MODASER
Annual accounts 2025
micro format, filed on 20-07-2026, 11 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €85,000. Estimated: probably between €53,000 and €140,000.
Balance sheet
balance sheet total €19,955 on 31-12-2025Position in the sector
-97.6%
Lower than 95% of 5,946 companies in 2025.
0.08
Lower than 95% of 5,700 companies in 2025.
-97.6%
Lower than 95% of 5,763 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
19,955 | |
21/28 |
16,844 | |
22/27 |
16,844 | |
23 |
409 | |
24 |
16,435 | |
29/58 |
3,111 | |
40/41 |
1,689 | |
40 |
1,689 | |
54/58 |
1,422 | |
| Balance sheet: equity and liabilities | ||
10/49 |
19,955 | |
10/15 |
-19,478 | |
14 |
-19,478 | |
17/49 |
39,433 | |
42/48 |
39,433 | |
44 |
754 | |
440/4 |
754 | |
45 |
2,158 | |
450/3 |
1,612 | |
454/9 |
546 | |
47/48 |
36,520 | |
| Income statement | ||
9900 |
15,356 | |
62 |
8,515 | |
630 |
12,142 | |
640/8 |
3,117 | |
66A |
10,975 | |
9901 |
-19,394 | |
65/66B |
84 | |
65 |
84 | |
9903 |
-19,478 | |
9904 |
-19,478 | |
9905 |
-19,478 | |
| Appropriation of the result | ||
9906 |
-19,478 | |
| Social balance sheet | ||
Hours worked1013 |
0 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-07-2026 | 2026-00310280 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -7,251 | ||
| -7,336 | ||
| 46,987 | ||
| -36,322 | ||
| -97.6% | ||
| 0.08 | ||
| -97.6% | ||
| -85.84 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €46,987 |
| €12,142 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on MODASER
Equity is negative. Debt (€39,433) exceeds the balance-sheet total (€19,955).