MS Accountancy

Active

Private limited companyfounded 20242 yrs activeBrokkelingstraat 13, 8750 Wingene, BelgiumKBO/BCE: BE 1010.787.015

MS Accountancy has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €39k. Its solvency ranks better than 37% of 12637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

94 / 100

Excellent▲ +46 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency78▲+70

Growth78

Stability82

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity ample (current ratio 1.64 against 0.64 in 2024), but 58% of the assets are financed with debt.

How do we compute the score and the probability?

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 69

Relative position

BE, all sectors

reference

Sector 69

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

42%

Return on assets

38.4%

Age of the figures

11 mo

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-12-2025, 121 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

121 d early

2024

4 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

15-09-2026 today30-09-2026 close30-04-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€43k▲ 836%

2024 · €5k

2024: €5k

2024 → 2025

Total assets

€102k▲ 61.5%

2024 · €63k

2024: €63k

2024 → 2025

Net result

€39k▲ 578%

2024 · €6k

2024: €6k

2024 → 2025

Working capital

€27k

2024 · €-12k

2024: €-12k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€5k-€43k▲ 836%

Operating result€9k-€57k▲ 552%

Net result€6k-€39k▲ 578%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 552% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €102k

32.4%

67.6%

Fixed assets €33k▼ 20.9%

Current assets €69k▲ 222%

Equity and liabilities €102k

42.0%

58.0%

Equity €43k▲ 836%

Debt €59k▲ 1.0%

The debt ratio falls from 92.7% to 58.0%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€65k▲

2024 · €11k

Cash flow

€48k▲

2024 · €8k

Solvency

42.0%▲

2024 · 7.3%

Current ratio

1.64▲

2024 · 0.64

Quick ratio

1.64▲

2024 · 0.64

Debt / equity

1.38▼

2024 · 12.78

ROE

91.3%▼

2024 · 126.0%

ROA

38.4%▲

2024 · 9.1%

Interest coverage

29.80▲

2024 · 15.36

Debt

€59k▲

2024 · €59k

Debt ≤ 1 year

€42k▲

2024 · €34k

Debt > 1 year

€16k▼

2024 · €25k

Income taxes

€15k▲

2024 · €2k

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€63k€102k▲

Fixed assets21/28€42k€33k▼

Tangible fixed assets22/27€42k€33k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€40k€32k▼

Current assets29/58€21k€69k▲

Amounts receivable within one year40/41€12k€15k▲

Trade receivables40€12k€15k▲

Cash at bank and in hand54/58€8k€52k▲

Deferred charges and accrued income490/1€1k€2k▲

Equity and liabilities

Total equity and liabilities10/49€63k€102k▲

Equity10/15€5k€43k▲

Contributions10/11€500€500=

Reserves13€4k€42k▲

Distributable reserves133€4k€42k▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€59k€59k▲

Amounts payable after more than one year17€25k€16k▼

Financial debts170/4€25k€16k▼

Amounts payable within one year42/48€34k€42k▲

Current portion of amounts payable after more than one year42€8k€8k▲

Trade debts44€2k€260▼

Suppliers440/4€2k€260▼

Taxes, remuneration and social security45€5k€22k▲

Taxes450/3€3k€20k▲

Remuneration and social security454/9€2k€2k▼

Other amounts payable47/48€19k€11k▼

Accrued charges and deferred income492/3€299€852▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€9k▲

Other operating charges640/8€435€0▼

Gross operating margin9900€11k€65k▲

Operating profit (loss)9901€9k€57k▲

Financial charges65/66B€685€2k▲

Recurring financial charges65€685€2k▲

Profit (loss) for the period before taxes9903€8k€54k▲

Income taxes67/77€2k€15k▲

Profit (loss) for the period9904€6k€39k▲

Profit (loss) for the period to be appropriated9905€6k€39k▲

Appropriation of the result

Profit (loss) to be appropriated9906€6k€39k▲

Transfer to equity691/2€4k€38k▲

To other reserves6921€4k€38k▲

Profit to be distributed694/7€2k€833▼

Return on contributions (dividend)694€2k€833▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 30-04-2027

2025

30-12

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

30-09

Financial Liquidity triplescurrent ratio 1.64

Current ratio from 0.64 to 1.64.

26-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Wingene · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Brokkelingstraat 138750 Wingene

Ground area

779 m²

Building footprint

89 m²

Volume, LiDAR

619 m³

Parcel 37019B0542/00P000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MS Accountancy

Brokkelingstraat 13, 8750 WingeneCertified accountants and tax accountants

since 20242.361.424.319

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
37019B0542/00P000	Flanders	778 m²	1 · 89 m²	10.4 m · 2 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 135 EUR awarded · 135 EUR paid

Year	Entries	awarded	paid
2025	1	135 EUR	135 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 135 EUR · 135 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Libramont-Chevigny · Eq €43k

Of 2,256 companies in sector 69209 we hold annual accounts for 1,089. 755 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-06-2024

Fiscal year end30-09

Activities, NACEBEL

69201Accountants

69209Other tax advisory services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.