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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MSW Immo from Herent, company number BE0842455094, closed financial year 2025 with a result of € 43,878 after tax. For that financial year MSW Immo recorded a gross margin of € 182,231 and equity of € 597,838. Compared with financial year 2024, the result moved from € 41,023 to € 43,878. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 597,838
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,878
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 19,621
▲ 11% 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 € 297,838.
Debts at end 2025
€ 1 million
▼ 12% vs 2024
€ 139,451 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 4,188
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,268
▼ 26% 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 | € 184,047 | € 182,112 | € 183,136 | € 182,231 | |
| Profit after taxes | € 36,088 | € 37,219 | € 41,023 | € 43,878 | ▲ 7% |
| Equity | € 475,717 | € 512,936 | € 553,960 | € 597,838 | ▲ 8% |
| Total debts | € 1,697,631 | € 1,556,540 | € 1,412,274 | € 1,268,299 | ▼ 10% |
| Cash | € 38,054 | € 22,727 | € 17,663 | € 19,621 | ▲ 11% |
| Land & buildings | € 1,936,163 | € 1,854,885 | € 1,782,131 | € 1,702,396 | ▼ 4% |
| Retained profit | € 175,717 | € 212,936 | € 253,960 | € 297,838 | ▲ 17% |
| Bank debt | € 1,445,189 | € 1,319,900 | € 1,190,058 | € 1,048,865 | ▼ 12% |
| Balance sheet total | € 2,173,348 | € 2,069,476 | € 1,966,234 | € 1,866,137 | ▼ 5% |
Key figures of MSW 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 31 July 2027.
What happened to MSW Immo?
What happened at MSW Immo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,878 (▲ 7% vs 2024). Source: NBB ↗
- New establishment in Herent. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,088 profit in 2022 to € 43,878 profit in 2025.
Paid € 53,719 in corporate taxes since 2022.
Best year ever: 2025, with € 43,878 profit.
Management
The stake of SCHABOMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MSW ImmoBehind MSW Immo are Schaboma and Martin Schabon. The shares are held by SCHABOMA (100%).
Directors
According to the 2025 annual accounts
Director · represented by Martin Schabon
Also active at: BVO, SSW DHZ, MSW IMMO II, MSW Tienen, DHZ Klus, DHZ Lubbeek, MSW IMMO III
Martin Schabon
Vast vertegenwoordiger rechtspersoon
Also active at: BVO, Hope & Dream, SSW DHZ, MSW IMMO II, MSW Tienen, SCHABOMA, DHZ Klus, DHZ Lubbeek +1 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 6
3020 Herent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0842.455.094
- VAT number
- BE 0842.455.094
- Registered office
- Brusselsesteenweg 6, 3020 Herent
- Names & denominations
- MSW Immo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2011
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur en lease van andere consumentenartikelen, n.e.g.
Overige vormen van onderwijs
Handel in eigen onroerend goed