ACTIVE

Modulax Bedding NV

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Financial year 2025 · closed on 31/12/2025

Net result

6,3 k €

-95.4% YoY

Gross margin

558 €

-99.7% YoY

Equity

327,2 k €

+2.0% YoY

What does Modulax Bedding NV do?

Modulax Bedding NV is a Public limited company incorporated in 1991. Its main activity is: Agents involved in the sale of furniture, household goods, hardware and ironmongery. Its registered office is in Bornem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.460.037

Incorporation

12/06/1991

Legal form

Public limited company

Registered office

Puursesteenweg(BOR) 399
2880 Bornem · FlandreSee on map

Contributed capital

348 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

46150Agents involved in the sale of furniture, household goods, hardware and ironmongery· main 46150Agents involved in the sale of furniture, household goods, hardware and ironmongery 51150Passenger air transport

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	558 €	-99.7%	179,1 k €	+189%	61,9 k €	-8.0%	67,3 k €	-15.8%	80 k €	-29.6%	113,6 k €	+69.1%	67,2 k €	+299%	16,8 k €	-22.7%	21,8 k €	-67.7%	67,5 k €	+241%	19,8 k €	-67.8%	61,5 k €	-14.1%	71,6 k €	-11.3%	80,7 k €	-22.9%	104,6 k €	+18.4%	88,4 k €	+101%	43,9 k €	+2087%	-2,2 k €
EBITDA	38 €	-100.0%	134,3 k €	+1115%	11,1 k €	-55.5%	24,8 k €	-38.0%	40,1 k €	-53.2%	85,5 k €	+299%	21,5 k €	+156%	-38 k €	-29.7%	-29,3 k €	-282%	16,1 k €	+155%	-29,2 k €	-280%	16,2 k €	-42.9%	28,4 k €	-21.9%	36,4 k €	-42.1%	62,8 k €	+7.8%	58,3 k €	+87.0%	31,2 k €	+1290%	-2,6 k €
Operating result	38 €	-100.0%	134,3 k €	+2703%	4,8 k €	-68.7%	15,3 k €	-45.2%	27,9 k €	-61.6%	72,6 k €	+1053%	6,3 k €	+111%	-56 k €	+2.5%	-57,4 k €	-130%	-25 k €	+65.2%	-71,9 k €	-142%	-29,7 k €	-45.9%	-20,3 k €	-138%	-8,6 k €	-350%	3,4 k €	+119%	1,6 k €	+974%	-179 €	+93.7%	-2,8 k €
Net result	6,3 k €	-95.4%	137,7 k €	+2196%	6 k €	-64.0%	16,7 k €	-42.6%	29 k €	-60.2%	72,9 k €	+1047%	6,4 k €	+111%	-58,8 k €	+2.3%	-60,2 k €	-105%	-29,4 k €	+60.8%	-74,9 k €	-83.0%	-40,9 k €	-25.8%	-32,6 k €	-223%	26,5 k €	+643%	3,6 k €	+346%	800 €	+195%	271 €	+114%	-1,9 k €
Balance sheet
Equity	327,2 k €	+2.0%	320,9 k €	+75.1%	183,3 k €	+3.4%	177,3 k €	+10.4%	160,6 k €	+22.0%	131,6 k €	+124%	58,7 k €	+12.1%	52,4 k €	-1.6%	53,2 k €	-53.1%	113,4 k €	+3954%	2,8 k €	-96.4%	77,7 k €	-34.5%	118,7 k €	-21.5%	151,2 k €	+21.2%	124,7 k €	+2.9%	121,2 k €	+0.7%	120,4 k €	+275%	32,1 k €
Total assets	327,3 k €	-0.6%	329,5 k €	+43.9%	229 k €	-9.7%	253,6 k €	+4.9%	241,7 k €	-6.3%	257,9 k €	-2.5%	264,5 k €	-7.0%	284,3 k €	-0.7%	286,2 k €	-8.3%	312,3 k €	-24.2%	412 k €	-8.2%	448,6 k €	-12.7%	513,9 k €	-14.0%	597,6 k €	+0.6%	594,1 k €	-12.5%	679 k €	+21.2%	560,3 k €	+1637%	32,3 k €
Cash	6,1 k €	+31.2%	4,6 k €	-81.5%	25 k €	-40.6%	42 k €	+35.8%	30,9 k €	-9.4%	34,1 k €	+5.9%	32,2 k €	-21.8%	41,2 k €	+307%	10,1 k €	+27.5%	7,9 k €	-75.9%	32,9 k €	+121%	14,9 k €	-38.1%	24,1 k €	+31.5%	18,3 k €	+121%	8,3 k €	-6.7%	8,9 k €	-74.5%	34,9 k €	+14737%	235 €
Debts	91 €	-98.9%	8,5 k €	-81.4%	45,7 k €	-40.1%	76,2 k €	-5.9%	80,9 k €	-35.7%	126 k €	-38.6%	205,2 k €	-11.0%	230,5 k €	-0.0%	230,6 k €	+16.2%	198,5 k €	-51.5%	408,9 k €	+10.4%	370,4 k €	-6.3%	395,2 k €	-11.5%	446,3 k €	-4.9%	469,4 k €	-15.9%	557,8 k €	+26.8%	439,9 k €	+255660%	172 €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	-8.3%	1,2 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

