MODEK
0860.946.066 · rovalta.com · 22/09/2026
ACTIVE
MODEK
Financial year 2025 · closed on 31/12/2025
Net result
-17 k €
-27.3% YoY
Gross margin
8,4 k €
-32.7% YoY
Equity
683,4 k €
-2.4% YoY
Overview
What does MODEK do?
MODEK is a Public limited company incorporated in 2003. Its registered office is in Destelbergen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0860.946.066
Incorporation
08/10/2003
Legal form
Public limited company
Registered office
Zandberg(HEU) 39
9070 Destelbergen · FlandreSee on map
9070 Destelbergen · FlandreSee on map
Contributed capital
441 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 8,4 k € | -32.7% | 12,5 k € | +218% | -10,6 k € | -151% | 20,9 k € | -33.6% | 31,5 k € | +60.5% | 19,6 k € | -1.4% | 19,9 k € | -20.9% | 25,2 k € | -41.8% | 43,3 k € | -7.0% | 46,5 k € | +6.2% | 43,8 k € | -7.5% | 47,3 k € | -0.5% | 47,5 k € | +297% | 12 k € | -53.8% | 25,9 k € | +4.7% | 24,8 k € | -27.7% | 34,3 k € | +5.9% | 32,4 k € | +1.7% | 31,8 k € |
| EBITDA | 3,8 k € | -50.2% | 7,7 k € | +146% | -16,6 k € | -216% | 14,3 k € | -43.1% | 25,1 k € | +84.1% | 13,6 k € | -1.4% | 13,8 k € | -25.3% | 18,5 k € | -49.4% | 36,6 k € | -7.9% | 39,7 k € | +6.1% | 37,5 k € | -8.2% | 40,8 k € | -1.2% | 41,3 k € | +634% | 5,6 k € | -69.1% | 18,2 k € | -9.1% | 20,1 k € | -25.9% | 27,1 k € | -1.4% | 27,4 k € | +1.5% | 27 k € |
| Operating result | -17,3 k € | -29.4% | -13,4 k € | +63.2% | -36,3 k € | -183% | -12,8 k € | -872% | -1,3 k € | +88.9% | -11,9 k € | +0.6% | -12 k € | -56.1% | -7,7 k € | -306% | 3,7 k € | -53.6% | 8,1 k € | +39.3% | 5,8 k € | -36.5% | 9,1 k € | +570% | 1,4 k € | +104% | -35,4 k € | -35.6% | -26,1 k € | -7.5% | -24,3 k € | -38.6% | -17,5 k € | -69.5% | -10,3 k € | -898% | -1 k € |
| Net result | -17 k € | -27.3% | -13,3 k € | +63.3% | -36,4 k € | -182% | -12,9 k € | -719% | -1,6 k € | +86.8% | -11,9 k € | +0.8% | -12 k € | -56.1% | -7,7 k € | -303% | 3,8 k € | -52.3% | 8 k € | +41.0% | 5,6 k € | -37.7% | 9,1 k € | +582% | 1,3 k € | -97.7% | 58,6 k € | +324% | -26,1 k € | -7.5% | -24,3 k € | -38.8% | -17,5 k € | -68.2% | -10,4 k € | -954% | -988 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 683,4 k € | -2.4% | 700,3 k € | -1.9% | 713,7 k € | +115% | 331,9 k € | -3.7% | 344,8 k € | -3.0% | 355,3 k € | -3.2% | 367,2 k € | -3.2% | 379,2 k € | -2.0% | 386,9 k € | +1.0% | 383,1 k € | +2.1% | 375,2 k € | +1.5% | 369,5 k € | +2.5% | 360,5 k € | +0.4% | 359,1 k € | +19.5% | 300,5 k € | -8.0% | 326,6 k € | -6.9% | 351 k € | -4.8% | 368,5 k € | -2.7% | 378,9 k € |
| Total assets | 1,1 M € | -1.4% | 1,1 M € | -1.6% | 1,1 M € | +76.4% | 636,1 k € | -1.3% | 644,8 k € | -4.5% | 675,1 k € | -4.0% | 703 k € | -3.8% | 730,7 k € | -3.1% | 754,2 k € | -2.7% | 775,3 k € | -3.7% | 805,5 k € | -3.4% | 833,8 k € | -4.3% | 871,4 k € | -4.9% | 916,3 k € | -11.6% | 1 M € | -4.2% | 1,1 M € | -4.1% | 1,1 M € | -0.1% | 1,1 M € | +6.0% | 1,1 M € |
| Cash | 74,3 k € | -3.3% | 76,8 k € | +2.7% | 74,8 k € | +372% | 15,8 k € | -15.6% | 18,8 k € | +544% | 2,9 k € | -44.9% | 5,3 k € | -25.8% | 7,1 k € | +40.4% | 5,1 k € | -3.4% | 5,3 k € | +41.1% | 3,7 k € | +1031% | 330 € | -94.8% | 6,3 k € | -44.0% | 11,3 k € | +203% | 3,7 k € | -20.7% | 4,7 k € | -55.3% | 10,5 k € | -18.0% | 12,8 k € | +20.8% | 10,6 k € |
