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Complete company report
Generated 26-07-2026
Active BE 0826.256.193Non-profit association

MODAVIE

Colignonplein 56 ·1030 Schaarbeek, Belgium· 16 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of MODAVIE is 0.2% (very low). The 2022 annual accounts show equity of €75k and a net result of €-255. Equity remains stable across the filed fiscal years (±0.1% per year). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €75k
Net result €-255
Active 16 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health32Profitability0Solvency67Growth78Stability100
55 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 32
Profitability 0
Solvency 67
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.2% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −No NACE activity registered +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2010, 16 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
32 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 10-07-2023 with the NBB · fiscal year 2022 · micro
€-40k€-30k€-20k€-10k€0Operating result 2018: €-445€-445Net result 2018: €-38k€-38kOperating result 2019: €2k€2kNet result 2019: €-37k€-37kOperating result 2020: €-373€-373Net result 2020: €-37k€-37kOperating result 2021: €220€220Net result 2021: €184€184Operating result 2022: €-194€-194Net result 2022: €-255€-25520182019202020212022
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 5 fiscal years (±0.1%/year).
€65k€70k€75k€80k2023: €76k (€70k - €82k)2024: €76k (€70k - €82k)2025: €76k (€70k - €82k)2018: €74k2019: €76k2020: €76k2021: €76k2022: €75k20182019202020212022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€-255
- 18-22
Total assets
€76k
-0.3% 18-22
Equity
€75k
-0.3% 18-22
Working capital
€-369
-223.4% 18-22
Income taxes
€1k
-86.1% 18-22
Debt
€551
+9.2% 18-22
Debt ≤ 1y
€551
+9.2% 18-22
Current ratio
0.33
-57.2% 18-22
Quick ratio
0.33
-57.2% 18-22
Solvency
99.3%
-0.1% 18-22
Debt / equity
0.01
+9.5% 18-22
ROE
-0.3%
- 18-22
ROA
-0.3%
- 18-22
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA-
Net profit€-255
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€76k
Equity€75k
Debt€551
of which ≤ 1y€551
of which > 1y-
Working capital€-369
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.33
Quick ratio0.33
Working capital ratio-0.5%
Solvency99.3%
Debt / equity0.01
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-0.3%
ROE-0.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding939d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€76k
Fixed assets 21/28€76k
Tangible fixed assets 22/27€76k
Current assets 29/58€182
Cash & bank 54/58€11
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€76k
Equity 10/15€75k
Contributions / capital 10/11€113k
Accumulated profits (losses) 14€-38k
Amounts payable 17/49€551
Amounts payable within one year 42/48€551
Trade debts payable within one year 44€551
Income statement
Gross operating margin 9900€186
Operating result 9901€-194
Financial charges 65€61
Result before taxes 9903€-255
Net result for the period 9904€-255
Result to be appropriated 9905€-255
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Non-profit association(017)
Incorporation11-05-2010
StatusActive
Postal code1030
Establishment units 1 location
ACTERRE
Vallée du Hoyoux 577 G, 4577 ModaveHandel in eigen onroerend goed
since 20102.189.655.333
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
61064B0657/00C000 Wallonia 15.7 ha - -
21910E0152/00B009 Brussels 96 m² 1 · 96 m² 19.9 m · 6 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023
21-12-2023
State Gazette act Registered-office change
Olivier BROUWERS
05-12-2023
State Gazette act Director changes
10-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
03-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
06-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
26-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
03-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
19-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
19-07-2018
NBB filing Annual accounts filed
fiscal year 2016 · volledig
19-07-2018
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
29-06-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
23-09-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
Belgisch Staatsblad, acts 2 acts
Address history · 1
21-12-2023
Registered-office move
All acts · 2 updated 2 years ago
2023
21-12-2023 Registered office moved from Ixelles to Schaerbeek Registered-office change·Olivier BROUWERS
  • Rue du Nid 30 : 1050 Ixelles → 1030 Schaerbeek, Place Collignon, 56
Notary: Olivier BROUWERS · Ixelles
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "1030 Schaerbeek, Place Collignon, 56",
        "city": "Schaerbeek",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Place Collignon",
        "country": "BE",
        "postcode": "1030",
        "box_number": null,
        "street_number": "56",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Rue du Nid 30 : 1050 Ixelles",
        "city": "Ixelles",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "du Nid",
        "country": "BE",
        "postcode": "1050",
        "box_number": null,
        "street_number": "30",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": 3,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Olivier BROUWERS",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Ixelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-12-21",
    "filing_date": "2023-12-19",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
    "date": "2023-12-12",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0826.256.193",
    "name_full": "ACTERRE",
    "legal_form": "Soci\u00E9t\u00E9 coop\u00E9rative \u00E0 responsabilit\u00E9 limit\u00E9e"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "exp\u00E9dition de l\u0027acte",
    "statuts coordonn\u00E9s"
  ]
}
05-12-2023 2 directors appointed, 2 reappointed Director changes
  • Pauline Bacquaert, Dagelijks bestuur
  • Thomas Fraylich, Dagelijks bestuur
  • Pauline Bacquaert, Bestuurder
  • Thomas Fraylich, Dagelijks bestuur
Technical details 
{
  "events": [
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Pauline Bacquaert",
        "address": "Chemin des Berceaux 23, 7061 Casteau",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "l\u0027Assembl\u00E9e G\u00E9n\u00E9rale approuve \u00E0 l\u0027unanimit\u00E9 les comptes annuels 2022 et d\u00E9charge Mademoiselle Pauline Bacquaert et Monsieur Thomas Fraylich de toute responsabilit\u00E9 r\u00E9sultant de l\u0027accomplissement de leur mandat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Thomas Fraylich",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "l\u0027Assembl\u00E9e G\u00E9n\u00E9rale approuve \u00E0 l\u0027unanimit\u00E9 les comptes annuels 2022 et d\u00E9charge Mademoiselle Pauline Bacquaert et Monsieur Thomas Fraylich de toute responsabilit\u00E9 r\u00E9sultant de l\u0027accomplissement de leur mandat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "mandate_confirmation",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Pauline Bacquaert",
        "address": "Chemin des Berceaux 23, 7061 Casteau",
        "birth_date": "1988-05-09",
        "profession": null,
        "birth_place": "Charleroi"
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale, \u00E0 l\u0027unanimit\u00E9, confirme et prolonge le mandat d\u0027administrateur de Mademoiselle Pauline Bacquaert",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_date",
        "value": "2024-03-31"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "mandate_confirmation",
      "role": "d\u00E9l\u00E9gu\u00E9 \u00E0 la gestion journali\u00E8re",
      "person": {
        "rrn": null,
        "name": "Thomas Fraylich",
        "address": "Rue des Sept Voleurs 15, 5032 Mazy",
        "birth_date": "1988-05-16",
        "profession": null,
        "birth_place": "Etterbeek"
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale, \u00E0 l\u0027unanimit\u00E9, confirme et prolonge le mandat d\u0027administrateur de Mademoiselle Pauline Bacquaert",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_date",
        "value": "2024-03-31"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "substantive_delegation",
      "role": "d\u00E9l\u00E9gu\u00E9 \u00E0 la gestion journali\u00E8re",
      "person": {
        "rrn": null,
        "name": "Pauline Bacquaert",
        "address": null,
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        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Elle charge Mademoiselle Pauline Bacquaert et Monsieur Thomas Fraylich de piloter avec les actionnaires coop\u00E9rateurs la pr\u00E9paration et l\u0027\u00E9tablissement du dossier de transformation.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "substantive_delegation",
      "role": "d\u00E9l\u00E9gu\u00E9 \u00E0 la gestion journali\u00E8re",
      "person": {
        "rrn": null,
        "name": "Thomas Fraylich",
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      },
      "reason": null,
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      "compensated": null,
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      "evidence_quote": "Elle charge Mademoiselle Pauline Bacquaert et Monsieur Thomas Fraylich de piloter avec les actionnaires coop\u00E9rateurs la pr\u00E9paration et l\u0027\u00E9tablissement du dossier de transformation.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "d\u00E9l\u00E9gu\u00E9 \u00E0 la gestion journali\u00E8re",
      "person": {
        "rrn": null,
        "name": "Pauline Bacquaert",
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        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Elle les charge \u00E9galement de la convocation avant la fin de l\u0027ann\u00E9e 2023 d\u0027une Assembl\u00E9e G\u00E9n\u00E9rale Extraordinaire pour acter ce changement de forme juridique.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "d\u00E9l\u00E9gu\u00E9 \u00E0 la gestion journali\u00E8re",
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      },
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      "compensated": null,
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      "evidence_quote": "Elle les charge \u00E9galement de la convocation avant la fin de l\u0027ann\u00E9e 2023 d\u0027une Assembl\u00E9e G\u00E9n\u00E9rale Extraordinaire pour acter ce changement de forme juridique.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Ixelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2023-12-05",
    "filing_date": "2023-11-27",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-09-24",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0826.256.193",
    "name_full": "Acterre SCRL",
    "legal_form": "SCRL"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR MODAVIE
Registered office
Colignonplein 56
1030 Schaarbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative