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MSL Company
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
MSL Company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,220 and a net result of -€46,780. Its solvency ranks better than 28% of 22,679 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Official details
KBO- Status
- Active since 30-10-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Koningin Astridplein 30-32, 1090 Jette
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
- Establishment unit
- 2.352.164.579 1090 Jette, since 30-10-2023
- Financial year end
- 31 March
- Peppol
- Reachable since 03-10-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 1.2%
Annual accounts to 31-03-2025
- Gross margin
- €160,694
- Turnover
- ≈ €1.4m
- estimated
- Loss
- €46,780
- Equity
- €53,220
- Total assets
- €644,170
- Staff
- 4.1 FTE
2025 accounts on time
Filed on 31-10-2025PDF
Why 64raises riskEquity €53,220 (8.3% of total assets)Sector: Retail trade (NACE 47)Loss of €46,780 (financial year 2025)lowers riskSize: total assets €644,170Show the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 35% of its sector peers (NACE 47, micro)
Financial strength
Weak
Solvency
33
equity 8.3% of total assets
Liquidity
52
short-term debt 45.7% · cash 19.8%
Profitability
21
return on assets -7.3%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.9%
12-2024: 3.9%● unchanged vs 11-2024
01-2025: 4.0%▲ +0.1 percentage points vs 12-2024
02-2025: 4.4%▲ +0.4 percentage points vs 01-2025
03-2025: 4.6%▲ +0.2 percentage points vs 02-2025
04-2025: 5.0%▲ +0.4 percentage points vs 03-2025
05-2025: 5.0%● unchanged vs 04-2025
06-2025: 5.2%▲ +0.2 percentage points vs 05-2025
07-2025: 5.3%▲ +0.1 percentage points vs 06-2025
08-2025: 5.2%▼ -0.1 percentage points vs 07-2025
09-2025: 5.3%▲ +0.1 percentage points vs 08-2025
10-2025: 5.7%▲ +0.4 percentage points vs 09-2025highest value
11-2025: 5.7%● unchanged vs 10-2025highest value
12-2025: 1.8%▼ -3.9 percentage points vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.8%● unchanged vs 02-2026
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 2.0%▲ +0.2 percentage points vs 06-2026
08-2026: 2.4%▲ +0.4 percentage points vs 07-2026
09-2026: 2.6%▲ +0.2 percentage points vs 08-2026
10-2026: 1.2%▼ -1.4 percentage points vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.85, below 1; short-term debt: 45.7% and cash: 19.8% of total assets), and 91.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 25% on solvency, 57% on liquidity and 22% on profitability.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Searched, nothing found (1)
Key points
- Caution: Among the weakest 5% on net resultsector median €5,088 · 22,660 companies -€46,780 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 31-10-2025
Acts in the Belgian Official Gazette
- Registered officeact of 10-09-2024
- Incorporationact of 03-11-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about MSL Company
- What is the company number of MSL Company?
- 1001.764.332. In Belgium the VAT number is the company number with BE in front: BE 1001.764.332.
- Where is MSL Company based?
- The registered office is at Koningin Astridplein 30-32, 1090 Jette.Company details
- What does MSL Company do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of MSL Company?
- Private limited company (BV).
- When was MSL Company founded?
- On 30-10-2023.
- Is MSL Company still active?
- Yes, MSL Company is an active enterprise in the KBO register.
- How many employees does MSL Company have?
- On average 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MSL Company?
- ≈ €1.4m in financial year 2025. Estimated from the gross margin of €160,694: probably between €910,000 and €1.7m, based on 70 comparable companies, NACE 47110.
- Is MSL Company profitable?
- In financial year 2025, MSL Company made a loss of €46,780.
- Where can I find the annual accounts of MSL Company?
- MSL Company filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts 2025 (PDF)
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