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MS-WORX

Active
Private limited companyfounded 2024active for 2 yearsKlaprooslaan 19, 2390 Malle, BelgiumKBO/BCE: BE 1006.963.136

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of MS-WORX is 5.1% (elevated). The 2025 annual accounts show negative equity (-€4,224) and a net result of -€501. Its solvency ranks better than 8% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 11-03-2024 Normal situation
Activity
General electrical installation work NACE 43211and 4 others
Establishment unit
2.356.841.365 2390 Malle, since 11-03-2024
Financial year end
31 December
Peppol
Reachable since 03-10-2025

Board and ownership

Financial position

36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.1%
Annual accounts 2025
Gross margin
€527
Turnover
≈ €4,400
estimated
Loss
€501
▼ 92.0%
Equity
-€4,224
▼ 13.4%
Total assets
€40,866
=
Staff
≈ 0 FTE
estimated
Filed on 24-08-2026, 24 days after the deadlineat the National Bank
Score breakdownraises riskFounded in 2024Liquidity: current ratio 2.531 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 24-08-2026)Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 27% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 15-1
equity -10.3% of total assets
Liquidity 63+22
short-term debt 39.6%
Profitability 34+34
return on assets -1.2%
Bankruptcy probability within 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 04-2025: 1.9%lowest value 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 2.0%▲ +0.1 percentage points vs 05-2025 07-2025: 2.4%▲ +0.4 percentage points vs 06-2025 08-2025: 2.4%● unchanged vs 07-2025 09-2025: 3.6%▲ +1.2 percentage points vs 08-2025 10-2025: 3.8%▲ +0.2 percentage points vs 09-2025 11-2025: 3.8%● unchanged vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 3.8%● unchanged vs 12-2025 02-2026: 3.8%● unchanged vs 01-2026 03-2026: 4.0%▲ +0.2 percentage points vs 02-2026 04-2026: 4.8%▲ +0.8 percentage points vs 03-2026 05-2026: 5.2%▲ +0.4 percentage points vs 04-2026 06-2026: 5.3%▲ +0.1 percentage points vs 05-2026 07-2026: 5.4%▲ +0.1 percentage points vs 06-2026 08-2026: 6.0%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 5.4%▼ -0.6 percentage points vs 08-2026 10-2026: 5.1%▼ -0.3 percentage points vs 09-2026
No credit on open account
Liquidity is ample, with a current ratio of 2.53 (2.07 in 2024), above the usual 1.5. Short-term debt is 39.6% of total assets. However, equity is negative.
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 43, micro). It does better than 7% of them on solvency, 61% on liquidity, 18% on profitability and 22% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 2.53
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 24-08-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€4,224
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
24 days late
2024
18 days late
← 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 21 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€4,224 View
  • Caution: Lower solvency than 92% of companies in specialised constructionsector median 46.7% · 34,902 companies -10.3% View

Comparable companies

These companies have the same main activity as MS-WORX: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €40,200 and €48,400, founded in 2024.

CompanyTotal assetsGross margin
MS-WORX Malle€40,866€527
SR Solution Antwerpen€44,806-€8,983
Huysmans Solar Systems Ravels€48,383-€8,826
Close Call Consultancy Puurs-Sint-Amands€47,402-€17,086
A-Ware Tessenderlo-Ham€41,298-€10,719
Seb Services Dilbeek€40,172-€8,044
TGD BUILD Sint-Genesius-Rode€43,005-€1,325
Full comparison

Documents

Annual accounts at the NBB

Articles and registers

Key facts about MS-WORX

What is the company number of MS-WORX?
The company number of MS-WORX is 1006.963.136. The VAT number is the same number with BE in front: BE 1006.963.136.
Where is MS-WORX based?
The registered office is at Klaprooslaan 19, 2390 Malle.Company details
What does MS-WORX do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of MS-WORX?
The legal form of MS-WORX is Private limited company (BV).
When was MS-WORX founded?
MS-WORX was founded on 11-03-2024.
Is MS-WORX still active?
Yes, MS-WORX is an active enterprise in the KBO register.
What is the turnover of MS-WORX?
The turnover in financial year 2025 is ≈ €4,400. This figure is estimated from the gross margin of €527 and 98 comparable companies (NACE 43211). It probably lies between €2,900 and €9,300. It is a rough estimate.Financials
Is MS-WORX profitable?
In financial year 2025, MS-WORX made a loss of €501.
Where can I find the annual accounts of MS-WORX?
MS-WORX filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MS-WORX due?
MS-WORX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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