ACTIVE

MODIWORKS AUTOMOTIVE BELGIUM

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Financial year 2024 · Closed on 31/12/2024

Net result95,1 k €
Gross margin183 k €
Equity100,1 k €
Workforce61 650,0 ETP

Identity

Source · BCE/KBO

MODIWORKS AUTOMOTIVE BELGIUM is a Private limited company incorporated in 2023. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Antwerpen. It employs on average 61 650,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1000.939.733
Incorporation
09/10/2023
Legal form
Private limited company
Registered office
Kernenergiestraat 19
2610 Antwerpen · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2024
Average workforce
61 650,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 1 filing

Trend over 1 financial year

2024
Income statement
Gross margin183 k €
EBITDA121,2 k €
Operating result121,2 k €
Net result95,1 k €
Balance sheet
Equity100,1 k €
Total assets190,1 k €
Cash103,9 k €
Debts42,7 k €
Other
Workforce61 650,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active

Active mandates

Frank Michielsen

Director · since 04 octobre 2023

Active
Frank Michielsen Beheer BV

Mandate

Active

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Full financial information

Source · NBB
2024
Type of accountAbridged model
Start of the financial year04/10/2023
Closing of the financial year31/12/2024
Length of the financial year15 months
Filing date01/12/2025
General meeting08/05/2025
Currency of the financial yearEUR
NBB quality labelSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 1 filing
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202408/05/202501/12/2025DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active

Active mandates

Frank Michielsen

Director · since 04 octobre 2023

Active
Frank Michielsen Beheer BV

Mandate

Active

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other11/10/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 202495,1 k €
  2. 09/10/2023
    IncorporationPrivate limited company