Equity
-€8,050
Debts exceed assets in financial year 2025.
MSMP
Lifetime
11 annual accounts with figures on one time axispeak €37,324 (2016)
-€1,671▲ €724
lowest -€19,609 (2019)
-€2,200▲ €650
peak €32,129 (2017)
-€8,050▼ €2,200
€292,912▲ 0.9%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from -€2,396 to -€1,671Loss of €2,200Equity from -€5,850 to -€8,050Cash from €445 to €606
Key points
from the 2025 annual accountsLosses
-€52,578 in eight years
Every financial year from 2018 to 2025 closed with a loss. 2019 was the heaviest.
Debts
€292,912 103% of the balance sheet
After one year 98%Within one year 2%
Of this, €4,750 falls due within a year.
2025 accounts filed 25 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as MSMP has now. Each dot stands for 6 companies, two years later.
90.6%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 2,333 companies, not a prediction for MSMP. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0552986409
Registered office moved to Erquelinnes
New registered office: rue Sainte Anne 14, 6560 ERQUELINNES · Change of role: , from manager to director · Appointment: (director) · General meeting of 26-01-2023 · Gazette deed
Incorporation
published on 30-05-2014 · Gazette deed
First establishment
Sainte-Anne 14, Erquelinnes
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MSMP Erquelinnes | €284,863 | -€1,671 | -2.8% | - |
| PLAXIM Tournai | €341,400 | -€52,407 | -252.7% | 0 |
| VESALIUS CONSTRUCT Brussels | €305,591 | -€3,811 | 96.7% | 0 |
| CAPAR-INVEST Zemst | €304,954 | -€1,747 | 50.4% | - |
| SCHOUKENS PROJECT Opwijk | €331,198 | -€4,432 | 92.3% | - |
| TWAALF Knokke-Heist | €347,232 | -€18,867 | 81.6% | - |
| UNION B Antwerp | €329,767 | -€1,232 | 20.5% | - |
These companies have the same main activity as MSMP: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €305,000 and €347,000, founded between 2014 and 2015.
Official details
Source: KBO- Status
- Active since 27-05-2014Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 3 others
- Establishment unit
- 2.232.164.1966560 Erquelinnes, since 27-05-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Insights on MSMP
MSMP files the micro format. That format states no turnover. The gross margin fell from €29,674 in 2015 to -€1,671 in 2025.
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 MSMP
- What is the company number of MSMP?
- The company number of MSMP is 0552.986.409. The VAT number is the same number with BE in front: BE 0552.986.409.
- Where is MSMP based?
- The registered office is at Sainte-Anne 14, 6560 Erquelinnes.Company details
- What does MSMP do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of MSMP?
- MSMP is a private limited company (BV).
- When was MSMP founded?
- MSMP was founded on 27-05-2014.
- Is MSMP still active?
- Yes, MSMP is an active enterprise in the KBO register.
- What is the turnover of MSMP?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MSMP profitable?
- In financial year 2025, MSMP made a loss of €2,200.
- Where can I find the annual accounts of MSMP?
- MSMP filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MSMP due?
- MSMP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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