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MODO PROJECTS

Active
Private limited companyfounded 20232 years activeDiesterstraat (C) 34, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 1001.654.167
Summary

MODO PROJECTS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €429,570 and a net result of €62,337. Equity is growing by ~49.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 2,499 sector peers (NACE 71, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activities of interior architects
NACE 71112
1 site
Size
€579,670total assets 2025
Equity
€429,570
Profit
€62,337
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
JaVe Consult · 100%
Accounts 22 days early0 of 4 deeds read
Why 94- 1 change of registered office in 24 months+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)+ Liquidity: current ratio 1.38, cash €176,252+ Size: total assets €579,670Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 71, micro)
Financial strength · tick = 2024
Strong
Solvency 99-1
equity 74.1% of total assets
Liquidity 78+19
short-term debt 25.9% · cash 30.4%
Profitability 82+2
return on assets 10.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,792 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.5 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €40,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.38 against 3.03 in 2024; short-term debt: 25.9% and cash: 30.4% of total assets), and 25.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 73% on solvency, 67% on liquidity, 52% on profitability and 27% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Liquidity: current ratio 1.38, cash €176,252
NBB · annual accounts
lowers risk · Size: total assets €579,670
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Young company
Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
22 days early
2024
28 days late
2023
7 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 8 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2023net €62,337 ▲36.6%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Financials · fiscal year 2025, abbreviated schema

Equity
€429,570▼ 10.0%
2024 · €477,232
Total assets
€579,670▲ 11.9%
2024 · €517,918
Net result
€62,337▲ 36.6%
2024 · €45,640
Working capital
€56,294▼ 32.0%
2024 · €82,746
Trend over the years

