MJSV
ActiveSummary
MJSV has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €3k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 36% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability34▼-5
Solvency50▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.33 in 2024; short-term debt: 75% and cash: 3.8% of total assets), and 75.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.8%
Return on assets
0.6%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €127k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-03-2026, 35 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 · 10 filingsDeviation from the deadline
2025
35 d late
2024
13 d late
2023
21 d late
2022
on the day
2021
26 d late
2020
1 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€127k▲ 2.5%
2024 · €124k
2019: €139khighest in 7 years
2020: €123k▼ -11.2% vs 2019
2021: €100k▼ -18.7% vs 2020lowest in 7 years
2022: €105k▲ +5.0% vs 2021
2023: €114k▲ +7.8% vs 2022
2024: €124k▲ +9.5% vs 2023
2025: €127k▲ +2.5% vs 2024
2019 → 2025
Total assets
€514k▲ 12.3%
2024 · €458k
2019: €421k
2020: €376k▼ -10.7% vs 2019
2021: €367k▼ -2.4% vs 2020lowest in 7 years
2022: €431k▲ +17.6% vs 2021
2023: €450k▲ +4.4% vs 2022
2024: €458k▲ +1.6% vs 2023
2025: €514k▲ +12.3% vs 2024highest in 7 years
2019 → 2025
Net result
€3k▼ 71.1%
2024 · €11k
2019: €5k
2020: €-16k▼ -411% vs 2019
2021: €-23k▼ -48.9% vs 2020lowest in 7 years
2022: €5k▲ +122% vs 2021
2023: €8k▲ +63.1% vs 2022
2024: €11k▲ +30.6% vs 2023highest in 7 years
2025: €3k▼ -71.1% vs 2024
2019 → 2025
Working capital
€91k▼ 12.6%
2024 · €104k
2019: €96k
2020: €148k▲ +54.2% vs 2019highest in 7 years
2021: €82k▼ -44.7% vs 2020lowest in 7 years
2022: €136k▲ +66.3% vs 2021
2023: €124k▼ -9.2% vs 2022
2024: €104k▼ -15.8% vs 2023
2025: €91k▼ -12.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€100k-€105k▲ 5.0%€114k▲ 7.8%€124k▲ 9.5%€127k▲ 2.5%
2021: €100klowest in 5 years
2022: €105k▲ +5.0% vs 2021
2023: €114k▲ +7.8% vs 2022
2024: €124k▲ +9.5% vs 2023
2025: €127k▲ +2.5% vs 2024highest in 5 years
Operating result€-10k-€22k€14k▼ 35.0%€25k▲ 74.9%€18k▼ 28.3%
2021: €-10klowest in 5 years
2022: €22k▲ +316% vs 2021
2023: €14k▼ -35.0% vs 2022
2024: €25k▲ +74.9% vs 2023highest in 5 years
2025: €18k▼ -28.3% vs 2024
Net result€-23k-€5k€8k▲ 63.1%€11k▲ 30.6%€3k▼ 71.1%
2021: €-23klowest in 5 years
2022: €5k▲ +122% vs 2021
2023: €8k▲ +63.1% vs 2022
2024: €11k▲ +30.6% vs 2023highest in 5 years
2025: €3k▼ -71.1% vs 2024
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 falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €514k
Fixed assets
€37k ▲ 2.0%
Current assets
€476k ▲ 13.2%
Equity and liabilities €514k
Equity
€127k ▲ 2.5%
Debt
€386k ▲ 15.9%
Debt's share of the balance-sheet total rises from 72.8% to 75.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▼
2024 · €32k
Cash flow
€11k▼
2024 · €18k
Current ratio
1.24▼
2024 · 1.33
Quick ratio
0.74▼
2024 · 0.81
Debt to equity
3.03▲
2024 · 2.68
ROE
2.4%▼
2024 · 8.7%
ROA
0.6%▼
2024 · 2.4%
Interest coverage
1.71▼
2024 · 2.04
Debt ≤ 1 year
€385k▲
2024 · €317k
Debt > 1 year
€1k▼
2024 · €16k
Income taxes
€1▼
2024 · €82
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€458k€514k▲
Fixed assets21/28€37k€37k▲
Tangible fixed assets22/27€32k€32k▲
Land and buildings22€24k€27k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€5k€5k=
Current assets29/58€421k€476k▲
Stocks and contracts in progress3€163k€190k▲
Stocks30/36€163k€190k▲
Amounts receivable within one year40/41€247k€267k▲
Trade receivables40€75k€113k▲
Other amounts receivable41€172k€154k▼
Cash at bank and in hand54/58€10k€19k▲
Deferred charges and accrued income490/1€520-
Equity and liabilities
Total equity and liabilities10/49€458k€514k▲
Equity10/15€124k€127k▲
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-76k€-73k▲
Amounts payable17/49€333k€386k▲
Amounts payable after more than one year17€16k€1k▼
Financial debts170/4€16k€1k▼
Amounts payable within one year42/48€317k€385k▲
Current portion of amounts payable after more than one year42€36k€15k▼
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€76k€2k▼
Suppliers440/4€76k€2k▼
Taxes, remuneration and social security45€31k€86k▲
Taxes450/3€31k€86k▲
Other amounts payable47/48€123k€232k▲
Accrued charges and deferred income492/3€506-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€11k€8k▼
Gross operating margin9900€42k€33k▼
Operating profit (loss)9901€25k€18k▼
Financial income75/76B€1k€2▼
Recurring financial income75€1k€2▼
Financial charges65/66B€16k€15k▼
Recurring financial charges65€16k€15k▼
Profit (loss) for the period before taxes9903€11k€3k▼
Income taxes67/77€82€1▼
Profit (loss) for the period9904€11k€3k▼
Profit (loss) for the period to be appropriated9905€11k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-76k€-73k▲
Profit (loss) brought forward from the previous period14P€-86k€-76k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €8k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €23k | €17k | €7k | €7k | ▲ 10.4% |
