A - MODE IMMO
ActiveSummary
A - MODE IMMO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €4.5m and a net result of €343,691. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 51% of 152 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability73▲+1
Solvency72▲+4
Growth35=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €330,000 at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.13 in 2025; short-term debt: 8.6% and cash: 0.4% of total assets), and 52.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
47.4%
Return on assets
3.6%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 07-05-2026, 116 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
116 d early
2025
103 d early
2024
47 d early
2023
43 d early
2022
51 d early
2021
5 d early
2020
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 53 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. Usually files around 11 July (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-01-2027 close31-08-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Turnover
€1,500▼ 100.0%
2022 · €6.1m
EBIT margin
26574.9%▲ 26554.2pp
2022 · 20.8%
Net result
€343,691▲ 36.5%
2025 · €251,756
Working capital
-€727,363▼ 7.2%
2025 · -€678,485
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Turnover€6.1m▼ 41.2%€1,500▼ 100.0%
Operating result€1.3m€398,624▼ 68.6%€429,734▲ 7.8%€405,896▼ 5.5%€522,538▲ 28.7%
Net result€1.1mabove the sector's middle half€259,761within the sector's middle half▼ 77.0%€306,137above the sector's middle half▲ 17.9%€251,756above the sector's middle half▼ 17.8%€343,691▲ 36.5%
EBIT margin20.8%▲ 22.5pp26574.9%▲ 26554.2pp
Equity€4.3mwithin the sector's middle half▲ 3.7%€4.1mwithin the sector's middle half▼ 4.4%€4.3mabove the sector's middle half▲ 3.6%€4.4mabove the sector's middle half▲ 2.7%€4.5m▲ 3.3%
Total assets€11.8mwithin the sector's middle half▲ 26.5%€9.3mwithin the sector's middle half▼ 21.6%€10.3mabove the sector's middle half▲ 11.0%€10.1mabove the sector's middle half▼ 2.3%€9.5m▼ 5.3%
Debt€7.5m▲ 44.7%€5.2m▼ 31.4%€6.0m▲ 16.9%€5.7m▼ 5.9%€5.0m▼ 11.9%
Working capital€367,010within the sector's middle half▼ 87.6%-€1.3mbelow the sector's middle half-€1.8mbelow the sector's middle half▼ 40.7%-€678,485below the sector's middle half▲ 62.0%-€727,363▼ 7.2%
Solvency36.4%within the sector's middle half▼ 8.0pp44.3%within the sector's middle half▲ 8.0pp41.4%within the sector's middle half▼ 3.0pp43.5%within the sector's middle half▲ 2.1pp47.4%▲ 3.9pp
Current ratio1.18within the sector's middle half▼ 1.120.09below the sector's middle half▼ 1.100.08below the sector's middle half▼ 0.010.13below the sector's middle half▲ 0.050.12▼ 0.02
Return on assets (ROA)9.5%within the sector's middle half▲ 9.9pp2.8%within the sector's middle half▼ 6.7pp3.0%within the sector's middle half▲ 0.2pp2.5%within the sector's middle half▼ 0.5pp3.6%▲ 1.1pp
Staff (FTE)12within the sector's middle half▼ 6.3%0below the sector's middle half▼ 100%0below the sector's middle half0below the sector's middle half0
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 29% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €9.5m
Fixed assets
€9.4m ▼ 5.2%
Current assets
€96,613 ▼ 8.3%
Equity and liabilities €9.5m
Equity
€4.5m ▲ 3.3%
Debt
€5.0m ▼ 11.9%
Debt's share of the balance-sheet total falls from 56.5% to 52.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.1m▲
2025 · €955,167
Cash flow
€874,253▲
2025 · €801,027
Debt to equity
1.11▼
2025 · 1.30
ROE
7.6%▲
2025 · 5.7%
Interest coverage
8.27▲
2025 · 6.88
Debt ≤ 1 year
€823,975▲
2025 · €783,854
Debt > 1 year
€4.1m▼
2025 · €4.9m
Income taxes
€51,508▲
2025 · €19,902
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.1%
went bankrupt
2.0%