2023 to 2025, 3 fiscal years

The operating result has risen two years in a row; 2025 is 35% above 2024 and is the highest result in the available series.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€82,222 2025 Net result€62,337 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€2,756-€60,711▲ 2,103%€82,222▲ 35.4%
Net result€2,060within the sector's middle half-€45,640within the sector's middle half▲ 2,116%€62,337within the sector's middle half▲ 36.6%
Equity€4,560below the sector's middle half-€477,232within the sector's middle half▲ 10,367%€429,570within the sector's middle half▼ 10.0%
Total assets€6,179below the sector's middle half-€517,918within the sector's middle half▲ 8,282%€579,670within the sector's middle half▲ 11.9%
Debt€1,619-€40,685▲ 2,413%€150,100▲ 269%
Working capital€4,560below the sector's middle half-€82,746within the sector's middle half▲ 1,715%€56,294within the sector's middle half▼ 32.0%
Solvency73.8%above the sector's middle half-92.1%above the sector's middle half▲ 18.3pp74.1%above the sector's middle half▼ 18.0pp
Current ratio3.82above the sector's middle half-3.03within the sector's middle half▼ 0.781.38within the sector's middle half▼ 1.66
Return on assets (ROA)33.3%above the sector's middle half-8.8%within the sector's middle half▼ 24.5pp10.8%within the sector's middle half▲ 1.9pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €579,670
Fixed assets €373,275 ▼ 5.4%
Current assets €206,394 ▲ 67.2%
Equity and liabilities €579,670
Equity €429,570 ▼ 10.0%
Debt €150,100 ▲ 269%
Debt's share of the balance-sheet total rises from 7.9% to 25.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€103,433▲
2024 · €93,257
Cash flow
€83,549▲
2024 · €78,186
Debt to equity
0.35▲
2024 · 0.09
ROE
14.5%▲
2024 · 9.6%
Interest coverage
495.13▼
2024 · 2352.60
Debt ≤ 1 year
€150,100▲
2024 · €40,685
Income taxes
€21,033▲
2024 · €15,213
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,127 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,127 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€517,918€579,670▲
Fixed assets21/28€394,487€373,275▼
Tangible fixed assets22/27€394,487€373,275▼
Land and buildings22€381,084€361,723▼
Plant, machinery and equipment23€13,403€11,553▼
Current assets29/58€123,431€206,394▲
Amounts receivable within one year40/41€85,813€30,039▼
Trade receivables40€85,726€29,975▼
Other amounts receivable41€87€64▼
Cash at bank and in hand54/58€37,569€176,252▲
Deferred charges and accrued income490/1€49€104▲
Equity and liabilities
Total equity and liabilities10/49€517,918€579,670▲
Equity10/15€477,232€429,570▼
Contributions10/11€429,533€429,533=
Reserves13€47,699€37▼
Distributable reserves133€47,699€37▼
Profit (loss) carried forward14-€0
Amounts payable17/49€40,685€150,100▲
Amounts payable within one year42/48€40,685€150,100▲
Trade debts44€24,840€3,369▼
Suppliers440/4€24,840€3,369▼
Taxes, remuneration and social security45€15,845€36,731▲
Taxes450/3€15,845€36,731▲
Other amounts payable47/48-€110,000
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,546€21,211▼
Other operating charges640/8€62€5,141▲
Gross operating margin9900€93,319€108,574▲
Operating profit (loss)9901€60,711€82,222▲
Financial income75/76B€182€1,358▲
Recurring financial income75€182€1,358▲
Financial charges65/66B€40€209▲
Recurring financial charges65€40€209▲
Profit (loss) for the period before taxes9903€60,853€83,371▲
Income taxes67/77€15,213€21,033▲
Profit (loss) for the period9904€45,640€62,337▲
Profit (loss) for the period to be appropriated9905€45,640€62,337▲
Appropriation of the result
Profit (loss) to be appropriated9906€45,640€62,337▲
Transfer from equity791/2-€47,663
Transfer to equity691/2€45,640€0▼
To other reserves6921€45,640€0▼
Profit to be distributed694/7-€110,000
Return on contributions (dividend)694-€110,000
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€32,546€21,211▼ 34.8%
Other operating charges640/8-€62€5,141▲ 8,192%
Gross operating margin9900€2,756€93,319€108,574▲ 16.3%
Operating profit (loss)9901€2,756€60,711€82,222▲ 35.4%
Financial income75/76B-€182€1,358▲ 646%
Recurring financial income75-€182€1,358▲ 646%
Financial charges65/66B€10€40€209▲ 427%
Recurring financial charges65€10€40€209▲ 427%
Profit (loss) for the period before taxes9903€2,746€60,853€83,371▲ 37.0%
Income taxes67/77€687€15,213€21,033▲ 38.3%
Profit (loss) for the period9904€2,060€45,640€62,337▲ 36.6%
Profit (loss) for the period to be appropriated9905€2,060€45,640€62,337▲ 36.6%
Line202320242025Change
Assets
Total assets20/58€6,179€517,918€579,670▲ 11.9%
Fixed assets21/28-€394,487€373,275▼ 5.4%
Tangible fixed assets22/27-€394,487€373,275▼ 5.4%
Land and buildings22-€381,084€361,723▼ 5.1%
Plant, machinery and equipment23-€13,403€11,553▼ 13.8%
Current assets29/58€6,179€123,431€206,394▲ 67.2%
Amounts receivable within one year40/41€2,500€85,813€30,039▼ 65.0%
Trade receivables40€2,500€85,726€29,975▼ 65.0%
Other amounts receivable41-€87€64▼ 26.4%
Cash at bank and in hand54/58€3,679€37,569€176,252▲ 369%
Deferred charges and accrued income490/1-€49€104▲ 111%
Equity and liabilities
Total equity and liabilities10/49€6,179€517,918€579,670▲ 11.9%
Equity10/15€4,560€477,232€429,570▼ 10.0%
Contributions10/11€2,500€429,533€429,533=
Reserves13€2,060€47,699€37▼ 99.9%
Distributable reserves133€2,060€47,699€37▼ 99.9%
Profit (loss) carried forward14--€0-
Amounts payable17/49€1,619€40,685€150,100▲ 269%
Amounts payable within one year42/48€1,619€40,685€150,100▲ 269%
Trade debts44€700€24,840€3,369▼ 86.4%
Suppliers440/4€700€24,840€3,369▼ 86.4%
Taxes, remuneration and social security45€919€15,845€36,731▲ 132%
Taxes450/3€919€15,845€36,731▲ 132%
Other amounts payable47/48--€110,000-
Line202320242025Change
Profit (loss) for the period9904€2,060€45,640€62,337▲ 36.6%
+ Depreciation and write-downs630-€32,546€21,211▼ 34.8%
Operating cash flow (approximation)€2,060€78,186€83,549▲ 6.9%
Investment in fixed assets (approximation)--€0-
Change in cash-€33,890€138,683▲ 309%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of 3,922 companies in this sector we hold annual accounts for 1,317. 761 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

1 owner

Chain of control

  1. JaVe Consult 100%
  2. MODO PROJECTS

Highest known parent: JaVe Consult. The sources do not say who stands above it.

Owners 1

According to the annual accounts of the companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Group and network

Connections & network

No directors read yet: 0 of 4 Gazette acts processed.

History

MODO PROJECTS was incorporated on 26 October 2023 as a Private limited company.1 Total assets rose from €6,179 in 2023 to €579,670 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2023net €62,337 ▲36.6%
Operating result €82,222, net result €62,337, both a record.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial Equity above €200,000Eq €477,232 ▲10,367%
2 profitable years in a row build equity to €477,232.
07-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded26-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71112Activities of interior architects
47551Retail sale of household furniture
47559Retail sale of other household articles
71111Activities of building architects
82990Other business support services
Contact
E-mail info@javeconsult.net
Phone 0475602894
Phone +32475602894Tessenderlo-Ham
E-invoicing
Reachable via Peppol
Peppol ID 0208:1001654167
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 8 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Tessenderlo-Ham · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,065 m²
Building footprint
449 m²
Volume, LiDAR
3,679 m³
Parcel 71057A0827/00L000, Flanders · tallest building 16.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Modo Projects
Diesterstraat (C) 34, 3980 Tessenderlo-HamRenting and operating of own or leased non-residential real estate, excluding land
since 2023unit no. 2.351.213.583
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71057A0827/00L000 Flanders 1,065 m² 1 · 449 m² 16.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.