Turnover
≈ €350,000 estimated
The micro format states no turnover.
MSL MANAGEMENT
Lifetime
2 annual accounts with figures on one time axispeak €201,969 (2026)
€201,969
peak €145,207 (2026)
€145,207
peak €204,016 (2026)
€204,016
€76,216
Board1 name since 2023
1 directorSEMAL Mélanie
Documentsfilings and deeds
17-08-202675 days before the deadline
2026micro format
Registered office moved within Havelange 01-10Dividend €833No figures for the year before
Key points
from the 2026 annual accountsStarting capital
€3,000 100 shares
Checked score
97
Excellent
Financially stronger than 79% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.4 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 4.20, cash €216,392
Size: total assets €280,232
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 69, micro). It does better than 70% of them on solvency, 86% on liquidity and 82% on profitability.
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 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 39,278 companies had the same profile as MSL MANAGEMENT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MSL MANAGEMENT itself is lower: < 0.1% within 12 months. It rests on far more data about MSL MANAGEMENT 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 39,278 companies, not a prediction for MSL MANAGEMENT. 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
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.2 (2.57 in 2024), above the usual 1.5. Short-term debt is 21.8% and cash 77.2% of total assets. 27.2% 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 17-08-2026, 75 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2026
75 days early
2024
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 52 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered office moved within Havelange
New registered office: Malihoux 14A, 5370 HAVELANGE · Previous registered office: Ruelle de Huy 9 bte B, 5376 Havelange · Gazette deed
Amendment of the articles
Director in office: SEMAL Mélanie (sole director) · SEMAL Mélanie holds all the shares · General meeting of 25-11-2025 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: SEMAL Mélanie · Appointment: SEMAL Mélanie (director) · published on 15-06-2023 · Gazette deed
First establishment
Ruelle de Huy 9, Havelange
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MSL MANAGEMENT Havelange | €280,232 | €201,969 | 72.8% | - |
| Alicia Pans, notaris Affligem | €266,187 | €179,281 | 78.3% | - |
| NBV RUCHA Antwerp | €318,071 | €202,297 | 74.9% | - |
| H7 Sint-Truiden | €294,349 | €219,308 | 74.3% | - |
| RAVIRI Sint-Martens-Latem | €274,425 | €148,614 | 83.1% | - |
| Athina Van Parys Puurs-Sint-Amands | €253,734 | €166,506 | 85.0% | - |
| Savantas Putte | €300,658 | €153,337 | 5.8% | - |
These companies have the same main activity as MSL MANAGEMENT: activities of notaries (NACE 69102). They are comparable in size and age: total assets between €254,000 and €318,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 13-06-2023Normal situation
- Activity
- Activities of notariesNACE 69102
- Establishment unit
- 2.347.170.3665376 Havelange, since 13-06-2023
- Financial year end
- 31 March
- Peppol
- Reachable
Annual accounts to 31-03-2026
- €280,232
- Filing
- Filed on 17-08-2026, 75 days before the end of the filing period
Insights on MSL MANAGEMENT
MSL MANAGEMENT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €204,016 and a net result of €145,207.
Its solvency ranks better than 62% of 493 sector peers (NACE 69, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
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 MSL MANAGEMENT
- What is the company number of MSL MANAGEMENT?
- The company number of MSL MANAGEMENT is 0802.659.063. The VAT number is the same number with BE in front: BE 0802.659.063.
- Where is MSL MANAGEMENT based?
- The registered office is at Malihoux 14A, 5370 Havelange.Company details
- What does MSL MANAGEMENT do?
- According to the KBO register, the main activity is activities of notaries (NACE 69102).
- What is the legal form of MSL MANAGEMENT?
- MSL MANAGEMENT is a private limited company (BV).
- When was MSL MANAGEMENT founded?
- MSL MANAGEMENT was founded on 13-06-2023.
- Is MSL MANAGEMENT still active?
- Yes, MSL MANAGEMENT is an active enterprise in the KBO register.
- What is the turnover of MSL MANAGEMENT?
- The turnover in financial year 2026 is ≈ €350,000. This figure is estimated from the gross margin of €201,969 and 38 comparable companies (NACE 691). It probably lies between €280,000 and €530,000.Financials
- Is MSL MANAGEMENT profitable?
- In financial year 2026, MSL MANAGEMENT made a profit of €145,207.
- Where can I find the annual accounts of MSL MANAGEMENT?
- MSL MANAGEMENT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
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