Active · per the CBE, 4 October 2026

MJM

BE0874244964

Rechtspersoon Private limited company 1 establishment

MJM is filed with the CBE under the catch-all “Niet-gespecialiseerde groothandel”. Also registered: property trader. Private Limited, started on 3 June 2005, 1 establishment.

Louizalaan 367, 1050 Elsene

Behind the company: Jurgen Malfroidt.

Active for

21 year, 4 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MJM from Elsene, company number BE0874244964, closed financial year 2025 with a result of € -44,871 after tax. For that financial year MJM recorded revenue of € 51,884 and equity of € -42,431. Compared with financial year 2024, the result moved from € 1,893 to € -44,871. 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 August 21, 2026.

What it is worth Caution

€ -42,431

▼ € 44,871 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -44,871

▼ still € 1,893 profit in 2024

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -60,431.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 5,731

▼ 33% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 47,702

▼ 21% vs 2024

€ 13,634 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 49,522

▲ € 43,579 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 4,920

▲ 9% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue - - € 73,774 € 51,884 ▼ 30%
Gross margin € 23,926 € 12,958 € 18,568 € -28,843 ▼ € 47,412
Profit after taxes € 6,199 € -8,763 € 1,893 € -44,871 ▼ € 46,765
Equity € 9,309 € 546 € 2,440 € -42,431 ▼ € 44,871
Total debts € 91,417 € 111,106 € 72,150 € 103,144 ▲ 43%
Cash € 5,575 € 8,287 € 2,841 -
Land & buildings € 28,644 € 21,492 € 14,339 € 7,186 ▼ 50%
Retained profit € -8,691 € -17,454 € -15,560 € -60,431 ▼ € 44,871
Bank debt € 70,761 € 73,632 € 60,676 € 47,702 ▼ 21%
Balance sheet total € 100,727 € 111,652 € 74,590 € 60,712 ▼ 19%

Key figures of MJM, 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 MJM?

What happened at MJM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 44,871 (▼ € 46,765 vs 2024). filed late Source: NBB ↗
  • New establishment in Schaarbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 6,199 profit in 2022 to € 44,871 loss in 2025.

Paid € 6,774 in corporate taxes since 2022.

Best year ever: 2022, with € 6,199 profit.

Management

Jurgen Malfroidt
MJM

Behind MJM is Jurgen Malfroidt.

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Directors

According to the 2025 annual accounts

Jurgen Malfroidt

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 367

1050 Elsene

2.149.914.235

Monplaisirlaan 99

1030 Schaarbeek

Active since 14 November 2005

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0874.244.964
VAT number
BE 0874.244.964
Registered office
Louizalaan 367, 1050 Elsene
Names & denominations
MJM
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
3 June 2005
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Niet-gespecialiseerde groothandel

Overige groothandel

Handel in eigen onroerend goed

Handel in onroerend goed

Frequently asked questions

What does MJM do?
MJM is filed with the CBE under the catch-all “Niet-gespecialiseerde groothandel”. Also registered: property trader. Private Limited, started on 3 June 2005, 1 establishment.
What is the address of MJM?
The registered office of MJM is located at Louizalaan 367, 1050 Elsene.
Is MJM still active?
Yes. According to the CBE (4 October 2026) MJM is active, legal situation “Normale toestand”, started on 3 June 2005.
Is MJM registered on Peppol?
Yes, MJM is registered on the Peppol network with ID 0208:0874244964.
What is the enterprise number of MJM?
The enterprise number of MJM is BE0874244964.
When was MJM founded?
MJM was founded on 3 June 2005.