ACTIVE

MODALITY

Financial year 2024 · closed on 31/12/2024
Net result
37,2 k €
-5.1% YoY
Gross margin
61,4 k €
+3.8% YoY
Equity
80,9 k €
+36.0% YoY

What does MODALITY do?

MODALITY is a Private limited company incorporated in 2022. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0783.271.733
Incorporation
10/03/2022
Legal form
Private limited company
Registered office
Martelarenplein 20E
3000 Leuven · FlandreSee on map
Contributed capital
2 800,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202420232022
Income statement
Gross margin61,4 k €59,1 k €25,4 k €
EBITDA59,6 k €57,8 k €25,4 k €
Operating result49,5 k €50,5 k €23,9 k €
Net result37,2 k €39,2 k €19,1 k €
Balance sheet
Equity80,9 k €59,5 k €21,1 k €
Total assets135,6 k €127,1 k €42,9 k €
Cash81,7 k €74,7 k €16,2 k €
Debts54,7 k €64,2 k €21,8 k €
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 31/12/2024 · 1 active

Active mandates

Antonio MARQUEZ JORGE

Director · since 10 mars 2022

Active
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Annual accounts

Full financial information

202420232022
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202310/03/2022
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months10 months
Filing date26/06/202531/07/202426/06/2023
General meeting11/06/202512/06/202408/06/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202411/06/202526/06/2025DutchPDF
Micro model31/12/202312/06/202431/07/2024DutchPDF
Micro model31/12/202208/06/202326/06/2023DutchPDF
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 31/12/2024 · 1 active

Active mandates

Antonio MARQUEZ JORGE

Director · since 10 mars 2022

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/03/2022
    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 202437,2 k €
  2. 2023
    Annual accounts 202339,2 k €
  3. 2022
    Annual accounts 202219,1 k €
  4. 10/03/2022
    IncorporationPrivate limited company