ERIC MODAVE
ActiveSummary
ERIC MODAVE has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €23,968. Equity has been stable since 2018 (±1.8% per year). Its solvency ranks better than 91% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-01-1998 Normal situation
- Activity
- Wholesale of live animals NACE 46231and 1 other
- Establishment unit
- 2.085.706.668 5570 Beauraing, since 02-03-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 29-08-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €26,632
- ▼ 94.8%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €23,968
- ▼ 93.5%
- Equity
- €1.3m
- ▲ 1.8%
- Total assets
- €1.5m
- ▲ 2.0%
Filed on 25-06-2026, 36 days before the deadline
Score breakdownraises risk1 of the last 3 accounts latelowers riskFounded in 1998Equity €1.3m (91.1% of total assets)Size: total assets €1.5mShow the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 91.1% of total assets
Liquidity
59-32
short-term debt 0.2% · cash 7.3%
Profitability
71-29
return on assets 1.6%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: 0.1%▲ +0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €120,000 on 30-day terms is acceptable
Short-term debt is 0.2% and cash 7.3% of total assets. 8.9% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 65% on liquidity, 55% on profitability and 47% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.3m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
27 days early
2023
47 days late
2022
24 days early
2021
82 days early
2020
9 days late
2019
21 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 accounts filed within 55 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 28 filings
Turnover
≈ €170,000
Estimated: probably between €92,000 and €330,000
EBIT margin
Not included in this filing
Net result
€23,968▼ 93.5%
2024 · €370,463
Working capital
€979,395▲ 6.4%
2024 · €920,149
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €10,045, after a profit of €476,100 in 2024.
Operating result-€0.01m
2025
Net result€0.02m
2025
Total assets€1.5m
2025
Equity€1.3m
2025
Debt€0.004m
2025
Working capital€1.0m
2025
Return on assets (ROA)1.6%
2025
Solvency91.1%
2025
Current ratio4.84
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.06m--€0.05m▲ 13.2%€0.02m-€0.02m-€0.04m▼ 44.3%-€0.03m▲ 6.0%€0.5m-€0.01m
Net result-€0.04m--€0.04m▼ 17.4%€0.02mwithin the sector's middle half-€0.007mbelow the sector's middle half-€0.03mbelow the sector's middle half▼ 320%-€0.03mbelow the sector's middle half▼ 5.0%€0.4mabove the sector's middle half€0.02mwithin the sector's middle half▼ 93.5%
Equity€1.5m-€1.4m▼ 2.8%€1.4mwithin the sector's middle half▲ 1.6%€1.4mwithin the sector's middle half▼ 0.5%€1.0mabove the sector's middle half▼ 32.6%€0.9mabove the sector's middle half▼ 3.3%€1.3mabove the sector's middle half▲ 39.4%€1.3mabove the sector's middle half▲ 1.8%
Total assets€1.5m-€1.5m▼ 3.3%€1.5mwithin the sector's middle half▲ 1.0%€1.5mwithin the sector's middle half▼ 1.1%€1.2mabove the sector's middle half▼ 16.1%€1.1mabove the sector's middle half▼ 12.2%€1.4mabove the sector's middle half▲ 33.5%€1.5mabove the sector's middle half▲ 2.0%
Debt€0.03m-€0.02m▼ 26.1%€0.02m▼ 33.5%€0.007m▼ 56.0%€0.2m▲ 35×€0.1m▼ 48.5%€0.003m▼ 97.6%€0.004m▲ 21.7%
