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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
69 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MSL from Brussel, company number BE0501737745, closed financial year 2025 with a result of € -1,901 after tax. For that financial year MSL recorded a gross margin of € 83,194 and equity of € -48,026. Compared with financial year 2024, the result moved from € 1,266 to € -1,901. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -48,026
▼ € 1,901 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,901
▼ still € 1,266 profit in 2024
Profit after tax over the fiscal year.
€ 6,108
▲ 154% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -66,626.
People and assets in 2025
€ 74,512
▼ 19% vs 2024
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.
€ 31,425
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,278
▼ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 86,468 | € 86,269 | € 106,811 | € 83,194 | ▼ 22% |
| Profit after taxes | € -12,262 | € -19,773 | € 1,266 | € -1,901 | ▼ € 3,167 |
| Equity | € -27,618 | € -47,391 | € -46,125 | € -48,026 | ▼ € 1,901 |
| Total debts | € 108,749 | € 146,655 | € 120,160 | € 153,942 | ▲ 28% |
| Cash | € 17,305 | € 46,175 | € 2,404 | € 6,108 | ▲ 154% |
| Retained profit | € -46,218 | € -65,991 | € -64,725 | € -66,626 | ▼ € 1,901 |
| Balance sheet total | € 81,131 | € 99,265 | € 74,035 | € 105,917 | ▲ 43% |
Key figures of MSL, 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 MSL?
What happened at MSL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,901 (▼ € 3,167 vs 2024). filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,262 loss in 2022 to € 1,901 loss in 2025.
Paid € 600 in corporate taxes since 2022.
Best year ever: 2024, with € 1,266 profit.
Establishments
Establishment units
Physical locations of this company
Congresstraat 37
1000 Brussel
Boulevard Joseph Tirou 88
6000 Charleroi
Active since 1 April 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 69 companies are registered at this address.
All companies at this address →Groupement des Importateurs Belges de Charbons Americains
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€ 243,745 gross margin · 2025
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€ -28,314 gross margin · 2025
AXIMAS
€ 14,453 gross margin · 2025
+64 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
- 0501.737.745
- VAT number
- BE 0501.737.745
- Registered office
- Congresstraat 37, 1000 Brussel
- Names & denominations
- MSL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2012
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Cafés en bars