MS VIP
ActiveSummary
The computed 12-month bankruptcy probability of MS VIP is 11.7% (high). For MS VIP, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€2,768) and a net result of -€2,452. Equity is shrinking by ~80.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 5600 sector peers (fiscal year 2022). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-100
Solvency0▼-22
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
11.7%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
-36%
Return on assets
-31.9%
Age of the figures
45 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-09-2023, 61 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
61 d late
2021
38 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 39 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
€7,165
EBIT margin
61.9%
Net result
-€2,452
2021 · €3,503
Working capital
-€2,793▼ 720%
2021 · -€341
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€7,165
Operating result€1,326-€35,598▲ 2,585%-€37,268€4,434-€2,294
Net result€160-€26,670▲ 16,532%-€39,623below the sector's middle half€3,503within the sector's middle half-€2,452below the sector's middle half
EBIT margin61.9%
Equity€9,135-€35,805▲ 292%-€3,818below the sector's middle half-€316below the sector's middle half▲ 91.7%-€2,768below the sector's middle half▼ 777%
Total assets€80,783-€104,216▲ 29.0%€52,428within the sector's middle half▼ 49.7%€10,963below the sector's middle half▼ 79.1%€7,690below the sector's middle half▼ 29.9%
Debt€71,648-€68,411▼ 4.5%€56,246▼ 17.8%€11,279▼ 79.9%€10,458▼ 7.3%
Working capital-€25,009-€20,133-€4,941within the sector's middle half-€341within the sector's middle half▲ 93.1%-€2,793within the sector's middle half▼ 720%
Solvency11.3%-34.4%▲ 23.0pp-7.3%below the sector's middle half▼ 41.6pp-2.9%below the sector's middle half▲ 4.4pp-36.0%below the sector's middle half▼ 33.1pp
Current ratio0.53-1.52▲ 0.990.89within the sector's middle half▼ 0.630.97within the sector's middle half▲ 0.080.73below the sector's middle half▼ 0.24
Return on assets (ROA)0.2%-25.6%▲ 25.4pp-75.6%below the sector's middle half▼ 101.2pp32.0%above the sector's middle half▲ 107.5pp-31.9%below the sector's middle half▼ 63.8pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €2,294 after €4,434 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €7,690
Fixed assets
€25 =
Current assets
€7,665 ▼ 29.9%
Key figures and ratios
Debt to equity
-3.78
Debt ≤ 1 year
€10,458▼
2021 · €11,279
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €7,165 | - | - |
| Non-recurring operating income76A | - | - | - | €50,908 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €50,702 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,895 | €29,617 | €8,967 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,937 | - | - |
| Gross operating margin9900 | €27,694 | €72,476 | -€10,740 | €7,371 | -€2,294 | ▼ 131% |
| Operating profit (loss)9901 | €1,326 | €35,598 | -€37,268 | €4,434 | -€2,294 | ▼ 152% |
| Recurring financial income75 | €0 | €66 | €32 | - | - | - |
| Financial charges65/66B | - | - | - | €727 | €159 | ▼ 78.2% |
| Recurring financial charges65 | €1,120 | €1,750 | €2,115 | €727 | €159 | ▼ 78.2% |
| Profit (loss) for the period before taxes9903 | €206 | €33,915 | -€39,351 | €3,707 | -€2,452 | ▼ 166% |
| Income taxes67/77 | €46 | €7,245 | €272 | €204 | - | - |
| Profit (loss) for the period9904 | €160 | €26,670 | -€39,623 | €3,503 | -€2,452 | ▼ 170% |
| Profit (loss) for the period to be appropriated9905 | €160 | €26,670 | -€39,623 | €3,503 | -€2,452 | ▼ 170% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80,783 | €104,216 | €52,428 | €10,963 | €7,690 | ▼ 29.9% |
