MODAXINET
ActiveThe computed 12-month bankruptcy probability of MODAXINET is 1.7% (moderate). The 2025 annual accounts show equity of €36k and a net result of €31k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 1199 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency61▲+30
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 0.99 in 2024; short-term debt: 64.2% and cash: 42.3% of total assets), and 64.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.8%
Return on assets
30.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €36k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
23 d late
2024
70 d late
2023
27 d late
2022
31 d late
2021
25 d late
2020
80 d late
2019
174 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€31k
2024 · €-17k
2018: €-39k
2019: €-14k
2020: €10k
2021: €-665
2022: €6k
2023: €5k
2024: €-17k
2018 → 2025
Working capital
€21k
2024 · €-1k
2018: €-198
2019: €-18k
2020: €-7k
2021: €-4k
2022: €9k
2023: €14k
2024: €-1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€17k▲ 56.4%€22k▲ 29.6%€5k▼ 76.6%€36k▲ 608%
Operating result€-2k-€9k€13k▲ 49.2%€-15k€41k
Net result€-665-€6k€5k▼ 17.9%€-17k€31k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €41k after a loss of €15k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101k
Fixed assets
€15k▲ 140%
Current assets
€86k▲ 12.0%
Equity and liabilities €101k
Equity
€36k▲ 608%
Debt
€65k▼ 16.8%
The debt ratio falls from 93.8% to 64.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▲
2024 · €-13k
Cash flow
€35k▲
2024 · €-15k
Solvency
35.8%▲
2024 · 6.2%
Current ratio
1.33▲
2024 · 0.99
Quick ratio
1.33▲
2024 · 0.99
Debt / equity
1.79▼
2024 · 15.26
ROE
85.9%▲
2024 · -326.8%
ROA
30.7%▲
2024 · -20.1%
Interest coverage
280.81▲
2024 · -26.81
Debt
€65k▼
2024 · €78k
Debt ≤ 1 year
€65k▼
2024 · €78k
Income taxes
€10k▲
2024 · €1k
Staff costs
€220k▼
2024 · €265k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€83k€101k▲
Fixed assets21/28€6k€15k▲
Tangible fixed assets22/27€4k€12k▲
Plant, machinery and equipment23€1k€1k▲
Furniture and vehicles24€3k€11k▲
Financial fixed assets28€3k€3k=
Current assets29/58€77k€86k▲
Amounts receivable within one year40/41€45k€41k▼
Trade receivables40€45k€30k▼
Other amounts receivable41-€11k
Cash at bank and in hand54/58€32k€43k▲
Deferred charges and accrued income490/1€558€2k▲
Equity and liabilities
Total equity and liabilities10/49€83k€101k▲
Equity10/15€5k€36k▲
Contributions10/11€19k€19k=
Reserves13€21k€21k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€19k€19k=
Distributable reserves133-€2k
Profit (loss) carried forward14€-34k€-3k▲
Amounts payable17/49€78k€65k▼
Amounts payable within one year42/48€78k€65k▼
Trade debts44€9k€14k▲
Suppliers440/4€9k€14k▲
Taxes, remuneration and social security45€63k€52k▼
Taxes450/3€26k€23k▼
Remuneration and social security454/9€37k€29k▼
Other amounts payable47/48€6k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€265k€220k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€876€900▲
Gross operating margin9900€252k€265k▲
Operating profit (loss)9901€-15k€41k▲
Financial income75/76B€5€0▼
Recurring financial income75€5€0▼
Financial charges65/66B€495€157▼
Recurring financial charges65€495€157▼
Profit (loss) for the period before taxes9903€-16k€41k▲
Income taxes67/77€1k€10k▲
Profit (loss) for the period9904€-17k€31k▲
Profit (loss) for the period to be appropriated9905€-17k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-3k▲
Profit (loss) brought forward from the previous period14P€-17k€-34k▼
Social balance
Average headcount (FTE)9087-5.3
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 23 days late
2025
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 80 days late
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 174 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Evere · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Vincentiusstraat 1191140 EvereGround area
157 m²
Parcel 21006A0290/00W002, Brussels. Linked by address, not a title deed.
1 establishment unit
MODAXINET
since 20162.251.576.569
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0290/00W002 | Brussels | 157 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
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I.L. & C.-TITRES SERVICES-AGENCE DE JODOIGNE
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YIGIT GROUP
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MAJO SERVICES
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Of 7,356 companies in sector 81210 we hold annual accounts for 2,734. 2,223 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2016
Fiscal year end31-12
Activities, NACEBEL
81100Combined facilities support activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.