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MODELTEAM

Active
Private limited company (pre-2019)founded 2004active for 22 yearsPlace de l'Europe, Soye 5, 5150 Floreffe, BelgiumKBO/BCE: BE 0863.642.171
Summary

The computed 12-month bankruptcy probability of MODELTEAM is 6.8% (elevated). The 2019 annual accounts show negative equity (-€55,611). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€4,273total assets 2019
Equity
-€55,611
Financial health
Bankruptcy probabilitywithin 12 months
6.8%
2019 figures too old to score
Structure
Accounts 1901 days overdue0 of 4 deeds read
Signalsraises riskFigures for financial year 2019 (filed 02-09-2020)No filing in 24 months (latest 02-09-2020)lowers riskSize: total assets €4,273Founded in 2004neutralNo filing for yearsFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Bankruptcy probability, 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 7.0%highest value 12-2024: 7.0%● unchanged vs 11-2024highest value 01-2025: 7.0%● unchanged vs 12-2024highest value 02-2025: 7.0%● unchanged vs 01-2025highest value 03-2025: 7.0%● unchanged vs 02-2025highest value 04-2025: 7.0%● unchanged vs 03-2025highest value 05-2025: 7.0%● unchanged vs 04-2025highest value 06-2025: 6.8%▼ -0.2 percentage points vs 05-2025 07-2025: 6.8%● unchanged vs 06-2025 08-2025: 6.8%● unchanged vs 07-2025 09-2025: 6.8%● unchanged vs 08-2025 10-2025: 6.8%● unchanged vs 09-2025 11-2025: 6.8%● unchanged vs 10-2025 12-2025: 6.8%● unchanged vs 11-2025 01-2026: 6.8%● unchanged vs 12-2025 02-2026: 6.8%● unchanged vs 01-2026 03-2026: 6.8%● unchanged vs 02-2026 04-2026: 6.8%● unchanged vs 03-2026 05-2026: 6.8%● unchanged vs 04-2026lowest value 06-2026: 6.8%● unchanged vs 05-2026lowest value 07-2026: 6.8%● unchanged vs 06-2026lowest value 08-2026: 6.8%● unchanged vs 07-2026 09-2026: 6.8%● unchanged vs 08-2026 10-2026: 6.8%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2019 (filed 02-09-2020)
NBB · annual accounts
lowers risk · Size: total assets €4,273
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · No filing in 24 months (latest 02-09-2020)
NBB · filings
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filings
Position against the passed deadline
31-12-2020 year end31-07-2021 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 28-08-2020, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2019 · full…
  2. Annual accounts filedfinancial year 2016 · full…
  3. Annual accounts filedfinancial year 2015 · full…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2021 1901 days late View
  • Risk: Negative equityfinancial year 2019: debts exceed assets -€55,611 View
  • Active since 2004founded 24-02-2004 22 years View

By topic

Financials

Financial year
2019
Total assets
€4,273
Solvency
-1301.4%
Liquidity
0.07
Go to Financials

Timeline

Events
8
Since
2005
  1. 17-12-2015Annual accounts filed
  2. 30-11-2011Annual accounts filed
  3. 26-07-2010Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
24-02-2004
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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