Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MS-design from Ternat, company number BE0423060748, closed financial year 2025 with a result of € -2,851 after tax. For that financial year MS-design recorded a gross margin of € 2,705 and equity of € 10,637. Compared with financial year 2024, the result moved from € -9,875 to € -2,851. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 10,637
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,851
▲ 71 % less loss than in 2024
Profit after tax over the fiscal year.
€ 20,415
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,955.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 149
▼ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,156
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 241
▼ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,123 | € 14,884 | € 7,679 | € 2,705 | ▼ 65% |
| Profit after taxes | € -774 | € 7,111 | € -9,875 | € -2,851 | ▲ € 7,024 |
| Equity | € 16,251 | € 23,363 | € 13,488 | € 10,637 | ▼ 21% |
| Total debts | € 29,425 | € 42,051 | € 44,832 | € 27,613 | ▼ 38% |
| Cash | € 4,838 | € 23,553 | € 32,197 | € 20,415 | ▼ 37% |
| Retained profit | € -2,341 | € 4,771 | € -5,104 | € -7,955 | ▼ € 2,851 |
| Bank debt | € 14,130 | € 9,181 | € 0 | € 0 | |
| Balance sheet total | € 45,676 | € 65,414 | € 58,320 | € 38,251 | ▼ 34% |
Key figures of MS-design, 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 MS-design?
What happened at MS-design in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,851. filed late Source: NBB ↗
- Michaël Schoonvaere became a director. NBB
- New establishment in Ittre. KBO
- Start of the company according to the CBE. KBO
In short
From € 774 loss in 2022 to € 2,851 loss in 2025.
Paid € 1,193 in corporate taxes since 2022.
Best year ever: 2023, with € 7,111 profit.
Management
Behind MS-design is Michaël Schoonvaere.
Directors
According to the 2025 annual accounts
Michaël Schoonvaere
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Watermolenstraat 9
1742 Ternat
Rue Charles Catala 74
1460 Ittre
Active since 1 October 1982
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.060.748
- VAT number
- BE 0423.060.748
- Registered office
- Watermolenstraat 9, 1742 Ternat
- Names & denominations
- MS-design
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1982
- Peppol
- Active · Active since 27 Sept 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)