Msol
ActiveMsol has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165k and a net result of €32k. Equity is growing by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 82% of 1493 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-3
Solvency94▼-6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 2.3 in 2024), and 27.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.6%
Return on assets
14.1%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
24 d early
2024
4 d late
2023
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€165k▲ 23.4%
2024 · €134k
2023: €90k
2024: €134k
2023 → 2025
Total assets
€228k▲ 48.5%
2024 · €153k
2023: €127k
2024: €153k
2023 → 2025
Net result
€32k▼ 28.3%
2024 · €45k
2023: €31k
2024: €45k
2023 → 2025
Working capital
€43k▲ 72.4%
2024 · €25k
2023: €-10k
2024: €25k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€90k-€134k▲ 49.0%€165k▲ 23.4%
Operating result€45k-€68k▲ 50.4%€50k▼ 27.0%
Net result€31k-€45k▲ 46.2%€32k▼ 28.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228k
Fixed assets
€126k▲ 15.9%
Current assets
€102k▲ 128%
Equity and liabilities €228k
Equity
€165k▲ 23.4%
Debt
€62k▲ 222%
The debt ratio rises from 12.7% to 27.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€111k▼
2024 · €117k
Cash flow
€93k▼
2024 · €94k
Solvency
72.6%▼
2024 · 87.3%
Current ratio
1.75▼
2024 · 2.30
Quick ratio
1.75▼
2024 · 2.30
Debt / equity
0.38▲
2024 · 0.14
ROE
19.5%▼
2024 · 33.5%
ROA
14.1%▼
2024 · 29.3%
Interest coverage
138.92▼
2024 · 246.18
Debt
€62k▲
2024 · €19k
Debt ≤ 1 year
€58k▲
2024 · €19k
Income taxes
€17k▼
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€153k€228k▲
Fixed assets21/28€109k€126k▲
Tangible fixed assets22/27€109k€126k▲
Land and buildings22-€53k
Plant, machinery and equipment23€56k€43k▼
Furniture and vehicles24€53k€31k▼
Current assets29/58€45k€102k▲
Amounts receivable within one year40/41€19k€39k▲
Trade receivables40€15k€34k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€19k€53k▲
Deferred charges and accrued income490/1€6k€10k▲
Equity and liabilities
Total equity and liabilities10/49€153k€228k▲
Equity10/15€134k€165k▲
Contributions10/11€1k€1k=
Reserves13€133k€164k▲
Distributable reserves133€133k€164k▲
Amounts payable17/49€19k€62k▲
Amounts payable within one year42/48€19k€58k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€8k€12k▲
Taxes450/3€8k€12k▲
Other amounts payable47/48€9k€44k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€61k▲
Other operating charges640/8€4k€6k▲
Gross operating margin9900€121k€117k▼
Operating profit (loss)9901€68k€50k▼
Financial income75/76B€100€286▲
Recurring financial income75€100€286▲
Financial charges65/66B€475€799▲
Recurring financial charges65€475€799▲
Profit (loss) for the period before taxes9903€68k€49k▼
Income taxes67/77€23k€17k▼
Profit (loss) for the period9904€45k€32k▼
Profit (loss) for the period to be appropriated9905€45k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€32k▼
Transfer to equity691/2€44k€31k▼
To other reserves6921€44k€31k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €165k ▲23.4%
3 profitable years in a row build equity to €165k.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Highest result since 2023net €45k ▲46.2%
Operating result €68k, net result €45k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.30
Current ratio from 0.72 to 2.30; short-term debt falls from €37k to €19k.
31-12
Financial
Equity above €100kEq €134k ▲49%
2 profitable years in a row build equity to €134k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kampenhout · 1 establishment unit since 2016
Ground area
2,822 m²
Building footprint
162 m²
Volume, LiDAR
746 m³
Parcel 23038D0380/00D000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Foto-booth.be
since 20162.254.037.795
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038D0380/00D000 | Flanders | 2,822 m² | 1 · 162 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 515 companies in sector 77222 we hold annual accounts for 164. 126 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-2016
Fiscal year end31-12
Trade name NL
Fun4events
Activities, NACEBEL
77222Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.