Skip to content

MODULIVING

Active
Public limited companyfounded 20232 yrs activeRue Fraischamps 104, 4030 Liège, BelgiumKBO/BCE: BE 1004.051.750
Summary

The computed 12-month bankruptcy probability of MODULIVING is 4.9% (elevated). The 2024 annual accounts show equity of €50,730 and a net result of -€10,770. Its solvency ranks better than 64% of 18934 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability13
Solvency70
Growth-
Track record67
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.83; short-term debt: 54.7% and cash: 1.7% of total assets), but 54.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
45.3%
Return on assets
-9.6%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MODULIVING was incorporated on 29 December 2023 as a Public limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€50,730
Total assets
€112,075
Net result
-€10,770
Working capital
€50,730

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €112,075
Equity €50,730
Debt €61,345
Debt finances 54.7% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.83
Quick ratio
0.07
Debt to equity
1.21
ROE
-21.2%
ROA
-9.6%
Debt ≤ 1 year
€61,345

Peer companies

Historical observation

Of the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
92% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.9%
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 2,146 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 · 2024 · 26 lines
Balance sheet Code2024
Assets
Total assets20/58€112,075
Current assets29/58€112,075
Stocks and contracts in progress3€107,617
Stocks30/36€107,617
Amounts receivable within one year40/41€2,574
Other amounts receivable41€2,574
Cash at bank and in hand54/58€1,884
Equity and liabilities
Total equity and liabilities10/49€112,075
Equity10/15€50,730
Contributions10/11€61,500
Capital10€61,500
Issued capital100€61,500
Profit (loss) carried forward14-€10,770
Amounts payable17/49€61,345
Amounts payable within one year42/48€61,345
Trade debts44€8,332
Suppliers440/4€8,332
Other amounts payable47/48€53,013
Income statement Code2024
Gross operating margin9900-€10,635
Operating profit (loss)9901-€10,635
Financial charges65/66B€135
Recurring financial charges65€135
Profit (loss) for the period before taxes9903-€10,770
Profit (loss) for the period9904-€10,770
Profit (loss) for the period to be appropriated9905-€10,770
Appropriation of the result
Profit (loss) to be appropriated9906-€10,770
Line2024
Gross operating margin9900-€10,635
Operating profit (loss)9901-€10,635
Financial charges65/66B€135
Recurring financial charges65€135
Profit (loss) for the period before taxes9903-€10,770
Profit (loss) for the period9904-€10,770
Profit (loss) for the period to be appropriated9905-€10,770
Line2024
Assets
Total assets20/58€112,075
Current assets29/58€112,075
Stocks and contracts in progress3€107,617
Stocks30/36€107,617
Amounts receivable within one year40/41€2,574
Other amounts receivable41€2,574
Cash at bank and in hand54/58€1,884
Equity and liabilities
Total equity and liabilities10/49€112,075
Equity10/15€50,730
Contributions10/11€61,500
Capital10€61,500
Issued capital100€61,500
Profit (loss) carried forward14-€10,770
Amounts payable17/49€61,345
Amounts payable within one year42/48€61,345
Trade debts44€8,332
Suppliers440/4€8,332
Other amounts payable47/48€53,013
Line2024
Profit (loss) for the period9904-€10,770
Operating cash flow (approximation)-€10,770

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Liège · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
92 m²
Building footprint
77 m²
Volume, LiDAR
491 m³
Parcel 62302C0516/00S004, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MODULIVING
Rue Fraischamps 104, 4030 LiègeNACE 45194
since 20232.368.830.763
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62302C0516/00S004 Wallonia 92 m² 1 · 77 m² 8.5 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.

Similar companies · same sector, comparable size

Of 7,499 companies in sector 56210 we hold annual accounts for 2,451. 2,045 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded29-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
46713Wholesale trade
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004051750
Also 9925:BE1004051750
Registered 14-12-2025

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

Register as of 28 September 2026 · Peppol Directory

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