OPENING OF BANKRUPTCY

MODI

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Financial year 2020 · closed on 31/12/2020

Net result

12,9 €

-99.7% YoY

Gross margin

243,6 k €

+25.7% YoY

Equity

5,3 k €

+0.2% YoY

Workforce

238 068,0 ETP

Company — Opening of bankruptcy.

What does MODI do?

MODI is a Private company with limited liability incorporated in 1989. Its main activity is: Sports activities and amusement and recreation activities. Its registered office is in Antwerpen. It employs on average 238 068,0 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0436.790.703

Incorporation

17/02/1989

Legal form

Private company with limited liability

Registered office

Lange Beeldekensstraat 51
2060 Antwerpen · FlandreSee on map

Contributed capital

26 028,82 €

Latest accounts

31/12/2020

Average workforce

238 068,0 ETP

Activities (NACE)

93012Sports activities and amusement and recreation activities· main 96012Washing and (dry-)cleaning of textile and fur products 96102Other personal service activities

Joint committees (4)

110
200
218
32201

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	243,6 k €	+25.7%	193,8 k €	+53.6%	126,1 k €	-18.6%	154,9 k €	-5.4%	163,8 k €	-7.4%	176,8 k €	-11.2%	199,1 k €	-47.5%	378,9 k €	+85.8%	204 k €	+18.2%	172,6 k €	-10.6%	193 k €	+0.6%	192 k €	+52.1%	126,2 k €	+78.3%	70,8 k €
EBITDA	3,8 k €	-54.3%	8,3 k €	+162%	-13,6 k €	-348%	5,5 k €	-57.1%	12,7 k €	+95.4%	6,5 k €	-18.5%	8 k €	-46.3%	14,9 k €	+5159%	-294,6 €	+91.4%	-3,4 k €	-120%	17,5 k €	-56.8%	40,4 k €	+25.2%	32,3 k €	+38.1%	23,4 k €
Operating result	1,4 k €	-75.5%	5,6 k €	+139%	-14,2 k €	-482%	3,7 k €	-59.4%	9,2 k €	+257%	2,6 k €	+246%	-1,8 k €	-123%	7,8 k €	+216%	-6,7 k €	+59.7%	-16,7 k €	-1969%	-808,4 €	-104%	19,6 k €	+56.3%	12,5 k €	+2.1%	12,3 k €
Net result	12,9 €	-99.7%	4,1 k €	+127%	-15,3 k €	-1097%	1,5 k €	-66.9%	4,6 k €	+513%	757,5 €	+126%	-2,9 k €	-140%	7,3 k €	+19.9%	6,1 k €	+140%	-15,3 k €	-364%	-3,3 k €	-121%	15,7 k €	+126%	7 k €	+0.2%	6,9 k €
Balance sheet
Equity	5,3 k €	+0.2%	5,3 k €	+338%	1,2 k €	-92.6%	16,5 k €	+10.2%	15 k €	+44.8%	10,4 k €	+7.9%	9,6 k €	-23.4%	12,5 k €	+140%	5,2 k €	+697%	-875,9 €	-106%	14,4 k €	-18.6%	17,7 k €	+789%	2 k €	+140%	-5 k €
Total assets	94,5 k €	+126%	41,9 k €	+63.7%	25,6 k €	-60.2%	64,2 k €	+10.2%	58,3 k €	-15.6%	69,1 k €	-12.1%	78,6 k €	-8.1%	85,5 k €	+21.8%	70,2 k €	-24.3%	92,7 k €	+10.5%	83,9 k €	-12.4%	95,8 k €	+22.5%	78,2 k €	+82.0%	43 k €
Cash	–		–		21,7 k €	+39.1%	15,6 k €	+9.9%	14,2 k €	-23.6%	18,6 k €	-34.9%	28,6 k €	+3.4%	27,6 k €	+136%	11,7 k €	-28.7%	16,4 k €	-13.1%	18,9 k €	+23.9%	15,2 k €	+54.2%	9,9 k €	+120%	4,5 k €
Debts	81,2 k €	+190%	28 k €	+14.8%	24,4 k €	-48.9%	47,7 k €	+10.2%	43,3 k €	-26.3%	58,7 k €	-14.9%	69 k €	-5.4%	72,9 k €	+12.3%	64,9 k €	-29.7%	92,3 k €	+32.8%	69,5 k €	-10.9%	78 k €	+2.9%	75,9 k €	+58.4%	47,9 k €
Other
Workforce	238 068,0 ETP		–		–		5,0 ETP	0.0%	5,0 ETP	-16.7%	6,0 ETP	-10.4%	6,7 ETP	-10.7%	7,5 ETP	+2.7%	7,3 ETP	+2.8%	7,1 ETP	-14.5%	8,3 ETP	+33.9%	6,2 ETP	+72.2%	3,6 ETP	+89.5%	1,9 ETP

Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 7 ended

Active mandates

Bhat Mukhtar Ahmad

Manager

Active

Ended mandates

Arlinda Neys

Chairman of the board of directors

Ended

Arlinda Neys

Director

Ended

Ignace Van Weyenbergh

Director

Ended

Ignace Van Weyenbergh

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
BHAGAT● Bankrupt	0736.791.412
UNIVERSAL BELGO-PAK● Bankrupt	0890.771.784

Annual accounts

Full financial information

	2020	2019	2018	2017	2016	2015
Type of account	Abridged model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016	01/01/2015
Closing of the financial year	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016	31/12/2015
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/03/2022	06/05/2021	28/06/2019	26/06/2018	23/06/2017	27/06/2016
General meeting	07/06/2021	01/06/2020	15/03/2019	18/06/2018	19/06/2017	20/06/2016
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2020	07/06/2021	13/03/2022	Dutch	PDF
Micro model	31/12/2019	01/06/2020	06/05/2021	Dutch	PDF
Micro model	31/12/2018	15/03/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	18/06/2015	Dutch	PDF
Abridged modelCorrection	31/12/2013	16/06/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	23/06/2014	Dutch	PDF
Abridged model	31/03/2012	18/09/2012	01/10/2012	Dutch	PDF
Abridged model	31/03/2011	20/09/2011	21/09/2011	Dutch	PDF
Abridged model	31/03/2010	21/09/2010	30/09/2010	Dutch	PDF
Abridged model	31/03/2009	15/09/2009	16/09/2009	Dutch	PDF
Abridged model	31/03/2008	16/09/2008	03/10/2008	Dutch	PDF
Abridged model	31/03/2007	18/09/2007	27/09/2007	Dutch	PDF

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 31/12/2020 · 1 active · 7 ended

Active mandates

Bhat Mukhtar Ahmad

Manager

Active

Ended mandates

Arlinda Neys

Chairman of the board of directors

Ended

Arlinda Neys

Director

Ended

Ignace Van Weyenbergh

Director

Ended

Ignace Van Weyenbergh

Managing director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other17/08/2017
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates29/04/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other20/03/2013
BOEKJAAR - ALGEMENE VERGADERING
PDF
Mandates31/12/2007
ONTSLAGEN - BENOEMINGEN
PDF
Other15/01/2007
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/04/2003
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2020
Annual accounts 202012,9 €↓
2019
Annual accounts 20194,1 k €↑
2018
Annual accounts 2018-15,3 k €↓
2017
Annual accounts 20171,5 k €↓
2016
Annual accounts 20164,6 k €↑
2015
Annual accounts 2015757,5 €↑
2014
Annual accounts 2014-2,9 k €↓
2013
Annual accounts 20137,3 k €↑
2012
Annual accounts 20126,1 k €↑
2011
Annual accounts 2011-15,3 k €↓
2010
Annual accounts 2010-3,3 k €↓
2009
Annual accounts 200915,7 k €↑
2008
Annual accounts 20087 k €↑
2007
Annual accounts 20076,9 k €
17/02/1989
IncorporationPrivate company with limited liability

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

MODI

Overview

What does MODI do?

Trend over 14 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline