mse.service
Activemse.service has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.26M and a net result of €107k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 95% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
68
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-9
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 0.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.7%
Return on assets
1%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
129 d late
2022
493 d late
2021
794 d late
2020
4 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close15-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€10.26M▲ 1.1%
2024 · €10.16M
2019: €8.92M
2020: €9.96M
2021: €9.92M
2022: €9.82M
2023: €9.87M
2024: €10.16M
2019 → 2025
Total assets
€10.29M▼ 1.2%
2024 · €10.42M
2019: €9.03M
2020: €10.05M
2021: €10.02M
2022: €9.97M
2023: €10.41M
2024: €10.42M
2019 → 2025
Net result
€107k▼ 63.1%
2024 · €290k
2019: €221k
2020: €1.03M
2021: €-39k
2022: €-17k
2023: €46k
2024: €290k
2019 → 2025
Working capital
€3.85M▲ 15.6%
2024 · €3.33M
2019: €2.31M
2020: €3.35M
2021: €3.13M
2022: €3.04M
2023: €3.03M
2024: €3.33M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9.92M-€9.82M▼ 1.0%€9.87M▲ 0.5%€10.16M▲ 2.9%€10.26M▲ 1.1%
Operating result€-85k-€-41k▲ 52.2%€-7k▲ 82.8%€-51k▼ 632%€-41k▲ 19.4%
Net result€-39k-€-17k▲ 56.9%€46k€290k▲ 531%€107k▼ 63.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41k in 2025 against €51k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.29M
Fixed assets
€6.42M▼ 6.2%
Current assets
€3.87M▲ 8.5%
Equity and liabilities €10.29M
Equity
€10.26M▲ 1.1%
Debt
€30k▼ 88.4%
The debt ratio falls from 2.5% to 0.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€-13k▲
2024 · €-23k
Cash flow
€135k▼
2024 · €318k
Solvency
99.7%▲
2024 · 97.5%
Debt / equity
0.00▼
2024 · 0.03
ROE
1.0%▼
2024 · 2.9%
ROA
1.0%▼
2024 · 2.8%
Interest coverage
-0.27▲
2024 · -0.44
Debt
€30k▼
2024 · €261k
Debt ≤ 1 year
€22k▼
2024 · €238k
Debt > 1 year
€8k▼
2024 · €20k
Income taxes
€16k▲
2024 · €8k
A ratio outside any meaningful range has been withheld (balance sheet total €10.29M, equity €10.26M).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€10.42M€10.29M▼
Fixed assets21/28€6.85M€6.42M▼
Tangible fixed assets22/27€286k€258k▼
Land and buildings22€234k€220k▼
Furniture and vehicles24€52k€39k▼
Financial fixed assets28€6.56M€6.16M▼
Current assets29/58€3.57M€3.87M▲
Amounts receivable after more than one year29€185k€185k=
Other amounts receivable291€185k€185k=
Amounts receivable within one year40/41€27k€300k▲
Trade receivables40€762€10k▲
Other amounts receivable41€26k€290k▲
Current investments50/53€3.16M€2.95M▼
Cash at bank and in hand54/58€194k€433k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€10.42M€10.29M▼
Equity10/15€10.16M€10.26M▲
Contributions10/11€6.58M€6.58M=
Reserves13€3.58M€3.68M▲
Distributable reserves133€3.58M€3.68M▲
Amounts payable17/49€261k€30k▼
Amounts payable after more than one year17€20k€8k▼
Financial debts170/4€20k€8k▼
Amounts payable within one year42/48€238k€22k▼
Current portion of amounts payable after more than one year42€12k€13k▲
Financial debts43€7k-
Credit institutions430/8€7k-
Trade debts44€16k€1k▼
Suppliers440/4€16k€1k▼
Taxes, remuneration and social security45€2k€8k▲
Taxes450/3€2k€8k▲
Other amounts payable47/48€200k-
Accrued charges and deferred income492/3€2k€726▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▼
Other operating charges640/8€6k€3k▼
Gross operating margin9900€-17k€-10k▲
Operating profit (loss)9901€-51k€-41k▲
Financial income75/76B€401k€213k▼
Recurring financial income75€401k€213k▼
Financial charges65/66B€52k€49k▼
Recurring financial charges65€52k€49k▼
Profit (loss) for the period before taxes9903€298k€123k▼
Income taxes67/77€8k€16k▲
Profit (loss) for the period9904€290k€107k▼
Profit (loss) for the period to be appropriated9905€290k€107k▼
Appropriation of the result
Profit (loss) to be appropriated9906€290k€107k▼
Transfer to equity691/2€290k€107k▼
To other reserves6921€290k€107k▼
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
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity times 12current ratio 178.18
Current ratio from 14.99 to 178.18; short-term debt falls from €238k to €22k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 14.99
Current ratio from 6.93 to 14.99; short-term debt falls from €510k to €238k.
31-03
Financial
Equity above €10MEq €10.16M ▲2.9%
2 profitable years in a row build equity to €10.16M.
08-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 129 days late
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 493 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 794 days late
2023
31-03
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
2021
31-03
Financial
Weakest financial yearnet €-39k ▼104%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €1.03M ▲369%
Net result €1.03M, the highest in the series.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Heist-op-den-Berg · 1 establishment unit since 2008
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.
Lostraat 22220 Heist-op-den-BergGround area
1,099 m²
Building footprint
177 m²
Parcel 12014K1103/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
MSE.service
since 20082.170.258.501
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K1103/00A000 | Flanders | 1,099 m² | 1 · 177 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
Legal Entity Identifier
967600WI944IPQZM8537
Similar companies · same sector, comparable size
ELEMENT61
BE 0888.581.168
Brussel · Eq €10.27M
Papiko Holding
BE 0808.699.292
Oud-Turnhout · Eq €10.26M
ATHMOS CAPITAL
BE 0540.976.423
Sint-Martens-Latem · Eq €10.27M
TransUniverse Group
BE 0890.807.319
Gent · Eq €10.25M
2IM
BE 0888.808.129
Oostende · Eq €10.25M
Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 6,695 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2008
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.