MOJO
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-07-2024, 28 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d early
2022
38 d early
2021
18 d early
2020
10 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?STELLAR · 32 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
€12.9m
EBIT margin
14.0%
Net result
€1.3m▲ 0.5%
2022 · €1.3m
Working capital
€1.9m▼ 22.1%
2022 · €2.5m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Turnover€12.9m
Operating result€430,081-€1.2m▲ 188%€1.7m▲ 36.1%€1.8m▲ 7.1%
Net result€294,392-€899,042▲ 205%€1.3m▲ 43.1%€1.3m▲ 0.5%
EBIT margin14.0%
Equity€581,392-€1.3m▲ 131%€2.6m▲ 95.8%€2.0m▼ 23.1%
Total assets€1.6m-€3.3m▲ 110%€5.2m▲ 54.5%€4.5m▼ 13.7%
Debt€1.0m-€2.0m▲ 98.4%€2.5m▲ 26.7%€2.4m▼ 4.0%
Working capital€377,437-€1.2m▲ 217%€2.5m▲ 107%€1.9m▼ 22.1%
Staff (FTE)56.6-117.1▲ 107%165.2▲ 41.1%159.9▼ 3.2%
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2023 is 7% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4.5m
Fixed assets
€108,682 ▼ 29.6%
Current assets
€4.3m ▼ 13.2%
Equity and liabilities €4.5m
Equity
€2.0m ▼ 23.1%
Debt
€2.4m ▼ 4.0%
Debt's share of the balance-sheet total rises from 49.1% to 54.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.8m▲
2022 · €1.7m
Cash flow
€1.3m▲
2022 · €1.3m
Current ratio
1.80▼
2022 · 1.98
Debt to equity
1.20▲
2022 · 0.96
ROE
63.9%▲
2022 · 48.9%
ROA
29.0%▲
2022 · 24.9%
Interest coverage
29.03▼
2022 · 202.78
Debt ≤ 1 year
€2.4m▼
2022 · €2.5m
Income taxes
€494,678▼
2022 · €499,017
Staff costs
€10.2m▲
2022 · €10.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €13.0m | - |
| Turnover70 | - | - | - | €12.9m | - |
| Other operating income74 | - | - | - | €145,581 | - |
| Operating charges60/66A | - | - | - | €11.2m | - |
| Services and other goods61 | - | - | - | €939,446 | - |
| Remuneration, social security and pensions62 | - | €7.1m | €10.0m | €10.2m | ▲ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,304 | €28,910 | €35,915 | €32,275 | ▼ 10.1% |
| Other operating charges640/8 | - | €4,955 | €8,236 | €8,623 | ▲ 4.7% |
| Non-recurring operating charges66A | - | €2,384 | - | - | - |
| Gross operating margin9900 | €3.9m | €8.4m | €11.7m | - | - |
| Operating profit (loss)9901 | €430,081 | €1.2m | €1.7m | €1.8m | ▲ 7.1% |
| Financial income75/76B | - | €3 | €106,786 | €44,330 | ▼ 58.5% |
| Recurring financial income75 | - | €3 | €106,786 | €44,330 | ▼ 58.5% |
| Income from current assets751 | - | - | - | €44,245 | - |
| Other financial income752/9 | - | - | - | €85 | - |
| Financial charges65/66B | - | €4,829 | €8,498 | €64,187 | ▲ 655% |
| Recurring financial charges65 | €7,305 | €4,829 | €8,498 | €64,187 | ▲ 655% |
| Debt charges650 | - | - | - | €63,364 | - |
| Other financial charges652/9 | - | - | - | €823 | - |
| Profit (loss) for the period before taxes9903 | €422,776 | €1.2m | €1.8m | €1.8m | ▲ 0.1% |
| Income taxes67/77 | €128,384 | €335,866 | €499,017 | €494,678 | ▼ 0.9% |
| Taxes670/3 | - | - | - | €573,270 | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €78,592 | - |
| Profit (loss) for the period9904 | €294,392 | €899,042 | €1.3m | €1.3m | ▲ 0.5% |
| Profit (loss) for the period to be appropriated9905 | €294,392 | €899,042 | €1.3m | €1.3m | ▲ 0.5% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.6m | €3.3m | €5.2m | €4.5m | ▼ 13.7% |
| Fixed assets21/28 | €218,100 | €149,118 | €154,458 | €108,682 | ▼ 29.6% |
| Intangible fixed assets21 | - | - | - | €7,758 | - |
| Tangible fixed assets22/27 | €132,600 | €131,118 | €131,208 | €91,174 | ▼ 30.5% |
