MODULO - MANAGEMENT
ActiveMODULO - MANAGEMENT has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €267 and a net result of €305. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 681 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+58
Solvency32▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Age of the figures
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 681 sector peers (2025).
NBB · sector comparisonPosition among 681 sector peers
Solvency
better than 13%
← weakest
strongest →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
2 d early
2023
30 d late
2022
17 d late
2021
30 d late
2020
16 d early
2019
104 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
€267
2024 · €-38
2018: €-437
2019: €5k
2020: €4k
2021: €2k
2022: €-262
2023: €1k
2024: €-38
2018 → 2025
Total assets
€4k▼ 11.4%
2024 · €4k
2018: €7k
2019: €7k
2020: €7k
2021: €2k
2022: €3k
2023: €2k
2024: €4k
2018 → 2025
Net result
€305
2024 · €-1k
2018: €435
2019: €5k
2020: €-1k
2021: €-2k
2022: €-2k
2023: €1k
2024: €-1k
2018 → 2025
Working capital
€267
2024 · €-38
2018: €-1k
2019: €4k
2020: €2k
2021: €1k
2022: €-1k
2023: €1k
2024: €-38
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€-262€1k€-38€267
Operating result€-2k-€-2k▼ 27.9%€2k€-953€974
Net result€-2k-€-2k▼ 28.9%€1k€-1k€305
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €974 after a loss of €953 in 2024.
Balance-sheet composition
Equity and liabilities €4k
Equity
€267
Debt
€3k
Debt finances 92.7% of the balance-sheet total.
Key figures and ratios
Debt
€3k▼
2024 · €4k
Debt ≤ 1 year
€3k▼
2024 · €4k
Income taxes
€509
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
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€4k€4k▼
Current assets29/58€4k€4k▼
Amounts receivable within one year40/41€1k€3k▲
Trade receivables40€1k€1k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€3k€373▼
Equity and liabilities
Total equity and liabilities10/49€4k€4k▼
Equity10/15€-38€267▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Profit (loss) carried forward14€-19k€-18k▲
Amounts payable17/49€4k€3k▼
Amounts payable within one year42/48€4k€3k▼
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45-€159
Taxes450/3-€159
Other amounts payable47/48€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6-
Other operating charges640/8€836€1k▲
Gross operating margin9900€-111€2k▲
Operating profit (loss)9901€-953€974▲
Financial income75/76B-€20
Recurring financial income75-€20
Financial charges65/66B€168€179▲
Recurring financial charges65€168€179▲
Profit (loss) for the period before taxes9903€-1k€815▲
Income taxes67/77-€509
Profit (loss) for the period9904€-1k€305▲
Profit (loss) for the period to be appropriated9905€-1k€305▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-18k▲
Profit (loss) brought forward from the previous period14P€-18k€-19k▼
The notes to these accounts (2 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €305
Net result €305 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.93
Current ratio from 0.68 to 1.93; short-term debt falls from €4k to €1k.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity times 19current ratio 30.50
Current ratio from 1.63 to 30.50; short-term debt falls from €3k to €36.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Highest result since 2018net €5k ▲1104%
Operating result €5k, net result €5k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.70
Current ratio from 0.84 to 2.70; short-term debt falls from €8k to €3k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 1992
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.
Maria-Louizasquare 41000 BrusselGround area
741 m²
Building footprint
338 m²
Volume, LiDAR
9,253 m³
Parcel 21805E0093/00D002, Brussels · tallest building 32.6 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Maria-Louizasquare 4, 1000 Brussel
since 19922.059.828.058
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0093/00D002 | Brussels | 741 m² | 1 · 338 m² | 32.6 m · 10 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
Vlaamse Sport Academie
BE 0763.947.848
Sint-Niklaas · Eq €230
FUNCTIONAL FITNESS PRO
BE 0802.791.202
Mons · Eq €329
Muscler son mental
BE 0762.978.145
Watermaal-Bosvoorde · Eq €214
AMUPURA
BE 0792.237.602
Meise · Eq €188
GROW SKILLS ACADEMY
BE 0789.429.253
Ukkel · Eq €186
Of 13,496 companies in sector 85510 we hold annual accounts for 718. 55 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-1992
Fiscal year end31-12
Abbreviation FR
MODULO-M
Activities, NACEBEL
85510Sports and recreation education
70200Business and other management consultancy
70220Business consulting
85592Vocational training
85593Socio-cultural adult education
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.