ACTIVE

MSC

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Financial year 2025 · closed on 31/12/2025
Net result
6,6 k €
-57.9% YoY
Gross margin
842,8 k €
+22.6% YoY
Equity
548,2 k €
+1.2% YoY
Workforce
14,3 ETP
+17.2% YoY

What does MSC do?

MSC is a Private limited company incorporated in 2015. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Gent. It employs on average 14,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0628.525.851
Incorporation
09/04/2015
Legal form
Private limited company
Registered office
Kortrijksesteenweg 1177
9051 Gent · FlandreSee on map
Contributed capital
115 000,00 €
Latest accounts
31/12/2025
Average workforce
14,3 ETP
Activities (NACE)
56101Restaurants and mobile food service activities· main56111Restaurants and mobile food service activities56210Event catering activities56210Event catering activities
Joint committees (2)
  • 302
  • 3020
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201820172016
Income statement
Gross margin842,8 k €687,3 k €684,7 k €750,5 k €664,6 k €653,5 k €362,4 k €204,1 k €
EBITDA190,4 k €189,3 k €160,2 k €191,4 k €291,7 k €184,3 k €95,1 k €78,2 k €
Operating result42,7 k €53,6 k €48,9 k €112,5 k €225,2 k €124,1 k €38,8 k €20,4 k €
Net result6,6 k €15,7 k €10,4 k €74,5 k €183,8 k €81,1 k €13,9 k €1,5 k €
Balance sheet
Equity548,2 k €541,6 k €526 k €515,6 k €441,1 k €207,5 k €130,4 k €116,5 k €
Total assets1,7 M €1,6 M €1,3 M €1,5 M €1,2 M €809,3 k €794,6 k €643,8 k €
Cash137,7 k €123 k €123,7 k €391,7 k €451,3 k €97,9 k €24,8 k €8,6 k €
Debts1,2 M €1,1 M €736,6 k €990,2 k €736,4 k €586,8 k €664,2 k €527,3 k €
Other
Workforce14,3 ETP12,2 ETP13,6 ETP13,9 ETP12,5 ETP14,7 ETP8,5 ETP4,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Astrimax

Director · 0713.438.364

Represented by Sys Maxence

Active
Widam

Director · 0770.510.788

Represented by Willems Laurent

Active

Ended mandates

Astrimax

Director · 0713.438.364

Represented by Sys MAXENCE

Ended
Astrimax

Director · 0713.438.364

Represented by Maxence SYS

Ended
Astrimax

Manager · 0713.438.364

Represented by Sys Maxence

Ended
Laurent Willems

Director

Ended
At this address

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COSURE● Active
0466.374.218
COSURE GROUP● Active
0657.824.207
FILEX TUINBEHEER● Active
0438.635.285
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 date16/06/202627/06/202522/08/202407/07/202309/08/202231/08/2021
General meeting01/06/202601/06/202501/06/202401/06/202301/06/202201/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202616/06/2026DutchPDF
Abridged model31/12/202401/06/202527/06/2025DutchPDF
Abridged model31/12/202301/06/202422/08/2024DutchPDF
Abridged model31/12/202201/06/202307/07/2023DutchPDF
Abridged model31/12/202101/06/202209/08/2022DutchPDF
Abridged model31/12/202001/06/202131/08/2021DutchPDF
Abridged model31/12/201930/06/202028/07/2020DutchPDF
Abridged model31/12/201801/06/201920/08/2019DutchPDF
Abridged modelCorrection31/12/201730/06/201829/08/2018DutchPDF
Abridged model31/12/201730/06/201827/08/2018DutchPDF
Abridged model31/12/201601/06/201722/08/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Astrimax

Director · 0713.438.364

Represented by Sys Maxence

Active
Widam

Director · 0770.510.788

Represented by Willems Laurent

Active

Ended mandates

Astrimax

Director · 0713.438.364

Represented by Sys MAXENCE

Ended
Astrimax

Director · 0713.438.364

Represented by Maxence SYS

Ended
Astrimax

Manager · 0713.438.364

Represented by Sys Maxence

Ended
Laurent Willems

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/09/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/12/2022
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates25/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/04/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20256,6 k €↓
  2. 2024
    Annual accounts 202415,7 k €↑
  3. 2023
    Annual accounts 202310,4 k €↓
  4. 2022
    Annual accounts 202274,5 k €↓
  5. 2021
    Annual accounts 2021183,8 k €↑
  6. 2018
    Annual accounts 201881,1 k €↑
  7. 2017
    Annual accounts 201713,9 k €↑
  8. 2016
    Annual accounts 20161,5 k €
  9. 09/04/2015
    IncorporationPrivate limited company