MODULUS

Active

Private limited companyfounded 2002active for 24 yearsKestelstraat 11, 9880 Aalter, BelgiumKBO/BCE: BE 0476.611.973

Summary

MODULUS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,095 and a net result of €1,967. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 95% of 2,773 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow Report Compare

MODULUSActiveChecked score 82/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

€84,037total assets 2025

Equity: €79,095
Profit: €1,967

Turnover not published (abbreviated format)

Financial health

82 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.6%

Structure

R.dcDirector · permanent representative Rudi De Cramer
SUMCONSTRUCTDirector · permanent representative Cornelia Cok

2025 accounts 30 days early3 of 5 deeds summarised

Why 82raises riskSize: total assets €84,037Sector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 17.00, cash €344lowers riskFounded in 2002Show the evidence

Checked score

Score 2025

82 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 53% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 94.1% of total assets

Liquidity 51=

short-term debt 5.9% · cash 0.4%

Profitability 43+2

return on assets 2.3%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,437 companies, NACE 41, micro)

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.6%▼ -0.6 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▼ -0.1 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity ample (current ratio 17.0, compared with 14.17 in 2024, above the usual 1.5; short-term debt: 5.9% and cash: 0.4% of total assets), and 5.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 92% on solvency, 53% on liquidity, 26% on profitability and 42% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Size: total assets €84,037

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2002

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Liquidity: current ratio 17.00, cash €344

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

30 days early

2024

26 days late

2023

16 days early

2022

11 days early

2021

58 days early

2020

30 days late

2019

88 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 filed years within 41 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-10-2026 Appointments: R.dc (director) and SUMCONSTRUCT (director)Permanent representatives: Rudi De Cramer…
05-08-2026 Permanent representative: Bruno PouseeleKind of shares · Auditor…
01-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…

Key points

Positive: Among the best 5% on solvencysector median 38.6% · 2,773 companies 94.1% View
Board changedlatest change 15-09-2026 · 2 in office 2 joined · 1 left View
Positive: 5 profitable years in a rowprofit 2025: €1,967 5 years View

By topic

Financials

Financial year: 2025
Total assets: €84,037
Profit: €1,967
Solvency: 94.1%

Total assets▲ 1.3%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members

R.dcDirector
SUMCONSTRUCTDirector

Go to Board & ownership

Timeline

Events: 27
Since: 2003
Next accounts: by 31-07-2027

26-08-2025Annual accounts filed
15-07-2024Annual accounts filed
20-07-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 07-02-2002
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 15

Who signs: Each director alone
Annual meeting: Last Saturday of May at 10:00
Purpose: “1. alle immobiliaire operaties of ermee verband houdende verrichtingen met name: de…” (deed in Dutch)

Go to Articles of association

Key facts about MODULUS

What is the company number of MODULUS?: 0476.611.973. In Belgium the VAT number is the company number with BE in front: BE 0476.611.973.
Where is MODULUS based?: The registered office is at Kestelstraat 11, 9880 Aalter.Company details
What does MODULUS do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of MODULUS?: Private limited company (BV).
When was MODULUS founded?: On 07-02-2002.
Is MODULUS still active?: Yes, MODULUS is an active enterprise in the KBO register.
What is the turnover of MODULUS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MODULUS profitable?: In financial year 2025, MODULUS made a profit of €1,967.
Where can I find the annual accounts of MODULUS?: MODULUS filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MODULUS due?: By 31-07-2027, for financial year 2026.Timeline