M.S. Quality
ActiveM.S. Quality has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €14k. Equity is shrinking by ~30.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 13% of 9389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency11▼-67
Growth32=
Stability94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.79 against 2.68 in 2024), and 93.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9389 sector peers (2025).
NBB · sector comparisonPosition among 9389 sector peers
Solvency
better than 13%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
29 d late
2023
35 d early
2022
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 65.1%
2024 · €14k
2022: €19k
2023: €15k
2024: €14k
2022 → 2025
Total assets
€72k▲ 88.8%
2024 · €38k
2022: €31k
2023: €34k
2024: €38k
2022 → 2025
Net result
€14k
2024 · €-2k
2022: €16k
2023: €-4k
2024: €-2k
2022 → 2025
Working capital
€-7k
2024 · €23k
2022: €15k
2023: €11k
2024: €23k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€19k-€15k▼ 20.4%€14k▼ 10.5%€5k▼ 65.1%
Operating result€22k-€-2k€2k€24k▲ 925%
Net result€16k-€-4k€-2k▲ 59.1%€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 925% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€46k▲ 2,119%
Current assets
€26k▼ 27.2%
Equity and liabilities €72k
Equity
€5k▼ 65.1%
Debt
€68k▲ 173%
The debt ratio rises from 64.6% to 93.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€26k▲
2024 · €5k
Cash flow
€15k▲
2024 · €937
Solvency
6.5%▼
2024 · 35.4%
Current ratio
0.79▼
2024 · 2.68
Quick ratio
0.79▼
2024 · 2.68
Debt / equity
14.28▲
2024 · 1.82
ROE
289.9%▲
2024 · -11.8%
ROA
19.0%▲
2024 · -4.2%
Interest coverage
9.71▲
2024 · 4.03
Debt
€68k▲
2024 · €25k
Debt ≤ 1 year
€34k▲
2024 · €14k
Debt > 1 year
€34k▲
2024 · €11k
Income taxes
€8k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€38k€72k▲
Fixed assets21/28€2k€46k▲
Tangible fixed assets22/27€2k€46k▲
Furniture and vehicles24€2k€46k▲
Current assets29/58€36k€26k▼
Amounts receivable after more than one year29€15k-
Other amounts receivable291€15k-
Amounts receivable within one year40/41€7k€14k▲
Trade receivables40€7k€14k▲
Other amounts receivable41€30€2▼
Cash at bank and in hand54/58€14k€12k▼
Equity and liabilities
Total equity and liabilities10/49€38k€72k▲
Equity10/15€14k€5k▼
Contributions10/11€3k€3k=
Reserves13€11k€2k▼
Distributable reserves133€11k€2k▼
Amounts payable17/49€25k€68k▲
Amounts payable after more than one year17€11k€34k▲
Financial debts170/4€11k€34k▲
Amounts payable within one year42/48€14k€34k▲
Current portion of amounts payable after more than one year42€2k€10k▲
Trade debts44€225€9k▲
Suppliers440/4€225€9k▲
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€11k€14k▲
Other amounts payable47/48-€189
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k-
Other operating charges640/8€482€3k▲
Gross operating margin9900€22k€29k▲
Operating profit (loss)9901€2k€24k▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€1k€22k▲
Income taxes67/77€3k€8k▲
Profit (loss) for the period9904€-2k€14k▲
Profit (loss) for the period to be appropriated9905€-2k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€14k▲
Transfer from equity791/2€2k€11k▲
Transfer to equity691/2-€2k
To other reserves6921-€2k
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-4k ▼124%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zoersel · 1 establishment unit since 2022
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.
Amazonelaan 232980 ZoerselGround area
713 m²
Building footprint
214 m²
Volume, LiDAR
869 m³
Parcel 11017A0583/00L000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
M.S. Quality
since 20222.331.350.953
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017A0583/00L000 | Flanders | 713 m² | 1 · 214 m² | 7.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SOWIESO ARCHITECTUUR
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CLIK Management
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Blueladder B
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Of 18,213 companies in sector 71111 we hold annual accounts for 6,294. 2,187 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-2022
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.