What does MSI SERVICES do?

MSI SERVICES is a warehousing company in Lokeren. Private Limited, started on 9 September 2002, 1 establishment.

What is the address of MSI SERVICES?

The registered office of MSI SERVICES is located at Zoomstraat 5, 9160 Lokeren.

Is MSI SERVICES still active?

Yes. According to the CBE (30 October 2026) MSI SERVICES is active, legal situation “Normale toestand”, started on 9 September 2002.

Is MSI SERVICES registered on Peppol?

Yes, MSI SERVICES is registered on the Peppol network with ID 0208:0478288192.

What is the enterprise number of MSI SERVICES?

The enterprise number of MSI SERVICES is BE0478288192.

When was MSI SERVICES founded?

MSI SERVICES was founded on 9 September 2002.

Who are the directors of MSI SERVICES?

According to the 2025 annual accounts, the directors of MSI SERVICES are: Geert Braeckman.

Is MSI SERVICES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 September 2002; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MSI SERVICES make in 2025?

MSI SERVICES recorded a loss after taxes of € 46,733 in financial year 2025.

What is the revenue of MSI SERVICES?

As a small company, MSI SERVICES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,181,462.

How much does an employee at MSI SERVICES earn?

The average wage cost per full-time employee at MSI SERVICES was € 53,600 in 2025: staff costs of € 867,753 for 16.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MSI SERVICES have?

According to the 2025 annual accounts, MSI SERVICES has 16.2 full-time equivalents (FTE).

MSI SERVICES (Private Limited) - Lokeren - BE0478288192

Dossier MSI SERVICES, printed on 30 October 2026 from databakkes.be/en/0478288192/msi-services. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MSI SERVICES from Lokeren, company number BE0478288192, closed financial year 2025 with a result of € -46,733 after tax. For that financial year MSI SERVICES recorded a gross margin of € 1.2 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 58,377 to € -46,733. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 22, 2026.

What it is worth Healthy

€ 1.6 million

▼ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -46,733

▼ still € 58,377 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 71,293

▼ 51% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.6 million.

People and assets in 2025

Full-time equivalents

16.2

▼ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 867,753

▲ 4% vs 2024

€ 53,600 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.

Vehicles and equipment

€ 777,373

▼ 8% vs 2024

Of which on lease € 723,882.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.2 million

