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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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Busy address KBO
42 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MSC CRUISES BELGIUM from Anderlecht, company number BE0445788541, closed financial year 2025 with a result of € 105,951 after tax. For that financial year MSC CRUISES BELGIUM recorded a gross margin of € 3.7 million and equity of € 581,971. Compared with financial year 2024, the result moved from € 92,922 to € 105,951. 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 May 13, 2026.
€ 581,971
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 105,951
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 55,245
▼ 28% 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 € 519,971.
People and assets in 2025
41
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 12% vs 2024
€ 83,100 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.
€ 36,910
▲ 10% 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.
€ 202,393
▲ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 349,069
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,931,789 | € 2,961,046 | € 3,291,314 | € 3,666,941 | ▲ 11% |
| Profit after taxes | € -21,696 | € 80,778 | € 92,922 | € 105,951 | ▲ 14% |
| Equity | € 302,320 | € 383,097 | € 476,019 | € 581,971 | ▲ 22% |
| Total debts | € 460,789 | € 608,727 | € 479,144 | € 568,690 | ▲ 19% |
| Cash | € 122,661 | € 138,485 | € 76,662 | € 55,245 | ▼ 28% |
| Retained profit | € 240,320 | € 321,097 | € 414,019 | € 519,971 | ▲ 26% |
| Balance sheet total | € 763,108 | € 991,825 | € 955,163 | € 1,150,661 | ▲ 20% |
| Employees (FTE) | 29.6 | 36 | 38.5 | 41 | ▲ 2.5 |
Key figures of MSC CRUISES BELGIUM, 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 MSC CRUISES BELGIUM?
What happened at MSC CRUISES BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Norbert Stiekema stepped down as director. NBB
- Frank Van Den Steen stepped down as director. NBB
- Maddalena de Gregorio stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 105,951 (▲ 14% vs 2024). Source: NBB ↗
- Maddalena de Gregorio became a director. NBB
- Björn Moriau stepped down as director. NBB
- Norbert Stiekema became a director. NBB
- Frank Van Den Steen became a director. NBB
In short
From € 21,697 loss in 2022 to € 105,951 profit in 2025.
Paid € 209,487 in corporate taxes since 2022.
Best year ever: 2025, with € 105,951 profit.
On average € 89,400 of value added per employee in 2025.
A new publication or filing at MSC CRUISES BELGIUM? 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
Directors
According to the 2025 annual accounts
Norbert Stiekema
Chairman of the board
since 2025 · until 2030
Frank Van Den Steen
Director
since 2024 · until 2030
Maddalena de Gregorio
Director
since 2026 · until 2030
Björn Moriau
Director
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Internationalelaan 55 box F
1070 Anderlecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 42 companies are registered at this address.
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€ 39.1 million revenue · 2025
ATALIAN
€ 118.4 million revenue · 2022
+37 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.788.541
- VAT number
- BE 0445.788.541
- Registered office
- Internationalelaan 55 bus F, 1070 Anderlecht
- Names & denominations
- MSC CRUISES BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 1991
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
Reisbureaus
Activiteiten van reisbureaus