MS FOODS
ActiveSummary
The computed 12-month bankruptcy probability of MS FOODS is 3.3% (moderate). The 2025 annual accounts show equity of €42k and a net result of €5k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 13305 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76=
Solvency68▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.29 in 2024; short-term debt: 33.2% and cash: 6.7% of total assets), and 57.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 2025Solvency, return and age of the figures
Solvency
42.7%
Return on assets
5.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 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 · 7 filingsDeviation from the deadline
2025
28 d late
2024
26 d late
2023
8 d early
2022
30 d late
2021
38 d early
2020
12 d late
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€42k▼ 0.2%
2024 · €42k
2019: €16k
2020: €21k
2021: €26k
2022: €19k
2023: €37k
2024: €42k
2019 → 2025
Total assets
€98k▼ 5.6%
2024 · €103k
2019: €32k
2020: €49k
2021: €61k
2022: €51k
2023: €57k
2024: €103k
2019 → 2025
Net result
€5k▼ 12.8%
2024 · €6k
2019: €10k
2020: €10k
2021: €6k
2022: €-8k
2023: €19k
2024: €6k
2019 → 2025
Working capital
€11k▲ 22.5%
2024 · €9k
2019: €9k
2020: €9k
2021: €9k
2022: €-6k
2023: €11k
2024: €9k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€19k▼ 28.9%€37k▲ 99.5%€42k▲ 12.2%€42k▼ 0.2%
Operating result€7k-€-6k€23k€10k▼ 55.6%€12k▲ 16.2%
Net result€6k-€-8k€19k€6k▼ 66.9%€5k▼ 12.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€54k ▼ 15.2%
Current assets
€43k ▲ 10.1%
Equity and liabilities €98k
Equity
€42k ▼ 0.2%
Debt
€56k ▼ 9.3%
Debt's share of the balance-sheet total falls from 59.6% to 57.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €17k
Cash flow
€21k▲
2024 · €13k
Current ratio
1.33▲
2024 · 1.29
Quick ratio
1.04▲
2024 · 0.97
Debt to equity
1.34▼
2024 · 1.48
ROE
12.8%▼
2024 · 14.7%
ROA
5.5%▼
2024 · 5.9%
Interest coverage
8.47▼
2024 · 25.73
Debt ≤ 1 year
€32k▲
2024 · €30k
Debt > 1 year
€24k▼
2024 · €31k
Income taxes
€3k▲
2024 · €3k
Staff costs
€35k▼
2024 · €55k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€103k€98k▼
Fixed assets21/28€64k€54k▼
Tangible fixed assets22/27€62k€53k▼
Plant, machinery and equipment23€9k€10k▲
Furniture and vehicles24€53k€43k▼
Financial fixed assets28€2k€2k=
Current assets29/58€39k€43k▲
Stocks and contracts in progress3€10k€10k▼
Stocks30/36€10k€10k▼
Amounts receivable within one year40/41€21k€21k▼
Trade receivables40€9k€14k▲
Other amounts receivable41€12k€7k▼
Cash at bank and in hand54/58€4k€7k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€103k€98k▼
Equity10/15€42k€42k▼
Contributions10/11€6k€6k=
Reserves13€35k€36k▲
Distributable reserves133€35k€36k▲
Profit (loss) carried forward14€645€8▼
Amounts payable17/49€62k€56k▼
Amounts payable after more than one year17€31k€24k▼
Financial debts170/4€31k€24k▼
Amounts payable within one year42/48€30k€32k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Trade debts44€13k€9k▼
Suppliers440/4€13k€9k▼
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€6k€5k▼
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48€2k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€55k€35k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€16k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€76k€66k▼
Operating profit (loss)9901€10k€12k▲
Financial income75/76B€248€447▲
Recurring financial income75€248€447▲
Financial charges65/66B€660€3k▲
Recurring financial charges65€660€3k▲
Profit (loss) for the period before taxes9903€10k€9k▼
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€6k€5k▼
Profit (loss) for the period to be appropriated9905€6k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€6k▼
Profit (loss) brought forward from the previous period14P€2k€645▼
Transfer from equity791/2-€5k
Transfer to equity691/2€6k€5k▼
To other reserves6921€6k€5k▼
Profit to be distributed694/7€2k€5k▲
Return on contributions (dividend)694€2k€5k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-8k ▼238%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Gesves · 1 establishment unit since 2019
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.
Rue de Hamel 35340 GesvesGround area
2.0 ha
Building footprint
90 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ardennes 6, 5560 Houyet
since 20192.283.450.076
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91072A0348/00D000 | Wallonia | 1.9 ha | 1 · 8 m² | - |
| 92060B0275/00K000 | Wallonia | 1,298 m² | 1 · 82 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHouyet2.283.450.076
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,747 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:msfoods@proximus.be