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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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M-JOY Productions from Waterloo, company number BE0839910528, closed financial year 2025 with a result of € -11,452 after tax. For that financial year M-JOY Productions recorded a gross margin of € -10,460 and equity of € 10,174. Compared with financial year 2024, the result moved from € 61,158 to € -11,452. The company made a loss. The buffer shrank hard: equity is 53 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ 10,174
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,452
▼ still € 61,158 profit in 2024
Profit after tax over the fiscal year.
€ 15,270
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,426.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 890
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,330
▲ 30% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,453 | € 58,361 | € 70,045 | € -10,460 | ▼ € 80,504 |
| Profit after taxes | € 7,824 | € -19,039 | € 61,158 | € -11,452 | ▼ € 72,611 |
| Equity | € 9,507 | € -9,532 | € 21,626 | € 10,174 | ▼ 53% |
| Total debts | € 71,399 | € 58,952 | € 69,934 | € 48,825 | ▼ 30% |
| Cash | € 37,581 | € 18,256 | € 83,477 | € 15,270 | ▼ 82% |
| Retained profit | € -9,093 | € -28,132 | € 3,026 | € -8,426 | ▼ € 11,452 |
| Dividend | € 0 | € 0 | € 30,000 | € 0 | ▼ 100% |
| Balance sheet total | € 80,905 | € 49,420 | € 91,560 | € 58,999 | ▼ 36% |
Key figures of M-JOY Productions, 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 October 2026.
What happened to M-JOY Productions?
What happened at M-JOY Productions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,452 (▼ € 72,611 vs 2024). filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
- Joëlle Rademakers became a director. NBB
In short
From € 7,824 profit in 2022 to € 11,452 loss in 2025.
Paid € 7,583 in corporate taxes since 2022.
Best year ever: 2024, with € 61,158 profit.
Paid out € 30,000 in dividends to the owners in total.
Management
Behind M-JOY Productions is Joëlle Rademakers.
Directors
According to the 2025 annual accounts
Joëlle Rademakers
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Avenue de la Bergerie 3
1410 Waterloo
Chaussée de Bruxelles 238
1410 Waterloo
Active since 4 October 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.910.528
- VAT number
- BE 0839.910.528
- Registered office
- Avenue de la Bergerie 3, 1410 Waterloo
- Names & denominations
- M-JOY Productions
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2011
- Peppol
- Active · Active since 6 Oct 2026
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
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Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Overige zakelijke dienstverlening, neg