Financials
Financial year 2025
M.S. BELGIQUE from Brussel, company number BE0479700731, closed financial year 2025 with a result of € 88,162 after tax. For that financial year M.S. BELGIQUE recorded a gross margin of € 1.1 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 76,803 to € 88,162. Profitable, and profit is growing. 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 April 23, 2026.
€ 1.8 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,162
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 436,133
▲ € 390,948 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 180,120 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
21.3
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 947,895
▲ 10% vs 2024
€ 44,500 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 836,860
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 251,673
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,265,871 | - | - | - | |
| Gross margin | - | € 998,061 | € 928,230 | € 1,055,095 | ▲ 14% |
| Profit after taxes | € 27,734 | € 100,931 | € 76,803 | € 88,162 | ▲ 15% |
| Equity | € 1,882,572 | € 1,833,403 | € 1,850,166 | € 1,758,208 | ▼ 5% |
| Total debts | € 1,530,783 | € 1,713,936 | € 4,085,099 | € 1,374,340 | ▼ 66% |
| Cash | € 180,093 | € 170,312 | € 45,185 | € 436,133 | ▲ € 390,948 |
| Retained profit | € 348,624 | € 299,456 | € 316,219 | € 224,260 | ▼ 29% |
| Dividend | € 0 | € 150,100 | € 60,040 | € 180,120 | ▲ 200% |
| Bank debt | € 0 | € 0 | € 37,762 | € 0 | ▼ 100% |
| Balance sheet total | € 3,495,111 | € 3,553,604 | € 5,943,081 | € 3,139,563 | ▼ 47% |
| Employees (FTE) | 37.8 | 23.2 | 20.4 | 21.3 | ▲ 0.9 |
Key figures of M.S. BELGIQUE, 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 M.S. BELGIQUE?
What happened at M.S. BELGIQUE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Christophe Selles stepped down as director. NBB
- Petit Bateau SAS stepped down as director. NBB
- Vernet SAS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 88,162 (▲ 15% vs 2024). Source: NBB ↗
- Jean-Christophe Selles became a director. NBB
- Petit Bateau SAS became a director. NBB
- Vernet SAS became a director. NBB
- New establishment in Ukkel. KBO
In short
From € 27,734 profit in 2022 to € 88,162 profit in 2025.
Paid € 156,770 in corporate taxes since 2022.
Best year ever: 2023, with € 100,931 profit.
On average € 49,500 of value added per employee in 2025.
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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
The shares are held by Petit Bateau Belgique (99.9%) and Petit Bateau SAS (0.1%).
Directors
According to the 2025 annual accounts
Jean-Christophe Selles
Managing director
since 2023 · until 2029
Director · represented by Alexandre Rubin
Owns 99.8% via Petit Bateau Belgique
Also active at: Petit Bâteau Belgique
since 2023 · until 2029
since 2023 · until 2029
Shareholders
Petit Bateau Belgique · holding of Petit Bateau SAS
99.9%
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gulden Vlieslaan 50
1000 Brussel
Woluwedal 70 box 31
1200 Sint-Lambrechts-Woluwe
Active since 27 March 2003
Kustlaan 131
8300 Knokke-Heist
Active since 31 March 2003
Chaussée de Bruxelles 230
1410 Waterloo
Active since 13 May 2003
Waterloosesteenweg 1308 box A
1180 Ukkel
Active since 10 September 2012
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
- 0479.700.731
- VAT number
- BE 0479.700.731
- Registered office
- Gulden Vlieslaan 50, 1000 Brussel
- Names & denominations
- M.S. BELGIQUE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 2003
- Peppol
- Active · Active since 23 Mar 2026
- Activities · NACE
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