MMJ CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of MMJ CONCEPT is 2.5% (moderate). The 2024 annual accounts show equity of €61,021 and a net result of €63,711. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
- Equity
- €61,021
- Profit
- €63,711
Why 83- Limited track record- Higher-failure-rate sector- Higher-failure-rate regionLatest accounts filed on timeShow the evidence
Checked score
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Signals
This company filed its last 5 accounts on average 170 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2024Total assets €68,757Profit €63,711Solvency 88.7%Liquidity 11.98
Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Trend over the years
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets.
Result and balance sheet
Key figures and ratios
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | €348 | - | €387 | - |
| Gross operating margin9900 | -€4,308 | -€2,742 | -€16 | €64,180 | ▲ 401,225% |
| Operating profit (loss)9901 | -€4,308 | -€3,090 | -€16 | €63,793 | ▲ 398,806% |
| Financial charges65/66B | - | €53 | €123 | €82 | ▼ 33.3% |
| Recurring financial charges65 | - | €53 | €123 | €82 | ▼ 33.3% |
| Profit (loss) for the period before taxes9903 | -€4,308 | -€3,143 | -€139 | €63,711 | ▲ 45,935% |
| Profit (loss) for the period9904 | -€4,308 | -€3,143 | -€139 | €63,711 | ▲ 45,935% |
| Profit (loss) for the period to be appropriated9905 | -€4,308 | -€3,143 | -€139 | €63,711 | ▲ 45,935% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €592 | €1 | €1 | €68,757 | ▲ 6,875,600% |
| Current assets29/58 | €592 | €1 | €1 | €68,757 | ▲ 6,875,600% |
| Amounts receivable within one year40/41 | - | - | - | €2,712 | - |
| Trade receivables40 | - | - | - | €1,600 | - |
| Other amounts receivable41 | - | - | - | €1,112 | - |
| Cash at bank and in hand54/58 | €592 | €1 | €1 | €62,482 | ▲ 6,248,100% |
| Deferred charges and accrued income490/1 | - | - | - | €3,563 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €592 | €1 | €1 | €68,757 | ▲ 6,875,600% |
| Equity10/15 | €592 | -€2,551 | -€2,690 | €61,021 | ▲ 2,368% |
| Contributions10/11 | €4,900 | €4,900 | €4,900 | €4,900 | = |
| Profit (loss) carried forward14 | -€4,308 | -€7,451 | -€7,590 | €56,121 | ▲ 839% |
| Amounts payable17/49 | - | €2,552 | €2,691 | €7,736 | ▲ 187% |
| Amounts payable within one year42/48 | - | - | - | €5,741 | - |
| Trade debts44 | - | - | - | €4,356 | - |
| Suppliers440/4 | - | - | - | €4,356 | - |
| Other amounts payable47/48 | - | - | - | €1,385 | - |
| Accrued charges and deferred income492/3 | - | €2,552 | €2,691 | €1,995 | ▼ 25.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,308 | -€3,143 | -€139 | €63,711 | ▲ 45,935% |
| Operating cash flow (approximation) | -€4,308 | -€3,143 | -€139 | €63,711 | ▲ 45,935% |
| Change in cash | - | -€591 | €0 | €62,481 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Timeline
6 eventsLatest 18-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Company details
Private limited company · founded 09-02-2021Year ends 31-12Peppol reachable1 site
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62089A0527/00H004 | Wallonia | 791 m² | 1 · 127 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
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