Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MSD Partners from Ellezelles, company number BE0864098170, closed financial year 2024 with a result of € -1,264 after tax. For that financial year MSD Partners recorded a gross margin of € 7,295 and equity of € 9,063. Compared with financial year 2023, the result moved from € -24,987 to € -1,264. The company made a loss. 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 July 2, 2025.
€ 9,063
▼ 12% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,264
▲ 95 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,008
▲ 170% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2,863.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 4,096
▼ 59% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3,170
▼ 56% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 951
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2020 | 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -8,146 | € 23,437 | € -2,392 | € 7,295 | ▲ € 9,687 |
| Profit after taxes | € -11,980 | € 17,207 | € -24,987 | € -1,264 | ▲ € 23,723 |
| Equity | € 29,420 | € 46,627 | € 10,327 | € 9,063 | ▼ 12% |
| Total debts | € 3,132 | € 8,849 | € 7,237 | € 4,122 | ▼ 43% |
| Cash | € 404 | - | € 373 | € 1,008 | ▲ 170% |
| Retained profit | € 23,219 | € 40,427 | € 4,127 | € 2,863 | ▼ 31% |
| Bank debt | € 0 | € 1 | € 0 | € 0 | |
| Balance sheet total | € 32,552 | € 55,476 | € 17,564 | € 13,184 | ▼ 25% |
Key figures of MSD Partners, fiscal years 2020 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 MSD Partners?
What happened at MSD Partners in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1,264. Source: NBB ↗
- New establishment in Ellezelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,980 loss in 2020 to € 1,264 loss in 2024.
Paid € 900 in corporate taxes since 2020.
Best year ever: 2021, with € 17,207 profit.
Establishments
Establishment units
Physical locations of this company
Vieux Moulin 6
7890 Ellezelles
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0864.098.170
- VAT number
- BE 0864.098.170
- Registered office
- Vieux Moulin 6, 7890 Ellezelles
- Names & denominations
- MSD Partners
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2004
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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