MODO
ActiveMODO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €-1k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+6
Solvency57▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.61 in 2024; short-term debt: 45.2% and cash: 12.5% of total assets), but 67.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.4%
Return on assets
-0.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
17 d early
2023
31 d early
2022
on the day
2021
on the day
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€137k▼ 0.8%
2024 · €138k
2019: €37k
2020: €53k
2021: €43k
2022: €84k
2023: €120k
2024: €138k
2019 → 2025
Total assets
€424k▼ 6.8%
2024 · €455k
2019: €161k
2020: €198k
2021: €249k
2022: €294k
2023: €374k
2024: €455k
2019 → 2025
Net result
€-1k
2024 · €18k
2019: €14k
2020: €16k
2021: €-10k
2022: €41k
2023: €36k
2024: €18k
2019 → 2025
Working capital
€117k▲ 0.9%
2024 · €116k
2019: €59k
2020: €76k
2021: €83k
2022: €87k
2023: €122k
2024: €116k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€84k▲ 96.1%€120k▲ 42.5%€138k▲ 15.4%€137k▼ 0.8%
Operating result€-10k-€53k€43k▼ 18.1%€33k▼ 23.4%€-2k
Net result€-10k-€41k€36k▼ 13.2%€18k▼ 48.5%€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €33k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €424k
Fixed assets
€115k▼ 22.4%
Current assets
€309k▲ 0.6%
Equity and liabilities €424k
Equity
€137k▼ 0.8%
Debt
€287k▼ 9.5%
The debt ratio falls from 69.6% to 67.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€32k▼
2024 · €62k
Cash flow
€33k▼
2024 · €48k
Solvency
32.4%▲
2024 · 30.4%
Current ratio
1.61▲
2024 · 1.61
Quick ratio
0.33▲
2024 · 0.25
Debt / equity
2.09▼
2024 · 2.29
ROE
-0.8%▼
2024 · 13.3%
ROA
-0.3%▼
2024 · 4.0%
Interest coverage
7.42▲
2024 · 4.59
Debt
€287k▼
2024 · €317k
Debt ≤ 1 year
€192k▲
2024 · €191k
Debt > 1 year
€95k▼
2024 · €126k
Income taxes
€556▼
2024 · €8k
Staff costs
€45k▲
2024 · €42k
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€455k€424k▼
Formation expenses20€0€0=
Fixed assets21/28€148k€115k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€148k€115k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€2k€2k▼
Leasing and similar rights25€86k€66k▼
Other tangible fixed assets26€59k€47k▼
Current assets29/58€307k€309k▲
Stocks and contracts in progress3€260k€246k▼
Stocks30/36€260k€246k▼
Amounts receivable within one year40/41€105€7k▲
Trade receivables40-€151
Other amounts receivable41€105€7k▲
Cash at bank and in hand54/58€44k€53k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€455k€424k▼
Equity10/15€138k€137k▼
Contributions10/11€19k€19k=
Reserves13€120k€120k=
Distributable reserves133€120k€120k=
Profit (loss) carried forward14-€-1k
Amounts payable17/49€317k€287k▼
Amounts payable after more than one year17€126k€95k▼
Financial debts170/4€126k€95k▼
Amounts payable within one year42/48€191k€192k▲
Current portion of amounts payable after more than one year42€30k€31k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€30k€21k▼
Taxes450/3€20k€11k▼
Remuneration and social security454/9€10k€10k▼
Other amounts payable47/48€128k€135k▲
Income statement
Code20242025
Remuneration, social security and pensions62€42k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€34k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€106k€80k▼
Operating profit (loss)9901€33k€-2k▼
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€14k€4k▼
Recurring financial charges65€14k€4k▼
Profit (loss) for the period before taxes9903€26k€-576▼
Income taxes67/77€8k€556▼
Profit (loss) for the period9904€18k€-1k▼
Profit (loss) for the period to be appropriated9905€18k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-1k▼
Transfer to equity691/2€18k-
To other reserves6921€18k-
The notes to these accounts (10 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
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €100kEq €120k ▲42.5%
2 profitable years in a row build equity to €120k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-10k ▼163%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Heusden-Zolder · 2 establishment units since 2016
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.
Dorpsstraat 1253550 Heusden-ZolderGround area
1,573 m²
Building footprint
128 m²
Volume, LiDAR
723 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Léroli Fashion
since 20162.255.591.874
Léroli Fashion
since 20172.266.671.848
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462D0563/00E000 | Flanders | 804 m² | - | - |
| 71065A1508/00A003 | Flanders | 770 m² | 1 · 128 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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BAERT FASHION
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ZUS & GUS
BE 0677.893.210
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Of 2,211 companies in sector 47711 we hold annual accounts for 889. 685 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2016
Fiscal year end30-06
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.