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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 405 days after the legal deadline.
Financials
Financial year 2024
Management Science Consulting from Verviers, company number BE0863136484, closed financial year 2024 with a result of € -47,658 after tax. For that financial year Management Science Consulting recorded revenue of € 50,375 and equity of € -14,601. Compared with financial year 2023, the result moved from € -9,630 to € -47,658. The company made a loss. 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 September 9, 2026.
€ -14,601
▼ € 47,658 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,658
▼ 395 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,547
▼ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -73,201.
People and assets in 2024
€ 47,644
▲ 34% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,771
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 14,251
€ 4,301 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,660
▲ € 4,656 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 27,838
▲ 66% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 113,996 | € 57,692 | € 82,053 | € 50,375 | ▼ 39% |
| Gross margin | € 76,415 | € 32,074 | € 29,687 | € 9,098 | ▼ 69% |
| Profit after taxes | € 26,515 | € -12,181 | € -9,630 | € -47,658 | ▼ € 38,029 |
| Equity | € 54,867 | € 42,686 | € 33,057 | € -14,601 | ▼ € 47,658 |
| Total debts | € 4,802 | € 8,170 | € 17,569 | € 56,476 | ▲ 221% |
| Cash | € 23,736 | € 22,964 | € 25,550 | € 1,547 | ▼ 94% |
| Retained profit | € -3,733 | € -15,914 | € -25,543 | € -73,201 | ▼ € 47,658 |
| Bank debt | € 0 | € 0 | € 0 | € 14,251 | |
| Balance sheet total | € 59,669 | € 50,856 | € 50,626 | € 41,874 | ▼ 17% |
Key figures of Management Science Consulting, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Management Science Consulting?
What happened at Management Science Consulting in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 47,658. filed late Source: NBB ↗
- New establishment in Verviers. KBO
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,515 profit in 2021 to € 47,658 loss in 2024.
Paid € 8,989 in corporate taxes since 2021.
Best year ever: 2021, with € 26,515 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
Establishments
Establishment units
Physical locations of this company
Chaussée de la Seigneurie 119
4800 Verviers
Chaussée de la Seigneurie 127
4800 Verviers
Active since 1 March 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0863.136.484
- VAT number
- BE 0863.136.484
- Registered office
- Chaussée de la Seigneurie 119, 4800 Verviers
- Names & denominations
- Management Science Consulting · Mascot
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2004
- Peppol
- Active · Active since 9 May 2025
- Activities · NACE
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