Equity
-€83,784
Debts exceed assets in financial year 2025.
MJO
Lifetime
17 annual accounts with figures on one time axispeak €117,359 (2009)
-€17,294▼ €3,696
lowest -€47,943 (2025)
-€47,943▼ €2,087
peak €89,251 (2019)
-€83,784▼ €47,943
€141,443▼ 11.8%
Board2 names since 2008
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€13,598 to -€17,294Loss of €47,943Equity from -€35,840 to -€83,784Cash from €36,861 to €2,269
Key points
from the 2025 annual accountsLosses
-€161,365 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€141,443 245% of the balance sheet
Financial debts 23%Suppliers 0%Taxes and wages 0%Other 77%
Of this, €109,312 falls due within a year.
Liquidity
0.09 was 0.51 in 2024
Short-term debts rose from €108,026 to €109,312.
Filings
17 annual accounts since 2009
Four of the last ten came late. The 2023 accounts came latest: 145 days after the end of the period.
Position in the sector
-145.3%
Lower solvency than 95% of companies in advertising and market research. Sector median 53.3% · 8,617 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as MJO has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,908 companies, not a prediction for MJO. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0897255839
Resignation: (director)
Reappointment: (director) · “Tussenpersoon tussen een klant en een geneesheer-specialist wereldwijd; Het selecteren van een…” (deed in Dutch) · General meeting of 29-07-2022 · Gazette deed
First establishment
Brouwersstraat 7A, Leuven
Incorporation
published on 23-04-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MJO Leuven | €57,660 | -€17,294 | -145.3% | - |
| BORNBALD Sint-Pieters-Leeuw | €63,332 | -€5,031 | 50.6% | - |
| Electric Potato Zandhoven | €57,448 | €289 | 82.3% | - |
| PICKLES COMMUNICATION Pont-à-Celles | €49,807 | -€61 | 61.7% | - |
| PUBLI STYLEMAN Lievegem | €66,741 | -€9,338 | -209.2% | - |
| Spitzberg Bornem | €46,570 | -€12,075 | 92.2% | - |
| MAN-DAYS Kapelle-op-den-Bos | €76,453 | -€451 | 59.2% | - |
These companies have the same main activity as MJO: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €46,600 and €76,500, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 10-04-2008Normal situation
- Activity
- Advertising agenciesNACE 73110and 1 other
- Establishment unit
- 2.170.563.0603000 Leuven, since 29-04-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 31-07-2026
Insights on MJO
MJO files the micro format. That format states no turnover. The gross margin fell from €117,359 in 2009 to -€17,294 in 2025.
The balance sheet grew most in 2010 through fixed assets.
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 MJO
- What is the company number of MJO?
- The company number of MJO is 0897.255.839. The VAT number is the same number with BE in front: BE 0897.255.839.
- Where is MJO based?
- The registered office is at Brouwersstraat 7A, 3000 Leuven.Company details
- What does MJO do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of MJO?
- MJO is a private limited company (BV).
- When was MJO founded?
- MJO was founded on 10-04-2008.
- Is MJO still active?
- Yes, MJO is an active enterprise in the KBO register.
- What is the turnover of MJO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MJO profitable?
- In financial year 2025, MJO made a loss of €47,943.
- Where can I find the annual accounts of MJO?
- MJO filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MJO due?
- MJO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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