Equity
IP MODUS paid out €27,800 in dividends. That is 85% of the 2025 profit.
IP MODUS paid out €27,800 in dividends. That is 85% of the 2025 profit.
Short-term debts fell from €73,313 to €31,826.
Two of the last ten came late. The 2021 accounts came in latest, 31 days after the end of the period.
In July 2024, 31,386 companies had the same profile as IP MODUS has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,386 companies, not a prediction for IP MODUS. 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.
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.
| Company | ||||
|---|---|---|---|---|
| IP MODUS Waterloo | €182,949 | €53,685 | 82.6% | - |
| CASEA Waterloo | €149,738 | €55,389 | 46.0% | - |
| C-CONSULT MANAGEMENT Genappe | €180,779 | €54,731 | -1.2% | - |
| INTERIM MANAGEMENT TRAINING AND CONSULTANCY Grez-Doiceau | €158,577 | €55,428 | -53.7% | - |
| PRO SPIRIT Lasne | €186,583 | €46,857 | 56.9% | - |
| BANDO CONSULT Nivelles | €185,867 | €62,257 | 68.4% | - |
| EGREGORIA Nivelles | €149,487 | €59,648 | 39.3% | - |
These companies have the same main activity as IP MODUS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €149,000 and €187,000, founded between 2001 and 2004.
IP MODUS files the micro format. That format states no turnover. The gross margin rose from -€685 in 2006 to €53,685 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €81,000 and €140,000.
Higher than 80% of 41,246 companies in 2025.
Higher than 81% of 39,815 companies in 2025.
Higher than 56% of 40,336 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
182,949 | 219,637 | 214,108 | 222,121 | 208,072 | 220,410 | 169,875 | 264,951 | 234,759 | 241,255 | 378,239 | 490,116 | 745,765 | 550,488 | 334,073 | 191,643 | 295,434 | 69,695 | 3,324 | 14 | |
21/28 |
2,306 | 3,795 | 10,040 | 16,905 | 4,085 | 9,291 | 15,431 | 22,337 | 31,439 | 10,949 | 18,966 | 30,654 | 12,919 | 15,301 | 25,597 | 24,368 | 33,212 | 21,392 | 1,560 | - | |
22/27 |
2,306 | 3,795 | 10,040 | 16,905 | 4,020 | 9,226 | 15,366 | 22,272 | 31,374 | 10,884 | 18,901 | 30,589 | 12,854 | 15,236 | 25,532 | 24,303 | 33,147 | 21,392 | 1,560 | - | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 110 | 220 | - | - | - | |
24 |
2,306 | 3,795 | 10,040 | 16,905 | 4,020 | 9,226 | 15,366 | 22,272 | 31,374 | 10,884 | 18,901 | 29,291 | 10,259 | 11,344 | 20,342 | 24,193 | 32,927 | 21,392 | 1,560 | - | |
26 |
- | - | - | - | - | - | - | - | - | - | - | 1,297 | 2,595 | 3,892 | 5,190 | - | - | - | - | - | |
28 |
- | - | - | - | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | - | - | - | |
29/58 |
180,643 | 215,842 | 204,068 | 205,216 | 203,987 | 211,119 | 154,444 | 242,614 | 203,320 | 230,305 | 359,273 | 459,462 | 732,846 | 535,187 | 308,477 | 167,274 | 262,222 | 48,304 | 1,764 | 14 | |
3 |
- | 5,652 | 5,755 | 6,148 | 5,735 | 3,426 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
- | 5,652 | 5,755 | 6,148 | 5,735 | 3,426 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
32,402 | 20,012 | 45,768 | 54,773 | 57,071 | 59,087 | 61,737 | 82,026 | 84,964 | 79,224 | 170,735 | 163,508 | 53,470 | 167,042 | 108,182 | 145,585 | 228,167 | 27,234 | 700 | - | |
40 |
32,084 | 18,509 | 44,265 | 45,468 | 47,767 | 59,087 | 57,892 | 50,940 | 77,907 | 54,072 | 139,049 | 151,144 | 50,952 | 154,764 | 106,313 | 107,503 | 175,680 | 18,550 | - | - | |
41 |
317 | 1,503 | 1,503 | 9,304 | 9,304 | - | 3,845 | 31,086 | 7,057 | 25,152 | 31,686 | 12,364 | 2,518 | 12,278 | 1,869 | 38,082 | 52,487 | 8,685 | 700 | - | |
54/58 |
147,941 | 190,025 | 149,414 | 141,340 | 140,418 | 147,821 | 92,011 | 159,746 | 117,371 | 150,216 | 187,923 | 294,199 | 678,041 | 366,835 | 199,078 | 20,380 | 30,984 | 20,168 | 74 | 14 | |
490/1 |
300 | 153 | 3,132 | 2,956 | 763 | 785 | 696 | 842 | 985 | 866 | 614 | 1,755 | 1,336 | 1,310 | 1,216 | 1,309 | 3,071 | 902 | 990 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
182,949 | 219,637 | 214,108 | 222,121 | 208,072 | 220,410 | 169,875 | 264,951 | 234,759 | 241,255 | 378,239 | 490,116 | 745,765 | 550,488 | 334,073 | 191,643 | 295,434 | 69,695 | 3,324 | 14 | |
10/15 |
151,123 | 146,324 | 123,685 | 100,406 | 106,033 | 104,361 | 76,233 | 56,624 | 85,650 | 21,453 | 21,548 | 21,537 | 21,176 | 20,899 | 20,591 | 20,463 | 21,154 | 10,076 | -5,988 | -653 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 14,670 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,930 | |
13 |
122,559 | 118,359 | 95,721 | 72,442 | 50,660 | 29,660 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130/1 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
1311 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
122,559 | 116,499 | 93,861 | 70,582 | 48,800 | 27,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
9,964 | 9,365 | 9,365 | 9,365 | 36,773 | 56,101 | 55,773 | 36,164 | 65,190 | 993 | 1,088 | 1,077 | 716 | 439 | 131 | 3 | 694 | -8,524 | -24,588 | -15,323 | |
17/49 |
31,826 | 73,313 | 90,423 | 121,715 | 102,039 | 116,048 | 93,643 | 208,327 | 149,109 | 219,802 | 356,691 | 468,579 | 724,590 | 529,589 | 313,482 | 171,179 | 274,280 | 59,619 | 9,312 | 667 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 8,049 | 16,424 | 24,397 | 31,987 | 8,243 | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 8,049 | 16,424 | 24,397 | 31,987 | 8,243 | - | - | |
42/48 |
31,826 | 73,313 | 90,423 | 121,715 | 102,039 | 116,048 | 93,643 | 208,327 | 149,035 | 219,802 | 356,691 | 468,579 | 724,135 | 519,976 | 296,993 | 146,668 | 242,293 | 51,362 | 9,311 | 667 | |
42 |
- | - | - | 5,022 | 6,700 | - | - | - | - | - | - | - | 8,049 | 8,376 | 7,973 | 7,589 | 7,224 | 3,059 | - | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 10 | 9 | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 10 | 9 | - | - | - | - | |
44 |
22,109 | 21,439 | 23,680 | 34,929 | 41,020 | 45,185 | 37,651 | 68,885 | 81,322 | 99,937 | 142,346 | 154,207 | 55,884 | 156,062 | 125,525 | 92,528 | 190,850 | 31,314 | 3,411 | - | |
440/4 |
22,109 | 21,439 | 23,680 | 34,929 | 41,020 | 45,185 | 37,651 | 68,885 | 81,322 | 99,937 | 142,346 | 154,207 | 55,884 | 156,062 | 125,525 | 92,528 | 190,850 | 31,314 | 3,411 | - | |
45 |
6,762 | 7,730 | 1,178 | 1,897 | 9,874 | 23,172 | 11,467 | 16,308 | 786 | 6,829 | 28,363 | 20,346 | 54,029 | 56,043 | 39,327 | 28,973 | 27,219 | 3,458 | - | - | |
450/3 |
6,744 | 7,730 | 1,178 | 1,897 | 9,874 | 23,172 | 11,467 | 16,308 | 786 | 4,885 | 26,436 | 20,346 | 54,029 | 56,043 | 39,327 | 28,973 | 27,219 | 3,458 | - | - | |
454/9 |
18 | - | - | - | - | - | - | - | - | 1,945 | 1,927 | - | - | - | - | - | - | - | - | - | |
47/48 |
2,956 | 44,144 | 65,565 | 79,868 | 44,445 | 47,692 | 44,524 | 123,134 | 66,927 | 113,035 | 185,983 | 294,026 | 606,172 | 299,495 | 124,158 | 17,570 | 17,000 | 13,531 | 5,900 | 667 | |
492/3 |
- | - | - | - | - | - | - | - | 74 | - | - | - | 455 | 1,564 | 64 | 114 | - | 14 | 1 | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | 10,694 | - | - | 46,797 | - | 2,807 | - | 572 | 17 | - | - | - | |
9900 |
53,685 | 56,599 | 78,488 | 94,195 | 66,993 | 114,696 | 95,209 | 36,783 | 110,439 | 83,352 | 51,605 | 175,552 | 182,573 | 167,610 | 103,385 | 57,931 | 71,866 | 27,880 | -8,422 | -685 | |
62 |
237 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
3,123 | 6,245 | 7,224 | 4,889 | 8,974 | 7,953 | 8,518 | 9,102 | 10,528 | 10,320 | 15,877 | 14,565 | 13,927 | 10,931 | 11,086 | 10,593 | 10,594 | 5,282 | 738 | 35 | |
631/4 |
- | 505 | 718 | - | - | 3,922 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
124 | 290 | 247 | 478 | 651 | 666 | 703 | 3,381 | 1,430 | 755 | 849 | 2,237 | 1,222 | 847 | 678 | 2,800 | 8,413 | 526 | - | 75 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | 82 | - | 1,884 | - | - | |
9901 |
50,202 | 49,560 | 70,299 | 88,828 | 57,368 | 102,155 | 85,989 | 24,300 | 98,481 | 72,277 | 34,880 | 158,749 | 167,425 | 155,832 | 91,621 | 44,538 | 52,859 | 22,073 | -9,160 | -795 | |
75/76B |
160 | - | 157 | 0 | 0 | 77 | 75 | 241 | 163 | 1,030 | 10,099 | 1,316 | 1,536 | 600 | 11,448 | 3,469 | 316 | 0 | - | - | |
75 |
160 | - | 157 | 0 | 0 | 77 | 75 | 241 | 163 | 1,030 | 10,099 | 1,316 | 1,536 | 600 | 11,448 | 3,469 | 316 | 0 | - | - | |
65/66B |
165 | 163 | 33,680 | 29,869 | 25,167 | 17,224 | 26,105 | 294 | 3,661 | 388 | 420 | 720 | 10,659 | 3,166 | 9,869 | 6,902 | 1,398 | 739 | 105 | 42 | |
65 |
165 | 163 | 33,680 | 29,869 | 25,167 | 17,224 | 26,105 | 294 | 527 | 388 | 420 | 720 | 10,659 | 3,166 | 9,869 | 6,902 | 1,398 | 739 | 105 | 42 | |
66B |
- | - | - | - | - | - | - | - | 3,134 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
50,197 | 49,397 | 36,776 | 58,960 | 32,200 | 85,008 | 59,959 | 24,246 | 94,983 | 72,919 | 44,559 | 206,143 | 158,302 | 156,072 | 93,200 | 41,594 | 51,794 | 19,450 | -9,265 | -837 | |
