Modal Shifters

Active

Public limited companyfounded 2015active for 11 yearsKoning AlbertII laan 37, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0638.877.236

Summary

Modal Shifters has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€54,492). Equity remains stable across the filed financial years (±0.7% per year). The computed 12-month bankruptcy probability is 1.4% (low).

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Modal ShiftersActive

Risk analysis Report Compare

Activity

Activity not known

Size

€23,319total assets 2025

Equity: -€54,492

Turnover not published (abbreviated or micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 1.4%

Too few figures to score

Structure

Largest shareholder: Leap Time · 25%

Gilles MougenotDirector
VAN OCKENBURG CONSULTINGDirector · permanent representative Eric van Ockenburg

Accounts 85 days early2 of 13 deeds read

Signalsraises riskNegative equity -€54,492No establishment unit in the KBOlowers riskSize: total assets €23,319Founded in 2015neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Insufficient figures

A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.7%▼ -0.1 percentage points vs 12-2024 02-2025: 1.9%▲ +0.2 percentage points vs 01-2025 03-2025: 1.8%▼ -0.1 percentage points vs 02-2025 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.1%▲ +0.2 percentage points vs 06-2025 08-2025: 2.7%▲ +0.6 percentage points vs 07-2025 09-2025: 3.2%▲ +0.5 percentage points vs 08-2025 10-2025: 4.8%▲ +1.6 percentage points vs 09-2025 11-2025: 5.1%▲ +0.3 percentage points vs 10-2025 12-2025: 5.9%▲ +0.8 percentage points vs 11-2025 01-2026: 7.6%▲ +1.7 percentage points vs 12-2025highest value 02-2026: 7.6%● unchanged vs 01-2026highest value 03-2026: 7.6%● unchanged vs 02-2026 04-2026: 7.2%▼ -0.4 percentage points vs 03-2026 05-2026: 7.0%▼ -0.2 percentage points vs 04-2026 06-2026: 1.8%▼ -5.2 percentage points vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 1.8%● unchanged vs 07-2026 09-2026: 1.4%▼ -0.4 percentage points vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026lowest value

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Signals

Five signals.

lowers riskraises riskneutral

Size: total assets €23,319

The company's size counts in the probability; how much depends on the rest of its profile.

NBB · annual accounts

Negative equity -€54,492

NBB · annual accounts

No establishment unit in the KBO

KBO · seat and establishments

Founded in 2015

How long the company has existed counts in the probability; how much depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

85 days early

2024

98 days early

2023

93 days early

2022

83 days early

2021

81 days early

2020

53 days early

2019

26 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 67 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

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 7 May (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

11-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-09-2026 Resignation: Xylus (klasse x bestuurder)Appointment: VAN OCKENBURG CONSULTING (klasse…
12-05-2026 Reappointment: Gilles Mougenot (klasse y bestuurder)Permanent representatives: Jan Luyten and…
07-05-2026 Annual accounts filedfinancial year 2025 · abbreviated…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€54,492 View
Board changedlatest change 25-08-2026 · 2 in office 2 joined · 1 left View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View