Working capital€1.1m-€0.7m▼ 31.4%€0.8mwithin the sector's middle half▲ 7.5%€0.9mwithin the sector's middle half▲ 19.1%€0.5mabove the sector's middle half▼ 48.5%€0.5mabove the sector's middle half▼ 0.6%€0.9mabove the sector's middle half▲ 92.4%€1.0mabove the sector's middle half▲ 6.4%
Solvency97.0%-97.5%▲ 0.5pp98.1%above the sector's middle half▲ 0.6pp98.7%above the sector's middle half▲ 0.6pp79.3%above the sector's middle half▼ 19.4pp87.4%above the sector's middle half▲ 8.1pp91.3%above the sector's middle half▲ 3.9pp91.1%above the sector's middle half▼ 0.1pp
Current ratio34.25-31.89▼ 2.3650.96above the sector's middle half▲ 19.072.99within the sector's middle half4.84above the sector's middle half▲ 1.85
Return on assets (ROA)-2.3%--2.9%▼ 0.5pp1.5%within the sector's middle half▲ 4.4pp-0.5%below the sector's middle half▼ 2.0pp-2.4%below the sector's middle half▼ 2.0pp-2.9%within the sector's middle half▼ 0.5pp25.8%above the sector's middle half▲ 28.7pp1.6%within the sector's middle half▼ 24.2pp
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€479,620 ▼ 6.2%
Current assets
€983,008 ▲ 6.5%
Equity and liabilities €1.5m
Equity
€1.3m ▲ 1.8%
Provisions
€126,473 ▲ 3.2%
Debt
€3,613 ▲ 21.7%
Debt's share of the balance-sheet total stays at 0.2%.
Key figures and ratios
EBITDA
€21,651▼
2024 · €505,855
Cash flow
€55,664▼
2024 · €400,218
Debt to equity
0.00▲
2024 · 0.00
ROE
1.8%▼
2024 · 28.3%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€3,613▲
2024 · €2,968
A ratio outside any meaningful range has been withheld (balance sheet total €1.5m, equity €1.3m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €20,821 | €750 | €69,315 | - |
| Depreciation and write-downs of the year | €34,740 | €37,534 | €29,880 | €29,755 | €31,696 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as ERIC MODAVE: wholesale of live animals (NACE 46231). They are comparable in size and age: total assets between €803,000 and €1.7m, founded between 1990 and 2003.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| ERIC MODAVE Beauraing | 1998 | €1.5m | €1.3m | €0.03m | €0.02m | - | 2025 |
| NEXTVILLE Westerlo | 2000 | €0.9m | €0.4m | €0.03m | -€0.1m | - | 2024 |
| OOSTVEE Berlare | 1991 | €1.2m | €0.3m | €0.04m | €0.01m | - | 2025 |
| THOELEN VARKENSHANDEL PEER Peer | 1998 | €0.8m | €0.4m | €0.02m | €0.02m | - | 2025 |
| Het Veldhof Bocholt | 2003 | €0.8m | €0.2m | €0.03m | €0.001m | - | 2025 |
| KAEKSMETEHOEVE Gent | 1990 | €1.7m | €1.3m | €0.05m | -€0.03m | 0 | 2025 |
| BESTVLEES Izegem | 1998 | €1.5m | €0.7m | €0.06m | -€0.04m | 0.5 | 2025 |
They were chosen from the 422 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 14,766 companies had the same profile as ERIC MODAVE has now. Two years later, 0.2% had gone bankrupt and 96.2% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96.2%
was still going
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ERIC MODAVE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for ERIC MODAVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,836 | €18,442 | €25,432 | €34,740 | €37,534 | €29,880 | €29,755 | €31,696 | ▲ 6.5% |
| Other operating charges640/8 | - | - | - | €3,930 | €3,940 | €6,110 | €8,979 | €4,981 | ▼ 44.5% |
| Gross operating margin9900 | -€18,121 | -€21,647 | €52,049 | €13,676 | €5,407 | €2,073 | €514,834 | €26,632 | ▼ 94.8% |
| Operating profit (loss)9901 | -€61,251 | -€53,148 | €17,514 | -€24,994 | -€36,066 | -€33,917 | €476,100 | -€10,045 | - |
| Financial income75/76B | - | - | - | €17,266 | €5,943 | €1,979 | €5,457 | €20,318 | ▲ 272% |
| Recurring financial income75 | €770 | €11,328 | €4,497 | €17,266 | €5,943 | €1,979 | €5,457 | €20,318 | ▲ 272% |
| Financial charges65/66B | - | - | - | €157 | €545 | €226 | €176 | €128 | ▼ 27.6% |
| Recurring financial charges65 | €360 | €276 | €94 | €157 | €545 | €226 | €176 | €128 | ▼ 27.6% |
| Profit (loss) for the period before taxes9903 | -€60,841 | -€42,096 | €21,917 | -€7,886 | -€30,668 | -€32,164 | €481,381 | €10,145 | ▼ 97.9% |
| Transfer from deferred taxes780 | - | - | - | €770 | €770 | €770 | €770 | €13,823 | ▲ 18× |
| Transfer to deferred taxes680 | - | - | - | - | - | - | €111,687 | - | - |
| Income taxes67/77 | €5,634 | -€5 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€35,525 | -€41,695 | €22,314 | -€7,116 | -€29,898 | -€31,395 | €370,463 | €23,968 | ▼ 93.5% |
| Transfer from tax-exempt reserves789 | - | - | - | €396 | €396 | €396 | €396 | €396 | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €335,062 | €13,053 | ▼ 96.1% |
| Profit (loss) for the period to be appropriated9905 | -€19,588 | -€40,925 | €23,083 | -€6,720 | -€29,502 | -€30,999 | €35,797 | €11,311 | ▼ 68.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.5m | €1.5m | €1.5m | €1.2m | €1.1m | €1.4m | €1.5m | ▲ 2.0% |
| Fixed assets21/28 | €0.4m | €0.7m | €0.7m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 6.2% |
| Tangible fixed assets22/27 | €0.4m | €0.5m | €0.6m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 6.2% |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 3.0% |
| Plant, machinery and equipment23 | - | - | - | - | €0.001m | €0.001m | €0.005m | €0.004m | ▼ 22.1% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.03m | €0.01m | €0.06m | €0.05m | ▼ 27.1% |
| Financial fixed assets28 | - | €0.2m | €0.1m | €81 | €81 | - | - | - | - |
| Current assets29/58 | €1.1m | €0.8m | €0.8m | €0.9m | €0.7m | €0.6m | €0.9m | €1.0m | ▲ 6.5% |
| Amounts receivable within one year40/41 | €0.2m | €0.01m | €0.2m | €0.2m | €0.3m | €0.1m | €0.2m | €0.2m | ▲ 14.7% |
| Trade receivables40 | - | - | - | €0.01m | €0.008m | €0.001m | €0.007m | €0.02m | ▲ 250% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.3m | €0.1m | €0.2m | €0.2m | ▲ 5.9% |
| Current investments50/53 | - | - | - | - | - | €0.3m | €0.3m | €0.7m | ▲ 160% |
| Cash at bank and in hand54/58 | €0.9m | €0.7m | €0.6m | €0.7m | €0.4m | €0.2m | €0.5m | €0.1m | ▼ 77.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.003m | €0.003m | €0.001m | €0.001m | ▲ 15.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.5m | €1.5m | €1.2m | €1.1m | €1.4m | €1.5m | ▲ 2.0% |
| Equity10/15 | €1.5m | €1.4m | €1.4m | €1.4m | €1.0m | €0.9m | €1.3m | €1.3m | ▲ 1.8% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Issued capital100 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Reserves13 | €1.4m | €1.4m | €1.4m | €1.4m | €0.9m | €0.9m | €1.2m | €1.3m | ▲ 1.0% |
| Non-distributable reserves130/1 | - | - | - | €0.4m | €0.004m | - | - | - | - |
| Legal reserve130 | - | - | - | €0.004m | €0.004m | - | - | - | - |
| Other1319 | - | - | - | €0.4m | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.08m | €0.08m | €0.08m | €0.4m | €0.4m | ▲ 3.0% |
