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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MSP Bois Engineering from Aywaille, company number BE0462417905, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year MSP Bois Engineering recorded revenue of € 13.2 million and equity of € 862,170. Compared with financial year 2024, the result moved from € -966,204 to € 1.5 million. 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 June 9, 2026.
€ 862,170
▲ € 1.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ still € 966,204 loss in 2024
Profit after tax over the fiscal year.
€ 2,902
▼ 98% 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 € -592,762.
People and assets in 2025
8.6
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 492,466
▲ 19% vs 2024
€ 57,300 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.
€ 14,645
▲ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 766,306
▼ 78% vs 2024
€ 233,604 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3.9 million
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 601,155
▲ 145% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,958,306 | € 3,403,120 | € 5,495,273 | € 13,224,448 | ▲ 141% |
| Gross margin | € 1,637,251 | € 460,488 | € 256,415 | € 2,369,607 | ▲ € 2.1 million |
| Profit after taxes | € -954,602 | € -1,094,874 | € -966,204 | € 1,451,224 | ▲ € 2.4 million |
| Equity | € 1,443,426 | € 439,530 | € -550,773 | € 862,170 | ▲ € 1.4 million |
| Total debts | € 7,762,886 | € 7,116,470 | € 10,894,913 | € 7,116,060 | ▼ 35% |
| Cash | € 277,997 | € 248,327 | € 150,285 | € 2,902 | ▼ 98% |
| Land & buildings | € 391,419 | € 347,615 | € 304,053 | € 0 | ▼ 100% |
| Retained profit | € 17,092 | € -1,077,782 | € -2,043,986 | € -592,762 | ▲ € 1.5 million |
| Bank debt | € 4,991,114 | € 4,354,921 | € 3,534,575 | € 766,306 | ▼ 78% |
| Balance sheet total | € 9,209,825 | € 7,556,360 | € 10,344,500 | € 7,978,590 | ▼ 23% |
| Employees (FTE) | 14.3 | 9 | 6.8 | 8.6 | ▲ 1.8 |
Key figures of MSP Bois Engineering, 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 Engineering?
What happened at MSP Bois Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million. Source: NBB ↗
- New establishment in Aywaille. KBO
- Start of the company according to the CBE. KBO
In short
From € 954,602 loss in 2022 to € 1.5 million profit in 2025.
Paid € 204,033 in corporate taxes since 2022.
Best year ever: 2025, with € 1.5 million profit.
On average € 275,500 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue du Pré Clamin 1
4920 Aywaille
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0462.417.905
- VAT number
- BE 0462.417.905
- Registered office
- Rue du Pré Clamin 1, 4920 Aywaille
- Names & denominations
- MSP Bois Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1998
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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