MS POWER
Annual accounts 2025
micro format, filed on 15-06-2026, 46 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 ≈ €260,000. Estimated: probably between €140,000 and €470,000.
Balance sheet
balance sheet total €150,913 on 31-12-2025in euro
in euro
Position in the sector
42.4%
Higher than 49% of 9,462 companies in 2025.
2.33
Higher than 65% of 9,210 companies in 2025.
13.6%
Higher than 65% of 9,282 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
150,913 | 64,654 | |
21/28 |
77,650 | 4,268 | |
22/27 |
77,650 | 4,268 | |
23 |
3,557 | 1,771 | |
24 |
1,477 | 2,497 | |
25 |
72,616 | - | |
29/58 |
73,263 | 60,386 | |
40/41 |
46,294 | 28,262 | |
40 |
21,217 | 18,661 | |
41 |
25,077 | 9,601 | |
54/58 |
26,969 | 32,124 | |
| Balance sheet: equity and liabilities | |||
10/49 |
150,913 | 64,654 | |
10/15 |
63,976 | 38,443 | |
10/11 |
5,000 | - | |
14 |
58,976 | 38,443 | |
17/49 |
86,937 | 26,211 | |
17 |
55,504 | - | |
170/4 |
55,504 | - | |
42/48 |
31,433 | 26,211 | |
42 |
9,001 | - | |
44 |
7,000 | 2,480 | |
440/4 |
7,000 | 2,480 | |
45 |
15,433 | 23,731 | |
450/3 |
15,433 | 14,424 | |
454/9 |
- | 9,307 | |
| Income statement | |||
9900 |
37,359 | 54,552 | |
62 |
- | 1,525 | |
630 |
4,406 | 761 | |
640/8 |
137 | 3,549 | |
9901 |
32,815 | 48,717 | |
75/76B |
116 | 4 | |
75 |
116 | 4 | |
65/66B |
7,231 | 639 | |
65 |
7,231 | 639 | |
9903 |
25,700 | 48,082 | |
67/77 |
5,167 | 9,639 | |
9904 |
20,533 | 38,443 | |
9905 |
20,533 | 38,443 | |
| Appropriation of the result | |||
9906 |
58,976 | 38,443 | |
14P |
38,443 | - | |
| Document | |||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 37,222 | 49,478 | ||
| 24,939 | 39,204 | ||
| 77,789 | 9,803 | ||
| -5,155 | - | ||
| 41,830 | 34,175 | ||
| 42.4% | 59.5% | ||
| 2.33 | 2.30 | ||
| 1.36 | 0.68 | ||
| 32.1% | 100.0% | ||
| 13.6% | 59.5% | ||
| 5.15 | 77.43 |
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 | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €77,789 | €9,803 |
| €4,406 | €761 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on MS POWER
The operating result for 2025 is 33% lower than in 2024.
Debt's share of the balance-sheet total rises from 40.5% to 57.6%. Equity and debt are higher.