| Plant, machinery and equipment23 | - | €41,603 | €31,198 | €7,774 | ▼ 75.1% |
| Furniture and vehicles24 | - | €11,341 | €20,182 | €14,395 | ▼ 28.7% |
| Other tangible fixed assets26 | - | €78,174 | €79,828 | €69,006 | ▼ 13.6% |
| Financial fixed assets28 | €85,500 | €18,000 | €23,250 | €9,750 | ▼ 58.1% |
| Other financial fixed assets284/8 | - | - | - | €9,750 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €9,750 | - |
| Current assets29/58 | €1.4m | €3.2m | €5.0m | €4.3m | ▼ 13.2% |
| Amounts receivable within one year40/41 | €678,662 | €1.2m | €1.6m | €1.8m | ▲ 9.5% |
| Trade receivables40 | - | €1.2m | €1.6m | €1.7m | ▲ 3.2% |
| Other amounts receivable41 | - | - | €2,905 | €105,578 | ▲ 3,534% |
| Current investments50/53 | - | €13,000 | - | - | - |
| Cash at bank and in hand54/58 | €680,638 | €2.0m | €3.4m | €2.6m | ▼ 24.4% |
| Deferred charges and accrued income490/1 | - | €10,525 | €1,855 | €9,062 | ▲ 389% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.6m | €3.3m | €5.2m | €4.5m | ▼ 13.7% |
| Equity10/15 | €581,392 | €1.3m | €2.6m | €2.0m | ▼ 23.1% |
| Contributions10/11 | - | €287,000 | €300,000 | €300,000 | = |
| Reserves13 | €294,392 | €1.1m | €2.3m | €1.7m | ▼ 26.1% |
| Non-distributable reserves130/1 | - | €13,000 | - | - | - |
| Reserves not available under the articles1311 | - | €13,000 | - | - | - |
| Distributable reserves133 | - | €1.0m | €2.3m | €1.7m | ▼ 26.1% |
| Amounts payable17/49 | €1.0m | €2.0m | €2.5m | €2.4m | ▼ 4.0% |
| Amounts payable within one year42/48 | €993,769 | €2.0m | €2.5m | €2.4m | ▼ 4.6% |
| Financial debts43 | - | - | - | €185,164 | - |
| Credit institutions430/8 | - | - | - | €185,164 | - |
| Trade debts44 | €30,555 | €275,662 | €109,203 | €249,784 | ▲ 129% |
| Suppliers440/4 | - | €275,662 | €109,203 | €249,784 | ▲ 129% |
| Taxes, remuneration and social security45 | - | €1.6m | €2.4m | €2.0m | ▼ 18.2% |
| Taxes450/3 | - | €575,550 | €1.1m | €750,268 | ▼ 34.0% |
| Remuneration and social security454/9 | - | €997,520 | €1.3m | €1.2m | ▼ 4.3% |
| Other amounts payable47/48 | - | €150,000 | - | - | - |
| Accrued charges and deferred income492/3 | - | €1,004 | - | €15,370 | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €294,392 | €899,042 | €1.3m | €1.3m | ▲ 0.5% |
| + Depreciation and write-downs630 | €28,304 | €28,910 | €35,915 | €32,275 | ▼ 10.1% |
| Operating cash flow (approximation) | €322,696 | €927,952 | €1.3m | €1.3m | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | €40,073 | -€41,255 | €13,501 | ▲ 133% |
| Change in cash | - | €1.3m | €1.4m | -€824,591 | ▼ 158% |
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
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2020net €1.3m ▲0.5%
Operating result €1.8m, net result €1.3m, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2mEq €2.6m ▲95.8%
3 profitable years in a row build equity to €2.6m.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1mEq €1.3m ▲131%
2 profitable years in a row build equity to €1.3m.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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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Structure & network
Part of the group
STELLAR
32 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- STELLAR
- Sinek
- Job Expert
- MONJO
- MOJO
Highest known parent: STELLAR. The sources do not say who stands above it.
Owners 1
- MONJOparentSourceaccounts MONJO 202351%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,649 EUR awarded · 1,649 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,649 EUR | 1,649 EUR |