MJV Services (0480.062.995): financials and annual accounts

MJV Services

La Louvière ·KBO/BCE: BE 0480.062.995

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	138,838	157,869	204,806	187,013	174,829	223,941	271,963	243,585	307,913	285,677	269,599	266,972	189,649	166,553	157,497	149,741	285,014	188,584	177,975	142,286
Fixed assets`21/28`	2,575	14,759	19,669	26,424	28,088	23,299	28,909	26,644	24,245	36,368	50,902	27,132	21,559	22,694	6,724	1,909	1,908	3,777	8,943	14,106
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	180
Tangible fixed assets`22/27`	-	12,184	17,094	23,849	25,513	20,724	26,334	26,334	23,935	36,058	50,727	26,957	21,384	22,694	6,724	1,909	1,908	3,777	8,943	13,926
Plant, machinery and equipment`23`	-	2,200	4,080	7,806	6,440	9,730	9,730	9,730	7,331	8,298	7,602	8,889	5,600	6,339	5,940	1,909	1,908	3,277	3,316	2,853
Furniture and vehicles`24`	-	9,984	13,014	16,043	19,073	10,994	16,604	16,604	16,604	27,760	43,125	18,068	15,784	16,355	784	-	-	500	5,627	10,921
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	152
Financial fixed assets`28`	2,575	2,575	2,575	2,575	2,575	2,575	2,575	310	310	310	175	175	175	-	-	-	-	-	-	-
Current assets`29/58`	136,263	143,110	185,137	160,589	146,741	200,642	243,054	216,941	283,668	249,309	218,697	239,840	168,090	143,859	150,773	147,832	283,106	184,807	169,032	128,180
Amounts receivable after more than one year`29`	-	-	-	-	-	-	-	20,000	36,000	40,000	40,000	40,000	-	-	-	-	-	-	-	-
Trade receivables`290`	-	-	-	-	-	-	-	20,000	36,000	40,000	40,000	40,000	-	-	-	-	-	-	-	-
Stocks and contracts in progress`3`	92,971	92,971	84,383	89,361	89,361	89,361	122,239	120,336	165,100	141,390	149,422	125,703	125,681	84,934	136,660	141,037	195,679	173,844	142,545	90,753
Stocks`30/36`	92,971	92,971	84,383	89,361	89,361	89,361	122,239	120,336	165,100	141,390	149,422	125,703	125,681	84,934	136,660	141,037	195,679	173,844	142,545	90,753
Amounts receivable within one year`40/41`	43,180	45,040	95,486	66,041	52,595	105,687	114,791	73,274	76,787	53,898	8,876	55,398	36,479	55,592	9,781	6,795	81,817	10,792	14,820	23,473
Trade receivables`40`	19,797	21,103	77,911	57,668	47,723	99,785	114,791	72,619	76,787	52,778	8,876	55,398	376	28,921	9,438	6,452	81,227	10,716	10,687	23,473
Other amounts receivable`41`	23,383	23,937	17,575	8,373	4,872	5,902	-	655	-	1,120	-	-	36,103	26,671	343	343	590	76	4,133	-
Cash at bank and in hand`54/58`	-	4,716	4,815	4,744	4,341	5,169	4,077	2,937	5,132	13,244	19,622	18,739	5,930	3,333	4,332	-	5,610	171	11,667	11,040
Deferred charges and accrued income`490/1`	113	383	453	443	444	425	1,947	394	649	777	777	-	-	-	-	-	-	-	-	2,914
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	138,838	157,869	204,806	187,013	174,829	223,941	271,963	243,585	307,913	285,677	269,599	266,972	189,649	166,553	157,497	149,741	285,014	188,584	177,975	142,286
Equity`10/15`	94,530	114,582	121,385	118,763	114,173	110,443	106,710	105,944	99,012	93,515	87,718	82,466	71,465	62,165	55,958	46,368	36,826	22,929	25,036	24,431
Contributions`10/11`	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Capital`10`	-	-	-	-	-	12,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Contributions outside capital`11`	12,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other`1109/19`	12,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revaluation surpluses`12`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reserves`13`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	930	930	930
Non-distributable reserves`130/1`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	930	930	930
Reserves not available under the articles`1311`	-	-	-	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	80,270	100,322	107,125	104,503	99,913	96,183	92,450	91,684	84,752	79,255	73,458	68,206	57,205	47,905	41,698	32,108	22,566	9,599	11,706	11,101
Investment grants`15`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advance to shareholders on the distribution of net assets`19`	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	44,308	43,287	83,421	68,250	60,656	113,498	165,253	137,641	208,901	192,162	181,881	184,506	118,184	104,388	101,539	103,373	248,188	165,655	152,939	117,855
Amounts payable after more than one year`17`	-	-	2,259	5,489	8,537	11,414	-	15,720	31,115	31,425	45,125	19,663	17,099	11,861	-	15,000	18,042	25,000	25,000	15,000
Financial debts`170/4`	-	-	2,259	5,489	8,537	11,414	-	15,720	31,115	31,425	45,125	19,663	17,099	11,861	-	15,000	18,042	25,000	25,000	15,000
Amounts payable within one year`42/48`	44,308	43,287	81,162	62,761	52,119	101,356	164,512	121,921	177,786	160,737	136,756	164,843	101,085	92,527	101,539	88,373	229,830	140,514	127,798	102,713
Current portion of amounts payable after more than one year`42`	1,019	1,019	3,575	3,337	2,877	2,715	7,720	16,764	16,057	12,794	14,660	9,708	4,761	4,565	-	3,042	3,057	-	-	-
Financial debts`43`	31,480	34,667	35,962	35,448	34,307	28,187	30,613	51,106	48,180	46,602	25,189	28,495	19,618	20,218	20,821	25,313	19,920	19,856	18,153	4,315
Credit institutions`430/8`	31,480	34,667	35,962	35,448	34,307	28,187	30,613	51,106	48,180	46,602	25,189	28,495	19,618	20,218	20,821	25,313	19,920	19,856	18,153	4,315
Trade debts`44`	-	2,178	5,922	6,536	11,514	4,243	61,696	32,867	45,829	45,966	71,976	98,541	42,915	28,994	19,590	5,010	84,256	52,156	49,227	29,027
Suppliers`440/4`	-	2,178	5,922	6,536	11,514	4,127	24,576	23,103	36,933	45,966	71,976	98,541	42,915	28,994	19,590	5,010	84,256	52,156	11,927	29,027
Bills of exchange payable`441`	-	-	-	-	-	116	37,120	9,764	8,896	-	-	-	-	-	-	-	-	-	37,300	-
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	3,415	38,264	32,556	-	-	4,300	1,500	2,000	-	-	-	-	-
Taxes, remuneration and social security`45`	5,254	5,423	5,167	4,312	3,421	11,104	14,653	3,485	5,748	6,580	10,519	14,177	7,446	11,477	20,654	17,496	17,996	10,685	5,380	4,397
Taxes`450/3`	5,254	5,423	5,167	4,312	3,421	11,104	14,653	3,485	5,748	6,580	10,519	14,177	7,446	11,477	20,654	17,496	17,826	4,763	3,488	4,397
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170	5,922	1,892	-
Other amounts payable`47/48`	6,555	-	30,536	13,128	-	55,107	49,830	14,284	23,708	16,239	14,412	13,922	22,045	25,773	38,474	37,512	104,601	57,817	55,038	64,974
Accrued charges and deferred income`492/3`	-	-	-	-	-	728	741	-	-	-	-	-	-	-	-	-	316	141	141	141
Income statement
Gross operating margin`9900`	-3,364	3,622	17,252	19,873	31,200	19,584	10,328	26,765	36,916	46,282	41,022	34,296	23,543	22,411	18,311	18,028	30,823	27,536	20,493	17,626
Remuneration, social security and pensions`62`	-	-	5	-	-	18	67	490	538	-	1,000	373	45	537	381	425	-18	12,612	5,051	36
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	12,184	4,910	6,755	7,164	10,211	-	-	-	14,829	19,129	19,990	11,231	7,721	6,175	2,316	1,597	1,869	6,566	6,563	7,950
Other operating charges`640/8`	275	891	261	1,899	1,489	11,498	3,799	5,375	3,066	5,446	2,793	1,956	817	1,206	1,078	850	2,498	2,937	556	3,353
Operating profit (loss)`9901`	-15,823	-2,179	10,231	10,810	19,500	8,068	6,462	20,900	18,483	21,707	17,239	20,736	14,960	14,493	14,536	15,156	26,474	5,421	8,323	6,287
Financial income`75/76B`	-	1,259	686	1	349	4,014	9,677	4	221	25	5	595	2,334	2,184	15	53	-	-	-	197
Recurring financial income`75`	-	1,259	686	1	349	20	3	4	221	25	5	595	2,334	2,184	15	53	-	-	-	197
Non-recurring financial income`76B`	-	-	-	-	-	3,994	9,674	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	5,287	5,714	5,195	6,221	15,783	6,301	14,716	10,627	10,291	11,014	6,811	6,830	3,944	5,650	4,961	5,667	4,509	4,363	3,130	694
Recurring financial charges`65`	5,287	5,714	5,195	6,221	5,833	5,850	9,716	10,627	10,291	11,014	6,811	6,830	3,944	5,650	4,961	5,667	4,509	4,363	3,130	694
Non-recurring financial charges`66B`	-	-	-	-	9,950	451	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	-21,109	-6,634	5,722	4,590	4,066	5,781	1,423	10,277	8,413	10,718	10,433	14,501	13,350	11,027	9,590	9,542	21,965	1,058	5,193	5,789
Income taxes`67/77`	-	169	3,100	-	336	2,048	657	3,345	2,916	4,921	5,181	3,500	4,050	4,820	-	-	8,068	3,165	4,588	-
Profit (loss) for the period`9904`	-21,109	-6,803	2,622	4,590	3,730	3,733	766	6,932	5,497	5,797	5,252	11,001	9,300	6,207	9,590	9,542	13,897	-2,107	605	5,789
Profit (loss) for the period to be appropriated`9905`	-21,109	-6,803	2,622	4,590	3,730	3,733	766	6,932	5,497	5,797	5,252	11,001	9,300	6,207	9,590	9,542	13,897	-2,107	605	5,789
Appropriation of the result
Profit (loss) to be appropriated`9906`	80,270	100,322	107,125	104,503	99,913	96,183	92,450	91,684	84,752	79,255	73,458	68,206	57,205	47,905	41,698	32,108	23,496	9,599	11,706	12,031
Profit (loss) brought forward from the previous period`14P`	101,380	107,125	104,503	99,913	96,183	92,450	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	930	-	-	930
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	930	-	-	930
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	08-09-2026	2026-00513498	PDF
31-12-2024	micro format	28-05-2026	2026-00124375	PDF
31-12-2023	micro format	30-05-2025	2025-00120931	PDF
31-12-2022	micro format	10-10-2023	2023-00485146	PDF
31-12-2021	full format	21-10-2022	2022-20469136	PDF
31-12-2020	micro format	31-05-2022	2022-20039556	PDF
31-12-2019	micro format	30-12-2020	2020-77900023	PDF
31-12-2018	micro format	26-08-2019	2019-50700035	PDF
31-12-2017	micro format	05-11-2018	2018-71500431	PDF
31-12-2016	micro format	30-11-2017	2017-70700104	PDF
31-12-2015	full format	22-09-2016	2016-60800124	PDF
31-12-2014	full format	30-09-2015	2015-62300235	PDF
31-12-2013	full format	25-09-2014	2014-60100124	PDF
31-12-2012	full format	24-09-2013	2013-59100346	PDF
31-12-2011	full format	17-08-2012	2012-42200045	PDF
31-12-2010	full format	28-02-2012	2012-05000575	PDF
31-12-2009	full format	15-04-2011	2011-08500118	PDF
31-12-2008	full format	05-03-2010	2010-06100160	PDF
31-12-2007	full format	03-03-2010	2010-05900416	PDF
31-12-2006	full format	24-08-2007	2007-61800020	PDF
31-12-2005	full format	31-08-2006	2006-77103540	PDF
31-12-2004	full format	24-11-2005	2005-87001044	PDF
31-12-2003	full format	18-01-2005	2005-02002522	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-3,638	2,731	16,986	17,974	29,711	-	-	-	33,312	40,836	37,229	31,967	22,681	20,668	16,852	16,753	28,343	11,987	14,886	14,236
Cash flow	-8,925	-1,893	9,377	11,754	13,941	-	-	-	20,326	24,926	25,242	22,232	17,021	12,382	11,906	11,139	15,766	4,459	7,168	13,739
Investment in fixed assets (approximation)	0	0	0	5,500	15,000	10,744	2,400	2,399	2,706	4,595	43,760	16,804	6,586	22,145	7,131	1,598	0	1,400	1,400	16,766
Change in cash	-	-99	71	403	-828	1,092	1,140	-2,195	-8,112	-6,378	883	12,809	2,597	-999	-	-	5,439	-11,496	627	-
Working capital	91,955	99,823	103,975	97,828	94,622	99,286	78,542	95,020	105,882	88,572	81,941	74,997	67,005	51,332	49,234	59,459	53,276	44,293	41,234	25,467
Solvency	68.1%	72.6%	59.3%	63.5%	65.3%	49.3%	39.2%	43.5%	32.2%	32.7%	32.5%	30.9%	37.7%	37.3%	35.5%	31.0%	12.9%	12.2%	14.1%	17.2%
Current ratio	3.08	3.31	2.28	2.56	2.82	1.98	1.48	1.78	1.60	1.55	1.60	1.45	1.66	1.55	1.48	1.67	1.23	1.32	1.32	1.25
Quick ratio	0.98	1.16	1.24	1.13	1.10	1.10	0.73	0.79	0.67	0.67	0.51	0.69	0.42	0.64	0.14	0.08	0.38	0.08	0.21	0.36
Debt to equity	0.47	0.38	0.69	0.57	0.53	1.03	1.55	1.30	2.11	2.05	2.07	2.24	1.65	1.68	1.81	2.23	6.74	7.22	6.11	4.82
ROE	-22.3%	-5.9%	2.2%	3.9%	3.3%	3.4%	0.7%	6.5%	5.6%	6.2%	6.0%	13.3%	13.0%	10.0%	17.1%	20.6%	37.7%	-9.2%	2.4%	23.7%
ROA	-15.2%	-4.3%	1.3%	2.5%	2.1%	1.7%	0.3%	2.8%	1.8%	2.0%	1.9%	4.1%	4.9%	3.7%	6.1%	6.4%	4.9%	-1.1%	0.3%	4.1%
Interest coverage	-0.69	0.48	3.27	2.89	5.09	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	-	€5,500	€15,000
Depreciation and write-downs of the year	€12,184	€4,910	€6,755	€7,164	€10,211

MJV Services

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cash

Position in the sector

Solvency68.1%

Current ratio3.08

Return on assets-15.2%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on MJV Services

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