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MODA K.H.

Active
Private limited companyfounded 20233 yrs activeRue du Village 18, 7390 Quaregnon, BelgiumKBO/BCE: BE 0804.246.992
Summary

The computed 12-month bankruptcy probability of MODA K.H. is 4.3% (elevated). The 2024 annual accounts show negative equity (-€11,152) and a net result of -€14,652. Its solvency ranks better than 18% of 26049 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency10
Growth-
Track record79
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77; short-term debt: 113.5% and cash: 30.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-15.5%
Return on assets
-20.3%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 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
2024
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 19 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

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 25 July 2023, MODA K.H. was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€11,152
Total assets
€72,096
Net result
-€14,652
Working capital
-€18,687

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

Balance-sheet composition
Assets €72,096
Fixed assets €8,984
Current assets €63,112
Key figures and ratios
2024 value
EBITDA
-€10,883
Cash flow
-€13,395
Solvency
-15.5%
Current ratio
0.77
Quick ratio
0.50
Debt to equity
-7.46
ROA
-20.3%
Interest coverage
-4.16
Debt
€83,248
Debt ≤ 1 year
€81,798

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,657 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 · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€72,096
Fixed assets21/28€8,984
Tangible fixed assets22/27€8,984
Plant, machinery and equipment23€6,157
Furniture and vehicles24€2,828
Current assets29/58€63,112
Stocks and contracts in progress3€22,456
Stocks30/36€22,456
Amounts receivable within one year40/41€13,073
Trade receivables40€13,073
Cash at bank and in hand54/58€22,179
Deferred charges and accrued income490/1€5,404
Equity and liabilities
Total equity and liabilities10/49€72,096
Equity10/15-€11,152
Contributions10/11€3,500
Profit (loss) carried forward14-€14,652
Amounts payable17/49€83,248
Amounts payable within one year42/48€81,798
Trade debts44€17,406
Suppliers440/4€17,406
Taxes, remuneration and social security45€52,375
Taxes450/3€41,091
Remuneration and social security454/9€11,284
Other amounts payable47/48€12,017
Accrued charges and deferred income492/3€1,450
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,257
Other operating charges640/8€7,239
Gross operating margin9900-€3,645
Operating profit (loss)9901-€12,140
Financial income75/76B€107
Recurring financial income75€107
Financial charges65/66B€2,619
Recurring financial charges65€2,619
Profit (loss) for the period before taxes9903-€14,652
Profit (loss) for the period9904-€14,652
Profit (loss) for the period to be appropriated9905-€14,652
Appropriation of the result
Profit (loss) to be appropriated9906-€14,652

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,257
Other operating charges640/8€7,239
Gross operating margin9900-€3,645
Operating profit (loss)9901-€12,140
Financial income75/76B€107
Recurring financial income75€107
Financial charges65/66B€2,619
Recurring financial charges65€2,619
Profit (loss) for the period before taxes9903-€14,652
Profit (loss) for the period9904-€14,652
Profit (loss) for the period to be appropriated9905-€14,652
Line2024
Assets
Total assets20/58€72,096
Fixed assets21/28€8,984
Tangible fixed assets22/27€8,984
Plant, machinery and equipment23€6,157
Furniture and vehicles24€2,828
Current assets29/58€63,112
Stocks and contracts in progress3€22,456
Stocks30/36€22,456
Amounts receivable within one year40/41€13,073
Trade receivables40€13,073
Cash at bank and in hand54/58€22,179
Deferred charges and accrued income490/1€5,404
Equity and liabilities
Total equity and liabilities10/49€72,096
Equity10/15-€11,152
Contributions10/11€3,500
Profit (loss) carried forward14-€14,652
Amounts payable17/49€83,248
Amounts payable within one year42/48€81,798
Trade debts44€17,406
Suppliers440/4€17,406
Taxes, remuneration and social security45€52,375
Taxes450/3€41,091
Remuneration and social security454/9€11,284
Other amounts payable47/48€12,017
Accrued charges and deferred income492/3€1,450
Line2024
Profit (loss) for the period9904-€14,652
+ Depreciation and write-downs630€1,257
Operating cash flow (approximation)-€13,395

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

2025
19-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Quaregnon · 1 establishment unit since 2023
seat establishment approximate The establishment unit on the map
Ground area
163 m²
Building footprint
83 m²
Volume, LiDAR
794 m³
Parcel 53065B0812/00R000, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MODA K.H
Rue du Village 18, 7390 QuaregnonRetail trade
since 20232.347.672.687
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53065B0812/00R000 Wallonia 163 m² 1 · 83 m² 11.3 m · 3 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,495 companies in sector 47716 we hold annual accounts for 2,440. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47715Retail trade
47721Retail sale of footwear
47722Retail trade
Contact
Phone 0489773017
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804246992
Registered 13-12-2025

Register as of 27 September 2026 · Peppol Directory

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