MSM

Active

Private limited companyfounded 2024active for 2 yearsGellikerweg 128, 3620 Lanaken, BelgiumKBO/BCE: BE 1005.916.229

Summary

MSM has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13,608 and a net result of €9,608. Its solvency ranks better than 22% of 20,539 sector peers (NACE 62, financial year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisFollow Report Compare

MSMActiveChecked score 67/100

Risk analysis Report Compare

Activity

Computer consultancy and computer facilities management

NACE 62200

1 site

Size

€47,892total assets 2024

Equity: €13,608
Profit: €9,608

Turnover not published (micro format)

Financial health

67 Healthy Checked score 2024

Bankruptcy probabilitywithin 12 months: 0.9%

Structure

MOURTADA Samir MoustaphaDirector

2024 accounts filed 60 days late

Why 67raises riskFigures for financial year 2024 (filed 07-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 1 of the last 3 lateFounded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2024

67 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 34% of its sector peers (NACE 62, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 53

equity 28.4% of total assets

Liquidity 48

short-term debt 71.6% · cash 28.8%

Profitability 88

return on assets 20.1%

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,887 companies, NACE 62, micro)

Last 24 months 03-2025: 0.4% 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 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.1%▼ -0.4 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.9%▲ +0.5 percentage points vs 09-2026highest value

Credit of up to €500 on 30-day terms is acceptable

Liquidity tight (current ratio 1.11, below the usual 1.5; short-term debt: 71.6% and cash: 28.8% of total assets), and 71.6% 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 62, micro): better than 28% on solvency, 22% on liquidity and 51% on profitability.

The bankruptcy probability was computed on 27-10-2026 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

Six signals.

lowers riskraises risk

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Figures for financial year 2024 (filed 07-10-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 1 of the last 3 late

NBB · filings

Founded in 2024

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 20539 sector peers (2024).

NBB · sector comparison

Position among 20539 sector peers

Solvency

better than 22%

← weakest strongest →

2024 accounts filed 60 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 1 filing

Deviation from the deadline

2024

60 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 60 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

29-09-2025 Annual accounts filedfinancial year 2024 · micro…
14-02-2024 IncorporationAppointment: MOURTADA Samir Moustapha (director)…

Key points

Caution: Among the weakest 17% on equitysector median €73,731 · 20,551 companies €13,608 View
One director decidessole director in office 1 View
Total assets 2024first financial year filed €47,892 View

By topic

Financials

Financial year: 2024
Total assets: €47,892
Profit: €9,608
Solvency: 28.4%

Go to Financials

Board & ownership

Board: 1 member

MOURTADA Samir MoustaphaDirector

Go to Board & ownership

Timeline

Events: 2
Since: 2024

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Computer consultancy and computer facilities managementNACE 62200
Founded: 12-02-2024
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 14

Who signs: Each director alone
Annual meeting: Third Tuesday of June at 16:00
Purpose: “Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken…” (deed in Dutch)

Go to Articles of association

Key facts about MSM

What is the company number of MSM?: 1005.916.229. In Belgium the VAT number is the company number with BE in front: BE 1005.916.229.
Where is MSM based?: The registered office is at Gellikerweg 128, 3620 Lanaken.Company details
What does MSM do?: According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of MSM?: Private limited company (BV).
When was MSM founded?: On 12-02-2024.
Is MSM still active?: Yes, MSM is an active enterprise in the KBO register.
What is the turnover of MSM?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MSM profitable?: In financial year 2024, MSM made a profit of €9,608.
Where can I find the annual accounts of MSM?: MSM filed 1 annual account with the National Bank of Belgium, for financial year 2024.