Equity
MODA has made a profit in every financial year since 2016.
MODA has made a profit in every financial year since 2016.
The micro format states no turnover.
Green is investment, beige is depreciation.
Short-term debts rose from €83,278 to €124,001.
2025 accounts not filed: deadline was 31-07-2026.
More equity than 85% of companies in retail trade. Sector median €39,199 · 25,693 companies.
In July 2024, 34,691 companies had the same profile as MODA has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,691 companies, not a prediction for MODA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MODA Antwerp | €334,147 | €35,522 | 62.9% | - |
| CNT Antwerp | €305,395 | €32,099 | 43.7% | - |
| Diel Antwerp | €356,568 | €40,528 | -272.2% | - |
| LES TROUVÈRES & ASSOCIÉS Anderlecht | €333,250 | €37,416 | 40.1% | - |
| JOIE DE VIVRE Kapellen | €363,517 | €36,874 | 10.9% | - |
| MILLE SENSI Turnhout | €330,480 | €20,793 | 74.3% | - |
| K & G Van de Ven Tervuren | €337,577 | €49,572 | 49.1% | - |
These companies have the same main activity as MODA: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €305,000 and €364,000, founded between 2012 and 2016.
MODA files the micro format. That format states no turnover. The gross margin fell from €40,814 in 2016 to €35,522 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 12 November 2026.
Higher than 75% of 25,635 companies in 2024.
Higher than 47% of 24,689 companies in 2024.
Higher than 58% of 24,859 companies in 2024.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
334,147 | 274,391 | 244,581 | 249,586 | 205,244 | 298,479 | 170,734 | 178,853 | 125,346 | |
20 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
21/28 |
167,139 | 8,058 | 15,119 | 18,666 | 35,044 | 19,603 | 3,143 | 1,660 | 300 | |
21 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
22/27 |
166,039 | 6,958 | 14,019 | 17,566 | 33,944 | 18,503 | 2,043 | 1,360 | - | |
22 |
37,528 | - | - | - | 0 | 0 | 0 | 0 | - | |
23 |
- | 97 | 890 | 1,684 | 2,477 | 680 | 1,020 | 1,360 | - | |
24 |
128,511 | 6,861 | 13,129 | 15,882 | 31,467 | 17,823 | 1,023 | 0 | - | |
26 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
27 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
28 |
1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 300 | 300 | |
29/58 |
167,008 | 266,333 | 229,462 | 230,920 | 170,200 | 278,876 | 167,591 | 177,193 | 125,046 | |
290 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
291 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
3 |
19,850 | 18,663 | 18,234 | 28,672 | 60,000 | 125,000 | 75,000 | 114,167 | 67,000 | |
30/36 |
19,850 | 18,663 | 18,234 | 28,672 | 60,000 | 90,000 | 75,000 | 55,000 | 55,000 | |
37 |
- | - | - | - | 0 | 35,000 | 0 | 59,167 | 12,000 | |
40/41 |
64,697 | 121,296 | 124,816 | 175,083 | 95,310 | 151,911 | 83,964 | 61,978 | 44,552 | |
40 |
64,697 | 121,177 | 114,756 | 168,552 | 91,122 | 133,024 | 53,335 | 20,516 | 16,398 | |
41 |
- | 120 | 10,060 | 6,531 | 4,188 | 18,887 | 30,629 | 41,461 | 28,154 | |
50/53 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
54/58 |
82,460 | 125,529 | 85,595 | 26,348 | 12,843 | 1,965 | 8,627 | 1,049 | 13,494 | |
490/1 |
- | 845 | 817 | 817 | 2,047 | 0 | 0 | 0 | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
334,147 | 274,391 | 244,581 | 249,586 | 205,244 | 298,479 | 170,734 | 178,853 | 125,346 | |
10/15 |
210,146 | 191,113 | 165,311 | 127,400 | 108,307 | 69,928 | 51,485 | 40,460 | 27,609 | |
10/11 |
12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | |
100 |
- | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | 5,950 | 5,950 | 5,950 | 5,950 | 5,950 | |
11 |
12,650 | 12,650 | 12,650 | 12,650 | 0 | 0 | 0 | 0 | - | |
1100/10 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
