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 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MS Projects from Beersel, company number BE1017661543, closed financial year 2025 with a result of € -1,511 after tax. For that financial year MS Projects recorded a gross margin of € 15,543 and equity of € 74,489. The company made a loss. 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 31, 2026.
€ 74,489
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,511
Profit after tax over the fiscal year.
€ 54,023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1,511.
People and assets in 2025
€ 6,077
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 190,000
€ 7,048 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.
€ 25,799
Supplier invoices still open on the last day of the fiscal year.
€ 147
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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What happened to MS Projects?
What happened at MS Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,511. filed late Source: NBB ↗
- New establishment in Beersel. KBO
- Michael Rauw became a director. NBB
- Séverine Dusoleil became a director. NBB
- Start of the company according to the CBE. KBO
In short
Paid € 147 in corporate taxes since 2025.
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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 MS Projects are Michael Rauw and Séverine Dusoleil.
Directors
According to the 2025 annual accounts
Michael Rauw
Director
since 2024
Séverine Dusoleil
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Steenweg op Ukkel 94
1650 Beersel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1017.661.543
- VAT number
- BE 1017.661.543
- Registered office
- Steenweg op Ukkel 94, 1650 Beersel
- Names & denominations
- MS Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2024
- Peppol
- Not registered