ACTIVE

MODUVAN

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Financial year 2025 · closed on 31/12/2025
Net result
85,7 k €
-49.7% YoY
Gross margin
1,2 M €
-3.0% YoY
Equity
564,5 k €
+17.9% YoY
Workforce
8,8 ETP
-6.4% YoY

What does MODUVAN do?

MODUVAN is a Private limited company incorporated in 2015. Its registered office is in Kortemark. It employs on average 8,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0636.743.731
Incorporation
03/09/2015
Legal form
Private limited company
Registered office
Staatsbaan 63 box A
8610 Kortemark · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
8,8 ETP
Joint committees (2)
  • 112
  • 200
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin1,2 M €1,2 M €791,9 k €546,7 k €484,3 k €171,2 k €257,2 k €97,2 k €22,5 k €15,8 k €
EBITDA476,1 k €562,2 k €330,3 k €235,5 k €296,2 k €68,8 k €184,1 k €81,9 k €19,1 k €13,4 k €
Operating result210,6 k €273,9 k €103,7 k €94 k €163,9 k €-84,5 k €140,3 k €48,9 k €962,8 €12 k €
Net result85,7 k €170,3 k €44,2 k €60,1 k €142,7 k €-99,1 k €109,2 k €38,5 k €-1 k €7,7 k €
Balance sheet
Equity564,5 k €478,8 k €308,5 k €264,3 k €204,2 k €61,5 k €160,6 k €51,4 k €12,8 k €13,9 k €
Total assets4,5 M €4 M €3,5 M €3,1 M €2,3 M €1,8 M €453 k €280,5 k €146,6 k €33,4 k €
Cash463,5 k €141,3 k €131,1 k €195,3 k €175,7 k €113,1 k €51,3 k €46,4 k €9,2 k €12,5 k €
Debts3,9 M €3,4 M €3,1 M €2,8 M €2,1 M €1,8 M €292,4 k €229,1 k €133,7 k €19,6 k €
Other
Workforce8,8 ETP9,4 ETP7,6 ETP5,9 ETP3,4 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 31/12/2025 · 2 active · 2 ended

Active mandates

Ibe DERYCKERE

Director

Active
Thomas LOUWAGIE

Director

Active

Ended mandates

Ibe DERYCKERE

Manager

Ended
Thomas LOUWAGIE

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/03/202603/03/202526/02/202426/06/202331/01/202222/03/2021
General meeting21/03/202601/03/202523/02/202424/06/202329/01/202220/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/03/202625/03/2026DutchPDF
Abridged model31/12/202401/03/202503/03/2025DutchPDF
Abridged model31/12/202323/02/202426/02/2024DutchPDF
Abridged model31/12/202224/06/202326/06/2023DutchPDF
Abridged model31/12/202129/01/202231/01/2022DutchPDF
Micro model31/12/202020/03/202122/03/2021DutchPDF
Micro model31/12/201915/02/202020/03/2020DutchPDF
Micro model31/12/201804/05/201921/05/2019DutchPDF
Micro model31/12/201703/03/201807/03/2018DutchPDF
Abridged model31/12/201625/03/201706/04/2017DutchPDF
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 · 2 active · 2 ended

Active mandates

Ibe DERYCKERE

Director

Active
Thomas LOUWAGIE

Director

Active

Ended mandates

Ibe DERYCKERE

Manager

Ended
Thomas LOUWAGIE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/01/2021
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Other12/05/2017
    DIVERSEN
    PDF
  • Other07/09/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202585,7 k €↓
  2. 2024
    Annual accounts 2024170,3 k €↑
  3. 2023
    Annual accounts 202344,2 k €↓
  4. 2022
    Annual accounts 202260,1 k €↓
  5. 2021
    Annual accounts 2021142,7 k €↑
  6. 2020
    Annual accounts 2020-99,1 k €↓
  7. 2019
    Annual accounts 2019109,2 k €↑
  8. 2018
    Annual accounts 201838,5 k €↑
  9. 2017
    Annual accounts 2017-1 k €↓
  10. 2016
    Annual accounts 20167,7 k €
  11. 03/09/2015
    IncorporationPrivate limited company