stopped otherwise
98%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,860 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €6.6m | €1.2m | - | - | - | - |
| Turnover70 | €6.1m | €1,500 | - | - | - | - |
| Other operating income74 | €523,673 | €1.2m | - | - | - | - |
| Non-recurring operating income76A | €5,000 | €0 | - | - | - | - |
| Operating charges60/66A | €5.4m | €814,726 | - | - | - | - |
| Goods for resale, raw materials and consumables60 | €4.2m | €0 | - | - | - | - |
| Purchases600/8 | €4.2m | €0 | - | - | - | - |
| Change in stocks: decrease (increase)609 | €0 | - | - | - | - | - |
| Services and other goods61 | €497,081 | €118,473 | - | - | - | - |
| Remuneration, social security and pensions62 | €143,773 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €454,364 | €549,247 | €542,087 | €549,271 | €530,562 | ▼ 3.4% |
| Other operating charges640/8 | €93,267 | €147,006 | €151,273 | €157,359 | €170,997 | ▲ 8.7% |
| Gross operating margin9900 | - | - | €1.1m | €1.1m | €1.2m | ▲ 10.0% |
| Operating profit (loss)9901 | €1.3m | €398,624 | €429,734 | €405,896 | €522,538 | ▲ 28.7% |
| Financial income75/76B | €106,355 | €733 | €3,624 | €4,631 | €66 | ▼ 98.6% |
| Recurring financial income75 | €106,355 | €733 | €3,624 | €4,631 | €66 | ▼ 98.6% |
| Income from current assets751 | €25,892 | €730 | - | - | - | - |
| Other financial income752/9 | €80,463 | €3 | - | - | - | - |
| Financial charges65/66B | €83,832 | €101,327 | €118,128 | €138,870 | €127,405 | ▼ 8.3% |
| Recurring financial charges65 | €83,832 | €101,327 | €118,128 | €138,870 | €127,405 | ▼ 8.3% |
| Debt charges650 | €74,401 | €88,204 | - | - | - | - |
| Other financial charges652/9 | €9,431 | €13,123 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.3m | €298,030 | €315,230 | €271,658 | €395,199 | ▲ 45.5% |
| Income taxes67/77 | €165,105 | €38,268 | €9,093 | €19,902 | €51,508 | ▲ 159% |
| Taxes670/3 | €165,105 | €38,268 | - | - | - | - |
| Profit (loss) for the period9904 | €1.1m | €259,761 | €306,137 | €251,756 | €343,691 | ▲ 36.5% |
| Profit (loss) for the period to be appropriated9905 | €1.1m | €259,761 | €306,137 | €251,756 | €343,691 | ▲ 36.5% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.8m | €9.3m | €10.3m | €10.1m | €9.5m | ▼ 5.3% |
| Formation expenses20 | €182 | €0 | - | - | - | - |
| Fixed assets21/28 | €9.5m | €9.2m | €10.2m | €10.0m | €9.4m | ▼ 5.2% |
| Tangible fixed assets22/27 | €9.5m | €9.2m | €10.2m | €10.0m | €9.4m | ▼ 5.2% |
| Land and buildings22 | €8.8m | €8.5m | €9.5m | €9.4m | €8.9m | ▼ 5.0% |
| Plant, machinery and equipment23 | €702,965 | €651,840 | €600,715 | €549,591 | €498,466 | ▼ 9.3% |
| Furniture and vehicles24 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Other financial fixed assets284/8 | €5,000 | €5,000 | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | €5,000 | €5,000 | - | - | - | - |
| Current assets29/58 | €2.4m | €124,455 | €159,425 | €105,369 | €96,613 | ▼ 8.3% |
| Stocks and contracts in progress3 | €0 | €0 | - | - | - | - |
| Stocks30/36 | €0 | - | - | - | - | - |
| Goods purchased for resale34 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €574,990 | €15,588 | €92,512 | €89,819 | €53,951 | ▼ 39.9% |
| Trade receivables40 | €0 | €12,588 | €48,605 | €46,721 | €53,951 | ▲ 15.5% |
| Other amounts receivable41 | €574,990 | €3,000 | €43,907 | €43,098 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1.8m | €106,732 | €42,184 | €11,824 | €39,852 | ▲ 237% |
| Deferred charges and accrued income490/1 | €0 | €2,135 | €24,729 | €3,727 | €2,810 | ▼ 24.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.8m | €9.3m | €10.3m | €10.1m | €9.5m | ▼ 5.3% |
| Equity10/15 | €4.3m | €4.1m | €4.3m | €4.4m | €4.5m | ▲ 3.3% |
| Contributions10/11 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Capital10 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Issued capital100 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Reserves13 | €2.4m | €2.2m | €2.3m | €2.5m | €2.6m | ▲ 6.0% |
| Non-distributable reserves130/1 | €179,055 | €192,976 | €192,976 | €192,976 | €192,976 | = |
| Legal reserve130 | €179,055 | €192,976 | €192,976 | €192,976 | €192,976 | = |
| Distributable reserves133 | €2.2m | €2.0m | €2.1m | €2.3m | €2.4m | ▲ 6.5% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €7.5m | €5.2m | €6.0m | €5.7m | €5.0m | ▼ 11.9% |
| Amounts payable after more than one year17 | €5.6m | €3.8m | €4.0m | €4.9m | €4.1m | ▼ 14.8% |
| Financial debts170/4 | €5.6m | €3.8m | €4.0m | €4.9m | €4.1m | ▼ 14.8% |
| Credit institutions173 | €4.3m | €3.8m | - | - | - | - |
| Other loans174 | €1.2m | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €2.0m | €1.4m | €1.9m | €783,854 | €823,975 | ▲ 5.1% |
| Current portion of amounts payable after more than one year42 | €612,389 | €561,314 | €626,594 | €629,911 | €581,536 | ▼ 7.7% |
| Financial debts43 | €0 | - | - | - | - | - |
| Credit institutions430/8 | €0 | - | - | - | - | - |
| Trade debts44 | €0 | €79,960 | €255,476 | €9,944 | €26,105 | ▲ 163% |
| Suppliers440/4 | €0 | €79,960 | €255,476 | €9,944 | €26,105 | ▲ 163% |
| Taxes, remuneration and social security45 | €165,105 | €178,652 | €8,299 | €5,170 | €15,735 | ▲ 204% |
| Taxes450/3 | €165,105 | €178,652 | €8,299 | €5,170 | €15,735 | ▲ 204% |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €1.2m | €572,015 | €1.1m | €138,829 | €200,599 | ▲ 44.5% |
| Accrued charges and deferred income492/3 | €173 | €17,257 | €61,991 | €56,241 | €57,565 | ▲ 2.4% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.1m | €259,761 | €306,137 | €251,756 | €343,691 | ▲ 36.5% |
| + Depreciation and write-downs630 | €454,364 | €549,247 | €542,087 | €549,271 | €530,562 | ▼ 3.4% |
| Operating cash flow (approximation) | €1.6m | €809,008 | €848,224 | €801,027 | €874,253 | ▲ 9.1% |
| Investment in fixed assets (approximation) | - | -€223,686 | -€1.5m | -€363,262 | -€9,706 | ▲ 97.3% |
| Change in cash | - | -€1.7m | -€64,548 | -€30,360 | €28,028 | ▲ 192% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
07-05
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-01
Financial
Back to profitnet €1.1m
Net result €1.1m after one loss-making year.
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-01
Financial
Weakest financial yearnet -€39,030
Net result drops to -€39,030, the lowest in the series; recovery starts the following year.
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
22 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 1999
Ground area
1.2 ha
Building footprint
5,350 m²
Volume, LiDAR
32,824 m³
2 parcels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
A - MODE IMMO
since 19992.090.453.136
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31810N0561/00R000 | Flanders | 9,150 m² | 1 · 2,602 m² | 7.9 m · 2 fl. |
| 31001B1207/00P000 | Flanders | 2,980 m² | 1 · 2,748 m² | 11.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- JEFAN
- A - MODE IMMO
Highest known parent: JEFAN. The sources do not say who stands above it.
Owners 1
- JEFANparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
875500BTV51RO04CSD38
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Of 1,307 companies in sector 46423 we hold annual accounts for 810. 251 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-12-1998
Fiscal year end31-01
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464903578
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.