| Distributable reserves133 | - | - | - | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | = |
| Profit (loss) carried forward14 | €0.02m | €0.003m | €0.03m | €0.02m | €0.004m | €0.003m | €0.04m | €0.05m | ▲ 28.8% |
| Provisions and deferred taxes16 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.1m | €0.1m | ▲ 3.2% |
| Deferred taxes168 | - | - | - | €0.01m | €0.01m | €0.01m | €0.1m | €0.1m | ▲ 3.2% |
| Amounts payable17/49 | €0.03m | €0.02m | €0.02m | €0.007m | €0.2m | €0.1m | €0.003m | €0.004m | ▲ 21.7% |
| Amounts payable within one year42/48 | €0.03m | €0.02m | €0.02m | €0.007m | €0.2m | €0.1m | €0.003m | €0.004m | ▲ 21.7% |
| Trade debts44 | €0.005m | €0.007m | €0.008m | €0.006m | €0.01m | €0.007m | €0.003m | €0.004m | ▲ 25.3% |
| Suppliers440/4 | - | - | - | €0.006m | €0.01m | €0.007m | €0.003m | €0.004m | ▲ 25.3% |
| Taxes, remuneration and social security45 | - | - | - | €168 | €0.006m | €48 | €84 | - | - |
| Taxes450/3 | - | - | - | €168 | €0.006m | €48 | €84 | - | - |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.2m | €0.1m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,525 | -€41,695 | €22,314 | -€7,116 | -€29,898 | -€31,395 | €370,463 | €23,968 | ▼ 93.5% |
| + Depreciation and write-downs630 | €28,836 | €18,442 | €25,432 | €34,740 | €37,534 | €29,880 | €29,755 | €31,696 | ▲ 6.5% |
| Operating cash flow (approximation) | -€6,689 | -€23,253 | €47,745 | €27,624 | €7,636 | -€1,514 | €400,218 | €55,664 | ▼ 86.1% |
| Investment in fixed assets (approximation) | - | -€309,750 | €7,450 | €122,756 | -€20,821 | -€669 | -€69,315 | €0 | - |
| Change in cash | - | -€175,205 | -€177,098 | €159,358 | -€333,528 | -€148,011 | €236,416 | -€369,090 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-06-2026 | 2026-00217257 | NBB |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00239653 | |
| 31-12-2023 | micro format | 16-09-2024 | 2024-00465866 | |
| 31-12-2022 | micro format | 07-07-2023 | 2023-00232665 | |
| 31-12-2021 | full format | 10-05-2022 | 2022-20025126 | |
| 31-12-2020 | full format | 09-08-2021 | 2021-48100471 | |
| 31-12-2019 | full format | 21-08-2020 | 2020-43500297 | |
| 31-12-2018 | full format | 05-08-2019 | 2019-44800070 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-61400492 | |
| 31-12-2016 | full format | 29-09-2017 | 2017-64700400 |
Board & ownership
Directors
Directors
1 director, last change in 2023
MODAVE Eric
Current
Statutory director · appointed in the act of 24-10-2023 · earlier statutory manager, until 24-10-2023 · term without a fixed end · listed in the 2021 annual accounts, filed on 10-05-2022
Owners and capital
Capital transactions
Capital over time
- 24-10-2023 Converted to unavailable equity · €22,318.40
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MODAVE Eric |
|
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2022Equity €950,649 Profit of €402,120 in 2025 (profit of €389,570 in 2024) Checked score 890.01%
Connections & network
1 current directorThe network starts from the directors of ERIC MODAVE. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
25-06
micro format · 36 days before the deadline
2025
04-07
micro format · 27 days before the deadline
2024
31-12
Financial
Back to profitnet €370,463
The net result is €370,463, after 3 loss-making years.
