MODA
InactiveOverview
Activity
Activity not known
Size
€1.5mtotal assets 2025
- Equity
- €250,133
- Loss
- -€6,478
Turnover not published (abbreviated or micro format)
Financial health
Inactive: no score
Structure
- Parent
- GROEP VANOPLINUS F.F.G. · 100%
3 of 7 deeds summarised
Signalsraises riskPersistent lossesneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6,478
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 days early
2024
34 days early
2023
64 days late
2022
60 days late
2021
88 days late
2020
43 days early
2019
72 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- RestructuringMerger · Declaration · Real…
- Annual accounts filedfinancial year 2025 · abbreviated…
- RestructuringMerger · Capital · Board…
Financials · financial year 2025, abbreviated format
Equity
€250,133▼ 2.5%
2024 · €256,611
Total assets
€1.5m▲ 2.3%
2024 · €1.5m
Net result
-€6,478▲ 34.9%
2024 · -€9,954
Working capital
-€418,411▼ 34.8%
2024 · -€310,316
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is nearly 3.3 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.03m
2025
Net result-€0.006m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.5m
2025
Equity€0.3m
2025
Debt€1.3m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.4m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.09m-€0.1m▲ 15.8%€0.09m▼ 6.0%€0.08m▼ 9.2%€0.04m▼ 51.6%€0.09m▲ 130%€0.008m▼ 91.2%€0.03m▲ 227%
Net result€0.06m-€0.07m▲ 15.9%€0.07m▲ 6.7%€0.06m▼ 14.1%€0.02m▼ 63.5%€0.06m▲ 160%-€0.01m-€0.006m▲ 34.9%
Equity€0.3m-€0.3m▲ 4.1%€0.3m=€0.3m=€0.3m▼ 0.1%€0.3m▼ 0.2%€0.3m▼ 3.7%€0.3m▼ 2.5%
Total assets€0.4m-€0.5m▲ 11.4%€0.5m▼ 5.1%€0.6m▲ 34.9%€1.0m▲ 55.4%€0.9m▼ 1.3%€1.5m▲ 59.0%€1.5m▲ 2.3%
Debt€0.2m-€0.2m▲ 20.6%€0.2m▼ 11.5%€0.3m▲ 84.7%€0.7m▲ 98.2%€0.7m▼ 1.7%€1.3m▲ 83.8%€1.3m▲ 3.3%
Working capital-€0.01m--€0.03m▼ 70.6%-€0.06m▼ 118%-€0.1m▼ 153%-€0.2m▼ 71.6%-€0.3m▼ 10.6%-€0.3m▼ 16.2%-€0.4m▼ 34.8%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.5m ▲ 1.4%
Current assets
€26,933 ▲ 89.1%
Equity and liabilities €1.5m
Equity
€250,133 ▼ 2.5%
Provisions
€1,236 ▼ 13.6%
Debt
€1.3m ▲ 3.3%
Debt's share of the balance-sheet total rises from 82.9% to 83.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€58,316▼
2024 · €106,822
Cash flow
€24,907▼
2024 · €88,621
Current ratio
0.06▲
2024 · 0.04
Debt to equity
5.16▲
2024 · 4.87
ROE
-2.6%▲
2024 · -3.9%
ROA
-0.4%▲
2024 · -0.7%
Interest coverage
1.77▼
2024 · 5.81
Debt ≤ 1 year
€445,344▲
2024 · €324,562
Debt > 1 year
€846,189▼
2024 · €926,099
Income taxes
€647▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,266 | €6,942 | €6,942 | €19,259 | €69,699 | €11,352 | €98,576 | €31,385 | ▼ 68.2% |
| Other operating charges640/8 | - | - | - | €13,639 | €14,486 | €15,824 | €18,964 | €20,364 | ▲ 7.4% |
| Gross operating margin9900 | €107,497 | €118,393 | €113,234 | €117,161 | €125,010 | €121,103 | €125,786 | €78,679 | ▼ 37.5% |
| Operating profit (loss)9901 | €85,244 | €98,681 | €92,754 | €84,263 | €40,825 | €93,927 | €8,246 | €26,931 | ▲ 227% |
| Financial income75/76B | - | - | - | - | €2,908 | €0 | €2 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | - | €2,908 | €0 | €2 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €4,247 | €9,702 | €12,012 | €18,396 | €32,956 | ▲ 79.1% |
| Recurring financial charges65 | €2,914 | €2,833 | €2,800 | €4,247 | €9,702 | €12,012 | €18,396 | €32,956 | ▲ 79.1% |
| Profit (loss) for the period before taxes9903 | €82,330 | €95,849 | €89,955 | €80,015 | €34,031 | €81,915 | -€10,148 | -€6,025 | ▲ 40.6% |
| Transfer from deferred taxes780 | - | - | - | €60 | €60 | €194 | €194 | €194 | = |
| Income taxes67/77 | €25,935 | €28,232 | €20,179 | €20,110 | €12,175 | €25,114 | €0 | €647 | - |
| Profit (loss) for the period9904 | €56,396 | €65,369 | €69,776 | €59,965 | €21,917 | €56,995 | -€9,954 | -€6,478 | ▲ 34.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €181 | €181 | €581 | €581 | €581 | = |
| Profit (loss) for the period to be appropriated9905 | €56,396 | €59,867 | €69,776 | €60,146 | €22,098 | €57,576 | -€9,373 | -€5,897 | ▲ 37.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.4m | €0.5m | €0.5m | €0.6m | €1.0m | €0.9m | €1.5m | €1.5m | ▲ 2.3% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.3m | €0.6m | €1.0m | €0.9m | €1.5m | €1.5m | ▲ 1.4% |
| Tangible fixed assets22/27 | €0.4m | €0.4m | €0.3m | €0.6m | €1.0m | €0.9m | €1.5m | €1.5m | ▲ 1.4% |
| Land and buildings22 | - | - | - | €0.6m | €1.0m | €0.9m | €1.5m | €1.5m | ▲ 1.4% |
| Current assets29/58 | €0.07m | €0.1m | €0.1m | €0.01m | €0.002m | €0.001m | €0.01m | €0.03m | ▲ 89.1% |
| Amounts receivable within one year40/41 | €0.07m | €0.1m | €0.1m | €0.01m | €325 | €249 | €0.01m | €0.02m | ▲ 72.3% |
| Trade receivables40 | - | - | - | €141 | €0 | - | - | €0.007m | - |
| Other amounts receivable41 | - | - | - | €0.01m | €325 | €249 | €0.01m | €0.01m | ▲ 19.7% |
| Cash at bank and in hand54/58 | €0.002m | €56 | €0.002m | €118 | €376 | €2 | €409 | €124 | ▼ 69.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | €0.002m | €0.001m | €0.001m | €0.005m | ▲ 294% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.4m | €0.5m | €0.5m | €0.6m | €1.0m | €0.9m | €1.5m | €1.5m | ▲ 2.3% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 2.5% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.007m | ▼ 45.0% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Reserves not available under the articles1311 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Tax-exempt reserves132 | - | - | - | €0.006m | €0.005m | €0.005m | €0.004m | €0.004m | ▼ 13.6% |
| Distributable reserves133 | - | - | - | €0.01m | €0.01m | €0.01m | €0.005m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€0.002m | - | - | €0 | €0 | €0 | €0 | -€0.001m | - |
| Provisions and deferred taxes16 | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.001m | €0.001m | ▼ 13.6% |
| Deferred taxes168 | - | - | - | €0.002m | €0.002m | €0.002m | €0.001m | €0.001m | ▼ 13.6% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.2m | €0.3m | €0.7m | €0.7m | €1.3m | €1.3m | ▲ 3.3% |
| Amounts payable after more than one year17 | €0.09m | €0.06m | €0.02m | €0.2m | €0.4m | €0.4m | €0.9m | €0.8m | ▼ 8.6% |
| Financial debts170/4 | - | - | - | €0.2m | €0.4m | €0.4m | €0.9m | €0.8m | ▼ 8.6% |
| Amounts payable within one year42/48 | €0.08m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 37.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | €0.05m | €0.08m | €0.09m | ▲ 4.8% |
| Financial debts43 | - | - | - | €0.001m | €0.006m | €0.001m | €0.006m | €50 | ▼ 99.2% |
| Credit institutions430/8 | - | - | - | €0.001m | €0.006m | €0.001m | €0.006m | €50 | ▼ 99.2% |
| Trade debts44 | - | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | €0.07m | ▲ 220% |
| Suppliers440/4 | - | - | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.07m | ▲ 220% |
| Taxes, remuneration and social security45 | - | - | - | €0.008m | €0.008m | €0.01m | €0.01m | €0.001m | ▼ 95.1% |
| Taxes450/3 | - | - | - | €0.008m | €0.008m | €0.01m | €0.01m | €0.001m | ▼ 95.1% |
| Other amounts payable47/48 | - | - | - | €0.08m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 43.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.002m | €0.003m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,396 | €65,369 | €69,776 | €59,965 | €21,917 | €56,995 | -€9,954 | -€6,478 | ▲ 34.9% |
| + Depreciation and write-downs630 | €7,266 | €6,942 | €6,942 | €19,259 | €69,699 | €11,352 | €98,576 | €31,385 | ▼ 68.2% |
| Operating cash flow (approximation) | €63,662 | €72,312 | €76,719 | €79,225 | €91,616 | €68,347 | €88,621 | €24,907 | ▼ 71.9% |
| Investment in fixed assets (approximation) | - | €6,002 | €0 | -€281,097 | -€419,972 | €0 | -€645,296 | -€52,897 | ▲ 91.8% |
| Change in cash | - | -€1,706 | €1,805 | -€1,743 | €258 | -€374 | €408 | -€286 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-05-2026 | 2026-00121822 |
| 31-12-2024 | abbreviated format | 27-06-2025 | 2025-00234927 |
| 31-12-2023 | abbreviated format | 03-10-2024 | 2024-00501904 |
| 31-12-2022 | abbreviated format | 29-09-2023 | 2023-00471621 |
| 31-12-2021 | abbreviated format | 27-10-2022 | 2022-20485258 |
| 31-12-2020 | abbreviated format | 18-06-2021 | 2021-21400360 |
| 31-12-2019 | abbreviated format | 20-05-2020 | 2020-12800043 |
| 31-12-2018 | micro format | 13-05-2019 | 2019-12900538 |
| 31-12-2017 | micro format | 22-05-2018 | 2018-13500523 |
| 31-12-2016 | micro format | 04-05-2017 | 2017-11300072 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 3 of 7 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
1 ownerChain of control
Highest known parent: GROEP VANOPLINUS F.F.G.. The sources do not say who stands above it.
Owners 1
-
100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Capital over the years
- 13-05-2026 Capital stated in the deed · €244,618.43 · 433,805 shares
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
This company
Company
Director
Shareholding
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Acquisitions and mergers
1 transactionTaken over by:Groep Vanoplinus F.F.G.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
10-08
Gazette deed
RestructuringMerger · Declaration · Real estate13 facts ▸
Gazette deed
Restructuring
Merger · Declaration · Real estate13 facts ▸
- General meeting, 06-07-2026
- Merger, “met fusie door overneming gelijkgestelde verrichting”, approval (deed in Dutch)
- Declaration, “bevoorrechte aandelen of effecten, geen bevoorrechte aandelen of effecten waaraan bijzondere rechten werden toegekend” (deed in Dutch)
- Declaration, “bijzondere voordelen voor bestuurders, geen bijzondere voordelen toegekend aan de leden van de bestuursorganen van de fuserende vennootschappen” (deed in Dutch)
- Real estate, “Een magazijn, op en met grond en aanhorigheden, Arsenaalstraat 4 +” (deed in Dutch)
- Real estate, “Een magazijn op en met grond en aanhorigheden, Arsenaalstraat 4 +” (deed in Dutch)
- Real estate, “Eén vierde onverdeeld deel in volle eigendom in een magazijn, op en met grond en aanhorigheden, Arsenaalstraat 4 +” (deed in Dutch)
- Real estate, “Een toonzaal, op en met grond en aanhorigheden, gelegen Westlaan 214” (deed in Dutch)
- Real estate, “49/50ste in volle eigendom in een perceel grond, gelegen aan de Kleine Ardooisestraat” (deed in Dutch)
- Real estate, “Een perceel grond, gelegen Brugsesteenweg 133” (deed in Dutch)
- Real estate, “Een woning, op en met grond en aanhorigheden, gelegen Les Hauts Buttés 20” (deed in Dutch) (4 times)
- Power of attorney, Titeca
- +1 further fact in this act
26-05
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
13-05
Gazette deed
RestructuringMerger · Capital · Board composition27 facts ▸
Gazette deed
Restructuring
Merger · Capital · Board composition27 facts ▸
- Board meeting, 07-05-2026
- Merger, “fusie door overneming gelijkgestelde verrichting”, 1 (deed in Dutch)
- Merger, “fusie door overneming gelijkgestelde verrichting”, 2 (deed in Dutch)
- Merger, “fusie door overneming gelijkgestelde verrichting”, 3 (deed in Dutch)
- Merger, “fusie door overneming gelijkgestelde verrichting”, 4 (deed in Dutch)
- Capital, €675,000
- Board composition, Filip Vanoplinus (managing director)
- Board composition, Geert Vanoplinus (managing director)
- Capital, €62,000
- Board composition, Filip Vanoplinus (director) (4 times)
- Board composition, Geert Vanoplinus (director) (4 times)
- Capital, €62,500
- +15 further facts in this act
2025
27-06
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
31-12
Financial
Weakest financial yearnet -€9,954
Net result drops to -€9,954, the lowest in the series.
03-10
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format · 64 days late
2023
29-09
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 60 days late
10-07
Gazette deed
Registered office · Legal-form changeRegistered-office move2 facts ▸
Gazette deed
Registered office · Legal-form change
Registered-office move2 facts ▸
- Board meeting, “eenparigheid van stemmen, bestuursorgaan” (deed in Dutch)
- Registered-office move, Langebrugstraat 54,8800 Roeselare
2022
27-10
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format · 88 days late
2021
18-06
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial
Highest result from 2018 to 2025net €69,776 ▲6.7%
Net result €69,776, the highest in the series.
20-05
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
Show earlier events
2019
13-05
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
22-05
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
04-05
NBB filing
Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
3 of 7 deeds read
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Roeselare
Ground area
399 m²
Building footprint
138 m²
Building volume
1,249 m³
Parcel 36502B0899/00N000, Flanders · tallest building 12.7 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36502B0899/00N000 | Flanders | 399 m² | 1 · 138 m² | 12.7 m · 3 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Accounting effect: “01-01-2026” (deed in Dutch)deed of 10-08-2026
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “Griffie ondernemingsrechtbank, neerlegging en bekendmaking fusievoorstel” (deed in Dutch)3 more provisions in the deed, see the deed of 13-05-2026deed of 13-05-2026
Read from the deeds: 5 provisions, deed of 10-08-2026