MS Expert
ActiveMS Expert has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €128k. Its solvency ranks better than 78% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+25
Growth78
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.64 against 2.02 in 2023; short-term debt: 18.1% and cash: 65.8% of total assets), and 18.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
81.9%
Return on assets
80.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€131k▲ 826%
2023 · €14k
2023: €14k
2023 → 2024
Total assets
€160k▲ 465%
2023 · €28k
2023: €28k
2023 → 2024
Net result
€128k▲ 1,047%
2023 · €11k
2023: €11k
2023 → 2024
Working capital
€77k▲ 433%
2023 · €14k
2023: €14k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€14k-€131k▲ 826%
Operating result€14k-€168k▲ 1,087%
Net result€11k-€128k▲ 1,047%
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 2024; 2024 is 1,087% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €160k
Fixed assets
€55k
Current assets
€106k
Equity and liabilities €160k
Equity
€131k▲ 826%
Debt
€29k▲ 104%
The debt ratio falls from 50.0% to 18.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€170k▲
2023 · €15k
Cash flow
€131k▲
2023 · €12k
Solvency
81.9%▲
2023 · 50.0%
Current ratio
3.64▲
2023 · 2.02
Quick ratio
3.64▲
2023 · 2.02
Debt / equity
0.22▼
2023 · 1.00
ROE
97.7%▲
2023 · 78.9%
ROA
80.1%▲
2023 · 39.5%
Interest coverage
2635.19▲
2023 · 1750.41
Debt
€29k▲
2023 · €14k
Debt ≤ 1 year
€29k▲
2023 · €14k
Income taxes
€39k▲
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€28k€160k▲
Fixed assets21/28-€55k
Tangible fixed assets22/27-€55k
Furniture and vehicles24-€55k
Current assets29/58€28k€106k▲
Amounts receivable within one year40/41€2k-
Other amounts receivable41€2k-
Cash at bank and in hand54/58€27k€106k▲
Equity and liabilities
Total equity and liabilities10/49€28k€160k▲
Equity10/15€14k€131k▲
Contributions10/11€3k€3k=
Reserves13€11k€128k▲
Distributable reserves133€11k€128k▲
Amounts payable17/49€14k€29k▲
Amounts payable within one year42/48€14k€29k▲
Trade debts44€725€5k▲
Suppliers440/4€725€5k▲
Taxes, remuneration and social security45€7k€20k▲
Taxes450/3€7k€20k▲
Other amounts payable47/48€6k€4k▼
Accrued charges and deferred income492/3€163-
Income statement
Code20232024
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Gross operating margin9900€15k€170k▲
Operating profit (loss)9901€14k€168k▲
Financial income75/76B-€15
Recurring financial income75-€15
Financial charges65/66B€9€350▲
Recurring financial charges65€9€65▲
Non-recurring financial charges66B-€286
Profit (loss) for the period before taxes9903€14k€167k▲
Income taxes67/77€3k€39k▲
Profit (loss) for the period9904€11k€128k▲
Profit (loss) for the period to be appropriated9905€11k€128k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€128k▲
Transfer to equity691/2€11k€128k▲
To other reserves6921€11k€128k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €100kEq €131k ▲826%
2 profitable years in a row build equity to €131k.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
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, Tervuren · 1 establishment unit since 2023
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.
Sterrebeeklaan 283080 TervurenGround area
710 m²
Building footprint
134 m²
Volume, LiDAR
857 m³
Parcel 24104B0052/00N002, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MS Expert
since 20232.349.591.111
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24104B0052/00N002 | Flanders | 710 m² | 1 · 134 m² | 9.4 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 40,858 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.