Equity
€80,915 ▲ 36.0%
MODALITY paid out €15,800 in dividends. That is 42% of the 2024 profit.
MODALITY
Lifetime
3 annual accounts with figures on one time axispeak €61,377 (2024)
€61,377▲ 3.8%
peak €39,230 (2023)
€37,239▼ 5.1%
peak €80,915 (2024)
€80,915▲ 36.0%
€54,662▼ 19.1%
Board1 name since 2022
1 directorMARQUEZ JORGE Antonio
Documentsfilings and deeds
26-06-202535 days before the deadline
2024micro format
Dividend €15,800Equity from €59,476 to €80,915Debts from €67,597 to €54,662
Key points
from the 2024 annual accountsFilings
3 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
50 companies
Checked score
57
Fair
Financially stronger than 70% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: 0.1%▲ +0.1 percentage points vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 26-06-2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 2.77, cash €81,674
Size: total assets €135,577
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 52% of them on solvency, 73% on liquidity, 82% on profitability and 74% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as MODALITY has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MODALITY itself is lower: 0.2% within 12 months. It rests on far more data about MODALITY than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for MODALITY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.77 (2.24 in 2023), above the usual 1.5. Short-term debt is 30% and cash 60.2% of total assets. 40.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 3 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
35 days early
2023
on the day
2022
35 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 23 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0783271733
Incorporation
Founding capital of €2,800, 100 shares · Founder: MARQUEZ JORGE Antonio · Appointment: MARQUEZ JORGE Antonio (director) · published on 14-03-2022 · Gazette deed
First establishment
Martelarenplein 20E, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MODALITY Leuven | €135,577 | €61,377 | 59.7% | - |
| Red Penguin Studio Lubbeek | €148,183 | €60,767 | 75.6% | - |
| YOUNG-CONSULTING Kortenberg | €122,776 | €71,544 | 62.5% | - |
| VCTech Tervuren | €128,733 | €74,919 | 62.0% | - |
| G-IT Consultancy Opwijk | €129,028 | €48,402 | 84.2% | - |
| Saidoulger Boechout | €143,405 | €63,925 | 35.2% | - |
| LINKEY Enghien | €128,424 | €64,933 | 54.1% | - |
These companies have the same main activity as MODALITY: computer programming (NACE 62100). They are comparable in size and age: total assets between €123,000 and €148,000, founded in 2022.
Official details
Source: KBO- Status
- Active since 10-03-2022Normal situation
- Registered office
- 51 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.329.021.0723000 Leuven, since 10-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 14-10-2026
Insights on MODALITY
MODALITY files the micro format. That format states no turnover. The gross margin rose from €25,380 in 2022 to €61,377 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MODALITY
- What is the company number of MODALITY?
- The company number of MODALITY is 0783.271.733. The VAT number is the same number with BE in front: BE 0783.271.733.
- Where is MODALITY based?
- The registered office is at Martelarenplein 20E, 3000 Leuven.Company details
- What does MODALITY do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of MODALITY?
- MODALITY is a private limited company (BV).
- When was MODALITY founded?
- MODALITY was founded on 10-03-2022.
- Is MODALITY still active?
- Yes, MODALITY is an active enterprise in the KBO register.
- What is the turnover of MODALITY?
- The turnover in financial year 2024 is ≈ €140,000. This figure is estimated from the gross margin of €61,377 and 41 comparable companies (NACE 62100). It probably lies between €120,000 and €180,000.Financials
- Is MODALITY profitable?
- In financial year 2024, MODALITY made a profit of €37,239.
- Where can I find the annual accounts of MODALITY?
- MODALITY filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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