Equity
€532,724 ▲ 1.7%
MS CONSULTING has made a profit in every financial year since 2012.
MS CONSULTING
Lifetime
14 annual accounts with figures on one time axispeak €1.1m (2020)
€304,280▲ 68.8%
peak €161,507 (2021)
€8,964▼ 81.6%
peak €532,724 (2025)
€532,724▲ 1.7%
€1.2m▲ 53.3%
peak 6.4 FTE (2022)
-not published
Board4 names since 2019
1 directorMAKSUTOGULLARI Sedrettin
Documentsfilings and deeds
21-09-202652 days late
2025abbreviated format
Gross margin from €180,215 to €304,280Result from €48,719 to €8,964Debts from €761,490 to €1.2m
Key points
from the 2025 annual accountsChecked score
66
Healthy
Financially stronger than 25% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025lowest value
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025
08-2025: 1.1%▲ +0.4 percentage points vs 07-2025
09-2025: 1.2%▲ +0.1 percentage points vs 08-2025
10-2025: 1.8%▲ +0.6 percentage points vs 09-2025
11-2025: 1.7%▼ -0.1 percentage points vs 10-2025
12-2025: 2.3%▲ +0.6 percentage points vs 11-2025highest value
01-2026: 0.8%▼ -1.5 percentage points vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.9%▲ +0.1 percentage points vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.5%▲ +0.6 percentage points vs 07-2026
09-2026: 1.7%▲ +0.2 percentage points vs 08-2026
10-2026: 0.9%▼ -0.8 percentage points vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 52 days late; 2 of the last 3 accounts late
Liquidity: current ratio 1.43, cash €6,990
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €1.7m
Calculation
The band follows from the bankruptcy probability. 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 (NACE 43, micro). It does better than 33% of them on solvency, 8% on liquidity, 17% on profitability and 40% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as MS CONSULTING has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of MS CONSULTING itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for MS CONSULTING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.43 (1.6 in 2024), below the usual 1.5. Short-term debt is 68.7% and cash 0.4% of total assets. 68.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
52 days late
2024
123 days late
2023
32 days early
2022
7 days early
2021
177 days late
2020
89 days late
2019
87 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 70 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 September (4 of the last 5 accounts filed within 83 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- SAMIR SHEFKET 10 sharesdeed of 25-11-2020
- MAKSUTOGULLARI SEDRETTIN 90 sharesdeed of 25-11-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0842250703
Change of role: MAKSUTOGULLARI Sedrettin, from manager to director
Director discharge: MAKSUTOGULLARI Sedrettin (manager) · Gazette deed
Registered office moved from Genk to Beringen
New registered office: KASTELETSINGEL 17/1-3580 BERINGEN · Previous registered office: STALENSTRAAT 25, 3600 GENK · Resignation: AYHAN HALIM EMIN (manager) · General meeting of 04-11-2020 · Gazette deed
Registered office moved within Genk
New registered office: STALENSTRAAT 25-3600 GENK · Previous registered office: Bevrijdingslaan 61-3600 GENK · Resignation: HALIL REYHAN EMIN (manager) · General meeting of 01-03-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MS CONSULTING Beringen | €1.7m | €304,280 | 31.3% | - |
| VANDEREYT E. Sint-Truiden | €2.3m | €233,947 | 14.1% | - |
| KERAFLOOR Ham | €1.4m | €439,713 | 10.6% | 6.4 |
| MK FLOOR Hasselt | €1.3m | €351,493 | 48.3% | 1.3 |
| RENO-K Asse | €1.8m | €404,428 | 28.2% | 9.6 |
| DEVRIENDT PATRICK EN JASON VLOERWERKEN Gistel | €1.3m | €248,499 | 45.4% | 1.8 |
| JMG Beerse | €1.6m | €229,365 | 7.5% | 3.7 |
These companies have the same main activity as MS CONSULTING: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €1.3m and €2.3m, founded between 2008 and 2015.
Official details
Source: KBO- Status
- Active since 29-12-2011Normal situation
- Activity
- Floor and wall tilingNACE 43331and 4 others
- Establishment unit
- 2.206.173.8393583 Beringen, since 02-01-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 22-01-2026
Annual accounts 2025
- ≈ €880,000estimated
- €1.7m▲ 32.3%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 21-09-2026
Insights on MS CONSULTING
MS CONSULTING files the abbreviated format. That format states no turnover. The gross margin rose from €14,258 in 2012 to €304,280 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MS CONSULTING
- What is the company number of MS CONSULTING?
- The company number of MS CONSULTING is 0842.250.703. The VAT number is the same number with BE in front: BE 0842.250.703.
- Where is MS CONSULTING based?
- The registered office is at Kasteletsingel 17, 3580 Beringen.Company details
- What does MS CONSULTING do?
- According to the KBO register, the main activity is floor and wall tiling (NACE 43331).
- What is the legal form of MS CONSULTING?
- MS CONSULTING is a private limited company (BV).
- When was MS CONSULTING founded?
- MS CONSULTING was founded on 29-12-2011.
- Is MS CONSULTING still active?
- Yes, MS CONSULTING is an active enterprise in the KBO register.
- How many employees does MS CONSULTING have?
- MS CONSULTING had an average of 3.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MS CONSULTING?
- The turnover in financial year 2025 is ≈ €880,000. This figure is estimated from the gross margin of €304,280 and 39 comparable companies (NACE 433). It probably lies between €660,000 and €1.1m.
- Is MS CONSULTING profitable?
- In financial year 2025, MS CONSULTING made a profit of €8,964.
- Where can I find the annual accounts of MS CONSULTING?
- MS CONSULTING filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MS CONSULTING due?
- MS CONSULTING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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