ACTIVE

MODEL LINE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-49 k €

-343.9% YoY

Gross margin

-46,9 k €

-206.1% YoY

Equity

319,7 k €

-13.3% YoY

What does MODEL LINE do?

MODEL LINE is a Public limited company incorporated in 1993. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.284.589

Incorporation

03/06/1993

Legal form

Public limited company

Registered office

Square Robert Goldschmidt 20
1050 Ixelles · BruxellesSee on map

Contributed capital

68 500,00 €

Latest accounts

31/12/2025

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	-46,9 k €	-206%	44,1 k €	-40.1%	73,6 k €	+11.2%	66,2 k €	+17.7%	56,3 k €	+39.3%	40,4 k €	-25.4%	54,2 k €	-5.4%	57,3 k €	+3.5%	55,4 k €	+40.8%	39,3 k €	+154%	15,5 k €	+245%	4,5 k €	+107%	2,2 k €	-82.5%	12,4 k €	-47.5%	23,6 k €
EBITDA	-46,9 k €	-207%	43,7 k €	-40.6%	73,6 k €	+11.2%	66,2 k €	+18.5%	55,9 k €	+40.0%	39,9 k €	-26.3%	54,2 k €	-4.9%	57 k €	+3.1%	55,3 k €	+40.7%	39,3 k €	+155%	15,4 k €	+250%	4,4 k €	+112%	2,1 k €	-83.1%	12,3 k €	-46.0%	22,8 k €
Operating result	-47,5 k €	-209%	43,7 k €	-40.6%	73,6 k €	+11.2%	66,2 k €	+18.5%	55,9 k €	+40.0%	39,9 k €	-26.3%	54,2 k €	-4.9%	57 k €	+3.5%	55,1 k €	+44.6%	38,1 k €	+168%	14,2 k €	+356%	3,1 k €	+563%	470 €	-95.0%	9,5 k €	-38.3%	15,3 k €
Net result	-49 k €	-344%	20,1 k €	-52.1%	42 k €	+15.5%	36,3 k €	+12.8%	32,2 k €	+63.3%	19,7 k €	-28.7%	27,7 k €	-11.6%	31,3 k €	-3.1%	32,3 k €	+50.3%	21,5 k €	+205%	7 k €	+6670%	104 €	-98.6%	7,3 k €	+50.8%	4,9 k €	-26.2%	6,6 k €
Balance sheet
Equity	319,7 k €	-13.3%	368,7 k €	+5.8%	348,6 k €	+13.7%	306,7 k €	+13.4%	270,3 k €	+13.5%	238,1 k €	+9.0%	218,4 k €	+14.5%	190,7 k €	+19.6%	159,4 k €	+25.4%	127,1 k €	+20.4%	105,6 k €	+7.1%	98,6 k €	+0.1%	98,5 k €	+8.1%	91,1 k €	+5.6%	86,2 k €
Total assets	351,4 k €	-18.9%	433,2 k €	+2.3%	423,4 k €	+12.2%	377,4 k €	+13.6%	332,1 k €	+9.8%	302,6 k €	+2.9%	294,2 k €	+14.3%	257,3 k €	+21.0%	212,7 k €	+28.7%	165,2 k €	+17.1%	141 k €	+19.0%	118,5 k €	-0.7%	119,4 k €	+2.8%	116,1 k €	-18.7%	142,7 k €
Cash	197 €	-99.1%	21,1 k €	+23.0%	17,1 k €	+782%	1,9 k €		–		–		4 €		–		36 €	-7.7%	39 €		–		–		280 €	-82.3%	1,6 k €		–
Debts	31,7 k €	-50.9%	64,5 k €	-13.8%	74,8 k €	+5.7%	70,7 k €	+14.5%	61,8 k €	-4.2%	64,5 k €	-15.0%	75,8 k €	+13.9%	66,6 k €	+24.9%	53,3 k €	+40.8%	37,8 k €	+6.7%	35,5 k €	+77.4%	20 k €	+31.7%	15,2 k €	-21.3%	19,3 k €	-65.9%	56,5 k €

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 31/12/2025 · 1 active · 3 ended

Active mandates

JACKY HOBART

Mandate

Active

Ended mandates

BARBARA ANDRE

Mandate

Ended

BARBARA ANDRE

Director

Ended

JACKY HOBART

Managing director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Abridged model	Abridged model	Abridged 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	17/08/2026	20/08/2025	23/08/2024	25/08/2023	25/08/2022	30/08/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	06/06/2022	07/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	17/08/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	20/08/2025	French	PDF
Micro model	31/12/2023	03/06/2024	23/08/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	25/08/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	25/08/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	01/06/2020	28/08/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	22/08/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	18/09/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	19/08/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	21/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	20/08/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	28/08/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	27/08/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	22/08/2007	French	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 31/12/2025 · 1 active · 3 ended

Active mandates

JACKY HOBART

Mandate

Active

Ended mandates

BARBARA ANDRE

Mandate

Ended

BARBARA ANDRE

Director

Ended

JACKY HOBART

Managing director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/01/2025
Démission '
PDF
Other16/04/2024
Renouvellement de mandats '
PDF
Mandates26/10/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates26/07/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates26/02/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates26/02/2009
DEMISSIONS, NOMINATIONS
PDF
Registered office16/11/2005
SIEGE SOCIAL
PDF
Mandates03/10/2002
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
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 2025-49 k €↓
2024
Annual accounts 202420,1 k €↓
2023
Annual accounts 202342 k €↑
2022
Annual accounts 202236,3 k €↑
2021
Annual accounts 202132,2 k €↑
2020
Annual accounts 202019,7 k €↓
2019
Annual accounts 201927,7 k €↓
2018
Annual accounts 201831,3 k €↓
2017
Annual accounts 201732,3 k €↑
2016
Annual accounts 201621,5 k €↑
2015
Annual accounts 20157 k €↑
2014
Annual accounts 2014104 €↓
2013
Annual accounts 20137,3 k €↑
2012
Annual accounts 20124,9 k €↓
2011
Annual accounts 20116,6 k €
03/06/1993
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

MODEL LINE

Overview

What does MODEL LINE do?

Trend over 15 financial years

Indicative valuation

Board of directors

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