▼ 9% vs 2024

€ 169,396 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 230,912

▲ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 173,121

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 765,213 Gross margin 2022: € 765,213 First fiscal year in the series	€ 907,892 Gross margin 2023: € 907,892 ▲ 19% vs 2022 (€ 765,213) Favourable step	€ 1,218,113 Gross margin 2024: € 1,218,113 ▲ 34% vs 2023 (€ 907,892) Favourable step	€ 1,181,462 Gross margin 2025: € 1,181,462 ▼ 3% vs 2024 (€ 1,218,113) Unfavourable step	▼ 3%
Profit after taxes	€ 75,649 Profit after taxes 2022: € 75,649 First fiscal year in the series	€ 5,700 Profit after taxes 2023: € 5,700 ▼ 92% vs 2022 (€ 75,649) Unfavourable step	€ 58,377 Profit after taxes 2024: € 58,377 ▲ € 52,677 vs 2023 (€ 5,700) Favourable step	€ -46,733 Profit after taxes 2025: € -46,733 ▼ € 105,110 vs 2024 (€ 58,377) Unfavourable step	▼ € 105,110
Equity	€ 1,966,658 Equity 2022: € 1,966,658 First fiscal year in the series	€ 1,972,249 Equity 2023: € 1,972,249 Unchanged (€ 1,966,658) Favourable step	€ 1,678,307 Equity 2024: € 1,678,307 ▼ 15% vs 2023 (€ 1,972,249) Unfavourable step	€ 1,631,573 Equity 2025: € 1,631,573 ▼ 3% vs 2024 (€ 1,678,307) Unfavourable step	▼ 3%
Total debts	€ 634,337 Total debts 2022: € 634,337 First fiscal year in the series	€ 2,024,075 Total debts 2023: € 2,024,075 ▲ 219% vs 2022 (€ 634,337) Unfavourable step	€ 1,764,425 Total debts 2024: € 1,764,425 ▼ 13% vs 2023 (€ 2,024,075) Favourable step	€ 1,609,846 Total debts 2025: € 1,609,846 ▼ 9% vs 2024 (€ 1,764,425) Favourable step	▼ 9%
Cash	€ 645,708 Cash 2022: € 645,708 First fiscal year in the series	€ 22,273 Cash 2023: € 22,273 ▼ 97% vs 2022 (€ 645,708) Unfavourable step	€ 146,229 Cash 2024: € 146,229 ▲ € 123,956 vs 2023 (€ 22,273) Favourable step	€ 71,293 Cash 2025: € 71,293 ▼ 51% vs 2024 (€ 146,229) Unfavourable step	▼ 51%
Land & buildings	€ 246,535 Land & buildings 2022: € 246,535 First fiscal year in the series	€ 314,576 Land & buildings 2023: € 314,576 ▲ 28% vs 2022 (€ 246,535) Unchanged	€ 305,487 Land & buildings 2024: € 305,487 ▼ 3% vs 2023 (€ 314,576) Unchanged	€ 264,916 Land & buildings 2025: € 264,916 ▼ 13% vs 2024 (€ 305,487) Unchanged	▼ 13%
Retained profit	€ 1,629,458 Retained profit 2022: € 1,629,458 First fiscal year in the series	€ 1,601,329 Retained profit 2023: € 1,601,329 ▼ 2% vs 2022 (€ 1,629,458) Unfavourable step	€ 1,659,707 Retained profit 2024: € 1,659,707 ▲ 4% vs 2023 (€ 1,601,329) Favourable step	€ 1,612,973 Retained profit 2025: € 1,612,973 ▼ 3% vs 2024 (€ 1,659,707) Unfavourable step	▼ 3%
Bank debt	€ 167,668 Bank debt 2022: € 167,668 First fiscal year in the series	€ 929,125 Bank debt 2023: € 929,125 ▲ € 761,457 vs 2022 (€ 167,668) Unfavourable step	€ 1,320,203 Bank debt 2024: € 1,320,203 ▲ 42% vs 2023 (€ 929,125) Unfavourable step	€ 1,199,161 Bank debt 2025: € 1,199,161 ▼ 9% vs 2024 (€ 1,320,203) Favourable step	▼ 9%
Balance sheet total	€ 2,600,996 Balance sheet total 2022: € 2,600,996 First fiscal year in the series	€ 3,996,324 Balance sheet total 2023: € 3,996,324 ▲ 54% vs 2022 (€ 2,600,996) Unchanged	€ 3,442,732 Balance sheet total 2024: € 3,442,732 ▼ 14% vs 2023 (€ 3,996,324) Unchanged	€ 3,241,420 Balance sheet total 2025: € 3,241,420 ▼ 6% vs 2024 (€ 3,442,732) Unchanged	▼ 6%
Employees (FTE)	11.8 Employees (FTE) 2022: 11.8 First fiscal year in the series	14.7 Employees (FTE) 2023: 14.7 ▲ 2.9 vs 2022 (11.8) Unchanged	16.6 Employees (FTE) 2024: 16.6 ▲ 1.9 vs 2023 (14.7) Unchanged	16.2 Employees (FTE) 2025: 16.2 ▼ 0.4 vs 2024 (16.6) Unchanged	▼ 0.4

Key figures of MSI SERVICES, 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 MSI SERVICES?

What happened at MSI SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 22, 2026 New annual accounts for financial year 2025: loss of € 46,733 (▼ € 105,110 vs 2024). Source: NBB ↗
Oct 23, 2002 New establishment in Lokeren. KBO
Sep 9, 2002 Start of the company according to the CBE. KBO

In short

From € 75,649 profit in 2022 to € 46,733 loss in 2025.

Paid € 66,014 in corporate taxes since 2022.

Best year ever: 2022, with € 75,649 profit.

On average € 72,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Geert Braeckman

MSI SERVICES

MULTI STORAGE INTERNATIONAL

Behind MSI SERVICES is Geert Braeckman. Geert Braeckman is also behind MULTI STORAGE INTERNATIONAL.

Directors

According to the 2025 annual accounts

Geert Braeckman

Director

Also active at: MULTI STORAGE INTERNATIONAL

Establishments

Establishment units

Physical locations of this company

Registered office

Zoomstraat 5

9160 Lokeren

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

MULTI STORAGE INTERNATIONAL same network

€ 185,451 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0478.288.192

VAT number

BE 0478.288.192

Registered office

Zoomstraat 5, 9160 Lokeren

Names & denominations

MSI SERVICES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 September 2002

Peppol

Active · Active since 8 Jul 2026

Activities · NACE

Opslag

Detailhandel in spellen en speelgoed

Gespecialiseerde detailhandel in spellen en speelgoed

Detailhandel in spellen en speelgoed in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

MSI SERVICES

Financials

What happened to MSI SERVICES?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions