MSC (0810.667.602): financials and annual accounts

MSC

Antwerp ·KBO/BCE: BE 0810.667.602

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
`20/58`	336,015	401,295	361,870	332,671	313,386	333,500	277,872	247,493	216,445	191,132	198,645	181,338	175,099	169,687	166,557	168,093	185,903
`21/28`	113,131	119,293	116,661	111,853	259,629	81,474	82,618	44,405	60,835	74,090	84,714	100,956	78,758	89,683	103,466	122,240	143,492
`21`	-	-	-	-	-	-	-	2,000	14,000	26,000	38,000	50,000	62,000	74,000	86,000	98,000	110,000
`22/27`	32,121	38,283	35,651	30,843	28,619	463	1,607	3,371	7,802	9,057	7,681	12,456	16,758	15,683	17,466	24,240	33,492
`22`	-	-	-	-	-	-	-	-	-	-	7,421	11,311	15,507	12,475	12,987	16,250	19,987
`23`	-	-	-	-	-	-	-	620	1,240	-	-	-	-	-	-	-	-
`24`	17,324	20,422	23,459	30,843	28,619	391	782	1,173	4,231	5,333	260	1,145	1,251	3,207	4,479	7,991	13,506
`26`	14,797	17,861	12,192	-	-	72	825	1,578	2,331	3,723	-	-	-	-	-	-	-
`28`	81,010	81,010	81,010	81,010	231,010	81,010	81,010	39,033	39,033	39,033	39,033	38,500	-	-	-	-	-
`29/58`	222,884	282,002	245,209	220,818	53,757	252,026	195,254	203,089	155,609	117,042	113,931	80,383	96,341	80,004	63,091	45,853	42,411
`40/41`	211,686	253,435	94,034	90,458	17,001	203,029	126,494	151,547	72,984	31,573	24,205	32,359	41,944	60,336	51,881	18,722	23,497
`40`	201,250	250,029	90,000	87,500	16,904	199,770	122,725	149,940	72,845	28,039	24,205	29,689	41,609	60,219	50,005	18,722	22,265
`41`	10,436	3,406	4,034	2,958	97	3,259	3,770	1,607	139	3,534	-	2,670	335	117	1,876	-	1,232
`54/58`	11,198	28,567	150,815	130,360	36,398	48,640	68,760	51,541	82,271	85,469	89,726	48,024	44,068	19,308	10,275	26,931	18,914
`490/1`	-	-	360	-	357	357	-	-	354	-	-	-	10,329	360	935	200	-
Balance sheet: equity and liabilities
`10/49`	336,015	401,295	361,870	332,671	313,386	333,500	277,872	247,493	216,445	191,132	198,645	181,338	175,099	169,687	166,557	168,093	185,903
`10/15`	301,531	329,633	326,420	292,073	240,953	299,716	240,210	205,211	210,568	186,946	168,830	136,590	105,716	78,135	51,642	37,387	24,924
`10/11`	18,600	18,600	18,600	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550
`100`	-	-	-	-	-	-	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550
`13`	311,033	311,033	307,820	273,523	222,403	281,166	221,660	192,018	192,018	168,396	150,280	118,040	87,166	59,585	33,092	18,837	6,374
`130/1`	-	-	-	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855	1,855
`1311`	-	-	-	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-	-
`133`	311,033	311,033	307,820	271,668	220,548	279,311	219,805	190,163	190,163	166,541	148,425	116,185	85,311	57,730	31,237	16,982	4,519
`14`	-28,103	-	-	-	-	-	-	-5,357	-	-	-	-	-	-	-	-	-
`17/49`	34,484	71,661	35,450	40,598	72,432	33,784	37,662	42,282	5,876	4,186	29,815	44,749	69,383	91,552	114,915	130,706	160,979
`17`	-	-	849	5,912	10,927	7,921	21,338	-	-	-	-	8,887	23,584	39,872	59,993	81,490	101,989
