What does MSC Holding do?

MSC Holding is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 21 December 2018, 1 establishment.

What is the address of MSC Holding?

The registered office of MSC Holding is located at Rue du Commerce 15, 4960 Malmedy.

Is MSC Holding still active?

Yes. According to the CBE (30 October 2026) MSC Holding is active, legal situation “Normale toestand”, started on 21 December 2018.

Is MSC Holding registered on Peppol?

Yes, MSC Holding is registered on the Peppol network with ID 0208:0716767246.

What is the enterprise number of MSC Holding?

The enterprise number of MSC Holding is BE0716767246.

When was MSC Holding founded?

MSC Holding was founded on 21 December 2018.

Who are the directors of MSC Holding?

According to the 2025 annual accounts, the directors of MSC Holding are: Stéphanie MERTENS, Céline MERTENS.

Is MSC Holding a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 December 2018; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MSC Holding make in 2025?

MSC Holding posted a profit after taxes of € 608,821 in financial year 2025.

What is the revenue of MSC Holding?

As a small company, MSC Holding is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 233,051.

MSC Holding (Private Limited) - Malmedy - BE0716767246

Dossier MSC Holding, printed on 30 October 2026 from databakkes.be/en/0716767246/msc-holding. 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 17 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MSC Holding from Malmedy, company number BE0716767246, closed financial year 2025 with a result of € 608,821 after tax. For that financial year MSC Holding recorded a gross margin of € 233,051 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 791,229 to € 608,821. 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 May 21, 2026.

What it is worth Growing

€ 1.9 million

▲ 43% vs 2024

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

Profit Healthy

€ 608,821

▼ 23% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 32,227

▼ 22% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 42,075 paid out

7 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 48,760

▼ 29% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 77,679

▼ 57% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 570

▼ 57% vs 2024

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

Taxes

€ 116,330

▲ 93% 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	€ 148,379 Gross margin 2022: € 148,379 First fiscal year in the series	€ 258,339 Gross margin 2023: € 258,339 ▲ 74% vs 2022 (€ 148,379) Favourable step	€ 267,363 Gross margin 2024: € 267,363 ▲ 3% vs 2023 (€ 258,339) Favourable step	€ 233,051 Gross margin 2025: € 233,051 ▼ 13% vs 2024 (€ 267,363) Unfavourable step	▼ 13%
Profit after taxes	€ 96,190 Profit after taxes 2022: € 96,190 First fiscal year in the series	€ 489,131 Profit after taxes 2023: € 489,131 ▲ € 392,940 vs 2022 (€ 96,190) Favourable step	€ 791,229 Profit after taxes 2024: € 791,229 ▲ 62% vs 2023 (€ 489,131) Favourable step	€ 608,821 Profit after taxes 2025: € 608,821 ▼ 23% vs 2024 (€ 791,229) Unfavourable step	▼ 23%
Equity	€ 366,529 Equity 2022: € 366,529 First fiscal year in the series	€ 615,660 Equity 2023: € 615,660 ▲ 68% vs 2022 (€ 366,529) Favourable step	€ 1,306,889 Equity 2024: € 1,306,889 ▲ 112% vs 2023 (€ 615,660) Favourable step	€ 1,873,635 Equity 2025: € 1,873,635 ▲ 43% vs 2024 (€ 1,306,889) Favourable step	▲ 43%
Total debts	€ 2,136,266 Total debts 2022: € 2,136,266 First fiscal year in the series	€ 2,147,651 Total debts 2023: € 2,147,651 ▲ 1% vs 2022 (€ 2,136,266) Unfavourable step	€ 1,513,999 Total debts 2024: € 1,513,999 ▼ 30% vs 2023 (€ 2,147,651) Favourable step	€ 1,411,975 Total debts 2025: € 1,411,975 ▼ 7% vs 2024 (€ 1,513,999) Favourable step	▼ 7%
Cash	€ 24,917 Cash 2022: € 24,917 First fiscal year in the series	€ 115,915 Cash 2023: € 115,915 ▲ € 90,998 vs 2022 (€ 24,917) Favourable step	€ 41,516 Cash 2024: € 41,516 ▼ 64% vs 2023 (€ 115,915) Unfavourable step	€ 32,227 Cash 2025: € 32,227 ▼ 22% vs 2024 (€ 41,516) Unfavourable step	▼ 22%
Retained profit	€ 316,529 Retained profit 2022: € 316,529 First fiscal year in the series	€ 565,660 Retained profit 2023: € 565,660 ▲ 79% vs 2022 (€ 316,529) Favourable step	€ 1,256,889 Retained profit 2024: € 1,256,889 ▲ 122% vs 2023 (€ 565,660) Favourable step	€ 1,823,635 Retained profit 2025: € 1,823,635 ▲ 45% vs 2024 (€ 1,256,889) Favourable step	▲ 45%
Dividend	€ 120,000 Dividend 2022: € 120,000 First fiscal year in the series	€ 240,000 Dividend 2023: € 240,000 ▲ 100% vs 2022 (€ 120,000) Unchanged	€ 100,000 Dividend 2024: € 100,000 ▼ 58% vs 2023 (€ 240,000) Unchanged	€ 42,075 Dividend 2025: € 42,075 ▼ 58% vs 2024 (€ 100,000) Unchanged	▼ 58%
Bank debt	€ 391,740 Bank debt 2022: € 391,740 First fiscal year in the series	€ 284,822 Bank debt 2023: € 284,822 ▼ 27% vs 2022 (€ 391,740) Favourable step	€ 181,250 Bank debt 2024: € 181,250 ▼ 36% vs 2023 (€ 284,822) Favourable step	€ 77,679 Bank debt 2025: € 77,679 ▼ 57% vs 2024 (€ 181,250) Favourable step	▼ 57%
Balance sheet total	€ 2,502,795 Balance sheet total 2022: € 2,502,795 First fiscal year in the series	€ 2,763,311 Balance sheet total 2023: € 2,763,311 ▲ 10% vs 2022 (€ 2,502,795) Unchanged	€ 2,820,889 Balance sheet total 2024: € 2,820,889 ▲ 2% vs 2023 (€ 2,763,311) Unchanged	€ 3,285,610 Balance sheet total 2025: € 3,285,610 ▲ 16% vs 2024 (€ 2,820,889) Unchanged	▲ 16%

Key figures of MSC 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 MSC Holding?

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

May 21, 2026 New annual accounts for financial year 2025: profit of € 608,821 (▼ 23% vs 2024). Source: NBB ↗
Jan 3, 2019 New establishment in Malmedy. KBO
Dec 21, 2018 Start of the company according to the CBE. KBO

In short

From € 96,190 profit in 2022 to € 608,821 profit in 2025.

Paid € 253,376 in corporate taxes since 2022.

Best year ever: 2024, with € 791,229 profit.

Paid out € 502,075 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Stéphanie MERTENS

Céline MERTENS

MSC Holding

FEYEN 80%

MERTENS-MATHY 50%

Behind MSC Holding are Stéphanie MERTENS and Céline MERTENS. It owns 80% of FEYEN and 50% of MERTENS-MATHY itself.

Directors

According to the 2025 annual accounts

Stéphanie MERTENS

Director

Also active at: MALMEDY TOURISME, MERTENS-MATHY, FEYEN S.A., M.M.D

Céline MERTENS

Director

Also active at: G.M.F., FEYEN S.A.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Commerce 15

4960 Malmedy

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 →

LA GLISSE DEUX

FEYEN S.A. same network

€ 1.1 million gross margin · 2025

ASSOCIATION DES COPROPRIETAIRES DE LA RESIDENCE MERTENS-FEYEN - MALMEDY

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

Details

Company number

0716.767.246

VAT number

BE 0716.767.246

Registered office

Rue du Commerce 15, 4960 Malmedy

Names & denominations

MSC Holding

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

21 December 2018

Peppol

Active · Active since 4 Nov 2025

Activities · NACE

Activiteiten van holdings

Holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van hoofdkantoren

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

MSC Holding

Warning lights

Financials

What happened to MSC Holding?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions