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MOJO

Active
Private limited companyfounded 1990active for 36 yearsSchaarstraat 4, 8000 Brugge, BelgiumKBO/BCE: BE 0441.150.951
Summary

MOJO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€44,637) and a net result of €9,887. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 16,658 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, micro format

Equity
-€44,637▲ 18.1%
2024 · -€54,525
Total assets
€54,010▲ 5.8%
2024 · €51,041
Net result
€9,887▲ 339%
2024 · €2,253
Working capital
-€36,304▲ 24.2%
2024 · -€47,924
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 171% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€11,800 2025 Net result€9,887 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€7,512-€5,028▼ 33.1%€7,765▲ 54.4%-€13,162-€46,971▼ 257%-€18,533▲ 60.5%€4,352€11,800▲ 171%
Net result€7,459-€4,963▼ 33.5%€6,562within the sector's middle half▲ 32.2%-€17,056below the sector's middle half-€49,730below the sector's middle half▼ 192%-€20,924below the sector's middle half▲ 57.9%€2,253within the sector's middle half€9,887within the sector's middle half▲ 339%
Equity-€5,592--€630▲ 88.7%€30,932within the sector's middle half€13,877within the sector's middle half▼ 55.1%-€35,854below the sector's middle half-€56,778below the sector's middle half▼ 58.4%-€54,525below the sector's middle half▲ 4.0%-€44,637below the sector's middle half▲ 18.1%
Total assets€39,351-€47,814▲ 21.5%€61,384within the sector's middle half▲ 28.4%€137,431within the sector's middle half▲ 124%€92,846within the sector's middle half▼ 32.4%€80,806within the sector's middle half▼ 13.0%€51,041within the sector's middle half▼ 36.8%€54,010within the sector's middle half▲ 5.8%
Debt€44,943-€48,444▲ 7.8%€30,452▼ 37.1%€123,555▲ 306%€128,700▲ 4.2%€137,584▲ 6.9%€105,565▼ 23.3%€98,648▼ 6.6%
Working capital-€16,355--€19,315▼ 18.1%-€6,956within the sector's middle half▲ 64.0%€4,983within the sector's middle half-€36,611below the sector's middle half-€55,314below the sector's middle half▼ 51.1%-€47,924below the sector's middle half▲ 13.4%-€36,304below the sector's middle half▲ 24.2%
Solvency-14.2%--1.3%▲ 12.9pp50.4%within the sector's middle half▲ 51.7pp10.1%within the sector's middle half▼ 40.3pp-38.6%below the sector's middle half▼ 48.7pp-70.3%below the sector's middle half▼ 31.6pp-106.8%below the sector's middle half▼ 36.6pp-82.6%below the sector's middle half▲ 24.2pp
Current ratio0.63-0.59▼ 0.040.77within the sector's middle half▲ 0.181.09within the sector's middle half▲ 0.320.46below the sector's middle half▼ 0.630.35below the sector's middle half▼ 0.110.22below the sector's middle half▼ 0.130.42below the sector's middle half▲ 0.20
Return on assets (ROA)19.0%-10.4%▼ 8.6pp10.7%within the sector's middle half▲ 0.3pp-12.4%below the sector's middle half▼ 23.1pp-53.6%below the sector's middle half▼ 41.2pp-25.9%below the sector's middle half▲ 27.7pp4.4%within the sector's middle half▲ 30.3pp18.3%above the sector's middle half▲ 13.9pp
Staff (FTE)2.8-2.9▲ 3.6%2.4within the sector's middle half▼ 17.2%3.3▲ 37.5%3.7▲ 12.1%3.3▼ 10.8%3.9▲ 18.2%5.8▲ 48.7%
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,010
Fixed assets €27,863 ▼ 26.5%
Current assets €26,147 ▲ 99.2%
Equity and liabilities
Equity-€44,637
Debt€98,648
Equity is negative: debt (€98,648) exceeds the balance-sheet total (€54,010).
Key figures and ratios
2025 value · change against 2024
EBITDA
€21,849▲
2024 · €17,599
Cash flow
€19,936▲
2024 · €15,501
Quick ratio
0.32▲
2024 · 0.11
Interest coverage
12.92▲
2024 · 9.11
Debt ≤ 1 year
€62,451▲
2024 · €61,052
Debt > 1 year
€35,421▼
2024 · €43,737
Income taxes
€229▲
2024 · €206
Staff costs
€93,346▲
2024 · €75,851
