MS GESTION
Annual accounts 2025
micro format, filed on 23-12-2025, 39 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €78,000. Estimated: probably between €47,000 and €110,000.
Balance sheet
balance sheet total €53,009 on 30-06-2025in euro
in euro
Position in the sector
22.7%
Higher than 25% of 39,360 companies in 2025.
0.93
Higher than 22% of 38,044 companies in 2025.
18.0%
Higher than 56% of 38,516 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
53,009 | 68,996 | 64,742 | 85,006 | 25,650 | |
21/28 |
27,341 | 38,788 | 48,100 | 8,184 | - | |
22/27 |
27,341 | 38,788 | 48,100 | 8,184 | - | |
24 |
25,082 | 35,296 | 43,375 | 2,227 | - | |
26 |
2,260 | 3,492 | 4,725 | 5,957 | - | |
29/58 |
25,667 | 30,208 | 16,642 | 76,822 | 25,650 | |
40/41 |
3,000 | 12,000 | 10,185 | 3,064 | 24,200 | |
40 |
- | - | 10,185 | 193 | 24,200 | |
41 |
3,000 | 12,000 | - | 2,871 | - | |
54/58 |
20,945 | 16,784 | 609 | 73,758 | 1,450 | |
490/1 |
1,723 | 1,424 | 5,848 | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
53,009 | 68,996 | 64,742 | 85,006 | 25,650 | |
10/15 |
12,056 | 2,523 | 2,167 | 60,478 | 7,485 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
14 |
10,056 | 523 | 167 | 58,478 | 5,485 | |
17/49 |
40,953 | 66,474 | 62,575 | 24,528 | 18,165 | |
17 |
13,411 | 21,449 | 29,170 | - | - | |
170/4 |
13,411 | 21,449 | 29,170 | - | - | |
42/48 |
27,542 | 45,024 | 33,405 | 24,528 | 18,165 | |
42 |
8,039 | 7,720 | 7,415 | - | - | |
44 |
2,986 | 4,583 | 6,955 | 4,550 | 6,672 | |
440/4 |
2,986 | 4,583 | 6,955 | 4,550 | 6,672 | |
45 |
6,171 | 10,590 | 13,279 | 19,978 | 10,493 | |
450/3 |
6,171 | 10,590 | 13,279 | 19,978 | 5,493 | |
454/9 |
- | - | - | - | 5,000 | |
47/48 |
10,346 | 22,131 | 5,756 | - | 1,000 | |
| Income statement | ||||||
9900 |
26,916 | 54,917 | 61,186 | 67,502 | 6,862 | |
630 |
11,447 | 11,378 | 6,363 | 705 | - | |
640/8 |
802 | 504 | 154 | - | - | |
9901 |
14,667 | 43,035 | 54,669 | 66,797 | 6,862 | |
65/66B |
1,382 | 1,594 | 944 | 53 | 7 | |
65 |
1,382 | 1,594 | 944 | 53 | 7 | |
9903 |
13,285 | 41,441 | 53,725 | 66,744 | 6,855 | |
67/77 |
3,752 | 13,085 | 5,786 | 13,751 | 1,370 | |
9904 |
9,534 | 28,355 | 47,939 | 52,993 | 5,485 | |
9905 |
9,534 | 28,355 | 47,939 | 52,993 | 5,485 | |
| Appropriation of the result | ||||||
9906 |
10,056 | 28,523 | 106,417 | 58,478 | 5,485 | |
14P |
523 | 167 | 58,478 | 5,485 | - | |
694/7 |
- | 28,000 | 106,250 | - | - | |
694 |
- | 28,000 | 106,250 | - | - | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 23-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 23-12-2025 | 2025-00592602 | |
| 30-06-2024 | micro format | 04-09-2024 | 2024-00458068 | |
| 30-06-2023 | micro format | 04-12-2023 | 2023-00524941 | |
| 30-06-2022 | micro format | 03-10-2022 | 2022-20456416 | |
| 30-06-2021 | micro format | 14-02-2022 | 2022-05700040 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 26,114 | 54,413 | 61,032 | 67,502 | - | ||
| 20,981 | 39,733 | 54,302 | 53,698 | - | ||
| 0 | 2,067 | 46,279 | 8,889 | - | ||
| 4,161 | 16,175 | -73,149 | 72,308 | - | ||
| -1,874 | -14,817 | -16,763 | 52,294 | 7,485 | ||
| 22.7% | 3.7% | 3.3% | 71.1% | 29.2% | ||
| 0.93 | 0.67 | 0.50 | 3.13 | 1.41 | ||
| 3.40 | 26.35 | 28.88 | 0.41 | 2.43 | ||
| 79.1% | - | - | 87.6% | 73.3% | ||
| 18.0% | 41.1% | 74.0% | 62.3% | 21.4% | ||
| 18.90 | 34.14 | 64.65 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €2,067 | €46,279 | €8,889 |
| €11,447 | €11,378 | €6,363 | €705 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on MS GESTION
The operating result for 2025 is 66% lower than in 2024 and the lowest since 2021. It is the third fall in a row.
Debt's share of the balance-sheet total falls from 96.3% to 77.3%. Equity is higher and debt is lower.