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MODAIMMO

Active
Private limited companyfounded 20197 yrs activeRue de la Neuve Cour 2, 5334 Assesse, BelgiumKBO/BCE: BE 0719.917.766
Summary

MODAIMMO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €314,855 and a net result of €1,222. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability31▼-39
Solvency44▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.03 in 2023; short-term debt: 23.8% and cash: 3.6% of total assets), but 80.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 7 years 0 10 y
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 37948 sector peers (2024).
NBB · sector comparison
Position among 37948 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
58 d late
2022
60 d late
2021
33 d late
2020
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 54 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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

MODAIMMO was incorporated on 6 February 2019.1 Total assets rose from EUR 1.3 million in 2020 to EUR 1.6 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€314,855▲ 2,210%
2023 · €13,633
Total assets
€1.6m▲ 4.3%
2023 · €1.6m
Net result
€1,222▼ 91.4%
2023 · €14,163
Working capital
€365,616▲ 1,640%
2023 · €21,013
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€50,500--€18,161▲ 64.0%-€14,465▲ 20.4%-€16,326▼ 12.9%€3,330
Net result-€23,973-€10,168-€5,274€14,163€1,222▼ 91.4%
Equity-€5,423-€4,744-€530€13,633€314,855▲ 2,210%
Total assets€1.3m-€1.3m▲ 2.4%€1.4m▲ 3.8%€1.6m▲ 12.9%€1.6m▲ 4.3%
Debt€1.3m-€1.3m▲ 1.6%€1.4m▲ 4.2%€1.5m▲ 11.9%€1.3m▼ 15.1%
Working capital-€375,859-€237,601€227,555▼ 4.2%€21,013▼ 90.8%€365,616▲ 1,640%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2024 Equity +2,210% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2020: -€50,500-€50,500Net result 2020: -€23,973-€23,973Operating result 2021: -€18,161-€18,161Net result 2021: €10,168€10,168Operating result 2022: -€14,465-€14,465Net result 2022: -€5,274-€5,274Operating result 2023: -€16,326-€16,326Net result 2023: €14,163€14,163Operating result 2024: €3,330€3,330Net result 2024: €1,222€1,22220202021202220232024-€20,000-€10,000€0€10,000Operating result 2022: -€14,465-€14,500Net result 2022: -€5,274-€5,270Operating result 2023: -€16,326-€16,300Net result 2023: €14,163€14,200Operating result 2024: €3,330€3,330Net result 2024: €1,222€1,220202220232024
The operating result returns to profit in 2024: €3,330 after a loss of €16,326 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets €875,848 ▼ 5.3%
Current assets €753,976 ▲ 18.1%
Equity and liabilities €1.6m
Equity €314,855 ▲ 2,210%
Debt €1.3m ▼ 15.1%
Debt's share of the balance-sheet total falls from 99.1% to 80.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€55,081▲
2023 · €31,819
Cash flow
€52,973▼
2023 · €62,309
Current ratio
1.94▲
2023 · 1.03
Debt to equity
4.18
ROE
0.4%▼
2023 · 103.9%
ROA
0.1%▼
2023 · 0.9%
Interest coverage
1.43▼
2023 · 8.36
Debt ≤ 1 year
€388,360▼
2023 · €617,638
Debt > 1 year
€902,833▼
2023 · €932,032
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,365 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.7% went bankrupt
1.4% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 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% 1.6%
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 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 2,365 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 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.6m€1.6m▲
Fixed assets21/28€924,652€875,848▼
Tangible fixed assets22/27€887,312€838,508▼
Land and buildings22€819,897€771,093▼
Assets under construction and advance payments27€67,415€67,415=
Financial fixed assets28€37,340€37,340=
Current assets29/58€638,651€753,976▲
Amounts receivable after more than one year29€635,942€672,191▲
Other amounts receivable291€635,942€672,191▲
Amounts receivable within one year40/41€1,387€23,788▲
Other amounts receivable41€1,387€23,788▲
Cash at bank and in hand54/58€1,322€57,997▲
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.6m▲
Equity10/15€13,633€314,855▲
Contributions10/11€18,550€318,550▲
Profit (loss) carried forward14-€4,917-€3,695▲
Amounts payable17/49€1.5m€1.3m▼
Amounts payable after more than one year17€932,032€902,833▼
Financial debts170/4€300,032€270,833▼
Other amounts payable178/9€632,000€632,000=
Amounts payable within one year42/48€617,638€388,360▼
Current portion of amounts payable after more than one year42€31,273€29,208▼
Trade debts44€837€4,310▲
Suppliers440/4€837€4,310▲
Other amounts payable47/48€585,528€354,841▼
Accrued charges and deferred income492/3-€23,776
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48,146€51,751▲
Other operating charges640/8€960€968▲
Gross operating margin9900€32,780€56,049▲
Operating profit (loss)9901-€16,326€3,330▲
Financial income75/76B€34,294€36,375▲
Recurring financial income75€34,294€36,375▲
Financial charges65/66B€3,805€38,483▲
