Debts
€432,645 93% of the balance sheet
Suppliers 1%Taxes and wages 2%Other 97%
MODOCAR
Overview
Lifetime
1 annual account with figurespeak €45,045 (2025)
€45,045
lowest -€17,108 (2025)
-€17,108
peak €32,892 (2025)
€32,892
€432,645
Board1 name since 2024
1 directorCROCHET Quentin
Documentsfilings and deeds
29-09-202660 days late
2025micro format
Loss of €17,108First year with figures
Key points
from the 2025 annual accountsAt the same address
313 companies
Position in the sector
-€17,108
Lower net result than 87% of companies in retail trade. Sector median €5,048 · 22,907 companies.
2025 accounts filed 60 days after the deadline
Checked score
52
Fair
Financially stronger than 18% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.8%lowest value
02-2026: 1.9%▲ +0.1 percentage points vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 2.3%▲ +0.4 percentage points vs 03-2026
05-2026: 2.3%● unchanged vs 04-2026
06-2026: 2.6%▲ +0.3 percentage points vs 05-2026
07-2026: 2.9%▲ +0.3 percentage points vs 06-2026highest value
08-2026: 2.9%● unchanged vs 07-2026highest value
09-2026: 2.8%▼ -0.1 percentage points vs 08-2026
10-2026: 2.0%▼ -0.8 percentage points vs 09-2026
11-2026: 2.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Last filed accounts filed 60 days late; 1 of the last 3 accounts late
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €465,537
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 47, micro). It does better than 24% of them on solvency, 12% on liquidity and 19% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 280 companies had the same profile as MODOCAR has now. Each dot is one company, two years later.
95.7%
were still trading
3.2%
stopped another way
1.1%
went bankrupt
The bankruptcy probability of MODOCAR itself is higher: 2.0% within 12 months. It rests on far more data about MODOCAR than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 280 companies, not a prediction for MODOCAR. 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 of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.95, below 1. Short-term debt is 92.9% and cash 8.9% of total assets. 92.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
60 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017397267
Incorporation
Founding capital of €50,000, 10,000 shares · Founder: CROCHET Quentin · Appointment: CROCHET Quentin (director) · published on 17-12-2024 · Gazette deed
First establishment
Rue Mitoyenne 353, Welkenraedt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MODOCAR Overijse | €465,537 | €45,045 | 7.1% | - |
| CLE EN MAIN Dilbeek | €379,452 | €44,784 | 4.9% | - |
| MC Cars Lommel | €532,800 | €55,525 | 9.1% | - |
| GF CAPITAL Asse | €511,123 | €28,141 | 2.8% | - |
| MVB Motors Londerzeel | €497,681 | €47,107 | 28.2% | - |
| JRG CARS Waregem | €558,520 | €53,807 | 46.8% | - |
| JNS Automotive Nazareth-De Pinte | €482,518 | €49,201 | -5.6% | - |
These companies have the same main activity as MODOCAR: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €379,000 and €559,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 14-12-2024Normal situation
- Registered office
- 314 active companies are registered at this address35 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 4 others
- Establishment unit
- 2.367.549.0764840 Welkenraedt, since 14-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 07-01-2026
Annual accounts 2025
- €45,045
- ≈ €310,000estimated
- €17,108
- €32,892
- €465,537
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 29-09-2026
Insights on MODOCAR
The computed 12-month bankruptcy probability of MODOCAR is 2.0% (moderate). The 2025 annual accounts show equity of €32,892 and a net result of -€17,108.
Its solvency ranks better than 27% of 22,924 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-09-2026, 60 days late€45,045
-€16,686
-€17,108
-€22,596
7.1%
0.95
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €150,000 and €1.0m.
Balance sheet
balance sheet total €465,537 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
7.1%
Higher than 27% of 22,924 companies in 2025.
0.95
Higher than 29% of 22,052 companies in 2025.
-3.7%
Higher than 25% of 22,202 companies in 2025.