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 91.4% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
5.3% stopped otherwise
91.4% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 3,795 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€51,041€54,010▲
Fixed assets21/28€37,912€27,863▼
Tangible fixed assets22/27€37,912€27,863▼
Plant, machinery and equipment23€37,209€27,761▼
Furniture and vehicles24€703€102▼
Current assets29/58€13,128€26,147▲
Stocks and contracts in progress3€6,368€6,314▼
Stocks30/36€6,368€6,314▼
Amounts receivable within one year40/41€431€1,986▲
Trade receivables40€189€1,966▲
Other amounts receivable41€242€20▼
Cash at bank and in hand54/58€5,457€16,735▲
Deferred charges and accrued income490/1€872€1,113▲
Equity and liabilities
Total equity and liabilities10/49€51,041€54,010▲
Equity10/15-€54,525-€44,637▲
Contributions10/11€43,592€43,592=
Profit (loss) carried forward14-€98,117-€88,229▲
Amounts payable17/49€105,565€98,648▼
Amounts payable after more than one year17€43,737€35,421▼
Financial debts170/4€43,737€35,421▼
Amounts payable within one year42/48€61,052€62,451▲
Current portion of amounts payable after more than one year42€8,111€8,316▲
Financial debts43€722€0▼
Credit institutions430/8€722€0▼
Trade debts44€13,482€11,281▼
Suppliers440/4€13,482€11,281▼
Taxes, remuneration and social security45€17,341€25,000▲
Taxes450/3€6,953€9,741▲
Remuneration and social security454/9€10,388€15,258▲
Other amounts payable47/48€21,397€17,854▼
Accrued charges and deferred income492/3€776€776=
Income statement Code20242025
Remuneration, social security and pensions62€75,851€93,346▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,247€10,049▼
Other operating charges640/8€1,238€1,281▲
Gross operating margin9900€94,688€116,476▲
Operating profit (loss)9901€4,352€11,800▲
Financial income75/76B€40€7▼
Recurring financial income75€40€7▼
Financial charges65/66B€1,933€1,692▼
Recurring financial charges65€1,933€1,692▼
Profit (loss) for the period before taxes9903€2,459€10,116▲
Income taxes67/77€206€229▲
Profit (loss) for the period9904€2,253€9,887▲
Profit (loss) for the period to be appropriated9905€2,253€9,887▲
Appropriation of the result
Profit (loss) to be appropriated9906-€98,117-€88,229▲
Profit (loss) brought forward from the previous period14P-€100,370-€98,117▲
Transfer from equity791/2€0-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€1,100€0----
Remuneration, social security and pensions62---€111,283€156,202€87,552€75,851€93,346▲ 23.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,539€5,239€9,188€14,634€16,575€14,626€13,247€10,049▼ 24.1%
Other operating charges640/8---€900€1,101€1,196€1,238€1,281▲ 3.5%
Gross operating margin9900€137,040€139,362€77,291€113,656€126,907€84,840€94,688€116,476▲ 23.0%
Operating profit (loss)9901€7,512€5,028€7,765-€13,162-€46,971-€18,533€4,352€11,800▲ 171%
Financial income75/76B---€70€1€1€40€7▼ 82.3%
Recurring financial income75€429€316€361€70€1€1€40€7▼ 82.3%
Financial charges65/66B---€1,892€2,569€2,189€1,933€1,692▼ 12.5%
Recurring financial charges65€291€205€1,381€1,892€2,569€2,189€1,933€1,692▼ 12.5%
Profit (loss) for the period before taxes9903€7,650€5,139€6,745-€14,983-€49,539-€20,721€2,459€10,116▲ 311%
Income taxes67/77€191€176€183€2,072€191€203€206€229▲ 11.2%
Profit (loss) for the period9904€7,459€4,963€6,562-€17,056-€49,730-€20,924€2,253€9,887▲ 339%
Transfer from tax-exempt reserves789---€18,750€0----
Profit (loss) for the period to be appropriated9905€7,459€4,963€6,562€1,694-€49,730-€20,924€2,253€9,887▲ 339%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€39,351€47,814€61,384€137,431€92,846€80,806€51,041€54,010▲ 5.8%
Fixed assets21/28€11,745€19,688€37,888€77,868€61,292€51,160€37,912€27,863▼ 26.5%
