MSE EVENTS
ActiveSummary
The computed 12-month bankruptcy probability of MSE EVENTS is 4.2% (elevated). The 2024 annual accounts show negative equity (€-94k) and a net result of €-25k. Equity is shrinking by ~76.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 18941 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
14
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-67
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.1 in 2023; short-term debt: 198.3% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-98.3%
Return on assets
-25.9%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-94k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
349 d late
2022
59 d late
2021
122 d late
2020
45 d late
2019
49 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-94k▼ 35.8%
2023 · €-69k
2018: €21k
2019: €18k
2020: €-15k
2021: €-28k
2022: €-78k
2023: €-69k
2018 → 2024
Total assets
€96k▲ 22.8%
2023 · €78k
2018: €74k
2019: €85k
2020: €64k
2021: €60k
2022: €80k
2023: €78k
2018 → 2024
Net result
€-25k
2023 · €9k
2018: €9k
2019: €-3k
2020: €-33k
2021: €-13k
2022: €-51k
2023: €9k
2018 → 2024
Working capital
€-139k▼ 5.2%
2023 · €-132k
2018: €-44k
2019: €-46k
2020: €-72k
2021: €-73k
2022: €-117k
2023: €-132k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-15k-€-28k▼ 87.3%€-78k▼ 185%€-69k▲ 11.4%€-94k▼ 35.8%
Operating result€-29k-€-12k▲ 57.7%€-46k▼ 281%€17k€-20k
Net result€-33k-€-13k▲ 60.5%€-51k▼ 296%€9k€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €20k after €17k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €96k
Fixed assets
€45k ▼ 29.1%
Current assets
€51k ▲ 242%
Key figures and ratios
EBITDA
€1k▼
2023 · €34k
Cash flow
€-3k▼
2023 · €26k
Solvency
-98.3%▼
2023 · -88.9%
Current ratio
0.27▲
2023 · 0.10
Quick ratio
0.23▲
2023 · 0.06
Debt to equity
-2.02▲
2023 · -2.13
ROA
-25.9%▼
2023 · 11.4%
Interest coverage
0.35▼
2023 · 4.48
Debt
€190k▲
2023 · €148k
Debt ≤ 1 year
€190k▲
2023 · €147k
Income taxes
€454▲
2023 · €415
Staff costs
€10k▼
2023 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€78k€96k▲
Formation expenses20€0-
Fixed assets21/28€63k€45k▼
Intangible fixed assets21€215€15▼
Tangible fixed assets22/27€63k€45k▼
Plant, machinery and equipment23€6k€6k▲
Furniture and vehicles24€31k€19k▼
Other tangible fixed assets26€26k€20k▼
Current assets29/58€15k€51k▲
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€6k€43k▲
Trade receivables40-€33k
Other amounts receivable41€6k€10k▲
Cash at bank and in hand54/58€2k€514▼
Deferred charges and accrued income490/1€740€876▲
Equity and liabilities
Total equity and liabilities10/49€78k€96k▲
Equity10/15€-69k€-94k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-84k€-109k▼
Amounts payable17/49€148k€190k▲
Amounts payable within one year42/48€147k€190k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€70k€97k▲
Taxes450/3€59k€88k▲
Remuneration and social security454/9€11k€8k▼
Other amounts payable47/48€76k€91k▲
Accrued charges and deferred income492/3€412-
Income statement
Code20232024
Remuneration, social security and pensions62€48k€10k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€22k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€88k€15k▼
Operating profit (loss)9901€17k€-20k▼
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€8k€4k▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€9k€-24k▼
Income taxes67/77€415€454▲
Profit (loss) for the period9904€9k€-25k▼
Profit (loss) for the period to be appropriated9905€9k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€-109k▼
Profit (loss) brought forward from the previous period14P€-93k€-84k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 349 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Manage · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée de Nivelles 447170 ManageGround area
378 m²
Building footprint
221 m²
Parcel 52043A0568/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MSE EVENTS
since 20182.273.076.719
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52043A0568/00M000 | Wallonia | 378 m² | 1 · 221 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteManage2.273.076.719
Similar companies · same sector, comparable size
VW-EVENTS
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EVENTZ
BE 1013.037.118
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SUNSET BOULEVARD PROD
BE 0865.692.237
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SRL116
BE 0718.708.632
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Of 335 companies in sector 56302 we hold annual accounts for 170. 109 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56302Nightclubs
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:discobar80@hotmail.fr