What does MSP Bois do?

MSP Bois is a woodworking business in Etalle. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of MSP Bois?

The registered office of MSP Bois is located at Croix-Rouge,Ste-Marie SN, 6740 Etalle.

Is MSP Bois still active?

Yes. According to the CBE (30 October 2026) MSP Bois is active, legal situation “Normale toestand”, started on 1 January 1968.

Is MSP Bois registered on Peppol?

Yes, MSP Bois is registered on the Peppol network with ID 0208:0402035009.

What is the enterprise number of MSP Bois?

The enterprise number of MSP Bois is BE0402035009.

When was MSP Bois founded?

MSP Bois was founded on 1 January 1968.

The shares are held by MSP Bois Groupe s.a. (100%).

Is MSP Bois a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025.

How much profit did MSP Bois make in 2025?

MSP Bois posted a profit after taxes of € 27,804 in financial year 2025.

What is the revenue of MSP Bois?

In its most recent annual accounts (2025), MSP Bois reported revenue of € 10,869,430.

How much does an employee at MSP Bois earn?

The average wage cost per full-time employee at MSP Bois was € 53,300 in 2025: staff costs of € 1.2 million for 23.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MSP Bois have?

According to the 2025 annual accounts, MSP Bois has 23.2 full-time equivalents (FTE).

MSP Bois (Public Limited) - Etalle - BE0402035009

Dossier MSP Bois, printed on 30 October 2026 from databakkes.be/en/0402035009/msp-bois. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 3 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 31.9 to 23.2.

Financials

Financial year 2025

MSP Bois from Etalle, company number BE0402035009, closed financial year 2025 with a result of € 27,804 after tax. For that financial year MSP Bois recorded revenue of € 10.9 million and equity of € -3.7 million. Compared with financial year 2024, the result moved from € -3.9 million to € 27,804. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.

What it is worth Caution

€ -3.7 million

▼ € 505,537 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 27,804

▲ still € 3.9 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17,924

▼ 79% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -6.9 million.

People and assets in 2025

Full-time equivalents

23.2

▼ 3.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.2 million

▲ 1% vs 2024

€ 53,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3.1 million

▼ 18% vs 2024

Of which on lease € 3.1 million.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 9 million

▼ 6% vs 2024

€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 2.5 million

▼ 48% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 1.2 million

▲ € 889,047 vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	€ 9,434,799 Revenue 2023: € 9,434,799 First fiscal year in the series	€ 5,047,141 Revenue 2024: € 5,047,141 ▼ 47% vs 2023 (€ 9,434,799) Unfavourable step	€ 10,869,430 Revenue 2025: € 10,869,430 ▲ 115% vs 2024 (€ 5,047,141) Favourable step	▲ 115%
Gross margin	€ 1,515,239 Gross margin 2022: € 1,515,239 First fiscal year in the series	€ 2,351,093 Gross margin 2023: € 2,351,093 ▲ 55% vs 2022 (€ 1,515,239) Favourable step	€ 77,215 Gross margin 2024: € 77,215 ▼ 97% vs 2023 (€ 2,351,093) Unfavourable step	€ 4,022,655 Gross margin 2025: € 4,022,655 ▲ € 3.9 million vs 2024 (€ 77,215) Favourable step	▲ € 3.9 million
Profit after taxes	€ -2,432,680 Profit after taxes 2022: € -2,432,680 First fiscal year in the series	€ -1,258,458 Profit after taxes 2023: € -1,258,458 ▲ € 1.2 million vs 2022 (€ -2,432,680) Favourable step	€ -3,874,639 Profit after taxes 2024: € -3,874,639 ▼ € 2.6 million vs 2023 (€ -1,258,458) Unfavourable step	€ 27,804 Profit after taxes 2025: € 27,804 ▲ € 3.9 million vs 2024 (€ -3,874,639) Favourable step	▲ € 3.9 million
Equity	€ -539,711 Equity 2022: € -539,711 First fiscal year in the series	€ 1,118,975 Equity 2023: € 1,118,975 ▲ € 1.7 million vs 2022 (€ -539,711) Favourable step	€ -3,243,496 Equity 2024: € -3,243,496 ▼ € 4.4 million vs 2023 (€ 1,118,975) Unfavourable step	€ -3,749,033 Equity 2025: € -3,749,033 ▼ € 505,537 vs 2024 (€ -3,243,496) Unfavourable step	▼ € 505,537
Total debts	€ 20,853,254 Total debts 2022: € 20,853,254 First fiscal year in the series	€ 18,247,840 Total debts 2023: € 18,247,840 ▼ 12% vs 2022 (€ 20,853,254) Favourable step	€ 19,444,108 Total debts 2024: € 19,444,108 ▲ 7% vs 2023 (€ 18,247,840) Unfavourable step	€ 18,975,373 Total debts 2025: € 18,975,373 ▼ 2% vs 2024 (€ 19,444,108) Favourable step	▼ 2%
Cash	€ 590,998 Cash 2022: € 590,998 First fiscal year in the series	€ 164,073 Cash 2023: € 164,073 ▼ 72% vs 2022 (€ 590,998) Unfavourable step	€ 86,712 Cash 2024: € 86,712 ▼ 47% vs 2023 (€ 164,073) Unfavourable step	€ 17,924 Cash 2025: € 17,924 ▼ 79% vs 2024 (€ 86,712) Unfavourable step	▼ 79%
Land & buildings	€ 1,805,558 Land & buildings 2022: € 1,805,558 First fiscal year in the series	€ 2,063,641 Land & buildings 2023: € 2,063,641 ▲ 14% vs 2022 (€ 1,805,558) Unchanged	€ 2,157,732 Land & buildings 2024: € 2,157,732 ▲ 5% vs 2023 (€ 2,063,641) Unchanged	€ 2,081,581 Land & buildings 2025: € 2,081,581 ▼ 4% vs 2024 (€ 2,157,732) Unchanged	▼ 4%
Retained profit	€ -4,834,990 Retained profit 2022: € -4,834,990 First fiscal year in the series	€ -3,036,123 Retained profit 2023: € -3,036,123 ▲ € 1.8 million vs 2022 (€ -4,834,990) Favourable step	€ -6,910,763 Retained profit 2024: € -6,910,763 ▼ € 3.9 million vs 2023 (€ -3,036,123) Unfavourable step	€ -6,882,959 Retained profit 2025: € -6,882,959 Unchanged (€ -6,910,763) Favourable step
Bank debt	€ 14,459,953 Bank debt 2022: € 14,459,953 First fiscal year in the series	€ 11,599,165 Bank debt 2023: € 11,599,165 ▼ 20% vs 2022 (€ 14,459,953) Favourable step	€ 9,585,260 Bank debt 2024: € 9,585,260 ▼ 17% vs 2023 (€ 11,599,165) Favourable step	€ 9,020,401 Bank debt 2025: € 9,020,401 ▼ 6% vs 2024 (€ 9,585,260) Favourable step	▼ 6%
Balance sheet total	€ 20,695,648 Balance sheet total 2022: € 20,695,648 First fiscal year in the series	€ 19,366,816 Balance sheet total 2023: € 19,366,816 ▼ 6% vs 2022 (€ 20,695,648) Unchanged	€ 16,236,612 Balance sheet total 2024: € 16,236,612 ▼ 16% vs 2023 (€ 19,366,816) Unchanged	€ 15,262,340 Balance sheet total 2025: € 15,262,340 ▼ 6% vs 2024 (€ 16,236,612) Unchanged	▼ 6%
Employees (FTE)	28.5 Employees (FTE) 2022: 28.5 First fiscal year in the series	31.9 Employees (FTE) 2023: 31.9 ▲ 3.4 vs 2022 (28.5) Unchanged	26.7 Employees (FTE) 2024: 26.7 ▼ 5.2 vs 2023 (31.9) Unchanged	23.2 Employees (FTE) 2025: 23.2 ▼ 3.5 vs 2024 (26.7) Unchanged	▼ 3.5

Key figures of MSP Bois, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to MSP Bois?

What happened at MSP Bois in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 9, 2026 New annual accounts for financial year 2025: profit of € 27,804. Source: NBB ↗
Nov 25, 1986 New establishment in Etalle. KBO
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 2.4 million loss in 2022 to € 27,804 profit in 2025.

Paid € 35,445 in corporate taxes since 2022.

Best year ever: 2025, with € 27,804 profit.

On average € 173,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Croix-Rouge,Ste-Marie SN

6740 Etalle

2.005.027.216

Croix-Rouge,Ste-Marie sn

6740 Etalle

Active since 25 November 1986

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0402.035.009

VAT number

BE 0402.035.009

Registered office

Croix-Rouge,Ste-Marie SN, 6740 Etalle

Names & denominations

MSP Bois

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 5 Jan 2026

Activities · NACE

Zagen en schaven van hout

Algemene bouw van residentiële gebouwen

Vervaardiging van ander schrijn- en timmerwerk

Schrijnwerk

View on CBE Public ↗ Annual accounts (NBB) ↗