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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
MSBD from Couvin, company number BE0675586984, closed financial year 2024 with a result of € -240,737 after tax. For that financial year MSBD recorded a gross margin of € 503,633 and equity of € -188,448. Compared with financial year 2023, the result moved from € -138,958 to € -240,737. 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 June 24, 2025.
€ -188,448
▼ € 240,737 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -240,737
▼ 73 % more loss than in 2023
Profit after tax over the fiscal year.
€ 57,643
▼ 36% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -247,448.
People and assets in 2024
10.8
Average over the fiscal year, from the social balance sheet.
€ 563,046
▲ 10% vs 2023
€ 52,100 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.
€ 19,829
▲ 12% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 755,690
▲ 13% vs 2023
€ 160,566 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 17,820
▼ 32% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 154,908
▲ 95% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 94,068 | € 760,592 | € 539,704 | € 503,633 | ▼ 7% |
| Profit after taxes | € 3,558 | € 60,990 | € -138,958 | € -240,737 | ▼ € 101,779 |
| Equity | € 130,256 | € 191,247 | € 52,289 | € -188,448 | ▼ € 240,737 |
| Total debts | € 48,927 | € 954,930 | € 868,976 | € 948,369 | ▲ 9% |
| Cash | € 13,734 | € 26,659 | € 89,947 | € 57,643 | ▼ 36% |
| Retained profit | € 71,256 | € 132,247 | € -6,711 | € -247,448 | ▼ € 240,737 |
| Bank debt | € 2,954 | € 723,857 | € 670,787 | € 755,690 | ▲ 13% |
| Balance sheet total | € 179,183 | € 1,258,857 | € 1,004,088 | € 759,920 | ▼ 24% |
| Employees (FTE) | - | 7.2 | 10.8 | 10.8 |
Key figures of MSBD, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MSBD?
What happened at MSBD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MSBD is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 240,737. Source: NBB ↗
- New establishment in Couvin. KBO
- New establishment in Manage. KBO
- New establishment in Charleroi. KBO
- Véronique Eveline Koninckx became a director. NBB
- Luca Davide M Blasi became a director. NBB
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,558 profit in 2021 to € 240,737 loss in 2024.
Paid € 27,393 in corporate taxes since 2021.
Best year ever: 2022, with € 60,990 profit.
On average € 46,600 of value added per employee in 2024.
Management
Behind MSBD are Véronique Eveline Koninckx and Luca Davide M Blasi.
Directors
According to the 2024 annual accounts
Véronique Eveline Koninckx
Director
since 2017
Luca Davide M Blasi
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Rue de la Motte, B.-en-F. 45
5660 Couvin
Avenue Général Michel 1 box C
6000 Charleroi
Active since 26 February 2020
Rue Jean Perrin 5 box A
7170 Manage
Active since 1 January 2022
Rue de la Gare 20
5660 Couvin
Active since 1 April 2023
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0675.586.984
- VAT number
- BE 0675.586.984
- Registered office
- Rue de la Motte, B.-en-F. 45, 5660 Couvin
- Names & denominations
- MSBD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 10 May 2017
- Peppol
- Not registered
- Contact
- [email protected]
- Activities · NACE
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten
Carrosserieherstelling (inclusief spuiten en verven)
Bandenservicebedrijven
Reparatie en onderhoud van andere apparatuur
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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