NORMAL SITUATION

MODIMEX

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Financial year 2022 · closed on 31/12/2022

Net result

11,8 k €

-53.6% YoY

Revenue

193 k €

+9.4% YoY

Equity

79,9 k €

+17.3% YoY

Company — Normal situation.

What does MODIMEX do?

MODIMEX is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.501.492

Legal form

Private company with limited liability

Contributed capital

18 592,01 €

Latest accounts

31/12/2022

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	193 k €	+9.4%	176,4 k €	+12.9%	156,2 k €	-37.4%	249,5 k €	-2.0%	254,7 k €	-0.1%	254,9 k €	+5.7%	241,2 k €	-4.4%	252,2 k €	-1.7%	256,5 k €		–		–		–		257,1 k €	-1.6%	261,3 k €	+1.5%	257,5 k €	+3.0%	249,9 k €	-3.7%	259,6 k €
EBITDA	22,2 k €	-38.9%	36,3 k €	+144%	14,9 k €	+344%	3,4 k €	-85.5%	23,2 k €	-13.1%	26,6 k €	+22.6%	21,7 k €	+2.2%	21,3 k €	+145%	8,7 k €	+159%	-14,8 k €	-5434%	276,6 €	-98.6%	19,1 k €	-44.9%	34,7 k €	+62.9%	21,3 k €	-6.6%	22,8 k €	+28.3%	17,8 k €	-38.6%	29 k €
Operating result	22,2 k €	-31.0%	32,1 k €	+250%	9,2 k €	+7637%	118,7 €	-99.4%	19,9 k €	-14.9%	23,3 k €	+27.9%	18,3 k €	-6.0%	19,4 k €	+193%	6,6 k €	+142%	-15,8 k €	-1108%	-1,3 k €	-108%	17,4 k €	-47.4%	33,1 k €	+69.9%	19,5 k €	-7.6%	21,1 k €	+35.6%	15,5 k €	-41.0%	26,4 k €
Net result	11,8 k €	-53.6%	25,4 k €	+259%	7,1 k €	+253%	-4,6 k €	-145%	10,3 k €	-32.0%	15,1 k €	+56.0%	9,7 k €	-15.3%	11,4 k €	+495%	-2,9 k €	+90.1%	-29,3 k €	-137%	-12,4 k €	-367%	4,6 k €	-75.9%	19,2 k €	+334%	4,4 k €	+16.8%	3,8 k €	+507%	624,8 €	-95.0%	12,4 k €
Balance sheet
Equity	79,9 k €	+17.3%	68,1 k €	+59.5%	42,7 k €	+19.8%	35,7 k €	-11.5%	40,3 k €	+34.3%	30 k €	+102%	14,9 k €	+187%	5,2 k €	+183%	-6,2 k €	-86.3%	-3,4 k €	-113%	26 k €	-32.2%	38,3 k €	+13.7%	33,7 k €	+132%	14,5 k €	+43.9%	10,1 k €	+60.2%	6,3 k €	+11.0%	5,7 k €
Total assets	94,7 k €	-4.8%	99,5 k €	+21.2%	82,1 k €	+8.7%	75,6 k €	-25.4%	101,3 k €	-1.5%	102,9 k €	-4.9%	108,2 k €	-0.6%	108,8 k €	-13.9%	126,5 k €	-1.2%	128 k €	-9.2%	141 k €	+6.5%	132,3 k €	+5.1%	125,9 k €	+11.5%	113 k €	-8.7%	123,8 k €	+13.3%	109,2 k €	-6.6%	116,9 k €
Cash	57,3 k €	+19.5%	47,9 k €	+49.9%	32 k €	+11.1%	28,8 k €	+9.0%	26,4 k €	+78.4%	14,8 k €	+179%	5,3 k €	+19.3%	4,4 k €	-3.6%	4,6 k €	-7.0%	5 k €	+47.7%	3,4 k €	-33.8%	5,1 k €	+129%	2,2 k €	+63.8%	1,4 k €	-35.6%	2,1 k €	+45.1%	1,4 k €	-50.0%	2,9 k €
Debts	14,8 k €	-52.9%	31,4 k €	-20.4%	39,4 k €	-1.2%	39,9 k €	-34.7%	61,1 k €	-16.2%	72,9 k €	-21.9%	93,3 k €	-10.0%	103,7 k €	-21.9%	132,7 k €	+1.0%	131,4 k €	+14.3%	115 k €	+22.3%	94 k €	+1.9%	92,2 k €	-6.4%	98,5 k €	-13.4%	113,7 k €	+10.5%	102,9 k €	-7.5%	111,2 k €
Other
Workforce	–		–		–		–		–		–		–		2,0 ETP	0.0%	2,0 ETP	-9.1%	2,2 ETP	0.0%	2,2 ETP	+37.5%	1,6 ETP	-15.8%	1,9 ETP	-5.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+5.3%	1,9 ETP

