MSG LOGISTICS
Annual accounts 2025
micro format, filed on 23-07-2026, 8 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €660,000. Estimated: probably between €560,000 and €820,000.
Balance sheet
balance sheet total €232,111 on 31-12-2025Position in the sector
42.8%
Higher than 55% of 5,946 companies in 2025.
1.55
Higher than 58% of 5,700 companies in 2025.
33.7%
Higher than 91% of 5,763 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff
€50,198
Staff costs divided by the average number of full-time equivalents.
+3 people
In 2025, 5 people joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
232,111 | |
21/28 |
26,868 | |
22/27 |
2,868 | |
23 |
2,868 | |
28 |
24,000 | |
29/58 |
205,243 | |
40/41 |
163,963 | |
40 |
139,663 | |
41 |
24,300 | |
50/53 |
40,620 | |
490/1 |
660 | |
| Balance sheet: equity and liabilities | ||
10/49 |
232,111 | |
10/15 |
99,332 | |
10/11 |
21,000 | |
14 |
78,332 | |
17/49 |
132,779 | |
42/48 |
132,779 | |
44 |
86,025 | |
440/4 |
86,025 | |
45 |
46,754 | |
450/3 |
27,793 | |
454/9 |
18,961 | |
| Income statement | ||
9900 |
290,830 | |
62 |
130,514 | |
630 |
22 | |
640/8 |
62,786 | |
9901 |
97,508 | |
75/76B |
659 | |
75 |
659 | |
65/66B |
252 | |
65 |
252 | |
9903 |
97,915 | |
67/77 |
19,583 | |
9904 |
78,332 | |
9905 |
78,332 | |
| Appropriation of the result | ||
9906 |
78,332 | |
| Social balance sheet | ||
9087 |
2.6 | |
Hours worked1013 |
3,179 | |
| Document | ||
The notes to these accounts have 7 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 23-07-2026.
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 | 23-07-2026 | 2026-00324877 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 97,530 | ||
| 78,354 | ||
| 26,890 | ||
| 72,464 | ||
| 42.8% | ||
| 1.55 | ||
| 1.34 | ||
| 78.9% | ||
| 33.7% | ||
| over 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.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 3 |
| in full-time equivalents | 3 |
| 2.6 | |
| On a permanent contract | 3 |
| Joined | 5 |
| Left | 2 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €2,890 |
| Financial fixed assets | €24,000 |
| €22 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on MSG LOGISTICS
Debt's share of the balance-sheet total is 57.2%.