ACTIVE

MSQ

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Financial year 2025 · closed on 31/12/2025
Net result
435,3 k €
+1.2% YoY
Gross margin
555,9 k €
+16.5% YoY
Equity
1,9 M €
+29.3% YoY

What does MSQ do?

MSQ is a Private limited company incorporated in 2018. Its main activity is: Management consultancy activities. Its registered office is in Hoeilaart.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0700.413.046
Incorporation
26/07/2018
Legal form
Private limited company
Registered office
Tentrappenstraat 33
1560 Hoeilaart · FlandreSee on map
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
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 5 financial years

20252024202320222021
Income statement
Gross margin555,9 k €477 k €569,8 k €500,8 k €425,8 k €
EBITDA554,7 k €475,5 k €568,5 k €499,6 k €425,1 k €
Operating result548,8 k €475 k €559,7 k €490,8 k €416,4 k €
Net result435,3 k €430,1 k €441,1 k €380,8 k €321,2 k €
Balance sheet
Equity1,9 M €1,5 M €1,3 M €1 M €938,3 k €
Total assets2 M €1,7 M €1,5 M €1,4 M €1,1 M €
Cash401,9 k €43,4 k €266 k €960,4 k €704,8 k €
Debts56,3 k €246,2 k €251,5 k €344,8 k €124,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Fabien De Jonge

Director

Active

Ended mandates

Fabien Jean-Réne DE JONGE

Director · since 25 juillet 2018

Ended
Fabien Jean-Réne De Jonge

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date25/06/202601/07/202528/06/202403/07/202301/07/202225/06/2021
General meeting25/06/202626/06/202527/06/202429/06/202330/06/202224/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/06/202625/06/2026DutchPDF
Micro model31/12/202426/06/202501/07/2025DutchPDF
Micro model31/12/202327/06/202428/06/2024DutchPDF
Micro model31/12/202229/06/202303/07/2023DutchPDF
Micro model31/12/202130/06/202201/07/2022DutchPDF
Micro model31/12/202024/06/202125/06/2021DutchPDF
Micro model31/12/201925/06/202029/06/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 1 active · 2 ended

Active mandates

Fabien De Jonge

Director

Active

Ended mandates

Fabien Jean-Réne DE JONGE

Director · since 25 juillet 2018

Ended
Fabien Jean-Réne De Jonge

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/07/2018
    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 2025435,3 k €↑
  2. 2024
    Annual accounts 2024430,1 k €↓
  3. 2023
    Annual accounts 2023441,1 k €↑
  4. 2022
    Annual accounts 2022380,8 k €↑
  5. 2021
    Annual accounts 2021321,2 k €
  6. 26/07/2018
    IncorporationPrivate limited company