MODA
ActiveSummary
MODA has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €315,585 and a net result of €56,952. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 37% of 12,713 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Retail trade
NACE 47511
Fastest staff growth in Heusden-Zolder, Wholesale and retail trade sector2 sites
Size
≈ €4.5mturnover 2025, estimated
- Staff
- 16.8 FTE
- Equity
- €315,585
- Profit
- €56,952
Turnover estimated from the gross margin
Structure
- PAUWELS MargreetDirector
- HERMANS Agnes Maria VictorineDirector
- JANSSENS Peter Carlo EmmanuelDirector
2025 accounts 1 day early1 of 7 deeds summarised
Why 87raises riskSector: Retail trade (NACE 47)lowers riskFounded in 2008Figures for financial year 2025 (filed 30-07-2026)Profit of €56,952 (financial year 2025)Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Average
Solvency
50+4
equity 25.1% of total assets
Liquidity
48+9
short-term debt 44.2% · cash 15.6%
Profitability
74+5
return on assets 4.5%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.4%▼ -0.3 percentage points vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.2 percentage points vs 06-2025
08-2025: 1.1%▲ +0.5 percentage points vs 07-2025highest value
09-2025: 0.5%▼ -0.6 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.5%▼ -0.1 percentage points vs 05-2026
07-2026: 0.7%▲ +0.2 percentage points vs 06-2026
08-2026: 0.3%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.41, compared with 1.19 in 2024, below the usual 1.5; short-term debt: 44.2% and cash: 15.6% of total assets), and 74.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 43% on solvency, 58% on liquidity, 65% on profitability and 80% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
25 days late
2023
1 day early
2022
4 days early
2021
23 days late
2020
27 days late
2019
55 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2025, abbreviated format
Turnover
≈ €4.5m
Estimated: probably between €3.1m and €6.8m
Total assets
€1.3m▲ 2.7%
2024 · €1.2m
Net result
€56,952▲ 26×
2024 · €2,196
Working capital
€230,243▲ 100%
2024 · €115,082
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is over 3.9 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2025
Net result€0.06m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.3m
2025
Equity€0.3m
2025
Debt€0.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency25.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.41
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)16.8
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.06m--€0.1m▼ 60.3%€0.1m€0.1m▼ 12.9%€0.07m▼ 42.4%€0.07m▼ 8.8%€0.03m▼ 61.7%€0.1m▲ 294%
Net result-€0.06m--€0.1m▼ 59.7%€0.1mabove the sector's middle half€0.1mabove the sector's middle half▼ 14.3%€0.05mwithin the sector's middle half▼ 60.9%€0.04mwithin the sector's middle half▼ 16.0%€0.002mbelow the sector's middle half▼ 94.3%€0.06mwithin the sector's middle half▲ 26×
Equity€0.02m--€0.08m€0.05mwithin the sector's middle half€0.2mwithin the sector's middle half▲ 215%€0.2mwithin the sector's middle half▲ 26.7%€0.3mwithin the sector's middle half▲ 17.7%€0.3mwithin the sector's middle half▲ 0.9%€0.3mwithin the sector's middle half▲ 22.0%
Total assets€0.3m-€0.4m▲ 13.7%€0.5mabove the sector's middle half▲ 41.3%€0.8mwithin the sector's middle half▲ 52.3%€0.9mwithin the sector's middle half▲ 17.1%€1.0mwithin the sector's middle half▲ 1.8%€1.2mwithin the sector's middle half▲ 28.4%€1.3mwithin the sector's middle half▲ 2.7%
Debt€0.3m-€0.5m▲ 47.7%€0.5m▲ 3.7%€0.6m▲ 33.5%€0.7m▲ 14.5%€0.7m▼ 3.0%€1.0m▲ 38.6%€0.9m▼ 2.5%
Working capital-€0.04m--€0.1m▼ 246%€0.001mwithin the sector's middle half€0.03mwithin the sector's middle half▲ 53×€0.1mwithin the sector's middle half▲ 279%€0.1mwithin the sector's middle half▼ 2.6%€0.1mwithin the sector's middle half▼ 5.5%€0.2mwithin the sector's middle half▲ 100%
