MJ IMPORT EXPORT · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MJ IMPORT EXPORT is 3.4% (moderate). The 2022 annual accounts show negative equity (€-16k) and a net result of €5k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 4290 sector peers (fiscal year 2022). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.4% Moderate

0%0,5%1,5%4%10%≥25%

Annual accounts: weaker financial profile +Higher-failure-rate region +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 742 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-08-2023, 26 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.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	nothing on record	not filed	-
31-12-2022	31-07-2023	26-08-2023	26 d late	2023-00359375
31-12-2021	31-07-2022	30-08-2022	30 d late	2022-20341228
31-12-2020	31-07-2021	30-08-2021	30 d late	2021-61400047
31-12-2019	31-07-2020	31-10-2020	92 d late	2020-68600145
31-12-2018	31-07-2019	24-06-2019	37 d early	2019-22400369
31-12-2017	31-07-2018	22-06-2018	39 d early	2018-22400052
31-12-2016	31-07-2017	24-07-2017	7 d early	2017-36400130
31-12-2015	31-07-2016	14-07-2016	17 d early	2016-32500507
31-12-2014	31-07-2015	14-07-2015	17 d early	2015-30500373

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2005, 20 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€93k

EBIT margin-15.5%

Net result€5k+88.8%

Working capital€-8k+42.2%

CSV export

Annual accounts & ratios

Source: NBB · 2022

Annual accounts filed on 26-08-2023 with the NBB · fiscal year 2022 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~15.8%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-102.3%	20.0%	better than 8% of 4290 sector peers
Net result	€5k	€3k	better than 57% of 4277 sector peers
Equity	€-16k	€14k	better than 14% of 4298 sector peers
Gross operating margin	€7k	€19k	better than 35% of 4267 sector peers
Total assets	€16k	€88k	better than 13% of 4293 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P8

Stable position over 2020-2022 · n=1365-4290

Net result P57

Stable position over 2020-2022 · n=1361-4277

Equity P14

Stable position over 2020-2022 · n=1367-4298

Gross operating margin P35

Stable position over 2020-2022 · n=1356-4267

Describes the position versus peers, not a forecast.

Revenue

€93k

- 18-22

Net profit

€5k

+88.8% 18-22

Total assets

€16k

+27.7% 18-22

Equity

€-16k

+24.4% 18-22

Working capital

€-8k

+42.2% 18-22

Debt

€33k

-5.3% 18-22

Debt ≤ 1y

€24k

-8.3% 18-22

Current ratio

0.68

+39.3% 18-22

Quick ratio

0.19

+22.2% 18-22

Solvency

-102.3%

+40.8% 18-22

Debt / equity

-1.98

-25.3% 18-22

ROE

-32.2%

-149.6% 18-22

ROA

33.0%

+47.8% 18-22

Net margin

-31.5%

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€5k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€16k
Equity	€-16k
Debt	€33k
of which ≤ 1y	€24k
of which > 1y	-
Working capital	€-8k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	0.68
Quick ratio	0.19
Working capital ratio	-48.0%
Solvency	-102.3%
Debt / equity	-1.98
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	33.0%
ROE	-32.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€16k
Current assets	29/58	€16k
Stocks & contracts in progress	3	€12k
Amounts receivable within one year	40/41	€3k
Cash & bank	54/58	€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€16k
Equity	10/15	€-16k
Contributions / capital	10/11	€19k
Reserves	13	€7
Accumulated profits (losses)	14	€-35k
Amounts payable	17/49	€33k
Amounts payable within one year	42/48	€24k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€7k
Operating result	9901	€5k
Financial charges	65	€131
Result before taxes	9903	€5k
Net result for the period	9904	€5k
Result to be appropriated	9905	€5k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2022 · computed

8 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Directors

Directors & mandates

2 directors

Current directors & mandates

KHAN Sobia
Director
State Gazette act 23031227 (03-03-2023)

Current
01-01-2023 → present

Former directors (1)

MUNAWAR Jahangir
Director
State Gazette act 23031227 (03-03-2023)

Former
- → 31-12-2022

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form	Private limited company (pre-2019)(015)
Incorporation	22-12-2005
Status	Active
Postal code	1050

Locations & real estate

Registered office

from the Crossroads Bank

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.

Adolphe Buyllaan 171050 Elsene

Parcels1

Ground area183 m²

Buildings1

Building footprint86 m²

Volume (LiDAR)1,027 m³

Tallest building16.7 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21445E0006/00V018	Brussels	183 m²	1 · 86 m²	16.7 m · 4 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 3 years ago

2023

03-03-2023 1 director appointed, 1 resigning Director changes

KHAN Sobia, Bestuurder
MUNAWAR Jahangir, Bestuurder

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

41 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 8

Profitability 0

Solvency 37

Growth 58

Stability 100

Ask AI about this company

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Credit advice

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We hold annual accounts for 1,627 of the 10,430 companies in this sector. 950 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)52112

Primary activity highlighted.

Names & trade names

Legal nameFR

MJ IMPORT EXPORT

Registered office

Adolphe Buyllaan 17

1050 Elsene, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.