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M.S.M.D.

Active
Public limited companyfounded 200521 years activeRoodebeeksteenweg 246, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0871.898.158
Summary

M.S.M.D. has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €250,216 and a net result of €25,223. Equity is growing by about 12% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Activity not known
Size
€681,949total assets 2025
Equity
€250,216
Profit
€25,223
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts 17 days early0 of 7 deeds read
Why 68raises riskLiquidity: current ratio 0.06, cash €5, halvedNo establishment unit in the KBONo main activity registeredName on a sanctions listlowers riskSize: total assets €681,949Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 43% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 62+4
equity 36.7% of total assets
Liquidity 17+1
short-term debt 62.6% · cash 0.0%
Profitability 73-1
return on assets 3.7%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.3%▲ +0.2 percentage points vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.1%▼ -0.2 percentage points vs 03-2025 05-2025: 2.3%▲ +0.2 percentage points vs 04-2025 06-2025: 2.6%▲ +0.3 percentage points vs 05-2025 07-2025: 2.8%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.9%▼ -0.9 percentage points vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 0.7%▼ -1.2 percentage points vs 09-2025lowest value 11-2025: 0.7%● unchanged vs 10-2025lowest value 12-2025: 0.7%● unchanged vs 11-2025lowest value 01-2026: 0.8%▲ +0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.7%▼ -0.1 percentage points vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit up to €17,000 at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.0 in 2024; short-term debt: 62.6% and cash: 0% of total assets), and 63.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 37% on solvency, 11% on liquidity, 55% on profitability and 69% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.06, cash €5, halved
NBB · annual accounts
lowers risk · Size: total assets €681,949
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · No establishment unit in the KBO
KBO · seat and establishments
raises risk · No main activity registered
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
23 days early
2023
7 days early
2022
11 days early
2021
34 days early
2020
19 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 14 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage

Name match with a sanctions list

1 entry
MURAD EN SONS DIAMONDSalias M.S.D.
OFAC SDN list (United States) · programme SDGT · exact name match (100%)

A name match is not a finding that this company itself is on the list; check the entry at the source.

  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result from 2018 to 2025net €26,902 ▲19.5%

Key points

  • Risk: Name on a sanctions lista name, not a verdict: check the source Match View
  • Positive: Filed on time since fiscal year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €25,223 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€681,949
Profit
€25,223
Solvency
36.7%
Total assets▲ 1.5%
Net result
20182025
Go to Financials

Timeline

Events
25
Since
2006
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €200,000
  2. 24-07-2024Annual accounts filed
  3. 20-07-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Public limited company
Founded
15-02-2005
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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