67/77 |
17,598 | 16,258 | 13,497 | 16,087 | 10,529 | 21,880 | 15,350 | 7,272 | 30,786 | 27,014 | 18,548 | 71,782 | 56,025 | 55,765 | 34,072 | 16,515 | 20,716 | 3,385 | - | - | |
9904 |
32,599 | 33,139 | 23,279 | 42,873 | 21,672 | 63,128 | 44,609 | 16,975 | 64,197 | 45,905 | 26,011 | 134,361 | 102,277 | 100,308 | 59,128 | 25,079 | 31,078 | 16,065 | -9,265 | -837 | |
9905 |
32,599 | 33,139 | 23,279 | 42,873 | 21,672 | 63,128 | 44,609 | 16,975 | 64,197 | 45,905 | 26,011 | 134,361 | 102,277 | 100,308 | 59,128 | 25,079 | 31,078 | 16,065 | -9,265 | -837 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
41,964 | 42,503 | 32,644 | 79,646 | 77,773 | 118,901 | 80,773 | 82,164 | 65,190 | 46,993 | 27,088 | 135,077 | 102,716 | 100,439 | 59,131 | 25,773 | 22,554 | -8,524 | -24,588 | -15,323 | |
14P |
9,365 | 9,365 | 9,365 | 36,773 | 56,101 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
27,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
32,000 | 22,639 | 23,279 | 21,782 | 21,000 | 27,800 | - | - | - | - | - | - | - | - | - | - | 1,860 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | - | - | |
6921 |
32,000 | 22,639 | 23,279 | 21,782 | 21,000 | 27,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
27,800 | 10,500 | - | 48,500 | 20,000 | 35,000 | 25,000 | 46,000 | - | 46,000 | 26,000 | 134,000 | 102,000 | 100,000 | 59,000 | 25,770 | 20,000 | - | - | - | |
694 |
27,800 | 10,500 | - | 48,500 | 20,000 | 35,000 | 25,000 | 46,000 | - | 46,000 | 26,000 | 134,000 | 102,000 | 100,000 | 59,000 | 25,770 | 20,000 | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 3 older financial years, from 2003 to 2005, were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 02-07-2026 | 2026-00240644 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00186494 | |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00162742 | |
| 31-12-2022 | micro format | 18-08-2023 | 2023-00333924 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20365133 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-28300304 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-23600350 | |
| 31-12-2018 | micro format | 28-06-2019 | 2019-25600136 | |
| 31-12-2017 | micro format | 27-06-2018 | 2018-24200382 | |
| 31-12-2016 | micro format | 27-06-2017 | 2017-22500543 | |
| 31-12-2015 | full format | 29-08-2016 | 2016-52600279 | |
| 31-12-2014 | full format | 17-07-2015 | 2015-32000071 | |
| 31-12-2013 | full format | 20-06-2014 | 2014-19700590 | |
| 31-12-2012 | full format | 28-06-2013 | 2013-25300443 | |
| 31-12-2011 | full format | 30-07-2012 | 2012-37200330 | |
| 31-12-2010 | full format | 12-07-2011 | 2011-30100075 | |
| 31-12-2009 | full format | 23-08-2010 | 2010-43900340 | |
| 31-12-2008 | full format | 27-07-2009 | 2009-48700303 | |
| 31-12-2007 | full format | 01-07-2008 | 2008-34300048 | |
| 31-12-2006 | full format | 20-09-2007 | 2007-73100355 | |
