ACTIVE

M.S.P.

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Financial year 2025 · closed on 31/12/2025
Net result
92,1 k €
+11.7% YoY
Gross margin
235,1 k €
+3.8% YoY
Equity
641,8 k €
-35.6% YoY
Workforce
0,0 ETP

What does M.S.P. do?

M.S.P. is a Private limited company incorporated in 2002. Its main activity is: Architectural and engineering activities; technical testing and analysis. Its registered office is in Comines-Warneton.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0476.939.793
Incorporation
19/02/2002
Legal form
Private limited company
Registered office
Chaussée de Lille(WAR) 49 box A
7784 Comines-Warneton · WallonieSee on map
Contributed capital
20 460,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
71320Architectural and engineering activities; technical testing and analysis· main77320Rental and leasing of construction and civil engineering machinery and equipment77320Rental and leasing of construction and civil engineering machinery and equipment37000Sewerage37000Sewerage81230Cleaning activities+3
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin235,1 k €226,6 k €229,2 k €208,6 k €229,2 k €341,6 k €274,4 k €230,5 k €265 k €200,5 k €356,4 k €299,6 k €409,4 k €401,8 k €103,3 k €43,4 k €137 €13,1 k €
EBITDA231,8 k €225,1 k €224,6 k €206,1 k €227,9 k €341,1 k €274 k €230,1 k €262,2 k €199,9 k €355,8 k €299 k €408,6 k €401,4 k €102,7 k €43,1 k €137 €13,1 k €
Operating result117,9 k €99,5 k €93,6 k €69,8 k €81,5 k €178,8 k €191,8 k €116,8 k €129,9 k €99,5 k €209,4 k €210,1 k €303,3 k €316 k €85,6 k €37,7 k €137 €8,1 k €
Net result92,1 k €82,4 k €71,8 k €54,3 k €69,2 k €143,4 k €153,3 k €96 k €65,8 k €85,2 k €183,1 k €143,9 k €200,8 k €205,6 k €55,9 k €30,4 k €126 €7,7 k €
Balance sheet
Equity641,8 k €996,6 k €954,2 k €907,3 k €878,1 k €736,1 k €658,6 k €601,3 k €555,3 k €519,6 k €484,4 k €401,2 k €257,3 k €56,5 k €60,9 k €65 k €34,6 k €1,9 k €
Total assets1,2 M €1,2 M €1,5 M €1,5 M €1,4 M €1,2 M €975,4 k €987,7 k €909,2 k €923,1 k €876 k €552,6 k €588,9 k €403,3 k €173 k €248 k €61,7 k €28,9 k €
Cash39,1 k €36,1 k €926,6 €450,4 €42,9 k €20 k €14 k €134,1 k €144,8 k €76,7 k €29 k €19,1 k €9,2 k €133,5 k €52,5 k €5 k €57,8 k €15 k €
Debts500 k €248,7 k €568,2 k €564,7 k €533,8 k €501 k €313,2 k €386,4 k €353,9 k €403,5 k €391,6 k €148 k €323,8 k €336 k €98,3 k €166,2 k €10,4 k €27 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP––––––––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

LYSSOL

Director · since 15 novembre 2024 · 0438.292.619

Represented by Delle Vedove Renaldo

Active
Virginie Delle Vedove

Director · since 15 novembre 2024

Active

Ended mandates

LYSSOL

Director · since 31 décembre 2013 · 0438.292.619

Represented by Delle Vedove Renaldo

Ended
LYSSOL

Director · since 31 octobre 2013 · 0438.292.619

Represented by Delle Vedove Renaldo

Ended
LYSSOL

Manager · since 31 octobre 2013 · 0438.292.619

Represented by Rénaldo Delle Vedove

Ended
Virginie Delle Vedove

Director · since 02 juin 2002

Ended
At this address

Other companies at this address

CompanyCBE no.
LYSSOL● Active
0438.292.619
Rubanerie Nouvelle● Liquidation
0401.275.736
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/08/202628/08/202523/09/202429/08/202330/09/202227/08/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202618/08/2026FrenchPDF
Abridged model31/12/202406/06/202528/08/2025FrenchPDF
Abridged model31/12/202307/06/202423/09/2024FrenchPDF
Abridged model31/12/202202/06/202329/08/2023FrenchPDF
Abridged model31/12/202103/06/202230/09/2022FrenchPDF
Abridged model31/12/202004/06/202127/08/2021FrenchPDF
Abridged model31/12/201908/10/202009/11/2020FrenchPDF
Abridged model31/12/201828/06/201928/08/2019FrenchPDF
Abridged model31/12/201722/06/201817/09/2018FrenchPDF
Abridged model31/12/201620/06/201731/08/2017FrenchPDF
Abridged model31/12/201503/06/201631/08/2016FrenchPDF
Abridged model31/12/201405/06/201531/08/2015FrenchPDF
Abridged model31/12/201306/06/201412/08/2014FrenchPDF
Abridged model31/12/201207/06/201327/08/2013FrenchPDF
Abridged model31/12/201101/06/201216/08/2012FrenchPDF
Abridged model31/12/201003/06/201124/08/2011FrenchPDF
Abridged model31/12/200904/06/201024/08/2010FrenchPDF
Abridged model31/12/200805/06/200920/08/2009FrenchPDF
Abridged model31/12/200706/06/200818/07/2008FrenchPDF
Abridged model31/12/200601/06/200723/08/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

LYSSOL

Director · since 15 novembre 2024 · 0438.292.619

Represented by Delle Vedove Renaldo

Active
Virginie Delle Vedove

Director · since 15 novembre 2024

Active

Ended mandates

LYSSOL

Director · since 31 décembre 2013 · 0438.292.619

Represented by Delle Vedove Renaldo

Ended
LYSSOL

Director · since 31 octobre 2013 · 0438.292.619

Represented by Delle Vedove Renaldo

Ended
LYSSOL

Manager · since 31 octobre 2013 · 0438.292.619

Represented by Rénaldo Delle Vedove

Ended
Virginie Delle Vedove

Director · since 02 juin 2002

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/11/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates02/01/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/12/2009
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

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 202592,1 k €↑
  2. 2024
    Annual accounts 202482,4 k €↑
  3. 2023
    Annual accounts 202371,8 k €↑
  4. 2022
    Annual accounts 202254,3 k €↓
  5. 2021
    Annual accounts 202169,2 k €↓
  6. 2018
    Annual accounts 2018143,4 k €↓
  7. 2017
    Annual accounts 2017153,3 k €↑
  8. 2016
    Annual accounts 201696 k €↑
  9. 2015
    Annual accounts 201565,8 k €↓
  10. 2014
    Annual accounts 201485,2 k €↓
  11. 2013
    Annual accounts 2013183,1 k €↑
  12. 2012
    Annual accounts 2012143,9 k €↓
  13. 2011
    Annual accounts 2011200,8 k €↓
  14. 2010
    Annual accounts 2010205,6 k €↑
  15. 2009
    Annual accounts 200955,9 k €↑
  16. 2008
    Annual accounts 200830,4 k €↑
  17. 2007
    Annual accounts 2007126 €↓
  18. 2006
    Annual accounts 20067,7 k €
  19. 19/02/2002
    IncorporationPrivate limited company