ACTIVE

MSA Holding - Architectes

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Financial year 2025 · closed on 31/12/2025
Net result
119,5 k €
-29.5% YoY
Gross margin
162,7 k €
-3.3% YoY
Equity
317,5 k €
+10.2% YoY
Workforce
0,0 ETP

What does MSA Holding - Architectes do?

MSA Holding - Architectes is a Private limited company incorporated in 2019. Its main activity is: Public relations and communication activities. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0740.518.982
Incorporation
27/12/2019
Legal form
Private limited company
Registered office
Place Eugène Flagey 7
1050 Ixelles · BruxellesSee on map
Contributed capital
4 500,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
70210Public relations and communication activities· main73300Advertising and market research64200Activities of holding companies64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities+6
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin162,7 k €168,2 k €128,2 k €94,2 k €93,9 k €
EBITDA161,3 k €167,8 k €125,9 k €93,8 k €93,9 k €
Operating result160,4 k €165,2 k €122,2 k €92,1 k €93,9 k €
Net result119,5 k €169,3 k €95,9 k €71,5 k €249,9 k €
Balance sheet
Equity317,5 k €288 k €272 k €273,7 k €252,2 k €
Total assets433,6 k €454,1 k €406 k €372,6 k €401,3 k €
Cash195,3 k €162 k €147,8 k €168,7 k €44,4 k €
Debts116,1 k €166,1 k €134 k €96,7 k €139,2 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Alain Simon

Managing director · since 23 décembre 2019

Active
Jean-Marc Simon

Managing director · since 23 décembre 2019

Active

Ended mandates

Benoit Moritz

Director · since 01 avril 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
3S RETAIL● Active
0649.987.397
4YOU SA● Active
0875.089.557
ATELIER 229, SOCIETE D'ARCHITECTES● Active
0883.752.449
BBS - SWECO● Active
1030.139.307
BRAINACTIVITY● Active
0885.174.389
Bruss● Active
0416.992.013
BRUXOPOLIS● Active
0442.418.978
BUREAU BAS SMETS● Active
0808.532.315
DENERGY● Active
0477.245.641
DOSSIER B● Active
0802.397.658
EF AIRCALL SERIES B1● Active
0721.967.337
EF AIRCALL SERIES B2● Active
0721.967.238
EF AIRCALL SERIES C CLUB● Active
0746.504.278
EF AIRCALL SERIES C TEAM● Active
0746.504.575
EF AIRCALL SERIES D CLUB SS● Active
0769.348.174
EF AIRCALL SERIES D TEAM SS● Active
0769.349.362
EF Bonjour Seed Club SS● Active
0750.494.047
EF CYCLE SEED CLUB● Active
0739.826.522
EF EQUIFY SEED CLUB● Active
0739.825.928
EF FOREST SERIES A CLUB● Active
0739.825.136
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202123/12/2019
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 months13 months
Filing date31/08/202609/10/202517/11/202430/09/202330/09/202230/09/2021
General meeting28/08/202629/09/202516/10/202428/09/202330/09/202230/09/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/08/202631/08/2026FrenchPDF
Abridged model31/12/202429/09/202509/10/2025FrenchPDF
Abridged model31/12/202316/10/202417/11/2024FrenchPDF
Abridged model31/12/202228/09/202330/09/2023FrenchPDF
Abridged model31/12/202130/09/202230/09/2022FrenchPDF
Abridged model31/12/202030/09/202130/09/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 ended

Active mandates

Alain Simon

Managing director · since 23 décembre 2019

Active
Jean-Marc Simon

Managing director · since 23 décembre 2019

Active

Ended mandates

Benoit Moritz

Director · since 01 avril 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/03/2026
    Démission
    PDF
  • Mandates03/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other31/12/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025119,5 k €↓
  2. 2024
    Annual accounts 2024169,3 k €↑
  3. 2023
    Annual accounts 202395,9 k €↑
  4. 2022
    Annual accounts 202271,5 k €↓
  5. 2021
    Annual accounts 2021249,9 k €
  6. 27/12/2019
    IncorporationPrivate limited company