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MODEST KRANEN

Active
Private limited companyfounded 2019active for 7 yearsLeerlooierijstraat 14, 8600 Diksmuide, BelgiumKBO/BCE: BE 0719.591.926
Summary

The computed 12-month bankruptcy probability of MODEST KRANEN is 1.6% (moderate). The 2025 annual accounts show equity of €51,880 and a net result of €138,828, of which €132,211 non-recurring income. Equity has been growing by about 7.3% per year since 2020. Its solvency ranks better than 71% of 1,139 sector peers (NACE 77, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-01-2019 Normal situation
Activity
Rental and leasing activities NACE 77320
Establishment unit
2.284.783.926 8600 Diksmuide, since 30-01-2019
Financial year end
31 March
Peppol
Reachable since 22-10-2025

Board and ownership

Board
  • BLAUWVOET 1Director · permanent representative Toon MEGANCK
Shareholders
  • BLAUWVOET 1· score 522025 annual accounts of BLAUWVOET 1

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts to 31-03-2025
Gross margin
€145,869
▲ 95.0%
Turnover
≈ €370,000
estimated
Profit
€138,828
Equity
€51,880
▲ 146%
Total assets
€86,987
▼ 21.0%
Staff
0.1 FTE
▼ 90.0%
  • 2026 accounts not filed, 2 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 05-11-2025)Size: 0.1 FTE, total assets €86,987Founded in 20191 financial year not filed after the legal deadlineShow the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 74% of micro companies in rental and leasing (NACE 77)
Financial strength · tick: 2024
Strong
Solvency 85+41
equity 59.6% of total assets
Liquidity 36+2
short-term debt 40.4% · cash 4.0%
Profitability 100+50
return on assets 159.6%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 12-2024: 1.9% 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.7%▼ -0.2 percentage points vs 04-2025 06-2025: 1.6%▼ -0.1 percentage points vs 05-2025 07-2025: 1.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.9%▲ +0.1 percentage points vs 09-2025 11-2025: 2.8%▲ +0.9 percentage points vs 10-2025highest value 12-2025: 0.9%▼ -1.9 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026lowest value 05-2026: 0.9%● unchanged vs 04-2026lowest value 06-2026: 0.9%● unchanged vs 05-2026lowest value 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.1 percentage points vs 07-2026 09-2026: 1.0%▼ -0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.2 percentage points vs 09-2026 11-2026: 1.6%▲ +0.4 percentage points vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.48 (0.55 in 2024), above the usual 1.5. Short-term debt is 40.4% and cash 4% of total assets. 40.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 72% of them on solvency, 34% on liquidity, 95% on profitability and 95% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Figures for financial year 2025 (filed on 05-11-2025)
NBB · annual accounts
raises risk · Size: 0.1 FTE, total assets €86,987
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 financial year not filed after the legal deadline
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2026
not filed
2025
on the day
2024
1 day early
2023
145 days early
2022
95 days early
2021
36 days late
2020
64 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 45 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €30,847 in 2024 €138,828 View
  • Positive: Higher net result than 80% of companies in rental and leasingsector median €16,836 · 1,139 companies €138,828 View

Recent changes

  1. · Gazette deed Resignation: DELMO PROJECTS BV (director)Permanent representatives: David Moncarey and Toon MEGANCK · Appointment: BLAUWVOET 1 BV (director)
  2. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as MODEST KRANEN: rental and leasing activities (NACE 77320). They are comparable in size and age: total assets between €78,400 and €132,000, founded between 2017 and 2022.

CompanyTotal assetsGross margin
MODEST KRANEN Diksmuide€86,987€145,869
JADE SYNERGIES Antwerpen€78,420€37,427
VAN WEZEMAEL EQUIPMENT Bornem€101,365€83,684
WORKMATE Dentergem€114,754€52,638
Rental Works BV Zandhoven€85,280€67,745
Melti Aarschot€101,867€59,453
OLYMPUS RENT Zaventem€131,721€118,290
Full comparison

Key facts about MODEST KRANEN

What is the company number of MODEST KRANEN?
The company number of MODEST KRANEN is 0719.591.926. The VAT number is the same number with BE in front: BE 0719.591.926.
Where is MODEST KRANEN based?
The registered office is at Leerlooierijstraat 14, 8600 Diksmuide.Company details
What does MODEST KRANEN do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77320).
What is the legal form of MODEST KRANEN?
The legal form of MODEST KRANEN is Private limited company (BV).
When was MODEST KRANEN founded?
MODEST KRANEN was founded on 30-01-2019.
Is MODEST KRANEN still active?
Yes, MODEST KRANEN is an active enterprise in the KBO register.
How many employees does MODEST KRANEN have?
MODEST KRANEN had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MODEST KRANEN?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €145,869 and 1,647 comparable companies of the same size. It probably lies between €230,000 and €700,000. It is a rough estimate.
Is MODEST KRANEN profitable?
In financial year 2025, MODEST KRANEN made a profit of €138,828.
Where can I find the annual accounts of MODEST KRANEN?
MODEST KRANEN filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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