31-12
Financial
Liquidity more than 64 timescurrent ratio 311.00
The current ratio rises from 4.84 to 311.00. Short-term debt falls from €124,545 to €2,968.
31-12
Financial
Equity above €1mequity €1.3m ▲39.4%
Equity rises from €938,857 to €1.3m.
16-09
micro format · 47 days late
2023
24-10
Gazette deed
Change of role: MODAVE Eric, from statutory manager to statutory directorPurpose change · Amendment of the articles · Capital conversion13 points ▸
Gazette deed
Change of role: MODAVE Eric, from statutory manager to statutory director
Purpose change · Amendment of the articles · Capital conversion13 points ▸
- Other provision, “dispense de lecture du rapport justificatif, rapport de l'administrateur exposant la justification détaillée de la modification proposée à l'objet” (deed in French)
- Purpose change
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “supprimer le compte de capitaux propres statutairement indisponible et rendre les fonds disponibles pour distribution, versements futurs de la part non encore l…” (deed in French)
- Director resignation, MODAVE Eric (statutory manager)
- Director appointment, MODAVE Eric (statutory director), mentioned 2 times in the deed
- Other provision, “condamnation empêchant d'exercer le mandat” (deed in French)
- Director discharge, MODAVE Eric
- Other provision, “Apports”, 750 (deed in French)
- Other provision, “absence de condamnation interdisant l’exercice du mandat” (deed in French)
- Other provision, “Sixième résolution, mission au notaire soussigné dépôt nouveaux statuts au dossier” (deed in French)
- The act holds 1 more point.
07-07
micro format · 24 days before the deadline
2022
10-05
full format · 82 days before the deadline
2021
31-12
Financial
Liquidity more than doubledcurrent ratio 136.18
The current ratio rises from 50.96 to 136.18. Short-term debt falls from €15,706 to €6,911.
09-08
full format · 9 days late
2020
31-12
Financial
Back to profitnet €22,314
The net result is €22,314, after 2 loss-making years.
Show earlier events
21-08
full format · 21 days late
2019
31-12
Financial
Weakest financial yearnet -€41,695
The net result drops to -€41,695, the lowest from 2018 to 2025. It recovers the following year.
05-08
full format · 5 days late
2018
31-08
full format · 31 days late
2017
29-09
full format · 60 days late
1998
12-02
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
ERIC MODAVE in French
Enterprise number
0462.555.881
Legal form
Private limited company
Status
Active, normale toestand
Founded
30-01-1998
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne, transfert en Région de Bruxelles-Capitale ou région de langue française de Belgique par simple décision de l'organe…”
deed of 24-10-2023 (in French)Registered office and establishments
Registered office
rue de Revogne,Hy 223, 5570 Beauraing, Belgium
Establishment unit
rue de Revogne,Hy 223, 5570 Beauraing since 02-03-1998 · unit number 2.085.706.66801110 Growing of cereals (except rice), leguminous crops and oil seeds
Activities
NACEBEL 202546231
Wholesale of live animals main activity
81300
Landscape service activities
Codes under NACEBEL 2008
46231
Wholesale of live animals main activity
81300
Landscape service activities
Codes under NACEBEL 2003
51230
main activity
01410
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 24-10-2023 (in French)
“1) Toutes activités généralement quelconques se rapportant à l’exploitation et la commercialisation sous toutes leurs formes, l’abattage, le…”
6 activities
- 1) Toutes activités généralement quelconques se rapportant à l’exploitation et la commercialisation sous toutes leurs formes, l’abattage, le découpage, la préparation, la conservation, le transport et la distribution de bétail et de tous animaux susceptibles d'être vendus en boucherie, de viandes et produits de viandes de toute nature et de toute provenance et d'une façon générale de tous articles ou produits alimentaires quelconques.
- 2) L’achat, la vente, l’importation, l’exportation, la représentation, le courtage, en gros ou en détail, la mise en valeur de tous produits alimentaires, naturels ou préparés et notamment produits de la chasse et/ou d’élevage, gibiers, volailles, produits de la pêche, produits secs, frais, buffets froids, tous plats cuits, cuisinés ou fumés, fruits et légumes, produits surgelés, fromages et de toutes boissons alcoolisées ou non, vins, bières, liqueurs et spiritueux. La préparation et la vente de tous plats cuisinés, hors d’oeuvre, charcuterie fine et spécialités culinaires, boulangerie, pâtisserie, biscuiterie, produits diététiques et autres.
- 3) L’organisation de banquets, réceptions, séminaires et cocktail ainsi que toutes activités culturelles, artistiques, sportives, récréatives, gastronomiques, chorégraphiques, cinématographiques, de divertissement et de délassement qui peuvent s’y rattacher directement ou indirectement, la location, la réservation, la prise en location de salles, locaux et matériels et toutes autres activités directes ou indirectes dans le cadre de son objet social, toutes expositions, sponsorisations, encouragements artistiques, création en organisation d’événements et autres.
- 4) Toutes opérations immobilières, agricoles et forestières et notamment, la vente, l’achat, l’échange de terrains, bois, fonds de bois et immeubles ; leur prise en location, leur mise à disposition de tiers en vertu de tous contrats à titre onéreux ou à titre gratuit, l’acquisition de leur jouissance, leur exploitation et leur mise en valeur sous quelque forme que ce soit, pour compte propre ou pour compte de tiers, le lotissement, la mise en copropriété, la division horizontale et verticale, la gestion, l’entretien, la réparation, la construction, la restauration et la location de tous immeubles, l’acquisition de tous droits immobiliers et en général, tout ce qui se rattache aux domaines immobiliers ou forestiers.
- 5) Toutes les activités du secteur Horeca, tels que l’exploitation d’hôtels, de restaurants, de cafés, de bars, de brasseries, de tavernes, de bed & Breakfast, de chambres d’hôtes, de snackbars, friteries, pizzeria, pâtisseries, tea room, de salles de consommation, de salle de spectacle et discothèques ; - consommation sur place et/ou à emporter ; - tous services de traiteur et de service livraison à domicile ; - commerce ambulant, marchés, foires commerciales (à l’extérieur et/ou à l’intérieur) ; - l’import et l’export, le commerce de produits alimentaires et de boissons quelles qu'elles soient (eaux, limonades, bières, vins, liqueurs, spiritueux et alcools quels qu'ils soient) ; - l’organisation d’événements (musique, culture, son, vidéos, images) à l’extérieur et/ou à l’intérieur ; - la location de salles et d’espaces extérieurs. - l’import, l’export, l’achat, la vente, de tout matériel, machines, articles de vaisselles, articles divers, lingeries, meubles, décorations etc… utilisés dans le domaine de l’horeca. - l’import, l’export, l’achat, la vente, le commerce de journaux, revues, cartes postales, cigarettes, cigares, tabac, photocopies, téléphones, fax, internet etc….
- 6) Toutes les activités relatives à la pratique du PADEL et du tennis, dont l'exploitation d’un club de sport spécialisé dans le PADEL et le tennis, de salles de fitness, de saunas, de bancs solaires, en ce compris la vente en détail d'articles de sport et de loisirs, vêtements et tous accessoires divers s'y rapportant, service après-vente des articles, l'achat d'articles de sport, la location, la sponsorisation. La société peut dans le cadre de cet objet exercer toutes activités de relations publiques et de prospection de clientèles.
Invoicing and payment
VAT number
BE 0462.555.881
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June
deed of 24-10-2023 (in French)Recognitions · licences · registrations
Food safety, FASFC
1 siteBeauraingunit number 2.085.706.668
Sites & property
Location
Buildings and parcels at the address
Ground area
232 m²
Building footprint
104 m²
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 91068A0421/02D002 | Wallonia | 232 m² | 1 · 104 m² | - |