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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M.S. LEASE from Tienen, company number BE0472900833, closed financial year 2025 with a result of € 6,092 after tax. For that financial year M.S. LEASE recorded revenue of € 265,607 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 761 to € 6,092. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,092
▲ € 5,331 vs 2024
Profit after tax over the fiscal year.
€ 36,778
▼ 1% 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 € 1.5 million.
Debts at end 2025
€ 3.5 million
▼ 22% vs 2024
€ 890,357 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,462
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 4 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 283,200 | € 265,607 | ▼ 6% |
| Gross margin | € 209,519 | € 190,308 | - | - | |
| Profit after taxes | € 193,868 | € 71,007 | € 761 | € 6,092 | ▲ € 5,331 |
| Equity | € 1,470,536 | € 1,540,513 | € 1,540,244 | € 1,546,336 | |
| Total debts | € 5,693,798 | € 5,218,326 | € 5,281,119 | € 5,307,931 | ▲ 1% |
| Cash | € 36,958 | € 35,437 | € 37,152 | € 36,778 | ▼ 1% |
| Land & buildings | € 361,804 | € 342,533 | € 333,306 | € 325,413 | ▼ 2% |
| Retained profit | € 1,406,475 | € 1,477,483 | € 1,478,244 | € 1,484,336 | |
| Bank debt | € 5,071,354 | € 4,707,256 | € 4,516,920 | € 3,540,239 | ▼ 22% |
| Balance sheet total | € 7,173,409 | € 6,762,497 | € 6,821,362 | € 6,854,267 |
Key figures of M.S. LEASE, 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 April 2027.
What happened to M.S. LEASE?
What happened at M.S. LEASE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kevin Janssens stepped down as director. NBB
- Arne Van Gemert stepped down as director. NBB
- Bart Van Bockstal stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,092 (▲ € 5,331 vs 2024). Source: NBB ↗
- Pascale Snels stepped down as director. NBB
- Kevin Janssens became a director. NBB
- Arne Van Gemert became a director. NBB
- Bart Van Bockstal became a director. NBB
In short
From € 193,868 profit in 2022 to € 6,092 profit in 2025.
Paid € 22,082 in corporate taxes since 2022.
Best year ever: 2022, with € 193,868 profit.
Pays suppliers within 4 days on average.
Management
The stake of FIDES FORTUNA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
M.S. LEASEThe shares are held by FIDES FORTUNA (100%). It owns 100% of Liema itself.
Directors
According to the 2025 annual accounts
since 2019 · until 2025
Kevin Janssens
Director
Also active at: REGA INFRA, WEGEPLANT, G. & W., BRICA, LIEMA, VAN HOOREBEECK J., KELICO, HARTGERINK INVEST +3 more
since 2025 · until 2031
Arne Van Gemert
Managing director
Also active at: REGA INFRA, WEGEPLANT, G. & W., BRICA, LIEMA, VAN HOOREBEECK J., HARTGERINK INVEST, RELIANCE +3 more
since 2025 · until 2031
since 2025 · until 2031
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Ambachtenlaan 42
3300 Tienen
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0472.900.833
- VAT number
- BE 0472.900.833
- Registered office
- Ambachtenlaan 42, 3300 Tienen
- Names & denominations
- M.S. LEASE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 2000
- Peppol
- Active · Active since 2 Apr 2025
- Contact
- ms2000.be [email protected] 016 81 83 99
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken