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 2 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MSP COMPANY from Elsene, company number BE0786552610, closed financial year 2025 with a result of € -154,177 after tax. For that financial year MSP COMPANY recorded a gross margin of € -85,640 and equity of € -197,775. Compared with financial year 2024, the result moved from € -68,931 to € -154,177. 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 July 28, 2026.
€ -197,775
▼ € 154,177 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -154,177
▼ 124 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,675
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -199,275.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 36,566
▼ 13% vs 2024
€ 36,600 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.
€ 56,020
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 189,412
▼ 29% vs 2024
€ 78,712 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 43,219
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,144
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 61,634 | € 83 | € -85,640 | ▼ € 85,723 |
| Profit after taxes | € 23,832 | € -68,931 | € -154,177 | ▼ € 85,246 |
| Equity | € 25,332 | € -43,598 | € -197,775 | ▼ € 154,177 |
| Total debts | € 479,974 | € 564,508 | € 435,795 | ▼ 23% |
| Cash | € 28,675 | € 14,773 | € 5,675 | ▼ 62% |
| Retained profit | € 23,832 | € -45,098 | € -199,275 | ▼ € 154,177 |
| Bank debt | € 277,454 | € 268,182 | € 189,412 | ▼ 29% |
| Balance sheet total | € 505,306 | € 520,909 | € 238,020 | ▼ 54% |
| Employees (FTE) | 0.9 | 1 | 1 |
Key figures of MSP COMPANY, fiscal years 2023 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 MSP COMPANY?
What happened at MSP COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 154,177. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,832 profit in 2023 to € 154,177 loss in 2025.
Paid € 6,511 in corporate taxes since 2023.
Best year ever: 2023, with € 23,832 profit.
On average € 100 of value added per employee in 2024.
A new publication or filing at MSP COMPANY? We notify you, reason included.
Follow MSP COMPANYDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 MSP COMPANY are Stéphane Driftig, Kamel Chaabani and Nicolas Demeer. The same people are also behind BOX CORNER, BRACKE INVEST and ENTRE-DEUX TRANSPORT. Stéphane Driftig is also behind CPL IMMO, TELEPRINCE, Lynel, ZEBRA IMMO and KS COMPANY. Kamel Chaabani is also behind ZEBRA IMMO, KS COMPANY, KML INVEST, BOX VILLAGE COMPANY and KS PROPERTIES. Nicolas Demeer is also behind KSN COMPANY and DM-INVEST.
Directors
According to the 2025 annual accounts
Stéphane Driftig
Director
Also active at: CPL IMMO, TELEPRINCE, Lynel, ZEBRA IMMO, KS COMPANY, AJ COMPANY, TELEPRINCE LIEGE, BOX VILLAGE COMPANY +17 more
Kamel Chaabani
Director
Also active at: ZEBRA IMMO, KS COMPANY, KML INVEST, BOX VILLAGE COMPANY, KS PROPERTIES, BOX CORNER, BRACKE INVEST, ENTRE-DEUX TRANSPORT +1 more
Nicolas Demeer
Director
Also active at: BOX CORNER, KSN COMPANY, DM-INVEST, BRACKE INVEST, ENTRE-DEUX TRANSPORT
Establishments
Establishment units
Physical locations of this company
Elsense Steenweg 14
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →CPL IMMO same network
€ 161,983 gross margin · 2025
Lynel same network
€ 110,854 gross margin · 2025
GEODE
€ -2,400 gross margin · 2025
ZEBRA IMMO same network
€ 16,899 gross margin · 2025
FINEDECLAIRE
€ -4,011 gross margin · 2025
+21 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
- 0786.552.610
- VAT number
- BE 0786.552.610
- Registered office
- Elsense Steenweg 14, 1050 Elsene
- Names & denominations
- MSP COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2022
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overige detailhandel in nieuwe artikelen in gespecialiseerde winkels, n.e.g.
Overige niet-gespecialiseerde detailhandel
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Opslag
Overige detailhandel in nieuwe artikelen neg
Handel in eigen onroerend goed
Detailhandel via postorderbedrijven of via internet