ACTIVE

MSP Bois Engineering

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Financial year 2025 · Closed on 31/12/2025

Net result1,5 M €+250,2 %over 1 year

Revenue13,2 M €+140,7 %over 1 year

Equity862,2 k €+256,5 %over 1 year

Workforce8,6 ETP+26,5 %over 1 year

Identity

Source · BCE/KBO

MSP Bois Engineering is a Public limited company incorporated in 1998. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Aywaille. It employs on average 8,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0462.417.905
Incorporation: 13/01/1998
Legal form: Public limited company
Registered office: Rue du Pré Clamin 1
4920 Aywaille · WallonieSee on map
Contributed capital: 299 718,93 €
Latest accounts: 31/12/2025
Average workforce: 8,6 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16230Manufacture of other builders' carpentry and joinery 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 45211Maintenance and repair of motor vehicles 71121Engineering activities and related technical consultancy 16230Manufacture of other builders' carpentry and joinery+17

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	13,2 M €	+141%	5,5 M €	+61.5%	3,4 M €	-31.4%	5 M €	+77.3%	2,8 M €
EBITDA	1,9 M €	+904%	-230,3 k €	+45.3%	-420,8 k €	-149%	852,9 k €	+116%	394,3 k €
Operating result	1,2 M €	+242%	-876,3 k €	-2.4%	-855,6 k €	-196%	-289,1 k €	-411%	93 k €
Net result	1,5 M €	+250%	-966,2 k €	+11.8%	-1,1 M €	-14.7%	-954,6 k €	-0.8%	-947,1 k €
Balance sheet
Equity	862,2 k €	+257%	-550,8 k €	-225%	439,5 k €	-69.5%	1,4 M €	-42.4%	2,5 M €
Total assets	8 M €	-22.9%	10,3 M €	+36.9%	7,6 M €	-18.0%	9,2 M €	-13.4%	10,6 M €
Cash	2,9 k €	-98.1%	150,3 k €	-39.5%	248,3 k €	-10.7%	278 k €	+208%	90,2 k €
Debts	7,1 M €	-34.7%	10,9 M €	+56.6%	7 M €	-7.1%	7,5 M €	-5.1%	7,9 M €
Other
Workforce	8,6 ETP	+26.5%	6,8 ETP	-24.4%	9,0 ETP	-37.1%	14,3 ETP	-18.8%	17,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Philippe MOUTSCHEN	MandateManaging director31/01/2022 → 2022 accountsendedDirector2020 accountsended
Patrick MOUTSCHEN	MandateDirector31/01/2022 → 2022 accountsendedManaging director2013 accountsended
COREMAN0871.720.885Represented by Eric Doff-Sotta	Mandate
LUXEMBOURG DEVELOPPEMENT0862.540.628Represented by JACQUES PERARD	Mandate
SPARAXIS0452.116.307Represented by FRANCINE TURCK	Mandate
Vincent Doumier0502.670.529Represented by VINCENT DOUMIER	Mandate
Visium MV0800.534.763Represented by Marc-André Gennart	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CEDRIC MOUTSCHEN	Director01/12/2018 → 2022 accounts
0890073384 CAPITAL F CROISSANCES SCRL	Mandate2011 accounts
GILLES KOESTEL	Mandate2017 accounts
Gilles KOESTELA	Mandate2018 accounts

Other companies at this address

Rue du Pré Clamin 1 4920 Aywaille

Company	CBE no.
HEWY● Active	0776.519.444
IMAX PRO● Liquidation	0479.241.267
MOBIC PROMOTION● Active	0644.575.193
MSP Bois Groupe● Active	0804.438.420

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/06/2026	20/08/2025	02/07/2024	22/08/2023	30/09/2022	17/09/2021
General meeting	22/05/2026	25/04/2025	25/04/2024	28/07/2023	30/09/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/05/2026	09/06/2026	French	PDF
Abridged model	31/12/2024	25/04/2025	20/08/2025	French	PDF
Abridged model	31/12/2023	25/04/2024	02/07/2024	French	PDF
Abridged model	31/12/2022	28/07/2023	22/08/2023	French	PDF
Abridged model	31/12/2021	30/09/2022	30/09/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	17/09/2021	French	PDF
Abridged model	31/12/2019	06/07/2020	11/09/2020	French	PDF
Abridged model	31/12/2018	29/05/2019	25/06/2019	French	PDF
Abridged model	31/12/2017	31/05/2018	31/07/2018	French	PDF
Abridged model	31/12/2016	31/05/2017	02/08/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	27/05/2015	04/08/2015	French	PDF
Abridged model	31/12/2013	25/05/2014	18/07/2014	French	PDF
Abridged model	31/12/2012	29/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	17/07/2012	French	PDF
Abridged model	31/12/2010	31/05/2011	20/07/2011	French	PDF
Abridged model	31/12/2009	15/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	16/06/2009	30/06/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	01/07/2008	French	PDF
Abridged model	31/12/2006	22/06/2007	25/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Philippe MOUTSCHEN	MandateManaging director31/01/2022 → 2022 accountsendedDirector2020 accountsended
Patrick MOUTSCHEN	MandateDirector31/01/2022 → 2022 accountsendedManaging director2013 accountsended
COREMAN0871.720.885Represented by Eric Doff-Sotta	Mandate
LUXEMBOURG DEVELOPPEMENT0862.540.628Represented by JACQUES PERARD	Mandate
SPARAXIS0452.116.307Represented by FRANCINE TURCK	Mandate
Vincent Doumier0502.670.529Represented by VINCENT DOUMIER	Mandate
Visium MV0800.534.763Represented by Marc-André Gennart	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CEDRIC MOUTSCHEN	Director01/12/2018 → 2022 accounts
0890073384 CAPITAL F CROISSANCES SCRL	Mandate2011 accounts
GILLES KOESTEL	Mandate2017 accounts
Gilles KOESTELA	Mandate2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other30/09/2026
PROCES VERBAL DE L'ASSEMBLEE GENERALE ORDINAIRE DU 27
PDF
Mandates18/12/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
PDF
Mandates19/02/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates01/04/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates20/12/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates27/12/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office23/03/2016
SIEGE SOCIAL
PDF
Mandates27/06/2013
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

SPARAXIS

Vincent Doumier

Visium MV

LUXEMBOURG DEVELOPPEMENT

COREMAN

Patrick MOUTSCHEN

Jean-Philippe Moutschen

CEDRIC MOUTSCHEN

NAMUR INVEST CAPITAL RISQUE

ORSA ADMIN

0890073384 CAPITAL F CROISSANCES SCRL

GILLES KOESTEL

Show the 4 other mandates

19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MSP Bois EngineeringMOBIC

Rue du Pré Clamin 1, 4920 Aywaille

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Pré Clamin 1, 4920 AywailleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00168852

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MSP Bois EngineeringCurrent	accounts 2025	Accounts 2025 · 2026-00168852
MOBIC	accounts 2021 → 2024	Accounts 2024 · 2025-00394090

Events

2025
Annual accounts 20251,5 M €↑
2025
Name changeMSP Bois Engineering
2024
Annual accounts 2024-966,2 k €↑
2023
Annual accounts 2023-1,1 M €↓
2022
Annual accounts 2022-954,6 k €↓
2021
Annual accounts 2021-947,1 k €↓
2020
Annual accounts 2020-48,5 k €↓
2019
Annual accounts 201992,1 k €↑
2018
Annual accounts 201861,5 k €↑
2017
Annual accounts 201724,8 k €↓
2016
Annual accounts 2016119,2 k €↓
2015
Annual accounts 2015366,8 k €↓
2014
Annual accounts 2014528,1 k €↑
2013
Annual accounts 2013384,3 k €↑
2012
Annual accounts 2012119 k €↑
2011
Annual accounts 201154,4 k €↑
2010
Annual accounts 201050,9 k €↓
2009
Annual accounts 200954,7 k €↓
2008
Annual accounts 200872,5 k €↑
2007
Annual accounts 200716 k €↑
2006
Annual accounts 2006-13,8 k €
13/01/1998
IncorporationPublic limited company

MSP Bois Engineering

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events