MODOCAR
Middle half of the sector
80% of the sector
Micro accounts in retail trade (NACE 47)
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€28,979
Staff costs divided by the average number of full-time equivalents.
+3 people
people who joined
people who left
In 2025, 6 people joined and 3 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
465,537 | |
21/28 |
55,488 | |
21 |
20,667 | |
22/27 |
15,221 | |
23 |
1,890 | |
24 |
7,208 | |
26 |
6,123 | |
28 |
19,600 | |
29/58 |
410,050 | |
3 |
305,744 | |
30/36 |
305,744 | |
40/41 |
59,103 | |
40 |
24,948 | |
41 |
34,155 | |
54/58 |
41,581 | |
490/1 |
3,622 | |
| Balance sheet: equity and liabilities | ||
10/49 |
465,537 | |
10/15 |
32,892 | |
10/11 |
50,000 | |
14 |
-17,108 | |
17/49 |
432,645 | |
42/48 |
432,645 | |
44 |
5,573 | |
440/4 |
5,573 | |
45 |
7,226 | |
450/3 |
66 | |
454/9 |
7,160 | |
47/48 |
419,847 | |
| Income statement | ||
9900 |
45,045 | |
62 |
55,060 | |
630 |
5,453 | |
640/8 |
1,218 | |
9901 |
-16,686 | |
75/76B |
143 | |
75 |
143 | |
65/66B |
565 | |
65 |
565 | |
9903 |
-17,108 | |
9904 |
-17,108 | |
9905 |
-17,108 | |
| Appropriation of the result | ||
9906 |
-17,108 | |
| Social balance sheet | ||
9087 |
1.9 | |
Hours worked1013 |
3,437 | |
| Document | ||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 60 days after the deadline. Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00529329.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-09-2026 | 2026-00529329 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -11,233 | ||
| -11,655 | ||
| 60,941 | ||
| -22,596 | ||
| 7.1% | ||
| 0.95 | ||
| 0.24 | ||
| 13.15 | ||
| -52.0% | ||
| -3.7% | ||
| -19.87 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 2 |
| part-time | 1 |
| in full-time equivalents | 2.5 |
| 1.9 | |
| On a permanent contract | 2 |
| Joined | 6 |
| Left | 3 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €17,341 |
| Intangible fixed assets | €24,000 |
| Financial fixed assets | €19,600 |
| €5,453 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on MODOCAR
Debt's share of the balance-sheet total is 92.9%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 17-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 29-09-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”deed of 17-12-2024
Mandates through the years
1 name, the dashed line is todayCROCHET Quentin
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- CROCHET Quentin
- Director (not named in the articles), appointed by deed of 17-12-2024, still in office
Control
Capital
- Contribution
- €50,000
- Shares
- 10,000
- Contribution per share
- €5
- Equity per share
- €3.29 in 2025
- Source
- deed of 17-12-2024
Articles of association
deed of 17-12-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering die bestuurder(s) benoemt bepaalt aantal duur opdracht en indien meerdere bestuurders hun bevoegdheid, met of zonder…”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Alle procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meer…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Indien geen andere vereffenaar benoemd, aanduiden vereffenaars,omlijnen bevoegdheden,bepalen vergoeding”
Shareholders
At incorporation
deed of 17-12-2024 ↗
- CROCHET Quentin 10,000 shares (100%) · €50,000
Network & group
No group
MODOCAR has no parent and no holdings in its annual accounts. CROCHET Quentin is the only director. MODOCAR shares no director with another company.
