Management Science Consulting
The computed 12-month bankruptcy probability of Management Science Consulting is 0.4% (very low). The 2023 annual accounts show equity of €33k and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 60% of 10123 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €33k |
| Net result | €-10k |
| Better than sector | 60% |
| Active | 22 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.3% | 58.5% | |
| Net result | €-10k | €27k | |
| Equity | €33k | €52k | |
| Gross operating margin | €30k | €46k | |
| Staff costs | €36k | €8k |
Show 14 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | €82k |
| EBITDA | €-6k |
| Net profit | €-10k |
| Cash flow | €-8k |
| Staff costs | €36k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €51k |
| Equity | €33k |
| Debt | €18k |
| of which ≤ 1y | €18k |
| of which > 1y | - |
| Working capital | €29k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 2.68 |
| Quick ratio | 2.68 |
| Working capital ratio | 58.2% |
| Solvency | 65.3% |
| Debt / equity | 0.53 |
| Long-term debt ratio | - |
| Interest coverage | -7.03 |
| Gross margin | 36.4% |
| Net margin | -11.7% |
| ROA | -19.0% |
| ROE | -29.1% |
| EBITDA margin | -7.2% |
| Days sales outstanding | 92d |
| Days payable outstanding | 0d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €51k |
| Fixed assets | 21/28 | €4k |
| Formation expenses | 20 | €0 |
| Intangible fixed assets | 21 | €1k |
| Tangible fixed assets | 22/27 | €0 |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €47k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €51k |
| Equity | 10/15 | €33k |
| Contributions / capital | 10/11 | €59k |
| Accumulated profits (losses) | 14 | €-26k |
| Amounts payable | 17/49 | €18k |
| Amounts payable within one year | 42/48 | €18k |
| Trade debts payable within one year | 44 | €4 |
| Income statement | ||
| Turnover | 70 | €82k |
| Gross operating margin | 9900 | €30k |
| Operating result | 9901 | €-7k |
| Financial charges | 65 | €836 |
| Result before taxes | 9903 | €-8k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-10k |
| Result to be appropriated | 9905 | €-10k |
-
Current27-06-2023 → present
3 events
- 27-06-2023 Resigned· Manager
- 27-06-2023 Mandate renewed· Director
- 02-09-2019 Appointed· Manager
Historic, not recently confirmed (2)
-
Not recently confirmedlast confirmed in an act from 2019
-
Not recently confirmedlast confirmed in an act from 2014
Former directors (1)
-
Former- → 31-05-2004
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 02-02-2004 |
| Status | Active |
| Postal code | 4800 |
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. |
|---|---|---|---|---|
| 63059B0012/00C004 | Wallonia | 158 m² | 1 · 107 m² | 14.0 m · 4 fl. |
| 63059B0012/00A003 | Wallonia | 152 m² | 1 · 63 m² | 10.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-03-2026 Registered office moved from Theux to Petit-Rechain
- Clos de Pierreuchamps 6 à 4910 Theux → Chaussée de la Seigneurie 119 à 4800 Petit-Rechain
Technical details
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"city": "Petit-Rechain",
"region": "waals_gewest",
"street": "Chauss\u00E9e de la Seigneurie",
"country": "BE",
"postcode": "4800",
"box_number": null,
"street_number": "119",
"locality_suffix": null
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"old_address": {
"raw": "Clos de Pierreuchamps 6 \u00E0 4910 Theux",
"city": "Theux",
"region": "waals_gewest",
"street": "Clos de Pierreuchamps",
"country": "BE",
"postcode": "4910",
"box_number": null,
"street_number": "6",
"locality_suffix": null
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"effective_date": "2024-10-29",
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}
],
"notary": {
"name": null,
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"office_city": "Theux",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-13",
"filing_date": "2024-10-29",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2024-10-29",
"unanimous": null
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"subject_company": {
"kbo": "0863.136.484",
"name_full": "MANAGEMENT SCIENCE CONSULTING",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
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"org_kbo": null,
"org_name": null,
"person_name": "Aziza Echibani",
"org_rep_person_name": null,
"person_role_at_subject": "g\u00E9rante"
},
"co_filed_documents": []
}27-06-2023 Articles of association amended
Technical details
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"bedrijfsrevisor": null,
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"signature_regime": null,
"special_mandates": [],
"governance_change": {
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}
}14-11-2019 Aziza Echibani appointed as manager
- Aziza Echibani, Zaakvoerder
Technical details
{
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"name": "Aziza Echibani",
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"effective_date": "2019-09-02",
"evidence_quote": "nomme aux fonctions de G\u00E9rante, \u00E0 partir du 02/09/2019, Madame Aziza Echibani (n\u00B0 registre national: 89.08.29-150.32)."
}
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}02-07-2019 John van Tiggelen appointed as manager
- John van Tiggelen, Zaakvoerder
Technical details
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"name": "John van Tiggelen",
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"effective_date": "2018-09-01",
"evidence_quote": "et nomme aux fonctions de G\u00E9rant, \u00E0 effet du 01/09/2018, Monsieur John van Tiggelen, Partner, domicil\u00E9 \u00E0 4300 Waremme, Rue Hubert Krains 45B"
}
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}28-07-2014 Laurent JANSSEN appointed as managing director
- Laurent JANSSEN, Gedelegeerd bestuurder
Technical details
{
"events": [
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"name": "Laurent JANSSEN",
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"effective_date": "2014-07-01",
"evidence_quote": "nomme aux fonctions de g\u00E9rant, \u00E0 effet du 01 juillet 2014, Monsieur Laurent JANSSEN, Partner, domicili\u00E9 \u00E0 4900 SPA, rue Silvela 87 (n\u00B0 registre national:721011-011.77)."
}
],
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}
}08-06-2005 1 director appointed, 1 resigning
- Joseph GERSON, Gedelegeerd bestuurder
- Thierry HOUBEN, Gedelegeerd bestuurder
Technical details
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"events": [
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"role": "gedelegeerd_bestuurder",
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"rrn": null,
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"via_org": {
"kbo": "0449557782",
"name": "SPRL CEREG",
"address": null,
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},
"effective_date": "2004-06-01",
"evidence_quote": "1. nomment en tant que g\u00E9rant, \u00E0 la date du 1r juin 2004, la SPRL CEREG (n\u00B0 entreprise 449 557 782), dont le si\u00E8ge social est \u00E9tabli \u00E0 4845 Jalhay, Ti\u00E8ge 140, repr\u00E9sent\u00E9e par Monsieur Joseph GERSON, g\u00E9rant, domicili\u00E9 \u00E0 la m\u00EAme adresse."
},
{
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"name": "Thierry HOUBEN",
"address": null,
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},
"effective_date": "2004-05-31",
"evidence_quote": "2. actent la d\u00E9mission, au 31 mai 2004, de Monsieur Thierry HOUBEN, domicili\u00E9 \u00E0 4910 Theux, clos de Pierreuchamps, 6 de ses fonctions de g\u00E9rant"
}
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}
}| Legal nameFR | Management Science Consulting |
| AbbreviationFR | Mascot |