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M.S.G. STORE

Active
Private limited companyfounded 20233 yrs activeRue Germain Octave 24, 6040 Charleroi, BelgiumKBO/BCE: BE 0802.832.277
Summary

The computed 12-month bankruptcy probability of M.S.G. STORE is 8.9% (elevated). The 2024 annual accounts show equity of €63,845 and a net result of €40,950. Its solvency ranks better than 87% of 26033 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of automotive fuel
NACE 47300
1 site
Size
€80,333total assets 2024
Equity
€63,845
Profit
€40,950
Turnover not published (abridged schema)
Financial health
38 Weak Checked score 2024
Bankruptcy chance 12 m
8.9%
Structure
Accounts 64 d overdue0 of 2 deeds read
Why 38- 1 change of registered office in 24 months- Figures for FY 2024 (filed 28-08-2025)- Founded in 2023- Size: total assets €80,333Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 93% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 100+29
equity 79.5% of total assets
Liquidity 87+41
short-term debt 20.5%
Profitability 100+26
return on assets 51.0%
Bankruptcy probability, 12 months
8.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,919 companies)
Last 24 months 11-2024: 2.7%lowest value 12-2024: 2.9%▲ +9.0% vs 11-2024 01-2025: 3.1%▲ +6.1% vs 12-2024 02-2025: 3.1%● 0.0% vs 01-2025 03-2025: 3.1%▲ +0.2% vs 02-2025 04-2025: 4.9%▲ +58.4% vs 03-2025 05-2025: 5.7%▲ +16.5% vs 04-2025 06-2025: 6.0%▲ +4.1% vs 05-2025 07-2025: 6.0%▲ +0.5% vs 06-2025 08-2025: 6.4%▲ +7.5% vs 07-2025 09-2025: 4.5%▼ -30.8% vs 08-2025 10-2025: 4.5%● 0.0% vs 09-2025 11-2025: 4.5%● 0.0% vs 10-2025 12-2025: 4.5%● 0.0% vs 11-2025 01-2026: 4.3%▼ -3.3% vs 12-2025 02-2026: 4.2%▼ -1.6% vs 01-2026 03-2026: 4.0%▼ -5.4% vs 02-2026 04-2026: 4.6%▲ +15.4% vs 03-2026 05-2026: 5.2%▲ +11.8% vs 04-2026 06-2026: 5.2%▲ +1.4% vs 05-2026 07-2026: 5.2%● 0.0% vs 06-2026 08-2026: 5.7%▲ +9.4% vs 07-2026 09-2026: 6.0%▲ +5.3% vs 08-2026 10-2026: 8.9%▲ +46.8% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 28-08-2025) raises the probability
  • Founded in 2023 raises the probability for this profile
  • Size: total assets €80,333 raises the probability for this profile
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.2 against 1.46 in 2023; short-term debt: 20.5% of total assets), and 20.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 92%, liquidity 89%, profitability 96%, growth against the median 96%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 28-08-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Founded in 2023
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Size: total assets €80,333
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 27 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Liquidity doublescurrent ratio 3.20
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Positive: Among the best 13% on solvencysector median 32.3% · 26,033 companies 79.5% View
  • Total assets 20242 fiscal years filed €80,333 View

By topic

Financials

Fiscal year
2024
Total assets
€80,333
Profit
€40,950
Solvency
79.5%
Go to Financials

Timeline

Events
3
Since
2024
  1. 28-08-2025Annual accounts filed
  2. 31-12-2024Liquidity doubles
  3. 26-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of automotive fuelNACE 47300
Founded
16-06-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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