| 31-12-2005 | full format | 13-11-2006 | 2006-87104520 | |
| 31-12-2004 | abbreviated format | 13-11-2006 | 2006-87104507 | |
| 31-12-2003 | abbreviated format | 13-11-2006 | 2006-87104494 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 53,324 | 55,804 | 77,524 | 93,717 | 66,342 | 110,108 | 94,507 | 33,402 | 109,009 | 82,597 | 50,756 | 173,314 | 181,352 | 166,763 | 102,707 | 55,131 | 63,452 | 27,355 | -8,422 | -760 | ||
| 35,721 | 39,383 | 30,503 | 47,762 | 30,646 | 71,081 | 53,126 | 26,076 | 74,725 | 56,225 | 41,887 | 148,926 | 116,204 | 111,239 | 70,214 | 35,672 | 41,671 | 21,347 | -8,527 | -802 | ||
| 1,634 | 0 | 359 | 17,774 | 3,768 | 1,813 | 1,612 | 0 | 38,323 | 2,303 | 4,189 | 32,300 | 11,969 | 636 | 12,314 | 2,791 | 39,070 | 25,713 | 2,298 | - | ||
| -42,084 | 40,610 | 8,075 | 921 | -7,402 | 55,809 | -67,735 | 42,375 | -32,845 | -37,707 | -106,276 | -383,842 | 311,206 | 167,757 | 178,699 | -10,605 | 10,816 | 20,094 | 60 | - | ||
| 148,817 | 142,529 | 113,646 | 83,501 | 101,948 | 95,070 | 60,802 | 34,287 | 54,285 | 10,503 | 2,582 | -9,117 | 8,711 | 15,210 | 11,483 | 20,606 | 19,929 | -3,058 | -7,547 | -653 | ||
| 82.6% | 66.6% | 57.8% | 45.2% | 51.0% | 47.3% | 44.9% | 21.4% | 36.5% | 8.9% | 5.7% | 4.4% | 2.8% | 3.8% | 6.2% | 10.7% | 7.2% | 14.5% | - | - | ||
| 5.68 | 2.94 | 2.26 | 1.69 | 2.00 | 1.82 | 1.65 | 1.16 | 1.36 | 1.05 | 1.01 | 0.98 | 1.01 | 1.03 | 1.04 | 1.14 | 1.08 | 0.94 | - | - | ||
| 5.68 | 2.87 | 2.19 | 1.64 | 1.94 | 1.79 | 1.65 | 1.16 | 1.36 | 1.05 | 1.01 | 0.98 | 1.01 | 1.03 | 1.04 | 1.14 | 1.08 | 0.94 | - | - | ||
| 0.21 | 0.50 | 0.73 | 1.21 | 0.96 | 1.11 | 1.23 | 3.68 | 1.74 | 10.25 | 16.55 | 21.76 | 34.22 | 25.34 | 15.22 | 8.37 | 12.97 | 5.92 | - | - | ||
| 21.6% | 22.6% | 18.8% | 42.7% | 20.4% | 60.5% | 58.5% | 30.0% | 75.0% | 214.0% | 120.7% | 623.9% | 483.0% | 480.0% | 287.2% | 122.6% | 146.9% | 159.4% | - | - | ||
| 17.8% | 15.1% | 10.9% | 19.3% | 10.4% | 28.6% | 26.3% | 6.4% | 27.3% | 19.0% | 6.9% | 27.4% | 13.7% | 18.2% | 17.7% | 13.1% | 10.5% | 23.1% | - | - | ||
| over 100 | over 100 | 2.30 | 3.14 | 2.64 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,634 | - | €359 | €17,774 | €3,768 |
| €3,123 | €6,245 | €7,224 | €4,889 | €8,974 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 1% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 33.4% to 17.4%. Equity is higher and debt is lower.
IP MODUS has no parent and no holdings in its annual accounts. is the only director. IP MODUS shares no director with another company.
The 2026 accounts are due by 31-07-2027.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Start date | Unit number |
|---|---|---|
| Avenue Belle Vue 120 registered office 1410 Waterloo | 20-09-2002 | 2.114.430.843 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25763I0542/00A000 | 1,684 m² | 1 · 157 m² | 5.7 m · 2 |
If something looks wrong or is missing, please tell us.