Hans Vandendriessche

Director

Active

Ended mandates

Hans Vandendriessche

Managing director · since 17 mai 2021

Ended

Tim Vandendriessche

Director · since 12 juillet 2016 · until 16 mai 2022

Ended

Hans Vandendriessche

Managing director · since 18 mai 2015 · until 30 juin 2021

Ended

Rita Van Noten

Director · since 18 mai 2015 · until 30 juin 2021

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/06/2026	04/06/2025	22/05/2024	05/06/2023	31/05/2022	21/05/2021
General meeting	15/04/2026	19/05/2025	20/05/2024	15/05/2023	16/05/2022	17/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	15/04/2026	18/06/2026	Dutch	PDF
Micro model	31/12/2024	19/05/2025	04/06/2025	Dutch	PDF
Micro model	31/12/2023	20/05/2024	22/05/2024	Dutch	PDF
Micro model	31/12/2022	15/05/2023	05/06/2023	Dutch	PDF
Micro model	31/12/2021	16/05/2022	31/05/2022	Dutch	PDF
Micro model	31/12/2020	17/05/2021	21/05/2021	Dutch	PDF
Micro model	31/12/2019	18/05/2020	26/05/2020	Dutch	PDF
Micro model	31/12/2018	22/05/2019	23/05/2019	Dutch	PDF
Micro model	31/12/2017	21/05/2018	14/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	24/05/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	05/06/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	31/05/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	19/05/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	04/06/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	26/05/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	01/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2025 · 1 active · 11 ended

Active mandates

Hans Vandendriessche

Director

Active

Ended mandates

Hans Vandendriessche

Managing director · since 17 mai 2021

Ended

Tim Vandendriessche

Director · since 12 juillet 2016 · until 16 mai 2022

Ended

Hans Vandendriessche

Managing director · since 18 mai 2015 · until 30 juin 2021

Ended

Rita Van Noten

Director · since 18 mai 2015 · until 30 juin 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other15/12/2025
BENAMING
PDF
Other08/06/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/08/2016
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/07/2009
BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/03/2005
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/07/2003
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 20256,3 k €↓
2025
Name changeMODULAX BEDDING
2024
Annual accounts 2024137,7 k €↑
2023
Annual accounts 20236 k €↓
2022
Annual accounts 202216,7 k €↓
2021
Annual accounts 202129 k €↓
2020
Annual accounts 202072,9 k €↑
2020
Name changeSLEEP 2
2019
Annual accounts 20196,4 k €↑
2018
Annual accounts 2018-58,8 k €↑
2017
Annual accounts 2017-60,2 k €↓
2016
Annual accounts 2016-29,4 k €↑
2015
Annual accounts 2015-74,9 k €↓
2014
Annual accounts 2014-40,9 k €↓
2013
Annual accounts 2013-32,6 k €↓
2012
Annual accounts 201226,5 k €↑
2011
Annual accounts 20113,6 k €↑
2010
Annual accounts 2010800 €↑
2009
Annual accounts 2009271 €↑
2009
Name changeSLEEP2
2008
Annual accounts 2008-1,9 k €
2008
Name changeVANDENDRIESSCHE
12/06/1991
IncorporationPublic limited company

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

Modulax Bedding NV

Overview

What does Modulax Bedding NV do?

Trend over 18 financial years

Indicative valuation

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