Financials
- Financial year
- 2025
- Total assets
- €19,497
- Profit
- €408
- Solvency
- 17.5%
MSA Marketing
ActiveSummary
MSA Marketing has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,408 and a net result of €408. Its solvency ranks better than 23% of 8,495 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Advertising agencies
NACE 73110
1 site
Size
€19,497total assets 2025
- Staff
- 0.5 FTE
- Equity
- €3,408
- Profit
- €408
Turnover not published (micro format)
Structure
Accounts 29 days early
Why 66raises riskFounded in 2025Equity €3,408 (17.5% of total assets)lowers riskSector: Advertising, market research and public relations activities (NACE 73)Figures for financial year 2025 (filed 02-07-2026)Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 20% of its sector peers (NACE 73, micro)
Financial strength
Weak
Solvency
42
equity 17.5% of total assets
Liquidity
14
short-term debt 76.0% · cash 4.3%
Profitability
43
return on assets 2.1%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 0.9%
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026highest value
08-2026: 0.8%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 73, micro): better than 25% on solvency, 8% on liquidity and 27% on profitability.
The bankruptcy probability was computed on 17-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 8495 sector peers (2025).
NBB · sector comparisonPosition among 8495 sector peers
Solvency
better than 23%
← weakest
strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
29 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: Victor VERHOEF (director) and…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Advertising agenciesNACE 73110
- Founded
- 25-04-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 9
- Who signs
- Each director alone
- Annual meeting
- Last Friday of June at 14:00
- Purpose
- “Het leveren van werkzaamheden,diensten en adviezen en in het bijzonder de bijstand aan…” (deed in Dutch)
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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark Is the workforce growing, and do people stay?Employer check
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