M.O.D.
ActiveM.O.D. has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €44k and a net result of €15k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
83
/ 100
Excellent▼ -10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency79▼-21
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 4.51 in 2023), but 57.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
42.2%
Return on assets
14.6%
Age of the figures
20 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
27 d early
2022
26 d early
2021
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€44k▼ 36.8%
2023 · €70k
2021: €22k
2022: €50k
2023: €70k
2021 → 2024
Total assets
€105k▲ 16.1%
2023 · €91k
2021: €33k
2022: €70k
2023: €91k
2021 → 2024
Net result
€15k▼ 26.8%
2023 · €21k
2021: €20k
2022: €29k
2023: €21k
2021 → 2024
Working capital
€42k▼ 40.4%
2023 · €70k
2021: €21k
2022: €49k
2023: €70k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€22k-€50k▲ 128%€70k▲ 40.4%€44k▼ 36.8%
Operating result€26k-€37k▲ 42.4%€27k▼ 24.8%€21k▼ 22.9%
Net result€20k-€29k▲ 42.8%€21k▼ 27.3%€15k▼ 26.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 23% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €105k
Fixed assets
€3k▲ 647%
Current assets
€103k▲ 13.8%
Equity and liabilities €105k
Equity
€44k▼ 36.8%
Debt
€61k▲ 198%
The debt ratio rises from 22.5% to 57.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€22k▼
2023 · €28k
Cash flow
€16k▼
2023 · €21k
Solvency
42.2%▼
2023 · 77.5%
Current ratio
1.69▼
2023 · 4.51
Quick ratio
1.69▼
2023 · 4.51
Debt / equity
1.37▲
2023 · 0.29
ROE
34.6%▲
2023 · 29.9%
ROA
14.6%▼
2023 · 23.2%
Interest coverage
104.98▼
2023 · 223.37
Debt
€61k▲
2023 · €20k
Debt ≤ 1 year
€61k▲
2023 · €20k
Income taxes
€6k▼
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€91k€105k▲
Fixed assets21/28€335€3k▲
Tangible fixed assets22/27€335€3k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€335€661▲
Current assets29/58€90k€103k▲
Amounts receivable within one year40/41€27k€55k▲
Trade receivables40€27k€55k▲
Other amounts receivable41€153€76▼
Cash at bank and in hand54/58€63k€47k▼
Deferred charges and accrued income490/1€225€225=
Equity and liabilities
Total equity and liabilities10/49€91k€105k▲
Equity10/15€70k€44k▼
Contributions10/11€3k€3k=
Reserves13€68k€42k▼
Distributable reserves133€68k€42k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€20k€61k▲
Amounts payable within one year42/48€20k€61k▲
Financial debts43-€627
Credit institutions430/8-€627
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€18k€22k▲
Taxes450/3€18k€22k▲
Other amounts payable47/48€560€37k▲
Accrued charges and deferred income492/3€383€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€338€359▲
Other operating charges640/8€439€860▲
Non-recurring operating charges66A-€335
Gross operating margin9900€28k€23k▼
Operating profit (loss)9901€27k€21k▼
Financial income75/76B€5€93▲
Recurring financial income75€5€93▲
Financial charges65/66B€124€205▲
Recurring financial charges65€124€205▲
Profit (loss) for the period before taxes9903€27k€21k▼
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€21k€15k▼
Profit (loss) for the period to be appropriated9905€21k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€15k▼
Transfer from equity791/2-€26k
Transfer to equity691/2€20k€0▼
To other reserves6921€20k€0▼
Profit to be distributed694/7€800€41k▲
Return on contributions (dividend)694€800€41k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €15k ▼26.8%
Net result drops to €15k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €29k ▲42.8%
Operating result €37k, net result €29k, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lange Elzenstraat 752018 AntwerpenGround area
260 m²
Building footprint
261 m²
Volume, LiDAR
2,426 m³
Parcel 11810K1750/00W017, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M.O.D.
since 20212.314.678.336
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1750/00W017 | Flanders | 260 m² | 1 · 261 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 37,312 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.