ACTIVE

MODENO

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Financial year 2026 · closed on 28/02/2026

Net result

14 k €

+24.4% YoY

Gross margin

924,2 k €

+2.9% YoY

Equity

1,4 M €

+1.0% YoY

Workforce

15,9 ETP

+1.3% YoY

What does MODENO do?

MODENO is a Public limited company incorporated in 1991. Its main activity is: Wholesale of textiles. Its registered office is in Kortrijk. It employs on average 15,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.906.633

Incorporation

22/08/1991

Legal form

Public limited company

Registered office

Meensesteenweg(Bis) 449
8501 Kortrijk · FlandreSee on map

Contributed capital

1 075 000,00 €

Latest accounts

28/02/2026

Average workforce

15,9 ETP

Activities (NACE)

46412Wholesale of textiles· main 46412Wholesale of textiles 46424Wholesale of clothing and footwear 46424Wholesale of clothing and footwear 51410Air transport 47716Retail sale of clothing in specialised stores+5

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	924,2 k €	+2.9%	897,9 k €	+2.8%	873,2 k €	-6.5%	934,3 k €	+83.2%	510,1 k €	+309%	124,8 k €	-45.6%	229,3 k €	-9.9%	254,7 k €	+9.8%	232 k €		–		–		–		–		–		–		–		–		337,7 k €	+59.7%	211,4 k €	+124%	94,6 k €
EBITDA	200,2 k €	+13.9%	175,7 k €	-18.5%	215,6 k €	-32.8%	320,9 k €	+419%	61,8 k €	+156%	-110,5 k €	-4490%	-2,4 k €	-119%	12,6 k €	-54.3%	27,7 k €	+115%	12,9 k €	-68.2%	40,4 k €	-55.0%	89,7 k €	-1.7%	91,2 k €	-14.7%	106,9 k €	-31.9%	157 k €	-25.7%	211,2 k €	+8.4%	194,7 k €	+46.5%	132,9 k €	+0.6%	132,1 k €	+206%	43,1 k €
Operating result	48,9 k €	+50.3%	32,6 k €	+22.6%	26,6 k €	-86.7%	199,8 k €	+940%	-23,8 k €	+87.1%	-184,4 k €	-1390%	-12,4 k €	-299%	6,2 k €	-68.9%	20 k €	+408%	3,9 k €	-83.4%	23,7 k €	-62.6%	63,4 k €	+3.9%	61 k €	-21.2%	77,4 k €	-41.3%	131,8 k €	-20.9%	166,6 k €	+11.8%	149 k €	+69.6%	87,9 k €	-20.8%	110,9 k €	+998%	10,1 k €
Net result	14 k €	+24.4%	11,3 k €	-0.5%	11,3 k €	-95.1%	231,7 k €	+28777%	802,5 €	+100%	-164 k €	-2568%	6,6 k €	+192%	2,3 k €	-79.3%	11 k €	+9.2%	10,1 k €	-49.5%	19,9 k €	-55.9%	45,1 k €	+12.3%	40,2 k €	-3.3%	41,6 k €	-29.4%	58,9 k €	-72.3%	212,5 k €	-88.3%	1,8 M €	+1744%	98,1 k €	-86.4%	719,2 k €	+638%	97,5 k €
Balance sheet
Equity	1,4 M €	+1.0%	1,4 M €	+0.8%	1,4 M €	+0.8%	1,4 M €	+20.0%	1,2 M €	+0.1%	1,2 M €	+260%	321,9 k €	+2.1%	315,3 k €	+0.7%	313 k €	+3.6%	302 k €	+3.4%	292 k €	+7.3%	272,1 k €	+19.9%	226,9 k €	+21.5%	186,7 k €	+0.9%	185,1 k €	+5.0%	176,2 k €	+110%	83,7 k €	-94.5%	1,5 M €	+7.8%	1,4 M €	+104%	689,4 k €
Total assets	3,9 M €	+6.0%	3,7 M €	-8.0%	4 M €	-25.4%	5,4 M €	+13.7%	4,7 M €	+10.2%	4,3 M €	+38.3%	3,1 M €	-4.8%	3,3 M €	+2.5%	3,2 M €	+20.7%	2,6 M €	+1.9%	2,6 M €	+7.1%	2,4 M €	+26.8%	1,9 M €	-8.5%	2,1 M €	-8.8%	2,3 M €	-1.6%	2,3 M €	-5.1%	2,4 M €	+35.0%	1,8 M €	-13.1%	2,1 M €	+138%	873 k €
Cash	182,2 k €	+45.5%	125,2 k €	-55.5%	281,4 k €	+26.1%	223,2 k €	-7.1%	240,2 k €	+66.8%	143,9 k €	+668%	18,7 k €	-24.9%	25 k €	+24.8%	20 k €	-11.9%	22,7 k €	-47.0%	42,8 k €	-4.1%	44,6 k €	+18.8%	37,6 k €	-0.2%	37,6 k €	-27.0%	51,5 k €	+47.4%	35 k €	-8.3%	38,1 k €	-82.3%	215,5 k €	-8.0%	234,3 k €	+4936%	4,7 k €
Debts	2,5 M €	+8.9%	2,3 M €	-12.8%	2,6 M €	-34.7%	4 M €	+11.5%	3,6 M €	+13.9%	3,1 M €	+12.6%	2,8 M €	-5.5%	2,9 M €	+2.7%	2,9 M €	+23.0%	2,3 M €	+1.7%	2,3 M €	+7.2%	2,1 M €	+28.0%	1,7 M €	-11.4%	1,9 M €	-9.3%	2,1 M €	-2.3%	2,1 M €	-9.6%	2,4 M €	+714%	289,1 k €	-57.0%	672,2 k €	+280%	176,7 k €
Other
Workforce	15,9 ETP	+1.3%	15,7 ETP	+9.0%	14,4 ETP	-1.4%	14,6 ETP	+19.7%	12,2 ETP	+37.1%	8,9 ETP	+61.8%	5,5 ETP	0.0%	5,5 ETP	0.0%	5,5 ETP	-17.9%	6,7 ETP	+6.3%	6,3 ETP	+1.6%	6,2 ETP	-7.5%	6,7 ETP	0.0%	6,7 ETP	0.0%	6,7 ETP	+1.5%	6,6 ETP	+3.1%	6,4 ETP	-1.5%	6,5 ETP	+141%	2,7 ETP	+170%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 28/02/2026 · 1 active · 25 ended

