Financials
- Fiscal year
- 2025
- Total assets
- €870,551
- Profit
- €160,409
- Solvency
- 39.4%
Total assets▲ 27.9%
Net result
20192025
MSH Consult
ActiveSummary
MSH Consult has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €342,711 and a net result of €160,409. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 31% of 18230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
General medical practice
NACE 86210
#6 oldest company in Merchtem, Health and social work sector1 site
Size
€870,551total assets 2025
- Equity
- €342,711
- Profit
- €160,409
Turnover not published (abridged schema)
Structure
Accounts 30 d early0 of 4 deeds read
Why 91+ Sector Human health activities (NACE 86)+ Size: total assets €870,551+ Figures for FY 2025 (filed 31-03-2026)+ Liquidity: current ratio 1.87, cash €494,019Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Better than 30% of its sector peers (NACE 86, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
64-33
equity 39.4% of total assets
Liquidity
75-22
short-term debt 50.7% · cash 56.7%
Profitability
71-7
return on assets 18.4%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 3 months
08-2026: < 0.1%highest value
09-2026: < 0.1%● 0.0% vs 08-2026highest value
10-2026: < 0.1%● 0.0% vs 09-2026highest value
- Sector Human health activities (NACE 86) lowers the probability
- Size: total assets €870,551 lowers the probability for this profile
- Figures for FY 2025 (filed 31-03-2026) lowers the probability
- Liquidity: current ratio 1.87, cash €494,019 lowers the probability
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 6.57 in 2024; short-term debt: 50.7% and cash: 56.7% of total assets), but 60.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 86, micro). Better than this share of them on solvency 32%, liquidity 56%, profitability 15%, growth against the median 17%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
44 d early
2023
34 d early
2022
3 d early
2021
25 d late
2020
1 d early
2019
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 31 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2019net €160,409 ▲27.6%
- Annual accounts filedfiscal year 2024 · micro…
Key points
- Positive: Oldest company in Merchtem, Health and social work…in the Checked rankings #6 View
- Positive: 7 profitable years in a rowprofit 2025: €160,409 7 years View
- Caution: Equity fell in 2025from €491,867 to €342,711 ▼ 30.3% View
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 30-04-2027
- 31-03-2026Annual accounts filed
- 30-09-2025Highest result since 2019
- 17-03-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General medical practiceNACE 86210
- Founded
- 06-11-2007
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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