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MSFA

Active Private limited companyfounded 2013active for 13 yearsVan Trierstraat 26, 2018 AntwerpKBO/BCE: BE 0526.831.942
MSFA
Financial year 2025
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Annual accounts 2025

micro format, filed on 10-03-2026, 143 days before the deadline
€121,956
▼ 4.4%
€117,248
▲ 5.4%
€103,183
▲ 23.4%
€315,599
▲ 5.9%
74.9%
▼ 1.7 percentage points
3.14
▼ 0.14

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 ≈ €180,000. Estimated: probably between €140,000 and €250,000.

Balance sheet

balance sheet total €586,420 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

74.9%

Higher than 74% of 9,695 companies in 2025.

3.14

Higher than 67% of 9,313 companies in 2025.

17.6%

Higher than 59% of 9,437 companies in 2025.

MSFA Middle half of the sector 80% of the sector Micro accounts in office administrative support (NACE 82)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014
Balance sheet: assets
20/58 586,420556,110579,583493,208492,722432,235375,120334,793254,744254,228196,020174,846
20 -------0----
21/28 123,358127,546137,91197,00644,12360,90313,56913,90219,48535,61548,26861,792
21 -------0----
22/27 3,3587,54617,91132,00644,12360,90313,56913,90219,48535,61548,26861,792
22 -------0----
23 -------0--163813
24 3,3587,54617,91132,00043,31356,9566,4843,6806,12619,12028,47338,209
26 --068103,9477,08410,22113,35816,49619,63322,770
27 -------0----
28 120,000120,000120,00065,000---0----
29/58 463,062428,564441,672396,201448,599371,332361,551320,891235,260218,613147,752113,054
29 -------0----
290 -------0----
291 -------0----
3 -------0----
30/36 -------0----
37 -------0----
40/41 167,697158,698107,55566,924107,860223,582210,999211,783205,730190,00012,1007,456
40 152,691117,04286,41945,98068,97022,9907,86519,96515,730-12,1003,180
41 15,00641,65621,13720,94438,890200,592203,134191,818190,000190,000-4,276
50/53 159,414186,582183,817180,398---0----
54/58 117,03775,505145,051145,936339,225146,411149,476109,10829,53028,613134,411105,598
490/1 18,9147,7785,2482,9431,5131,3391,0770--1,241-
Balance sheet: equity and liabilities
10/49 586,420556,110579,583493,208492,722432,235375,120334,793254,744254,228196,020174,846
10/15 438,957425,489438,607429,744466,971395,764333,299273,601182,572133,560119,68292,052
10/11 1,0001,0001,0001,00050,00050,00050,00050,00050,00050,00050,00050,000
100 ------50,00050,00050,00050,00050,00050,000
101 -------0----
11 -------0----
1100/10 -------0----
12 -------0----
13 437,957424,489437,607428,744416,971345,764283,299223,601132,57283,56069,68242,052
130/1 ---05,0005,000-0----
130 ------5,0005,0005,0005,0005,0005,000
1311 ---05,0005,000------
1312 -------0----
1319 -------0----
132 -------0----
133 437,957424,489437,607428,744411,971340,764278,299218,601127,57278,56064,68237,052
14 00000--0----
15 -------0----
19 -------0----
16 -------0----
160/5 -------0----
160 -------0----
161 -------0----
162 -------0----
163 -------0----
164/5 -------0----
168 -------0----
17/49 147,463130,621140,97563,46325,75136,47141,82161,19272,172120,66876,33882,794
17 ------050,00050,00050,00050,00050,000
170/4 ------050,00050,00050,00050,00050,000
175 -------0----
176 -------0----
178/9 -------0----
42/48 147,463130,621140,97563,46325,75136,47141,82111,19222,17270,66826,33832,794
42 -------0----
43 7,0108,1569,6675,346---0----
430/8 7,0108,1569,6675,346---0----
439 -------0----
44 3,3661,4155,0121,7046523613734583,6192,04348194
440/4 3,3661,4155,0121,7046523613734583,6192,04348194
441 -------0----
46 -------0----
45 26,59721,82735,2683,7637,8534,7781,8531,1086,54330,96121,91928,530
450/3 26,59721,82735,2683,7637,8534,7781,8531,1086,54330,96121,91928,530
454/9 -------0----
47/48 110,49099,22391,02852,65017,24631,33239,5969,62712,00937,6644,3714,069
492/3 -------0----
Income statement
76A -----19,500-0----
9900 121,956127,618152,848115,142136,380144,543147,572132,27698,36043,90963,62098,114
62 -------0----
630 4,18815,80215,21615,43817,73020,3528,4517,90816,13116,02315,83826,366
631/4 -0-11,50411,504---0----
635/8 -------0----
640/8 52056812,1235514895025006616587699891,983
649 -------0----
66A -------0----
9901 117,248111,248137,01387,649118,162123,689138,621123,70781,57227,11846,79369,765
75/76B 31,8106,3506,9536,60600411,156-116-10
75 31,8106,3506,9536,60600411,156-116-10
76B ----0--0----
65/66B 1,2801,0571,1821,2681741371,0392,0342,1422,0151,9431,167
65 1,2801,0571,1821,2681741371,0392,0342,1422,0151,9431,167
66B -------0----
9903 147,777116,541142,78492,987117,988123,552137,587132,82879,43125,21944,85168,608
67/77 44,59432,90942,89225,94333,78133,83740,83741,80030,41811,34117,22026,557
9904 103,18383,63199,89167,04484,20789,71696,75091,02849,01213,87827,63142,052
789 -------0----
689 -------0----
9905 103,18383,63199,89167,04484,20789,71696,75091,02849,01213,87827,63142,052
Appropriation of the result
9906 103,18383,63199,89167,04484,20789,71696,75091,02849,01213,87827,63142,052
791/2 89,71696,75091,02855,27113,00027,25037,0520----
691/2 103,18383,63199,89167,04484,20789,71696,75091,02849,01213,87827,63142,052
691 -------0----
6920 -------0---5,000
6921 103,18383,63199,89167,04484,20789,71696,75091,02849,01213,87827,63137,052
694/7 89,71696,75091,02855,27113,00027,25037,0520----
694 89,71696,75091,02855,27113,00027,25037,0520----
695 -------0----
696 -------0----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 10-03-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 10-03-2026 2026-00051257 PDF
31-12-2024 micro format 16-05-2025 2025-00096970 PDF
31-12-2023 micro format 04-03-2024 2024-00041216 PDF
31-12-2022 micro format 15-06-2023 2023-00134056 PDF
31-12-2021 micro format 28-07-2022 2022-20264504 PDF
31-12-2020 micro format 05-08-2021 2021-46500478 PDF
31-12-2019 micro format 30-07-2020 2020-36400380 PDF
31-12-2018 micro format 08-07-2019 2019-32300053 PDF
31-12-2017 micro format 03-07-2018 2018-28500314 PDF
31-12-2016 micro format 20-07-2017 2017-34400163 PDF
31-12-2015 abbreviated format 01-07-2016 2016-25900122 PDF
31-12-2014 abbreviated format 30-06-2015 2015-25400515 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014
121,436127,050152,229103,087135,892144,041147,072131,61597,70343,14162,63196,131
107,37199,433115,10782,482101,937110,068105,20198,93665,14329,90143,46868,418
05,43856,12068,32195067,6878,1182,32503,3712,31488,158
41,532-69,545-886-193,289192,814-3,06440,36779,579917-105,79828,813-
315,599297,943300,697332,738422,848334,861319,730309,699213,088147,945121,41480,260
74.9%76.5%75.7%87.1%94.8%91.6%88.9%81.7%71.7%52.5%61.1%52.6%
3.143.283.136.2417.4210.188.6528.6710.613.095.613.45
0.340.310.320.150.060.090.130.220.400.900.640.90
23.5%19.7%22.8%15.6%18.0%22.7%29.0%33.3%26.8%10.4%23.1%45.7%
17.6%15.0%17.2%13.6%17.1%20.8%25.8%27.2%19.2%5.5%14.1%24.1%
94.85over 100over 10081.30over 100-------

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€5,438€1,120€3,321€950
Financial fixed assets€0-€55,000€65,000-
€4,188€15,802€15,216€15,438€17,730

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MSFA

The operating result for 2025 is 5% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 23.5% to 25.1%. Equity and debt are higher.

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