Age3 yrs
Real estate1 parcel · 3,082 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of MSPJ is 4.4% (elevated). The 2023 annual accounts show equity of €4k and a net result of €2k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone4.4%
Elevated
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 31-08-2025 | 31 d late | 2025-00484057 |
| 31-12-2023 | 31-07-2024 | 26-11-2024 | 118 d late | 2024-00604494 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2023, 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 strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€2k
Working capital€-149
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 31-08-2025 with the NBB · fiscal year 2024 · micro
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €4k |
| Net profit | €2k |
| Cash flow | €3k |
| Staff costs | - |
| Income taxes | €581 |
| Dividends | - |
| Total assets | €18k |
| Equity | €4k |
| Debt | €14k |
| of which ≤ 1y | €14k |
| of which > 1y | - |
| Working capital | €-149 |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.99 |
| Quick ratio | 0.99 |
| Working capital ratio | -0.8% |
| Solvency | 23.9% |
| Debt / equity | 3.19 |
| Long-term debt ratio | - |
| Interest coverage | 34.43 |
| Gross margin | - |
| Net margin | - |
| ROA | 12.8% |
| ROE | 53.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €18k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €4k |
| Current assets | 29/58 | €14k |
| Amounts receivable within one year | 40/41 | €13k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €18k |
| Equity | 10/15 | €4k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €14k |
| Amounts payable within one year | 42/48 | €14k |
| Trade debts payable within one year | 44 | €10k |
| Income statement | ||
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €3k |
| Financial charges | 65 | €106 |
| Result before taxes | 9903 | €3k |
| Income taxes | 67/77 | €581 |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
Ratios computed by Checked.
Health barometer
FY 2023 · computed48
/ 100
Fair
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Docteur Séverin(VEL) 685060 SambrevilleEstablishment units
1 locationMSPJ
since 20232.341.217.437
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,082 m²
Buildings1
Building footprint137 m²
Volume (LiDAR)894 m³
Tallest building8.8 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92129D0285/00M000 | Wallonia | 3,082 m² | 1 · 137 m² | 8.8 m · 2 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
Belgisch Staatsblad · acts
1 acts Address history · 1
03-10-2023
Registered-office move
All acts · 1
updated 2 years ago
2023
03-10-2023 Registered office moved within Sambreville
- Rue Saint Sang 32 à 5060 Sambreville → Rue Docteur Séverin 68 à 5060 Sambreville
Analysis
Financial profile
4 of 5 axes measured66
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
48
Profitability
100
Solvency
35
Growth
-
Stability
79
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 1,218 of the 21,158 companies in this sector. 635 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Landschapsverzorging81300Landschapsverzorging81300Bosbouw02100Bosbouw en bosbouwactiviteiten02100Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Verhuur en lease van sport- en recreatieartikelen77210Verhuur en lease van sport- en recreatieartikelen77210
Primary activity highlighted.
Names & trade names
| Legal nameFR | MSPJ |
Registered office
Rue Docteur Séverin(VEL) 68
5060 Sambreville, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.