Losses
-€12,617 in two years
The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.
MSL19
Lifetime
5 annual accounts with figures on one time axispeak €5,447 (2024)
€5,447▲ 34.0%
lowest -€8,458 (2023)
-€4,159▲ €4,299
peak €16,803 (2020)
€915▼ 82.0%
€4,247▼ 39.6%
Board7 names since 2019
1 directorAMESOPH
Owners
25.32%AMESOPH
Documentsfilings and deeds
13-10-202574 days late
2024micro format
Gross margin from €4,065 to €5,447Loss of €4,159Resignation: Vincent Pissart (director) 12-03Equity from €5,073 to €915Debts from €7,037 to €4,247Cash from €210 to €574
Key points
from the 2024 annual accountsChecked score
31
Weak
Financially stronger than 19% of micro companies in rental and leasing (NACE 77)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
9.1% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.1%▼ -0.1 percentage points vs 03-2025lowest value
05-2025: 1.2%▲ +0.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 2.6%▲ +1.4 percentage points vs 06-2025
08-2025: 3.3%▲ +0.7 percentage points vs 07-2025
09-2025: 3.8%▲ +0.5 percentage points vs 08-2025
10-2025: 6.6%▲ +2.8 percentage points vs 09-2025
11-2025: 3.8%▼ -2.8 percentage points vs 10-2025
12-2025: 3.8%● unchanged vs 11-2025
01-2026: 3.9%▲ +0.1 percentage points vs 12-2025
02-2026: 3.9%● unchanged vs 01-2026
03-2026: 3.2%▼ -0.7 percentage points vs 02-2026
04-2026: 3.4%▲ +0.2 percentage points vs 03-2026
05-2026: 3.5%▲ +0.1 percentage points vs 04-2026
06-2026: 3.4%▼ -0.1 percentage points vs 05-2026
07-2026: 3.6%▲ +0.2 percentage points vs 06-2026
08-2026: 4.6%▲ +1.0 percentage point vs 07-2026
09-2026: 5.2%▲ +0.6 percentage points vs 08-2026
10-2026: 9.1%▲ +3.9 percentage points vs 09-2026highest value
11-2026: 9.1%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 21-10-2025)
1 change of registered office in 24 months
1 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €5,162
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 35% of them on solvency, 17% on liquidity, 17% on profitability and 7% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,133 companies had the same profile as MSL19 has now. Each dot stands for 3 companies, two years later.
86.4%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MSL19 itself is higher: 9.1% within 12 months. It rests on far more data about MSL19 than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,133 companies, not a prediction for MSL19. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.79 (0.86 in 2023), below 1. Short-term debt is 82.3% and cash 11.1% of total assets. 82.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year -€4,159
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 74 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
74 days late
2023
29 days late
2022
22 days late
2021
30 days late
2020
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 37 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0738914623
Registered office moved within Neupré
New registered office: Rue Rimière 34A, 4121 Neupré · Previous registered office: Rue Rimière 34 a, 4120 Neupré · Resignations: Philippe Jacquemin (managing director) and Pierre Henkin (managing director) · Gazette deed
Resignation: Vincent Pissart (director)
General meeting of 03-11-2023 · Gazette deed
Incorporation
Founders: AMESOPH, HENKIN Pierre Raymond, JACQUEMIN Philippe Jean Nicolas Hubert and 1 other · Appointments: Hanine ESSAHELI (company auditor), HENKIN Pierre Raymond (director), JACQUEMIN Philippe Jean Nicolas Hubert (director), AMESOPH (director) and PISSART Vincent Jean Joseph (director) · Permanent representative: LEGROS Sophie · published on 12-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MSL19 Neupré | €5,162 | €5,447 | 17.7% | - |
| MedTec Ghent | €6,406 | €8,888 | 100.0% | - |
| POLYCLICK De Panne | €3,422 | -€11,417 | -645.1% | - |
| LeBonBail Beauvechain | €1,886 | €2,920 | -280.5% | - |
| DESENIA Dilbeek | €19,212 | €16,347 | 61.4% | - |
| SUSTAINABLE INNOVATION PARTNERS Watermael-Boitsfort | €6,178 | -€771 | -1805.8% | - |
| Franks & Co Europe Antwerp | €37,194 | €7,903 | 68.3% | 0 |
These companies have the same main activity as MSL19: rental and leasing activities (NACE 77400). They are comparable in size and age: total assets between €1,890 and €37,200, founded between 2013 and 2022.
Official details
Source: KBO- Status
- Active since 10-12-2019Normal situation
- Activity
- Rental and leasing activitiesNACE 77400and 1 other
- Establishment unit
- 2.297.734.5154053 Chaudfontaine, since 10-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 03-03-2026
Insights on MSL19
MSL19 files the micro format. That format states no turnover. The gross margin rose from €2,246 in 2020 to €5,447 in 2024.
In June 2025, the Official Gazette published the appointment of AMESOPH as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MSL19
- What is the company number of MSL19?
- The company number of MSL19 is 0738.914.623. The VAT number is the same number with BE in front: BE 0738.914.623.
- Where is MSL19 based?
- The registered office is at Rue Rimière 34, 4120 Neupré.Company details
- What does MSL19 do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77400).
- What is the legal form of MSL19?
- MSL19 is a private limited company (BV).
- When was MSL19 founded?
- MSL19 was founded on 10-12-2019.
- Is MSL19 still active?
- Yes, MSL19 is an active enterprise in the KBO register.
- What is the turnover of MSL19?
- The turnover in financial year 2024 is ≈ €16,000. This figure is estimated from the gross margin of €5,447 and 48 comparable companies (NACE 77). It probably lies between €12,000 and €32,000. It is a rough estimate.Financials
- Is MSL19 profitable?
- In financial year 2024, MSL19 made a loss of €4,159.
- Where can I find the annual accounts of MSL19?
- MSL19 filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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