Solvency6.0%--22.2%▼ 28.2pp10.4%within the sector's middle half▲ 32.5pp21.5%within the sector's middle half▲ 11.1pp23.2%within the sector's middle half▲ 1.8pp26.8%within the sector's middle half▲ 3.6pp21.1%within the sector's middle half▼ 5.8pp25.1%within the sector's middle half▲ 4.0pp
Current ratio0.85-0.63▼ 0.221.00within the sector's middle half▲ 0.371.08within the sector's middle half▲ 0.081.27within the sector's middle half▲ 0.191.26within the sector's middle half=1.19within the sector's middle half▼ 0.071.41within the sector's middle half▲ 0.22
Return on assets (ROA)-19.5%--27.4%▼ 7.9pp26.1%above the sector's middle half▲ 53.5pp14.7%above the sector's middle half▼ 11.4pp4.9%within the sector's middle half▼ 9.8pp4.0%within the sector's middle half▼ 0.9pp0.2%below the sector's middle half▼ 3.9pp4.5%within the sector's middle half▲ 4.3pp
Staff (FTE)10.3-11.2▲ 8.7%8.6above the sector's middle half▼ 23.2%10.2above the sector's middle half▲ 18.6%11.5above the sector's middle half▲ 12.7%13.1above the sector's middle half▲ 13.9%14.7above the sector's middle half▲ 12.2%16.8above the sector's middle half▲ 14.3%
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€472,780 ▼ 6.9%
Current assets
€786,848 ▲ 9.4%
Equity and liabilities €1.3m
Equity
€315,585 ▲ 22.0%
Debt
€944,043 ▼ 2.5%
Debt's share of the balance-sheet total falls from 78.9% to 74.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€235,826▲
2024 · €148,421
Cash flow
€194,126▲
2024 · €125,572
Quick ratio
1.08▲
2024 · 0.92
Debt to equity
2.99▼
2024 · 3.74
ROE
18.0%▲
2024 · 0.8%
Interest coverage
10.67▲
2024 · 6.66
Debt ≤ 1 year
€556,605▼
2024 · €604,348
Debt > 1 year
€210,913▼
2024 · €217,095
Income taxes
€19,650▲
2024 · €926
Staff costs
€589,114▲
2024 · €549,395
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,107 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98.0% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.0%
went bankrupt
0.9%
stopped otherwise
98.0%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,107 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.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €1,137 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €227,787 | €367,383 | €482,070 | €549,395 | €589,114 | ▲ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €58,068 | €43,457 | €44,824 | €53,673 | €90,709 | €80,966 | €123,376 | €137,174 | ▲ 11.2% |
| Other operating charges640/8 | - | - | - | €4,166 | €9,653 | €13,889 | €19,129 | €35,025 | ▲ 83.1% |
| Non-recurring operating charges66A | - | - | - | - | - | €184 | €0 | - | - |
| Gross operating margin9900 | €266,556 | €262,212 | €336,004 | €410,272 | €539,485 | €642,529 | €716,945 | €859,965 | ▲ 19.9% |
| Operating profit (loss)9901 | -€60,443 | -€96,907 | €143,139 | €124,646 | €71,740 | €65,420 | €25,045 | €98,652 | ▲ 294% |
| Financial income75/76B | - | - | - | €212 | €71 | €414 | €373 | €48 | ▼ 87.1% |
| Recurring financial income75 | €46 | €11 | €175 | €212 | €71 | €414 | €373 | €48 | ▼ 87.1% |
| Financial charges65/66B | - | - | - | €4,638 | €10,426 | €13,197 | €22,296 | €22,097 | ▼ 0.9% |
| Recurring financial charges65 | €2,851 | €4,493 | €5,593 | €4,638 | €10,426 | €13,197 | €22,296 | €22,097 | ▼ 0.9% |
| Profit (loss) for the period before taxes9903 | -€63,248 | -€101,389 | €137,721 | €120,220 | €61,385 | €52,637 | €3,122 | €76,603 | ▲ 25× |
| Income taxes67/77 | €671 | €706 | €680 | €2,842 | €15,461 | €14,068 | €926 | €19,650 | ▲ 21× |
| Profit (loss) for the period9904 | -€63,919 | -€102,095 | €137,041 | €117,379 | €45,924 | €38,569 | €2,196 | €56,952 | ▲ 26× |
| Profit (loss) for the period to be appropriated9905 | -€63,919 | -€102,095 | €137,041 | €117,379 | €45,924 | €38,569 | €2,196 | €56,952 | ▲ 26× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.3m | €0.4m | €0.5m | €0.8m | €0.9m | €1.0m | €1.2m | €1.3m | ▲ 2.7% |
| Fixed assets21/28 | €0.1m | €0.2m | €0.1m | €0.3m | €0.3m | €0.4m | €0.5m | €0.5m | ▼ 6.9% |
| Intangible fixed assets21 | - | €0.001m | €0.001m | €302 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.3m | €0.3m | €0.4m | €0.5m | €0.5m | ▼ 6.9% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.002m | €0.001m | €0.001m | €0.003m | ▲ 113% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.08m | €0.1m | €0.2m | €0.1m | ▼ 15.2% |
| Leasing and similar rights25 | - | - | - | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | ▼ 3.0% |
| Other tangible fixed assets26 | - | - | - | €0.005m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 12.4% |
| Financial fixed assets28 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Current assets29/58 | €0.2m | €0.2m | €0.4m | €0.5m | €0.6m | €0.6m | €0.7m | €0.8m | ▲ 9.4% |
| Stocks and contracts in progress3 | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.1m | €0.2m | €0.2m | ▲ 12.9% |
| Stocks30/36 | - | - | - | €0.08m | €0.08m | €0.1m | €0.2m | €0.2m | ▲ 12.9% |
| Amounts receivable within one year40/41 | €0.1m | €0.08m | €0.09m | €0.2m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 31.0% |
| Trade receivables40 | - | - | - | €0.2m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 31.0% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.002m | €0.01m | €0.001m | €0.001m | ▼ 36.3% |
| Cash at bank and in hand54/58 | €0.01m | €0.02m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 47.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 17.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.3m | €0.4m | €0.5m | €0.8m | €0.9m | €1.0m | €1.2m | €1.3m | ▲ 2.7% |
| Equity10/15 | €0.02m | -€0.08m | €0.05m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 22.0% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 23.7% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 23.7% |
| Profit (loss) carried forward14 | -€0.1m | -€0.2m | -€0.07m | - | - | - | - | - | - |
| Amounts payable17/49 | €0.3m | €0.5m | €0.5m | €0.6m | €0.7m | €0.7m | €1.0m | €0.9m | ▼ 2.5% |
| Amounts payable after more than one year17 | €0.06m | €0.07m | €0.05m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | ▼ 2.8% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | ▼ 2.8% |
| Amounts payable within one year42/48 | €0.2m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | €0.6m | ▼ 7.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.08m | €0.08m | €0.1m | €0.1m | ▼ 1.8% |
| Trade debts44 | €0.09m | €0.07m | €0.06m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 15.9% |
| Suppliers440/4 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 15.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 10.7% |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | €0.01m | €0.03m | €0.02m | ▼ 35.6% |
| Remuneration and social security454/9 | - | - | - | €0.06m | €0.08m | €0.1m | €0.1m | €0.1m | ▼ 3.7% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▼ 1.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.06m | €0.09m | €0.1m | €0.2m | ▲ 20.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€63,919 | -€102,095 | €137,041 | €117,379 | €45,924 | €38,569 | €2,196 | €56,952 | ▲ 26× |
| + Depreciation and write-downs630 | €58,068 | €43,457 | €44,824 | €53,673 | €90,709 | €80,966 | €123,376 | €137,174 | ▲ 11.2% |
| Operating cash flow (approximation) | -€5,851 | -€58,638 | €181,865 | €171,052 | €136,633 | €119,535 | €125,572 | €194,126 | ▲ 54.6% |
| Investment in fixed assets (approximation) | - | -€78,778 | -€34,431 | -€255,836 | -€95,287 | -€105,666 | -€257,594 | -€102,280 | ▲ 60.3% |
| Change in cash | - | €3,747 | €161,392 | -€34,428 | -€13,089 | -€9,449 | €12,882 | €63,201 | ▲ 391% |
