼
Amounts payable17/49€25,126€24,442▼
Amounts payable within one year42/48€25,126€24,442▼
Trade debts44€159€0▼
Suppliers440/4€159€0▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€24,967€24,442▼
Income statement Code20222023
Non-recurring operating income76A€4,034€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€739€493▼
Gross operating margin9900-€43,943-€2,001▲
Operating profit (loss)9901-€44,682-€2,494▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€285€100▼
Recurring financial charges65€285€100▼
Profit (loss) for the period before taxes9903-€44,966-€2,594▲
Profit (loss) for the period9904-€44,966-€2,594▲
Profit (loss) for the period to be appropriated9905-€44,966-€2,594▲
Appropriation of the result
Profit (loss) to be appropriated9906-€51,496-€54,090▼
Profit (loss) brought forward from the previous period14P-€6,529-€51,496▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120222023Change
Non-recurring operating income76A-€4,034€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€184€0--
Other operating charges640/8€242€739€493▼ 33.2%
Gross operating margin9900-€6,009-€43,943-€2,001▲ 95.4%
Operating profit (loss)9901-€6,435-€44,682-€2,494▲ 94.4%
Financial income75/76B€10€0€0▼ 100%
Recurring financial income75€10€0€0▼ 100%
Financial charges65/66B€104€285€100▼ 64.9%
Recurring financial charges65€104€285€100▼ 64.9%
Profit (loss) for the period before taxes9903-€6,529-€44,966-€2,594▲ 94.2%
Profit (loss) for the period9904-€6,529-€44,966-€2,594▲ 94.2%
Profit (loss) for the period to be appropriated9905-€6,529-€44,966-€2,594▲ 94.2%
Line202120222023Change
Assets
Total assets20/58€34,596€3,631€352▼ 90.3%
Fixed assets21/28€925€0--
Intangible fixed assets21€92€0--
Tangible fixed assets22/27€832€0--
Furniture and vehicles24€832€0--
Current assets29/58€33,671€3,631€352▼ 90.3%
Stocks and contracts in progress3€23,476€0--
Stocks30/36€23,476€0--
Amounts receivable within one year40/41€1,356€2,657€305▼ 88.5%
Trade receivables40€1,217€2,300€0▼ 100%
Other amounts receivable41€140€357€305▼ 14.7%
Cash at bank and in hand54/58€8,840€973€47▼ 95.1%
Equity and liabilities
Total equity and liabilities10/49€34,596€3,631€352▼ 90.3%
Equity10/15€23,471-€21,496-€24,090▼ 12.1%
Contributions10/11€30,000€30,000€30,000=
Profit (loss) carried forward14-€6,529-€51,496-€54,090▼ 5.0%
Amounts payable17/49€11,125€25,126€24,442▼ 2.7%
Amounts payable within one year42/48€11,125€25,126€24,442▼ 2.7%
Trade debts44€1,997€159€0▼ 100%
Suppliers440/4€1,997€159€0▼ 100%
Taxes, remuneration and social security45€3,412€0--
Taxes450/3€3,412€0--
Other amounts payable47/48€5,716€24,967€24,442▼ 2.1%
Line202120222023Change
Profit (loss) for the period9904-€6,529-€44,966-€2,594▲ 94.2%
+ Depreciation and write-downs630€184€0--
Operating cash flow (approximation)-€6,345-€44,966-€2,594▲ 94.2%
Investment in fixed assets (approximation)-€925--
Change in cash--€7,866-€926▲ 88.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
31-12
Financial Weakest financial yearnet -€44,966
Net result drops to -€44,966, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Kalmthout · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
536 m²
Building footprint
260 m²
Volume, LiDAR
1,292 m³
Parcel 11662C0567/00F000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MJN
Nieuwmoer-Dorp (Nm) 24, 2920 KalmthoutRetail trade
since 20212.315.439.290
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11662C0567/00F000 Flanders 536 m² 1 · 260 m² 10.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 592 companies in sector 66300 we hold annual accounts for 366. 156 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
66300Activities auxiliary to financial services and insurance activities
47551Retail sale of household furniture
47559Retail sale of other household articles
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.