MS Management

Active

Private limited companyfounded 20215 yrs activeWouwersveld 26, 2630 Aartselaar, BelgiumKBO/BCE: BE 0762.453.751

The file of MS Management contains 2 judicial reorganisations, as published in the Belgian State Gazette. The 2025 annual accounts show negative equity (€-4k) and a net result of €-33k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 5523 sector peers (fiscal year 2025).

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Checked score

Outside the general model

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 5523 sector peers (2025).

NBB · sector comparison

Position among 5523 sector peers

Solvency

better than 5%

← weakest strongest →

Earlier reorganisation (closed)

Involved in a judicial reorganisation procedure in the past. No current open procedure.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

25 d early

2024

14 d early

2023

31 d early

2022

on the day

2021

30 d early

← before the deadline after the deadline →

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 months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€-4k

2024 · €28k

2021: €19k 2022: €52k 2023: €67k 2024: €28k

2021 → 2025

Net result

€-33k▲ 14.4%

2024 · €-38k

2021: €14k 2022: €33k 2023: €15k 2024: €-38k

2021 → 2025

Total assets

€108k▼ 3.5%

2024 · €112k

2021: €63k 2022: €131k 2023: €197k 2024: €112k

2021 → 2025

Solvency

-3.9%▼ 29.3pp

2024 · 25.4%

2021: 30.0% 2022: 39.4% 2023: 33.9% 2024: 25.4%

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€19k-€52k▲ 173%€67k▲ 29.1%€28k▼ 57.3%€-4k

Operating result€21k-€45k▲ 117%€25k▼ 43.8%€-34k€-28k▲ 18.5%

Net result€14k-€33k▲ 136%€15k▼ 54.1%€-38k€-33k▲ 14.4%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €28k in 2025 against €34k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €108k

33.8%

66.2%

Fixed assets €37k▼ 17.0%

Current assets €72k▲ 5.3%

Key figures and ratios

2025 value · change against 2024

Solvency

-3.9%▼

2024 · 25.4%

ROA

-30.2%▲

2024 · -34.1%

Debt

€113k▲

2024 · €84k

Debt ≤ 1 year

€113k▲

2024 · €81k

Debt > 1 year

€0▼

2024 · €3k

Income taxes

€220▼

2024 · €724

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€112k€108k▼

Fixed assets21/28€44k€37k▼

Tangible fixed assets22/27€16k€8k▼

Furniture and vehicles24€749€369▼

Leasing and similar rights25€7k€0▼

Other tangible fixed assets26€8k€8k▼

Financial fixed assets28€29k€29k=

Current assets29/58€68k€72k▲

Stocks and contracts in progress3€4k€4k=

Stocks30/36€4k€4k=

Amounts receivable within one year40/41€55k€57k▲

Trade receivables40€16k€14k▼

Other amounts receivable41€39k€43k▲

Cash at bank and in hand54/58€98€4k▲

Deferred charges and accrued income490/1€8k€7k▼

Equity and liabilities

Total equity and liabilities10/49€112k€108k▼

Equity10/15€28k€-4k▼

Contributions10/11€5k€5k=

Profit (loss) carried forward14€23k€-9k▼

Amounts payable17/49€84k€113k▲

Amounts payable after more than one year17€3k€0▼

Financial debts170/4€3k€0▼

Amounts payable within one year42/48€81k€113k▲

Current portion of amounts payable after more than one year42€4k€0▼

Financial debts43€466€0▼

Other loans439€466€0▼

Trade debts44€20k€16k▼

Suppliers440/4€20k€16k▼

Taxes, remuneration and social security45€30k€45k▲

Taxes450/3€30k€29k▼

Remuneration and social security454/9-€16k

Other amounts payable47/48€26k€52k▲

Income statement Code20242025

Non-recurring operating income76A€7k€2k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€545▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-

Other operating charges640/8€55k€2k▼

Non-recurring operating charges66A-€5k

Gross operating margin9900€26k€-20k▼

Operating profit (loss)9901€-34k€-28k▲

Financial income75/76B€1€0▼

Recurring financial income75€1€0▼

Financial charges65/66B€3k€4k▲

Recurring financial charges65€3k€4k▲

Profit (loss) for the period before taxes9903€-38k€-33k▲

Income taxes67/77€724€220▼

Profit (loss) for the period9904€-38k€-33k▲

Profit (loss) for the period to be appropriated9905€-38k€-33k▲

Appropriation of the result

Profit (loss) to be appropriated9906€23k€-9k▼

Profit (loss) brought forward from the previous period14P€62k€23k▼

Social balance

Average headcount (FTE)90870.00.0=

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Signals 2Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

06-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

02-03

Judicial reorganisation Plan homologation

Ondernemingsrechtbank Antwerpen · 20250059 · event 25-02-2026

2025

24-09

Judicial reorganisation Opening

Ondernemingsrechtbank Antwerpen · collectif · event 17-09-2025

17-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Weakest financial yearnet €-38k ▼354%

Net result drops to €-38k, the lowest in the series; recovery starts the following year.

30-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2021net €33k ▲136%

Operating result €45k, net result €33k, both a record.

01-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

SignalFinancial 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, Aartselaar · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Wouwersveld 262630 Aartselaar

Ground area

860 m²

Building footprint

153 m²

Volume, LiDAR

602 m³

Parcel 11001B0092/00H000, Flanders · tallest building 12.6 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

MS Management

Wouwersveld 26, 2630 AartselaarFinancial service activities, except insurance and pension funding

since 20212.312.530.577

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11001B0092/00H000	Flanders	860 m²	1 · 153 m²	12.6 m · 1 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 1,080 EUR awarded · 1,080 EUR paid

Year	Entries	awarded	paid
2023	1	1,080 EUR	1,080 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 1,080 EUR · 1,080 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

98450081B6EFA8FCA945

live in the LEI register

Similar companies · same sector, comparable size

Gifted Arts Management

Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 8,636 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded25-01-2021

Fiscal year end31-12

Activities, NACEBEL

64200Holdings

64210Activities of holding companies

70100Activities of head offices

70200Business and other management consultancy

70210Activities of head offices; management consultancy activities

70220Business consulting

73110Advertising agencies

73300Public relations and communication consultancy

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 5 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.