MSCS

Active

Private limited company (pre-2019)founded 200620 yrs activeMarcqstraat 10, 1000 Brussel, BelgiumKBO/BCE: BE 0881.400.990

Summary

The computed 12-month bankruptcy probability of MSCS is 13.1% (high). The 2020 annual accounts show negative equity (-€213,006) and a net result of -€9,657. Equity is shrinking by ~4.4% per year across the filed fiscal years. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

MSCSActive

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€16,736total assets 2020

Equity: -€213,006
Loss: -€9,657

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 13.1%

2020 figures too old to score

Structure

Accounts 1525 d overdue0 of 4 deeds read

Signals- Figures for FY 2020 (filed 29-10-2021)- 3 financial years not filed after the legal deadline; latest accounts 86 days late; 3 of the last 3 late+ Size: total assets €16,736+ Founded in 2006No filing for yearsFiled after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2020 are too old to assess current financial health.

Bankruptcy probability: High

Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.

Bankruptcy probability, 12 months

13.1% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 13.4%highest value 12-2024: 13.4%● 0.0% vs 11-2024highest value 01-2025: 13.4%● 0.0% vs 12-2024highest value 02-2025: 13.4%● 0.0% vs 01-2025highest value 03-2025: 13.4%● 0.0% vs 02-2025highest value 04-2025: 13.4%● 0.0% vs 03-2025highest value 05-2025: 13.4%● 0.0% vs 04-2025highest value 06-2025: 13.4%● 0.0% vs 05-2025highest value 07-2025: 13.4%● 0.0% vs 06-2025highest value 08-2025: 13.4%● 0.0% vs 07-2025highest value 09-2025: 13.4%● 0.0% vs 08-2025highest value 10-2025: 13.4%● 0.0% vs 09-2025highest value 11-2025: 13.4%● 0.0% vs 10-2025highest value 12-2025: 13.4%● 0.0% vs 11-2025highest value 01-2026: 13.4%● 0.0% vs 12-2025highest value 02-2026: 13.4%● 0.0% vs 01-2026highest value 03-2026: 13.4%● 0.0% vs 02-2026highest value 04-2026: 13.4%● 0.0% vs 03-2026highest value 05-2026: 13.4%● 0.0% vs 04-2026highest value 06-2026: 13.4%● 0.0% vs 05-2026highest value 07-2026: 13.1%▼ -2.0% vs 06-2026lowest value 08-2026: 13.1%● 0.0% vs 07-2026lowest value 09-2026: 13.1%● 0.0% vs 08-2026lowest value 10-2026: 13.1%● 0.0% vs 09-2026lowest value

Figures for FY 2020 (filed 29-10-2021) raises the probability
3 financial years not filed after the legal deadline; latest accounts 86 days late; 3 of the last 3 late raises the probability
Size: total assets €16,736 lowers the probability for this profile
Founded in 2006 lowers the probability for this profile

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2020 (filed 29-10-2021)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

3 financial years not filed after the legal deadline; latest accounts 86 days late; 3 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Size: total assets €16,736

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Founded in 2006

In the bankruptcy model this factor lowers the probability for this profile.

KBO

No filing for years

The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

31-12-2021 close31-07-2022 deadline03-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-10-2021, 86 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

86 d late

2019

62 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 2 accounts on average 74 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage