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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MA-JO from Heusden-Zolder, company number BE0867447244, closed financial year 2025 with a result of € -672 after tax. For that financial year MA-JO recorded revenue of € 15,420 and equity of € 72,666. Compared with financial year 2024, the result moved from € -3,916 to € -672. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 72,666
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -672
▲ 83 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4
▲ € 3 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,834.
Debts at end 2025
€ 164,310
▼ 4% vs 2024
€ 6,110 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.
€ 4,360
▲ € 3,973 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 15,420 | |
| Gross margin | € 7,360 | € 15,420 | € 12,636 | € 15,699 | ▲ 24% |
| Profit after taxes | € -15,565 | € 1,694 | € -3,916 | € -672 | ▲ € 3,245 |
| Equity | € 75,560 | € 77,254 | € 73,338 | € 72,666 | ▼ 1% |
| Total debts | € 197,882 | € 196,628 | € 196,114 | € 192,361 | ▼ 2% |
| Cash | € 6 | € 9 | € 1 | € 4 | ▲ € 3 |
| Land & buildings | € 273,436 | € 273,874 | € 269,448 | € 265,023 | ▼ 2% |
| Retained profit | € -9,940 | € -8,246 | € -12,162 | € -12,834 | ▼ € 672 |
| Bank debt | € 181,669 | € 176,200 | € 170,420 | € 164,310 | ▼ 4% |
| Balance sheet total | € 273,442 | € 273,882 | € 269,452 | € 265,027 | ▼ 2% |
Key figures of MA-JO, 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 MA-JO?
What happened at MA-JO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 672. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 15,565 loss in 2022 to € 672 loss in 2025.
Best year ever: 2023, with € 1,694 profit.
Establishments
Establishment units
Physical locations of this company
Sint-Jobstraat 69
3550 Heusden-Zolder
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.447.244
- VAT number
- BE 0867.447.244
- Registered office
- Sint-Jobstraat 69, 3550 Heusden-Zolder
- Names & denominations
- MA-JO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2004
- Peppol
- Not registered