ACTIVE

Moderna Products

Financial year 2025 · Closed on 31/12/2025

Net result649,5 k €-44,6 %over 1 year
Revenue23,5 M €-2,7 %over 1 year
Equity7,8 M €-20,5 %over 1 year
Workforce64,1 ETP-2,4 %over 1 year

Identity

Source · BCE/KBO

Moderna Products is a Public limited company incorporated in 1968. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Izegem. It employs on average 64,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.574.519
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Zuidkaai 35
8870 Izegem · FlandreSee on map
Contributed capital
125 000,00 €
Latest accounts
31/12/2025
Average workforce
64,1 ETP
Joint committees (4)
  • 116
  • 11601
  • 207
  • 20701
Contacts
2 public details availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222018
Income statement
Revenue23,5 M €24,2 M €24,9 M €50,6 M €21,2 M €
EBITDA5 M €5,5 M €4,6 M €5 M €2,8 M €
Operating result1,1 M €1,5 M €767,4 k €629,5 k €916,1 k €
Net result649,5 k €1,2 M €244,2 k €908 k €793,7 k €
Balance sheet
Equity7,8 M €9,8 M €12 M €11,8 M €11,1 M €
Total assets31,1 M €33,8 M €37,8 M €43 M €13,4 M €
Cash557,6 k €1,2 M €543,9 k €359,9 k €1,5 M €
Debts22,4 M €23,1 M €25 M €30,7 M €2 M €
Other
Workforce64,1 ETP65,7 ETP70,9 ETP70,5 ETP58,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 29 ended

Active mandates

CASA. CO

Managing director · since 01 mars 2024 · until 25 mai 2029 · 0444.582.375

Represented by Bonte Bart

Active
MADELCO

Director · since 21 décembre 2023 · until 21 décembre 2029 · 0642.571.946

Represented by Alex Raes

Active
MP GROUP

Director · since 27 mai 2022 · until 26 mai 2028 · 0844.847.531

Represented by Anne Chantal Saelen

Active

Ended mandates

MP GROUP

Director · since 27 mai 2022 · until 27 mai 2028 · 0844.847.531

Represented by Anne Chantal Saelen

Ended
Sabbe-Dubaere & Compagnie

Managing director · since 01 novembre 2019 · until 23 mai 2025 · 0402.750.631

Represented by Bart Bonte

Ended
CASA. CO

Managing director · since 27 mai 2016 · until 01 novembre 2019 · 0444.582.375

Represented by Bart Bonte

Ended
CASA. CO

Mandate · since 27 mai 2016 · until 27 mai 2022 · 0444.582.375

Represented by Bart Bonte

Ended

Other companies at this address

Zuidkaai 35 8870 Izegem
CompanyCBE no.
CASA. CO● Active
0444.582.375
MP GROUP● Active
0844.847.531
0402.750.631

Full financial information

Source · NBB
202520242023202220202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202531/12/202331/12/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202531/12/202430/12/202330/12/202231/12/202031/12/2019
Length of the financial year12 months13 months13 months24 months12 months12 months
Filing date29/06/202628/05/202528/06/202431/05/202329/07/202113/07/2020
General meeting18/06/202623/05/202528/06/202426/05/202330/06/202126/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/06/202629/06/2026DutchPDF
Full model31/12/202423/05/202528/05/2025DutchPDF
Full model30/12/202328/06/202428/06/2024DutchPDF
Full model30/12/202226/05/202331/05/2023DutchPDF
Full model31/12/202030/06/202129/07/2021DutchPDF
Full model31/12/201926/06/202013/07/2020DutchPDF
Full model31/12/201820/05/201917/06/2019DutchPDF
Full model31/12/201718/06/201813/07/2018DutchPDF
Full model31/12/201616/06/201713/07/2017DutchPDF
Full model31/12/201517/06/201615/07/2016DutchPDF
Full model31/12/201430/06/201522/07/2015DutchPDF
Full model31/12/201323/05/201412/06/2014DutchPDF
Full model31/12/201221/06/201315/07/2013DutchPDF
Full model31/12/201117/03/201216/04/2012DutchPDF
Abridged model31/12/201019/03/201118/04/2011DutchPDF
Abridged model31/12/200920/03/201022/03/2010DutchPDF
Abridged model31/12/200821/03/200923/04/2009DutchPDF
Abridged model31/12/200715/03/200802/06/2008DutchPDF
Abridged model31/12/200617/03/200713/04/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 29 ended

Active mandates

CASA. CO

Managing director · since 01 mars 2024 · until 25 mai 2029 · 0444.582.375

Represented by Bonte Bart

Active
MADELCO

Director · since 21 décembre 2023 · until 21 décembre 2029 · 0642.571.946

Represented by Alex Raes

Active
MP GROUP

Director · since 27 mai 2022 · until 26 mai 2028 · 0844.847.531

Represented by Anne Chantal Saelen

Active

Ended mandates

MP GROUP

Director · since 27 mai 2022 · until 27 mai 2028 · 0844.847.531

Represented by Anne Chantal Saelen

Ended
Sabbe-Dubaere & Compagnie

Managing director · since 01 novembre 2019 · until 23 mai 2025 · 0402.750.631

Represented by Bart Bonte

Ended
CASA. CO

Managing director · since 27 mai 2016 · until 01 novembre 2019 · 0444.582.375

Represented by Bart Bonte

Ended
CASA. CO

Mandate · since 27 mai 2016 · until 27 mai 2022 · 0444.582.375

Represented by Bart Bonte

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - BOEKJAAR
    PDF
  • Mandates23/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/06/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other23/12/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BOEKJAAR
    PDF
  • Mandates09/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025649,5 k €↓
  2. 2024
    Annual accounts 20241,2 M €↑
  3. 2023
    Annual accounts 2023244,2 k €↓
  4. 2022
    Annual accounts 2022908 k €↑
  5. 2018
    Annual accounts 2018793,7 k €↓
  6. 2017
    Annual accounts 2017845,5 k €↓
  7. 2016
    Annual accounts 20161,4 M €↓
  8. 2015
    Annual accounts 20151,7 M €↑
  9. 2014
    Annual accounts 20141,2 M €↑
  10. 2013
    Annual accounts 20131,1 M €↓
  11. 2012
    Annual accounts 20121,2 M €↓
  12. 2011
    Annual accounts 20112,4 M €↑
  13. 2010
    Annual accounts 2010695,8 k €↑
  14. 2009
    Annual accounts 2009544,3 k €↑
  15. 2008
    Annual accounts 2008497,2 k €↑
  16. 2007
    Annual accounts 2007242,7 k €↓
  17. 2006
    Annual accounts 2006258 k €
  18. 01/01/1968
    IncorporationPublic limited company