Financials
Financial year 2025
MSF from Gent, company number BE0438900056, closed financial year 2025 with a result of € 55,601 after tax. For that financial year MSF recorded a gross margin of € 112,810 and equity of € 516,923. Compared with financial year 2024, the result moved from € 7,659 to € 55,601. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 20, 2025.
€ 516,923
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,601
▲ € 47,941 vs 2024
Profit after tax over the fiscal year.
€ 12,828
▼ 38% 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 € 396,923.
People and assets in 2025
€ 82,425
▲ 261% 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.
€ 400
▲ € 395 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,685
▲ 32% 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 | € 163,495 | € 120,430 | € 44,670 | € 112,810 | ▲ 153% |
| Profit after taxes | € 89,667 | € 63,319 | € 7,659 | € 55,601 | ▲ € 47,941 |
| Equity | € 390,345 | € 453,664 | € 461,323 | € 516,923 | ▲ 12% |
| Total debts | € 147,625 | € 55,254 | € 35,971 | € 18,928 | ▼ 47% |
| Cash | € 69,915 | € 10,360 | € 20,555 | € 12,828 | ▼ 38% |
| Land & buildings | € 436,689 | € 470,250 | € 453,605 | € 436,960 | ▼ 4% |
| Retained profit | € 270,345 | € 333,664 | € 341,323 | € 396,923 | ▲ 16% |
| Bank debt | € 129,897 | € 45,000 | € 25,000 | € 0 | ▼ 100% |
| Balance sheet total | € 549,418 | € 519,477 | € 506,965 | € 544,634 | ▲ 7% |
Key figures of MSF, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MSF?
What happened at MSF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,601 (▲ € 47,941 vs 2024). Source: NBB ↗
- Dirk Dewettinck became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 89,667 profit in 2022 to € 55,601 profit in 2025.
Paid € 99,623 in corporate taxes since 2022.
Best year ever: 2022, with € 89,667 profit.
Management
Behind MSF is Dirk Dewettinck.
Directors
According to the 2025 annual accounts
Dirk Dewettinck
Director
since 2000
Establishments
Establishment units
Physical locations of this company
Jozef Kluyskensstraat 25 box 34
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0438.900.056
- VAT number
- BE 0438.900.056
- Registered office
- Jozef Kluyskensstraat 25 bus 34, 9000 Gent
- Names & denominations
- MSF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 1989
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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