MSG PRO
Annual accounts 2024
micro format, filed on 01-07-2025, 30 days before the deadline2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 11 November 2026.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €42,971 on 31-12-2024in euro
in euro
Position in the sector
13.1%
Higher than 16% of 35,957 companies in 2024.
1.15
Higher than 27% of 35,355 companies in 2024.
-38.4%
Lower than 95% of 35,539 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
42,971 | 56,648 | 60,368 | |
21/28 |
- | 1,674 | 3,348 | |
22/27 |
- | 1,674 | 3,348 | |
23 |
- | - | 3,348 | |
24 |
- | 1,674 | - | |
29/58 |
42,971 | 54,974 | 57,020 | |
3 |
40,300 | 25,300 | 25,300 | |
30/36 |
40,300 | 25,300 | 25,300 | |
40/41 |
2,669 | 29,128 | 24,736 | |
40 |
2,633 | 21,661 | 23,348 | |
41 |
36 | 7,467 | 1,389 | |
54/58 |
2 | 546 | 6,983 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
42,971 | 56,648 | 60,368 | |
10/15 |
5,626 | 22,117 | 21,758 | |
10/11 |
2,500 | 2,500 | 2,500 | |
10 |
2,500 | 2,500 | 2,500 | |
100 |
2,500 | 2,500 | 2,500 | |
14 |
3,126 | 19,617 | 19,258 | |
17/49 |
37,344 | 34,532 | 38,610 | |
42/48 |
37,344 | 34,532 | 38,610 | |
44 |
- | 20,282 | 37,310 | |
440/4 |
- | 20,282 | 37,310 | |
47/48 |
37,344 | 14,250 | 1,300 | |
| Income statement | ||||
9900 |
-6,769 | 2,839 | 27,186 | |
62 |
- | - | 3,097 | |
630 |
1,674 | 1,674 | 1,674 | |
640/8 |
2,458 | 509 | 2,899 | |
9901 |
-10,901 | 656 | 19,516 | |
65/66B |
355 | 298 | 258 | |
65 |
355 | 298 | 258 | |
9903 |
-11,257 | 359 | 19,258 | |
67/77 |
5,234 | - | - | |
9904 |
-16,490 | 359 | 19,258 | |
9905 |
-16,490 | 359 | 19,258 | |
| Appropriation of the result | ||||
9906 |
3,126 | 19,617 | 19,258 | |
14P |
19,617 | 19,258 | - | |
| Document | ||||
The notes to these accounts have 3 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 2024 (PDF), filed on 01-07-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| -9,227 | 2,331 | 21,190 | ||
| -14,816 | 2,033 | 20,932 | ||
| 0 | 0 | - | ||
| -544 | -6,437 | - | ||
| 5,626 | 20,442 | 18,410 | ||
| 13.1% | 39.0% | 36.0% | ||
| 1.15 | 1.59 | 1.48 | ||
| 0.07 | 0.86 | 0.82 | ||
| 6.64 | 1.56 | 1.77 | ||
| -293.1% | 1.6% | 88.5% | ||
| -38.4% | 0.6% | 31.9% | ||
| -25.97 | 7.82 | 82.10 |
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.
Insights on MSG PRO
The operating result for 2024 is a loss of €10,901, after a profit of €656 in 2023. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 61.0% to 86.9%. Equity is lower and debt is higher.