At the same address
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| DECO-PRO
registered office since 01-06-2025 · founded in 2014 · accounts filed late |
turnover €635,920 (2024) 0567.823.350 |
| MANDO
registered office since 29-07-2022 · founded in 2022 |
total assets €634,884 (2025) 0789.239.510 |
| HVAC Performance
registered office since 25-10-2022 · founded in 2022 |
total assets €623,019 (2025) 0792.862.063 |
| CORDEIRO CONSTRUCT
registered office since 02-06-2020 · founded in 2020 |
total assets €620,151 (2024) 0747.794.279 |
| Beprosoft Venture
establishment since 01-06-2022 · founded in 2017 · accounts filed late |
total assets €608,433 (2024) 0675.566.990 |
| MAT HOME CONSTRUCT
registered office since 09-11-2022 · founded in 2022 |
total assets €558,765 (2025) 0793.454.951 |
| SANDEF
registered office since 23-08-2022 · founded in 2022 |
turnover €362,314 (2025) 0789.882.975 |
| BE MOBILITY
registered office since 12-07-2023 · founded in 2023 |
total assets €459,036 (2025) 0803.873.543 |
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 60 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017397267
2024
IncorporationFounding capital of €50,000, 10,000 shares · Founder: CROCHET Quentin · Appointment: CROCHET Quentin (director) · published on 17-12-20247 points ▸
- Founder, CROCHET Quentin
- Founding capital, €50,000, 10,000 shares
- CROCHET Quentin holds 10,000 shares
- 10,000 shares
- Registered office clause, Brusselsesteenweg 292 in 3090 Overijse
- Board rule, 1
- Director appointment, CROCHET Quentin (director (not named in the articles))
- The deed holds 5 more points.
First establishment Rue Mitoyenne 353, Welkenraedt
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1017.397.267
- VAT number
- BE 1017.397.267
- Peppol ID
- 0208:1017397267
- Other Peppol ID
- 9925:BE1017397267
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 14-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 19:00deed of 17-12-2024 (in Dutch)
- Peppol
- Reachable since 07-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MODOCAR in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 17-12-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 17-12-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
47811
Retail sale of cars and light vans (up to 3.5 tonnes) main activity
Social security (RSZ) activities
47811
Retail sale of cars and light vans (up to 3.5 tonnes) main activity
Codes under NACEBEL 2008
45113
main activity
45209
45320
47300
Retail trade
70220
Business consulting
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Detailhandel in auto's en andere lichte motorvoertuigen (= 3,5 ton); Reparatie van mechanische onderdelen; Elektrische reparaties…”deed of 17-12-2024 (in Dutch)
15 activities
- Detailhandel in auto's en andere lichte motorvoertuigen (= 3,5 ton)
- Reparatie van mechanische onderdelen
- Elektrische reparaties
- Carrosseriereparaties (inclusief verven en spuiten)
- Motorrevisie van motorvoertuigen
- Routineonderhoud van motorvoertuigen: wassen,roestvrij maken,olie verversen,repareren,monteren of vervangen van banden en binnenbanden,repareren van ruiten,enz.
- Motorvoertuigen: wassen,roestvrij maken,olie verversen,reparatie,montage of vervanging van banden en binnenbanden,reparatie van voorruiten en ruiten enzovoort
- Montage van onderdelen en accessoires,inclusief ombouwwerkzaamheden
- Slepen en hulp langs de weg
- Handel in nieuwe of gebruikte aanhangwagens en opleggers
- Handel in nieuwe of gebruikte kampeerauto's,zoals caravans,campers enzovoort
- Detailhandel in nieuwe of gebruikte kampeerauto's,zoals caravans,campers enzovoort
- Detailhandel in nieuwe en gebruikte motorvoertuigen voor personenvervoer,met inbegrip van speciale motorvoertuigen (bv. ambulances)
- Detailhandel in vrachtwagens,trekkers,motorvoertuigen voor gebruik buitenshuis (bv. jeeps),enzovoort,nieuw of gebruikt
- Tussenpersonen in de handel in bijzondere motorvoertuigen (bv. ambulances),nieuw of gebruikt
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Brusselsesteenweg 292 registered office 3090 Overijse | ||
| Rue Mitoyenne 353 4840 Welkenraedt | 14-12-2024 | 2.367.549.076 |
Buildings and parcels at the addresses
- Ground area
- 5,444 m²
- Buildings
- 1,072 m²
- Volume, LiDAR
- 5,249 m³
- Tallest building
- 6.6 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63084A0021/00H000 | Wallonia | 3,510 m² | 1 · 874 m² | 5.5 m · 2 |
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 |