Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MJ-M from Zaventem, company number BE0674960939, closed financial year 2024 with a result of € 5,739 after tax. For that financial year MJ-M recorded a gross margin of € 27,867 and equity of € -20,141. Compared with financial year 2023, the result moved from € -4,945 to € 5,739. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2025.
€ -20,141
▲ € 5,739 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,739
▲ still € 4,945 loss in 2023
Profit after tax over the fiscal year.
€ 966
▲ 69% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -21,141.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 15,443
▲ 20% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,454
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 9,933
▼ 23% vs 2023
€ 3,074 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,529
▼ 77% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 20,907
▼ 8% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 17,441 | € 15,441 | € 27,867 | ▲ 80% |
| Profit after taxes | € -11,327 | € -4,945 | € 5,739 | ▲ € 10,684 |
| Equity | € -20,936 | € -25,880 | € -20,141 | ▲ € 5,739 |
| Total debts | € 46,637 | € 45,065 | € 40,553 | ▼ 10% |
| Cash | € 535 | € 571 | € 966 | ▲ 69% |
| Retained profit | € -21,936 | € -26,880 | € -21,141 | ▲ € 5,739 |
| Bank debt | € 16,033 | € 12,889 | € 9,933 | ▼ 23% |
| Balance sheet total | € 25,701 | € 19,184 | € 20,412 | ▲ 6% |
Key figures of MJ-M, fiscal years 2022 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 MJ-M?
What happened at MJ-M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 5,739. filed late Source: NBB ↗
- New establishment in Merchtem. KBO
- Spiritus Nicole became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,327 loss in 2022 to € 5,739 profit in 2024.
Paid € 992 in corporate taxes since 2022.
Best year ever: 2024, with € 5,739 profit.
Management
Behind MJ-M is Spiritus Nicole.
Directors
According to the 2024 annual accounts
Spiritus Nicole
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Excelsiorlaan 85 box 3
1930 Zaventem
Langensteenweg 47
1785 Merchtem
Active since 1 January 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
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€ -937 gross margin · 2024
MALIN CONSTRUCT
€ 21,517 gross margin · 2025
FIRE SPRINKLER
€ 59,246 gross margin · 2024
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0674.960.939
- VAT number
- BE 0674.960.939
- Registered office
- Excelsiorlaan 85 bus 3, 1930 Zaventem
- Names & denominations
- MJ-M
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 28 April 2017
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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