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MSDP

Active Private limited companyfounded 2016active for 10 yearsRue Antoine Glume 11, 1367 RamilliesKBO/BCE: BE 0650.665.409 #10 company by total assets in Ramillies, Wholesale and retail trade sector
MSDP
Financial year 2026
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Annual accounts 2026

micro format, filed on 30-09-2026, 31 days before the deadline
€129,291
▲ 38.9%
€124,717
▲ 41.1%
€81,390
▲ 43.5%
€51,599
▼ 67.1%
23.3%
▼ 7.2 percentage points
1.52
▼ 1.10

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €490,000. Estimated: probably between €230,000 and €1.2m.

In the rankings #10 company by total assets in Ramillies, Wholesale and retail trade sector

Balance sheet

balance sheet total €429,402 on 31-03-2026
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

23.3%

Higher than 42% of 15,428 companies in 2025.

1.52

Higher than 66% of 14,692 companies in 2025.

19.0%

Higher than 71% of 14,921 companies in 2025.

MSDP Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202620252024202320222021202018 months2018201718 months
Balance sheet: assets
20/58 429,402535,998560,974531,729535,992518,279280,906121,193185,195
21/28 278,118282,202283,864267,133269,441268,20017,8386,675133,024
22/27 268,118272,202273,864257,133259,441258,2007,8386,6755,524
22 250,000250,000250,000250,000250,000250,000---
24 1,7463,1081,7342,7664,1048604,4551,8425,524
26 16,37119,09322,1304,3675,3366,3063,3834,833-
27 ----01,033---
28 10,00010,00010,00010,00010,00010,00010,000-127,500
29/58 151,284253,797277,110264,596266,551250,079263,068114,51852,171
40/41 115,022248,067250,218237,152235,000242,776239,45246,63310,333
40 115,022239,742250,218237,152235,000242,776236,53544,9552,146
41 08,325---02,9171,6788,187
54/58 35,8375,61925,62426,28631,0706,08213,70165,05240,988
490/1 4251101,2681,1584821,2219,9152,832851
Balance sheet: equity and liabilities
10/49 429,402535,998560,974531,729535,992518,279280,906121,193185,195
10/15 99,990163,342106,62118,8782,86028,32219,356-29,32017,386
10/11 18,60018,60018,60018,60018,60018,600018,60018,600
100 ------018,60018,600
11 ------18,600--
1100/10 ------18,600--
14 81,390144,74288,021278-15,7409,722756-47,920-1,215
17/49 329,412372,656454,353512,851533,132489,957261,550150,513167,809
17 228,589274,568346,505376,196447,132416,629202,454112,520129,593
170/4 114,110169,346228,662302,456374,134343,767202,454112,520129,593
178/9 114,479105,222117,84473,74172,99872,862---
42/48 99,68596,911106,633135,41484,72872,18458,95437,00337,114
42 58,02662,06287,20384,92870,65749,65935,02721,23620,407
44 3,07230,1322,9251,7151,1104,37111,6392,4007,676
440/4 3,07230,1322,9251,7151,1104,37111,6392,4007,676
45 37,9744,71615,89320,77112,96218,15412,28813,3679,031
450/3 37,9744,71615,89318,60212,96214,00612,28810,0165,684
454/9 --02,16904,14803,3513,346
47/48 613061328,000-----
492/3 1,1381,1771,2141,2411,2711,1441419901,103
Income statement
76A -04,58203,1603,977---
9900 129,29193,104136,04079,532-8,13676,02031,60415,50917,737
630 4,0843,9113,9342,3082,00040,7916,7644,8906,759
640/8 4905281,0222,2442,4247,4464,8442,4396,818
66A 0253-0183476---
9901 124,71788,412131,08474,980-12,74327,30619,9978,1804,160
75/76B 00---03,153368344
75 00---03,153368344
65/66B 8,02210,29711,63611,61211,84112,47813,50851,8022,744
65 8,02210,29711,63611,61211,84112,47813,5086,1392,744
66B -------45,662-
9903 116,69578,115119,44963,368-24,58414,8289,642-43,2541,761
67/77 35,30521,39431,70519,3508785,8626,6283,4522,975
9904 81,39056,72187,74444,018-25,4628,9663,014-46,706-1,215
9905 81,39056,72187,74444,018-25,4628,9663,014-46,706-1,215
Appropriation of the result
9906 226,132144,74288,02128,278-15,7409,722756-47,920-1,215
14P 144,74288,021278-15,7409,722----
694/7 144,742-028,000-----
694 144,742-028,000-----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 30-09-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2026 micro format 30-09-2026 2026-00541595 PDF
31-03-2025 micro format 08-10-2025 2025-00535413 PDF
31-03-2024 micro format 31-10-2024 2024-00526194 PDF
31-03-2023 micro format 23-10-2023 2023-00491605 PDF
31-03-2022 micro format 31-10-2022 2022-20478244 PDF
31-03-2021 micro format 03-11-2021 2021-76800267 PDF
31-03-2020 micro format 31-10-2020 2020-67700026 PDF
30-09-2018 micro format 03-04-2019 2019-09400393 PDF
30-09-2017 micro format 29-03-2018 2018-08700010 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202620252024202320222021202018 months2018201718 months
128,80192,323135,01877,288-10,74368,09726,76113,07010,920
85,47460,63291,67846,326-23,46249,7569,777-41,8165,545
02,50120,66504,457294,0097,9266,041138,546
30,218-20,005-661-4,78424,988-7,620-51,35124,065-
51,599156,886170,477129,182181,823177,895204,11477,51515,058
23.3%30.5%19.0%3.6%0.5%5.5%6.9%-24.2%9.4%
1.522.622.601.953.153.464.463.091.41
3.292.284.2627.17-17.3013.51-9.65
81.4%34.7%82.3%233.2%-890.3%31.7%15.6%--7.0%
19.0%10.6%15.6%8.3%-4.8%1.7%1.1%-38.5%-0.7%
16.068.9711.606.66-0.91----

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Mortgages, amount registered€50,000€50,000€50,000€50,000€50,000
€150,000€150,000€150,000€150,000€150,000
Carrying value of the mortgaged assets€250,000€250,000€250,000€250,000€250,000

Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets-€2,501€20,665-€4,457
€4,084€3,911€3,934€2,308€2,000

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on MSDP

The operating result for 2026 is 41% higher than in 2025. It is a recovery after the fall in 2025.

Debt's share of the balance-sheet total rises from 69.5% to 76.7%. Equity and debt are lower.

Next steps

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