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 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MANAGEMENT SERVICES WALLONIE from Walcourt, company number BE0543743297, closed financial year 2025 with a result of € 6,074 after tax. For that financial year MANAGEMENT SERVICES WALLONIE recorded a gross margin of € 6,525 and equity of € -533,029. Compared with financial year 2024, the result moved from € 1,945 to € 6,074. Profitable, and profit is growing. 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 December 9, 2025.
€ -533,029
▲ € 6,074 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,074
▲ 212% vs 2024
Profit after tax over the fiscal year.
€ 239
▼ 93% 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 € -551,629.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 263
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,107 | € 80,981 | € 2,696 | € 6,525 | ▲ 142% |
| Profit after taxes | € -42,420 | € 79,122 | € 1,945 | € 6,074 | ▲ 212% |
| Equity | € -620,169 | € -541,047 | € -539,102 | € -533,029 | ▲ € 6,074 |
| Total debts | € 688,123 | € 556,057 | € 551,254 | € 533,313 | ▼ 3% |
| Cash | € 62 | € 1,842 | € 3,630 | € 239 | ▼ 93% |
| Retained profit | € -638,769 | € -559,647 | € -557,702 | € -551,629 | ▲ € 6,074 |
| Bank debt | € 1,807 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 67,954 | € 15,010 | € 12,152 | € 284 | ▼ 98% |
Key figures of MANAGEMENT SERVICES WALLONIE, 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 MANAGEMENT SERVICES WALLONIE?
What happened at MANAGEMENT SERVICES WALLONIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,074 (▲ 212% vs 2024). Source: NBB ↗
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,420 loss in 2022 to € 6,074 profit in 2025.
Paid € 1,605 in corporate taxes since 2022.
Best year ever: 2023, with € 79,122 profit.
Management
Behind MANAGEMENT SERVICES WALLONIE is Miguel WIBERT. Miguel WIBERT is also behind ETABLISSEMENTS HUBERT -MACQ, CHIMATEX, PROTECOM, LECHABERT and THE CIRCLE AGENCY.
Directors
According to the 2025 annual accounts
Miguel WIBERT
Director
Also active at: ETABLISSEMENTS HUBERT -MACQ, CHIMATEX, PROTECOM, LECHABERT, THE CIRCLE AGENCY, QUATREVENTS, SA CATERING BELGIUM, NEWCOSPORT +1 more
Establishments
Establishment units
Physical locations of this company
Route de Philippeville(Tar) 57
5651 Walcourt
Chemin du Petit-Bois, Mar. 9
5660 Couvin
Active since 3 January 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →PARTNERS EXPERTISE
€ 464,725 gross margin · 2025
CHIMATEX same network
€ 100,850 gross margin · 2025
PROJET ROCOURT
€ -1,912 gross margin · 2025
PARTNERS FIDUCIAIRE
€ 533,058 gross margin · 2025
ASSEC-IT
€ 7,314 gross margin · 2025
+22 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
- 0543.743.297
- VAT number
- BE 0543.743.297
- Registered office
- Route de Philippeville(Tar) 57, 5651 Walcourt
- Names & denominations
- MANAGEMENT SERVICES WALLONIE · M.S.W
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2014
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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