Skip to content

Modelairtools

Active Private limited companyfounded 1993active for 33 yearsMechelsesteenweg 117, 2860 Sint-Katelijne-WaverKBO/BCE: BE 0450.903.807
Modelairtools
Follow ReportCompare

Overview

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €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 accounts

Turnover

≈ €240,000 estimated

The micro format states no turnover.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

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
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

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.

The companies in ten equal groups, from the lowest to the highest expected share
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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director
Director
Board & ownership

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
All 46 events

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
Company details

Annual accounts 2025

€36,842▲ 170%
€678
€597,732▲ 0.1%
€638,300▼ 0.8%
Filing
Filed on 09-07-2026, 22 days before the end of the filing period
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 09-07-2026, 22 days before the deadline
€36,842
▲ 170%
€2,602
▲ €20,605
€678
▲ €21,138
€430,074
▲ 4.3%
93.6%
▲ 0.9 percentage points
18.72
▼ 2.47

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €240,000. Estimated: probably between €130,000 and €450,000.

Balance sheet

balance sheet total €638,300 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

93.6%

Higher than 94% of 13,807 companies in 2025.

18.72

Higher than 95% of 13,189 companies in 2025.

0.1%

Higher than 35% of 13,367 companies in 2025.

Modelairtools Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 638,300643,490674,180819,053831,334890,9131.0m1.0m1.1m1.1m1.2m1.2m901,770839,244777,266783,369908,044980,043994,243987,308
21/28 183,955210,773218,638181,188187,605620,297647,413663,009701,547742,290771,152809,202506,201475,830417,377447,064466,034486,687521,268516,927
21 -------------------456
22/27 182,031208,849216,713179,264185,681618,372645,489661,084699,622740,366769,227807,278504,277473,905415,452445,139464,110479,408513,989509,257
22 138,363150,085161,807171,735180,281600,631624,578632,648653,710675,520696,608717,995446,091456,423396,039418,957441,876459,537483,553485,795
23 1,3952,5904,1894,5924,59216,72517,22621,86029,55738,02347,62457,39356,47915,66117,54924,20219,29418,08522,0949,241
24 42,27356,17450,7182,9378071,0173,6856,57616,35526,82324,99631,8901,7071,8211,8651,9802,9401,7868,34214,221
28 1,9241,9241,9241,9241,9241,9241,9241,9241,9241,9241,9241,9241,9241,9241,9241,9241,9247,2797,2797,214
29/58 454,345432,716455,543637,865643,729270,616368,367383,990392,799406,807434,129396,030395,569363,415359,889336,305442,010493,356472,975470,381
3 346,863316,660318,464262,897242,654231,014341,217364,237356,510368,160408,450368,160358,160331,767332,584315,704364,976440,328439,737397,766
30/36 346,863316,660318,464262,897242,654231,014341,217364,237356,510368,160408,450368,160358,160331,767332,584315,704364,976440,328439,737397,766
40/41 6,7126,4446,207189,5713,3993,0713,7361,08211,0835,4557,8897,4338,8321,9757,8247,01813,3849,2076,64620,417
40 6,7126,4446,20717,5463,3993,0713,7361,08211,0835,4557,8897,4228,8321,9757,8242,0073,3644,0123,5934,097
41 ---172,025-------10---5,01110,0205,1953,05216,321
54/58 100,769107,555128,828185,397397,67636,53123,41418,67125,20533,19317,79020,43828,57729,67319,48213,19063,26843,82126,59252,197
490/1 02,0582,044------------392382---
Balance sheet: equity and liabilities
10/49 638,300643,490674,180819,053831,334890,9131.0m1.0m1.1m1.1m1.2m1.2m901,770839,244777,266783,369908,044980,043994,243987,308
10/15 597,732597,054617,514788,700787,439450,825495,440509,825510,878495,939500,111457,014441,894412,224392,140383,187452,221457,742442,945415,569
10/11 227,975227,975227,975400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000
10 ----400,000---------------
100 ----400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000400,000
11 --227,975400,000----------------
1109/19 --227,975400,000----------------
