F.M.J.C.
ActiveF.M.J.C. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-68k) and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▲+17
Solvency0=
Growth35▲+5
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.33 in 2024; short-term debt: 288.5% and cash: 11.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-194.5%
Return on assets
-13%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-68k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
26 d late
2023
2 d early
2022
29 d late
2021
3 d early
2020
26 d late
2019
48 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€124k▲ 33.4%
2024 · €93k
2018: €108k
2019: €117k
2020: €162k
2021: €98k
2022: €109k
2023: €94k
2024: €93k
2018 → 2025
EBIT margin
-2.7%▲ 11.9pp
2024 · -14.6%
2018: 18.9%
2019: 18.9%
2020: -0.1%
2021: -3.4%
2022: -4.8%
2023: -23.8%
2024: -14.6%
2018 → 2025
Net result
€-5k▲ 72.9%
2024 · €-17k
2018: €14k
2019: €19k
2020: €-4k
2021: €-15k
2022: €-7k
2023: €-25k
2024: €-17k
2018 → 2025
Working capital
€-74k▼ 11.0%
2024 · €-67k
2018: €-9k
2019: €8k
2020: €-962
2021: €-16k
2022: €-22k
2023: €-46k
2024: €-67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€98k-€109k▲ 11.7%€94k▼ 13.9%€93k▼ 1.1%€124k▲ 33.4%
Equity€-14k-€-22k▼ 50.0%€-47k▼ 114%€-63k▼ 36.0%€-68k▼ 7.2%
Operating result€-3k-€-5k▼ 58.8%€-22k▼ 325%€-14k▲ 39.4%€-3k▲ 75.3%
Net result€-15k-€-7k▲ 50.4%€-25k▼ 243%€-17k▲ 32.6%€-5k▲ 72.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €14k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets
€9k▼ 3.2%
Current assets
€26k▼ 21.4%
Key figures and ratios
EBITDA
€1k▲
2024 · €-9k
Cash flow
€290▲
2024 · €-12k
Solvency
-194.5%▼
2024 · -149.6%
Current ratio
0.26▼
2024 · 0.33
Quick ratio
0.26▼
2024 · 0.33
Debt / equity
-1.51▲
2024 · -1.67
ROA
-13.0%▲
2024 · -39.6%
Interest coverage
1.24▲
2024 · -5.41
Debt
€103k▼
2024 · €106k
Debt ≤ 1 year
€101k▲
2024 · €101k
Debt > 1 year
€2k▼
2024 · €5k
Staff costs
€45k▲
2024 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€42k€35k▼
Fixed assets21/28€9k€9k▼
Tangible fixed assets22/27€9k€8k▼
Land and buildings22€2k-
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€3k€4k▲
Financial fixed assets28€180€180=
Current assets29/58€33k€26k▼
Amounts receivable within one year40/41€27k€22k▼
Trade receivables40€27k€22k▼
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€42k€35k▼
Equity10/15€-63k€-68k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-71k€-76k▼
Amounts payable17/49€106k€103k▼
Amounts payable after more than one year17€5k€2k▼
Financial debts170/4€5k€2k▼
Amounts payable within one year42/48€101k€101k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€35k€26k▼
Suppliers440/4€35k€26k▼
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€62k€64k▲
Income statement
Code20242025
Turnover70€93k€124k▲
Non-recurring operating income76A€962€208▼
Goods, raw materials, services and sundry goods60/61€61k€80k▲
Remuneration, social security and pensions62€43k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€37k€48k▲
Operating profit (loss)9901€-14k€-3k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-15k€-5k▲
Income taxes67/77€2k-
Profit (loss) for the period9904€-17k€-5k▲
Profit (loss) for the period to be appropriated9905€-17k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-76k▼
Profit (loss) brought forward from the previous period14P€-55k€-71k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
31-12
Financial
Highest result since 2018net €19k ▲30.9%
Operating result €22k, net result €19k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Clos du Vieux Moulin 111410 WaterlooGround area
376 m²
Building footprint
87 m²
Volume, LiDAR
754 m³
Parcel 25762F0486/00L000, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Clos du Vieux Moulin 11, 1410 Waterloo
since 20032.133.455.513
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762F0486/00L000 | Wallonia | 376 m² | 1 · 87 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,499 companies in sector 31004 we hold annual accounts for 620. 6 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-09-2003
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
43211General electrical installation work
42220Construction of utility projects for electricity and telecommunications
43110Demolition
45111
45215
46442Wholesale trade
47783Retail trade
47784Retail trade
51442
52488
74700
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.