ACTIVE

INSTITUT MODERNE DEVELOPMENT

Financial year 2025 · closed on 31/10/2025
Net result
330,7 €
-94.5% YoY
Gross margin
-5,7 k €
+37.4% YoY
Equity
558 k €
+0.1% YoY

What does INSTITUT MODERNE DEVELOPMENT do?

INSTITUT MODERNE DEVELOPMENT is a Private limited company incorporated in 2017. Its registered office is in Anderlecht.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0671.851.197
Incorporation
27/02/2017
Legal form
Private limited company
Registered office
Avenue Frans van Kalken 9 box 8
1070 Anderlecht · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/10/2025
Signals
ProfitableSolid equityLow riskPositive cashflow
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin-5,7 k €-9,2 k €-10,1 k €951,5 k €3 k €3 k €8,5 k €-5,3 k €
EBITDA-5,7 k €-9,2 k €-10,1 k €830,7 k €3 k €3 k €7,6 k €-5,3 k €
Operating result-5,7 k €-9,2 k €-10,1 k €830,7 k €3 k €3 k €7,6 k €-5,3 k €
Net result330,7 €6,1 k €-10,1 k €558,9 k €1,4 k €27,2 €1,1 k €-5,9 k €
Balance sheet
Equity558 k €557,7 k €551,6 k €561,7 k €2,8 k €1,4 k €1,4 k €335,2 €
Total assets558 k €557,7 k €552,5 k €769 k €21,1 M €21,3 M €13,4 M €4,7 M €
Cash556,1 k €554,1 k €551,6 k €768,5 k €2,6 M €4,6 M €2,7 M €1,3 M €
Debts843,1 €207,3 k €21,1 M €21,3 M €13,4 M €4,7 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/10/2025 · 1 active · 8 ended

Active mandates

MICHIEL MAEYAERT

Manager · since 24 février 2017

Active

Ended mandates

MICHIEL MAEYAERT

Director · since 24 février 2017

Ended
SEBASTIEN VERVISCH

Manager · since 24 février 2017

Ended
VALERIE DUJARDYN

Manager · since 24 février 2017

Ended
WOUTER TORNEY

Manager · since 24 février 2017

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/11/202401/11/202301/11/202201/11/202101/11/202001/11/2019
Closing of the financial year31/10/202531/10/202431/10/202331/10/202231/10/202131/10/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/03/202628/05/202521/02/202422/05/202321/04/202231/05/2021
General meeting07/03/202622/05/202520/02/202420/04/202307/04/202201/04/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/10/202507/03/202626/03/2026FrenchPDF
Micro model31/10/202422/05/202528/05/2025FrenchPDF
Micro model31/10/202320/02/202421/02/2024FrenchPDF
Micro model31/10/202220/04/202322/05/2023FrenchPDF
Micro model31/10/202107/04/202221/04/2022FrenchPDF
Micro model31/10/202001/04/202131/05/2021FrenchPDF
Micro model31/10/201902/04/202012/05/2020FrenchPDF
Micro model31/10/201829/04/201928/05/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/10/2025 · 1 active · 8 ended

Active mandates

MICHIEL MAEYAERT

Manager · since 24 février 2017

Active

Ended mandates

MICHIEL MAEYAERT

Director · since 24 février 2017

Ended
SEBASTIEN VERVISCH

Manager · since 24 février 2017

Ended
VALERIE DUJARDYN

Manager · since 24 février 2017

Ended
WOUTER TORNEY

Manager · since 24 février 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/03/2017
    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 2025330,7 €
  2. 2024
    Annual accounts 20246,1 k €
  3. 2023
    Annual accounts 2023-10,1 k €
  4. 2022
    Annual accounts 2022558,9 k €
  5. 2021
    Annual accounts 20211,4 k €
  6. 2020
    Annual accounts 202027,2 €
  7. 2019
    Annual accounts 20191,1 k €
  8. 2018
    Annual accounts 2018-5,9 k €
  9. 27/02/2017
    IncorporationPrivate limited company