Turnover
≈ €240,000 estimated
The micro format states no turnover.
Modelairtools
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €507,695 (2021)
€36,842▲ 170%
lowest -€69,034 (2010)
€678▲ €21,138
peak €788,700 (2022)
€597,732▲ 0.1%
€40,568▼ 12.6%
peak 1.4 FTE (2008)
-not published
Board7 names since 2017
4 directors and 3 others
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Gross margin from €13,625 to €36,842Back to profit: €678
Key points
from the 2025 annual accountsFilings
32 annual accounts since 1994
The last five annual accounts were filed 3 to 30 days before the end of the period.
Position in the sector
€597,732
More equity than 94% of companies in wholesale trade. Sector median €56,439 · 13,837 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as Modelairtools has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 14,766 companies, not a prediction for Modelairtools. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0450903807
Company renamed from ARTOBI to Modelairtools
Resignations: , , and · Appointments: (director) and (director) · Director discharge: · General meeting of 22-02-2022 · Gazette deed
Registered office moved from St.Kat. Waver to St. Kat.Waver
New registered office: Mechelsesteenweg 117 te 2860 St. Kat.Waver · Previous registered office: Mechelsesteenweg 119 te 2860 St.Kat. Waver · Gazette deed
4 directors reappointed
(managing director), , and · General meeting of 25-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Modelairtools Sint-Katelijne-Waver | €0.6m | €36,842 | 93.6% | - |
| V.S.T. Paper and Board Dilbeek | €0.5m | €36,283 | 75.0% | 0 |
| KING'S HOUSE PRODUCTS Tubize | €0.7m | €53,619 | 50.4% | - |
| NEW-LINK INTERNATIONAL TRADE Oostrozebeke | €0.8m | €64,010 | 93.9% | - |
| STOCKDOZEN.BE Puurs-Sint-Amands | €1.2m | €71,434 | 74.5% | - |
| OMNIFIL Gembloux | €1.1m | €19,763 | 99.0% | - |
| ECORUB Rijkevorsel | €0.3m | €75,254 | 58.8% | - |
These companies have the same main activity as Modelairtools: wholesale trade (NACE 46869). They are comparable in size and age: total assets between €310,000 and €1.2m, founded between 1990 and 1999.
Official details
Source: KBO- Status
- Active since 23-09-1993Normal situation
- Activity
- Wholesale tradeNACE 46869and 3 others
- Establishment unit
- 2.063.867.6142860 Sint-Katelijne-Waver, since 08-10-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €638,300▼ 0.8%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on Modelairtools
Modelairtools files the micro format. That format states no turnover. The gross margin fell from €118,985 in 2006 to €36,842 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets.
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 Modelairtools
- What is the company number of Modelairtools?
- The company number of Modelairtools is 0450.903.807. The VAT number is the same number with BE in front: BE 0450.903.807.
- Where is Modelairtools based?
- The registered office is at Mechelsesteenweg 117, 2860 Sint-Katelijne-Waver.Company details
- What does Modelairtools do?
- According to the KBO register, the main activity is wholesale trade (NACE 46869).
- What is the legal form of Modelairtools?
- Modelairtools is a private limited company (BV).
- When was Modelairtools founded?
- Modelairtools was founded on 23-09-1993.
- Is Modelairtools still active?
- Yes, Modelairtools is an active enterprise in the KBO register.
- How many employees does Modelairtools have?
- Modelairtools had an average of 0.6 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of Modelairtools?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €36,842 and 94 comparable companies (NACE 46). It probably lies between €130,000 and €450,000.
- Is Modelairtools profitable?
- In financial year 2025, Modelairtools made a profit of €678.
- Where can I find the annual accounts of Modelairtools?
- Modelairtools filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Modelairtools due?
- Modelairtools must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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