Equity
€16,336 ▲ 3.2%
MODEST has made a profit without a break since 2022.
MODEST
Lifetime
7 annual accounts with figures on one time axispeak €6,956 (2020)
€1,300▼ 61.4%
lowest -€5,565 (2021)
€509▼ 78.8%
peak €18,259 (2020)
€16,336▲ 3.2%
€2,306▲ 307%
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
22-01-20269 days before the deadline
2025micro format
Gross margin from €3,365 to €1,300Result from €2,403 to €509Debts from €567 to €2,306
Key points
from the 2025 annual accountsTurnover
≈ €11,000 estimated
The micro format states no turnover.
Liquidity
8.08 was 28.91 in 2024
Short-term debts rose from €567 to €2,306.
Filings
7 annual accounts 1 late
The 2022 accounts came 16 days late. The other six were filed on time.
Board
1 left
A director left. Latest change 08-06-2026 · 1 in office.
Position in the sector
87.6%
Higher solvency than 87% of companies in wholesale trade. Sector median 40.6% · 15,428 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as MODEST has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,047 companies, not a prediction for MODEST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0689765020
Resignation: (director)
General meeting of 18-12-2025 · Gazette deed
Registered office moved within Sint-Niklaas
New registered office: Callaertstraat 63 te 9100 Sint-Niklaas · Previous registered office: Industriepark-West 75 te 9100 Sint-Niklaas · General meeting of 01-03-2021 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €12,400 paid up · Founders: and · Appointments: (manager) and (manager) · published on 15-02-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MODEST Sint-Niklaas | €18,642 | €1,300 | 87.6% | - |
| But Beautiful Ronse | €15,699 | €1,789 | 73.7% | - |
| BORA HOME Anderlecht | €21,723 | €0 | 87.3% | - |
| SMADERCO Liège | €9,668 | -€1,901 | 12.5% | - |
| NINA S Namur | €8,411 | -€103,332 | -1314.2% | - |
| VIGO DESIGN Charleroi | €12,186 | -€1,258 | -85.5% | - |
| 4 JUILLET Schaerbeek | €43,587 | -€19,818 | 36.5% | - |
These companies have the same main activity as MODEST: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €8,410 and €43,600, founded between 2012 and 2020.
Official details
Source: KBO- Status
- Active since 05-02-2018Normal situation
- Activity
- Agents in the wholesale of textiles, clothing, fur, footwear and leather goodsNACE 46160and 1 other
- Establishment unit
- 2.273.130.1679100 Sint-Niklaas, since 05-02-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- €18,642▲ 13.7%
- Filing
- Filed on 22-01-2026, 9 days before the end of the filing period
Insights on MODEST
MODEST files the micro format. That format states no turnover. The gross margin fell from €2,988 in 2019 to €1,300 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MODEST
- What is the company number of MODEST?
- The company number of MODEST is 0689.765.020. The VAT number is the same number with BE in front: BE 0689.765.020.
- Where is MODEST based?
- The registered office is at Callaertstraat 63, 9100 Sint-Niklaas.Company details
- What does MODEST do?
- According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
- What is the legal form of MODEST?
- MODEST is a private limited company (pre-2019) (BVBA).
- When was MODEST founded?
- MODEST was founded on 05-02-2018.
- Is MODEST still active?
- Yes, MODEST is an active enterprise in the KBO register.
- What is the turnover of MODEST?
- The turnover in financial year 2025 is ≈ €11,000. This figure is estimated from the gross margin of €1,300 and 71 comparable companies (NACE 461). It probably lies between €5,500 and €19,000. It is a rough estimate.Financials
- Is MODEST profitable?
- In financial year 2025, MODEST made a profit of €509.
- Where can I find the annual accounts of MODEST?
- MODEST filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MODEST due?
- MODEST must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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