MSB is a repair service in Nandrin. Private Limited, started on 13 January 2015, 4 establishments.

What is the address of MSB?

The registered office of MSB is located at Rue d'Oxhon 2, 4550 Nandrin.

Yes. According to the CBE (30 October 2026) MSB is active, legal situation “Normale toestand”, started on 13 January 2015.

Is MSB registered on Peppol?

Yes, MSB is registered on the Peppol network with ID 0208:0568675366.

What is the enterprise number of MSB?

The enterprise number of MSB is BE0568675366.

When was MSB founded?

MSB was founded on 13 January 2015.

Who are the directors of MSB?

According to the 2025 annual accounts, the directors of MSB are: Cédric BUSIN.

Is MSB a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 January 2015; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 4 establishments in the CBE.

How much profit did MSB make in 2025?

MSB posted a profit after taxes of € 17,473 in financial year 2025.

What is the revenue of MSB?

As a small company, MSB is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 56,378.

MSB (Private Limited) - Nandrin - BE0568675366

Dossier MSB, printed on 30 October 2026 from databakkes.be/en/0568675366/msb. 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 48 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MSB from Nandrin, company number BE0568675366, closed financial year 2025 with a result of € 17,473 after tax. For that financial year MSB recorded a gross margin of € 56,378 and equity of € 110,153. Compared with financial year 2024, the result moved from € 23,310 to € 17,473. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.

What it is worth Growing

€ 110,153

▲ 19% vs 2024

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

Profit Healthy

€ 17,473

▼ 25% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,800

▼ 63% 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 € 90,153.

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.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 793 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 793

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 5,750

▲ 57% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 52,324

▼ 27% vs 2024

€ 21,385 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 61,206

▲ 21% vs 2024

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

Taxes

€ 4,842

▲ 3% vs 2024

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	€ 119,945 Gross margin 2022: € 119,945 First fiscal year in the series	€ 35,446 Gross margin 2023: € 35,446 ▼ 70% vs 2022 (€ 119,945) Unfavourable step	€ 55,231 Gross margin 2024: € 55,231 ▲ 56% vs 2023 (€ 35,446) Favourable step	€ 56,378 Gross margin 2025: € 56,378 ▲ 2% vs 2024 (€ 55,231) Favourable step	▲ 2%
Profit after taxes	€ 33,608 Profit after taxes 2022: € 33,608 First fiscal year in the series	€ 1,719 Profit after taxes 2023: € 1,719 ▼ 95% vs 2022 (€ 33,608) Unfavourable step	€ 23,310 Profit after taxes 2024: € 23,310 ▲ € 21,590 vs 2023 (€ 1,719) Favourable step	€ 17,473 Profit after taxes 2025: € 17,473 ▼ 25% vs 2024 (€ 23,310) Unfavourable step	▼ 25%
Equity	€ 81,769 Equity 2022: € 81,769 First fiscal year in the series	€ 83,488 Equity 2023: € 83,488 ▲ 2% vs 2022 (€ 81,769) Favourable step	€ 92,680 Equity 2024: € 92,680 ▲ 11% vs 2023 (€ 83,488) Favourable step	€ 110,153 Equity 2025: € 110,153 ▲ 19% vs 2024 (€ 92,680) Favourable step	▲ 19%
Total debts	€ 188,081 Total debts 2022: € 188,081 First fiscal year in the series	€ 182,341 Total debts 2023: € 182,341 ▼ 3% vs 2022 (€ 188,081) Favourable step	€ 161,256 Total debts 2024: € 161,256 ▼ 12% vs 2023 (€ 182,341) Favourable step	€ 122,061 Total debts 2025: € 122,061 ▼ 24% vs 2024 (€ 161,256) Favourable step	▼ 24%
Cash	€ 17,316 Cash 2022: € 17,316 First fiscal year in the series	€ 23,658 Cash 2023: € 23,658 ▲ 37% vs 2022 (€ 17,316) Favourable step	€ 29,058 Cash 2024: € 29,058 ▲ 23% vs 2023 (€ 23,658) Favourable step	€ 10,800 Cash 2025: € 10,800 ▼ 63% vs 2024 (€ 29,058) Unfavourable step	▼ 63%
Retained profit	€ 61,769 Retained profit 2022: € 61,769 First fiscal year in the series	€ 63,488 Retained profit 2023: € 63,488 ▲ 3% vs 2022 (€ 61,769) Favourable step	€ 72,680 Retained profit 2024: € 72,680 ▲ 14% vs 2023 (€ 63,488) Favourable step	€ 90,153 Retained profit 2025: € 90,153 ▲ 24% vs 2024 (€ 72,680) Favourable step	▲ 24%
Dividend	€ 9,000 Dividend 2022: € 9,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 9,000) Unchanged	€ 14,118 Dividend 2024: € 14,118 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 14,118) Unchanged	▼ 100%
Bank debt	€ 111,796 Bank debt 2022: € 111,796 First fiscal year in the series	€ 93,176 Bank debt 2023: € 93,176 ▼ 17% vs 2022 (€ 111,796) Favourable step	€ 71,994 Bank debt 2024: € 71,994 ▼ 23% vs 2023 (€ 93,176) Favourable step	€ 52,324 Bank debt 2025: € 52,324 ▼ 27% vs 2024 (€ 71,994) Favourable step	▼ 27%
Balance sheet total	€ 272,149 Balance sheet total 2022: € 272,149 First fiscal year in the series	€ 265,829 Balance sheet total 2023: € 265,829 ▼ 2% vs 2022 (€ 272,149) Unchanged	€ 253,936 Balance sheet total 2024: € 253,936 ▼ 4% vs 2023 (€ 265,829) Unchanged	€ 232,214 Balance sheet total 2025: € 232,214 ▼ 9% vs 2024 (€ 253,936) Unchanged	▼ 9%

