ACTIVE

M.S.A. INTERNATIONAL

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Financial year 2025 · Closed on 30/09/2025

Net result-379,2 k €-894,4 %over 1 year
Gross margin234,8 k €-15,2 %over 1 year
Equity1,4 M €-23,0 %over 1 year
Workforce0,6 ETP

Identity

Source · BCE/KBO

M.S.A. INTERNATIONAL is a Private limited company incorporated in 2000. Its main activity is: Computer consultancy activities. Its registered office is in Geel. It employs on average 0,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.341.806
Incorporation
02/03/2000
Legal form
Private limited company
Registered office
Stationsstraat 82 box E
2440 Geel · FlandreSee on map
Contributed capital
1 943 044,00 €
Latest accounts
30/09/2025
Average workforce
0,6 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Positive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin234,8 k €276,8 k €231,8 k €124,6 k €173,6 k €
EBITDA108,8 k €246,9 k €210,8 k €102,4 k €154,1 k €
Operating result-225,3 k €45,9 k €50,7 k €-83,3 k €33 k €
Net result-379,2 k €-38,1 k €4,1 k €-131,1 k €4,6 k €
Balance sheet
Equity1,4 M €1,9 M €1,5 M €1,5 M €948 k €
Total assets8 M €6,5 M €5,2 M €4,2 M €2,5 M €
Cash39,4 k €122,7 k €236,1 k €179,9 k €40,8 k €
Debts6,6 M €4,7 M €3,6 M €2,7 M €1,6 M €
Other
Workforce0,6 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 7 ended

Active mandates

Philippe Van Elst

Director

Active

Ended mandates

Philippe Van Elst

Manager · since 01 janvier 2015

Ended
Philippe Albert Livina Jules Van Elst

Manager · since 01 décembre 2008

Ended
Juliaan Van Elst

Manager · since 01 octobre 2008

Ended
Juliaan Van Elst

Manager · until 31 décembre 2014

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/03/202625/04/202512/03/202406/04/202309/03/202205/03/2021
General meeting03/03/202604/03/202505/03/202407/03/202301/03/202202/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202503/03/202626/03/2026DutchPDF
Abridged model30/09/202404/03/202525/04/2025DutchPDF
Abridged model30/09/202305/03/202412/03/2024DutchPDF
Abridged model30/09/202207/03/202306/04/2023DutchPDF
Abridged model30/09/202101/03/202209/03/2022DutchPDF
Abridged model30/09/202002/03/202105/03/2021DutchPDF
Abridged model30/09/201903/03/202006/03/2020DutchPDF
Abridged model30/09/201805/03/201911/03/2019DutchPDF
Abridged model30/09/201706/03/201808/03/2018DutchPDF
Abridged model30/09/201607/03/201707/03/2017DutchPDF
Abridged model30/09/201501/03/201614/03/2016DutchPDF
Abridged model30/09/201403/03/201504/03/2015DutchPDF
Abridged model30/09/201304/03/201406/03/2014DutchPDF
Abridged model30/09/201205/03/201305/03/2013DutchPDF
Abridged model30/09/201106/03/201206/03/2012DutchPDF
Abridged model30/09/201001/03/201108/03/2011DutchPDF
Abridged model30/09/200902/03/201016/03/2010DutchPDF
Abridged model30/09/200803/03/200923/03/2009DutchPDF
Abridged model30/09/200704/03/200822/04/2008DutchPDF
Abridged model30/09/200606/03/200714/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/09/2025

1 active · 7 ended

Active mandates

Philippe Van Elst

Director

Active

Ended mandates

Philippe Van Elst

Manager · since 01 janvier 2015

Ended
Philippe Albert Livina Jules Van Elst

Manager · since 01 décembre 2008

Ended
Juliaan Van Elst

Manager · since 01 octobre 2008

Ended
Juliaan Van Elst

Manager · until 31 décembre 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other19/06/2026
    DOEL
    PDF
  • Other12/07/2023
    DIVERSEN
    PDF
  • Mandates27/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office06/04/2020
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares13/09/2019
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares19/07/2017
    KAPITAAL - AANDELEN
    PDF
  • Mandates07/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/10/2009
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-379,2 k €↓
  2. 2024
    Annual accounts 2024-38,1 k €↓
  3. 2023
    Annual accounts 20234,1 k €↑
  4. 2022
    Annual accounts 2022-131,1 k €↓
  5. 2021
    Annual accounts 20214,6 k €↓
  6. 2020
    Annual accounts 20209,1 k €↑
  7. 2019
    Annual accounts 2019-736,5 €↓
  8. 2018
    Annual accounts 201813,1 k €↑
  9. 2017
    Annual accounts 20174,2 k €↓
  10. 2016
    Annual accounts 201630,5 k €↑
  11. 2015
    Annual accounts 201512,8 k €↑
  12. 2014
    Annual accounts 20142 k €↓
  13. 2013
    Annual accounts 20135,8 k €↑
  14. 2012
    Annual accounts 20123,6 k €↑
  15. 2011
    Annual accounts 2011-9,8 k €↓
  16. 2010
    Annual accounts 20104,1 k €↓
  17. 2009
    Annual accounts 20094,7 k €↓
  18. 2008
    Annual accounts 200814,8 k €
  19. 02/03/2000
    IncorporationPrivate limited company