13 369,757369,079389,539388,700387,43953,52953,52953,52953,52953,52953,52953,52953,52953,52953,52953,52953,52957,74242,94515,569
130/1 ----40,00040,000--------------
130 ----40,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00029,4162,041
132 -----13,52913,52913,52913,52913,52913,52913,52913,52913,52913,52913,52913,52913,52913,52913,529
133 369,757369,079389,539388,700347,439------------4,213--
14 ------2,70341,91256,29657,35042,41146,5823,485-11,634-41,305-61,389-70,342-1,308---
17/49 40,56846,43656,66630,35343,895440,087520,340537,174583,467653,158705,170748,219459,876427,020385,126400,182455,823522,301551,298571,738
17 16,29726,01135,300-6,112342,423377,100406,209455,578518,504570,031364,655360,189346,863314,914341,641391,010457,015476,308479,222
170/4 16,29726,01135,300-6,112342,423377,100406,209455,578518,504570,031364,655360,189346,863314,914341,641391,010457,015476,308479,222
42/48 24,27120,42421,36630,35337,78297,664143,240130,965127,889134,654135,139383,56399,68780,15870,21258,54164,81365,28674,99092,340
42 9,71410,0459,6056,1128,66234,56735,52439,34641,44940,36737,37521,28339,08842,87434,29832,34834,82334,36036,01736,912
43 ------30,00030,00020,00030,00030,000291,850----1,6871,7101,7111,711
430/8 ------30,00030,00020,00030,00030,000291,850----1,6871,7101,7111,711
44 4,1141,9332,5695,0264,44513,42230,05121,87527,97525,78030,23534,69752,38229,90925,80419,17411,25917,09523,35244,421
440/4 4,1141,9332,5695,0264,44513,42230,05121,87527,97525,78030,23534,69752,38229,90925,80419,17411,25917,09523,35244,421
46 ---------2,770----------
45 10,4438,4479,19119,21424,6767,2975,28813,24411,9659,23711,0299,2348,2177,37510,1107,01917,04412,12113,9109,295
450/3 10,4438,4479,19119,21424,6767,2971,7385,6637,1245,6607,5154,4552,4754,0576,5005,3829,9605,28010,1175,653
454/9 ------3,5507,5814,8413,5773,5144,7795,7423,3183,6101,6377,0846,8413,7933,642
47/48 -----42,37742,37726,50026,50026,50026,50026,500--------
492/3 -------------------176
Income statement
76A 0135,023-488,920434-----248----2,351--166
9900 36,84213,62524,66817,695507,69514,83068,90969,905123,76383,824134,304105,173113,28099,90483,02011,63283,398126,753135,612118,985
62 0197---12,75029,75327,84725,69427,53227,60930,75030,06427,62724,86823,84134,35232,95327,37927,611
630 27,85025,62015,3348,54714,91230,63433,48939,24140,74441,15639,16539,63334,68931,17031,90532,86731,81337,17635,03938,946
631/4 -----924---18,76419,688-----------
640/8 6,3905,8117,2076,70912,77210,10111,64112,38111,3049,87010,15110,96910,55012,56210,91915,6019,2309,4898,5548,190
66A ----------------5,540---
9901 2,602-18,0032,1262,440480,935-38,655-5,9749,20026,3335,26657,37823,82037,97728,54415,329-60,6778,00347,13564,64144,238
75/76B 1,8301,2891,8621,5041,6192,1211,1551,5401,0414,8172,0911,3401,1321,7992,5402,9852,1263,7283,6052,260
75 1,8301,2891,8621,5041,6192,1211,1551,5401,0414,8172,0911,3401,1321,7992,5402,9852,1263,7283,6052,260
65/66B 2,5653,5182,8291,8536,8687,9039,56611,79412,43514,25416,37210,2889,43810,1488,91511,34212,46136,06637,93335,600
65 2,5653,5182,8291,8536,8687,9039,56611,79412,43514,25416,37210,2889,43810,1488,91511,34212,46136,06637,93335,600
9903 1,868-20,2321,1592,090475,687-44,437-14,385-1,05314,939-4,17143,09715,11929,67020,1958,953-69,034-5,52114,79730,31211,064
67/77 1,190228320829139,073178-------111----2,936-2,190
9904 678-20,4608401,261336,614-44,615-14,385-1,05314,939-4,17143,09715,11929,67020,0848,953-69,034-5,52114,79727,37613,254
789 ----13,529---------------
9905 678-20,4608401,261350,143-44,615-14,385-1,05314,939-4,17143,09715,11929,67020,0848,953-69,034-5,52114,79727,37613,254
Appropriation of the result
9906 678-20,4608401,261347,439-2,70341,91256,29657,35042,41146,5823,485-11,634-41,305-61,389-70,342-5,52114,79727,3762,041
14P -----2,703---------------
791/2 020,460--------------4,213---
691/2 67808401,261347,439------------14,79727,3762,041
6920 -----------------10,58427,3762,041
6921 67808401,261347,439------------4,213--
Social balance sheet
9087 -----0.60.90.90.9111.21.11.11.11.41.41.41.21.2
Hours worked1013 -----6531,5991,5991,5251,7631,7562,1711,9001,9001,8782,4302,4302,3622,0402,137
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 10 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 09-07-2026.

Download as CSV

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 09-07-2026 2026-00271955 PDF
31-12-2024 micro format 07-07-2025 2025-00238411 PDF
31-12-2023 micro format 02-07-2024 2024-00193348 PDF
31-12-2022 micro format 28-07-2023 2023-00284355 PDF
31-12-2021 micro format 01-07-2022 2022-20117592 PDF
31-12-2020 micro format 12-07-2021 2021-34500192 PDF
31-12-2019 micro format 29-07-2020 2020-35600537 PDF
31-12-2018 micro format 25-07-2019 2019-39000560 PDF
31-12-2017 micro format 22-06-2018 2018-22400241 PDF
31-12-2016 micro format 03-07-2017 2017-26900116 PDF
31-12-2015 abbreviated format 25-07-2016 2016-35200023 PDF
31-12-2014 abbreviated format 22-07-2015 2015-33200337 PDF
31-12-2013 abbreviated format 14-07-2014 2014-30300488 PDF
31-12-2012 abbreviated format 15-07-2013 2013-30600354 PDF
31-12-2011 abbreviated format 13-07-2012 2012-29600193 PDF
31-12-2010 abbreviated format 29-07-2011 2011-36100599 PDF
31-12-2009 abbreviated format 25-08-2010 2010-44700329 PDF
31-12-2008 abbreviated format 28-07-2009 2009-49200048 PDF
31-12-2007 abbreviated format 10-07-2008 2008-39200323 PDF
31-12-2006 abbreviated format 26-07-2007 2007-48000349 PDF
31-12-2005 abbreviated format 28-07-2006 2006-56802818 PDF
31-12-2004 abbreviated format 28-07-2005 2005-58804433 PDF
31-12-2003 abbreviated format 09-07-2004 2004-44402525 PDF
31-12-2002 abbreviated format 03-10-2003 2003-73101901 PDF
31-12-2001 abbreviated format 18-07-2002 2002-39403864 PDF
31-12-2000 abbreviated format 20-06-2001 2001-24102721 PDF
31-12-1999 abbreviated format 29-06-2000 2000-32302743 PDF
31-12-1998 abbreviated format 23-06-1999 1999-22304227 PDF
31-12-1997 abbreviated format 25-06-1998 1998-22701166 PDF
31-12-1996 abbreviated format 30-06-1997 1997-24601521 PDF
31-12-1995 abbreviated format 01-07-1996 1996-29100510 PDF
31-12-1994 abbreviated format 30-06-1995 1995-34102257 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
30,4537,61717,46110,986495,847-8,02127,51548,44167,07746,42396,54463,45472,66659,71547,234-27,81039,81684,31199,67983,184
28,5285,16016,1749,807351,526-13,98119,10538,18755,68336,98582,26254,75364,35951,25540,858-36,16726,29251,97362,41452,199
1,03217,75552,7842,130-417,7805,97717,894702012,2951,115342,63465,06089,6232,21813,89614,1632,59539,3798,694
-6,786-21,273-56,570-212,279361,14613,1174,743-6,534-7,98715,403-2,648-8,139-1,09610,1916,292-50,07819,44717,229-25,605-
430,074412,292434,177607,512605,947172,952225,128253,025264,909272,153298,99012,467295,882283,257289,677277,764377,197428,070397,985378,041
93.6%92.8%91.6%96.3%94.7%50.6%48.8%48.7%46.7%43.2%41.5%37.9%49.0%49.1%50.5%48.9%49.8%46.7%44.6%42.1%
18.7221.1921.3221.0217.042.772.572.933.073.023.211.033.974.535.135.746.827.566.315.09
4.435.686.4212.3510.620.410.190.150.280.290.190.070.380.390.390.351.190.810.440.79
0.070.080.090.040.060.981.051.051.141.321.411.641.041.040.981.041.011.141.241.38
0.1%-3.4%0.1%0.2%42.7%-9.9%-2.9%-0.2%2.9%-0.8%8.6%3.3%6.7%4.9%2.3%-18.0%-1.2%3.2%6.2%3.2%
0.1%-3.2%0.1%0.2%40.5%-5.0%-1.4%-0.1%1.4%-0.4%3.6%1.3%3.3%2.4%1.2%-8.8%-0.6%1.5%2.8%1.3%
11.872.176.175.9372.20---------------

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€1,032€17,755€52,784€2,130-
Financial fixed assets€0----
€27,850€25,620€15,334€8,547€14,912

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Modelairtools

The operating result for 2025 is a profit of €2,602, after a loss of €18,003 in 2024. It is the highest result since 2021.

Debt's share of the balance-sheet total falls from 7.2% to 6.4%. Equity is higher and debt is lower.

Large changes and their cause
  • 2022 Net result -100% on 2021. The 2021 profit included a one-off income of €488,920.

Board & ownership

Board

4 directors, last change in 2022
Director
appointed by deed of 28-03-2022 term without a fixed end
listed in the 2025 annual accounts, filed on 09-07-2026
Director
appointed by deed of 28-03-2022 term without a fixed end
listed in the 2025 annual accounts, filed on 09-07-2026
Managing director
in office according to the deed of 03-08-2017
listed in the 2025 annual accounts, filed on 09-07-2026
Director
in office according to the deed of 03-08-2017
listed in the 2025 annual accounts, filed on 09-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 28-03-2022

Office holders in the KBO →

Mandates through the years

7 names, the dashed line is today

Managing director

Director

Director

Director

Director

Director

Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
    • Managing director, from 25-05-2017 to date
    • Managing director, from before 03-08-2017, last mentioned in 2017
    • Director, from 25-05-2017 to date
    • Director, from 25-05-2017 to date
    • Director, until 28-03-2022
    • Director, from 25-05-2017 to date
    • Director, until 28-03-2022
    • Director, until 28-03-2022
    • Director, from before 03-08-2017 to 28-03-2022
    • Director, from before 03-08-2017, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€227,975
Source
2025 annual accounts

Articles of association

deed of 28-03-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
2 directors
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Wednesday of May at 20:00

Network & group

No group

Modelairtools has no parent and no holdings in its annual accounts. Modelairtools shares no director with another company.

Timeline

Timeline

46 events since 1993

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 22 days before the deadline
2025
Back to profit net €678 The net result is €678, after one loss-making year.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0450903807
Annual accounts 2024 filed PDFmicro format · 24 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 29 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 3 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 30 days before the deadline
Company renamed from ARTOBI to ModelairtoolsResignations: , , and · Appointments: (director) and (director) · Director discharge: · General meeting of 22-02-202214 points ▸
  • General meeting, 22-02-2022
  • Name change, Modelairtools
  • Registered office clause, Mechelsesteenweg 117, 2860 Sint-Katelijne-Waver, mentioned twice in the deed
  • Director resignation,
  • Director resignation,
  • Director resignation,
  • Director resignation,
  • Director discharge,
  • Director discharge,
  • Director discharge,
  • Director discharge,
  • Director appointment,
  • Director appointment,
  • Legal-form conversion, from public limited company to private limited company
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2021
Back to profit net €336,614 The net result is €336,614, after 3 loss-making years.
Liquidity more than 6 times current ratio 17.04 The current ratio rises from 2.77 to 17.04. Short-term debt falls from €97,664 to €37,782.
Annual accounts 2020 filed PDFmicro format · 19 days before the deadline
2020
Registered office moved from St.Kat. Waver to St. Kat.WaverNew registered office: Mechelsesteenweg 117 te 2860 St. Kat.Waver · Previous registered office: Mechelsesteenweg 119 te 2860 St.Kat. Waver1 point ▸
  • Registered-office move, Mechelsesteenweg 117 te 2860 St. Kat.Waver

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFmicro format · 2 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 6 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 39 days before the deadline
2017
Back to profit net €14,939 The net result is €14,939, after one loss-making year.
4 directors reappointed (managing director), , and · General meeting of 25-05-20175 points ▸
  • General meeting, 25-05-2017
  • Director reappointment, (managing director)
  • Director reappointment,
  • Director reappointment,
  • Director reappointment,

Open the deed in the Belgian Official Gazette

Annual accounts 2016 filed PDFmicro format · 28 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 6 days before the deadline
2015
Liquidity more than triples current ratio 3.21 The current ratio rises from 1.03 to 3.21. Short-term debt falls from €383,563 to €135,139.
Equity above €500,000 equity €500,111 ▲9.4% After 5 profitable years in a row, equity reaches €500,111.
Annual accounts 2014 filed PDFabbreviated format · 9 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 17 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 16 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 18 days before the deadline
2011
Back to profit net €8,953 The net result is €8,953, after 2 loss-making years.
Annual accounts 2010 filed PDFabbreviated format · 2 days before the deadline
2010
Weakest financial year net -€69,034 The net result drops to -€69,034, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2009 filed PDFabbreviated format · 25 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 3 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 21 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 5 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1993
First establishment Mechelsesteenweg 117, Sint-Katelijne-Waver
Incorporation published on 20-10-1993

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 23 September 1993, Modelairtools was incorporated.1 In 2020 the registered office moved to St. Kat.Waver.2 The name was changed to Modelairtools in 2022.3 Total assets went from €1.0m in 2018 to €638,300 in 2025 and headcount from 0.9 full-time equivalents in 2018 to 0.6 in 2020.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-11-2020
  3. 3Belgian Official Gazette, 28-03-2022
  4. 4National Bank, annual accounts 2018, 2020 and 2025

Company details

Identity

Enterprise number
0450.903.807
VAT number
BE 0450.903.807
Peppol ID
0208:0450903807
Legal form
Private limited company
Status
Active, normal situation
Founded
23-09-1993
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Wednesday of May at 20:00
deed of 28-03-2022 (in Dutch)
Peppol
Reachable since 22-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Modelairtools in Dutch
Former name
ARTOBI until 22-02-2022 · deed of 28-03-2022
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-03-2022 (in Dutch)

Activities

NACEBEL 2025
46869 Wholesale trade main activity
46499 Wholesale of other household goods
47789 Other retail sale of new goods
68201 Renting and operating of own or leased residential real estate, excluding social housing
Codes under NACEBEL 2008
46769 Wholesale trade main activity
46499 Wholesale of other household goods
47789 Retail trade
68201 Real estate activities
Codes under NACEBEL 2003
51562 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“1) De aan- en verkoop en het ontwerpen van allerhande doe-het-zelf artikelen, hobby- en knutselmaterialen; 2) De aan- en verkoop van…”
11 activities
  1. 1) De aan- en verkoop en het ontwerpen van allerhande doe-het-zelf artikelen, hobby- en knutselmaterialen;
  2. 2) De aan- en verkoop van papierwaren, kantoor- en schoolbenodigdheden, kantoormachines en kantoorinrichting;
  3. 3) De aan- en verkoop van verf en vernis, doeken en papier, alsook alle andere toebehoren en benodigdheden voor kunstschilders, hobbyisten en doe het zelvers;
  4. 4) De aan- en verkoop en het ontwerpen van alle materialen, producten en toebehoren die betrekking hebben op airbrush of andere vormen van schilderen;
  5. 5) De aan- en verkoop van strips, boeken, beeldverhalen en alle andere al dan niet ingebonden werken;
  6. 6) De aan- en verkoop en het ontwerpen van kunst in het algemeen, nieuwe schilderijen, reproducties, kaders, lijsten, posters, enzovoort;
  7. 7) De aan- en verkoop en de vervaardiging van kaders en sierlijsten in alle mogelijke materialen, vormen en toepassingen;
  8. 8) De opleiding, het advies, de begeleiding, het organiseren van demo's, beurzen en shows met betrekking tot de voorgaande activiteiten;
  9. 9) Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,: organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding, en zo verder;
  10. 10) Het beheer, de aan- en verkoop, de huur en verhuur van roerende en onroerende goederen, alsmede de, studie, de begeleiding, het ontwerpen en het uitvoeren van onroerend goed projecten;
  11. 11) Het beheer, de begeleiding en de participatie in andere ondernemingen, onder eender welke vorm Het uitoefenen van mandaten zoals onder meer zaakvoerder, bestuurder en vereffenaar.
deed of 28-03-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Mechelsesteenweg 117 registered office 2860 Sint-Katelijne-Waver 4649903 Wholesale of other household goods 08-10-1993 2.063.867.614

Buildings and parcels at the address

Ground area
411 m²
Buildings
209 m²
Volume, LiDAR
1,680 m³
Tallest building
12.8 m
Buildings to scale, each on its own parcel
209 m², 12.8 m 209 m², 12.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
12035B0725/00F002411 m² 1 · 209 m² 12.8 m · 3

We would like to set cookies. That happens only with your consent. What we measure