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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MSH RENOV from Sint-Pieters-Woluwe, company number BE0428910046, closed financial year 2025 with a result of € 9,851 after tax. For that financial year MSH RENOV recorded a gross margin of € 76,648 and equity of € 323,427. Compared with financial year 2024, the result moved from € -72,934 to € 9,851. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 323,427
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,851
▲ still € 72,934 loss in 2024
Profit after tax over the fiscal year.
€ 5,074
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -172,361.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 411
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,713 | € -41,973 | € 17,804 | € 76,648 | ▲ € 58,844 |
| Profit after taxes | € -32,697 | € 302,675 | € -72,934 | € 9,851 | ▲ € 82,785 |
| Equity | € 83,834 | € 386,510 | € 313,576 | € 323,427 | ▲ 3% |
| Total debts | € 392,168 | € 1,208,446 | € 1,539,518 | € 1,999,927 | ▲ 30% |
| Cash | € 54,954 | € 132,677 | € 4,514 | € 5,074 | ▲ 12% |
| Land & buildings | € 421,048 | € 1,633,677 | € 1,956,232 | € 2,359,960 | ▲ 21% |
| Retained profit | € -411,953 | € -109,277 | € 313,576 | € -172,361 | ▼ € 485,936 |
| Bank debt | € 0 | € 800,000 | € 0 | € 0 | |
| Balance sheet total | € 476,002 | € 1,792,652 | € 2,045,746 | € 2,510,963 | ▲ 23% |
Key figures of MSH RENOV, 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 MSH RENOV?
What happened at MSH RENOV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,851. filed late Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,697 loss in 2022 to € 9,851 profit in 2025.
Best year ever: 2023, with € 302,675 profit.
A new publication or filing at MSH RENOV? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MSH RENOV is Sybille Van Den Brule.
Directors
According to the 2025 annual accounts
Sybille Van Den Brule
Director
Establishments
Establishment units
Physical locations of this company
Raketlaan 13
1150 Sint-Pieters-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.910.046
- VAT number
- BE 0428.910.046
- Registered office
- Raketlaan 13, 1150 Sint-Pieters-Woluwe
- Names & denominations
- MSH RENOV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 1986
- Peppol
- Not registered