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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MJ-TECH from Chaumont-Gistoux, company number BE0686570651, closed financial year 2025 with a result of € -4,541 after tax. For that financial year MJ-TECH recorded a gross margin of € -2,547 and equity of € -2,273. Compared with financial year 2024, the result moved from € -5,132 to € -4,541. The company made a loss. 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 June 3, 2026.
€ -2,273
▼ € 4,541 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,541
▲ 12 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,817
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,473.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,261
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 700
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,853
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 128,770 | - | - | - | |
| Gross margin | € 6,264 | € 7,442 | € -3,592 | € -2,547 | ▲ € 1,045 |
| Profit after taxes | € 48 | € 888 | € -5,132 | € -4,541 | ▲ € 591 |
| Equity | € 6,512 | € 7,400 | € 2,268 | € -2,273 | ▼ € 4,541 |
| Total debts | € 21,209 | € 19,478 | € 19,743 | € 9,577 | ▼ 51% |
| Cash | € 20,770 | € 12,186 | € 4,820 | € 3,817 | ▼ 21% |
| Retained profit | € 312 | € 1,200 | € -3,932 | € -8,473 | ▼ € 4,541 |
| Bank debt | € 6,538 | € 1,645 | € 0 | € 0 | |
| Balance sheet total | € 27,721 | € 26,878 | € 22,011 | € 7,304 | ▼ 67% |
Key figures of MJ-TECH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MJ-TECH?
What happened at MJ-TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,541. Source: NBB ↗
- THIBAUD MERTEN stepped down as director. NBB
- New establishment in Chaumont-Gistoux. KBO
- JONATHAN MERTEN became a director. NBB
- THIBAUD MERTEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 48 profit in 2022 to € 4,541 loss in 2025.
Paid € 199 in corporate taxes since 2022.
Best year ever: 2023, with € 888 profit.
Management
Behind MJ-TECH is JONATHAN MERTEN .
Directors
According to the 2025 annual accounts
JONATHAN MERTEN
Director
since 2017
THIBAUD MERTEN
Director
since 2017 · until 2025
Establishments
Establishment units
Physical locations of this company
Chemin du Relai, Corroy 12 box 6
1325 Chaumont-Gistoux
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0686.570.651
- VAT number
- BE 0686.570.651
- Registered office
- Chemin du Relai, Corroy 12 bus 6, 1325 Chaumont-Gistoux
- Names & denominations
- MJ-TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2017
- Peppol
- Active · Active since 20 May 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken