Modulor (0438.314.789): financials and annual accounts

Modulor

Antwerp ·KBO/BCE: BE 0438.314.789

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	6.6m	6.6m	6.8m	7.7m	3.7m	3.5m	3.6m	3.7m	3.7m	3.6m	3.7m	3.8m	3.1m	3.1m	2.7m	2.4m	2.3m	2.3m	2.3m
`21/28`	3.3m	3.4m	3.6m	2.9m	2.8m	2.7m	2.8m	2.9m	3.0m	3.1m	3.2m	3.5m	2.9m	2.9m	2.5m	2.2m	1.7m	1.8m	1.8m
`22/27`	3.3m	3.4m	3.6m	2.9m	2.8m	2.7m	2.8m	2.9m	3.0m	3.1m	3.2m	3.5m	2.9m	2.9m	2.5m	2.2m	1.7m	1.8m	1.8m
`22`	2.7m	2.8m	3.0m	2.3m	2.2m	2.0m	2.1m	2.3m	2.4m	2.5m	2.6m	2.9m	2.3m	2.2m	1.8m	1.5m	1.6m	1.7m	1.7m
`24`	-	-	-	-	-	-	2,013	1,249	1,874	610	1,220	1,831	180	359	539	-	-	2,330	10,572
`26`	614,551	592,151	592,151	621,151	621,151	621,151	621,151	621,151	621,151	619,351	619,351	649,332	649,332	649,332	649,332	676,632	123,558	123,558	123,558
`28`	2,473	2,454	2,444	2,442	2,440	2,437	2,435	2,433	2,430	2,428	2,424	2,414	2,399	2,371	2,341	2,307	2,270	2,227	2,188
`29/58`	3.3m	3.2m	3.2m	4.7m	890,123	880,546	786,892	805,494	665,781	505,307	435,378	262,130	227,673	231,341	212,106	126,737	548,255	512,742	443,033
`40/41`	1.0m	964,213	952,521	912,827	752,610	716,914	697,122	602,421	593,644	463,432	391,388	225,235	196,567	171,995	157,668	77,382	496,117	427,311	346,183
`40`	-	-	1,551	221	221	846	317	244	-	24	-	8	386	-	581	138	734	-	-
`41`	1.0m	964,213	950,970	912,606	752,389	716,069	696,805	602,178	593,644	463,408	391,388	225,227	196,182	171,995	157,087	77,244	495,383	427,311	346,183
`50/53`	2.2m	2.0m	1.5m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`54/58`	99,266	164,879	800,601	3.8m	127,513	153,632	79,769	203,073	72,137	41,875	43,990	36,895	29,186	56,961	49,351	49,212	43,179	67,971	96,849
`490/1`	-	-	-	-	10,000	10,000	10,000	-	-	-	-	-	1,920	2,385	5,087	143	8,960	17,460	-
Balance sheet: equity and liabilities
`10/49`	6.6m	6.6m	6.8m	7.7m	3.7m	3.5m	3.6m	3.7m	3.7m	3.6m	3.7m	3.8m	3.1m	3.1m	2.7m	2.4m	2.3m	2.3m	2.3m
`10/15`	4.5m	4.4m	4.5m	4.8m	1.9m	1.9m	1.9m	1.8m	1.6m	1.5m	1.4m	1.2m	1.2m	997,923	911,694	820,852	718,637	648,714	533,082
`10/11`	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500
`10`	62,500	62,500	62,500	62,500	62,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500	62,500
`13`	4.5m	4.4m	4.4m	4.7m	1.8m	1.8m	1.8m	1.7m	1.5m	1.5m	1.3m	1.2m	1.1m	6,250	6,250	6,250	6,250	6,250	6,250
`130/1`	6,250	6,250	6,250	6,250	6,250	6,250	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250	6,250
`133`	4.5m	4.3m	4.4m	4.7m	1.8m	1.8m	1.8m	1.7m	1.5m	1.5m	1.3m	1.2m	1.1m	-	-	-	-	-	-
`14`	-	-	-	-	-	-	-	-	-	-	-	-	-	929,173	842,944	752,102	649,887	579,964	464,332
`17/49`	2.1m	2.2m	2.3m	2.9m	1.8m	1.6m	1.7m	1.9m	2.1m	2.1m	2.3m	2.6m	2.0m	2.1m	1.8m	1.5m	1.6m	1.7m	1.7m
`17`	1.0m	1.1m	1.2m	643,371	702,905	510,987	545,701	735,738	925,120	1.1m	1.3m	1.6m	1.8m	1.9m	1.5m	1.1m	1.1m	1.3m	1.3m
`170/4`	1.0m	1.1m	1.2m	643,371	702,905	510,987	545,701	735,738	925,120	1.1m	1.3m	1.6m	1.8m	1.9m	1.5m	1.1m	1.1m	1.3m	1.3m
`42/48`	1.0m	1.0m	1.0m	2.2m	1.0m	1.1m	1.1m	1.2m	1.2m	959,254	967,857	941,150	218,608	241,424	219,637	404,689	406,399	367,354	396,146
`42`	99,977	106,156	93,953	113,191	111,737	121,225	189,854	189,381	186,009	179,974	174,840	189,286	181,783	178,981	171,690	124,448	81,271	84,088	92,973
`43`	900,000	900,000	900,000	900,000	911,026	950,000	900,000	950,039	939,743	739,743	739,226	738,546	23,537	23,537	29,421	273,524	273,584	276,613	279,486
`430/8`	900,000	900,000	900,000	900,000	911,026	950,000	900,000	950,039	939,743	739,743	739,226	738,546	23,537	23,537	29,421	273,524	273,584	276,613	279,486
`44`	25,479	15,276	23,557	160,213	8,152	43,739	3,040	16,565	30,122	32,146	18,740	4,811	7,177	4,965	1,717	2,422	1,446	830	2,320
`440/4`	25,479	15,276	23,557	160,213	8,152	43,739	3,040	16,565	30,122	32,146	18,740	4,811	7,177	4,965	1,717	2,422	1,446	830	2,320
`45`	1,500	3,000	1,500	1.0m	1,500	14,670	52,825	37,610	6,225	7,392	35,051	8,506	6,111	7,108	7,450	4,226	5,620	1,500	1,500
`450/3`	1,500	3,000	1,500	1.0m	1,500	14,670	52,825	35,675	1,500	1,500	30,500	3,370	1,500	1,500	3,000	-	-	1,500	1,500
`454/9`	-	-	-	-	-	-	-	1,935	4,725	5,892	4,551	5,136	4,611	5,608	4,450	4,226	5,620	-	-
`47/48`	12,907	12,907	12,907	-	-	-	-	-	-	-	-	-	-	26,833	9,358	69	44,479	4,322	19,868
`492/3`	-	-	63,636	63,636	42,424	-	-	-	-	-	9,500	8,750	-	5,000	17,124	16,284	36,452	35,354	4,239
Income statement
`76A`	-	-	-	4.0m	-	-	-	-	-	-	55,408	-	-	-	-	-	-	-	493,474
`9900`	239,085	131,318	2,631	4.1m	161,221	199,196	324,949	451,651	428,421	416,387	449,696	445,023	429,593	370,725	340,734	332,078	272,821	335,488	182,042
`62`	-	-	-	-	-	581	10,708	16,986	22,544	22,792	25,475	23,510	24,722	22,035	21,845	20,186	15,678	-	-
`630`	133,330	141,057	236,150	144,448	125,385	112,496	112,496	112,887	117,769	120,818	133,924	195,531	109,068	136,527	109,965	71,796	74,125	78,603	131,201
`640/8`	31,048	29,832	27,336	25,956	28,364	27,118	25,338	24,986	24,920	24,779	24,196	21,939	23,558	15,793	14,978	14,515	19,135	23,559	12,190
`9901`	74,708	-39,571	-260,856	3.9m	7,471	59,001	176,407	296,793	263,188	247,999	266,101	204,043	272,245	196,371	193,946	225,581	163,882	233,326	38,651
`75/76B`	126,937	88,414	33,674	16,648	20,565	17,548	17,058	16,352	13,978	10,441	7,884	4,711	2,489	2,385	1,478	95	18,007	15,764	14,881
`75`	126,937	88,414	33,674	16,648	20,565	17,548	17,058	16,352	13,978	10,441	7,884	4,711	2,489	2,385	1,478	95	18,007	15,764	14,881
`65/66B`	76,242	106,406	76,371	29,461	28,422	29,916	32,543	34,260	240,266	45,067	71,498	64,552	68,893	79,231	67,703	83,668	77,909	84,186	92,267
`65`	76,242	106,406	61,771	29,461	28,422	29,916	32,543	34,260	40,266	45,067	71,498	64,552	68,893	79,231	67,703	83,668	77,909	84,186	92,267
`66B`	-	-	14,600	-	-	-	-	-	200,000	-	-	-	-	-	-	-	-	-	-
`9903`	125,402	-57,563	-303,552	3.9m	-386	46,632	160,922	278,885	36,900	213,372	257,896	144,202	205,841	119,525	127,721	142,008	103,979	164,904	454,739
`67/77`	154	149	541	1.0m	1	14,673	51,328	94,172	6,545	65,697	108,750	41,884	39,938	33,296	36,878	39,794	34,055	49,273	150,330
`9904`	125,248	-57,712	-304,093	2.9m	-386	31,960	109,594	184,713	30,355	147,675	149,146	102,318	165,903	86,229	90,843	102,214	69,924	115,631	304,408
`689`	-	-	-	-	-	-	-	-	-	-	-	21,240	-	-	-	-	-	-	-
`9905`	125,248	-57,712	-304,093	2.9m	-386	31,960	109,594	184,713	30,355	147,675	149,146	81,078	165,903	86,229	90,843	102,214	69,924	115,631	304,408
Appropriation of the result
`9906`	125,248	-57,712	-304,093	2.9m	-386	31,960	109,594	184,713	30,355	147,675	149,146	81,078	1.1m	929,173	842,944	752,102	649,887	579,964	464,332
`791/2`	-	57,712	304,093	-	386	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	125,248	-	-	2.9m	-	31,960	109,594	184,713	30,355	147,675	149,146	81,078	1.1m	-	-	-	-	-	-
`6921`	125,248	-	-	2.9m	-	31,960	109,594	184,713	30,355	147,675	149,146	81,078	1.1m	-	-	-	-	-	-
Social balance sheet
`9087`	-	-	-	-	-	-	0.5	0.7	0.7	0.7	0.9	0.9	0.9	0.8	0.7	0.7	0.6	-	-
Hours worked`1013`	-	-	-	-	-	-	231	749	1,260	1,316	1,256	1,333	1,489	1,337	1,309	1,379	868	-	-
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Financial year	Type	Filed	Reference	Document
30-09-2025	micro format	30-04-2026	2026-00095265	PDF
30-09-2024	micro format	30-04-2025	2025-00084970	PDF
30-09-2023	micro format	29-05-2024	2024-00099634	PDF
30-09-2022	micro format	02-05-2023	2023-00074052	PDF
30-09-2021	micro format	29-04-2022	2022-20012649	PDF
30-09-2020	micro format	13-04-2021	2021-10500464	PDF
30-09-2019	micro format	30-03-2020	2020-08000328	PDF
30-09-2018	micro format	30-04-2019	2019-11500555	PDF
30-09-2017	micro format	24-04-2018	2018-10400469	PDF
30-09-2016	abbreviated format	27-04-2017	2017-10400289	PDF
30-09-2015	abbreviated format	30-03-2016	2016-07900395	PDF
30-09-2014	abbreviated format	31-03-2015	2015-08200157	PDF
30-09-2013	abbreviated format	28-03-2014	2014-07900013	PDF
30-09-2012	abbreviated format	29-03-2013	2013-07600447	PDF
30-09-2011	abbreviated format	29-03-2012	2012-07200591	PDF
30-09-2010	abbreviated format	07-06-2011	2011-15200185	PDF
30-09-2009	abbreviated format	30-03-2010	2010-08200245	PDF
30-09-2008	abbreviated format	30-03-2009	2009-09600389	PDF
30-09-2007	abbreviated format	31-03-2008	2008-09200245	PDF
30-09-2006	abbreviated format	30-03-2007	2007-11001027	PDF
30-09-2005	abbreviated format	03-04-2006	2006-10001423	PDF
30-09-2004	abbreviated format	01-04-2005	2005-10300391	PDF
30-09-2003	abbreviated format	30-03-2004	2004-09300905	PDF
30-09-2002	abbreviated format	28-04-2003	2003-11700070	PDF
30-09-2001	abbreviated format	26-03-2002	2002-07701510	PDF
30-09-2000	abbreviated format	27-03-2001	2001-07700271	PDF
30-09-1999	abbreviated format	28-03-2000	2000-07701619	PDF
30-09-1998	abbreviated format	14-04-1999	1999-07504140	PDF
30-09-1997	abbreviated format	22-04-1998	1998-07305201	PDF
30-09-1996	abbreviated format	27-03-1997	1997-04403731	PDF
30-09-1995	abbreviated format	28-03-1996	1996-04504493	PDF
30-09-1994	abbreviated format	28-03-1995	1995-04600592	PDF
30-09-1993	abbreviated format	30-03-1994	1994-05103605	PDF
30-09-1992	abbreviated format	31-03-1993	1993-04602212	PDF
30-09-1991	abbreviated format	06-04-1992	1992-03800696	PDF
30-09-1990	abbreviated format	02-04-1991	1991-03304136	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
208,037	101,486	-24,706	4.0m	132,856	171,497	288,903	409,679	380,957	368,816	400,025	399,574	381,313	332,898	303,911	297,377	238,007	311,929	169,852
258,578	83,345	-67,944	3.0m	124,999	144,456	222,090	297,600	148,124	268,493	283,070	297,848	274,970	222,756	200,808	174,010	144,049	194,234	435,609
22,419	10	918,196	291,621	252,546	2	2,779	2	4,301	4	87,285	838,582	130,799	553,669	378,052	553,111	17,828	42,760	828,269
-65,613	-635,722	-3.0m	3.7m	-26,119	73,863	-123,303	130,936	30,262	-2,115	7,095	7,709	-27,775	7,611	139	6,033	-24,792	-28,878	-
2.3m	2.1m	2.2m	2.6m	-142,292	-249,088	-358,828	-388,102	-496,317	-453,948	-532,479	-679,020	9,065	-10,083	-7,531	-277,953	141,856	145,388	46,886
68.6%	67.2%	65.8%	62.4%	51.6%	53.6%	52.5%	47.7%	43.0%	42.7%	38.1%	32.7%	37.1%	32.0%	34.0%	34.9%	31.3%	28.0%	23.4%
3.18	3.04	3.13	2.18	0.86	0.78	0.69	0.67	0.57	0.53	0.45	0.28	1.04	0.96	0.97	0.31	1.35	1.40	1.12
0.46	0.49	0.52	0.60	0.94	0.86	0.91	1.10	1.33	1.34	1.63	2.06	1.69	2.12	1.94	1.87	2.19	2.57	3.28
2.8%	-1.3%	-6.8%	60.3%	0.0%	1.7%	5.9%	10.5%	1.9%	9.6%	10.7%	8.2%	14.3%	8.6%	10.0%	12.5%	9.7%	17.8%	57.1%
1.9%	-0.9%	-4.5%	37.6%	0.0%	0.9%	3.1%	5.0%	0.8%	4.1%	4.1%	2.7%	5.3%	2.8%	3.4%	4.3%	3.0%	5.0%	13.4%
2.73	0.95	-0.40	over 100	4.67	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	30-09-2021
Mortgages, amount registered	€2.4m	€2.4m	€2.4m	€2.4m	€2.4m
Carrying value of the mortgaged assets	€1.9m	€2.1m	€2.2m	€2.3m	€2.2m

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	30-09-2021
Tangible fixed assets	€22,400	-	€918,194	€291,619	€252,544
Financial fixed assets	€19	€10	€2	€2	€2
	€133,330	€141,057	€236,150	€144,448	€125,385

Modulor

Annual accounts 2025

Balance sheet

in €m

in euro

Staff

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on Modulor

Next steps

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on Modulor

Next steps

in €m

in euro