Skip to content

MSL19

Active
Private limited companyfounded 2019active for 6 yearsRue Rimière(RR) 34, 4120 Neupré, BelgiumKBO/BCE: BE 0738.914.623
Summary

The computed 12-month bankruptcy probability of MSL19 is 9.1% (elevated). The annual accounts of MSL19 for financial year 2024 show a net loss of 81% of total assets and of 82% of the equity at the start of that year. The 2024 annual accounts show equity of €915 and a net result of -€4,159. Equity is shrinking by about 31% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its solvency ranks better than 36% of 2,012 sector peers (NACE 77, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
MSL19ActiveChecked score 31/100
Risk analysis ReportCompare

Overview

Activity
Rental and leasing activities
NACE 77400
1 site
Size
€5,162total assets 2024
Equity
€915
Loss
-€4,159
Turnover not published (micro format)
Financial health
31 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.1%
Structure
Largest shareholder
AMESOPH · 25.32%
2025 accounts not filed, 87 days past the deadline2 of 3 deeds summarised
Why 31raises riskFigures for financial year 2024 (filed 21-10-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 1 of the last 3 latelowers riskSize: total assets €5,162Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 19% of its sector peers (NACE 77, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 43-24
equity 17.7% of total assets
Liquidity 19-3
short-term debt 82.3% · cash 11.1%
Profitability 15+15
return on assets -80.6%
Bankruptcy probability, 12 months
9.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,165 companies, NACE 77, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.2%▼ -0.1 percentage points vs 11-2024 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
No publishable credit limit; 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 insufficient (current ratio 0.79, compared with 0.86 in 2023, below 1; short-term debt: 82.3% and cash: 11.1% of total assets), and 82.3% 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 77, micro): better than 35% on solvency, 17% on liquidity, 17% on profitability and 7% on growth.

The bankruptcy probability was computed on 26-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 21-10-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: total assets €5,162
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 2024
Net 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, 87 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 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 filings
Deviation 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

This company filed its last 5 accounts on average 37 days after the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Resignations: Philippe Jacquemin (managing director) and…Appointment: AMESOPH (managing director) ·…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€4,159 View
  • Total assets 20245 financial years filed €5,162 View

By topic

Financials

Financial year
2024
Total assets
€5,162
Loss
-€4,159
Solvency
17.7%
Total assets▼ 57.4%
Net result
20202024
Go to Financials

Timeline

Events
9
Since
2021
  1. 12-03-2024Resignation: Vincent Pissart (director)
  2. 31-12-2023Weakest financial year
  3. 22-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Rental and leasing activitiesNACE 77400
Founded
10-12-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about MSL19

What is the company number of MSL19?
0738.914.623. In Belgium the VAT number is the company number with BE in front: BE 0738.914.623.
Where is MSL19 based?
The registered office is at Rue Rimière(RR) 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?
Private limited company (BV).
When was MSL19 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?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.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.

Companies related to MSL19

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure