Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
MSJ Média from Namur, company number BE0761961427, closed financial year 2024 with a result of € -68,683 after tax. For that financial year MSJ Média recorded a gross margin of € 36,029 and equity of € -106,921. Compared with financial year 2023, the result moved from € 8,238 to € -68,683. 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 August 26, 2025.
€ -106,921
▼ € 68,683 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,683
▼ still € 8,238 profit in 2023
Profit after tax over the fiscal year.
€ 16,842
▲ € 13,633 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -126,921.
People and assets in 2024
€ 52,882
▼ 16% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 78,828
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 105,274
▼ 22% vs 2023
€ 33,552 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 43,104
▲ 62% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,849
▼ 75% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 33,148 | € 69,552 | € 122,829 | € 36,029 | ▼ 71% |
| Profit after taxes | € -44,723 | € -21,753 | € 8,238 | € -68,683 | ▼ € 76,921 |
| Equity | € -24,723 | € -46,476 | € -38,238 | € -106,921 | ▼ € 68,683 |
| Total debts | € 425,782 | € 310,915 | € 202,152 | € 233,647 | ▲ 16% |
| Cash | € 84,252 | € 55,410 | € 3,209 | € 16,842 | ▲ € 13,633 |
| Retained profit | € -44,723 | € -66,476 | € -58,238 | € -126,921 | ▼ € 68,683 |
| Bank debt | € 73,896 | € 168,040 | € 135,543 | € 105,274 | ▼ 22% |
| Balance sheet total | € 401,059 | € 264,439 | € 163,914 | € 126,726 | ▼ 23% |
Key figures of MSJ Média, 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 MSJ Média?
What happened at MSJ Média in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 68,683 (▼ € 76,921 vs 2023). filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,723 loss in 2021 to € 68,683 loss in 2024.
Best year ever: 2023, with € 8,238 profit.
A new publication or filing at MSJ Média? 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
Establishments
Establishment units
Physical locations of this company
Avenue d'Ecolys(RH) 2 box 11
5020 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →Etablissements Auguste Defoux
€ 55,269 gross margin · 2025
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€ 27,447 gross margin · 2025
A.A.S.V.
€ 2.6 million gross margin · 2024
DEBUT
€ 443,180 gross margin · 2025
ISMANARA
€ 904,944 gross margin · 2025
+68 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0761.961.427
- VAT number
- BE 0761.961.427
- Registered office
- Avenue d'Ecolys(RH) 2 bus 11, 5020 Namur
- Names & denominations
- MSJ Média
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2021
- Peppol
- Active · Active since 15 Mar 2021
- Activities · NACE
Activiteiten op het gebied van de distributie van films en video’s
Mediarepresentatie
Productie van video en film, muv bioscoop- en televisiefilms
Productie van televisiefilms
Activiteiten van reclamebureaus