MODASER
ActiveSummary
The computed 12-month bankruptcy probability of MODASER is 6.9% (elevated). The 2025 annual accounts show negative equity (-€19,478) and a net result of -€19,478. Its solvency ranks better than 5% of 4664 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
6.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08; short-term debt: 197.6% and cash: 7.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-97.6%
Return on assets
-97.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
-€19,478
Total assets
€19,955
Net result
-€19,478
Working capital
-€36,322
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €19,955
Fixed assets
€16,844
Current assets
€3,111
Key figures and ratios
EBITDA
-€7,251
Cash flow
-€7,336
Solvency
-97.6%
Current ratio
0.08
Debt to equity
-2.02
ROA
-97.6%
Interest coverage
-85.84
Debt
€39,433
Debt ≤ 1 year
€39,433
Staff costs
€8,515
Annual accounts
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €8,515 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,142 |
| Other operating charges640/8 | €3,117 |
| Non-recurring operating charges66A | €10,975 |
| Gross operating margin9900 | €15,356 |
| Operating profit (loss)9901 | -€19,394 |
| Financial charges65/66B | €84 |
| Recurring financial charges65 | €84 |
| Profit (loss) for the period before taxes9903 | -€19,478 |
| Profit (loss) for the period9904 | -€19,478 |
| Profit (loss) for the period to be appropriated9905 | -€19,478 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €19,955 | |
| Fixed assets21/28 | €16,844 | |
| Tangible fixed assets22/27 | €16,844 | |
| Plant, machinery and equipment23 | €409 | |
| Furniture and vehicles24 | €16,435 | |
| Current assets29/58 | €3,111 | |
| Amounts receivable within one year40/41 | €1,689 | |
| Trade receivables40 | €1,689 | |
| Cash at bank and in hand54/58 | €1,422 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €19,955 | |
| Equity10/15 | -€19,478 | |
| Profit (loss) carried forward14 | -€19,478 | |
| Amounts payable17/49 | €39,433 | |
| Amounts payable within one year42/48 | €39,433 | |
| Trade debts44 | €754 | |
| Suppliers440/4 | €754 | |
| Taxes, remuneration and social security45 | €2,158 | |
| Taxes450/3 | €1,612 | |
| Remuneration and social security454/9 | €546 | |
| Other amounts payable47/48 | €36,520 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€19,478 |
| + Depreciation and write-downs630 | €12,142 |
| Operating cash flow (approximation) | -€7,336 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
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.
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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, Gent · 1 establishment unit since 2024
Ground area
184 m²
Building footprint
184 m²
Volume, LiDAR
1,859 m³
Parcel 44808H0653/00L000, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MODASER
since 20242.363.694.812
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0653/00L000 | Flanders | 184 m² | 1 · 184 m² | 13.0 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
A&S Services
BE 1032.083.661
Gent
AKI GROUP
BE 1039.364.797
Gent
AL RANA
BE 0798.442.236
Gent
ALEKO
BE 0803.987.864
Gent
ALKEMEN
BE 0654.793.550
Gent
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 6,683 companies in sector 49330 we hold annual accounts for 2,295. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
Scores and ratios are computed by Checked and are not a credit decision.