MSX GROUP

Active

Private limited companyfounded 20242 yrs activeOude Baan(E) 259, 3630 Maasmechelen, BelgiumKBO/BCE: BE 1008.495.439

Summary

The computed 12-month bankruptcy probability of MSX GROUP is 6.4% (elevated). The 2025 annual accounts show negative equity (-€3,355) and a net result of -€6,002. Its solvency ranks better than 5% of 28806 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

MSX GROUPActiveChecked score 12/100

Risk analysis Report Compare

What they do

Other specialised construction activities

NACE 43990NACE 43999

1 site

How big

€278total assets 2025

Equity: -€3,355
Loss: -€6,002

Turnover not published (abridged schema)

Financially healthy?

12 Critical Checked score 2025

Bankruptcy chance 12 m: 6.4%

Who decides

Largest shareholder: AS Bouwwerken · 50%
Board: 1 member

Accounts 29 d early1 of 3 deeds read

Why 12- Annual accounts: weaker financial profile- Young company- Higher-failure-rate sector- Negative equityLatest accounts filed on timeShow the evidence

Checked score

Score 2025

12 / 100

Critical

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-99

Solvency0▼-64

Growth32

Track record82

Bankruptcy probability, 12 months

6.4% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

balance sheet total too small for a liquidity verdict, and equity is negative.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Age of the figures

9 mo

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

2425

2024 to 2025 · latest year -€3,355

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

29 d early

2024

119 d late

← before the deadline after the deadline →

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

This company filed its last 2 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

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 months

Position in the running window

01-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

02-07-26 Annual accounts filedfiscal year 2025 · micro…
21-05-26 Appointment: Palermo Gianluca (director)Registered-office move
27-11-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Risk: Negative equityfiscal year 2025: debts exceed assets -€3,355 View
Caution: Among the weakest 5% on solvencysector median 47.1% · 28,806 companies -1209.1% View
New directorlatest change 21-05-2026 · 1 in office 1 joined View