BELMODA
ActiveSummary
BELMODA has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €165,430 and a net result of €2,442. Equity is shrinking by ~2.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
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Signals
This company filed its last 7 accounts on average 97 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2026, abbreviated schema
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Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,967 | €18,141 | €18,141 | €18,141 | €9,458 | ▼ 47.9% |
| Other operating charges640/8 | €3,461 | €3,562 | €3,885 | €4,029 | €4,168 | ▲ 3.4% |
| Gross operating margin9900 | €3,089 | €8,820 | €19,039 | €18,872 | €16,864 | ▼ 10.6% |
| Operating profit (loss)9901 | -€9,339 | -€12,884 | -€2,988 | -€3,298 | €3,238 | ▲ 198% |
| Financial income75/76B | - | - | - | €265 | - | - |
| Recurring financial income75 | - | - | - | €265 | - | - |
| Financial charges65/66B | €67 | €69 | €69 | €74 | €75 | ▲ 2.0% |
| Recurring financial charges65 | €67 | €69 | €69 | €74 | €75 | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | -€9,406 | -€12,953 | -€3,057 | -€3,107 | €3,163 | ▲ 202% |
| Income taxes67/77 | €598 | €642 | €682 | €706 | €721 | ▲ 2.1% |
| Profit (loss) for the period9904 | -€10,003 | -€13,595 | -€3,738 | -€3,813 | €2,442 | ▲ 164% |
| Profit (loss) for the period to be appropriated9905 | -€10,003 | -€13,595 | -€3,738 | -€3,813 | €2,442 | ▲ 164% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €228,133 | €210,868 | €199,440 | €182,752 | €181,943 | ▼ 0.4% |
| Fixed assets21/28 | €228,059 | €209,918 | €191,777 | €173,635 | €164,178 | ▼ 5.4% |
| Tangible fixed assets22/27 | €228,059 | €209,918 | €191,777 | €173,635 | €164,178 | ▼ 5.4% |
| Land and buildings22 | €200,537 | €191,570 | €182,603 | €173,635 | €164,178 | ▼ 5.4% |
| Furniture and vehicles24 | €27,522 | €18,348 | €9,174 | - | - | - |
| Current assets29/58 | €74 | €950 | €7,664 | €9,117 | €17,766 | ▲ 94.9% |
| Cash at bank and in hand54/58 | €74 | €950 | €1,277 | €2,372 | €11,008 | ▲ 364% |
| Deferred charges and accrued income490/1 | - | - | €6,387 | €6,745 | €6,758 | ▲ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €228,133 | €210,868 | €199,440 | €182,752 | €181,943 | ▼ 0.4% |
| Equity10/15 | €184,134 | €170,539 | €166,801 | €162,988 | €165,430 | ▲ 1.5% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €52,200 | €52,200 | €52,200 | €52,200 | €52,200 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Distributable reserves133 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | €69,934 | €56,339 | €52,601 | €48,788 | €51,230 | ▲ 5.0% |
| Amounts payable17/49 | €43,999 | €40,328 | €32,640 | €19,764 | €16,514 | ▼ 16.4% |
| Amounts payable within one year42/48 | €43,999 | €40,328 | €32,640 | €19,764 | €16,514 | ▼ 16.4% |
| Taxes, remuneration and social security45 | €598 | €1,240 | €682 | €706 | €721 | ▲ 2.1% |
| Taxes450/3 | €598 | €1,240 | €682 | €706 | €721 | ▲ 2.1% |
| Other amounts payable47/48 | €43,401 | €39,088 | €31,958 | €19,058 | €15,792 | ▼ 17.1% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,003 | -€13,595 | -€3,738 | -€3,813 | €2,442 | ▲ 164% |
| + Depreciation and write-downs630 | €8,967 | €18,141 | €18,141 | €18,141 | €9,458 | ▼ 47.9% |
| Operating cash flow (approximation) | -€1,036 | €4,546 | €14,403 | €14,328 | €11,900 | ▼ 17.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €876 | €327 | €1,096 | €8,635 | ▲ 688% |
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
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23085A0852/00K000 | Flanders | 2,687 m² | 1 · 283 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.