MODERN TECH NOW
ActiveSummary
MODERN TECH NOW has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €93k and a net result of €45k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+23
Solvency100▲+6
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.83 against 3.16 in 2023; short-term debt: 25.5% and cash: 89.5% of total assets), and 25.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-04-2025, 121 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
121 d early
2023
84 d early
2022
53 d early
2021
19 d early
2020
10 d late
2019
134 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€93k▲ 25.2%
2023 · €74k
2018: €164k
2019: €141k
2020: €120k
2021: €135k
2022: €154k
2023: €74k
2018 → 2024
Total assets
€125k▲ 16.4%
2023 · €108k
2018: €171k
2019: €193k
2020: €156k
2021: €141k
2022: €167k
2023: €108k
2018 → 2024
Net result
€45k▲ 516%
2023 · €7k
2018: €26k
2019: €26k
2020: €7k
2021: €16k
2022: €19k
2023: €7k
2018 → 2024
Working capital
€90k▲ 26.6%
2023 · €71k
2018: €158k
2019: €139k
2020: €119k
2021: €133k
2022: €150k
2023: €71k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€120k-€135k▲ 13.0%€154k▲ 13.7%€74k▼ 51.5%€93k▲ 25.2%
Operating result€12k-€25k▲ 110%€30k▲ 22.3%€12k▼ 60.4%€82k▲ 588%
Net result€7k-€16k▲ 142%€19k▲ 18.4%€7k▼ 62.2%€45k▲ 516%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 588% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125k
Fixed assets
€3k ▼ 4.7%
Current assets
€122k ▲ 17.0%
Equity and liabilities €125k
Equity
€93k ▲ 25.2%
Debt
€32k ▼ 3.5%
Debt's share of the balance-sheet total falls from 30.7% to 25.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2023 · €13k
Cash flow
€46k▲
2023 · €9k
Current ratio
3.83▲
2023 · 3.16
Debt to equity
0.34▼
2023 · 0.44
ROE
48.4%▲
2023 · 9.8%
ROA
36.0%▲
2023 · 6.8%
Interest coverage
64.33▲
2023 · 9.74
Debt ≤ 1 year
€32k▼
2023 · €33k
Income taxes
€36k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€108k€125k▲
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€3k€3k▼
Plant, machinery and equipment23€3k€3k▼
Current assets29/58€104k€122k▲
Amounts receivable within one year40/41€10k€9k▼
Trade receivables40€2k€6k▲
Other amounts receivable41€8k€3k▼
Cash at bank and in hand54/58€94k€112k▲
Deferred charges and accrued income490/1€741€718▼
Equity and liabilities
Total equity and liabilities10/49€108k€125k▲
Equity10/15€74k€93k▲
Reserves13€74k€93k▲
Distributable reserves133€74k€93k▲
Amounts payable17/49€33k€32k▼
Amounts payable within one year42/48€33k€32k▼
Trade debts44€2k€252▼
Suppliers440/4€2k€252▼
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€27k€26k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€497€505▲
Gross operating margin9900€14k€84k▲
Operating profit (loss)9901€12k€82k▲
Financial income75/76B-€805
Recurring financial income75-€805
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€11k€81k▲
Income taxes67/77€3k€36k▲
Profit (loss) for the period9904€7k€45k▲
Profit (loss) for the period to be appropriated9905€7k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€71k▲
Profit (loss) brought forward from the previous period14P-€26k
Transfer from equity791/2€72k-
Transfer to equity691/2€7k€45k▲
To other reserves6921€7k€45k▲
Profit to be distributed694/7€72k€26k▼
Return on contributions (dividend)694€72k€26k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €45k ▲516%
Operating result €82k, net result €45k, both a record.
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €154k ▲13.7%
5 profitable years in a row build equity to €154k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 6current ratio 24.37
Current ratio from 4.25 to 24.37; short-term debt falls from €37k to €6k.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Weakest financial yearnet €7k ▼74.3%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Antwerpen · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kempenlandstraat 29C2660 AntwerpenGround area
236 m²
Building footprint
58 m²
Volume, LiDAR
513 m³
Parcel 11019B0060/00A007, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Modern Tech Now
since 20142.226.050.723
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11019B0060/00A007 | Flanders | 236 m² | 1 · 58 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
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KINOVA
BE 0848.382.982
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AGILITY
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Bits & Bricks
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,956 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
74301Translation services
82990Other business support services
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.