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MODA-H

Active
Private limited companyfounded 20241 yr activeRue de Mons 253, 7380 Quiévrain, BelgiumKBO/BCE: BE 1016.173.681
Summary

MODA-H has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,790 and a net result of €14,404. Its solvency ranks better than 34% of 18626 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes
Profitability69
Solvency41
Growth-
Track record67
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.11; short-term debt: 84.1% and cash: 6% of total assets), and 84.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
15.9%
Return on assets
14.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 November 2024, MODA-H was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
€617,130
EBIT margin
3.1%
Net result
€14,404
Working capital
€9,183

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €99,448
Fixed assets €6,607
Current assets €92,841
Equity and liabilities €99,448
Equity €15,790
Debt €83,658
Debt finances 84.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€21,422
Cash flow
€16,847
Current ratio
1.11
Quick ratio
0.89
Debt to equity
5.30
ROE
91.2%
ROA
14.5%
Interest coverage
37.23
Debt ≤ 1 year
€83,658
Income taxes
€4,000
Staff costs
€13,399

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% 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 1.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 2,390 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
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€99,448
Fixed assets21/28€6,607
Tangible fixed assets22/27€3,607
Furniture and vehicles24€3,607
Financial fixed assets28€3,000
Current assets29/58€92,841
Stocks and contracts in progress3€18,655
Stocks30/36€18,655
Amounts receivable within one year40/41€67,871
Trade receivables40€65,601
Other amounts receivable41€2,270
Cash at bank and in hand54/58€5,917
Deferred charges and accrued income490/1€398
Equity and liabilities
Total equity and liabilities10/49€99,448
Equity10/15€15,790
Contributions10/11€1,385
Profit (loss) carried forward14€14,404
Amounts payable17/49€83,658
Amounts payable within one year42/48€83,658
Trade debts44€75,809
Suppliers440/4€75,809
Taxes, remuneration and social security45€7,849
Taxes450/3€4,095
Remuneration and social security454/9€3,755
Income statement Code2025
Turnover70€617,130
Goods, raw materials, services and sundry goods60/61€582,204
Remuneration, social security and pensions62€13,399
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,443
Other operating charges640/8€2,893
Gross operating margin9900€37,714
Operating profit (loss)9901€18,979
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€575
Recurring financial charges65€575
Profit (loss) for the period before taxes9903€18,404
Income taxes67/77€4,000
Profit (loss) for the period9904€14,404
Profit (loss) for the period to be appropriated9905€14,404
Appropriation of the result
Profit (loss) to be appropriated9906€14,404

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€617,130
Goods, raw materials, services and sundry goods60/61€582,204
Remuneration, social security and pensions62€13,399
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,443
Other operating charges640/8€2,893
Gross operating margin9900€37,714
Operating profit (loss)9901€18,979
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€575
Recurring financial charges65€575
Profit (loss) for the period before taxes9903€18,404
Income taxes67/77€4,000
Profit (loss) for the period9904€14,404
Profit (loss) for the period to be appropriated9905€14,404
Line2025
Assets
Total assets20/58€99,448
Fixed assets21/28€6,607
Tangible fixed assets22/27€3,607
Furniture and vehicles24€3,607
Financial fixed assets28€3,000
Current assets29/58€92,841
Stocks and contracts in progress3€18,655
Stocks30/36€18,655
Amounts receivable within one year40/41€67,871
Trade receivables40€65,601
Other amounts receivable41€2,270
Cash at bank and in hand54/58€5,917
Deferred charges and accrued income490/1€398
Equity and liabilities
Total equity and liabilities10/49€99,448
Equity10/15€15,790
Contributions10/11€1,385
Profit (loss) carried forward14€14,404
Amounts payable17/49€83,658
Amounts payable within one year42/48€83,658
Trade debts44€75,809
Suppliers440/4€75,809
Taxes, remuneration and social security45€7,849
Taxes450/3€4,095
Remuneration and social security454/9€3,755
Line2025
Profit (loss) for the period9904€14,404
+ Depreciation and write-downs630€2,443
Operating cash flow (approximation)€16,847

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Quiévrain · 1 establishment unit since 2024
seat establishment approximate The establishment unit on the map
Ground area
142 m²
Building footprint
34 m²
Volume, LiDAR
253 m³
Parcel 53068A1613/00A002, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MODA-H
Rue de Mons 253, 7380 QuiévrainRetail trade
since 20242.366.419.522
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53068A1613/00A002indicative Wallonia 141 m² 1 · 34 m² 9.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
0 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

Food safety, FASFC

1 site
Quiévrain2.366.419.522
1 permission
Toelating · Detailhandel · since 25-11-2024

Similar companies · same sector, comparable size

Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. 3,945 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
Founded13-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016173681
Also 9925:BE1016173681
Registered 01-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.