Recurring financial charges65€3,805€38,483▲
Profit (loss) for the period before taxes9903€14,163€1,222▼
Profit (loss) for the period9904€14,163€1,222▼
Profit (loss) for the period to be appropriated9905€14,163€1,222▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,917-€3,695▲
Profit (loss) brought forward from the previous period14P-€19,080-€4,917▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49,523€42,880€43,763€48,146€51,751▲ 7.5%
Other operating charges640/8-€367€868€960€968▲ 0.8%
Gross operating margin9900-€242€25,087€30,167€32,780€56,049▲ 71.0%
Operating profit (loss)9901-€50,500-€18,161-€14,465-€16,326€3,330▲ 120%
Financial income75/76B-€32,582€13,557€34,294€36,375▲ 6.1%
Recurring financial income75€31,243€32,582€13,557€34,294€36,375▲ 6.1%
Financial charges65/66B-€4,253€4,367€3,805€38,483▲ 912%
Recurring financial charges65€4,717€4,253€4,367€3,805€38,483▲ 912%
Profit (loss) for the period before taxes9903-€23,973€10,168-€5,274€14,163€1,222▼ 91.4%
Profit (loss) for the period9904-€23,973€10,168-€5,274€14,163€1,222▼ 91.4%
Profit (loss) for the period to be appropriated9905-€23,973€10,168-€5,274€14,163€1,222▼ 91.4%
Line20202021202220232024Change
Assets
Total assets20/58€1.3m€1.3m€1.4m€1.6m€1.6m▲ 4.3%
Fixed assets21/28€731,315€734,949€732,798€924,652€875,848▼ 5.3%
Tangible fixed assets22/27€693,975€697,609€695,458€887,312€838,508▼ 5.5%
Land and buildings22-€637,694€628,043€819,897€771,093▼ 6.0%
Assets under construction and advance payments27-€59,915€67,415€67,415€67,415=
Financial fixed assets28€37,340€37,340€37,340€37,340€37,340=
Current assets29/58€570,828€598,898€652,037€638,651€753,976▲ 18.1%
Amounts receivable after more than one year29-€588,092€601,648€635,942€672,191▲ 5.7%
Other amounts receivable291-€588,092€601,648€635,942€672,191▲ 5.7%
Amounts receivable within one year40/41€563,127€6,958€38,553€1,387€23,788▲ 1,615%
Trade receivables40-€6,843€38,553---
Other amounts receivable41-€116-€1,387€23,788▲ 1,615%
Cash at bank and in hand54/58€7,702€3,848€11,836€1,322€57,997▲ 4,289%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m€1.4m€1.6m€1.6m▲ 4.3%
Equity10/15-€5,423€4,744-€530€13,633€314,855▲ 2,210%
Contributions10/11€18,550€18,550€18,550€18,550€318,550▲ 1,617%
Capital10-€18,550----
Issued capital100-€18,550----
Profit (loss) carried forward14-€23,973-€13,806-€19,080-€4,917-€3,695▲ 24.9%
Amounts payable17/49€1.3m€1.3m€1.4m€1.5m€1.3m▼ 15.1%
Amounts payable after more than one year17€360,879€967,805€960,883€932,032€902,833▼ 3.1%
Financial debts170/4-€335,805€328,883€300,032€270,833▼ 9.7%
Other amounts payable178/9-€632,000€632,000€632,000€632,000=
Amounts payable within one year42/48€946,687€361,297€424,482€617,638€388,360▼ 37.1%
Current portion of amounts payable after more than one year42-€25,074€29,097€31,273€29,208▼ 6.6%
Trade debts44€42,614€18,989€29,513€837€4,310▲ 415%
Suppliers440/4-€18,989€29,513€837€4,310▲ 415%
Taxes, remuneration and social security45--€2,252---
Taxes450/3--€2,252---
Other amounts payable47/48-€317,235€363,619€585,528€354,841▼ 39.4%
Accrued charges and deferred income492/3----€23,776-
Line20202021202220232024Change
Profit (loss) for the period9904-€23,973€10,168-€5,274€14,163€1,222▼ 91.4%
+ Depreciation and write-downs630€49,523€42,880€43,763€48,146€51,751▲ 7.5%
Operating cash flow (approximation)€25,550€53,048€38,489€62,309€52,973▼ 15.0%
Investment in fixed assets (approximation)--€46,515-€41,612-€240,000-€2,947▲ 98.8%
Change in cash--€3,853€7,988-€10,514€56,676▲ 639%

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
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Equity above €200,000Eq €314,855 ▲2,210%
2 profitable years in a row build equity to €314,855.
27-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial Back to profitnet €14,163
Net result €14,163 after one loss-making year.
29-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
02-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
2021
31-12
Financial Back to profitnet €10,168
Net result €10,168 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 1.66
Current ratio from 0.60 to 1.66; short-term debt falls from €946,687 to €361,297.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Assesse · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1.9 ha
Building footprint
430 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
MODAIMMO
Rue de la Neuve Cour 1, 5334 AssesseReal estate development
since 20192.287.389.662
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92044B0015/00H000 Wallonia 1.7 ha 1 · 60 m² -
92044B0016/00F000 Wallonia 2,015 m² 1 · 370 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of MODAIMMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 37,848 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
Founded06-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0719917766
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

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