MJS-Management
ActiveMJS-Management has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+28
Solvency65▲+7
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.73 in 2023; short-term debt: 60.1% and cash: 3.6% of total assets), and 60.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
39.9%
Return on assets
5.6%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €46k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
54 d late
2022
91 d late
2021
164 d late
2020
36 d late
2019
288 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€195k▼ 41.5%
2021 · €332k
2018: €26k
2019: €18k
2020: €141k
2021: €332k
2018 → 2022
EBIT margin
-19.0%▼ 35.2pp
2021 · 16.3%
2018: 0.4%
2019: 2.1%
2020: 0.3%
2021: 16.3%
2018 → 2022
Net result
€6k▲ 33.3%
2023 · €5k
2018: €-13k
2019: €-120
2020: €882
2021: €47k
2022: €-38k
2023: €5k
2018 → 2024
Working capital
€-13k▲ 39.4%
2023 · €-21k
2018: €-92k
2019: €-89k
2020: €-83k
2021: €-31k
2022: €-29k
2023: €-21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€141k-€332k▲ 135%€195k▼ 41.5%
Equity€-12k-€35k€35k=€40k▲ 13.9%€46k▲ 16.3%
Operating result€461-€54k▲ 11,631%€-37k€13k€19k▲ 50.9%
Net result€882-€47k▲ 5,178%€-38k€5k€6k▲ 33.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 51% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €115k
Fixed assets
€59k▼ 3.0%
Current assets
€57k▼ 2.8%
Equity and liabilities €115k
Equity
€46k▲ 16.3%
Debt
€69k▼ 12.5%
The debt ratio falls from 66.7% to 60.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2023 · €16k
Cash flow
€12k▲
2023 · €8k
Solvency
39.9%▲
2023 · 33.3%
Current ratio
0.82▲
2023 · 0.73
Quick ratio
0.75▲
2023 · 0.73
Debt / equity
1.50▼
2023 · 2.00
ROE
14.0%▲
2023 · 12.2%
ROA
5.6%▲
2023 · 4.1%
Interest coverage
37.63
Debt
€69k▼
2023 · €79k
Debt ≤ 1 year
€69k▼
2023 · €79k
Income taxes
€14k▲
2023 · €8k
Staff costs
€77k▲
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€119k€115k▼
Fixed assets21/28€61k€59k▼
Intangible fixed assets21€50k€45k▼
Tangible fixed assets22/27€5k€8k▲
Plant, machinery and equipment23€607€173▼
Furniture and vehicles24€4k€8k▲
Financial fixed assets28€6k€6k=
Current assets29/58€58k€57k▼
Stocks and contracts in progress3-€5k
Stocks30/36-€5k
Amounts receivable within one year40/41€57k€48k▼
Trade receivables40€0-
Other amounts receivable41€57k€48k▼
Cash at bank and in hand54/58€909€4k▲
Equity and liabilities
Total equity and liabilities10/49€119k€115k▼
Equity10/15€40k€46k▲
Contributions10/11€30k€30k=
Revaluation surpluses12€50k€50k=
Profit (loss) carried forward14€-40k€-34k▲
Amounts payable17/49€79k€69k▼
Amounts payable within one year42/48€79k€69k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€3k€10k▲
Suppliers440/4€3k€10k▲
Taxes, remuneration and social security45€2k€59k▲
Taxes450/3€2k€29k▲
Remuneration and social security454/9€0€30k▲
Other amounts payable47/48€74k€0▼
Income statement
Code20232024
Non-recurring operating income76A€17k€0▼
Remuneration, social security and pensions62€3k€77k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€6k€21k▲
Non-recurring operating charges66A-€907
Gross operating margin9900€25k€124k▲
Operating profit (loss)9901€13k€19k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€0€662▲
Recurring financial charges65€0€662▲
Profit (loss) for the period before taxes9903€13k€20k▲
Income taxes67/77€8k€14k▲
Profit (loss) for the period9904€5k€6k▲
Profit (loss) for the period to be appropriated9905€5k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-34k▲
Profit (loss) brought forward from the previous period14P€-45k€-40k▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 164 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 36 days late
2022
31-12
Financial
Weakest financial yearnet €-38k ▼182%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
2021
31-12
Financial
Highest result since 2018net €47k ▲5178%
Operating result €54k, net result €47k, both a record.
05-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 36 days late
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 288 days late
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 654 days late
2020
31-12
Financial
Back to profitnet €882
Net result €882 after 2 loss-making years.
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Mechelen · 1 establishment unit since 2015
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.
Brusselsepoortstraat 322800 MechelenGround area
207 m²
Building footprint
207 m²
Volume, LiDAR
1,401 m³
Parcel 12404F0638/00V000, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Brasserie Plaisances
since 20152.239.375.157
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404F0638/00V000 | Flanders | 206 m² | 1 · 206 m² | 12.1 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.239.375.157
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Of 5,694 companies in sector 70100 we hold annual accounts for 3,489. 2,024 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-02-2012
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.