MS13
ActiveSummary
MS13 has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €11k. Its solvency ranks better than 73% of 2003 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes
Profitability100
Solvency99
Growth-
Track record67
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.03; short-term debt: 25.7% and cash: 43.6% of total assets), and 25.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.3%
Return on assets
58%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 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 · 1 filingDeviation from the deadline
2025
52 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€14k
Total assets
€18k
Net result
€11k
Working capital
€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €18k
Fixed assets
€4k
Current assets
€14k
Equity and liabilities €18k
Equity
€14k
Debt
€5k
Debt finances 25.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€15k
Cash flow
€11k
Current ratio
3.03
Debt to equity
0.35
ROE
78.2%
ROA
58.0%
Interest coverage
26.77
Debt ≤ 1 year
€5k
Income taxes
€4k
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet
Code2025
Assets
Total assets20/58€18k
Fixed assets21/28€4k
Tangible fixed assets22/27€4k
Furniture and vehicles24€4k
Current assets29/58€14k
Amounts receivable within one year40/41€6k
Trade receivables40€6k
Other amounts receivable41€647
Cash at bank and in hand54/58€8k
Deferred charges and accrued income490/1€18
Equity and liabilities
Total equity and liabilities10/49€18k
Equity10/15€14k
Contributions10/11€3k
Reserves13€11k
Distributable reserves133€11k
Amounts payable17/49€5k
Amounts payable within one year42/48€5k
Trade debts44€257
Suppliers440/4€257
Taxes, remuneration and social security45€4k
Taxes450/3€4k
Other amounts payable47/48€231
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56
Gross operating margin9900€15k
Operating profit (loss)9901€15k
Financial income75/76B€751
Recurring financial income75€706
Non-recurring financial income76B€45
Financial charges65/66B€555
Recurring financial charges65€555
Profit (loss) for the period before taxes9903€15k
Income taxes67/77€4k
Profit (loss) for the period9904€11k
Profit (loss) for the period to be appropriated9905€11k
Appropriation of the result
Profit (loss) to be appropriated9906€11k
Transfer to equity691/2€11k
To other reserves6921€11k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56 |
| Gross operating margin9900 | €15k |
| Operating profit (loss)9901 | €15k |
| Financial income75/76B | €751 |
| Recurring financial income75 | €706 |
| Non-recurring financial income76B | €45 |
| Financial charges65/66B | €555 |
| Recurring financial charges65 | €555 |
| Profit (loss) for the period before taxes9903 | €15k |
| Income taxes67/77 | €4k |
| Profit (loss) for the period9904 | €11k |
| Profit (loss) for the period to be appropriated9905 | €11k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €18k | |
| Fixed assets21/28 | €4k | |
| Tangible fixed assets22/27 | €4k | |
| Furniture and vehicles24 | €4k | |
| Current assets29/58 | €14k | |
| Amounts receivable within one year40/41 | €6k | |
| Trade receivables40 | €6k | |
| Other amounts receivable41 | €647 | |
| Cash at bank and in hand54/58 | €8k | |
| Deferred charges and accrued income490/1 | €18 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €18k | |
| Equity10/15 | €14k | |
| Contributions10/11 | €3k | |
| Reserves13 | €11k | |
| Distributable reserves133 | €11k | |
| Amounts payable17/49 | €5k | |
| Amounts payable within one year42/48 | €5k | |
| Trade debts44 | €257 | |
| Suppliers440/4 | €257 | |
| Taxes, remuneration and social security45 | €4k | |
| Taxes450/3 | €4k | |
| Other amounts payable47/48 | €231 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €11k |
| + Depreciation and write-downs630 | €56 |
| Operating cash flow (approximation) | €11k |
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
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 52 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Vorst · 1 establishment unit since 2024
Ground area
195 m²
Building footprint
136 m²
Volume, LiDAR
2,547 m³
Parcel 21383B0036/00F006, Brussels · tallest building 21.2 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
MS13
since 20242.365.223.254
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0036/00F006 | Brussels | 195 m² | 1 · 136 m² | 21.2 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ASMODEE EDERN
BE 0474.344.549
Ukkel · Eq €13,640
Pigmento
BE 0788.693.538
Antwerpen · Eq €13,993
ATELIER DE GRAVURE
BE 0846.280.359
Walcourt · Eq €14,245
SINGULA
BE 0752.888.165
Vorst · Eq €13,133
EMMANUELLE QUERTAIN SNC
BE 0745.511.019
Schaarbeek · Eq €14,452
Of 6,653 companies in sector 90111 we hold annual accounts for 385. 274 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
Founded02-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
90111Literary creation
70200Business and other management consultancy
90120Visual arts creation
Scores and ratios are computed by Checked and are not a credit decision.