MSBE is a clothing shop in Antwerpen. Public Limited, started on 5 October 2016, 21 establishments.

What is the address of MSBE?

The registered office of MSBE is located at Kipdorpvest 28, 2000 Antwerpen.

Is MSBE still active?

Yes. According to the CBE (2 October 2026) MSBE is active, legal situation “Normale toestand”, started on 5 October 2016.

Is MSBE registered on Peppol?

Yes, MSBE is registered on the Peppol network with ID 0208:0663846125.

What is the enterprise number of MSBE?

The enterprise number of MSBE is BE0663846125.

When was MSBE founded?

MSBE was founded on 5 October 2016.

Who are the directors of MSBE?

According to the 2025 annual accounts, the directors of MSBE are: Richard Assen, Dennis Mok.

Is MSBE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 October 2016; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 21 establishments in the CBE.

How much profit did MSBE make in 2025?

MSBE posted a profit after taxes of € 131,096 in financial year 2025.

What is the revenue of MSBE?

In its most recent annual accounts (2025), MSBE reported revenue of € 10,879,362.

How much does an employee at MSBE earn?

The average wage cost per full-time employee at MSBE was € 50,500 in 2025: staff costs of € 2.8 million for 54.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MSBE have?

According to the 2025 annual accounts, MSBE has 54.6 full-time equivalents (FTE).

MSBE (Public Limited) - Antwerpen - BE0663846125

Dossier MSBE, printed on 2 October 2026 from databakkes.be/en/0663846125/msbe. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MSBE from Antwerpen, company number BE0663846125, closed financial year 2025 with a result of € 131,096 after tax. For that financial year MSBE recorded revenue of € 10.9 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 202,610 to € 131,096. 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 October 1, 2026.

What it is worth Growing

€ 1.3 million

▲ 12% vs 2024

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

Profit Healthy

€ 131,096

▼ 35% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.4 million

▼ 4% 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 € 1.2 million.

People and assets in 2025

Full-time equivalents

54.6

▲ 2.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.8 million

▲ 10% vs 2024

€ 50,500 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

Bank debt

None

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

Owed to suppliers

€ 993,908

▼ 31% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.

Taxes and wages

€ 415,558

▼ 34% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 10,560,770 Revenue 2022: € 10,560,770 First fiscal year in the series	€ 10,631,986 Revenue 2023: € 10,631,986 ▲ 1% vs 2022 (€ 10,560,770) Favourable step	€ 10,580,192 Revenue 2024: € 10,580,192 Unchanged (€ 10,631,986) Unfavourable step	€ 10,879,362 Revenue 2025: € 10,879,362 ▲ 3% vs 2024 (€ 10,580,192) Favourable step	▲ 3%
Profit after taxes	€ 137,468 Profit after taxes 2022: € 137,468 First fiscal year in the series	€ 68,588 Profit after taxes 2023: € 68,588 ▼ 50% vs 2022 (€ 137,468) Unfavourable step	€ 202,610 Profit after taxes 2024: € 202,610 ▲ 195% vs 2023 (€ 68,588) Favourable step	€ 131,096 Profit after taxes 2025: € 131,096 ▼ 35% vs 2024 (€ 202,610) Unfavourable step	▼ 35%
Equity	€ 868,245 Equity 2022: € 868,245 First fiscal year in the series	€ 936,833 Equity 2023: € 936,833 ▲ 8% vs 2022 (€ 868,245) Favourable step	€ 1,139,443 Equity 2024: € 1,139,443 ▲ 22% vs 2023 (€ 936,833) Favourable step	€ 1,270,539 Equity 2025: € 1,270,539 ▲ 12% vs 2024 (€ 1,139,443) Favourable step	▲ 12%
Total debts	€ 2,682,100 Total debts 2022: € 2,682,100 First fiscal year in the series	€ 2,491,164 Total debts 2023: € 2,491,164 ▼ 7% vs 2022 (€ 2,682,100) Favourable step	€ 2,457,418 Total debts 2024: € 2,457,418 ▼ 1% vs 2023 (€ 2,491,164) Favourable step	€ 1,662,011 Total debts 2025: € 1,662,011 ▼ 32% vs 2024 (€ 2,457,418) Favourable step	▼ 32%
Cash	€ 1,327,450 Cash 2022: € 1,327,450 First fiscal year in the series	€ 1,010,998 Cash 2023: € 1,010,998 ▼ 24% vs 2022 (€ 1,327,450) Unfavourable step	€ 1,477,132 Cash 2024: € 1,477,132 ▲ 46% vs 2023 (€ 1,010,998) Favourable step	€ 1,411,736 Cash 2025: € 1,411,736 ▼ 4% vs 2024 (€ 1,477,132) Unfavourable step	▼ 4%
Retained profit	€ 806,745 Retained profit 2022: € 806,745 First fiscal year in the series	€ 875,333 Retained profit 2023: € 875,333 ▲ 9% vs 2022 (€ 806,745) Favourable step	€ 1,077,943 Retained profit 2024: € 1,077,943 ▲ 23% vs 2023 (€ 875,333) Favourable step	€ 1,209,039 Retained profit 2025: € 1,209,039 ▲ 12% vs 2024 (€ 1,077,943) Favourable step	▲ 12%
Balance sheet total	€ 3,550,345 Balance sheet total 2022: € 3,550,345 First fiscal year in the series	€ 3,427,997 Balance sheet total 2023: € 3,427,997 ▼ 3% vs 2022 (€ 3,550,345) Unchanged	€ 3,596,861 Balance sheet total 2024: € 3,596,861 ▲ 5% vs 2023 (€ 3,427,997) Unchanged	€ 2,932,550 Balance sheet total 2025: € 2,932,550 ▼ 18% vs 2024 (€ 3,596,861) Unchanged	▼ 18%
Employees (FTE)	51.5 Employees (FTE) 2022: 51.5 First fiscal year in the series	52.8 Employees (FTE) 2023: 52.8 ▲ 1.3 vs 2022 (51.5) Unchanged	51.9 Employees (FTE) 2024: 51.9 ▼ 0.9 vs 2023 (52.8) Unchanged	54.6 Employees (FTE) 2025: 54.6 ▲ 2.7 vs 2024 (51.9) Unchanged	▲ 2.7

