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MSL Company

Active
Private limited companyfounded 2023active for 3 yearsKoningin Astridplein 30-32, 1090 Jette, BelgiumKBO/BCE: BE 1001.764.332
Summary

The computed 12-month bankruptcy probability of MSL Company is 1.5% (moderate). The 2025 annual accounts show equity of €53,220 and a net result of -€46,780. Its solvency ranks better than 28% of 22,773 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-10-2023 Normal situation
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

Board and ownership

Board

Financial position

63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts to 31-03-2025
Gross margin
€160,694
Turnover
≈ €1.3m
estimated
Loss
€46,780
Equity
€53,220
Total assets
€644,170
Employees on 31-03-2025
9
Filed on 31-10-2025, on time
Score breakdownraises riskFigures for financial year 2025 (filed on 10-11-2025)Equity €53,220 (8.3% of total assets)Sector: Retail trade (NACE 47)lowers riskSize: total assets €644,170Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 35% of micro companies in retail trade (NACE 47)
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 within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 3.9% 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 11-2026: 1.5%▲ +0.3 percentage points vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.85, below 1. Short-term debt is 45.7% and cash 19.8% of total assets. 91.7% of the assets are financed with debt and provisions.
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 47, micro). It does better than 25% of them on solvency, 57% on liquidity and 22% on profitability.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €644,170
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 10-11-2025)
NBB · annual accounts
raises risk · Equity €53,220 (8.3% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
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 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in retail tradesector median €5,084 · 22,754 companies -€46,780 View

Recent changes

  1. · Gazette deed Appointment: Meryem Mullu (director)
  2. · Gazette deed IncorporationStarting capital €100,000 · Appointment: MUTLU Lisa (director)
All 3 events

Comparable companies

These companies have the same main activity as MSL Company: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €510,000 and €786,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
MSL Company Jette€644,170€160,694
PROXY EKSEL Hechtel-Eksel€686,826€177,273
PROXIFOOD VILLERS Villers-le-Bouillet€589,274€204,784
A&J Retail Zelzate€510,428€132,754
EXPRESS GUMMARUS Antwerpen€785,698€157,053
ERSA Groupe Genappe€582,594€200,222
DKS GROUP Schaarbeek€541,436€271,726
Full comparison

Key facts about MSL Company

What is the company number of MSL Company?
The company number of MSL Company is 1001.764.332. The VAT number is the same 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?
The legal form of MSL Company is Private limited company (BV).
When was MSL Company founded?
MSL Company was 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?
MSL Company had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MSL Company?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €160,694 and 70 comparable companies (NACE 47110). It probably lies between €910,000 and €1.7m.
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.

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