Financials
Financial year 2024
MAJO from Sint-Truiden, company number BE0431609616, closed financial year 2024 with a result of € -20,488 after tax. For that financial year MAJO recorded a gross margin of € 30,279 and equity of € 1.5 million. Compared with financial year 2023, the result moved from € 11,610 to € -20,488. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 1.5 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,488
▼ still € 11,610 profit in 2023
Profit after tax over the fiscal year.
€ 120,846
▼ 29% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2024
€ 7,122
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1,007
▼ 65% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 38,600 | € 1,191,269 | € 79,834 | € 30,279 | ▼ 62% |
| Profit after taxes | € -18,680 | € 820,558 | € 11,610 | € -20,488 | ▼ € 32,098 |
| Equity | € 730,505 | € 1,551,063 | € 1,562,674 | € 1,547,542 | ▼ 1% |
| Total debts | € 261,258 | € 232,244 | € 61,062 | € 90,169 | ▲ 48% |
| Cash | € 39,807 | € 654,891 | € 170,083 | € 120,846 | ▼ 29% |
| Land & buildings | € 1,006,017 | € 1,480,058 | € 1,794,536 | € 1,833,417 | ▲ 2% |
| Retained profit | € 219,845 | € 1,040,403 | € 1,052,013 | € 1,036,882 | ▼ 1% |
| Bank debt | € 138,903 | € 117,549 | € 0 | € 0 | |
| Balance sheet total | € 1,066,634 | € 2,147,949 | € 1,976,269 | € 1,973,118 |
Key figures of MAJO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MAJO?
What happened at MAJO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bart NICOLAI stepped down as director. NBB
- Alexandra NICOLAI stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 20,488 (▼ € 32,098 vs 2023). filed late Source: NBB ↗
- Alexandra NICOLAI became a director. NBB
- Bart NICOLAI became a director. NBB
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,680 loss in 2021 to € 20,488 loss in 2024.
Best year ever: 2022, with € 820,558 profit.
Management
Establishments
Establishment units
Physical locations of this company
Hasseltsesteenweg 73
3800 Sint-Truiden
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.609.616
- VAT number
- BE 0431.609.616
- Registered office
- Hasseltsesteenweg 73, 3800 Sint-Truiden
- Names & denominations
- MAJO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1987
- Peppol
- Active · Active since 26 Dec 2025