MODES M.P.
ActiveMODES M.P. has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €554k and a net result of €74k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 46.19 against 24.48 in 2023; short-term debt: 2.1% and cash: 3.1% of total assets), and 2.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
97.9%
Return on assets
13.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
9 d late
2022
38 d early
2021
44 d early
2020
25 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€554k▲ 6.4%
2023 · €520k
2018: €342k
2019: €377k
2020: €455k
2021: €433k
2022: €458k
2023: €520k
2018 → 2024
Total assets
€566k▲ 4.4%
2023 · €542k
2018: €368k
2019: €390k
2020: €476k
2021: €452k
2022: €473k
2023: €542k
2018 → 2024
Net result
€74k▼ 35.3%
2023 · €115k
2018: €41k
2019: €42k
2020: €78k
2021: €97k
2022: €62k
2023: €115k
2018 → 2024
Working capital
€544k▲ 6.8%
2023 · €509k
2018: €299k
2019: €345k
2020: €434k
2021: €423k
2022: €452k
2023: €509k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€455k-€433k▼ 4.8%€458k▲ 5.7%€520k▲ 13.7%€554k▲ 6.4%
Operating result€77k-€95k▲ 24.4%€116k▲ 21.9%€151k▲ 30.0%€104k▼ 31.1%
Net result€78k-€97k▲ 25.3%€62k▼ 36.2%€115k▲ 84.6%€74k▼ 35.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 31% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €566k
Fixed assets
€10k▼ 12.2%
Current assets
€556k▲ 4.7%
Equity and liabilities €566k
Equity
€554k▲ 6.4%
Debt
€12k▼ 44.5%
The debt ratio falls from 4.0% to 2.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€107k▼
2023 · €156k
Cash flow
€77k▼
2023 · €119k
Solvency
97.9%▲
2023 · 96.0%
Current ratio
46.19▲
2023 · 24.48
Quick ratio
46.19▲
2023 · 24.48
Debt / equity
0.02▼
2023 · 0.04
ROE
13.4%▼
2023 · 22.0%
ROA
13.1%▼
2023 · 21.1%
Interest coverage
49.33▼
2023 · 546.51
Debt
€12k▼
2023 · €22k
Debt ≤ 1 year
€12k▼
2023 · €22k
Income taxes
€29k▼
2023 · €39k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€542k€566k▲
Fixed assets21/28€11k€10k▼
Tangible fixed assets22/27€11k€10k▼
Plant, machinery and equipment23€8k€10k▲
Other tangible fixed assets26€3k-
Current assets29/58€531k€556k▲
Amounts receivable within one year40/41€14k€20k▲
Trade receivables40€10k€15k▲
Other amounts receivable41€4k€5k▲
Current investments50/53€458k€519k▲
Cash at bank and in hand54/58€59k€17k▼
Equity and liabilities
Total equity and liabilities10/49€542k€566k▲
Equity10/15€520k€554k▲
Reserves13€435k€468k▲
Tax-exempt reserves132€9k€9k=
Distributable reserves133€426k€459k▲
Profit (loss) carried forward14€85k€85k=
Amounts payable17/49€22k€12k▼
Amounts payable within one year42/48€22k€12k▼
Trade debts44€63€1k▲
Suppliers440/4€63€1k▲
Taxes, remuneration and social security45€22k€11k▼
Taxes450/3€18k€7k▼
Remuneration and social security454/9€4k€4k=
Income statement
Code20232024
Non-recurring operating income76A€5k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€629€865▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€156k€110k▼
Operating profit (loss)9901€151k€104k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€285€2k▲
Recurring financial charges65€285€2k▲
Profit (loss) for the period before taxes9903€153k€103k▼
Income taxes67/77€39k€29k▼
Profit (loss) for the period9904€115k€74k▼
Profit (loss) for the period to be appropriated9905€115k€74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€200k€159k▼
Profit (loss) brought forward from the previous period14P€85k€85k=
Transfer from equity791/2€39k€41k▲
Transfer to equity691/2€115k€74k▼
To other reserves6921€115k€74k▼
Profit to be distributed694/7€39k€41k▲
Return on contributions (dividend)694€39k€41k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Highest result since 2018net €115k ▲84.6%
Operating result €151k, net result €115k, both a record.
31-12
Financial
Equity above €500kEq €520k ▲13.7%
6 profitable years in a row build equity to €520k.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-05
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
2 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, Oostende · 1 establishment unit since 2005
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.
Victorialaan 258400 OostendeGround area
2,994 m²
Building footprint
111 m²
Volume, LiDAR
191 m³
Parcel 35382D0904/00G000, Flanders · tallest building 3.9 m. Linked by address, not a title deed.
1 establishment unit
Modes M.P.
since 20052.146.312.169
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0904/00G000 | Flanders | 2,994 m² | 1 · 111 m² | 3.9 m |
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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,568. 33,819 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-04-2005
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.