Key figures of MSB, 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 MSB?

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

Jul 27, 2026 New annual accounts for financial year 2025: profit of € 17,473 (▼ 25% vs 2024). Source: NBB ↗
Jan 1, 2023 New establishment in Wanze. KBO
Apr 12, 2022 New establishment in Marche-en-Famenne. KBO
Dec 16, 2015 New establishment in Nandrin. KBO
Jan 13, 2015 New establishment in Nandrin. KBO
Jan 13, 2015 Start of the company according to the CBE. KBO

In short

From € 33,608 profit in 2022 to € 17,473 profit in 2025.

Paid € 27,109 in corporate taxes since 2022.

Best year ever: 2022, with € 33,608 profit.

Paid out € 23,118 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Cédric BUSIN

MSB

MSB Immo

Behind MSB is Cédric BUSIN. Cédric BUSIN is also behind MSB Immo.

Directors

According to the 2025 annual accounts

Cédric BUSIN

Director

Also active at: MSB Immo

Establishments

Establishment units

Physical locations of this company

Registered office

Rue d'Oxhon 2

4550 Nandrin

2.365.099.926

Chaussée de Tirlemont(WAN) 31

4520 Wanze

Active since 1 January 2023

2.365.100.025

Route du Condroz 9

4550 Nandrin

Active since 16 December 2015

2.365.100.124

Marche,Rue des Deux Provinces 9

6900 Marche-en-Famenne

Active since 12 April 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

MSB Immo same network

€ 211,484 gross margin · 2025

TOP WASH R.K

€ 158,218 gross margin · 2025

GROUPE MSB

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

Details

Company number

0568.675.366

VAT number

BE 0568.675.366

Registered office

Rue d'Oxhon 2, 4550 Nandrin

Names & denominations

MSB

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 January 2015

Peppol

Active · Active since 24 Nov 2025

Activities · NACE

Wassen en poetsen van motorvoertuigen

Goederenvervoer over de weg

Andere reinigingsactiviteiten

Detailhandel in onderdelen en accessoires van motorvoertuigen

Exploitatie van sportaccommodaties

Detailhandel in souvenirs en religieuze artikelen

Detailhandel in souvenirs en religieuze artikelen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

MSB