Financials
Financial year 2025
MSBL from Waterloo, company number BE0825344888, closed financial year 2025 with a result of € 25,834 after tax. For that financial year MSBL recorded a gross margin of € 45,796 and equity of € 71,316. Compared with financial year 2024, the result moved from € 23,473 to € 25,834. Profitable, and profit is growing. 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 March 26, 2026.
€ 71,316
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,834
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 93,521
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 34,074 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 5,951
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,368
▼ 60% vs 2024
Loans from banks and other lenders, long and short.
€ 4,932
▲ € 4,552 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,564
▲ 59% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,256 | € 42,194 | € 47,115 | € 45,796 | ▼ 3% |
| Profit after taxes | € 20,442 | € 22,009 | € 23,473 | € 25,834 | ▲ 10% |
| Equity | € 56,065 | € 78,075 | € 79,556 | € 71,316 | ▼ 10% |
| Total debts | € 46,559 | € 33,090 | € 18,197 | € 51,958 | ▲ 186% |
| Cash | € 25,261 | € 70,735 | € 69,919 | € 93,521 | ▲ 34% |
| Retained profit | € 37,465 | € 59,475 | € 79,556 | € 71,316 | ▼ 10% |
| Dividend | € 0 | € 0 | € 3,391 | € 34,074 | ▲ € 30,682 |
| Bank debt | € 23,637 | € 17,284 | € 10,862 | € 4,368 | ▼ 60% |
| Balance sheet total | € 102,625 | € 111,165 | € 97,754 | € 123,274 | ▲ 26% |
Key figures of MSBL, 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 April 2027.
What happened to MSBL?
What happened at MSBL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,834 (▲ 10% vs 2024). Source: NBB ↗
- Capital increase of € 18,100, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Waterloo. KBO
In short
From € 20,442 profit in 2022 to € 25,834 profit in 2025.
Paid € 39,160 in corporate taxes since 2022.
Best year ever: 2025, with € 25,834 profit.
Paid out € 37,465 in dividends to the owners in total.
Management
Behind MSBL are Mofy Anna Sarr and Bertrand Lotteau. It owns 21.6% of Koloban itself.
Directors
According to the 2025 annual accounts
Mofy Anna Sarr
Director
Bertrand Lotteau
Director
Establishments
Establishment units
Physical locations of this company
Avenue de Normandie 1
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- Bertrand Bernard LOTTEAU(vennoot) 50%
- Mofy Anna SARR(vennoot) 50%
Incorporation
Source: Deed ↗- Lotteau Bertrand(vennoot) 98%
- Sarr Mofy(vennoot) 2%
Details
- Company number
- 0825.344.888
- VAT number
- BE 0825.344.888
- Registered office
- Avenue de Normandie 1, 1410 Waterloo
- Names & denominations
- MSBL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2010
- Peppol
- Active · Active since 19 Dec 2025
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