19 annual accounts with figures on one time axis, 33 filings since 1993
peak €2.6m (2023)
€1,727▼ 99.9%
lowest -€690,505 (2025)
-€690,505▼ €84,092
peak €575,507 (2020)
-€2.1m▼ €690,505
€2.1m▲ 32.4%
peak 46.3 FTE (2023)
7.4 FTE▼ 79.8%
Board7 names since 2019
3 directorsName hiddenVisible after signing in and 2 others
Owners2 names in the annual accounts
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Gross margin from €1.9m to €1,727Loss of €690,505Staff from 36.6 FTE to 7.4 FTERegistered office moved from Merelb to Merelbeke-Melle12-111 director appointed, 2 resignations, 2 reappointments25-02Equity from -€1.4m to -€2.1m
Lower solvency than 95% of companies in residential care. Sector median 47.8% · 810 companies.
Staff (FTE) -80%: branch of activity transferred
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 6,618 companies had the same profile as MODEVA has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Micro
20 years or older
negative equity
a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
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.
The companies in ten equal groups, from the lowest to the highest expected share
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 6,618 companies, not a prediction for MODEVA. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Transfer proposal: Home Claire transfers a branch of activity to MODEVA
Capital €562,000, annual accounts 2025 · Gazette deed
Registered office moved from Merelb to Merelbeke-Melle
New registered office: Guldensporenpark 117 A te 9820 Merelbeke-Melle · Previous registered office: GULDENSPORENPARK 117 BUS A, 9820 MERELBЕKЕ · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0448197309
1 director appointed, 2 resignations, 2 reappointments
Resignations: Name hiddenVisible after signing in (managing director) and Hidden nameVisible after signing in · Permanent representatives: Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · Reappointments: Name after signing inVisible after signing in and Name hiddenVisible after signing in · General meeting of 30-01-2025 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as MODEVA: residential care activities (NACE 87101). They are comparable in size and age: total assets between €3,790 and €249,000, founded between 1982 and 2022.
The company number of MODEVA is 0448.197.309. The VAT number is the same number with BE in front: BE 0448.197.309.
Where is MODEVA based?
The registered office is at Guldensporenpark 117, 9820 Merelbeke-Melle.Company details
What does MODEVA do?
According to the KBO register, the main activity is residential care activities (NACE 87101).
What is the legal form of MODEVA?
MODEVA is a public limited company (NV).
When was MODEVA founded?
MODEVA was founded on 23-09-1992.
Is MODEVA still active?
Yes, MODEVA is an active enterprise in the KBO register.
How many employees does MODEVA have?
MODEVA had an average of 7.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MODEVA fall under?
In its 2025 annual accounts, MODEVA states joint committee 330.01 (Health institutions and services).
What is the turnover of MODEVA?
The turnover in financial year 2025 is ≈ €12,000. This figure is estimated from the gross margin of €1,727 and 2,729 comparable companies of the same size. It probably lies between €4,900 and €29,000. It is a rough estimate.
Is MODEVA profitable?
In financial year 2025, MODEVA made a loss of €690,505.
Where can I find the annual accounts of MODEVA?
MODEVA filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MODEVA due?
MODEVA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline