MODESTA
ActiveMODESTA has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141k and a net result of €9k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-17
Solvency62▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.92 in 2024; short-term debt: 24.9% and cash: 2.6% of total assets), but 62.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 30-10-2025, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
2 d early
2022
35 d late
2021
68 d late
2020
83 d late
2019
8 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€141k▲ 7.0%
2024 · €132k
2019: €114k
2020: €92k
2021: €102k
2022: €94k
2023: €112k
2024: €132k
2019 → 2025
Total assets
€378k▼ 5.8%
2024 · €401k
2019: €479k
2020: €478k
2021: €496k
2022: €420k
2023: €399k
2024: €401k
2019 → 2025
Net result
€9k▼ 52.5%
2024 · €20k
2019: €-16k
2020: €-21k
2021: €10k
2022: €-9k
2023: €19k
2024: €20k
2019 → 2025
Working capital
€86k▼ 1.4%
2024 · €87k
2019: €19k
2020: €2k
2021: €20k
2022: €26k
2023: €70k
2024: €87k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€94k▼ 8.5%€112k▲ 20.2%€132k▲ 17.4%€141k▲ 7.0%
Operating result€9k-€-12k€20k€23k▲ 14.1%€14k▼ 36.0%
Net result€10k-€-9k€19k€20k▲ 3.5%€9k▼ 52.5%
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 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €378k
Fixed assets
€199k▼ 9.6%
Current assets
€180k▼ 1.1%
Equity and liabilities €378k
Equity
€141k▲ 7.0%
Debt
€237k▼ 12.0%
The debt ratio falls from 67.1% to 62.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2024 · €43k
Cash flow
€30k▼
2024 · €40k
Solvency
37.3%▲
2024 · 32.9%
Current ratio
1.91▼
2024 · 1.92
Quick ratio
0.47▲
2024 · 0.23
Debt / equity
1.68▼
2024 · 2.04
ROE
6.6%▼
2024 · 14.8%
ROA
2.5%▼
2024 · 4.9%
Interest coverage
4.30▼
2024 · 6.51
Debt
€237k▼
2024 · €269k
Debt ≤ 1 year
€94k▼
2024 · €95k
Debt > 1 year
€143k▼
2024 · €175k
Income taxes
€4k▲
2024 · €196
Staff costs
€0▼
2024 · €489
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€401k€378k▼
Fixed assets21/28€220k€199k▼
Tangible fixed assets22/27€220k€198k▼
Land and buildings22€219k€198k▼
Plant, machinery and equipment23€79€0▼
Furniture and vehicles24€640€318▼
Financial fixed assets28€96€96=
Current assets29/58€182k€180k▼
Stocks and contracts in progress3€160k€135k▼
Stocks30/36€160k€135k▼
Amounts receivable within one year40/41€13k€34k▲
Trade receivables40€5k€34k▲
Other amounts receivable41€7k€0▼
Cash at bank and in hand54/58€9k€10k▲
Deferred charges and accrued income490/1€53€0▼
Equity and liabilities
Total equity and liabilities10/49€401k€378k▼
Equity10/15€132k€141k▲
Contributions10/11€130k€130k=
Reserves13€2k€11k▲
Distributable reserves133€2k€11k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€269k€237k▼
Amounts payable after more than one year17€175k€143k▼
Financial debts170/4€152k€128k▼
Other amounts payable178/9€23k€15k▼
Amounts payable within one year42/48€95k€94k▼
Current portion of amounts payable after more than one year42€28k€30k▲
Trade debts44€50k€39k▼
Suppliers440/4€50k€39k▼
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Other amounts payable47/48€8k€14k▲
Accrued charges and deferred income492/3-€55
Income statement
Code20242025
Remuneration, social security and pensions62€489€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-4k€-3k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€41k€36k▼
Operating profit (loss)9901€23k€14k▼
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€20k€13k▼
Income taxes67/77€196€4k▲
Profit (loss) for the period9904€20k€9k▼
Profit (loss) for the period to be appropriated9905€20k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€9k▲
Profit (loss) brought forward from the previous period14P€-18k€0▲
Transfer to equity691/2€2k€9k▲
To other reserves6921€2k€9k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €20k ▲3.5%
Operating result €23k, net result €20k, both a record.
2023
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-03
Financial
Equity above €100kEq €112k ▲20.2%
Equity rises from €94k to €112k.
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 35 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
31-03
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-03
Financial
Equity above €100kEq €102k ▲10.7%
Equity rises from €92k to €102k.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 83 days late
2020
31-03
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
2019
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 8 days late
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, Ronse · 1 establishment unit since 2017
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.
Wijnstraat 709600 RonseGround area
160 m²
Building footprint
156 m²
Volume, LiDAR
1,352 m³
Parcel 45423E0119/00M000, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MODESTA
since 20172.270.435.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45423E0119/00M000 | Flanders | 160 m² | 1 · 156 m² | 11.6 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.
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Of 460 companies in sector 47712 we hold annual accounts for 269. 202 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2017
Fiscal year end31-03
Activities, NACEBEL
47712Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.