MODULIMA
ActiveSummary
MODULIMA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,909 and a net result of €62,909. Its solvency ranks better than 70% of 39,121 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
€91,542total assets 2025
- Equity
- €67,909
- Profit
- €62,909
Turnover not published (micro format)
Structure
2025 accounts 1 day early
Why 97raises riskFounded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 3.75, cash €34,585Equity €67,909 (74.2% of total assets)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 70, micro)
Financial strength
Strong
Solvency
99
equity 74.2% of total assets
Liquidity
87
short-term debt 25.8% · cash 37.8%
Profitability
100
return on assets 68.7%
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).
Last 24 months
01-2026: 0.4%
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026highest value
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 3.75, above the usual 1.5; short-term debt: 25.8% and cash: 37.8% of total assets), and 25.8% of the assets are financed with debt and provisions.
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 70, micro): better than 71% on solvency, 80% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 23-10-2026 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).
Credit check for your own amount and term
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Signals
Five signals.
lowers riskraises riskneutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 day early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationFounder · Founding capital ·…
Financials · financial year 2025, micro format
Equity
€67,909
Total assets
€91,542
Net result
€62,909
Working capital
€64,947
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €91,542
Fixed assets
€2,962
Current assets
€88,580
Equity and liabilities €91,542
Equity
€67,909
Debt
€23,633
Debt finances 25.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€79,604
Cash flow
€63,153
Current ratio
3.75
Debt to equity
0.35
ROE
92.6%
ROA
68.7%
Interest coverage
over 100
Debt ≤ 1 year
€23,633
Income taxes
€16,000
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.6%
stopped otherwise
96.6%
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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €244 |
| Other operating charges640/8 | €431 |
| Gross operating margin9900 | €80,035 |
| Operating profit (loss)9901 | €79,360 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €452 |
| Recurring financial charges65 | €452 |
| Profit (loss) for the period before taxes9903 | €78,909 |
| Income taxes67/77 | €16,000 |
| Profit (loss) for the period9904 | €62,909 |
| Profit (loss) for the period to be appropriated9905 | €62,909 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €91,542 | |
| Fixed assets21/28 | €2,962 | |
| Tangible fixed assets22/27 | €2,962 | |
| Land and buildings22 | €2,962 | |
| Current assets29/58 | €88,580 | |
| Amounts receivable within one year40/41 | €53,405 | |
| Trade receivables40 | €52,326 | |
| Other amounts receivable41 | €1,079 | |
| Cash at bank and in hand54/58 | €34,585 | |
| Deferred charges and accrued income490/1 | €590 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €91,542 | |
| Equity10/15 | €67,909 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | €62,909 | |
| Amounts payable17/49 | €23,633 | |
| Amounts payable within one year42/48 | €23,633 | |
| Trade debts44 | €3,683 | |
| Suppliers440/4 | €3,683 | |
| Advances received on contracts in progress46 | €250 | |
| Taxes, remuneration and social security45 | €19,700 | |
| Taxes450/3 | €16,000 | |
| Remuneration and social security454/9 | €3,700 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €62,909 |
| + Depreciation and write-downs630 | €244 |
| Operating cash flow (approximation) | €63,153 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00356932 |
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Of the 82,449 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,936. 40,625 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 27-12-2024 ↗
- SALTERS Patrick Petrus Antonius 100 shares (100%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 27-12-2024 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
No sitting directors or connected companies in the Gazette act read.
History
Acts, filings and financial milestones
2026
30-07
NBB filing
Annual accounts filed
financial year 2025 · micro format
2024
27-12
Gazette deed
IncorporationFounder · Founding capital · Bank account8 facts ▸
Gazette deed
Incorporation
Founder · Founding capital · Bank account8 facts ▸
- Incorporation, “MODULIMA” (deed in Dutch)
- Founder, SALTERS Patrick Petrus Antonius
- Founding capital, €5,000
- Other provision, “toereikendheid aanvangsvermogen, voorgenomen bedrijvigheid” (deed in Dutch)
- Other provision, “heden, beschikking fondsen” (deed in Dutch)
- Bank account, 5000, “bijzondere rekening vennootschap in oprichting” (deed in Dutch)
- Other provision, “dossier notaris, bewaring bewijs deponering” (deed in Dutch)
- Other provision, 13-12-2024
Gazette deedNBB filing
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded23-12-2024
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47120Other non-specialised retail sale
63910Web portal activities
70100Activities of head offices
73110Advertising agencies
Contact
E-mail
patrick@m-i.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:1017872963
Also
9925:BE1017872963
Registered
03-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Merchtem · 1 establishment unit since 2025
Ground area
735 m²
Building footprint
183 m²
Building volume
944 m³
Parcel 23602H0664/00G011, Flanders · tallest building 6.8 m. Linked by address, not a title deed.
1 establishment unit
Kalkovenlaan 30, 1785 Merchtem
since 2025unit no. 2.368.915.687
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23602H0664/00G011 | Flanders | 735 m² | 1 · 183 m² | 6.8 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van…” (deed in Dutch)
17 activities (deed in Dutch)
- Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis. De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande. Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt. Ter uitvoering van haar opdrachten en voor het waarnemen van bestuursmandaten kan de vennootschap zich laten vertegenwoordigen door haar zaakvoerder of elke andere derde vertegenwoordiger,die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van vennootschap.
- De algemene dienstverlening in diverse sectoren.
- Het verzorgen van logistieke ondersteuning,marketingcommunicatie en merchandising.
- Het uitoefenen van alle activiteiten in verband met internet,waaronder in het bijzonder het ontwerpen,opstellen,creëren,uitbaten,commercialiseren van website en het verlenen van internetaansluitingen zowel aan ondernemingen als aan particulieren.
- Het uitoefenen van alle activiteiten en het verlenen van alle dienstverlening die verband houden met e-commerce,webshops en merchandising.
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt.
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaar,het uitoefenen van opdrachten en functies.
- Het uitvoeren van consultancyopdrachten,het verlenen van adviezen van financiële,technische,wetenschappelijke,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin(zoals onder meer hypotheekvestiging),alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen.
- Het uitvoeren van alle activiteiten die contacten en/of communicatie voorbereiden,tot stand brengen,bevorderen of optimaal laten verlopen,vooral als die in verschillende talen en/of tussen diverse personen of instanties plaats hebben.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
- Het verlenen van administratieve prestaties en computerservices.
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ’t kort tussenpersoon in de handel.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen. Beheer van eigen roerend en onroerend vermogen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
- Het aanbieden van managementdiensten,projectontwikkeling,consultancy en ondersteuning in de sectoren modulaire bouw,toerisme,vastgoed,wintersport en gerelateerde activiteiten,evenementen,coaching,verhuur,architectuur en innovatie.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MODULIMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan alleen kan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren vestigen in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, gelijk recht in winstverdeling en vereffeningsaldo” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last day of June at 09:00