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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
N.V. MSE EUROPE S.A. from Steenokkerzeel, company number BE0860512437, closed financial year 2025 with a result of € 3.5 million after tax. For that financial year N.V. MSE EUROPE S.A. recorded revenue of € 15.8 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 2 million to € 3.5 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 22, 2025.
€ 3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.5 million
▲ 73% vs 2024
Profit after tax over the fiscal year.
€ 5 million
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3.5 million paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
29.5
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 3% vs 2024
€ 107,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,263
▼ 46% 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.
€ 1.7 million
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 558,862
▲ 66% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,290,750 | € 20,102,859 | € 13,670,169 | € 15,790,197 | ▲ 16% |
| Profit after taxes | € 1,922,305 | € 3,193,067 | € 2,000,625 | € 3,454,698 | ▲ 73% |
| Equity | € 3,023,520 | € 3,023,520 | € 3,023,520 | € 3,023,520 | |
| Total debts | € 6,657,325 | € 5,651,555 | € 3,812,555 | € 5,841,953 | ▲ 53% |
| Cash | € 2,884,826 | € 5,644,662 | € 4,256,227 | € 4,972,661 | ▲ 17% |
| Land & buildings | € 105,172 | € 86,244 | € 67,315 | € 41,026 | ▼ 39% |
| Retained profit | € 2,962,020 | € 2,962,020 | € 2,962,020 | € 2,962,020 | |
| Dividend | € 4,995,824 | € 3,193,067 | € 2,000,625 | € 3,454,698 | ▲ 73% |
| Bank debt | € 12,482 | € 12,952 | € 12,023 | € 0 | ▼ 100% |
| Balance sheet total | € 9,680,845 | € 8,675,075 | € 6,836,075 | € 8,865,472 | ▲ 30% |
| Employees (FTE) | 28.1 | 30.6 | 30.6 | 29.5 | ▼ 1.1 |
Key figures of N.V. MSE EUROPE S.A., 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 October 2026.
What happened to N.V. MSE EUROPE S.A.?
What happened at N.V. MSE EUROPE S.A. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tadahisa KURITA stepped down as director. NBB
- Takaki AMANO stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.5 million (▲ 73% vs 2024). Source: NBB ↗
- Tadahisa KURITA became a director. NBB
- Takaki AMANO became a director. NBB
- New establishment in Zaventem. KBO
- New establishment in Steenokkerzeel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.9 million profit in 2022 to € 3.5 million profit in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.5 million profit.
Paid out € 13.6 million in dividends to the owners in total.
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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
It owns 100% of MSE EUROPE TASIMALICIK ORGANZASYON LOJISTIK LTD SIRKETI itself.
Directors
According to the 2025 annual accounts
Tadahisa KURITA
Director
since 2023 · until 2026
Takaki AMANO
Managing director
since 2019 · until 2026
Establishments
Establishment units
Physical locations of this company
Vliegveld 749
1820 Steenokkerzeel
Hoge Wei 33
1930 Zaventem
Active since 1 June 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Domain
Domain
mse-europe.net
Registered
2012-09-27
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-09-27
Website info
Features
Security
Details
- Company number
- 0860.512.437
- VAT number
- BE 0860.512.437
- Registered office
- Vliegveld 749, 1820 Steenokkerzeel
- Names & denominations
- N.V. MSE EUROPE S.A.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 2003
- Peppol
- Active · Active since 21 Jan 2026
- Contact
- mse-europe.net
- Activities · NACE
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