Financials
Financial year 2024
MS from Ninove, company number BE0800140726, closed financial year 2024 with a result of € 26,531 after tax. For that financial year MS recorded a gross margin of € 29,119 and equity of € 100,651. Compared with financial year 2023, the result moved from € 64,120 to € 26,531. 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 August 28, 2025.
€ 100,651
▲ 36% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,531
▼ 59% vs 2023
Profit after tax over the fiscal year.
€ 8,206
▲ 117% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 90,651.
People and assets in 2024
€ 8,730
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 66,523
▲ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 69,284 | € 29,119 | ▼ 58% |
| Profit after taxes | € 64,120 | € 26,531 | ▼ 59% |
| Equity | € 74,120 | € 100,651 | ▲ 36% |
| Total debts | € 63,967 | € 66,523 | ▲ 4% |
| Cash | € 3,781 | € 8,206 | ▲ 117% |
| Retained profit | € 64,120 | € 90,651 | ▲ 41% |
| Balance sheet total | € 138,087 | € 167,175 | ▲ 21% |
Key figures of MS, fiscal years 2023 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 MS?
What happened at MS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 26,531 (▼ 59% vs 2023). filed late Source: NBB ↗
- New establishment in Ninove. KBO
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,120 profit in 2023 to € 26,531 profit in 2024.
Best year ever: 2023, with € 64,120 profit.
A new publication or filing at MS? 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 MS are AHMAD ARIAYE, AZHAR IQBAL, PARVEEN BILAL TASSADAQ, SHAFQUT JAVAID CHEEMA and BIBI HAYDER MUHAMMAD.
Directors
According to the 2024 annual accounts
AHMAD ARIAYE
Associate
AZHAR IQBAL
Associate
PARVEEN BILAL TASSADAQ
Associate
SHAFQUT JAVAID CHEEMA
Director
BIBI HAYDER MUHAMMAD
Associate
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 157
9402 Ninove
Brusselsesteenweg 341
9402 Ninove
Active since 18 July 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0800.140.726
- VAT number
- BE 0800.140.726
- Registered office
- Brusselsesteenweg 157, 9402 Ninove
- Names & denominations
- MS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2023
- Peppol
- Active · Active since 11 Feb 2026
- Activities · NACE
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