| Fixed assets21/28 | €52,159 | €45,427 | €12,837 | €25 | €25 | = |
| Tangible fixed assets22/27 | €52,134 | €45,402 | €12,812 | €0 | - | - |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €28,624 | €58,789 | €39,591 | €10,938 | €7,665 | ▼ 29.9% |
| Amounts receivable within one year40/41 | €10,953 | €37,857 | €37,733 | €10,554 | €4,045 | ▼ 61.7% |
| Trade receivables40 | - | - | - | €10,554 | €4,045 | ▼ 61.7% |
| Cash at bank and in hand54/58 | €2,171 | €2,746 | €34 | €2 | €3,239 | ▲ 166,854% |
| Deferred charges and accrued income490/1 | - | - | - | €382 | €382 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80,783 | €104,216 | €52,428 | €10,963 | €7,690 | ▼ 29.9% |
| Equity10/15 | €9,135 | €35,805 | -€3,818 | -€316 | -€2,768 | ▼ 777% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | = |
| Reserves13 | €620 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €2,315 | €27,745 | -€11,878 | -€8,376 | -€10,828 | ▼ 29.3% |
| Amounts payable17/49 | €71,648 | €68,411 | €56,246 | €11,279 | €10,458 | ▼ 7.3% |
| Amounts payable after more than one year17 | €18,015 | €29,756 | €11,715 | - | - | - |
| Amounts payable within one year42/48 | €53,634 | €38,656 | €44,532 | €11,279 | €10,458 | ▼ 7.3% |
| Trade debts44 | €2,509 | €470 | €6,080 | €1,199 | €750 | ▼ 37.5% |
| Suppliers440/4 | - | - | - | €1,199 | €750 | ▼ 37.5% |
| Advances received on contracts in progress46 | - | - | - | - | €4,288 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,615 | - | - |
| Taxes450/3 | - | - | - | €1,615 | - | - |
| Other amounts payable47/48 | - | - | - | €8,465 | €5,421 | ▼ 36.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €160 | €26,670 | -€39,623 | €3,503 | -€2,452 | ▼ 170% |
| + Depreciation and write-downs630 | €23,895 | €29,617 | €8,967 | - | - | - |
| Operating cash flow (approximation) | €24,056 | €56,286 | -€30,656 | €3,503 | -€2,452 | ▼ 170% |
| Investment in fixed assets (approximation) | - | -€22,885 | €23,623 | €12,812 | €0 | ▼ 100% |
| Change in cash | - | €576 | -€2,712 | -€32 | €3,237 | ▲ 10,131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 38 days late
2021
31-12
Financial
Back to profitnet €3,503
Net result €3,503 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet -€39,623
Net result drops to -€39,623, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Highest result since 2018net €26,670 ▲16,532%
Operating result €35,598, net result €26,670, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.52
Current ratio from 0.53 to 1.52; short-term debt falls from €53,634 to €38,656.
25-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Ganshoren · 2 establishment units since 2016
Ground area
1.1 ha
Building footprint
5,917 m²
Volume, LiDAR
43,545 m³
3 parcels, Brussels, Flanders · tallest building 29.6 m, ±9 floors. Linked by address, not a title deed.
35
companies at this address
See who is registered here
2 establishment units
MS VIP
since 20162.253.320.193
MS VIP
since 20252.376.099.132
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0087/00N000 | Flanders | 8,945 m² | 1 · 4,957 m² | 22.5 m · 3 fl. |
| 21018A0051/00F000 | Brussels | 1,080 m² | 1 · 603 m² | 18.6 m · 4 fl. |
| 21392B0100/00C005 | Brussels | 534 m² | 1 · 356 m² | 29.6 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 963 companies in sector 49310 we hold annual accounts for 490. 342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
80010Investigation and private security services
90391Promotion and organisation of arts and performing arts events
E-invoicing
Reachable via Peppol
Peppol ID
0208:0655704261
Also
9925:BE0655704261
Registered
06-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.