MoD Concept
ActiveThe computed 12-month bankruptcy probability of MoD Concept is 2.4% (moderate). The 2025 annual accounts show equity of €53k and a net result of €6k. Its solvency ranks better than 49% of 27676 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-25
Solvency71▲+9
Growth52
Track record82
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 0.78 in 2024; short-term debt: 34.5% and cash: 19.4% of total assets), but 53.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.1%
Return on assets
4.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 11.9%
2024 · €48k
2024: €48k
2024 → 2025
Total assets
€116k▼ 10.7%
2024 · €130k
2024: €130k
2024 → 2025
Net result
€6k▼ 84.9%
2024 · €38k
2024: €38k
2024 → 2025
Working capital
€22k
2024 · €-18k
2024: €-18k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€48k-€53k▲ 11.9%
Operating result€47k-€7k▼ 84.2%
Net result€38k-€6k▼ 84.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 84% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€54k▼ 17.7%
Current assets
€62k▼ 3.5%
Equity and liabilities €116k
Equity
€53k▲ 11.9%
Debt
€62k▼ 23.9%
The debt ratio falls from 63.3% to 53.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▼
2024 · €54k
Cash flow
€44k▼
2024 · €45k
Solvency
46.1%▲
2024 · 36.7%
Current ratio
1.54▲
2024 · 0.78
Quick ratio
1.54▲
2024 · 0.78
Debt / equity
1.17▼
2024 · 1.72
ROE
10.7%▼
2024 · 79.0%
ROA
4.9%▼
2024 · 29.0%
Interest coverage
149.29▼
2024 · 2302.19
Debt
€62k▼
2024 · €82k
Debt ≤ 1 year
€40k▼
2024 · €82k
Debt > 1 year
€23k
Income taxes
€1k▼
2024 · €9k
Staff costs
€400
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€130k€116k▼
Fixed assets21/28€66k€54k▼
Tangible fixed assets22/27€66k€54k▼
Furniture and vehicles24€66k€54k▼
Current assets29/58€64k€62k▼
Amounts receivable within one year40/41€36k€39k▲
Trade receivables40€26k€39k▲
Other amounts receivable41€11k-
Cash at bank and in hand54/58€26k€22k▼
Deferred charges and accrued income490/1€1k€380▼
Equity and liabilities
Total equity and liabilities10/49€130k€116k▼
Equity10/15€48k€53k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€38k€43k▲
Amounts payable17/49€82k€62k▼
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€82k€40k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€16k€4k▼
Suppliers440/4€16k€4k▼
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€9k€11k▲
Other amounts payable47/48€56k€19k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€400
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€38k▲
Other operating charges640/8€271€2k▲
Gross operating margin9900€55k€48k▼
Operating profit (loss)9901€47k€7k▼
Financial charges65/66B€24€305▲
Recurring financial charges65€24€305▲
Profit (loss) for the period before taxes9903€47k€7k▼
Income taxes67/77€9k€1k▼
Profit (loss) for the period9904€38k€6k▼
Profit (loss) for the period to be appropriated9905€38k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€43k▲
Profit (loss) brought forward from the previous period14P-€38k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Overijse · 1 establishment unit since 2024
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.
Brusselsesteenweg 2923090 OverijseGround area
2,968 m²
Building footprint
615 m²
Volume, LiDAR
3,421 m³
2 parcels, Flanders, Wallonia · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MoD Concept
since 20242.361.430.752
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 fl. |
| 25097B0248/00E005 | Wallonia | 1,034 m² | 1 · 417 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SV Renovations
BE 0795.145.523
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VR Prof
BE 1011.904.691
Antwerpen · Eq €53k
RECU
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Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 2,003 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2024
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.