M.S.A. is a forestry business in Büllingen. Private Limited, started on 7 February 2013, 1 establishment.

What is the address of M.S.A.?

The registered office of M.S.A. is located at Mürringen,Zur runden Heide 37, 4760 Büllingen.

Is M.S.A. still active?

Yes. According to the CBE (30 October 2026) M.S.A. is active, legal situation “Normale toestand”, started on 7 February 2013.

Is M.S.A. registered on Peppol?

Yes, M.S.A. is registered on the Peppol network with ID 0208:0504878862.

What is the enterprise number of M.S.A.?

The enterprise number of M.S.A. is BE0504878862.

When was M.S.A. founded?

M.S.A. was founded on 7 February 2013.

Who are the directors of M.S.A.?

According to the 2025 annual accounts, the directors of M.S.A. are: ANDREAS PALM.

Is M.S.A. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 February 2013; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did M.S.A. make in 2025?

M.S.A. posted a profit after taxes of € 37,167 in financial year 2025.

What is the revenue of M.S.A.?

As a small company, M.S.A. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 49,654.

M.S.A. (Private Limited) - Büllingen - BE0504878862

Dossier M.S.A., printed on 30 October 2026 from databakkes.be/en/0504878862/m-s-a. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

M.S.A. from Büllingen, company number BE0504878862, closed financial year 2025 with a result of € 37,167 after tax. For that financial year M.S.A. recorded a gross margin of € 49,654 and equity of € 26,213. Compared with financial year 2024, the result moved from € -8,652 to € 37,167. 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 August 25, 2026.

What it is worth Growing

€ 26,213

▲ € 37,167 vs 2024

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

Profit Growing

€ 37,167

▲ still € 8,652 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,960

▲ 110% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -52,787.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 6,216

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 233

▼ 29% vs 2024

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

Taxes

€ 888

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 31,297 Gross margin 2022: € 31,297 First fiscal year in the series	€ 15,499 Gross margin 2023: € 15,499 ▼ 50% vs 2022 (€ 31,297) Unfavourable step	€ 3,071 Gross margin 2024: € 3,071 ▼ 80% vs 2023 (€ 15,499) Unfavourable step	€ 49,654 Gross margin 2025: € 49,654 ▲ € 46,583 vs 2024 (€ 3,071) Favourable step	▲ € 46,583
Profit after taxes	€ -9,906 Profit after taxes 2022: € -9,906 First fiscal year in the series	€ 3,719 Profit after taxes 2023: € 3,719 ▲ € 13,625 vs 2022 (€ -9,906) Favourable step	€ -8,652 Profit after taxes 2024: € -8,652 ▼ € 12,371 vs 2023 (€ 3,719) Unfavourable step	€ 37,167 Profit after taxes 2025: € 37,167 ▲ € 45,819 vs 2024 (€ -8,652) Favourable step	▲ € 45,819
Equity	€ -6,021 Equity 2022: € -6,021 First fiscal year in the series	€ -2,302 Equity 2023: € -2,302 ▲ € 3,719 vs 2022 (€ -6,021) Favourable step	€ -10,953 Equity 2024: € -10,953 ▼ € 8,652 vs 2023 (€ -2,302) Unfavourable step	€ 26,213 Equity 2025: € 26,213 ▲ € 37,167 vs 2024 (€ -10,953) Favourable step	▲ € 37,167
Total debts	€ 120,229 Total debts 2022: € 120,229 First fiscal year in the series	€ 120,061 Total debts 2023: € 120,061 Unchanged (€ 120,229) Favourable step	€ 117,744 Total debts 2024: € 117,744 ▼ 2% vs 2023 (€ 120,061) Favourable step	€ 114,186 Total debts 2025: € 114,186 ▼ 3% vs 2024 (€ 117,744) Favourable step	▼ 3%
Cash	€ 5,488 Cash 2022: € 5,488 First fiscal year in the series	€ 17,814 Cash 2023: € 17,814 ▲ 225% vs 2022 (€ 5,488) Favourable step	€ 3,788 Cash 2024: € 3,788 ▼ 79% vs 2023 (€ 17,814) Unfavourable step	€ 7,960 Cash 2025: € 7,960 ▲ 110% vs 2024 (€ 3,788) Favourable step	▲ 110%
Land & buildings	€ 46,690 Land & buildings 2022: € 46,690 First fiscal year in the series	€ 46,690 Land & buildings 2023: € 46,690 Unchanged (€ 46,690) Unchanged	€ 46,690 Land & buildings 2024: € 46,690 Unchanged (€ 46,690) Unchanged	€ 46,690 Land & buildings 2025: € 46,690 Unchanged (€ 46,690) Unchanged
Retained profit	€ -85,021 Retained profit 2022: € -85,021 First fiscal year in the series	€ -81,302 Retained profit 2023: € -81,302 ▲ € 3,719 vs 2022 (€ -85,021) Favourable step	€ -89,953 Retained profit 2024: € -89,953 ▼ € 8,652 vs 2023 (€ -81,302) Unfavourable step	€ -52,787 Retained profit 2025: € -52,787 ▲ € 37,167 vs 2024 (€ -89,953) Favourable step	▲ € 37,167
Bank debt	€ 4,500 Bank debt 2022: € 4,500 First fiscal year in the series	€ 3,000 Bank debt 2023: € 3,000 ▼ 33% vs 2022 (€ 4,500) Favourable step	€ 1,500 Bank debt 2024: € 1,500 ▼ 50% vs 2023 (€ 3,000) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 1,500) Favourable step	▼ 100%
Balance sheet total	€ 114,208 Balance sheet total 2022: € 114,208 First fiscal year in the series	€ 117,760 Balance sheet total 2023: € 117,760 ▲ 3% vs 2022 (€ 114,208) Unchanged	€ 106,791 Balance sheet total 2024: € 106,791 ▼ 9% vs 2023 (€ 117,760) Unchanged	€ 140,400 Balance sheet total 2025: € 140,400 ▲ 31% vs 2024 (€ 106,791) Unchanged	▲ 31%

Key figures of M.S.A., 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.A.?

What happened at M.S.A. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 25, 2026 New annual accounts for financial year 2025: profit of € 37,167. filed late Source: NBB ↗
Apr 29, 2013 New establishment in Büllingen. KBO
Feb 7, 2013 Start of the company according to the CBE. KBO

In short

From € 9,906 loss in 2022 to € 37,167 profit in 2025.

Best year ever: 2025, with € 37,167 profit.

Original PDFs at the National Bank ↗

Management

ANDREAS PALM

M.S.A.

MOBELHAUS PALM

Behind M.S.A. is ANDREAS PALM. ANDREAS PALM is also behind MOBELHAUS PALM.

Directors

According to the 2025 annual accounts

ANDREAS PALM

Administrator-manager

Also active at: MOBELHAUS PALM

Establishments

Establishment units

Physical locations of this company

Registered office

Mürringen,Zur runden Heide 37

4760 Büllingen

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 →

MOBELHAUS PALM same network

€ 674,087 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

0504.878.862

VAT number

BE 0504.878.862

Registered office

Mürringen,Zur runden Heide 37, 4760 Büllingen

Names & denominations

M.S.A.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 February 2013

Peppol

Active · Active since 18 Dec 2025

Contact

msa-sapins.be [email protected]

Activities · NACE

Exploitatie van bossen

Zagen en schaven van hout

Goederenvervoer over de weg

Groothandel in hout

View on CBE Public ↗ Annual accounts (NBB) ↗

M.S.A.

Warning lights

Financials

What happened to M.S.A.?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions