MSG CONSULTING
0645.975.557 · rovalta.com · 21/09/2026
ACTIVE
MSG CONSULTING
Financial year 2025 · closed on 31/12/2025
Net result
29,2 k €
-18.5% YoY
Gross margin
52,3 k €
-15.7% YoY
Equity
100,3 k €
+39.5% YoY
Overview
What does MSG CONSULTING do?
MSG CONSULTING is a Private limited company incorporated in 2016. Its main activity is: Computer programming activities. Its registered office is in Alken.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0645.975.557
Incorporation
14/01/2016
Legal form
Private limited company
Registered office
Steenweg 415
3570 Alken · FlandreSee on map
3570 Alken · FlandreSee on map
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
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Financials
Trend over 10 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||
| Gross margin | 52,3 k € | -15.7% | 62,1 k € | +56.2% | 39,8 k € | -24.7% | 52,8 k € | -5.7% | 56 k € | +2.1% | 54,8 k € | +117% | 25,3 k € | -20.3% | 31,7 k € | +9.0% | 29,1 k € | -40.8% | 49,2 k € |
| EBITDA | 51 k € | -16.5% | 61,1 k € | +56.9% | 38,9 k € | -25.7% | 52,4 k € | -5.7% | 55,6 k € | +2.1% | 54,4 k € | +119% | 24,9 k € | -20.5% | 31,3 k € | +8.3% | 28,9 k € | -41.1% | 49,2 k € |
| Operating result | 42,9 k € | -18.5% | 52,6 k € | +70.9% | 30,8 k € | -33.2% | 46,1 k € | -3.1% | 47,6 k € | +3.0% | 46,2 k € | +206% | 15,1 k € | -31.9% | 22,2 k € | +0.5% | 22,1 k € | -53.1% | 47 k € |
| Net result | 29,2 k € | -18.5% | 35,9 k € | +83.9% | 19,5 k € | -42.2% | 33,8 k € | -4.6% | 35,4 k € | +3.4% | 34,2 k € | +266% | 9,3 k € | -31.9% | 13,7 k € | +2.4% | 13,4 k € | -58.8% | 32,5 k € |
| Balance sheet | |||||||||||||||||||
| Equity | 100,3 k € | +39.5% | 71,9 k € | +94.9% | 36,9 k € | +34.7% | 27,4 k € | +2.9% | 26,6 k € | +1.4% | 26,2 k € | -65.1% | 75,2 k € | +14.2% | 65,9 k € | +26.3% | 52,2 k € | +34.6% | 38,7 k € |
| Total assets | 166,9 k € | +10.7% | 150,8 k € | -3.7% | 156,6 k € | -1.9% | 159,6 k € | -6.5% | 170,6 k € | -6.9% | 183,2 k € | +1.3% | 180,9 k € | +1.4% | 178,4 k € | -7.3% | 192,5 k € | +242% | 56,2 k € |
| Cash | 32,4 k € | +63.3% | 19,9 k € | -22.0% | 25,5 k € | +16.8% | 21,8 k € | -33.2% | 32,6 k € | -7.3% | 35,2 k € | +108% | 16,9 k € | -21.3% | 21,5 k € | -62.2% | 56,8 k € | +289% | 14,6 k € |
| Debts | 66,7 k € | -15.5% | 78,9 k € | -33.9% | 119,4 k € | -9.7% | 132,2 k € | -8.2% | 144 k € | -8.3% | 157 k € | +49.1% | 105,3 k € | -6.4% | 112,6 k € | -19.8% | 140,3 k € | +702% | 17,5 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
Steven Martens
ActiveEnded mandates
Steven Martens
EndedSteven Martens
EndedSteven Martens
EndedStevens Martens
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 09/05/2026 | 24/03/2025 | 29/03/2024 | 10/07/2023 | 07/08/2023 | 19/07/2021 |
| General meeting | 06/03/2026 | 07/03/2025 | 01/03/2024 | 03/03/2023 | 04/03/2022 | 05/03/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
10 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 06/03/2026 | 09/05/2026 | Dutch | |
| Micro model | 31/12/2024 | 07/03/2025 | 24/03/2025 | Dutch | |
| Micro model | 31/12/2023 | 01/03/2024 | 29/03/2024 | Dutch | |
| Micro model | 31/12/2022 | 03/03/2023 | 10/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 04/03/2022 | 07/08/2023 | Dutch | |
| Micro model | 31/12/2020 | 05/03/2021 | 19/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 06/03/2020 | 31/03/2020 | Dutch | |
| Abridged model | 31/12/2018 | 01/03/2019 | 18/04/2019 | Dutch | |
| Abridged model | 31/12/2017 | 02/03/2018 | 05/03/2018 | Dutch | |
| Abridged model | 31/12/2016 | 03/03/2017 | 28/04/2017 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
Steven Martens
ActiveEnded mandates
Steven Martens
EndedSteven Martens
EndedSteven Martens
EndedStevens Martens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202529,2 k €↓
- 2024Annual accounts 202435,9 k €↑
- 2023Annual accounts 202319,5 k €↓
- 2022Annual accounts 202233,8 k €↓
- 2021Annual accounts 202135,4 k €↑
- 2020Annual accounts 202034,2 k €↑
- 2019Annual accounts 20199,3 k €↓
- 2018Annual accounts 201813,7 k €↑
- 2017Annual accounts 201713,4 k €↓
- 2016Annual accounts 201632,5 k €
- 14/01/2016IncorporationPrivate limited company