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 4 ended

Active mandates

Erwin SCHENK

Manager · since 04 octobre 1988

Active

Franziska HEINEN

Manager · since 04 octobre 1988

Active

Ended mandates

ERWIN SCHENK

Mandate

Ended

ERWIN SCHENK

Manager

Ended

FRANZISKA HEINEN

Mandate

Ended

FRANZISKA HEINEN

Manager

Ended

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2023	29/08/2022	25/08/2021	08/09/2020	23/08/2019	24/08/2018
General meeting	01/06/2023	02/06/2022	03/06/2021	04/06/2020	06/06/2019	07/06/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

34 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2022	01/06/2023	30/06/2023	German	PDF
Micro model	31/12/2021	02/06/2022	29/08/2022	German	PDF
Micro model	31/12/2020	03/06/2021	25/08/2021	French	PDF
Micro model	31/12/2019	04/06/2020	08/09/2020	German	PDF
Micro model	31/12/2018	06/06/2019	23/08/2019	German	PDF
Micro model	31/12/2017	07/06/2018	24/08/2018	German	PDF
Micro model	31/12/2016	01/06/2017	30/08/2017	German	PDF
Abridged model	31/12/2015	02/06/2016	29/08/2016	German	PDF
Abridged model	31/12/2014	04/06/2015	31/08/2015	German	PDF
Abridged model	31/12/2013	05/06/2014	22/08/2014	German	PDF
Abridged model	31/12/2012	06/06/2013	30/08/2013	German	PDF
Abridged model	31/12/2011	07/06/2012	26/06/2012	German	PDF
Abridged model	31/12/2010	03/06/2011	03/08/2011	German	PDF
Abridged model	31/12/2009	03/06/2010	23/08/2010	German	PDF
Abridged model	31/12/2008	04/06/2009	29/07/2009	German	PDF
Abridged model	31/12/2007	05/06/2008	22/08/2008	German	PDF
Abridged model	31/12/2006	07/06/2007	27/06/2007	German	PDF
Abridged model	31/12/2005	01/06/2006	27/06/2006	French	PDF
Abridged model	31/12/2004	02/06/2005	07/09/2005	French	PDF
Abridged model	31/12/2003	03/06/2004	17/09/2004	French	PDF
Abridged model	31/12/2002	05/06/2003	10/07/2003	French	PDF
Abridged model	31/12/2001	06/06/2002	07/10/2002	French	PDF
Abridged model	31/12/2000	07/06/2001	03/10/2001	French	PDF
Abridged model	31/12/1999	01/06/2000	05/06/2000	French	PDF

View all 34 filings

Estimate

Indicative valuation

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.

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 4 ended

Active mandates

Erwin SCHENK

Manager · since 04 octobre 1988

Active

Franziska HEINEN

Manager · since 04 octobre 1988

Active

Ended mandates

ERWIN SCHENK

Mandate

Ended

ERWIN SCHENK

Manager

Ended

FRANZISKA HEINEN

Mandate

Ended

FRANZISKA HEINEN

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2022
Annual accounts 202211,8 k €↓
2021
Annual accounts 202125,4 k €↑
2020
Annual accounts 20207,1 k €↑
2019
Annual accounts 2019-4,6 k €↓
2018
Annual accounts 201810,3 k €↓
2017
Annual accounts 201715,1 k €↑
2016
Annual accounts 20169,7 k €↓
2015
Annual accounts 201511,4 k €↑
2014
Annual accounts 2014-2,9 k €↑
2013
Annual accounts 2013-29,3 k €↓
2012
Annual accounts 2012-12,4 k €↓
2011
Annual accounts 20114,6 k €↓
2010
Annual accounts 201019,2 k €↑
2009
Annual accounts 20094,4 k €↑
2008
Annual accounts 20083,8 k €↑
2007
Annual accounts 2007624,8 €↓
2006
Annual accounts 200612,4 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MODIMEX

Overview

What does MODIMEX do?

Trend over 17 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline