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MODELIM

Active
Private limited companyfounded 20242 yrs activeBrabantstraat 200, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1009.531.656
Summary

The computed 12-month bankruptcy probability of MODELIM is 9.3% (elevated). The 2024 annual accounts show negative equity (-€8,396) and a net result of -€8,397. Its solvency ranks better than 9% of 26041 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
9.3% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49; short-term debt: 203.2% and cash: 100% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-103.2%
Return on assets
-103.2%
Age of the figures
21 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 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 · 1 filing
Deviation from the deadline
2024
47 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 47 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 May 2024, MODELIM was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Turnover
€49,537
EBIT margin
-16.5%
Net result
-€8,397
Working capital
-€8,396

Turnover and EBIT margin not published: the micro schema does not require them.

Key figures and ratios
2024 value
Solvency
-103.2%
Current ratio
0.49
Debt to equity
-1.97
ROA
-103.2%
Debt
€16,533
Debt ≤ 1 year
€16,533
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 23 lines
Balance sheet Code2024
Assets
Total assets20/58€8,137
Current assets29/58€8,137
Cash at bank and in hand54/58€8,137
Equity and liabilities
Total equity and liabilities10/49€8,137
Equity10/15-€8,396
Contributions10/11€1
Profit (loss) carried forward14-€8,397
Amounts payable17/49€16,533
Amounts payable within one year42/48€16,533
Trade debts44€15,286
Suppliers440/4€15,286
Taxes, remuneration and social security45€1,247
Taxes450/3€1,247
Income statement Code2024
Turnover70€49,537
Goods, raw materials, services and sundry goods60/61€57,687
Gross operating margin9900-€8,151
Operating profit (loss)9901-€8,151
Financial charges65/66B€247
Recurring financial charges65€247
Profit (loss) for the period before taxes9903-€8,397
Profit (loss) for the period9904-€8,397
Profit (loss) for the period to be appropriated9905-€8,397
Appropriation of the result
Profit (loss) to be appropriated9906-€8,397

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€49,537
Goods, raw materials, services and sundry goods60/61€57,687
Gross operating margin9900-€8,151
Operating profit (loss)9901-€8,151
Financial charges65/66B€247
Recurring financial charges65€247
Profit (loss) for the period before taxes9903-€8,397
Profit (loss) for the period9904-€8,397
Profit (loss) for the period to be appropriated9905-€8,397
Line2024
Assets
Total assets20/58€8,137
Current assets29/58€8,137
Cash at bank and in hand54/58€8,137
Equity and liabilities
Total equity and liabilities10/49€8,137
Equity10/15-€8,396
Contributions10/11€1
Profit (loss) carried forward14-€8,397
Amounts payable17/49€16,533
Amounts payable within one year42/48€16,533
Trade debts44€15,286
Suppliers440/4€15,286
Taxes, remuneration and social security45€1,247
Taxes450/3€1,247
Line2024
Profit (loss) for the period9904-€8,397
Operating cash flow (approximation)-€8,397

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
16-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Schaarbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
330 m²
Building footprint
108 m²
Volume, LiDAR
1,421 m³
Parcel 21908E0023/00K008, Brussels · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MODELIM
Brabantstraat 200, 1030 SchaarbeekManufacture of textiles
since 20242.360.246.758
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21908E0023/00K008 Brussels 330 m² 1 · 108 m² 17.9 m · 5 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,495 companies in sector 47716 we hold annual accounts for 2,438. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46423Wholesale of clothing, excluding workwear and underwear
47711Retail sale of women's outerwear

Scores and ratios are computed by Checked and are not a credit decision.