MOD SOFTWARE
ActiveSummary
MOD SOFTWARE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €474k and a net result of €53k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+20
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 63.58 against 94.24 in 2024; short-term debt: 1.5% and cash: 68.2% of total assets), and 1.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
98.5%
Return on assets
11.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-04-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
16 d early
2023
34 d early
2022
30 d early
2021
36 d early
2020
30 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€474k▼ 16.1%
2024 · €565k
2018: €452k
2019: €487k▲ +7.7% vs 2018
2020: €347k▼ -28.8% vs 2019lowest in 8 years
2021: €400k▲ +15.4% vs 2020
2022: €448k▲ +12.1% vs 2021
2023: €506k▲ +12.8% vs 2022
2024: €565k▲ +11.7% vs 2023highest in 8 years
2025: €474k▼ -16.1% vs 2024
2018 → 2025
Total assets
€481k▼ 15.8%
2024 · €571k
2018: €457k
2019: €494k▲ +8.2% vs 2018
2020: €353k▼ -28.7% vs 2019lowest in 8 years
2021: €409k▲ +15.9% vs 2020
2022: €457k▲ +11.9% vs 2021
2023: €513k▲ +12.2% vs 2022
2024: €571k▲ +11.4% vs 2023highest in 8 years
2025: €481k▼ -15.8% vs 2024
2018 → 2025
Net result
€53k▼ 10.2%
2024 · €59k
2018: €38k
2019: €35k▼ -7.0% vs 2018lowest in 8 years
2020: €49k▲ +39.5% vs 2019
2021: €53k▲ +9.3% vs 2020
2022: €48k▼ -9.4% vs 2021
2023: €58k▲ +18.8% vs 2022
2024: €59k▲ +3.1% vs 2023highest in 8 years
2025: €53k▼ -10.2% vs 2024
2018 → 2025
Working capital
€453k▼ 19.9%
2024 · €565k
2018: €452k
2019: €487k▲ +7.7% vs 2018
2020: €347k▼ -28.8% vs 2019lowest in 8 years
2021: €400k▲ +15.4% vs 2020
2022: €448k▲ +12.1% vs 2021
2023: €506k▲ +12.8% vs 2022
2024: €565k▲ +11.7% vs 2023highest in 8 years
2025: €453k▼ -19.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€400k-€448k▲ 12.1%€506k▲ 12.8%€565k▲ 11.7%€474k▼ 16.1%
2021: €400klowest in 5 years
2022: €448k▲ +12.1% vs 2021
2023: €506k▲ +12.8% vs 2022
2024: €565k▲ +11.7% vs 2023highest in 5 years
2025: €474k▼ -16.1% vs 2024
Operating result€63k-€66k▲ 4.9%€71k▲ 7.4%€77k▲ 8.6%€65k▼ 15.6%
2021: €63klowest in 5 years
2022: €66k▲ +4.9% vs 2021
2023: €71k▲ +7.4% vs 2022
2024: €77k▲ +8.6% vs 2023highest in 5 years
2025: €65k▼ -15.6% vs 2024
Net result€53k-€48k▼ 9.4%€58k▲ 18.8%€59k▲ 3.1%€53k▼ 10.2%
2021: €53k
2022: €48k▼ -9.4% vs 2021lowest in 5 years
2023: €58k▲ +18.8% vs 2022
2024: €59k▲ +3.1% vs 2023highest in 5 years
2025: €53k▼ -10.2% vs 2024
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 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €481k
Fixed assets
€21k ▲ 53,402%
Current assets
€460k ▼ 19.5%
Equity and liabilities €481k
Equity
€474k ▼ 16.1%
Debt
€7k ▲ 19.3%
Debt's share of the balance-sheet total rises from 1.1% to 1.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€71k
Cash flow
€60k
Current ratio
63.58▼
2024 · 94.24
Debt to equity
0.02▲
2024 · 0.01
ROE
11.2%▲
2024 · 10.5%
ROA
11.1%▲
2024 · 10.4%
Interest coverage
213.36
Debt ≤ 1 year
€7k▲
2024 · €6k
Income taxes
€21k▼
2024 · €23k
Staff costs
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€571k€481k▼
Fixed assets21/28€40€21k▲
Tangible fixed assets22/27-€21k
Furniture and vehicles24-€21k
Financial fixed assets28€40€40=
Current assets29/58€571k€460k▼
Amounts receivable within one year40/41€23k€25k▲
Trade receivables40€23k€24k▲
Other amounts receivable41€500€1k▲
Current investments50/53€109k€106k▼
Cash at bank and in hand54/58€438k€328k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€571k€481k▼
Equity10/15€565k€474k▼
Contributions10/11€12k€12k=
Reserves13€553k€462k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€551k€460k▼
Amounts payable17/49€6k€7k▲
Amounts payable within one year42/48€6k€7k▲
Trade debts44€1k€494▼
Suppliers440/4€1k€494▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€12€456▲
Income statement
Code20242025
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€7k
Other operating charges640/8€894€644▼
Gross operating margin9900€78k€74k▼
Operating profit (loss)9901€77k€65k▼
Financial income75/76B€6k€10k▲
Recurring financial income75€6k€10k▲
Financial charges65/66B€393€335▼
Recurring financial charges65€393€335▼
Profit (loss) for the period before taxes9903€82k€74k▼
Income taxes67/77€23k€21k▼
Profit (loss) for the period9904€59k€53k▼
Profit (loss) for the period to be appropriated9905€59k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€53k▼
Transfer from equity791/2-€144k
Transfer to equity691/2€59k€53k▼
To the legal reserve6920-€53k
To other reserves6921€59k-
Profit to be distributed694/7-€144k
Return on contributions (dividend)694-€144k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €1k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €7k | - |
| Other operating charges640/8 | - | €451 | €780 | €894 | €644 | ▼ 28.0% |
| Gross operating margin9900 | €63k | €66k | €71k | €78k | €74k | ▼ 5.2% |
| Operating profit (loss)9901 | €63k | €66k | €71k | €77k | €65k | ▼ 15.6% |
| Financial income75/76B | - | €8k | €9k | €6k | €10k | ▲ 65.2% |
| Recurring financial income75 | €4k | €8k | €9k | €6k | €10k | ▲ 65.2% |
| Financial charges65/66B | - | €5k | €247 | €393 | €335 | ▼ 14.8% |
| Recurring financial charges65 | €490 | €5k | €247 | €393 | €335 | ▼ 14.8% |
| Profit (loss) for the period before taxes9903 | €67k | €68k | €79k | €82k | €74k | ▼ 9.9% |
| Income taxes67/77 | €13k | €20k | €22k | €23k | €21k | ▼ 9.0% |
| Profit (loss) for the period9904 | €53k | €48k | €58k | €59k | €53k | ▼ 10.2% |
| Profit (loss) for the period to be appropriated9905 | €53k | €48k | €58k | €59k | €53k | ▼ 10.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €409k | €457k | €513k | €571k | €481k | ▼ 15.8% |
| Fixed assets21/28 | - | - | €40 | €40 | €21k | ▲ 53,402% |
| Tangible fixed assets22/27 | - | - | - | - | €21k | - |
| Furniture and vehicles24 | - | - | - | - | €21k | - |
| Financial fixed assets28 | - | - | €40 | €40 | €40 | = |
| Current assets29/58 | €409k | €457k | €513k | €571k | €460k | ▼ 19.5% |
| Amounts receivable after more than one year29 | - | €200k | €200k | - | - | - |
| Other amounts receivable291 | - | €200k | €200k | - | - | - |
| Amounts receivable within one year40/41 | €15k | €28k | €26k | €23k | €25k | ▲ 8.5% |
| Trade receivables40 | - | €28k | €25k | €23k | €24k | ▲ 5.5% |
| Other amounts receivable41 | - | - | €590 | €500 | €1k | ▲ 146% |
| Current investments50/53 | €91k | €80k | €79k | €109k | €106k | ▼ 2.9% |
| Cash at bank and in hand54/58 | €302k | €148k | €207k | €438k | €328k | ▼ 25.1% |
| Deferred charges and accrued income490/1 | - | €774 | €838 | €1k | €1k | ▼ 23.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €409k | €457k | €513k | €571k | €481k | ▼ 15.8% |
| Equity10/15 | €400k | €448k | €506k | €565k | €474k | ▼ 16.1% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €388k | €436k | €494k | €553k | €462k | ▼ 16.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €434k | €492k | €551k | €460k | ▼ 16.6% |
| Amounts payable17/49 | €9k | €9k | €7k | €6k | €7k | ▲ 19.3% |
| Amounts payable within one year42/48 | €9k | €9k | €7k | €6k | €7k | ▲ 19.3% |
| Trade debts44 | €7k | €1k | €2k | €1k | €494 | ▼ 56.2% |
| Suppliers440/4 | - | €1k | €2k | €1k | €494 | ▼ 56.2% |
| Taxes, remuneration and social security45 | - | €7k | €5k | €5k | €6k | ▲ 27.7% |
| Taxes450/3 | - | €4k | €2k | €2k | €3k | ▲ 69.3% |
| Remuneration and social security454/9 | - | €3k | €3k | €3k | €3k | ▲ 0.6% |
| Other amounts payable47/48 | - | €12 | €12 | €12 | €456 | ▲ 3,697% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53k | €48k | €58k | €59k | €53k | ▼ 10.2% |
| + Depreciation and write-downs630 | - | - | - | - | €7k | - |
| Operating cash flow (approximation) | €53k | €48k | €58k | €59k | €60k | ▲ 1.1% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €-28k | - |
| Change in cash | - | €-153k | €59k | €231k | €-110k | ▼ 148% |
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
Next filing, fiscal year 2026, expected by
2026
25-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €59k ▲3.1%
Operating result €77k, net result €59k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €500kEq €506k ▲12.8%
6 profitable years in a row build equity to €506k.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €35k ▼7%
Net result drops to €35k, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
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.
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Directors · office · real estate
Directors
4 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, Brasschaat · 1 establishment unit since 2000
Ground area
587 m²
Building footprint
165 m²
Volume, LiDAR
868 m³
Parcel 11324D0761/00W015, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Magdalenalei 20, 2930 Brasschaat
since 20002.101.038.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11324D0761/00W015 | Flanders | 587 m² | 1 · 165 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900D3SA9KE0JZ6X95
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 5,551 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-10-2000
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.