Financials
Financial year 2025
MSDP HOLDING from Brussel, company number BE0684691524, closed financial year 2025 with a result of € 227,240 after tax. For that financial year MSDP HOLDING recorded a gross margin of € 53,264 and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 3.6 million to € 227,240. 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 April 16, 2026.
€ 4.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 227,240
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 28,331
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 195,240 paid out
86 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 191,262
▼ 19% vs 2024
€ 45,058 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 29,495
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,817
▲ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 183,616 | € 181,763 | € 3,667,056 | € 53,264 | ▼ 99% |
| Profit after taxes | € 224,868 | € 167,607 | € 3,619,735 | € 227,240 | ▼ 94% |
| Equity | € 568,724 | € 746,731 | € 4,166,467 | € 4,198,467 | ▲ 1% |
| Total debts | € 1,429,641 | € 951,720 | € 466,289 | € 302,820 | ▼ 35% |
| Cash | € 332,419 | € 6,255 | € 87,935 | € 28,331 | ▼ 68% |
| Retained profit | € 460,524 | € 628,131 | € 4,047,867 | € 4,079,867 | ▲ 1% |
| Dividend | € 0 | € 0 | € 200,000 | € 195,240 | ▼ 2% |
| Bank debt | € 1,292,114 | € 875,672 | € 236,319 | € 191,262 | ▼ 19% |
| Balance sheet total | € 1,998,365 | € 1,698,451 | € 4,632,755 | € 4,501,287 | ▼ 3% |
Key figures of MSDP HOLDING, 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 MSDP HOLDING?
What happened at MSDP HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 227,240 (▼ 94% vs 2024). Source: NBB ↗
- Stephan De Potter became a director. NBB
- Marc Smit BV became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 224,868 profit in 2022 to € 227,240 profit in 2025.
Paid € 93,196 in corporate taxes since 2022.
Best year ever: 2024, with € 3.6 million profit.
Paid out € 395,240 in dividends to the owners in total.
A new publication or filing at MSDP HOLDING? We notify you, reason included.
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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
Management
Behind MSDP HOLDING are Stephan De Potter and Marc Smit BV. It owns 35.9% of Cinéart itself.
Directors
According to the 2025 annual accounts
since 2021
Director · represented by Smit Marc
since 2021
Establishments
Establishment units
Physical locations of this company
Naamsestraat 72-74
1000 Brussel
Naamsestraat 72-74 box 8
1000 Brussel
Active since 14 November 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.691.524
- VAT number
- BE 0684.691.524
- Registered office
- Naamsestraat 72-74, 1000 Brussel
- Names & denominations
- MSDP HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2017
- Peppol
- Active · Active since 26 Mar 2025
- Contact
- [email protected] 022458700
- Activities · NACE
Activiteiten op het gebied van de distributie van films en video’s