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MSA SERVICE

Active
Private limited companyfounded 2023active for 3 yearsBergensesteenweg 24, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 1001.200.049

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of MSA SERVICE is 3.3% (moderate). The 2024 annual accounts show equity of €1,336 and a net result of €336. Its solvency ranks better than 36% of 6,612 sector peers (NACE 49, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 13-10-2023 Normal situation
Registered office
603 active companies are registered at this address 116 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Scheduled passenger transport by road NACE 49310and 4 others
Establishment unit
2.351.236.448 1080 Sint-Jans-Molenbeek, since 13-10-2023
Financial year end
31 December
Peppol
Reachable since 23-01-2026

Board and ownership

Board

Financial position

50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.3%
Annual accounts 2024
Gross margin
€337
Turnover
≈ €1,900
estimated
Profit
€336
Equity
€1,336
Total assets
€5,558
Filed on 26-07-2025, 5 days before the deadlinePDF
Score breakdownraises riskFounded in 2023Figures for financial year 2024 (filed on 26-07-2025)Size: total assets €5,558lowers riskLiquidity: current ratio 1.30, cash €5,468Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 43% of micro companies in land transport (NACE 49)
Financial strength
Average
Solvency 49
equity 24.0% of total assets
Liquidity 59
short-term debt 76.0% · cash 98.4%
Profitability 53
return on assets 6.1%
Bankruptcy probability within 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 11-2024: 3.6% 12-2024: 3.7%▲ +0.1 percentage points vs 11-2024 01-2025: 3.8%▲ +0.1 percentage points vs 12-2024 02-2025: 4.2%▲ +0.4 percentage points vs 01-2025 03-2025: 4.2%● unchanged vs 02-2025 04-2025: 4.6%▲ +0.4 percentage points vs 03-2025 05-2025: 5.0%▲ +0.4 percentage points vs 04-2025highest value 06-2025: 5.0%● unchanged vs 05-2025 07-2025: 4.8%▼ -0.2 percentage points vs 06-2025 08-2025: 1.4%▼ -3.4 percentage points vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025lowest value 10-2025: 1.5%▲ +0.1 percentage points vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.6%▲ +0.1 percentage points vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.3%▲ +0.6 percentage points vs 07-2026 09-2026: 2.5%▲ +0.2 percentage points vs 08-2026 10-2026: 3.3%▲ +0.8 percentage points vs 09-2026
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 49, micro). It does better than 36% of them on solvency, 66% on liquidity and 29% on profitability.

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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
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 · Figures for financial year 2024 (filed on 26-07-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.30, cash €5,468
NBB · annual accounts
raises risk · Size: total assets €5,558
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-07-2025, 5 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 5 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Caution: Board changedlatest change 10-12-2025 · 1 in office 1 joined · 3 left View
  • Caution: Less equity than 83% of companies in land transportsector median €34,000 · 6,621 companies €1,336 View

Comparable companies

These companies have the same main activity as MSA SERVICE: scheduled passenger transport by road (NACE 49310). They are comparable in size and age: total assets between €4,280 and €8,740, founded between 2022 and 2024.

CompanyTotal assetsGross margin
MSA SERVICE Sint-Pieters-Leeuw€5,558€337
KOUNOUZ SERVICES Sint-Genesius-Rode€6,968-€3,110
NEXLA BELGIUM Sint-Pieters-Woluwe€6,619-€3,132
Kron Company Sint-Pieters-Leeuw€4,277-€4,613
K.AJ CONSULTING Opwijk€5,449€1,166
BELA PARK Fleurus€7,108-€1,458
BP JOURNEY Ottignies-Louvain-la-Neuve€8,742-€853
Full comparison

Documents

Annual accounts at the NBB

Articles and registers

Key facts about MSA SERVICE

What is the company number of MSA SERVICE?
The company number of MSA SERVICE is 1001.200.049. The VAT number is the same number with BE in front: BE 1001.200.049.
Where is MSA SERVICE based?
The registered office is at Bergensesteenweg 24, 1600 Sint-Pieters-Leeuw.Company details
What does MSA SERVICE do?
According to the KBO register, the main activity is scheduled passenger transport by road (NACE 49310).
What is the legal form of MSA SERVICE?
The legal form of MSA SERVICE is Private limited company (BV).
When was MSA SERVICE founded?
MSA SERVICE was founded on 13-10-2023.
Is MSA SERVICE still active?
Yes, MSA SERVICE is an active enterprise in the KBO register.
What is the turnover of MSA SERVICE?
The turnover in financial year 2024 is ≈ €1,900. This figure is estimated from the gross margin of €337 and 175 comparable companies (NACE 493). It probably lies between €1,100 and €3,100. It is a rough estimate.Financials
Is MSA SERVICE profitable?
In financial year 2024, MSA SERVICE made a profit of €336.
Where can I find the annual accounts of MSA SERVICE?
MSA SERVICE filed 1 annual account with the National Bank of Belgium, for financial year 2024.Annual accounts 2024 (PDF)

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