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MODULOW

Active Private limited companyfounded 2020active for 6 yearsRue des Chênes 16, 5100 NamurKBO/BCE: BE 0744.580.215

Lifetime

6 annual accounts with figures on one time axis
peak €89,844 (2025)
€89,844▲ 20.0%
peak €53,940 (2025)
€53,940▲ 19.8%
peak €56,217 (2022)
€27,969▲ 832%
€20,183▼ 72.7%
Board1 name since 2020
1 director
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €74,854 to €89,844Registered-office move 04-02Dividend €28,971Equity from €3,000 to €27,969Debts from €73,886 to €20,183Cash from €40,246 to €1

Key points

from the 2025 annual accounts

Equity

€27,969 from €56,217 in 2022

Equity fell by 50% in 3 years.

Turnover

≈ €210,000 estimated

The micro format states no turnover.

Liquidity

1.13 was 0.71 in 2024

Short-term debts fell from €63,918 to €18,728.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as MODULOW has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,973 companies, not a prediction for MODULOW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 28-02-2020
  • founderdeed of 03-03-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0744580215
Registered-office move Gazette deed
Incorporation Founding capital of €3,000 · Founder: · Appointment: (director) · published on 03-03-2020 · Gazette deed
First establishment Avenue de la Plante 47, Namur
All 12 events

Comparable companies

same main activity, similar in size and age
Company
MODULOW Namur €48,152 €89,844 58.1% -
BE-R Hoeilaart €57,249 €85,933 33.5% -
Gaspar Ventures Fléron €45,312 €85,737 2.2% -
SOLUTION-IT Saint-Ghislain €43,550 €75,244 5.6% -
DASER Brasschaat €56,437 €89,594 33.2% -
WEDEKA Boom €42,969 €72,638 77.6% -
ENGLISH DIGITAL COMMUNICATIONS Auderghem €37,211 €83,947 24.9% -

These companies have the same main activity as MODULOW: computer programming (NACE 62100). They are comparable in size and age: total assets between €37,200 and €57,200, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 28-02-2020Normal situation
Activity
Computer programmingNACE 62100and 1 other
Establishment unit
2.300.260.7705000 Namur, since 28-02-2020
Financial year end
31 December
Peppol
Reachable since 16-04-2026
Company details

Annual accounts 2025

€48,152▼ 37.4%
Filing
Filed on 22-06-2026, 39 days before the end of the filing period
Financials

Insights on MODULOW

MODULOW files the micro format. That format states no turnover. The gross margin rose from €36,414 in 2020 to €89,844 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MODULOW

What is the company number of MODULOW?
The company number of MODULOW is 0744.580.215. The VAT number is the same number with BE in front: BE 0744.580.215.
Where is MODULOW based?
The registered office is at Rue des Chênes 16, 5100 Namur.Company details
What does MODULOW do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of MODULOW?
MODULOW is a private limited company (BV).
When was MODULOW founded?
MODULOW was founded on 28-02-2020.
Is MODULOW still active?
Yes, MODULOW is an active enterprise in the KBO register.
What is the turnover of MODULOW?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €89,844 and 41 comparable companies (NACE 62100). It probably lies between €170,000 and €270,000.Financials
Is MODULOW profitable?
In financial year 2025, MODULOW made a profit of €53,940.
Where can I find the annual accounts of MODULOW?
MODULOW filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MODULOW due?
MODULOW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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