Skip to content
Checked.be
Complete company report
Generated 22-07-2026
Active BE 0782.907.190Private limited company

MODELKA

Hans Memlingstraat(Mar) 1 ·8510 Kortrijk, Belgium· 4 yrs active
Sector: Real estate activities (68121)
Conclusion Checked

The computed 12-month bankruptcy probability of MODELKA is 1.1% (low). The 2024 annual accounts show equity of €126k and a net result of €40k. Its solvency ranks better than 53% of 4922 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €126k
Net result €40k
Staff (FTE) 1.2
Better than sector 53%
Snowflake analysis 5 axes · computed by Checked
Health68Profitability100Solvency27Growth52Stability94
68 / 100

Strong profile, led by profitability.

Health 68
Profitability 100
Solvency 27
Growth 52
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.1% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −Multiple establishment units +

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
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
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 2024 · computed
68 / 100 Healthy
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 18-06-2025 with the NBB · fiscal year 2024 · micro
€0€100k€200k€300kOperating result 2023: €260k€260kNet result 2023: €241k€241kOperating result 2024: €57k€57kNet result 2024: €40k€40k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 19.9% 16.7%
better than 53% of 4922 sector peers
Net result €40k €2k
better than 83% of 4914 sector peers
Equity €126k €27k
better than 77% of 4925 sector peers
Gross operating margin €171k €27k
better than 91% of 4908 sector peers
Staff costs €90k €20k
higher than 86% of 728 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€79k
-70.3% far above sector median
Net profit
€40k
-83.5% far above sector median
Cash flow
€62k
-74.9% far above sector median
Total assets
€635k
+19.8% +12% vs sector
Equity
€126k
+46.3% -3% vs sector
Working capital
€68k
+649.7% far above sector median
Employees (FTE)
1
+200.0% +20% vs sector
Staff costs
€90k
+66.9% -33% vs sector
Income taxes
€14k
-11.8% +24% vs sector
Debt
€509k
+14.6% far above sector median
Debt ≤ 1y
€509k
+14.6% far above sector median
Current ratio
1.13
+11.0% far above sector median
Quick ratio
1.13
+11.0% far above sector median
Solvency
19.9%
+22.2% -74% vs sector
Debt / equity
4.03
-21.7% far above sector median
ROE
31.6%
-88.7% far above sector median
ROA
6.3%
-86.2% far above sector median
Interest coverage
18.54
-77.4% -92% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€79k
Net profit€40k
Cash flow€62k
Staff costs€90k
Income taxes€14k
Dividends-
Total assets€635k
Equity€126k
Debt€509k
of which ≤ 1y€509k
of which > 1y-
Working capital€68k
Employees (FTE)1.2
Ratios (computed)
2024
Current ratio1.13
Quick ratio1.13
Working capital ratio10.6%
Solvency19.9%
Debt / equity4.03
Long-term debt ratio-
Interest coverage18.54
Gross margin-
Net margin-
ROA6.3%
ROE31.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€635k
Fixed assets 21/28€59k
Tangible fixed assets 22/27€59k
Current assets 29/58€576k
Amounts receivable within one year 40/41€186k
Cash & bank 54/58€387k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€635k
Equity 10/15€126k
Contributions / capital 10/11€25k
Reserves 13€101k
Amounts payable 17/49€509k
Amounts payable within one year 42/48€509k
Trade debts payable within one year 44€256k
Income statement
Gross operating margin 9900€171k
Operating result 9901€57k
Financial income 75€835
Financial charges 65€4k
Result before taxes 9903€54k
Income taxes 67/77€14k
Net result for the period 9904€40k
Result to be appropriated 9905€40k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Real estate activities(68121)
Legal form Private limited company(610)
Incorporation04-03-2022
StatusActive
Postal code8510
Establishment units 2 locations
MODELKA
Hans Memlingstraat(Mar) 1, 8510 KortrijkZagen en schaven van hout
since 20222.329.573.279
MODELKA
de Smet de Naeyerlaan 69, 8370 BlankenbergeZagen en schaven van hout
since 20232.347.783.050
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.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34026A0672/00X000 Flanders 1,182 m² 1 · 179 m² 9.5 m · 2 fl.
31004A0793/00S021 Flanders 69 m² 1 · 69 m² 15.3 m · 5 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 3 events

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

2025
18-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
09-01-2025
State Gazette act Registered-office change
2024
29-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Belgisch Staatsblad, acts 1 acts
Address history · 1
09-01-2025
Registered-office move
All acts · 1 updated 1 year ago
2025
09-01-2025 Registered office moved within Kortrijk Registered-office change
  • 8510 Kortrijk, Hans Memlingstraat 3 → 8510 Kortrijk, Hans Memlingstraat 1
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "8510 Kortrijk, Hans Memlingstraat 1",
        "city": "Kortrijk",
        "region": "vlaams_gewest",
        "street": "Hans Memlingstraat",
        "country": "BE",
        "postcode": "8510",
        "box_number": null,
        "street_number": "1",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "8510 Kortrijk, Hans Memlingstraat 3",
        "city": "Kortrijk",
        "region": "vlaams_gewest",
        "street": "Hans Memlingstraat",
        "country": "BE",
        "postcode": "8510",
        "box_number": null,
        "street_number": "3",
        "locality_suffix": null
      },
      "effective_date": "2024-12-30",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-01-09",
    "filing_date": "2024-12-30",
    "act_kind_objet": "zetelverplaatsing"
  },
  "decision": {
    "body": "enige_bestuurder",
    "date": "2024-11-27",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0782.907.190",
    "name_full": "MODELKA",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Danny Ongenae",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221Schrijnwerk43320Schrijnwerk43320Ontwikkeling van niet-residentiële bouwprojecten68122Activiteiten van interieurdecorateurs74104Interieurontwerp74130
Primary activity highlighted.
Names & trade names
Legal nameNL MODELKA
Registered office
Hans Memlingstraat(Mar) 1
8510 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
Agence Depoorter West BE 0424.737.561 · Middelkerke
URO CORP BE 0426.950.052 · Genk
BOUWCONCEPT DE WERKERS BE 0427.065.165 · Zonhoven
IMMO WALL BE 0417.716.939 · La Louvière
INTERBOUW BE 0429.609.238 · Zutendaal
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative