Equity
€2.5m ▲ 2.9%
MODULART has made a profit without a break since 2018.
MODULART
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €1.9m (2019)
-not published
lowest -€133,702 (2017)
€130,312▲ 49.5%
peak €2.5m (2025)
€2.5m▲ 2.9%
€6.1m▲ 45.8%
peak 26.6 FTE (2014)
26.3 FTE▲ 9.1%
Board12 names since 2016
7 directors and 6 others
Owners3 names in the annual accounts
65%
Documentsfilings and deeds
30-06-202631 days before the deadline
2025financial year
Result from €87,140 to €130,312Staff from 24.1 FTE to 26.3 FTEDebts from €4.2m to €6.1mCash from €272,040 to €1.6m
Key points
from the 2025 annual accountsDebts
€6.1m ▲ 45.8%
Debts rose by €1.9m in 2025.
Investments
€588,011 2.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 74.1% higher than in 2024.
Staff
27 employees on 31-12-2025
In 2025, 6 people joined and 5 left. On top of that, 0.1 agency workers worked there on average.
Filings
21 annual accounts since 2005
Five of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
At the same address
15 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,681 companies had the same profile as MODULART has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
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.
| 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 4,681 companies, not a prediction for MODULART. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director
Director
Director,
Director
Director
Auditor,
- 65%score equity €1.0m (2025) · 30-09-2025 annual accounts of
Recent changes
Resignation: (director)
Reappointment: (statutory auditor) · General meeting of 04-06-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0870933801
4 directors reappointed
, , (managing director) and · Permanent representative: · Capital of €800,000, 800 shares · General meeting of 07-12-2023 · Gazette deed
4 directors reappointed, 1 statutory auditor reappointed
, (managing director), , and (statutory auditor) · Permanent representatives: and · General meeting of 15-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MODULART Tubize | €13.2m | 1.8% | 28.2% | 26.3 |
| ARCHITON Dessel | €11.3m | 4.1% | 28.5% | 44.7 |
| ALPRECO Willebroek | €9.9m | 2.5% | 44.2% | 25.2 |
| O BETON Roeselare | €12.7m | 11.4% | 73.1% | 29.8 |
| KERKSTOEL BETON Grobbendonk | €20.1m | -1.2% | 51.5% | 24.4 |
| PRETON Heusden-Zolder | €17.4m | -6.5% | -5.2% | 66.8 |
| DOU-BETON FLOORING SYSTEMS Kruisem | €13.0m | 18.9% | 66.8% | 23.2 |
Grey: the largest companies of the sector (non-metallic mineral products (NACE 23)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MODULART: manufacture of other non-metallic mineral products (NACE 23610). They are comparable in size and age: total assets between €6.9m and €11m, founded between 1988 and 2011.
Official details
Source: KBO- Status
- Active since 31-12-2004Normal situation
- Registered office
- 16 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Manufacture of other non-metallic mineral productsNACE 23610
- Joint committees
- 106.02Concrete industry
- 124Construction · annual accounts 2025
- Establishment unit
- 2.144.453.4321480 Tubize, since 03-01-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Annual accounts 2025
- €8.9m▲ 28.7%
- Employeeson 31-12-2025
- 27▲ 3.8%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on MODULART
MODULART has existed since 2004. In 2007 the gross margin rose from €488,994 to €1.1m and staff from 9.6 to 13 full-time equivalents.
Solvency fell in 2025 from 35.3% to 28.2% because of higher debts to suppliers.
holds 65% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MODULART
- What is the company number of MODULART?
- The company number of MODULART is 0870.933.801. The VAT number is the same number with BE in front: BE 0870.933.801.
- Where is MODULART based?
- The registered office is at Rue de la Déportation 218, 1480 Tubize.Company details
- What does MODULART do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23610).
- What is the legal form of MODULART?
- MODULART is a public limited company (NV).
- When was MODULART founded?
- MODULART was founded on 31-12-2004.
- Is MODULART still active?
- Yes, MODULART is an active enterprise in the KBO register.
- How many employees does MODULART have?
- MODULART had an average of 26.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MODULART fall under?
- In its 2025 annual accounts, MODULART states joint committees 106.02 (Concrete industry) and 124 (Construction).
- What is the turnover of MODULART?
- The turnover of MODULART was €13.2m in financial year 2025, according to the filed annual accounts.
- Is MODULART profitable?
- In financial year 2025, MODULART made a profit of €130,312.
- Where can I find the annual accounts of MODULART?
- MODULART filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MODULART due?
- MODULART must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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