MOD-ELLE
ActiveSummary
MOD-ELLE has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €916,850 and a net result of €19,518. Equity remains stable across the filed fiscal years (±2.2% per year). The computed 12-month bankruptcy probability is 0.5% (low).
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Signals
This company filed its last 6 accounts on average 178 days after 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 (1)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% 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 14,733 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €651,833 | €1,500 | €1,500 | - | - | - |
| Other operating charges640/8 | €3,324 | €10,367 | €505 | €3,724 | €1,439 | ▼ 61.4% |
| Gross operating margin9900 | €656,167 | -€1,420 | -€15,802 | -€3,510 | -€6,464 | ▼ 84.2% |
| Operating profit (loss)9901 | €652,843 | -€11,787 | -€16,307 | -€7,234 | -€7,902 | ▼ 9.2% |
| Financial income75/76B | €27,361 | €26,370 | €25,236 | - | - | - |
| Recurring financial income75 | €27,361 | €26,370 | €25,236 | - | - | - |
| Financial charges65/66B | €38,337 | €3,521 | €888 | €33 | €1,056 | ▲ 3,126% |
| Recurring financial charges65 | €38,337 | €3,521 | €888 | €33 | €1,056 | ▲ 3,126% |
| Profit (loss) for the period before taxes9903 | €641,867 | €11,062 | €8,041 | -€7,267 | -€8,958 | ▼ 23.3% |
| Income taxes67/77 | €44,305 | €967 | €731 | €4,766 | -€28,476 | ▼ 697% |
| Profit (loss) for the period9904 | €597,562 | €10,096 | €7,310 | -€12,033 | €19,518 | ▲ 262% |
| Profit (loss) for the period to be appropriated9905 | €597,562 | €10,096 | €7,310 | -€12,033 | €19,518 | ▲ 262% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €956,478 | €1.0m | €987,082 | €975,708 | €944,199 | ▼ 3.2% |
| Current assets29/58 | €956,478 | €1.0m | €987,082 | €975,708 | €944,199 | ▼ 3.2% |
| Amounts receivable within one year40/41 | €956,478 | €1.0m | €986,654 | €970,243 | €944,093 | ▼ 2.7% |
| Trade receivables40 | - | €72,779 | €83,908 | €83,908 | €83,908 | = |
| Other amounts receivable41 | €956,478 | €956,382 | €902,746 | €886,335 | €860,185 | ▼ 3.0% |
| Cash at bank and in hand54/58 | - | €11,237 | €428 | €5,465 | €106 | ▼ 98.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €956,478 | €1.0m | €987,082 | €975,708 | €944,199 | ▼ 3.2% |
| Equity10/15 | €891,959 | €902,055 | €909,364 | €897,332 | €916,850 | ▲ 2.2% |
| Contributions10/11 | €410,000 | €410,000 | €410,000 | €410,000 | €410,000 | = |
| Capital10 | €410,000 | €410,000 | €410,000 | €410,000 | €410,000 | = |
| Issued capital100 | €410,000 | €410,000 | €410,000 | €410,000 | €410,000 | = |
| Reserves13 | €481,959 | €492,055 | €499,364 | €487,332 | €506,850 | ▲ 4.0% |
| Non-distributable reserves130/1 | €41,000 | €41,000 | €41,000 | €21,299 | €21,299 | = |
| Legal reserve130 | €41,000 | €41,000 | €41,000 | €21,299 | €21,299 | = |
| Tax-exempt reserves132 | €4,693 | €4,693 | €4,693 | €4,693 | €4,693 | = |
| Distributable reserves133 | €436,266 | €446,362 | €453,671 | €461,339 | €480,857 | ▲ 4.2% |
| Amounts payable17/49 | €64,519 | €138,343 | €77,717 | €78,376 | €27,349 | ▼ 65.1% |
| Amounts payable within one year42/48 | €64,102 | €78,343 | €76,813 | €78,312 | €27,284 | ▼ 65.2% |
| Financial debts43 | €152 | - | - | - | - | - |
| Credit institutions430/8 | €152 | - | - | - | - | - |
| Trade debts44 | €19,646 | €21,414 | €19,153 | €22,393 | €13,717 | ▼ 38.7% |
| Suppliers440/4 | €19,646 | €21,414 | €19,153 | €22,393 | €13,717 | ▼ 38.7% |
| Taxes, remuneration and social security45 | €44,305 | €45,315 | €46,046 | €44,305 | €1,952 | ▼ 95.6% |
| Taxes450/3 | €44,305 | €45,315 | €46,046 | €44,305 | €1,952 | ▼ 95.6% |
| Other amounts payable47/48 | - | €11,615 | €11,615 | €11,615 | €11,615 | = |
| Accrued charges and deferred income492/3 | €417 | €60,000 | €904 | €64 | €66 | ▲ 3.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €597,562 | €10,096 | €7,310 | -€12,033 | €19,518 | ▲ 262% |
| Operating cash flow (approximation) | €597,562 | €10,096 | €7,310 | -€12,033 | €19,518 | ▲ 262% |
| Change in cash | - | - | -€10,809 | €5,037 | -€5,359 | ▼ 206% |
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
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About the unread acts
We know of 4 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. |
|---|---|---|---|---|
| 31034B0576/00T000 | Flanders | 2,704 m² | 1 · 1,685 m² | 8.5 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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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.