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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MSM PRODUITS & SERVICES SPRL from Huy, company number BE0846478319, closed financial year 2025 with a result of € 357 after tax. For that financial year MSM PRODUITS & SERVICES SPRL recorded a gross margin of € 599 and equity of € -14,238. Compared with financial year 2024, the result moved from € 3,156 to € 357. The company is profitable. 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 August 27, 2026.
€ -14,238
▲ € 357 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 357
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 445
▼ 41% 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 € -22,238.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 40
▼ 80% 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 | € -12,247 | € -3,359 | € 4,275 | € 599 | ▼ 86% |
| Profit after taxes | € -13,620 | € -5,311 | € 3,156 | € 357 | ▼ 89% |
| Equity | € -12,441 | € -17,751 | € -14,595 | € -14,238 | ▲ € 357 |
| Total debts | € 19,730 | € 21,137 | € 15,576 | € 14,804 | ▼ 5% |
| Cash | € 133 | € 26 | € 750 | € 445 | ▼ 41% |
| Retained profit | € -20,441 | € -25,751 | € -22,595 | € -22,238 | ▲ € 357 |
| Bank debt | € 3,669 | € 4,766 | € 0 | € 0 | |
| Balance sheet total | € 7,290 | € 3,386 | € 981 | € 566 | ▼ 42% |
Key figures of MSM PRODUITS & SERVICES SPRL, 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 MSM PRODUITS & SERVICES SPRL?
What happened at MSM PRODUITS & SERVICES SPRL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 357 (▼ 89% vs 2024). filed late Source: NBB ↗
- Nadia Thonnes became a director. NBB
- New establishment in Huy. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,620 loss in 2022 to € 357 profit in 2025.
Paid € 345 in corporate taxes since 2022.
Best year ever: 2024, with € 3,156 profit.
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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 MSM PRODUITS & SERVICES SPRL is Nadia Thonnes.
Directors
According to the 2025 annual accounts
Nadia Thonnes
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Rue Capitaine Belletable 14
4500 Huy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0846.478.319
- VAT number
- BE 0846.478.319
- Registered office
- Rue Capitaine Belletable 14, 4500 Huy
- Names & denominations
- MSM PRODUITS & SERVICES SPRL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2012
- Peppol
- Active · Active since 2 Feb 2026
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