1109/19 |
12,650 | 12,650 | 12,650 | 12,650 | 0 | - | - | - | - | |
12 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
13 |
197,496 | 178,463 | 152,661 | 114,750 | 95,657 | 57,278 | 38,835 | 27,810 | 14,959 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 0 | - | - | - | - | |
1312 |
- | - | - | - | - | 0 | 0 | 0 | - | |
1313 |
- | - | - | - | 0 | - | - | - | - | |
1319 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
132 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
133 |
195,636 | 176,603 | 150,801 | 112,890 | 93,797 | 55,418 | 36,975 | 25,950 | 13,099 | |
14 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
15 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
19 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
160 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
161 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
162 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
163 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
164/5 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
168 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
17/49 |
124,001 | 83,278 | 79,270 | 122,186 | 96,937 | 228,552 | 119,249 | 138,394 | 97,737 | |
17 |
- | - | 8,624 | 8,624 | 15,876 | 20,917 | 12,678 | 18,670 | 24,441 | |
170/4 |
- | - | 8,624 | 8,624 | 15,876 | 20,917 | 12,678 | 18,670 | 24,441 | |
175 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
176 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
178/9 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
42/48 |
124,001 | 83,278 | 70,646 | 113,562 | 81,061 | 207,635 | 106,571 | 119,724 | 73,296 | |
42 |
- | - | - | 7,253 | 13,610 | 9,978 | 5,992 | 5,771 | 5,559 | |
43 |
- | - | - | - | - | 2,880 | - | - | - | |
430/8 |
- | - | - | - | 0 | 2,880 | 0 | 0 | - | |
439 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
44 |
51,347 | 48,765 | 46,811 | 62,195 | 34,050 | 24,333 | 90,188 | 35,711 | 41,502 | |
440/4 |
51,347 | 48,765 | 46,811 | 62,195 | 34,050 | 24,333 | 90,188 | 35,711 | 41,502 | |
441 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
46 |
- | - | - | 25,514 | 25,947 | 158,400 | 0 | 48,210 | - | |
45 |
18,703 | 30,070 | 19,393 | 14,158 | 3,012 | 12,044 | 10,391 | 6,031 | 2,235 | |
450/3 |
18,703 | 30,070 | 19,393 | 14,158 | 3,012 | 12,044 | 10,391 | 6,031 | 2,235 | |
454/9 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
47/48 |
53,951 | 4,442 | 4,442 | 4,442 | 4,442 | 0 | 0 | 24,000 | 24,000 | |
492/3 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
| Income statement | ||||||||||
70 |
- | - | - | - | - | 340,215 | - | - | - | |
76A |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
9900 |
35,522 | 46,025 | 63,817 | 57,469 | 50,821 | 30,772 | 19,564 | -2,500 | 40,814 | |
60/61 |
- | - | - | - | - | -309,442 | - | - | - | |
62 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
630 |
8,235 | 7,062 | 7,062 | 7,062 | 5,461 | 4,540 | 340 | 340 | - | |
631/4 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
635/8 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
640/8 |
2,948 | 985 | 951 | 2,769 | 1,489 | 1,183 | 1,664 | 892 | 410 | |
649 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
66A |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
9901 |
24,339 | 37,979 | 55,804 | 47,638 | 43,871 | 25,050 | 17,560 | -3,732 | 40,404 | |
75/76B |
- | - | - | - | 50 | 951 | 9,820 | 19,007 | 1,311 | |
75 |
- | - | - | - | 50 | 951 | 8,820 | 1,096 | 1,311 | |
76B |
- | - | - | - | 0 | 0 | 1,000 | 17,911 | - | |
65/66B |
- | - | - | 1,010 | 2,213 | 4,179 | 16,057 | 2,423 | 2,758 | |
65 |
- | - | - | 1,010 | 2,213 | 4,179 | 16,057 | 2,423 | 2,758 | |
66B |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
9903 |
24,339 | 37,979 | 55,804 | 46,628 | 41,708 | 21,821 | 11,323 | 12,851 | 38,957 | |
67/77 |
5,306 | 12,177 | 17,893 | 27,535 | 3,328 | 3,378 | 3,729 | 0 | - | |
9904 |
19,033 | 25,801 | 37,911 | 19,093 | 38,380 | 18,443 | 7,594 | 12,851 | 38,957 | |
789 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
689 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
9905 |
19,033 | 25,801 | 37,911 | 19,093 | 38,380 | 18,443 | 7,594 | 12,851 | 38,957 | |
| Appropriation of the result | ||||||||||
9906 |
19,033 | 25,801 | 37,911 | 19,093 | 38,380 | 18,443 | 7,594 | 12,851 | 38,957 | |
791/2 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
691/2 |
19,033 | 25,801 | 37,911 | 19,093 | 38,380 | 18,443 | 7,594 | 12,851 | 14,957 | |
691 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
6920 |
- | - | - | - | 38,380 | 18,443 | 7,594 | 12,851 | 1,860 | |
6921 |
19,033 | 25,801 | 37,911 | 19,093 | 0 | 0 | 0 | 0 | 13,097 | |
694/7 |
- | - | - | - | - | - | - | - | 24,000 | |
694 |
- | - | - | - | 0 | 0 | 0 | 0 | 24,000 | |
695 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
696 |
- | - | - | - | 0 | 0 | 0 | 0 | - | |
| Document | ||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 30-09-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00534880 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00498658 | |
| 31-12-2022 | micro format | 30-12-2023 | 2024-00544767 | |
| 31-12-2021 | micro format | 31-12-2022 | 2023-20554549 | |
| 31-12-2020 | micro format | 09-11-2021 | 2021-76800590 | |
| 31-12-2019 | micro format | 06-10-2020 | 2020-59500087 | |
| 31-12-2018 | micro format | 22-01-2020 | 2020-01900006 | |
| 31-12-2017 | micro format | 24-09-2018 | 2018-64300550 | |
| 31-12-2016 | abbreviated format | 22-02-2018 | 2018-05300595 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 32,574 | 45,040 | 62,866 | 54,700 | 49,332 | 29,590 | 17,900 | -3,392 | - | ||
| 27,268 | 32,863 | 44,973 | 26,155 | 43,841 | 22,983 | 7,934 | 13,191 | - | ||
| 167,317 | 0 | 3,516 | -9,316 | 20,902 | 21,000 | 1,823 | 1,700 | 300 | ||
| -43,069 | 39,934 | 59,247 | 13,505 | 10,878 | -6,662 | 7,579 | -12,445 | - | ||
| 43,007 | 183,055 | 158,816 | 117,358 | 89,139 | 71,241 | 61,020 | 57,469 | 51,750 | ||
| - | - | - | - | - | 7.4% | - | - | - | ||
| 62.9% | 69.6% | 67.6% | 51.0% | 52.8% | 23.4% | 30.2% | 22.6% | 22.0% | ||
| 1.35 | 3.20 | 3.25 | 2.03 | 2.10 | 1.34 | 1.57 | 1.48 | 1.71 | ||
| 1.19 | 2.97 | 2.99 | 1.78 | 1.36 | 0.74 | 0.87 | 0.53 | 0.79 | ||
| 0.59 | 0.44 | 0.48 | 0.96 | 0.90 | 3.27 | 2.32 | 3.42 | 3.54 | ||
| 9.1% | 13.5% | 22.9% | 15.0% | 35.4% | 26.4% | 14.8% | 31.8% | 141.1% | ||
| 5.7% | 9.4% | 15.5% | 7.6% | 18.7% | 6.2% | 4.4% | 7.2% | 31.1% | ||
| - | - | - | 54.16 | - | - | - | - | - | ||
| - | - | - | - | - | 143 days | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €167,317 | - | €3,516 | - |
| €8,235 | €7,062 | €7,062 | €7,062 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is 36% lower than in 2023 and the lowest since 2018. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 30.4% to 37.1%. Equity and debt are higher.
MODA has no parent and no holdings in its annual accounts. is the only director. MODA shares no director with another company.
| Georgiev, Parashkev (sole trader)
establishment since 01-08-2017 |
founded in 2017 0679.969.010 |
| INTERTAN CANADA LTD
establishment since 24-06-1988 |
founded in 1987 0430.349.012 |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| MODA BVBA registered office Abdijstraat 227, 2020 Antwerp 31002 Manufacture of furniture | 16-02-2015 | 2.240.151.850 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11809I2411/00A005 | 148 m² | 1 · 154 m² | 17.5 m · 5 |
If something looks wrong or is missing, please tell us.