The computed 12-month bankruptcy probability of Modubuild Belgium is 1.8% (moderate). The 2025 annual accounts show equity of €63k. Equity is shrinking by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 94% of 7757 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.4%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
18 d early
2024
43 d early
2023
28 d early
2023
15 d late
2022
351 d late
2021
99 d late
2020
98 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€63k=
2024 · €63k
2020: €274k
2021: €169k
2022: €145k
2023: €120k
2023: €109k
2024: €63k
2020 → 2025
Total assets
€71k▼ 9.0%
2024 · €78k
2020: €2.42M
2021: €1.81M
2022: €1.08M
2023: €673k
2023: €139k
2024: €78k
2020 → 2025
Net result
€-46k▼ 309%
2023 · €-11k
2020: €224k
2021: €-105k
2022: €-25k
2023: €-25k
2023: €-11k
2020 → 2024
Working capital
€63k=
2024 · €63k
2020: €282k
2021: €177k
2022: €145k
2023: €120k
2023: €109k
2024: €63k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202320242025Trend
Equity€145k-€120k▼ 17.4%€109k▼ 9.3%€63k▼ 41.9%€63k=
Operating result€-25k-€-25k▼ 2.5%€-11k▲ 55.7%€-46k▼ 309%
Net result€-25k-€-25k▼ 2.5%€-11k▲ 55.7%€-46k▼ 309%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €71k
Equity
€63k=
Debt
€8k▼ 48.3%
The debt ratio falls from 18.7% to 10.6%. Debt is lower.
Key figures and ratios
Solvency
89.4%▲
2024 · 81.3%
Current ratio
9.42▲
2024 · 5.35
Quick ratio
9.42▲
2024 · 5.35
Debt / equity
0.12▼
2024 · 0.23
Debt
€8k▼
2024 · €15k
Debt ≤ 1 year
€8k▼
2024 · €15k
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€78k€71k▼
Current assets29/58€78k€71k▼
Amounts receivable within one year40/41€56k€49k▼
Other amounts receivable41€56k€49k▼
Cash at bank and in hand54/58€21k€22k▲
Equity and liabilities
Total equity and liabilities10/49€78k€71k▼
Equity10/15€63k€63k=
Contributions10/11€50k€50k=
Profit (loss) carried forward14€13k€13k=
Amounts payable17/49€15k€8k▼
Amounts payable within one year42/48€15k€8k▼
Trade debts44€15k€8k▼
Suppliers440/4€15k€8k▼
Income statement
Code20242025
Non-recurring operating income76A€12k-
Gross operating margin9900€-46k-
Operating profit (loss)9901€-46k-
Profit (loss) for the period before taxes9903€-46k-
Profit (loss) for the period9904€-46k-
Profit (loss) for the period to be appropriated9905€-46k-
Appropriation of the result
Profit (loss) to be appropriated9906€13k€13k=
Profit (loss) brought forward from the previous period14P€59k€13k▼
The notes to these accounts (1 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 4.55
Current ratio from 1.22 to 4.55; short-term debt falls from €554k to €31k.
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 15 days late
16-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 351 days late
2022
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 99 days late
2021
30-04
Financial
Weakest financial yearnet €-105k ▼147%
Net result drops to €-105k, the lowest in the series; recovery starts the following year.
08-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 98 days late
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, Machelen (Brab.) · 1 establishment unit since 2019
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.
Pegasuslaan 51831 Machelen (Brab.)Ground area
4,582 m²
Building footprint
1,166 m²
Volume, LiDAR
21,374 m³
Parcel 23015B0091/00S003, Flanders · tallest building 22.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Modubuild Belgium
since 20192.296.017.219
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0091/00S003 | Flanders | 4,582 m² | 1 · 1,166 m² | 22.4 m · 6 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.
Similar companies · same sector, comparable size
C.S ALLFORMA
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SVDN
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RENOV PRO PLUS
BE 0643.644.884
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JS PRO CONSTRUCT
BE 1002.232.803
Manage · Eq €63k
MO & Co
BE 0666.575.783
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Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 2,003 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2019
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.modubuild.net
E-mail:kbrennan@modubuild.net