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MS PROJECT

Active
Dethystraat 18 ·1060 Sint-Gillis (bij-Brussel), Belgium
KBO/BCE: BE 0793.300.246
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Age3 yrs
Staff (FTE)1.2

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MS PROJECT is 9.6% (elevated). The 2024 annual accounts show equity of €27k and a net result of €15k. Its solvency ranks better than 64% of 255 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
9.6% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Financials

Turnover€185k+30.9%
EBIT margin10.1%+2.9pp
Net result€15k+45.4%
Working capital€6k+47.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 01-10-2025 with the NBB · fiscal year 2024 · micro
€0€50k€100k€150k€200kRevenue 2023: €141k€141kOperating result 2023: €10k€10kNet result 2023: €10k€10kRevenue 2024: €185k€185kOperating result 2024: €19k€19kNet result 2024: €15k€15k20232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 53 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 44.1% 31.2%
better than 64% of 255 sector peers
Net result €15k €9k
better than 66% of 255 sector peers
Equity €27k €22k
better than 55% of 255 sector peers
Gross operating margin €42k €39k
better than 52% of 254 sector peers
Staff costs €19k €68k
higher than 25% of 140 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€185k
+30.9% 23-24
EBITDA
€23k
+65.7% 23-24
Net profit
€15k
+45.4% 23-24
Cash flow
€19k
+36.7% 23-24
Total assets
€61k
+174.4% 23-24
Equity
€27k
+121.4% 23-24
Working capital
€6k
+47.5% 23-24
Employees (FTE)
1
- 23-24
Staff costs
€19k
+41.0% 23-24
Income taxes
€4k
- 23-24
Debt
€34k
+238.4% 23-24
Debt ≤ 1y
€34k
+911.4% 23-24
Debt > 1y
€7k
- 23-24
Current ratio
1.17
-45.9% 23-24
Quick ratio
1.17
-45.9% 23-24
Solvency
44.1%
-19.3% 23-24
Debt / equity
1.27
+52.9% 23-24
ROE
54.8%
-34.3% 23-24
ROA
24.2%
-47.0% 23-24
Net margin
7.9%
+11.0% 23-24
EBITDA margin
12.2%
+26.5% 23-24
Interest coverage
298.62
-99.7% 23-24
Figures by fiscal year
Fiscal year2024
Revenue€185k
EBITDA€23k
Net profit€15k
Cash flow€19k
Staff costs€19k
Income taxes€4k
Dividends-
Total assets€61k
Equity€27k
Debt€34k
of which ≤ 1y€34k
of which > 1y-
Working capital€6k
Employees (FTE)1.2
Ratios (computed)
2024
Current ratio1.17
Quick ratio1.17
Working capital ratio9.4%
Solvency44.1%
Debt / equity1.27
Long-term debt ratio-
Interest coverage298.62
Gross margin22.5%
Net margin7.9%
ROA24.2%
ROE54.8%
EBITDA margin12.2%
Days sales outstanding77d
Days payable outstanding45d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€61k
Fixed assets 21/28€21k
Tangible fixed assets 22/27€21k
Current assets 29/58€40k
Amounts receivable within one year 40/41€39k
Cash & bank 54/58€646
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€61k
Equity 10/15€27k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€25k
Amounts payable 17/49€34k
Amounts payable within one year 42/48€34k
Trade debts payable within one year 44€18k
Income statement
Turnover 70€185k
Gross operating margin 9900€42k
Operating result 9901€19k
Financial income 75€0
Financial charges 65€76
Result before taxes 9903€19k
Income taxes 67/77€4k
Net result for the period 9904€15k
Result to be appropriated 9905€15k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
97 / 100 Excellent
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
MS PROJECT
Dethystraat 18, 1060 Sint-Gillis (bij-Brussel)Overige detailhandel, niet in winkels en exclusief markt- en straathandel
since 20222.337.710.193
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area57 m²
Buildings1
Building footprint58 m²
Volume (LiDAR)661 m³
Tallest building15.3 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21562A0122/02W000 Brussels 57 m² 1 · 58 m² 15.3 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health97Profitability75Solvency70Growth85Stability94
84 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 97
Profitability 75
Solvency 70
Growth 85
Stability 94

Ask AI about this company

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AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Postdiensten in het kader van de universele dienstverplichting53100Postdiensten in het kader van de universele dienstverplichting53100Overige posterijen en koeriers53200Overige posterijen en koeriers53200Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen47781Overige detailhandel, niet in winkels en exclusief markt- en straathandel47990
Primary activity highlighted.
Names & trade names
Legal nameFR MS PROJECT
Registered office
Dethystraat 18
1060 Sint-Gillis (bij-Brussel), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.