Equity
€10,637 from €60,467 in 2006
Equity fell by 82% in 19 years.
MS-design
Lifetime
20 annual accounts with figures on one time axis, 43 filings since 1983peak €42,773 (2009)
€2,705▼ 64.8%
lowest -€37,431 (2017)
-€2,851▲ €7,024
peak €60,467 (2006)
€10,637▼ 21.1%
€27,613▼ 38.4%
Board2 names since 2018
1 director
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €7,679 to €2,705Loss of €2,851Equity from €13,488 to €10,637Debts from €44,832 to €27,613Cash from €32,197 to €20,415
Key points
from the 2025 annual accountsLosses
-€12,726 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€27,613 72% of the balance sheet
Suppliers 8%Taxes and wages 1%Other 91%
2025 accounts filed 18 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,453 companies had the same profile as MS-design has now. Each dot stands for 7 companies, two years later.
93.1%
were still trading
5.1%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,453 companies, not a prediction for MS-design. 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 check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Ternat to Ittre
New registered office: Rue Charles Catala 74 1460 Ittre · Previous registered office: Watermolenstraat 9 1742 Ternat (Sint-Katherina-lombeek) · General meeting of 22-10-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0423060748
Registered office moved from Berchem-Sainte-Agathe to Ternat
New registered office: Watermolenstraat 9, 1742 Ternat · Previous registered office: Avenue de l'Hôpital Français 18, 1082 Berchem-Sainte-Agathe · General meeting of 20-09-2019 · Gazette deed
Company renamed from GENERAL AUTO SHOP to MS-design
Capital increase of FRANCS 500,000 to FRANCS 750,000 · Capital from FRANCS 250,000 to FRANCS 750,000, 500 new shares · Resignation: (manager) · General meeting of 02-02-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MS-design Ittre | €38,251 | €2,705 | 27.8% | - |
| JOVAN Hooglede | €36,391 | €2,975 | 92.0% | - |
| VSG-NUBRI Dilsen-Stokkem | €50,189 | €3,936 | 47.3% | - |
| BABYLON MOTORS Molenbeek-Saint-Jean | €30,407 | -€1,304 | 100.0% | - |
| MOTO HOUSE - MAISON DE LA MOTO Waterloo | €36,616 | -€91,004 | 2.6% | - |
| DINCAR INTERNATIONAL Seraing | €34,743 | -€9,195 | -43.2% | - |
| GARAGE MET CAR Molenbeek-Saint-Jean | €25,618 | €1,273 | 45.2% | - |
These companies have the same main activity as MS-design: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €25,600 and €50,200, founded between 1987 and 1992.
Official details
Source: KBO- Status
- Active since 15-09-1982Normal situation
- Activity
- Wholesale of cars and light vans (up to 3.5 tonnes)NACE 46711
- Establishment unit
- 2.021.137.2331460 Ittre, since 01-10-1982
- Financial year end
- 31 December
- Peppol
- Reachable since 27-09-2025
Insights on MS-design
MS-design files the micro format. That format states no turnover. The gross margin fell from €41,962 in 2006 to €2,705 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-design
- What is the company number of MS-design?
- The company number of MS-design is 0423.060.748. The VAT number is the same number with BE in front: BE 0423.060.748.
- Where is MS-design based?
- The registered office is at Rue Charles Catala 74, 1460 Ittre.Company details
- What does MS-design do?
- According to the KBO register, the main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711).
- What is the legal form of MS-design?
- MS-design is a private limited company (BV).
- When was MS-design founded?
- MS-design was founded on 15-09-1982.
- Is MS-design still active?
- Yes, MS-design is an active enterprise in the KBO register.
- What is the turnover of MS-design?
- The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €2,705 and 33 comparable companies (NACE 467). It probably lies between €29,000 and €200,000. It is a rough estimate.Financials
- Is MS-design profitable?
- In financial year 2025, MS-design made a loss of €2,851.
- Where can I find the annual accounts of MS-design?
- MS-design filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MS-design due?
- MS-design must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.