ACTIVE

MODULARTE

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Financial year 2025 · closed on 30/09/2025
Net result
-12,2 k €
-2774.6% YoY
Gross margin
-3,5 k €
-185.7% YoY
Equity
-31,1 k €
-64.3% YoY

What does MODULARTE do?

MODULARTE is a Private limited company incorporated in 2008. Its main activity is: Rental and leasing of air transport equipment. Its registered office is in Knokke-Heist.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0807.483.032
Incorporation
28/10/2008
Legal form
Private limited company
Registered office
Bayauxlaan 67
8300 Knokke-Heist · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Activities (NACE)
77350Rental and leasing of air transport equipment· main77350Rental and leasing of air transport equipment33160Repair and maintenance of aircraft and spacecraft33160Repair and maintenance of aircraft and spacecraft46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft+2
Joint committees (1)
  • 124
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212019201820172016201520142013201220112010
Income statement
Gross margin-3,5 k €4,1 k €11,3 k €-420,1 €-28 k €-15 k €27,5 k €25,9 k €-18,2 k €20,9 k €-9,1 k €775 €2 k €81,9 k €-10,3 k €
EBITDA-4,6 k €3 k €9,2 k €-1,6 k €-29 k €8,7 k €1,4 k €24,8 k €-19,7 k €19,6 k €-9,7 k €329 €1,3 k €42,2 k €-31,6 k €
Operating result-4,6 k €3 k €9,2 k €-1,6 k €-29 k €8,7 k €1,4 k €23,2 k €-21,3 k €18 k €-9,7 k €329 €1,3 k €42,2 k €-34,5 k €
Net result-12,2 k €455,4 €4,1 k €-1,7 k €-29,3 k €6,2 k €1,3 k €20,5 k €-15,6 k €8 k €-12,3 k €227 €1,1 k €38,5 k €-35,7 k €
Balance sheet
Equity-31,1 k €-18,9 k €-19,4 k €-23,5 k €-21,8 k €28,4 k €22,2 k €20,9 k €371,9 €16 k €7,9 k €20,2 k €20 k €18,9 k €-17,1 k €
Total assets1,6 M €857,9 k €871,3 k €862 k €850,2 k €847,3 k €864,4 k €837,1 k €811,4 k €1,1 M €1 M €208,7 k €21,9 k €25,8 k €122,2 k €
Cash21,4 k €12,6 k €19,4 k €48,9 k €45,9 k €157,7 k €172,3 k €149,5 k €124,9 k €218,3 k €53,2 k €21,3 k €20,3 k €10,3 k €13 k €
Debts1,7 M €876,8 k €890,7 k €881,5 k €868,1 k €817,8 k €816,8 k €816,2 k €811 k €1 M €1 M €188,5 k €1,9 k €6,9 k €139,3 k €
Other
Workforce–0,0 ETP0,0 ETP––––––––––1,3 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 30/09/2025 · 2 active · 14 ended

Active mandates

Julie Hemelaer

Director · since 23 novembre 2023

Active
JUFRA

Director · since 01 octobre 2012 · 0885.824.190

Represented by Frank HEMELAER

Active

Ended mandates

July Hemelaer

Director · since 23 novembre 2013

Ended
July Hemelaer

Manager · since 23 novembre 2013

Ended
JUFRA

Manager · since 05 octobre 2012 · 0885.824.190

Represented by Frank Hemelaer

Ended
HVP

Chairman of the board of directors · since 01 octobre 2012 · 0817.135.126

Represented by Paul Vancouillie

Ended
At this address

Other companies at this address

CompanyCBE no.
BEPA● Active
0430.896.962
JUFRA bis● Active
0721.906.959
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/12/202515/04/202528/03/202407/06/202328/04/202230/04/2021
General meeting02/12/202518/03/202529/02/202431/03/202326/04/202226/04/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202502/12/202522/12/2025DutchPDF
Abridged model30/09/202418/03/202515/04/2025DutchPDF
Abridged model30/09/202329/02/202428/03/2024DutchPDF
Abridged model30/09/202231/03/202307/06/2023DutchPDF
Abridged model30/09/202126/04/202228/04/2022DutchPDF
Abridged model30/09/202026/04/202130/04/2021DutchPDF
Abridged model30/09/201917/03/202024/04/2020DutchPDF
Abridged model30/09/201831/03/201930/04/2019DutchPDF
Micro model30/09/201727/03/201827/04/2018DutchPDF
Abridged model30/09/201618/04/201728/04/2017DutchPDF
Abridged model30/09/201515/03/201615/04/2016DutchPDF
Abridged model30/09/201415/04/201517/04/2015DutchPDF
Abridged model30/09/201304/11/201312/12/2013DutchPDF
Abridged model30/09/201213/11/201205/12/2012DutchPDF
Abridged model30/09/201129/11/201119/12/2011DutchPDF
Abridged model30/09/201015/03/201121/03/2011DutchPDF
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 30/09/2025 · 2 active · 14 ended

Active mandates

Julie Hemelaer

Director · since 23 novembre 2023

Active
JUFRA

Director · since 01 octobre 2012 · 0885.824.190

Represented by Frank HEMELAER

Active

Ended mandates

July Hemelaer

Director · since 23 novembre 2013

Ended
July Hemelaer

Manager · since 23 novembre 2013

Ended
JUFRA

Manager · since 05 octobre 2012 · 0885.824.190

Represented by Frank Hemelaer

Ended
HVP

Chairman of the board of directors · since 01 octobre 2012 · 0817.135.126

Represented by Paul Vancouillie

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/10/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/01/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/03/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2012
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates13/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/02/2010
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL
    PDF
  • Mandates11/12/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/11/2008
    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 2025-12,2 k €↓
  2. 2024
    Annual accounts 2024455,4 €↓
  3. 2023
    Annual accounts 20234,1 k €↑
  4. 2022
    Annual accounts 2022-1,7 k €↑
  5. 2021
    Annual accounts 2021-29,3 k €↓
  6. 2019
    Annual accounts 20196,2 k €↑
  7. 2018
    Annual accounts 20181,3 k €↓
  8. 2017
    Annual accounts 201720,5 k €↑
  9. 2016
    Annual accounts 2016-15,6 k €↓
  10. 2015
    Annual accounts 20158 k €↑
  11. 2014
    Annual accounts 2014-12,3 k €↓
  12. 2013
    Annual accounts 2013227 €↓
  13. 2012
    Annual accounts 20121,1 k €↓
  14. 2011
    Annual accounts 201138,5 k €↑
  15. 2010
    Annual accounts 2010-35,7 k €
  16. 28/10/2008
    IncorporationPrivate limited company