NORMAL SITUATION

MODAL INSTALLATION

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Financial year 2023 · closed on 31/12/2023

Net result

148,3 k €

+50.4% YoY

Revenue

8,6 M €

-2.6% YoY

Equity

2,4 M €

+6.5% YoY

Workforce

43,1 ETP

-6.3% YoY

Company — Normal situation.

What does MODAL INSTALLATION do?

MODAL INSTALLATION is a company registered in Belgium. It employs on average 43,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.197.447

Legal form

Public limited company

Contributed capital

70 600,00 €

Latest accounts

31/12/2023

Average workforce

43,1 ETP

Joint committees (4)

149
14901
200
218

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	8,6 M €	-2.6%	8,9 M €	+4.1%	8,5 M €	-8.3%	9,3 M €	-3.8%	9,6 M €	-17.2%	11,6 M €	-20.0%	14,6 M €	+3.9%	14 M €	+4.5%	13,4 M €	-5.7%	14,2 M €	-30.8%	20,6 M €	+10.2%	18,6 M €	-10.6%	20,9 M €	+17.2%	17,8 M €	+42.0%	12,5 M €	+83.4%	6,8 M €	+53.7%	4,4 M €	+9.0%	4,1 M €
EBITDA	249,5 k €	+5.6%	236,4 k €	-61.3%	610,8 k €	-15.8%	725,5 k €	+497%	121,5 k €	-71.3%	423,2 k €	-56.3%	969,4 k €	-25.5%	1,3 M €	+98.4%	655,9 k €	-26.6%	893,4 k €	-33.7%	1,3 M €	+99.1%	676,4 k €	-42.6%	1,2 M €	+136%	499,6 k €	+0.1%	499 k €	+64.0%	304,2 k €	+41.6%	214,9 k €	+10.8%	193,9 k €
Operating result	240,3 k €	+43.8%	167,1 k €	-69.5%	548,6 k €	-19.0%	677,6 k €	+1002%	61,5 k €	-82.8%	357,9 k €	-58.8%	868,4 k €	-28.5%	1,2 M €	+119%	553,5 k €	-38.5%	899,4 k €	-23.6%	1,2 M €	+93.0%	610,1 k €	-44.5%	1,1 M €	+153%	434,7 k €	-7.6%	470,3 k €	+68.6%	278,9 k €	+54.4%	180,6 k €	+0.5%	179,7 k €
Net result	148,3 k €	+50.4%	98,6 k €	-73.4%	370 k €	-29.0%	520,9 k €	+41461%	1,3 k €	-99.5%	253,4 k €	-22.3%	326 k €	-71.1%	1,1 M €	+469%	198,7 k €	-74.6%	783 k €	-24.6%	1 M €	+725%	-166,1 k €	-120%	812,5 k €	+183%	287,5 k €	-34.4%	438,5 k €	+101%	218,6 k €	+127%	96,3 k €	-25.2%	128,8 k €
Balance sheet
Equity	2,4 M €	+6.5%	2,3 M €	+4.5%	2,2 M €	+20.4%	1,8 M €	+40.3%	1,3 M €	+0.1%	1,3 M €	+24.4%	1 M €	-10.7%	1,2 M €	0.0%	1,2 M €	-14.8%	1,4 M €	+0.0%	1,4 M €	-29.2%	1,9 M €	-7.9%	2,1 M €	+47.4%	1,4 M €	+25.4%	1,1 M €	+63.4%	692 k €	+46.2%	473,4 k €	+25.5%	377,1 k €
Total assets	4,5 M €	-4.3%	4,7 M €	+30.4%	3,6 M €	-7.7%	3,9 M €	-0.9%	3,9 M €	+20.1%	3,2 M €	-29.4%	4,6 M €	-16.4%	5,5 M €	+49.5%	3,7 M €	-17.6%	4,5 M €	-32.2%	6,6 M €	+13.1%	5,8 M €	-10.8%	6,5 M €	+56.1%	4,2 M €	+36.0%	3,1 M €	+67.9%	1,8 M €	+95.1%	940 k €	-35.2%	1,5 M €
Cash	1,5 M €	+201%	508,7 k €	+64.0%	310,3 k €	+88.3%	164,8 k €	-61.5%	427,6 k €	+345%	96,2 k €	-86.8%	729,5 k €	-53.5%	1,6 M €	+368%	335,2 k €	-72.9%	1,2 M €	+156%	484,6 k €	+637%	65,8 k €	-75.1%	264,3 k €	+1264%	19,4 k €	-93.8%	312,7 k €	+883%	31,8 k €	-92.5%	422,5 k €	-39.0%	692,1 k €
Debts	2 M €	-14.2%	2,4 M €	+109%	1,1 M €	-44.9%	2 M €	-21.5%	2,6 M €	+33.3%	2 M €	-45.0%	3,6 M €	-17.1%	4,3 M €	+70.6%	2,5 M €	-18.9%	3,1 M €	-40.6%	5,2 M €	+34.1%	3,9 M €	-12.3%	4,4 M €	+60.5%	2,8 M €	+43.6%	1,9 M €	+70.2%	1,1 M €	+143%	465,5 k €	-56.7%	1,1 M €
Other
Workforce	43,1 ETP	-6.3%	46,0 ETP	-1.9%	46,9 ETP	+1.1%	46,4 ETP	-18.0%	56,6 ETP	-19.0%	69,9 ETP	+2.8%	68,0 ETP	+50.4%	45,2 ETP	+51.7%	29,8 ETP	-4.8%	31,3 ETP	-0.9%	31,6 ETP	-9.2%	34,8 ETP	-29.8%	49,6 ETP	-24.7%	65,9 ETP	+16.8%	56,4 ETP	+19.7%	47,1 ETP	+26.3%	37,3 ETP	+2.2%	36,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 32 ended