Key figures of MSBE, 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 MSBE?

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

2030 Richard Assen stepped down as director. NBB
2027 Dennis Mok stepped down as director. NBB
Oct 1, 2026 New annual accounts for financial year 2025: profit of € 131,096 (▼ 35% vs 2024). filed late Source: NBB ↗
May 21, 2026 New establishment in Aalst. KBO
Apr 23, 2026 New establishment in Hasselt. KBO
Sep 4, 2025 New establishment in Geel. KBO
2024 Richard Assen became a director. NBB
Nov 14, 2024 New establishment in Châtelet. KBO

In short

From € 137,468 profit in 2022 to € 131,096 profit in 2025.

Paid € 256,525 in corporate taxes since 2022.

Best year ever: 2024, with € 202,610 profit.

Pays suppliers within 49 days on average.

Original PDFs at the National Bank ↗

A new publication or filing at MSBE? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Directors

According to the 2025 annual accounts

Richard Assen

Director

since 2024 · until 2030

Dennis Mok

Director

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Kipdorpvest 28

2000 Antwerpen

2.259.311.627

Turnhoutsebaan 5 box 11

2110 Wijnegem

Active since 17 October 2016

2.259.312.122

Bergstraat 51

2220 Heist-op-den-Berg

Active since 17 October 2016

2.259.312.221

Grand'rue 143 box 80

6000 Charleroi

Active since 17 October 2016

2.259.312.419

Gasthuisstraat 14

2300 Turnhout

Active since 17 October 2016

2.259.312.518

Kerkstraat 75

8370 Blankenberge

Active since 17 October 2016

2.259.312.617

Rue de Mons(H) 163 box 28

7301 Boussu

Active since 17 October 2016

2.259.312.914

Ringlaan(Kor) 34 box 5

8500 Kortrijk

Active since 17 October 2016

2.259.313.013

Zeelaan 182

8660 De Panne

Active since 17 October 2016

2.259.313.112

Kapelstraat 100 box 108

9100 Sint-Niklaas

Active since 17 October 2016

2.259.313.211

Chaussée de Mons 18 box 99

1400 Nivelles

Active since 17 October 2016

2.259.313.310

Place des Grands Prés 19

7000 Mons

Active since 17 October 2016

2.259.313.409

Chaussée de Tongres 269

4000 Liège

Active since 17 October 2016

2.259.313.805

Rootenstraat 8

3600 Genk

Active since 17 October 2016

2.336.988.930

Kapellestraat 60

8400 Oostende

Active since 14 October 2022

2.336.989.029

Langemunt 7

9000 Gent

Active since 6 October 2022

2.365.637.087

Boulevard Walter de Marvis(TOU) 22

7500 Tournai

Active since 7 November 2024

2.365.637.780

Rue du Trieu-Kaisin 1/19

6200 Châtelet

Active since 14 November 2024

2.379.010.617

Nieuwstraat 31A

2440 Geel

Active since 4 September 2025

2.388.854.533

Koning Albertstraat 28

3500 Hasselt

Active since 23 April 2026

2.388.854.632

Kattestraat 25

9300 Aalst

Active since 21 May 2026

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 →

MAYFAIR BELGIË

€ 141,945 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

0663.846.125

VAT number

BE 0663.846.125

Registered office

Kipdorpvest 28, 2000 Antwerpen

Names & denominations

MSBE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

5 October 2016

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Detailhandel in damesbovenkleding

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

View on CBE Public ↗ Annual accounts (NBB) ↗

MSBE

Financials

What happened to MSBE?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions