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MLJ ENTERTAINMENT

Judicial reorganisation
Private limited companyfounded 2017active for 8 yearsGasthuisstraat 31, 1000 Brussel, Belgium27 active companies are registered at this addressKBO/BCE: BE 0685.369.138
Summary

The file of MLJ ENTERTAINMENT contains 1 judicial reorganisation, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€98,515) and a net result of -€1,188. Equity is shrinking by about 5.2% per year across the filed financial years. Its solvency ranks better than 5% of 504 sector peers (NACE 93, financial year 2025).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
French-language Enterprise Court of Brussels
Opened
22 May 2020
Track
Reorganisation by amicable settlement
Docket number
20200023
Moratorium until
25 November 2020 (passed; an extension would be in a later judgment)
Delegated judge
Raphael Pieters
Official Gazette
27-05-2020 (pdf) ↗search the document for 2020/118837

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Sports, amusement and recreation activities
NACE 93293
1 site
Size
€52,807total assets 2025
Equity
-€98,515
Loss
-€1,188
Financial health
24 Critical Checked score 2025
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts 131 days early0 of 2 deeds read
Signalsraises riskNegative equityIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -186.6% of total assets
Liquidity 12-18
short-term debt 286.6% · cash 9.8%
Profitability 64-30
return on assets -2.2%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.08, compared with 0.14 in 2024, below 1; short-term debt: 286.6% and cash: 9.8% of total assets), and equity is negative.

Signals

Three signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192021222425
2018 to 2025 · latest year -€98,515
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 20-11-2025, 131 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
131 days early
2024
109 days early
2022
62 days early
2021
17 days early
2020
39 days early
2019
31 days early
2018
134 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-08-2026 year end14-10-2026 today31-03-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Highest result from 2018 to 2025net €16,715 ▲1,795%

Key points

  • Risk: In judicial reorganisationtrustee not known 22-05-2020 View
  • Risk: Negative equityfinancial year 2025: debts exceed assets -€98,515 View
  • Caution: Staff fell in 2025from 6.2 FTE to 0 FTE ▼ 100% View
  • Caution: Among the weakest 5% on solvencysector median 35.7% · 504 companies -186.6% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€52,807
Loss
-€1,188
Solvency
-186.6%
Total assets▼ 36.5%
Net result
20182025
Go to Financials

Timeline

Events
11
Since
2019
Next accounts
by 31-03-2027
  1. 30-05-2023Annual accounts filed
  2. 14-07-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Sports, amusement and recreation activitiesNACE 93293
Founded
27-11-2017
Year ends
31-08
Peppol
Reachable for e-invoices
Go to Company details

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