Warning lights
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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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MSB IMMO from Jette, company number BE0820953560, closed financial year 2025 with a result of € -14,264 after tax. For that financial year MSB IMMO recorded a gross margin of € 33,658 and equity of € 258,384. Compared with financial year 2024, the result moved from € 2,230 to € -14,264. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 17, 2026.
€ 258,384
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,264
▼ still € 2,230 profit in 2024
Profit after tax over the fiscal year.
€ 112,209
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,616.
People and assets in 2025
€ 4,602
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,798
▲ 208% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 267
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,347 | € 34,296 | € 51,447 | € 33,658 | ▼ 35% |
| Profit after taxes | € -5,466 | € -14,277 | € 2,230 | € -14,264 | ▼ € 16,494 |
| Equity | € 284,695 | € 270,418 | € 272,648 | € 258,384 | ▼ 5% |
| Total debts | € 422,634 | € 424,094 | € 419,816 | € 368,659 | ▼ 12% |
| Cash | € 83,276 | € 107,083 | € 142,402 | € 112,209 | ▼ 21% |
| Land & buildings | € 599,749 | € 569,123 | € 538,496 | € 507,869 | ▼ 6% |
| Retained profit | € 9,695 | € -4,582 | € -2,352 | € -16,616 | ▼ € 14,264 |
| Balance sheet total | € 707,329 | € 694,512 | € 692,464 | € 627,043 | ▼ 9% |
Key figures of MSB IMMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MSB IMMO?
What happened at MSB IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,264 (▼ € 16,494 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 5,466 loss in 2022 to € 14,264 loss in 2025.
Paid € 3,238 in corporate taxes since 2022.
Best year ever: 2024, with € 2,230 profit.
A new publication or filing at MSB IMMO? 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 MSB IMMO is Michel Bernard. Michel Bernard is also behind MB CLINIC.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Charles Woestelaan 145
1090 Jette
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
- 0820.953.560
- VAT number
- BE 0820.953.560
- Registered office
- Charles Woestelaan 145, 1090 Jette
- Names & denominations
- MSB IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2009
- Peppol
- Not registered