Active mandates

Luis Monteiro Marques

Managing director · since 11 décembre 2023 · until 29 juin 2029

Active

Nuno Miguel Rodrigues Terras Marques

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Antonio Monteiro Borges

Director · since 04 mai 2021 · until 04 mai 2027

Active

Ended mandates

Antonio Monteiro Borges

Director · since 04 mai 2021

Ended

Luis Monteiro Marques

Managing director · since 04 mai 2021 · until 04 mai 2027

Ended

Nuno Miguel Rodrigues Terras Marques

Director · since 04 mai 2021 · until 04 mai 2027

Ended

Luis Monteiro Marques

Managing director · since 11 décembre 2017 · until 11 décembre 2023

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2024	12/06/2024	01/07/2023	20/10/2021	08/02/2021	26/09/2019
General meeting	28/06/2024	12/06/2024	30/06/2023	25/06/2021	26/06/2020	28/06/2019
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

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2023	28/06/2024	29/06/2024	French	PDF
Full model	31/12/2022	12/06/2024	12/06/2024	French	PDF
Full model	31/12/2021	30/06/2023	01/07/2023	French	PDF
Full model	31/12/2020	25/06/2021	20/10/2021	French	PDF
Full model	31/12/2019	26/06/2020	08/02/2021	French	PDF
Full model	31/12/2018	28/06/2019	26/09/2019	French	PDF
Full model	31/12/2017	29/06/2018	27/07/2018	French	PDF
Full model	31/12/2016	08/09/2017	28/09/2017	French	PDF
Full model	31/12/2015	24/06/2016	05/08/2016	French	PDF
Full model	31/12/2014	26/06/2015	31/07/2015	French	PDF
Full model	31/12/2013	27/06/2014	29/07/2014	French	PDF
Full model	31/12/2012	28/06/2013	31/08/2013	French	PDF
Full model	31/12/2011	29/06/2012	24/09/2012	French	PDF
Full model	31/12/2010	20/09/2011	23/09/2011	French	PDF
Full model	31/12/2009	02/08/2010	30/08/2010	French	PDF
Full model	31/12/2008	03/07/2009	28/08/2009	French	PDF
Full model	31/12/2007	27/06/2008	19/08/2008	French	PDF
Full model	31/12/2006	29/06/2007	28/08/2007	French	PDF
Full model	31/12/2005	30/06/2006	08/08/2006	French	PDF
Full model	31/12/2004	24/06/2005	06/07/2005	French	PDF
Full model	31/12/2003	25/06/2004	30/06/2004	French	PDF
Full model	31/12/2002	27/06/2003	24/07/2003	French	PDF
Full model	31/12/2001	28/06/2002	29/10/2002	French	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 31/12/2023 · 3 active · 32 ended

Active mandates

Luis Monteiro Marques

Managing director · since 11 décembre 2023 · until 29 juin 2029

Active

Nuno Miguel Rodrigues Terras Marques

Director · since 11 décembre 2023 · until 29 juin 2029

Active

Antonio Monteiro Borges

Director · since 04 mai 2021 · until 04 mai 2027

Active

Ended mandates

Antonio Monteiro Borges

Director · since 04 mai 2021

Ended

Luis Monteiro Marques

Managing director · since 04 mai 2021 · until 04 mai 2027

Ended

Nuno Miguel Rodrigues Terras Marques

Director · since 04 mai 2021 · until 04 mai 2027

Ended

Luis Monteiro Marques

Managing director · since 11 décembre 2017 · until 11 décembre 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution26/08/2024
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring28/06/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates29/05/2024
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

2023
Annual accounts 2023148,3 k €↑
2022
Annual accounts 202298,6 k €↓
2021
Annual accounts 2021370 k €↓
2020
Annual accounts 2020520,9 k €↑
2019
Annual accounts 20191,3 k €↓
2018
Annual accounts 2018253,4 k €↓
2017
Annual accounts 2017326 k €↓
2016
Annual accounts 20161,1 M €↑
2015
Annual accounts 2015198,7 k €↓
2014
Annual accounts 2014783 k €↓
2013
Annual accounts 20131 M €↑
2012
Annual accounts 2012-166,1 k €↓
2011
Annual accounts 2011812,5 k €↑
2010
Annual accounts 2010287,5 k €↓
2009
Annual accounts 2009438,5 k €↑
2008
Annual accounts 2008218,6 k €↑
2007
Annual accounts 200796,3 k €↓
2006
Annual accounts 2006128,8 k €

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 INSTALLATION

Overview

What does MODAL INSTALLATION do?

Trend over 18 financial years

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