Tangible fixed assets22/27€11,720€19,688€37,888€77,868€61,292€51,160€37,912€27,863▼ 26.5%
Plant, machinery and equipment23---€75,362€59,387€49,856€37,209€27,761▼ 25.4%
Furniture and vehicles24---€2,506€1,905€1,304€703€102▼ 85.5%
Financial fixed assets28€25--------
Current assets29/58€27,606€28,126€23,496€59,564€31,554€29,646€13,128€26,147▲ 99.2%
Stocks and contracts in progress3€8,281€4,843€1,011€8,380€6,492€5,251€6,368€6,314▼ 0.8%
Stocks30/36---€8,380€6,492€5,251€6,368€6,314▼ 0.8%
Amounts receivable within one year40/41€3,941€3,731€5,480€5,256€435€1,431€431€1,986▲ 360%
Trade receivables40-----€1,431€189€1,966▲ 941%
Other amounts receivable41---€5,256€435€0€242€20▼ 91.9%
Cash at bank and in hand54/58€14,507€18,679€10,634€45,043€23,749€7,803€5,457€16,735▲ 207%
Deferred charges and accrued income490/1---€884€878€15,161€872€1,113▲ 27.5%
Equity and liabilities
Total equity and liabilities10/49€39,351€47,814€61,384€137,431€92,846€80,806€51,041€54,010▲ 5.8%
Equity10/15-€5,592-€630€30,932€13,877-€35,854-€56,778-€54,525-€44,637▲ 18.1%
Contributions10/11€18,592€18,592-€43,592€43,592€43,592€43,592€43,592=
Reserves13€23,988€23,988€23,988€5,238€5,238€0---
Tax-exempt reserves132---€0-----
Distributable reserves133---€5,238€5,238€0---
Profit (loss) carried forward14-€48,172-€43,210-€36,648-€34,953-€84,684-€100,370-€98,117-€88,229▲ 10.1%
Amounts payable17/49€44,943€48,444€30,452€123,555€128,700€137,584€105,565€98,648▼ 6.6%
Amounts payable after more than one year17---€67,475€59,759€51,848€43,737€35,421▼ 19.0%
Financial debts170/4---€67,475€59,759€51,848€43,737€35,421▼ 19.0%
Amounts payable within one year42/48€43,961€47,441€30,452€54,580€68,165€84,960€61,052€62,451▲ 2.3%
Current portion of amounts payable after more than one year42---€7,525€7,716€7,911€8,111€8,316▲ 2.5%
Financial debts43---€0-€2,481€722€0▼ 100%
Credit institutions430/8---€0-€2,481€722€0▼ 100%
Trade debts44€23,513€28,245€10,456€25,584€29,358€31,447€13,482€11,281▼ 16.3%
Suppliers440/4---€25,584€29,358€31,447€13,482€11,281▼ 16.3%
Advances received on contracts in progress46---€0-----
Taxes, remuneration and social security45---€21,471€29,007€16,161€17,341€25,000▲ 44.2%
Taxes450/3---€7,221€9,077€6,141€6,953€9,741▲ 40.1%
Remuneration and social security454/9---€14,250€19,930€10,021€10,388€15,258▲ 46.9%
Other amounts payable47/48----€2,084€26,960€21,397€17,854▼ 16.6%
Accrued charges and deferred income492/3---€1,500€776€776€776€776=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€7,459€4,963€6,562-€17,056-€49,730-€20,924€2,253€9,887▲ 339%
+ Depreciation and write-downs630€6,539€5,239€9,188€14,634€16,575€14,626€13,247€10,049▼ 24.1%
Operating cash flow (approximation)€13,997€10,201€15,750-€2,421-€33,155-€6,298€15,501€19,936▲ 28.6%
Investment in fixed assets (approximation)--€13,182-€27,388-€54,614€0-€4,494€0€0-
Change in cash-€4,172-€8,044€34,409-€21,295-€15,946-€2,346€11,278-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 36 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 23-07-2026 2026-00340756
31-12-2024 micro format 27-08-2025 2025-00426221
31-12-2023 micro format 30-09-2024 2024-00484959
31-12-2022 micro format 28-07-2023 2023-00307966
31-12-2021 micro format 29-08-2022 2022-20336432
31-12-2020 micro format 28-09-2021 2021-69800347
31-12-2019 micro format 24-09-2020 2020-55100062
31-12-2018 micro format 29-08-2019 2019-53300409
31-12-2017 micro format 26-09-2018 2018-64500075
31-12-2016 micro format 30-08-2017 2017-50400463

Show all 36 filings

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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 20,117 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,493. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.