`170/4`	-	-	849	5,912	10,927	7,921	21,338	-	-	-	-	8,887	23,584	39,872	59,993	81,490	101,989
`42/48`	34,085	34,161	32,220	34,687	61,315	25,863	16,264	4,182	4,464	3,031	29,815	35,862	45,799	51,379	54,922	49,216	58,991
`42`	-	849	5,063	5,015	12,889	13,417	13,215	-	-	-	8,887	14,696	16,289	20,121	21,497	20,498	19,536
`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	833	833	-
`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	833	833	-
`44`	3,003	2,595	2,405	911	2,046	484	1,298	4,182	1,176	834	4,043	3,109	9,655	4,840	3,890	5,837	14,133
`440/4`	3,003	2,595	2,405	911	2,046	484	1,298	4,182	1,176	834	4,043	3,109	9,655	4,840	3,890	5,837	14,133
`45`	714	330	947	3,872	16,535	11,961	1,750	-	2,500	-	6,472	18,056	13,143	6,286	2,071	3,756	7,966
`450/3`	714	330	947	3,872	16,535	8,143	1,750	-	2,500	-	6,472	18,056	13,143	6,286	242	1,932	3,058
`454/9`	-	-	-	-	-	3,818	-	-	-	-	-	-	-	-	1,829	1,824	4,909
`47/48`	30,368	30,387	23,804	24,888	29,846	-	-	-	787	2,196	10,414	-	6,712	20,133	26,630	18,292	17,355
`492/3`	400	37,500	2,381	-	190	-	60	38,100	1,413	1,156	-	-	-	300	-	-	-
Income statement
`9900`	-16,248	30,737	57,519	63,445	80,205	70,599	56,191	23,061	56,627	54,487	61,107	56,714	63,247	64,962	52,502	51,338	34,971
`630`	13,451	11,185	9,406	7,079	5,518	1,144	3,764	16,431	17,070	18,624	16,775	17,081	18,454	17,701	22,521	23,355	19,192
`640/8`	1,582	5,090	901	2,050	1,748	1,605	1,580	1,195	863	1,542	1,326	1,274	968	1,377	587	647	575
`9901`	-31,281	14,462	47,212	54,316	72,939	67,850	50,847	5,435	38,694	34,321	43,007	38,359	43,825	45,884	29,395	27,337	15,204
`75/76B`	-	213	-	9,237	6,019	112	-	1	4	117	40,298	10,021	18	172	11	7	34
`75`	-	213	-	9,237	6,019	112	-	1	4	117	40,298	10,021	18	172	11	7	34
`65/66B`	98	476	268	649	794	570	2,307	457	484	670	1,069	1,850	3,356	5,634	6,309	6,926	3,460
`65`	98	476	268	649	794	570	2,307	457	484	670	1,069	1,850	3,356	5,634	6,309	6,926	3,460
`9903`	-31,380	14,199	46,944	62,904	78,163	67,393	48,540	4,979	38,214	33,768	82,235	46,529	40,486	40,422	23,097	20,417	11,778
`67/77`	-3,277	10,985	12,647	11,785	16,433	7,886	13,541	10,337	14,591	15,653	17,995	15,656	12,906	11,529	6,442	5,554	3,004
`9904`	-28,103	3,213	34,297	51,119	61,730	59,506	34,999	-5,357	23,623	18,115	64,241	30,874	27,581	28,893	16,655	14,863	8,774
`9905`	-28,103	3,213	34,297	51,119	61,730	59,506	34,999	-5,357	23,623	18,115	64,241	30,874	27,581	28,893	16,655	14,863	8,774
Appropriation of the result
`9906`	-28,103	3,213	34,297	51,119	61,730	59,506	29,642	-5,357	23,623	18,115	64,241	30,874	27,581	28,893	16,655	14,863	8,774
`691/2`	-	3,213	34,297	51,119	61,730	59,506	29,642	-	23,623	18,115	64,241	30,874	27,581	26,493	14,255	12,463	6,374
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	27,581	26,493	14,255	12,463	1,855
`6921`	-	3,213	34,297	51,119	61,730	59,506	29,642	-	23,623	18,115	64,241	30,874	-	-	-	-	4,519
