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MSL Company

Active
Private limited companyfounded 2023active for 2 yearsKoningin Astridplein 30-32, 1090 Jette, BelgiumKBO/BCE: BE 1001.764.332
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 22,632 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

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MSL CompanyActiveChecked score 64/100
Risk analysis ReportCompare

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
≈ €1.4mturnover 2025, estimated
Staff
4.1 FTE
Equity
€53,220
Loss
-€46,780
Turnover estimated from the gross margin
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
2025 accounts on time
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)
Every signal that counts is listed under Signals.
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).

Sector median 0.6% (40,259 companies, NACE 47, micro)
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 28-10-2026 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
lowers risk · Size: total assets €644,170
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €53,220 (8.3% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Loss of €46,780 (financial year 2025)
NBB · annual accounts
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
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: Meryem Mullu (director)Correction
  3. IncorporationAppointment: MUTLU Lisa (director) ·…

Key points

  • Caution: Among the weakest 5% on net resultsector median €5,089 · 22,613 companies -€46,780 View
  • Board2 directors in office 2 View
  • Total assets 2025first financial year filed €644,170 View

By topic

Financials

Financial year
2025
Total assets
€644,170
Loss
-€46,780
Solvency
8.3%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
30-10-2023
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Third Friday of September at 20:00
Purpose
“L’exploitation de commerce sous toutes ses formes, l'achat, la vente, en gros, demi-gros…” (deed in French)
Statutory auditor
No statutory auditor
Go to Articles of association

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?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
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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