| Other operating charges640/8 | - | €929 | €2k | €11k | €8k | ▼ 29.1% |
| Gross operating margin9900 | €35k | €53k | €33k | €42k | €33k | ▼ 22.4% |
| Operating profit (loss)9901 | €-10k | €22k | €14k | €25k | €18k | ▼ 28.3% |
| Financial income75/76B | - | €261 | €6k | €1k | €2 | ▼ 99.9% |
| Recurring financial income75 | €869 | €261 | €6k | €1k | €2 | ▼ 99.9% |
| Financial charges65/66B | - | €17k | €12k | €16k | €15k | ▼ 4.7% |
| Recurring financial charges65 | €14k | €17k | €12k | €16k | €15k | ▼ 4.7% |
| Profit (loss) for the period before taxes9903 | €-23k | €5k | €8k | €11k | €3k | ▼ 71.4% |
| Income taxes67/77 | €249 | €266 | €213 | €82 | €1 | ▼ 99.3% |
| Profit (loss) for the period9904 | €-23k | €5k | €8k | €11k | €3k | ▼ 71.1% |
| Profit (loss) for the period to be appropriated9905 | €-23k | €5k | €8k | €11k | €3k | ▼ 71.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €367k | €431k | €450k | €458k | €514k | ▲ 12.3% |
| Fixed assets21/28 | €79k | €57k | €42k | €37k | €37k | ▲ 2.0% |
| Tangible fixed assets22/27 | €74k | €52k | €37k | €32k | €32k | ▲ 2.3% |
| Land and buildings22 | - | €44k | €28k | €24k | €27k | ▲ 10.8% |
| Plant, machinery and equipment23 | - | €8k | €8k | €5k | €4k | ▼ 19.9% |
| Furniture and vehicles24 | - | - | €985 | €2k | €1k | ▼ 43.2% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €287k | €375k | €408k | €421k | €476k | ▲ 13.2% |
| Stocks and contracts in progress3 | €142k | €138k | €176k | €163k | €190k | ▲ 16.1% |
| Stocks30/36 | - | €138k | €176k | €163k | €190k | ▲ 16.1% |
| Amounts receivable within one year40/41 | €137k | €213k | €213k | €247k | €267k | ▲ 8.4% |
| Trade receivables40 | - | €43k | €42k | €75k | €113k | ▲ 51.0% |
| Other amounts receivable41 | - | €171k | €172k | €172k | €154k | ▼ 10.2% |
| Cash at bank and in hand54/58 | €8k | €22k | €18k | €10k | €19k | ▲ 86.3% |
| Deferred charges and accrued income490/1 | - | €712 | €737 | €520 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €367k | €431k | €450k | €458k | €514k | ▲ 12.3% |
| Equity10/15 | €100k | €105k | €114k | €124k | €127k | ▲ 2.5% |
| Contributions10/11 | - | €200k | €200k | €200k | €200k | = |
| Profit (loss) carried forward14 | €-100k | €-95k | €-86k | €-76k | €-73k | ▲ 4.1% |
| Amounts payable17/49 | €266k | €326k | €337k | €333k | €386k | ▲ 15.9% |
| Amounts payable after more than one year17 | €61k | €88k | €53k | €16k | €1k | ▼ 92.3% |
| Financial debts170/4 | - | €88k | €53k | €16k | €1k | ▼ 92.3% |
| Amounts payable within one year42/48 | €205k | €238k | €284k | €317k | €385k | ▲ 21.7% |
| Current portion of amounts payable after more than one year42 | - | €33k | €35k | €36k | €15k | ▼ 58.5% |
| Financial debts43 | - | €50k | €50k | €50k | €50k | = |
| Credit institutions430/8 | - | €50k | €50k | €50k | €50k | = |
| Trade debts44 | €59k | €26k | €34k | €76k | €2k | ▼ 97.2% |
| Suppliers440/4 | - | €26k | €34k | €76k | €2k | ▼ 97.2% |
| Taxes, remuneration and social security45 | - | €34k | €44k | €31k | €86k | ▲ 175% |
| Taxes450/3 | - | €33k | €44k | €31k | €86k | ▲ 175% |
| Remuneration and social security454/9 | - | €1k | - | - | - | - |
| Other amounts payable47/48 | - | €95k | €120k | €123k | €232k | ▲ 87.9% |
| Accrued charges and deferred income492/3 | - | - | - | €506 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-23k | €5k | €8k | €11k | €3k | ▼ 71.1% |
| + Depreciation and write-downs630 | €23k | €23k | €17k | €7k | €7k | ▲ 10.4% |
| Operating cash flow (approximation) | €23 | €28k | €26k | €18k | €11k | ▼ 39.8% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €-1k | €-8k | ▼ 546% |
| Change in cash | - | €14k | €-4k | €-8k | €9k | ▲ 215% |
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
Next filing, fiscal year 2026, expected by
2026
07-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 35 days late
2025
13-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
30-06
Financial
Highest result since 2019net €11k ▲30.6%
Operating result €25k, net result €11k, both a record.
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
26-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-06
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 231 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Maaseik · 1 establishment unit since 2013
Ground area
301 m²
Building footprint
301 m²
Volume, LiDAR
2,529 m³
Parcel 72021E0885/00B000, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
MJSV
since 20132.218.823.728
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021E0885/00B000 | Flanders | 301 m² | 1 · 301 m² | 16.5 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 2,213 companies in sector 47711 we hold annual accounts for 889. 694 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
Founded21-03-2013
Fiscal year end30-06
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.