MODERNA
InactiveMODERNA was declared bankrupt on 02-08-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 19-10-2023, published in the Belgian State Gazette on 25-10-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d early
2020
89 d late
2019
454 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€11k▼ 6.0%
2020 · €12k
2018: €13k
2019: €10k
2020: €12k
2018 → 2021
Total assets
€42k▼ 19.7%
2020 · €53k
2018: €26k
2019: €42k
2020: €53k
2018 → 2021
Net result
€-699
2020 · €2k
2018: €12k
2019: €-3k
2020: €2k
2018 → 2021
Working capital
€14k▼ 9.5%
2020 · €15k
2018: €12k
2019: €8k
2020: €15k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€13k-€10k▼ 25.8%€12k▲ 20.3%€11k▼ 6.0%
Operating result€19k-€7k▼ 64.2%€4k▼ 40.6%€2k▼ 45.3%
Net result€12k-€-3k€2k€-699
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2021 is 45% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €42k
Fixed assets
€2k▼ 1.3%
Current assets
€41k▼ 20.3%
Equity and liabilities €42k
Equity
€11k▼ 6.0%
Debt
€31k▼ 23.6%
The debt ratio falls from 78.0% to 74.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▼
2020 · €4k
Cash flow
€-678▼
2020 · €2k
Solvency
25.8%▲
2020 · 22.0%
Current ratio
1.51▲
2020 · 1.43
Quick ratio
1.43▲
2020 · 1.36
Debt / equity
2.88
ROE
-6.4%▼
2020 · 16.9%
ROA
-1.7%▼
2020 · 3.7%
Interest coverage
0.76
Debt
€31k▼
2020 · €41k
Debt ≤ 1 year
€27k▼
2020 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€53k€42k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€1k€1k▼
Plant, machinery and equipment23-€104
Furniture and vehicles24-€1k
Financial fixed assets28€500€500=
Current assets29/58€51k€41k▼
Stocks and contracts in progress3€2k€2k=
Stocks30/36-€2k
Amounts receivable within one year40/41€1k€2k▲
Trade receivables40-€2k
Cash at bank and in hand54/58€47k€36k▼
Equity and liabilities
Total equity and liabilities10/49€53k€42k▼
Equity10/15€12k€11k▼
Contributions10/11-€6k
Outside capital11-€6k
Other1109/19-€6k
Reserves13€7k€7k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€5k
Profit (loss) carried forward14€-1k€-2k▼
Amounts payable17/49€41k€31k▼
Amounts payable within one year42/48€36k€27k▼
Trade debts44-€252
Suppliers440/4-€252
Taxes, remuneration and social security45-€27k
Taxes450/3-€27k
Accrued charges and deferred income492/3-€4k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95€21▼
Other operating charges640/8-€180
Gross operating margin9900€4k€2k▼
Operating profit (loss)9901€4k€2k▼
Financial charges65/66B-€3k
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€2k€-699▼
Profit (loss) for the period9904€2k€-699▼
Profit (loss) for the period to be appropriated9905€2k€-699▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-2k
Profit (loss) brought forward from the previous period14P-€-1k
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
2023
25-10
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · MODERNA BVBA ROZENKRANSLAAN 4, 3270 SCHERPENHEUVEL · event 19-10-2023
2022
08-08
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · MODERNA BVBA ROZEN- KRANSLAAN 4, 3270 SCHERPENHEUVEL · event 02-08-2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 454 days late
27-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 819 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2019
31-12
Financial
Weakest financial yearnet €-3k ▼129%
Net result drops to €-3k, the lowest in the series.
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 25 days late
2013
24-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 24 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JOHAN MOMMAERTS BRUSSELSESTEENWEG 62,
3000 LEUVEN |
02-08-2022 → present |
| Curator | STEVEN NYSTEN BRUSSELSESTEENWEG 62, 3000 LEUVEN |
02-08-2022 → present |