| Debts | 265,5 k € | +0.7% | 263,7 k € | -1.9% | 268,9 k € | -11.4% | 303,4 k € | +1.4% | 299,2 k € | -6.4% | 319,8 k € | -4.6% | 335,1 k € | -4.5% | 350,7 k € | -4.3% | 366,6 k € | -6.4% | 391,5 k € | -8.9% | 429,6 k € | -7.5% | 464,2 k € | -9.0% | 510,2 k € | -8.4% | 557,2 k € | -24.3% | 736,2 k € | -2.5% | 755,4 k € | -2.9% | 777,7 k € | +2.1% | 761,8 k € | +10.8% | 687,6 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 17 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 04/08/2026 | 24/06/2025 | 18/06/2024 | 09/06/2023 | 29/06/2022 | 23/08/2021 |
| General meeting | 05/06/2026 | 06/06/2025 | 07/06/2024 | 02/06/2023 | 03/06/2022 | 04/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 05/06/2026 | 04/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 06/06/2025 | 24/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 07/06/2024 | 18/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 02/06/2023 | 09/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 03/06/2022 | 29/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 04/06/2021 | 23/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 26/06/2020 | 31/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 07/06/2019 | 21/06/2019 | Dutch | |
| Micro model | 31/12/2017 | 30/06/2018 | 31/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 03/06/2017 | 23/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 03/06/2016 | 22/09/2016 | Dutch | |
| Abridged model | 31/12/2014 | 05/06/2015 | 14/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 06/06/2014 | 20/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 07/06/2013 | 22/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 01/06/2012 | 30/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 03/06/2011 | 14/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 04/06/2010 | 23/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 05/06/2009 | 28/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 06/06/2008 | 09/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 01/06/2007 | 06/08/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 17 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring15/04/2026KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates01/04/2020ONTSLAGEN - BENOEMINGEN
- Mandates03/01/2017ONTSLAGEN - BENOEMINGEN
- Mandates28/08/2015ONTSLAGEN - BENOEMINGEN
- Mandates02/07/2009ONTSLAGEN - BENOEMINGEN
- Capital / shares01/09/2004DIVERSEN - KAPITAAL - AANDELEN
- Other15/10/2003RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-17 k €↓
- 2024Annual accounts 2024-13,3 k €↑
- 2023Annual accounts 2023-36,4 k €↓
- 2022Annual accounts 2022-12,9 k €↓
- 2021Annual accounts 2021-1,6 k €↑
- 2019Annual accounts 2019-11,9 k €↑
- 2018Annual accounts 2018-12 k €↓
- 2017Annual accounts 2017-7,7 k €↓
- 2016Annual accounts 20163,8 k €↓
- 2015Annual accounts 20158 k €↑
- 2014Annual accounts 20145,6 k €↓
- 2013Annual accounts 20139,1 k €↑
- 2012Annual accounts 20121,3 k €↓
- 2011Annual accounts 201158,6 k €↑
- 2010Annual accounts 2010-26,1 k €↓
- 2009Annual accounts 2009-24,3 k €↓
- 2008Annual accounts 2008-17,5 k €↓
- 2007Annual accounts 2007-10,4 k €↓
- 2006Annual accounts 2006-988 €
- 08/10/2003IncorporationPublic limited company