ACTIVE

MJ PROJECTS

Financial year 2023 · closed on 31/12/2023
Net result
3,6 k €
-82.8% YoY
Gross margin
44,6 k €
-20.7% YoY
Equity
94,6 k €
+4.0% YoY

What does MJ PROJECTS do?

MJ PROJECTS is a Private limited company incorporated in 2019. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Deinze.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0735.730.548
Incorporation
04/10/2019
Legal form
Private limited company
Registered office
Molenhuisstraat 4
9800 Deinze · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2023
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2023202220212020
Income statement
Gross margin44,6 k €56,2 k €85,9 k €50,4 k €
EBITDA32,4 k €50 k €76,4 k €44 k €
Operating result10,2 k €27,3 k €60,1 k €25,9 k €
Net result3,6 k €20,9 k €42,3 k €7,8 k €
Balance sheet
Equity94,6 k €91 k €70,1 k €27,8 k €
Total assets310,2 k €258,2 k €170,8 k €117,9 k €
Cash431,4 €24,9 k €7,5 k €1,1 k €
Debts215,6 k €167,2 k €100,3 k €65,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 5 ended

Active mandates

LJ PROJECTS

Bestuurder · since 25 avril 2021 · 0554.936.010

Represented by Jean Louckx

Active

Ended mandates

LJ PROJECTS

Director · since 01 avril 2021 · 0554.936.010

Ended
LJ PROJECTS

Director · since 01 avril 2021 · 0554.936.010

Ended
2FEEL@HOME

Director · until 31 mars 2021 · 0541.789.738

Ended
Jean Louckx

Director · until 31 mars 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
2FEEL@HOMEActive
0541.789.738
LJ PROJECTSActive
0554.936.010
Annual accounts

Full financial information

2023202220212020
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202104/10/2019
Closing of the financial year31/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months15 months
Filing date28/10/202425/08/202330/09/202206/10/2021
General meeting15/06/202417/06/202318/06/202219/06/2021
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202315/06/202428/10/2024DutchPDF
Micro model31/12/202217/06/202325/08/2023DutchPDF
Micro model31/12/202118/06/202230/09/2022DutchPDF
Micro model31/12/202019/06/202106/10/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 5 ended

Active mandates

LJ PROJECTS

Bestuurder · since 25 avril 2021 · 0554.936.010

Represented by Jean Louckx

Active

Ended mandates

LJ PROJECTS

Director · since 01 avril 2021 · 0554.936.010

Ended
LJ PROJECTS

Director · since 01 avril 2021 · 0554.936.010

Ended
2FEEL@HOME

Director · until 31 mars 2021 · 0541.789.738

Ended
Jean Louckx

Director · until 31 mars 2021

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 20233,6 k €
  2. 2022
    Annual accounts 202220,9 k €
  3. 2021
    Annual accounts 202142,3 k €
  4. 2020
    Annual accounts 20207,8 k €
  5. 04/10/2019
    IncorporationPrivate limited company