GROUP MS
The computed 12-month bankruptcy probability of GROUP MS is 1.9% (moderate). The 2024 annual accounts show equity of €65k and a net result of €8k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 3348 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €65k |
| Net result | €8k |
| Better than sector | 46% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 21.0% | 25.2% | |
| Net result | €8k | €4k | |
| Equity | €65k | €23k | |
| Gross operating margin | €56k | €19k | |
| Staff costs | €169 | €27k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €56k |
| Net profit | €8k |
| Cash flow | €52k |
| Staff costs | €169 |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €308k |
| Equity | €65k |
| Debt | €243k |
| of which ≤ 1y | €243k |
| of which > 1y | - |
| Working capital | €-102k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.58 |
| Quick ratio | 0.53 |
| Working capital ratio | -32.9% |
| Solvency | 21.0% |
| Debt / equity | 3.76 |
| Long-term debt ratio | - |
| Interest coverage | 331.36 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.5% |
| ROE | 12.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €308k |
| Fixed assets | 21/28 | €166k |
| Intangible fixed assets | 21 | €33k |
| Tangible fixed assets | 22/27 | €133k |
| Current assets | 29/58 | €142k |
| Stocks & contracts in progress | 3 | €13k |
| Amounts receivable within one year | 40/41 | €118k |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €308k |
| Equity | 10/15 | €65k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €45k |
| Amounts payable | 17/49 | €243k |
| Amounts payable within one year | 42/48 | €243k |
| Trade debts payable within one year | 44 | €114k |
| Income statement | ||
| Gross operating margin | 9900 | €56k |
| Operating result | 9901 | €11k |
| Financial charges | 65 | €168 |
| Result before taxes | 9903 | €11k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
| NACE primary | Wholesale trade(46180) |
| Legal form | Private limited company(610) |
| Incorporation | 16-11-2021 |
| Status | Active |
| Postal code | 7950 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51014B0872/00C000 | Wallonia | 7,246 m² | 1 · 157 m² | - |
| 51023A0229/00E000 | Wallonia | 218 m² | 1 · 69 m² | 7.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-05-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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},
"act_meta": {
"language": "fr",
"pub_date": "2025-05-09",
"filing_date": "2024-03-12",
"act_kind_objet": "Jugement du Tribunal de l\u0027Entreprise du Hainaut, division de Tournai, du 12"
},
"decision": {
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},
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"restructuring": {
"parties": [
{
"kbo": "0777.397.194",
"name": "GROUP MS",
"role": "absorbed",
"address": "Rue du Gad Bourgeois, 7950 Vaudignies",
"is_foreign": false,
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}
],
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"person_name": "S\u00E9bastien Rousseau",
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},
"summary_narrative": "Le Tribunal de l\u0027Entreprise du Hainaut, division de Tournai, a annul\u00E9 la dissolution judiciaire de la soci\u00E9t\u00E9 SRL GROUP MS suite \u00E0 une tierce-opposition recevable et fond\u00E9e.",
"co_filed_documents": [],
"detected_real_type": "court_filing_notice",
"referenced_correction": null,
"should_reroute_to_category": null
}08-05-2024 Registered office moved from Brugelette to Vaudignies
- Rue du Moulin à Eau, 9 - à 7943 Brugelette → Rue du Gad Bourgeois, 5A à 7950 Vaudignies
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue du Gad Bourgeois, 5A \u00E0 7950 Vaudignies",
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"street_number": "5A",
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},
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"street": "Rue du Moulin \u00E0 Eau",
"country": "BE",
"postcode": "7943",
"box_number": null,
"street_number": "9",
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},
"effective_date": "2022-08-16",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale prend acte \u00E0 compter du 16 ao\u00FBt 2022 du transfert du si\u00E8ge social de Rue du Moulin \u00E0 Eau, 9, \u00E0 7943 Brugelette vers \u003C Rue du Gad Bourgeois, 5A \u00E0 7950 Vaudignies }",
"region_changed": false,
"is_statute_change": true,
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"effective_date_qualifier": "absolute",
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},
{
"kind": "zetel_clause_amendment_no_move",
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"city": "Brugelette",
"region": "waals_gewest",
"street": "Rue du Moulin \u00E0 Eau",
"country": "BE",
"postcode": "7943",
"box_number": null,
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},
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"evidence_quote": "",
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-05-08",
"filing_date": "2022-08-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2024-03-01",
"unanimous": true
},
"subject_company": {
"kbo": "0777.397.194",
"name_full": "GROUP MS",
"legal_form": "SRL"
},
"publication_proxy": {
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"org_kbo": null,
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"person_name": "ROUSSEAU S\u00E9bastien",
"org_rep_person_name": null,
"person_role_at_subject": "Admin\u00EDstrateur"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | GROUP MS |