ACTIVE

MODAL VOICE

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Financial year 2025 · closed on 31/12/2025

Net result

-39,1 k €

-159.1% YoY

Gross margin

365,3 k €

-11.8% YoY

Equity

456 k €

-7.9% YoY

Workforce

6,2 ETP

+6.9% YoY

What does MODAL VOICE do?

MODAL VOICE is a Private limited company incorporated in 2000. Its main activity is: Electrical installation. Its registered office is in Binche. It employs on average 6,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.496.502

Incorporation

25/07/2000

Legal form

Private limited company

Registered office

Route de Charleroi(EP) 152
7134 Binche · WallonieSee on map

Contributed capital

188 592,01 €

Latest accounts

31/12/2025

Average workforce

6,2 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 70210Public relations and communication activities 73300Advertising and market research 70200Management consultancy activities 70220Business and other management consultancy activities+6

Joint committees (2)

14901
200

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	365,3 k €	-11.8%	414,3 k €	+9.4%	378,8 k €	-8.5%	414 k €	-39.9%	689,4 k €	-32.3%	1 M €	+10.5%	921,4 k €	-7.1%	991,4 k €	-8.0%	1,1 M €	-12.9%	1,2 M €	+9.6%	1,1 M €	+10.8%	1 M €	+1274%	74,1 k €	-6.9%	79,7 k €	+291%	20,4 k €	+792%	-2,9 k €
EBITDA	-24,5 k €	-130%	80,4 k €	+178%	-102,8 k €	-1446%	7,6 k €	-97.2%	272,9 k €	-55.7%	615,6 k €	+23.3%	499,1 k €	-11.2%	562,1 k €	-11.4%	634,4 k €	-25.3%	848,9 k €	+12.0%	757,6 k €	+87.1%	404,9 k €	+2513%	-16,8 k €	-227%	13,3 k €	+51.6%	8,7 k €	+366%	-3,3 k €
Operating result	-28,9 k €	-136%	79,8 k €	+152%	-154,8 k €	-2126%	7,6 k €	-97.2%	272,9 k €	-55.6%	615,1 k €	+23.4%	498,7 k €	-6.6%	534,1 k €	-5.5%	565 k €	-28.2%	786,8 k €	+16.1%	677,9 k €	+79.9%	376,9 k €	+1648%	-24,3 k €	-407%	7,9 k €	+42.8%	5,6 k €	+269%	-3,3 k €
Net result	-39,1 k €	-159%	66,2 k €	+142%	-158,4 k €	-18073%	881,1 €	-99.5%	191,7 k €	-57.8%	453,8 k €	+32.1%	343,4 k €	-6.0%	365,2 k €	-2.5%	374,6 k €	-26.8%	511,9 k €	+17.1%	437 k €	+80.2%	242,5 k €	+885%	-30,9 k €	-4087%	775 €	-42.1%	1,3 k €	+115%	-9,1 k €
Balance sheet
Equity	456 k €	-7.9%	495,2 k €	+15.4%	429 k €	-27.0%	587,3 k €	+0.2%	586,5 k €	+2.0%	574,8 k €	+36.5%	421,1 k €	-43.8%	749,2 k €	+95.1%	384,1 k €	-47.7%	733,7 k €	+1.6%	721,8 k €	+107%	349,3 k €	+1648%	-22,6 k €	-6855%	334 €	+176%	-441 €	+75.2%	-1,8 k €
Total assets	786,7 k €	-9.1%	865,5 k €	+7.3%	806,9 k €	-14.9%	947,8 k €	-28.0%	1,3 M €	-17.2%	1,6 M €	-2.8%	1,6 M €	+7.9%	1,5 M €	-40.0%	2,5 M €	+13.0%	2,2 M €	+20.7%	1,9 M €	+60.7%	1,2 M €	+3978%	28,3 k €	-18.0%	34,5 k €	-27.6%	47,6 k €	+1359%	3,3 k €
Cash	1,4 k €	+12.2%	1,2 k €	-98.4%	77,7 k €	-17.6%	94,2 k €	-82.1%	525,9 k €	-39.4%	868,1 k €	+158%	337,1 k €	+239%	99,4 k €	-72.3%	359 k €	-65.3%	1 M €	+82.3%	567,9 k €	+226%	174 k €	+39434%	440 €	-75.0%	1,8 k €	-84.8%	11,6 k €	+300%	2,9 k €
Debts	330,7 k €	-10.7%	370,3 k €	-2.0%	377,9 k €	+8.8%	347,3 k €	-52.4%	729,3 k €	-28.1%	1 M €	-16.5%	1,2 M €	+64.5%	738,5 k €	-65.0%	2,1 M €	+45.3%	1,5 M €	+28.1%	1,1 M €	+40.7%	804,8 k €	+1502%	50,2 k €	+47.3%	34,1 k €	-29.1%	48,1 k €	+856%	5 k €
Other
Workforce	6,2 ETP	+6.9%	5,8 ETP	-15.9%	6,9 ETP	+1.5%	6,8 ETP	+3.0%	6,6 ETP	-9.6%	7,3 ETP	+4.3%	7,0 ETP	-10.3%	7,8 ETP	-9.3%	8,6 ETP	+2.4%	8,4 ETP	+15.1%	7,3 ETP	0.0%	7,3 ETP	+143%	3,0 ETP	-11.8%	3,4 ETP	+325%	0,8 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 10 ended

Active mandates

J2C Invest

Director · 0759.998.463

Represented by Philippe MARILL

Active

Ended mandates

J2C Invest

Director · since 15 janvier 2021 · 0759.998.463

Represented by Philippe Marill

Ended

J2C Invest

Director · since 18 décembre 2020 · 0759.998.463

Represented by Philippe Marill

Ended

NASTA CONSEIL

Manager · since 24 septembre 2014 · 0476.197.546

Represented by Lucien Romeo

Ended

NASTA CONSEIL

Manager · since 24 septembre 2014 · 0476.197.546

Represented by Lucien Romeo

Ended

At this address

Other companies at this address

Company	CBE no.
J2C Invest● Active	0759.998.463
Méta Essentielles● Active	0786.232.807

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	07/07/2026	04/09/2025	30/09/2024	23/10/2023	04/07/2022	09/08/2021
General meeting	29/05/2026	29/08/2025	31/08/2024	20/04/2023	27/05/2022	30/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	07/07/2026	French	PDF
Abridged model	31/12/2024	29/08/2025	04/09/2025	French	PDF
Abridged model	31/12/2023	31/08/2024	30/09/2024	French	PDF
Abridged model	31/12/2022	20/04/2023	23/10/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	04/07/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	09/08/2021	French	PDF
Abridged model	31/12/2019	30/07/2020	31/07/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	28/06/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	27/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	28/07/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	29/06/2016	French	PDF
Abridged model	31/12/2014	29/05/2015	22/07/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	01/07/2014	French	PDF
Abridged model	31/12/2012	27/06/2013	29/07/2013	French	PDF
Abridged model	31/12/2011	09/03/2012	29/03/2012	French	PDF
Abridged model	31/12/2010	26/01/2011	23/02/2011	Dutch	PDF
Abridged model	31/12/2009	11/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	12/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	13/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	08/05/2007	31/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 10 ended

Active mandates

J2C Invest

Director · 0759.998.463

Represented by Philippe MARILL

Active

Ended mandates

J2C Invest

Director · since 15 janvier 2021 · 0759.998.463

Represented by Philippe Marill

Ended

J2C Invest

Director · since 18 décembre 2020 · 0759.998.463

Represented by Philippe Marill

Ended

NASTA CONSEIL

Manager · since 24 septembre 2014 · 0476.197.546

Represented by Lucien Romeo

Ended

NASTA CONSEIL

Manager · since 24 septembre 2014 · 0476.197.546

Represented by Lucien Romeo

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/02/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office23/11/2023
SIEGE SOCIAL
PDF
Other02/05/2022
MODIFICATION FORME JURIDIQUE - OBJET
PDF
Mandates11/02/2021
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Mandates25/01/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office20/07/2015
SIEGE SOCIAL
PDF
Restructuring15/10/2014
DENOMINATION - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring01/08/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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 2025-39,1 k €↓
2024
Annual accounts 202466,2 k €↑
2023
Annual accounts 2023-158,4 k €↓
2022
Annual accounts 2022881,1 €↓
2021
Annual accounts 2021191,7 k €↓
2020
Annual accounts 2020453,8 k €↑
2019
Annual accounts 2019343,4 k €↓
2018
Annual accounts 2018365,2 k €↓
2017
Annual accounts 2017374,6 k €↓
2016
Annual accounts 2016511,9 k €↑
2015
Annual accounts 2015437 k €↑
2014
Annual accounts 2014242,5 k €↑
2013
Annual accounts 2013-30,9 k €↓
2012
Annual accounts 2012775 €↓
2011
Annual accounts 20111,3 k €↑
2010
Annual accounts 2010-9,1 k €
25/07/2000
IncorporationPrivate 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

MODAL VOICE

Overview

What does MODAL VOICE do?

Trend over 16 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