M.J.A. CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of M.J.A. CONSTRUCT is 1.9% (moderate). The 2025 annual accounts show equity of €496k and a net result of €16k. Equity is growing by ~36% per year across the filed fiscal years. Its solvency ranks better than 80% of 7777 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-41
Solvency96▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.5 against 3.06 in 2024; short-term debt: 28.6% and cash: 74.5% of total assets), and 28.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.4%
Return on assets
2.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
29 d late
2022
32 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€496k▲ 3.4%
2024 · €479k
2022: €-5k
2023: €348k
2024: €479k
2022 → 2025
Total assets
€694k▼ 2.5%
2024 · €712k
2022: €4k
2023: €554k
2024: €712k
2022 → 2025
Net result
€16k▼ 87.6%
2024 · €131k
2022: €-5k
2023: €353k
2024: €131k
2022 → 2025
Working capital
€496k▲ 3.4%
2024 · €479k
2022: €-5k
2023: €348k
2024: €479k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-5k-€348k€479k▲ 37.6%€496k▲ 3.4%
Operating result€-5k-€509k€186k▼ 63.5%€19k▼ 89.7%
Net result€-5k-€353k€131k▼ 62.9%€16k▼ 87.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €694k
Equity
€496k ▲ 3.4%
Debt
€198k ▼ 14.7%
Debt's share of the balance-sheet total falls from 32.6% to 28.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.50▲
2024 · 3.06
Debt to equity
0.40▼
2024 · 0.48
ROE
3.3%▼
2024 · 27.3%
ROA
2.3%▼
2024 · 18.4%
Debt ≤ 1 year
€198k▼
2024 · €232k
Income taxes
€6k▼
2024 · €55k
Staff costs
€114k▼
2024 · €140k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€712k€694k▼
Current assets29/58€712k€694k▼
Amounts receivable within one year40/41€110k€174k▲
Trade receivables40€15k€9k▼
Other amounts receivable41€96k€165k▲
Cash at bank and in hand54/58€601k€517k▼
Deferred charges and accrued income490/1€215€3k▲
Equity and liabilities
Total equity and liabilities10/49€712k€694k▼
Equity10/15€479k€496k▲
Reserves13€478k€494k▲
Distributable reserves133€478k€494k▲
Profit (loss) carried forward14€1k€2k▲
Amounts payable17/49€232k€198k▼
Amounts payable within one year42/48€232k€198k▼
Trade debts44€117k€185k▲
Suppliers440/4€117k€185k▲
Taxes, remuneration and social security45€115k€13k▼
Taxes450/3€96k€2k▼
Remuneration and social security454/9€19k€10k▼
Income statement
Code20242025
Remuneration, social security and pensions62€140k€114k▼
Other operating charges640/8€1k€540▼
Gross operating margin9900€327k€133k▼
Operating profit (loss)9901€186k€19k▼
Financial income75/76B€0€4k▲
Recurring financial income75€0€4k▲
Financial charges65/66B€69€386▲
Recurring financial charges65€69€386▲
Profit (loss) for the period before taxes9903€186k€22k▼
Income taxes67/77€55k€6k▼
Profit (loss) for the period9904€131k€16k▼
Profit (loss) for the period to be appropriated9905€131k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€18k▼
Profit (loss) brought forward from the previous period14P€420€1k▲
Transfer to equity691/2€130k€16k▼
To other reserves6921€130k€16k▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (2 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €353k
Net result €353k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 2.69
Current ratio from 0.45 to 2.69.
31-12
Financial
Equity above €200kEq €348k
Equity rises from €-5k to €348k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 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, Sint-Pieters-Leeuw · 1 establishment unit since 2022
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.
Humaniteitslaan 651601 Sint-Pieters-LeeuwGround area
3,035 m²
Building footprint
907 m²
Volume, LiDAR
9,517 m³
Parcel 23069A0267/00B003, Flanders · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M.J.A. CONSTRUCT
since 20222.338.641.987
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23069A0267/00B003 | Flanders | 3,035 m² | 1 · 907 m² | 13.8 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.
Similar companies · same sector, comparable size
KlusCompany
BE 0818.570.924
Beveren-Kruibeke-Zwijndrecht · Eq €495,596
LOOMANS BETONBORINGEN
BE 0447.000.942
Antwerpen · Eq €496,028
DE WIT
BE 0430.332.184
Mechelen · Eq €496,444
LANG
BE 0430.794.816
Aalter · Eq €493,807
LIMKO
BE 0421.581.893
Enghien · Eq €497,784
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,584 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.