Turnover
≈ €260,000 estimated
The micro format states no turnover.
MS POWER
Overview
Lifetime
2 annual accounts with figures on one time axispeak €54,552 (2024)
€37,359▼ 31.5%
peak €38,443 (2024)
€20,533▼ 46.6%
peak €63,976 (2025)
€63,976▲ 66.4%
€86,937▲ 232%
Board1 name since 2023
1 directorSOLCAN,Tobias-Alin
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Gross margin from €54,552 to €37,359Result from €38,443 to €20,533Equity from €38,443 to €63,976Debts from €26,211 to €86,937Investments €77,789
Key points
from the 2025 annual accountsInvestments
€77,789 17.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 100.9% higher than in 2024.
At the same address
243 companies
Checked score
55
Fair
Financially stronger than 66% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.2%
01-2025: 4.6%▲ +0.4 percentage points vs 12-2024
02-2025: 4.6%● unchanged vs 01-2025
03-2025: 5.0%▲ +0.4 percentage points vs 02-2025highest value
04-2025: 5.0%● unchanged vs 03-2025
05-2025: 4.8%▼ -0.2 percentage points vs 04-2025
06-2025: 0.7%▼ -4.1 percentage points vs 05-2025lowest value
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 2.1%▲ +1.3 percentage points vs 06-2026
08-2026: 2.1%● unchanged vs 07-2026
09-2026: 2.1%● unchanged vs 08-2026
10-2026: 2.1%● unchanged vs 09-2026
11-2026: 2.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €150,913
lowers risk
Liquidity: current ratio 2.33, cash €26,969
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 50% of them on solvency, 71% on liquidity, 59% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as MS POWER has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MS POWER itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for MS POWER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.33 (2.3 in 2024), above the usual 1.5. Short-term debt is 20.8% and cash 17.9% of total assets. However, 57.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
46 days early
2024
70 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 58 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Incorporation
Founding capital of €5,000, 100 shares · Founder: SOLCAN, Tobias-Alin · Appointment: SOLCAN, Tobias-Alin (director) · published on 03-08-2023 · Gazette deed
First establishment
Mutsaardlaan 72, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MS POWER Drogenbos | €150,913 | €37,359 | 42.4% | - |
| VADS Grimbergen | €140,008 | €38,940 | 33.5% | - |
| NIW-PROJECTS Overijse | €131,340 | €35,359 | 44.2% | - |
| LARY HAIR Grimbergen | €169,504 | €41,410 | 41.5% | - |
| Ideal Shape Sint-Pieters-Leeuw | €148,031 | €44,241 | 9.0% | - |
| KNIPPOWER Zaventem | €143,105 | €34,293 | 44.9% | - |
| PRO DSC Wemmel | €150,564 | €42,631 | 32.7% | - |
These companies have the same main activity as MS POWER: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €131,000 and €170,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 31-07-2023Normal situation
- Registered office
- 247 active companies are registered at this address39 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.348.746.4191020 Brussels, since 31-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €37,359▼ 31.5%
- €20,533▼ 46.6%
- €63,976▲ 66.4%
- €150,913▲ 133%
- Filing
- Filed on 15-06-2026, 46 days before the end of the filing period
Insights on MS POWER
The balance sheet grew most in 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 15-06-2026, 46 days before the deadline€37,359
▼ 31.5%
€32,815
▼ 32.6%
€20,533
▼ 46.6%
€41,830
▲ 22.4%
42.4%
▼ 17.1 percentage points
2.33
▲ 0.03
Turnover 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 31-12-2025What the company ownsHow it is paid for
in 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.
MS POWER
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
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.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 03-08-2023
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bestuursbevoegdheden aan hem…”deed of 03-08-2023
Mandates through the years
1 name, the dashed line is todaySOLCAN,Tobias-Alin
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- SOLCAN,Tobias-Alin
- Director (not named in the articles), appointed by deed of 03-08-2023, still in office
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €640 in 2025
- Source
- deed of 03-08-2023
Articles of association
deed of 03-08-2023 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director“Bestuursorgaan, niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene vergadering”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
Shareholders
At incorporation
deed of 03-08-2023 ↗
- SOLCAN,Tobias-Alin 100 shares (100%) · €5,000 · kontanten
Network & group
No group
MS POWER has no parent and no holdings in its annual accounts. SOLCAN,Tobias-Alin is the only director. MS POWER shares no director with another company.
At the same address
W.A. Mozartlaan 2, 1620 Drogenbos · 246 other companies| BLANC NUAGE
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7.2 FTE (2025) 0472.408.509 |
| LEOVA
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turnover €1.6m (2025) 1011.735.140 |
| TM Build
registered office since 27-12-2024 · founded in 2024 |
turnover €1.0m (2025) 1017.964.520 |
| Handen Van Goud
registered office since 15-04-2024 · founded in 2024 |
turnover €903,568 (2025) 1008.409.030 |
| COMPTA TRIOX
establishment since 22-07-2025 · founded in 2025 |
total assets €888,677 (2026) 1025.764.706 |
| SB HOME
registered office since 19-01-2022 · founded in 2022 |
turnover €705,773 (2025) 0780.627.789 |
| MDV HOME
registered office since 04-10-2023 · founded in 2023 |
turnover €695,575 (2026) 1000.739.397 |
| CRISPO
registered office since 24-10-2023 · founded in 2023 |
turnover €562,314 (2026) 1001.554.593 |
| BIG TEAM
registered office since 23-10-2023 · founded in 2023 |
turnover €454,006 (2026) 1001.491.544 |
| JOSAL
registered office since 28-01-2021 · founded in 2021 |
total assets €432,321 (2025) 0762.623.601 |
Timeline
Timeline
4 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 46 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 70 days before the deadline
2023
IncorporationFounding capital of €5,000, 100 shares · Founder: SOLCAN, Tobias-Alin · Appointment: SOLCAN, Tobias-Alin (director) · published on 03-08-20234 points ▸
- Founder, SOLCAN, Tobias-Alin
- Founding capital, €5,000, 100 shares
- Registered office clause, W.A. Mozartlaan 2, 1620 Drogenbos
- Director appointment, SOLCAN, Tobias-Alin (director (not named in the articles))
- The deed holds 3 more points.
First establishment Mutsaardlaan 72, Brussels
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 31 July 2023, MS POWER was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 SOLCAN,Tobias-Alin is director of the company, appointed by deed of 03-08-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0804.430.896
- VAT number
- BE 0804.430.896
- Peppol ID
- 0208:0804430896
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 31-07-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 03-08-2023 (in Dutch)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MS POWER in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43320
Joinery installation
43331
Floor and wall tiling
43341
Painting of buildings
Codes under NACEBEL 2008
41201
General construction of buildings main activity
43320
Joinery installation
43331
Floor and wall tiling
43341
Painting of buildings
43390
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Kan de functies en opdrachten van lasthebber,zaakvoerder,(dagelijks of onafhankelijk) bestuurder,“corporate governance” mandataris,kaderlid…”deed of 03-08-2023 (in Dutch)
9 activities
- Kan de functies en opdrachten van lasthebber,zaakvoerder,(dagelijks of onafhankelijk) bestuurder,“corporate governance” mandataris,kaderlid of expert,lid van de directieraad of raad van toezicht dan wel van enig ander comité,beheerder,toezichthouder,(voorlopig) bewindvoerder,sekwester of vereffenaar van andere vennootschappen,rechtspersonen,bedrijven of ondernemingen uitoefenen en dit zowel krachtens een contractuele of statutaire benoeming dan wel in de hoedanigheid van externe raadgever of orgaan van de client en zowel onder de vorm van interim- als onder de vorm van project- of crisismanagement;
- Kan tevens roerende en onroerende goederen,al dan niet bemeubeld en/of uitgerust en al dan niet samen met de nuts- of gebruiksvoorzieningen,ter beschikking stellen aan de leden van haar bestuursorganen en/of aandeelhouders in het kader van een bezoldigingspolitiek van de vennootschap ten gunste van voormelde personen.
- De activiteit van tussenpersoon in de handel,omvattende de ‘traders’,makelaars,commissionairs en zelfstandige handelsagenten en -vertegenwoordigers met inbegrip van de in- en uitvoer;
- Het bemiddelen bij en in,evenals het begeleiden en faciliteren van alle handelstransacties en het verstrekken van alle daaraan gerelateerde administratieve en andere dienstverlening;
- Mag,in het algemeen,alle financiële,commerciële,industriële,roerende en onroerende verrichtingen doen welke,rechtstreeks of onrechtstreeks,kunnen bijdragen tot de verwezenlijking van haar voorwerp of die haar werkzaamheden kunnen bevorderen;
- Kan deelnemen of zich op andere wijze interesseren in allerhande vennootschappen,ondernemingen,groeperingen of organisaties;
- Mag waarborgen verlenen,haar onroerende goederen in hypotheek stellen en al haar andere goederen,met inbegrip van het handelsfonds,in pand stellen en mag zich borg stellen dan wel aval verlenen voor alle leningen,kredietopeningen en alle andere verbintenissen,voor haarzelf en zelfs voor alle derden op voorwaarde dat zij er zelf belang bij heeft;
- Elke activiteit die betrekking heeft op:
- Het beheer van een patrimonium,samengesteld uit onroerende en roerende goederen,het valoriseren en in stand houden van dit patrimonium,vooral door beheersdaden; beheer wordt in deze zin verstaan dat aankoop en vervreemding toegelaten zijn in zoverre zij nuttig of noodzakelijk zijn of bijdragen tot een meer gunstige samenstelling van het patrimonium van de vennootschap. Daartoe mag de vennootschap alle onroerende,roerende en financiële verhandelingen verrichten zoals onder meer:
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| W.A. Mozartlaan 2 registered office 1620 Drogenbos | ||
| Mutsaardlaan 72 1020 Brussels | 31-07-2023 | 2.348.746.419 |
Buildings and parcels at the addresses
- Ground area
- 2.0 ha
- Buildings
- 1,541 m²
- Volume, LiDAR
- 41,437 m³
- Tallest building
- 46.3 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22001A0006/00W002 | Flanders | 1.1 ha | 1 · 794 m² | 13.0 m · 4 |
| 21818A0221/00K003 | Brussels | 9,432 m² | 1 · 746 m² | 46.3 m · 14 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0804.430.896