Active mandates

XEROS

Director · since 01 janvier 2024 · until 29 mai 2029 · 0894.647.430

Represented by Luc Notredame

Active

Ended mandates

XEROS

Director · since 01 janvier 2024 · until 29 mai 2029 · 0894.647.430

Represented by Luc Notredame

Ended

KIBO

Director · since 08 septembre 2020 · until 31 décembre 2023 · 0806.944.681

Represented by Luc Notredame

Ended

KIBO

Managing director · since 08 septembre 2020 · until 07 septembre 2026 · 0806.944.681

Represented by Luc Notredame

Ended

KIBO

Director · since 08 septembre 2020 · until 07 septembre 2026 · 0806.944.681

Represented by Luc Notredame

Ended

At this address

Other companies at this address

Company	CBE no.
GranTurismo Motors● Active	0647.529.240
Immodeno● Active	0453.859.337
KIBO● Active	0806.944.681
More Fashion● Active	0466.119.840
Prof Retail● Active	0835.603.134
Strike● Active	0893.809.963
SUN & NAIL ART ZONNECENTRUM & NAGELSTUDIO● Active	0478.050.840
TONICKX● Bankrupt	0452.402.456

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/03/2025	01/03/2024	01/03/2023	01/03/2022	01/03/2021	01/03/2020
Closing of the financial year	28/02/2026	28/02/2025	29/02/2024	28/02/2023	28/02/2022	28/02/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/07/2026	26/06/2025	07/06/2024	25/05/2023	29/07/2022	22/07/2021
General meeting	12/06/2026	27/05/2025	28/05/2024	24/05/2023	30/06/2022	25/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	28/02/2026	12/06/2026	10/07/2026	Dutch	PDF
Abridged model	28/02/2025	27/05/2025	26/06/2025	Dutch	PDF
Abridged model	29/02/2024	28/05/2024	07/06/2024	Dutch	PDF
Abridged model	28/02/2023	24/05/2023	25/05/2023	Dutch	PDF
Abridged model	28/02/2022	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	28/02/2021	25/06/2021	22/07/2021	Dutch	PDF
Abridged model	29/02/2020	17/06/2020	16/07/2020	Dutch	PDF
Abridged model	28/02/2019	18/06/2019	18/07/2019	Dutch	PDF
Abridged model	28/02/2018	29/05/2018	29/06/2018	Dutch	PDF
Full model	28/02/2017	30/05/2017	29/06/2017	Dutch	PDF
Full model	29/02/2016	31/05/2016	28/06/2016	Dutch	PDF
Full model	28/02/2015	26/05/2015	25/06/2015	Dutch	PDF
Full model	28/02/2014	27/05/2014	27/06/2014	Dutch	PDF
Full model	28/02/2013	28/05/2013	11/06/2013	Dutch	PDF
Full model	29/02/2012	29/05/2012	22/06/2012	Dutch	PDF
Full model	28/02/2011	31/05/2011	30/06/2011	Dutch	PDF
Full model	28/02/2010	25/05/2010	21/06/2010	Dutch	PDF
Abridged modelCorrection	28/02/2009	26/05/2009	16/07/2009	Dutch	PDF
Abridged model	28/02/2009	26/05/2009	22/06/2009	Dutch	PDF
Abridged model	29/02/2008	30/06/2008	10/07/2008	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	03/12/2007	Dutch	PDF
Abridged model	30/06/2006	02/12/2006	12/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 28/02/2026 · 1 active · 25 ended

Active mandates

XEROS

Director · since 01 janvier 2024 · until 29 mai 2029 · 0894.647.430

Represented by Luc Notredame

Active

Ended mandates

XEROS

Director · since 01 janvier 2024 · until 29 mai 2029 · 0894.647.430

Represented by Luc Notredame

Ended

KIBO

Director · since 08 septembre 2020 · until 31 décembre 2023 · 0806.944.681

Represented by Luc Notredame

Ended

KIBO

Managing director · since 08 septembre 2020 · until 07 septembre 2026 · 0806.944.681

Represented by Luc Notredame

Ended

KIBO

Director · since 08 septembre 2020 · until 07 septembre 2026 · 0806.944.681

Represented by Luc Notredame

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/11/2020
KAPITAAL - AANDELEN
PDF
Mandates06/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/10/2011
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

2026
Annual accounts 202614 k €↑
2025
Annual accounts 202511,3 k €↓
2024
Annual accounts 202411,3 k €↓
2023
Annual accounts 2023231,7 k €↑
2022
Annual accounts 2022802,5 €↑
2021
Annual accounts 2021-164 k €↓
2020
Annual accounts 20206,6 k €↑
2019
Annual accounts 20192,3 k €↓
2018
Annual accounts 201811 k €↑
2017
Annual accounts 201710,1 k €↓
2016
Annual accounts 201619,9 k €↓
2015
Annual accounts 201545,1 k €↑
2014
Annual accounts 201440,2 k €↓
2013
Annual accounts 201341,6 k €↓
2012
Annual accounts 201258,9 k €↓
2011
Annual accounts 2011212,5 k €↓
2010
Annual accounts 20101,8 M €↑
2009
Annual accounts 200998,1 k €↓
2008
Annual accounts 2008719,2 k €↑
2008
Name changeMODENO
2007
Annual accounts 200797,5 k €
2007
Name changeDENO CONSULT
22/08/1991
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

MODENO

Overview

What does MODENO do?

Trend over 20 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