MSP SRL
ActiveMSP SRL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.24M and a net result of €25k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 70% of 13977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+2
Solvency81▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.45 in 2024; short-term debt: 13.4% and cash: 5.6% of total assets), and 43.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
56.5%
Return on assets
0.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
43 d early
2023
51 d early
2022
6 d early
2021
28 d late
2020
1 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€25k▲ 212%
2024 · €8k
2019: €-109k
2020: €-55k
2021: €-51k
2022: €-93k
2023: €52k
2024: €8k
2019 → 2025
Working capital
€-294k▲ 4.4%
2024 · €-308k
2019: €-346k
2020: €-330k
2021: €-340k
2022: €-474k
2023: €-285k
2024: €-308k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.25M-€2.15M▼ 4.1%€2.21M▲ 2.4%€2.21M▲ 0.4%€2.24M▲ 1.1%
Operating result€30k-€-28k€164k€119k▼ 27.5%€122k▲ 2.4%
Net result€-51k-€-93k▼ 82.5%€52k€8k▼ 84.6%€25k▲ 212%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.96M
Fixed assets
€3.73M▼ 4.6%
Current assets
€238k▼ 6.3%
Equity and liabilities €3.96M
Equity
€2.24M▲ 1.1%
Provisions
€25k▼ 6.1%
Debt
€1.70M▼ 11.4%
The debt ratio falls from 46.1% to 42.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€377k▲
2024 · €372k
Cash flow
€280k▲
2024 · €261k
Solvency
56.5%▲
2024 · 53.2%
Current ratio
0.45▼
2024 · 0.45
Quick ratio
0.45▼
2024 · 0.45
Debt / equity
0.76▼
2024 · 0.87
ROE
1.1%▲
2024 · 0.4%
ROA
0.6%▲
2024 · 0.2%
Interest coverage
8.51▲
2024 · 5.88
Debt
€1.70M▼
2024 · €1.92M
Debt ≤ 1 year
€532k▼
2024 · €562k
Debt > 1 year
€1.17M▼
2024 · €1.35M
Income taxes
€54k▲
2024 · €49k
Staff costs
€25k▲
2024 · €25k
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€4.16M€3.96M▼
Fixed assets21/28€3.90M€3.73M▼
Intangible fixed assets21€454k€303k▼
Tangible fixed assets22/27€3.45M€3.42M▼
Land and buildings22€3.41M€3.35M▼
Plant, machinery and equipment23€44k€68k▲
Furniture and vehicles24€320€4k▲
Current assets29/58€254k€238k▼
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€1k€3k▲
Other amounts receivable41€560-
Cash at bank and in hand54/58€243k€224k▼
Deferred charges and accrued income490/1€9k€12k▲
Equity and liabilities
Total equity and liabilities10/49€4.16M€3.96M▼
Equity10/15€2.21M€2.24M▲
Contributions10/11€56k€56k=
Revaluation surpluses12€2.17M€2.17M=
Reserves13€113k€106k▼
Tax-exempt reserves132€107k€101k▼
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-123k€-92k▲
Provisions and deferred taxes16€27k€25k▼
Deferred taxes168€27k€25k▼
Amounts payable17/49€1.92M€1.70M▼
Amounts payable after more than one year17€1.35M€1.17M▼
Financial debts170/4€1.16M€972k▼
Other amounts payable178/9€193k€193k▲
Amounts payable within one year42/48€562k€532k▼
Current portion of amounts payable after more than one year42€224k€229k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€166€4k▲
Remuneration and social security454/9€7k€3k▼
Other amounts payable47/48€327k€292k▼
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€25k€25k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€253k€255k▲
Other operating charges640/8€30k€24k▼
Gross operating margin9900€427k€426k▼
Operating profit (loss)9901€119k€122k▲
Financial income75/76B€56€46▼
Recurring financial income75€56€46▼
Financial charges65/66B€63k€44k▼
Recurring financial charges65€63k€44k▼
Profit (loss) for the period before taxes9903€56k€78k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€49k€54k▲
Profit (loss) for the period9904€8k€25k▲
Transfer from tax-exempt reserves789€6k€6k=
Profit (loss) for the period to be appropriated9905€15k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-123k€-92k▲
Profit (loss) brought forward from the previous period14P€-138k€-123k▲
The notes to these accounts (10 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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Back to profitnet €52k
Net result €52k after 4 loss-making years.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Charleroi · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Thomas Bonehill 39 B6030 CharleroiGround area
388 m²
Building footprint
92 m²
Volume, LiDAR
831 m³
Parcel 52044A0453/00T002, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Thomas Bonehill 39B, 6030 Charleroi
since 20042.202.233.857
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52044A0453/00T002 | Wallonia | 388 m² | 1 · 92 m² | 12.0 m · 3 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.
Similar companies · same sector, comparable size
GEBEVO
BE 0450.909.250
Wijnegem · Eq €2.24M
KEVA
BE 0417.391.691
Genk · Eq €2.24M
YASMINE
BE 0766.752.435
Oostende · Eq €2.24M
CORPORATE ASSET MANAGEMENT
BE 0432.949.503
Ninove · Eq €2.24M
IMMOBILIERE DE FROIDCHAPELLE
BE 0420.242.996
Froidchapelle · Eq €2.24M
Of 9,134 companies in sector 68201 we hold annual accounts for 6,763. 4,156 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2004
Fiscal year end30-06
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.