`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	-	2,400	2,400	2,400	2,400
`694`	-	-	-	-	-	-	-	-	-	-	-	-	-	2,400	2,400	2,400	2,400
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	11-09-2026	2026-00511168	PDF
31-12-2024	micro format	14-07-2025	2025-00266283	PDF
31-12-2023	micro format	19-06-2024	2024-00141909	PDF
31-12-2022	micro format	26-06-2023	2023-00157463	PDF
31-12-2021	micro format	28-06-2022	2022-20100923	PDF
31-12-2020	micro format	20-07-2021	2021-37700098	PDF
31-12-2019	micro format	10-07-2020	2020-28500492	PDF
31-12-2018	micro format	01-07-2019	2019-26100570	PDF
31-12-2017	micro format	25-06-2018	2018-23200128	PDF
31-12-2016	micro format	14-07-2017	2017-32000528	PDF
31-12-2015	abbreviated format	14-07-2016	2016-31700269	PDF
31-12-2014	abbreviated format	03-07-2015	2015-26900371	PDF
31-12-2013	abbreviated format	27-05-2014	2014-13900562	PDF
31-12-2012	abbreviated format	27-05-2013	2013-13300092	PDF
31-12-2011	abbreviated format	16-05-2012	2012-11900181	PDF
31-12-2010	abbreviated format	26-05-2011	2011-12500333	PDF
31-12-2009	abbreviated format	20-05-2010	2010-12400137	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
-17,831	25,647	56,619	61,395	78,457	68,994	54,611	21,866	55,764	52,945	59,782	55,440	62,279	63,585	51,915	50,691	34,396
-14,652	14,398	43,704	58,198	67,248	60,650	38,763	11,073	40,693	36,739	81,016	47,955	46,035	46,594	39,176	38,218	27,966
7,289	16,353	14,214	9,302	183,673	0	41,977	0	3,815	8,000	533	39,280	7,529	4,890	3,746	2,103	162,684
-17,369	-122,248	20,455	93,962	-12,241	-20,120	17,219	-30,730	-3,198	-4,257	41,703	3,956	24,760	9,033	-16,655	8,017	-
188,799	247,840	212,989	186,132	-7,558	226,163	178,991	198,907	151,146	114,011	84,116	44,521	50,542	28,625	8,169	-3,363	-16,579
89.7%	82.1%	90.2%	87.8%	76.9%	89.9%	86.4%	82.9%	97.3%	97.8%	85.0%	75.3%	60.4%	46.0%	31.0%	22.2%	13.4%
6.54	8.25	7.61	6.37	0.88	9.74	12.01	48.56	34.86	38.62	3.82	2.24	2.10	1.56	1.15	0.93	0.72
0.11	0.22	0.11	0.14	0.30	0.11	0.16	0.21	0.03	0.02	0.18	0.33	0.66	1.17	2.23	3.50	6.46
-9.3%	1.0%	10.5%	17.5%	25.6%	19.9%	14.6%	-2.6%	11.2%	9.7%	38.1%	22.6%	26.1%	37.0%	32.3%	39.8%	35.2%
-8.4%	0.8%	9.5%	15.4%	19.7%	17.8%	12.6%	-2.2%	10.9%	9.5%	32.3%	17.0%	15.8%	17.0%	10.0%	8.8%	4.7%
-181.41	53.88	over 100	94.54	98.75	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€7,289	€16,353	€14,214	€9,302	€33,673
Financial fixed assets	-	-	-	-	€150,000
	€13,451	€11,185	€9,406	€7,079	€5,518

MSC

Annual accounts 2025

Balance sheet

in euro

in euro

Position in the sector

89.7%

6.54

-8.4%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on MSC

Next steps

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency89.7%

Current ratio6.54

Return on assets-8.4%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on MSC

Next steps

in euro

in euro

89.7%

6.54

-8.4%