OPENING OF BANKRUPTCY

MODRICOM

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Financial year 2024 · closed on 31/12/2024
Net result
-869,2 k €
-51.5% YoY
Gross margin
-238,3 k €
+49.5% YoY
Equity
-1,3 M €
-190.7% YoY
Workforce
0,0 ETP

Company — Opening of bankruptcy.

What does MODRICOM do?

MODRICOM is a Private limited company incorporated in 2016. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Herent.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0649.637.308
Incorporation
04/03/2016
Legal form
Private limited company
Registered office
Brusselsesteenweg 55 box 1
3020 Herent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.31001Manufacture of furniture31002Manufacture of furniture31004Manufacture of furniture31009Manufacture of furniture+7
Joint committees (1)
  • 200
Contacts
2 public details availableLog in to view
Signals
Healthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20242023202220212020201920182017
Income statement
Gross margin-238,3 k €-471,8 k €143,7 k €183,8 k €58,3 k €5,2 k €27,2 k €11,5 k €
EBITDA-429,1 k €-494,1 k €116,2 k €176,1 k €58,2 k €2,2 k €26 k €9,8 k €
Operating result-483,5 k €-548,5 k €45,2 k €92 k €57,1 k €-10,7 k €12,5 k €-8,1 k €
Net result-869,2 k €-573,8 k €5,7 k €65,7 k €44,4 k €-12,8 k €8 k €-11,8 k €
Balance sheet
Equity-1,3 M €-455,8 k €117,9 k €106 k €40,3 k €-4,1 k €8,7 k €640,8 €
Total assets1,7 M €2,3 M €2,4 M €929,6 k €256,9 k €298 k €63 k €42 k €
Cash1,3 k €1,7 k €11,4 k €22 k €5 k €2,9 k €17,5 k €6,8 k €
Debts3,1 M €2,7 M €2,3 M €823,6 k €216,6 k €302,1 k €54,3 k €41,1 k €
Other
Workforce0,0 ETP0,0 ETP––––––
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Joost Busschaert

Director · since 04 mai 2022

Active

Ended mandates

Joost Busschaert

Director

Ended
Joost Busschaert

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Help de Kinderen van de Oorlog● Active
0450.645.271
Orsoi● Bankrupt
0788.778.561
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/11/202502/06/202525/09/202322/06/202216/06/202115/09/2020
General meeting30/06/202528/06/202431/05/202331/05/202231/05/202125/08/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202504/11/2025DutchPDF
Abridged model31/12/202328/06/202402/06/2025DutchPDF
Micro model31/12/202231/05/202325/09/2023DutchPDF
Micro model31/12/202131/05/202222/06/2022DutchPDF
Micro model31/12/202031/05/202116/06/2021DutchPDF
Micro model31/12/201925/08/202015/09/2020DutchPDF
Micro model31/12/201831/05/201926/06/2019DutchPDF
Micro model31/12/201731/05/201828/06/2018DutchPDF
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 31/12/2024 · 1 active · 2 ended

Active mandates

Joost Busschaert

Director · since 04 mai 2022

Active

Ended mandates

Joost Busschaert

Director

Ended
Joost Busschaert

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office04/06/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/08/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office04/04/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office04/07/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/03/2016
    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. 2024
    Annual accounts 2024-869,2 k €↓
  2. 2023
    Annual accounts 2023-573,8 k €↓
  3. 2022
    Annual accounts 20225,7 k €↓
  4. 2021
    Annual accounts 202165,7 k €↑
  5. 2020
    Annual accounts 202044,4 k €↑
  6. 2019
    Annual accounts 2019-12,8 k €↓
  7. 2018
    Annual accounts 20188 k €↑
  8. 2017
    Annual accounts 2017-11,8 k €
  9. 04/03/2016
    IncorporationPrivate limited company