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 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00358083 |
| 31-12-2024 | abbreviated format | 25-08-2025 | 2025-00400633 |
| 31-12-2023 | abbreviated format | 30-07-2024 | 2024-00306867 |
| 31-12-2022 | abbreviated format | 27-07-2023 | 2023-00278942 |
| 31-12-2021 | abbreviated format | 23-08-2022 | 2022-20306499 |
| 31-12-2020 | micro format | 27-08-2021 | 2021-56700094 |
| 31-12-2019 | micro format | 24-09-2020 | 2020-55000601 |
| 31-12-2018 | micro format | 19-08-2019 | 2019-47000140 |
| 31-12-2017 | micro format | 20-08-2018 | 2018-46500008 |
| 31-12-2016 | micro format | 07-08-2017 | 2017-41100509 |
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BE 0826.728.921
Heist-op-den-Berg · equity €416,269
OLGAMAURA
BE 0698.953.492
Gent · equity €238,600
Of the 259 active companies whose main activity is retail trade (NACE 47511), figures are known for 102. 48 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
under verification, last change in 2023
This board is reconstructed from a single act (23307592). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
PAUWELS Margreet
CurrentDirector · since 19-01-2023
HERMANS Agnes Maria Victorine
CurrentDirector (not named in the articles)
JANSSENS Peter Carlo Emmanuel
CurrentDirector (not named in the articles)
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 7 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2023, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PAUWELS Margreet |
|
| HERMANS Agnes Maria Victorine |
|
| JANSSENS Peter Carlo Emmanuel |
|
Owners and capital
Capital and shareholders
Capital over the years
- 24-01-2023 Converted to unavailable equity
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
25-08
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format · 25 days late
2024
30-07
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
2023
27-07
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
24-01
Gazette deed
Resignations: HERMANS Agnes Maria Victorine (manager) and JANSSENS Peter Carlo Emmanuel (manager)Reappointments: HERMANS Agnes Maria Victorine (director) and JANSSENS Peter Carlo Emmanuel (director) · Appointment: PAUWELS Margreet (director) · Amendment of the articles12 facts ▸
Gazette deed
Resignations: HERMANS Agnes Maria Victorine (manager) and JANSSENS Peter Carlo Emmanuel (manager)
Reappointments: HERMANS Agnes Maria Victorine (director) and JANSSENS Peter Carlo Emmanuel (director) · Appointment: PAUWELS Margreet (director) · Amendment of the articles12 facts ▸
- General meeting, 19-01-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Director resignation, HERMANS Agnes Maria Victorine (manager)
- Director reappointment, HERMANS Agnes Maria Victorine (director (not named in the articles))
- Director resignation, JANSSENS Peter Carlo Emmanuel (manager)
- Director reappointment, JANSSENS Peter Carlo Emmanuel (director (not named in the articles))
- Director appointment, PAUWELS Margreet (director)
- Registered-office move, Beringersteenweg 14, 3550 Heusden-Zolder
- Power of attorney
2022
31-12
Financial
Equity above €200,000equity €217,867 ▲26.7%
3 profitable years in a row build equity to €217,867.
23-08
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format · 23 days late
2021
31-12
Financial
Equity above €150,000equity €171,944 ▲215%
2 profitable years in a row build equity to €171,944.
27-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 27 days late
2020
31-12
Financial
Back to profitnet €137,041
Net result €137,041 after 2 loss-making years.
24-09
NBB filing
Annual accounts filed
financial year 2019 · micro format · 55 days late
2019
31-12
Financial
Weakest financial yearnet -€102,095
Net result drops to -€102,095, the lowest in the series; recovery starts the following year.
Show earlier events
19-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 19 days late
2018
20-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 20 days late
2017
07-08
NBB filing
Annual accounts filed
financial year 2016 · micro format · 7 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
1 of 7 deeds read
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded21-02-2008
Financial year end31-12
Activities, NACEBEL 2025
47511Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0896018197
Registered
04-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Heusden-Zolder · 2 establishment units since 2008
Ground area
2,944 m²
Building footprint
520 m²
Building volume
3,236 m³
2 parcels, Flanders · tallest building 10.9 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
MODA
since 2008unit no. 2.169.269.495
MODA
since 2018unit no. 2.280.549.776
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71025A1953/00M005 | Flanders | 1,865 m² | 1 · 283 m² | 9.5 m · 2 |
| 71025A0109/00X003 | Flanders | 1,079 m² | 1 · 238 m² | 10.8 m · 1 |
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Kleinhandel in kledingstoffen en meubileringstoffen; Kleinhandel in breigarens; Kleinhandel in fournituren: naaigaren,band,lint,naalden enz…” (deed in Dutch)
30 activities (deed in Dutch)
- Kleinhandel in kledingstoffen en meubileringstoffen
- Kleinhandel in breigarens
- Kleinhandel in fournituren: naaigaren,band,lint,naalden enz.
- Kleinhandel in materiaal voor de vervaardiging van tapijten,tapisserieën en borduurwerk
- Kleinhandel in imitatiesieraden,gadgets,enz.
- Groothandel in garen
- Groothandel in kleding,kledingtoebehoren en bontartikelen
- Gespecialiseerde kleinhandel in geschenken m.b.t. de woninginrichting
- Gespecialiseerde detailhandel in drogisterijartikelen en onderhoudsproducten
- Detailhandel in textiel
- Detailhandel in bovenkleding voor heren,dames en kinderen (algemeen assortiment)
- Openbare markten en leurhandel
- Zowel voor eigen rekening,voor rekening van derden als op commissie,zowel in België als in het buitenland vervoer van brieven en kleine paketten langs de weg;op- en overslag;handling van goederen voor derden;organisatie van koerierdienst
- De onderneming van taxi-bedrijf,personenvervoer per autocar,verhuren van autovoertuigen,goederenvervoer langs de weg
- De uitbating van garage en stalling voor motorvoertuigen en -rijwielen
- Groot- en kleinhandel,import en export van motorvoertuigen en rijwielen,hun onderdelen en toebehoren en van tweedehands auto’s en motorrijwielen,hun onderdelen en toebehoren
- Het optreden als tussenpersoon in de hoger vermelde handel van motorvoertuigen,-rijwielen en hun onderdelen als makelaar,zelfstandige handelsvertegenwoordiger en als commissionair
- De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel of welke van aard zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
- De vennootschap kan alle om het even welke verrichtingen uitvoeren nodig of nuttig voor de verwezenlijking van haar maatschappelijk doel
- Uitbaten van een reisbureau,waaronder het optreden als reisagent,het boeken,kopen en verkopen van reizen ingericht door zichzelf of door derden
- Verschaffen van informatie en advies over reizen
- Organiseren van reizen en excursies,regelen van reizen op maat,onderdak en vervoer van reizigers en toeristen
- Verkoop aan de hand van brochures en catalogi van door touroperators georganiseerde reizen
- Reisorganisator die,in het algemeen,een uitgebreid assortiment van reizen aanbiedt,waarbij de cliënt aan de hand van brochures en catalogi kan kiezen tussen diverse formules en bestemmingen
- Reisorganisator gespecialiseerd in bepaalde vakantieformules die daarin specifieke bestemmingen aanbieden
- Toeristische informatiedienst
- Tussenpersoon in de handel,in de meest ruime zin,ondermeer tussenpersoon in de handel van goederen,diensten,reizen,enzovoort
- Huren en verhuren van auto’s en autocars,dit in de meest ruime zin
- De aan- en verkoop,in- en uitvoer van alle mogelijke artikelen die verband houden met reizen of de reisindustrie,zoals ondermeer doch niet beperkt tot boeken,kaarten,koffers
- Zij mag betrokken zijn,bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen die een gelijkaardig,soortgelijk of samenhangend doel hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van het maatschappelijk doel
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MODA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, exploitatiezetels,administratieve zetels,filialen,agentschappen en depots in België of het buitenland” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper(s), geen beroep op rechter open” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering oproepen, bestuursorgaan” (deed in Dutch)“Op elk moment, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding en sluiting vereffening in één akte, onder voorwaarden artikel 2:80 WVV” (deed in Dutch)“Gewone meerderheid, voorzitter bevoegde ondernemingsrechtbank indien staat van actief en passief artikel 2:71 §2 tweede lid WVV toont dat…” (deed in Dutch)