MODUHOME
ActiveMODUHOME has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.14M and a net result of €73k. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 82% of 820 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+3
Solvency93▼-4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 4.63 in 2024; short-term debt: 25.1% and cash: 3.3% of total assets), and 32.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.9%
Return on assets
2.3%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-12-2025, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
on the day
2023
1 d early
2022
6 d early
2021
3 d early
2020
4 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€73k▲ 272%
2024 · €20k
2019: €41k
2020: €115k
2021: €937k
2022: €1.44M
2023: €1.39M
2024: €20k
2019 → 2025
Working capital
€1.72M▲ 15.5%
2024 · €1.49M
2019: €44k
2020: €-94k
2021: €1.07M
2022: €1.49M
2023: €2.56M
2024: €1.49M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.12M-€1.56M▲ 38.9%€2.95M▲ 89.4%€2.37M▼ 19.6%€2.14M▼ 10.0%
Operating result€1.26M-€1.96M▲ 55.3%€1.87M▼ 4.5%€31k▼ 98.3%€113k▲ 263%
Net result€937k-€1.44M▲ 53.3%€1.39M▼ 2.9%€20k▼ 98.6%€73k▲ 272%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 263% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.15M
Fixed assets
€640k▼ 53.5%
Current assets
€2.51M▲ 32.2%
Equity and liabilities €3.15M
Equity
€2.14M▼ 10.0%
Provisions
€0▼ 100%
Debt
€1.01M▲ 54.8%
The debt ratio rises from 20.0% to 32.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€202k▲
2024 · €128k
Cash flow
€161k▲
2024 · €117k
Solvency
67.9%▼
2024 · 72.5%
Current ratio
3.17▼
2024 · 4.63
Quick ratio
2.91▼
2024 · 4.12
Debt / equity
0.47▲
2024 · 0.28
ROE
3.4%▲
2024 · 0.8%
ROA
2.3%▲
2024 · 0.6%
Interest coverage
20.52▲
2024 · 15.70
Debt
€1.01M▲
2024 · €654k
Debt ≤ 1 year
€791k▲
2024 · €410k
Debt > 1 year
€221k▼
2024 · €244k
Income taxes
€31k▲
2024 · €12k
Staff costs
€256k▼
2024 · €318k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.27M€3.15M▼
Fixed assets21/28€1.38M€640k▼
Intangible fixed assets21€9k€7k▼
Tangible fixed assets22/27€1.37M€633k▼
Land and buildings22€471k€457k▼
Plant, machinery and equipment23€703k€38k▼
Furniture and vehicles24€193k€139k▼
Financial fixed assets28€550€550=
Current assets29/58€1.90M€2.51M▲
Stocks and contracts in progress3€207k€207k=
Stocks30/36€207k€207k=
Amounts receivable within one year40/41€1.41M€2.18M▲
Trade receivables40€390k€441k▲
Other amounts receivable41€1.02M€1.74M▲
Cash at bank and in hand54/58€271k€105k▼
Deferred charges and accrued income490/1€14k€15k▲
Equity and liabilities
Total equity and liabilities10/49€3.27M€3.15M▼
Equity10/15€2.37M€2.14M▼
Contributions10/11€19k€19k=
Reserves13€167k€128k▼
Distributable reserves133€167k€128k▼
Profit (loss) carried forward14€2.19M€1.99M▼
Provisions and deferred taxes16€247k-
Provisions for liabilities and charges160/5€247k-
Environmental obligations163€247k-
Amounts payable17/49€654k€1.01M▲
Amounts payable after more than one year17€244k€221k▼
Financial debts170/4€244k€221k▼
Amounts payable within one year42/48€410k€791k▲
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44€189k€376k▲
Suppliers440/4€189k€376k▲
Taxes, remuneration and social security45€53k€75k▲
Taxes450/3€5k€36k▲
Remuneration and social security454/9€48k€39k▼
Other amounts payable47/48€146k€317k▲
Income statement
Code20242025
Non-recurring operating income76A-€247k
Remuneration, social security and pensions62€318k€256k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€97k€88k▼
Other operating charges640/8€16k€10k▼
Gross operating margin9900€463k€468k▲
Operating profit (loss)9901€31k€113k▲
Financial income75/76B€8k€8▼
Recurring financial income75€8k€8▼
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€31k€104k▲
Income taxes67/77€12k€31k▲
Profit (loss) for the period9904€20k€73k▲
Profit (loss) for the period to be appropriated9905€20k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.79M€2.26M▼
Profit (loss) brought forward from the previous period14P€2.77M€2.19M▼
Transfer from equity791/2-€39k
Profit to be distributed694/7€600k€310k▼
Return on contributions (dividend)694€600k€310k▼
Social balance
Average headcount (FTE)90874.63.3▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-09
State Gazette act
RestructuringBoard meeting · Merger · Accounting effect3 facts ▸
State Gazette act
Restructuring
Board meeting · Merger · Accounting effect3 facts ▸
- Board meeting, 2026-09-03
- Merger, opération assimilée à une fusion par absorption (100% des actions détenues par l'absorbante), fusion par absorption
- Accounting effect, 2026-07-01
11-09
State Gazette act
RestructuringBoard meeting · Merger · Accounting effect3 facts ▸
State Gazette act
Restructuring
Board meeting · Merger · Accounting effect3 facts ▸
- Board meeting, 2026-09-03
- Merger, La SRL MODUHOME absorbante détient l’entièreté des actions de la SRL DRB IMMO absorbée, absorption
- Accounting effect, 2026-07-01
29-07
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 07/04/2026
- Registered-office move, Rue Carlos Gallaix(CH) 233, 7521 Tournai
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Weakest financial yearnet €20k ▼98.6%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Liquidity triplescurrent ratio 4.70
Current ratio from 1.42 to 4.70; short-term debt falls from €3.55M to €692k.
30-06
Financial
Equity above €2MEq €2.95M ▲89.4%
5 profitable years in a row build equity to €2.95M.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Highest result since 2019net €1.44M ▲53.3%
Operating result €1.96M, net result €1.44M, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Liquidity triplescurrent ratio 2.48
Current ratio from 0.96 to 2.48; short-term debt falls from €2.24M to €725k.
30-06
Financial
Equity above €1MEq €1.12M ▲504%
3 profitable years in a row build equity to €1.12M.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €150kEq €186k ▲162%
2 profitable years in a row build equity to €186k.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
06-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 3. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Carlos Gallaix(CH) 2337521 TournaiGround area
9,698 m²
Building footprint
1,660 m²
Volume, LiDAR
11,831 m³
2 parcels, Wallonia · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MODUHOME
since 20142.231.548.742
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57021A0021/00L005 | Wallonia | 8,351 m² | 1 · 1,337 m² | 12.5 m · 2 fl. |
| 57031B0400/00M002 | Wallonia | 1,347 m² | 1 · 324 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
2 transactionsTook over:DRB IMMO
Took over:MODUHOME RESSOURCE HUB
Recognitions · licences · registrations
Recognised contractor
3 categoriesMODUHOME SRL43341
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REBABO
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Entreprises BUTTIGNOL
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 3,844 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2014
Fiscal year end30-06
Abbreviation FR
MDH
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.