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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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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
MSF CLIMBING from Ukkel, company number BE0773519174, closed financial year 2025 with a result of € 139,705 after tax. For that financial year MSF CLIMBING recorded a gross margin of € 202,261 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 85,737 to € 139,705. Profitable, and profit is growing. 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 September 24, 2026.
€ 1.5 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 139,705
▲ 63% vs 2024
Profit after tax over the fiscal year.
€ 2,134
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 446,722.
Debts at end 2025
€ 562,515
▼ 15% vs 2024
€ 85,325 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 25,843
▼ 58% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 167,836 | € 181,537 | € 118,783 | € 202,261 | ▲ 70% |
| Profit after taxes | € 108,665 | € 126,565 | € 85,737 | € 139,705 | ▲ 63% |
| Equity | € 1,194,715 | € 1,321,280 | € 1,407,017 | € 1,546,722 | ▲ 10% |
| Total debts | € 790,313 | € 590,949 | € 742,062 | € 588,358 | ▼ 21% |
| Cash | € 66,329 | € 30,202 | € 9,110 | € 2,134 | ▼ 77% |
| Retained profit | € 94,715 | € 221,280 | € 307,017 | € 446,722 | ▲ 46% |
| Bank debt | € 713,075 | € 514,032 | € 662,958 | € 562,515 | ▼ 15% |
| Balance sheet total | € 1,985,028 | € 1,912,229 | € 2,149,079 | € 2,135,080 | ▼ 1% |
Key figures of MSF CLIMBING, 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 MSF CLIMBING?
What happened at MSF CLIMBING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Florian Delcoigne became a director. NBB
- Stéphane Hanssens became a director. NBB
- Merlin Didier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 108,665 profit in 2022 to € 139,705 profit in 2025.
Paid € 133,367 in corporate taxes since 2022.
Best year ever: 2025, with € 139,705 profit.
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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 MSF CLIMBING are Florian Delcoigne, Stéphane Hanssens and Merlin Didier. It owns 100% of Le Camp de base itself.
Directors
According to the 2025 annual accounts
Florian Delcoigne
Director
since 2021
since 2021
Merlin Didier
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Engelandstraat 455
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0773.519.174
- VAT number
- BE 0773.519.174
- Registered office
- Engelandstraat 455, 1180 Ukkel
- Names & denominations
- MSF CLIMBING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 2021
- Peppol
- Active · Active since 28 Aug 2025
- Contact
- [email protected]
- Activities · NACE
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