Skip to content

MODULO CONCEPT

Active
Private limited company (pre-2019)founded 1999active for 27 yearsMontgolfierlaan 12, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0465.572.482
Summary

The computed 12-month bankruptcy probability of MODULO CONCEPT is 6.9% (elevated). For MODULO CONCEPT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €10,122 and a net result of -€1,497. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 28% of 15,476 sector peers (NACE 46, financial year 2024). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 January 2026 Financial year closed on 30 June 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 19 October 2026.

Equity
€10,122▼ 12.9%
2023 · €11,618
Total assets
€94,581▲ 10.8%
2023 · €85,363
Net result
-€1,497▲ 77.7%
2023 · -€6,721
Working capital
€10,087▼ 12.9%
2023 · €11,583
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

The operating result returns to profit in 2024: €4,134 after a loss of €1,138 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€4,134 2024 Net result-€1,497 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Operating result€6,821-€3,658▼ 46.4%€4,915▲ 34.4%€7,696▲ 56.6%-€1,138€4,134
Net result€529--€1,661within the sector's middle half-€716within the sector's middle half▲ 56.9%€2,254within the sector's middle half-€6,721below the sector's middle half-€1,497within the sector's middle half▲ 77.7%
Equity€18,462-€16,801within the sector's middle half▼ 9.0%€16,085within the sector's middle half▼ 4.3%€18,339within the sector's middle half▲ 14.0%€11,618within the sector's middle half▼ 36.6%€10,122within the sector's middle half▼ 12.9%
Total assets€89,147-€86,201within the sector's middle half▼ 3.3%€85,797within the sector's middle half▼ 0.5%€85,197within the sector's middle half▼ 0.7%€85,363within the sector's middle half▲ 0.2%€94,581within the sector's middle half▲ 10.8%
Debt€70,685-€69,399▼ 1.8%€69,712▲ 0.5%€66,858▼ 4.1%€73,744▲ 10.3%€84,459▲ 14.5%
Working capital€18,427-€16,766within the sector's middle half▼ 9.0%€16,050within the sector's middle half▼ 4.3%€18,304within the sector's middle half▲ 14.0%€11,583within the sector's middle half▼ 36.7%€10,087within the sector's middle half▼ 12.9%
Solvency20.7%-19.5%within the sector's middle half▼ 1.2pp18.7%within the sector's middle half▼ 0.7pp21.5%within the sector's middle half▲ 2.8pp13.6%within the sector's middle half▼ 7.9pp10.7%within the sector's middle half▼ 2.9pp
Current ratio1.26-1.24within the sector's middle half▼ 0.021.23within the sector's middle half▼ 0.011.27within the sector's middle half▲ 0.041.16within the sector's middle half▼ 0.121.12within the sector's middle half▼ 0.04
Return on assets (ROA)0.6%--1.9%within the sector's middle half▼ 2.5pp-0.8%within the sector's middle half▲ 1.1pp2.6%within the sector's middle half▲ 3.5pp-7.9%below the sector's middle half▼ 10.5pp-1.6%within the sector's middle half▲ 6.3pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €94,581
Fixed assets €35 =
Current assets €94,546 ▲ 10.8%
Equity and liabilities €94,581
Equity €10,122 ▼ 12.9%
Debt €84,459 ▲ 14.5%
Debt's share of the balance-sheet total rises from 86.4% to 89.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
8.34▲
2023 · 6.35
ROE
-14.8%▲
2023 · -57.8%
Debt ≤ 1 year
€84,459▲
2023 · €73,744
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€85,363€94,581▲
Fixed assets21/28€35€35=
Tangible fixed assets22/27-€0
Furniture and vehicles24-€0
Financial fixed assets28€35€35=
Current assets29/58€85,328€94,546▲
Amounts receivable within one year40/41€85,328€94,546▲
Trade receivables40€84,489€93,718▲
Other amounts receivable41€838€828▼
Equity and liabilities
Total equity and liabilities10/49€85,363€94,581▲
Equity10/15€11,618€10,122▼
Contributions10/11€18,592€18,592=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€8,833-€10,330▼
Amounts payable17/49€73,744€84,459▲
Amounts payable within one year42/48€73,744€84,459▲
Financial debts43€49,433€47,634▼
Credit institutions430/8€49,433€47,634▼
Trade debts44€3,866€1,934▼
Suppliers440/4€3,866€1,934▼
Taxes, remuneration and social security45€242€242=
Taxes450/3€242€242=
Other amounts payable47/48€20,203€34,649▲
Income statement Code20232024
Gross operating margin9900-€1,138€4,134▲
Operating profit (loss)9901-€1,138€4,134▲
Financial charges65/66B€5,583€5,631▲
Recurring financial charges65€5,583€5,631▲
Profit (loss) for the period before taxes9903-€6,721-€1,497▲
Profit (loss) for the period9904-€6,721-€1,497▲
Profit (loss) for the period to be appropriated9905-€6,721-€1,497▲
Appropriation of the result
Profit (loss) to be appropriated9906-€8,833-€10,330▼
Profit (loss) brought forward from the previous period14P-€2,112-€8,833▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021202220232024Change
Gross operating margin9900€6,821€3,758€5,140€7,696-€1,138€4,134-
Operating profit (loss)9901€6,821€3,658€4,915€7,696-€1,138€4,134-
Financial charges65/66B---€5,442€5,583€5,631▲ 0.9%
Recurring financial charges65€6,292€5,319€5,631€5,442€5,583€5,631▲ 0.9%
Profit (loss) for the period before taxes9903€529-€1,661-€716€2,254-€6,721-€1,497▲ 77.7%
Profit (loss) for the period9904€529-€1,661-€716€2,254-€6,721-€1,497▲ 77.7%
Profit (loss) for the period to be appropriated9905€529-€1,661-€716€2,254-€6,721-€1,497▲ 77.7%
Line201920202021202220232024Change
Assets
Total assets20/58€89,147€86,201€85,797€85,197€85,363€94,581▲ 10.8%
Fixed assets21/28€35€35€35€35€35€35=
Tangible fixed assets22/27-----€0-
Furniture and vehicles24-----€0-
Financial fixed assets28€35€35€35€35€35€35=
Current assets29/58€89,112€86,166€85,762€85,162€85,328€94,546▲ 10.8%
Amounts receivable within one year40/41€89,112€86,166€85,762€85,162€85,328€94,546▲ 10.8%
Trade receivables40---€84,489€84,489€93,718▲ 10.9%
Other amounts receivable41---€672€838€828▼ 1.3%
Equity and liabilities
Total equity and liabilities10/49€89,147€86,201€85,797€85,197€85,363€94,581▲ 10.8%
Equity10/15€18,462€16,801€16,085€18,339€11,618€10,122▼ 12.9%
Contributions10/11€18,592--€18,592€18,592€18,592=
Reserves13€1,859€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1---€1,859€1,859€1,859=
Reserves not available under the articles1311---€1,859€1,859€1,859=
Profit (loss) carried forward14-€1,989-€3,650-€4,366-€2,112-€8,833-€10,330▼ 16.9%
Amounts payable17/49€70,685€69,399€69,712€66,858€73,744€84,459▲ 14.5%
Amounts payable within one year42/48€70,685€69,399€69,712€66,858€73,744€84,459▲ 14.5%
Financial debts43---€44,469€49,433€47,634▼ 3.6%
Credit institutions430/8---€44,469€49,433€47,634▼ 3.6%
Trade debts44€5,641€4,755€3,464€4,269€3,866€1,934▼ 50.0%
Suppliers440/4---€4,269€3,866€1,934▼ 50.0%
Taxes, remuneration and social security45---€242€242€242=
Taxes450/3---€242€242€242=
Other amounts payable47/48---€17,878€20,203€34,649▲ 71.5%
Line201920202021202220232024Change
Profit (loss) for the period9904€529-€1,661-€716€2,254-€6,721-€1,497▲ 77.7%
Operating cash flow (approximation)€529-€1,661-€716€2,254-€6,721-€1,497▲ 77.7%
Investment in fixed assets (approximation)-€0€0€0€0€0-

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

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference
30-06-2024 micro format 17-03-2025 2025-00048712
30-06-2023 micro format 05-02-2024 2024-00024972
30-06-2022 micro format 31-01-2023 2023-00017964
30-06-2021 micro format 01-02-2022 2022-04200173
30-06-2020 micro format 05-03-2021 2021-07100011
30-06-2019 micro format 12-02-2020 2020-04900404
30-06-2018 micro format 18-02-2019 2019-05200471
30-06-2017 micro format 15-02-2018 2018-05000148
30-06-2016 full format 31-01-2017 2017-03300312
30-06-2014 full format 27-01-2015 2015-02600262

Show all 21 filings

Similar companies · same sector, comparable size

Of the 4,316 active companies whose main activity is agents specialised in the wholesale of other particular products (NACE 46180), figures are known for 1,885. 909 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.