Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MODERN V&A from Harelbeke, company number BE0427705761, closed financial year 2026 with a result of € 4,776 after tax. For that financial year MODERN V&A recorded revenue of € 87,623 and equity of € 705,058. Compared with financial year 2025, the result moved from € -4,222 to € 4,776. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 6, 2026.
€ 705,058
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,776
▲ still € 4,222 loss in 2025
Profit after tax over the fiscal year.
€ 64,880
▲ 16% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 621,754.
People and assets in 2026
€ 6,122
▼ 24% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 240,026
▼ 14% vs 2025
€ 40,156 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 314
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 73,680 | € 83,705 | € 82,225 | € 87,623 | ▲ 7% |
| Gross margin | € 49,184 | € 67,883 | € 58,046 | € 62,915 | ▲ 8% |
| Profit after taxes | € -10,931 | € 2,481 | € -4,222 | € 4,776 | ▲ € 8,998 |
| Equity | € 702,023 | € 704,504 | € 700,282 | € 705,058 | ▲ 1% |
| Total debts | € 566,462 | € 538,625 | € 473,429 | € 443,795 | ▼ 6% |
| Cash | € 93,839 | € 102,130 | € 55,956 | € 64,880 | ▲ 16% |
| Land & buildings | € 1,154,057 | € 1,125,683 | € 1,097,310 | € 1,068,937 | ▼ 3% |
| Retained profit | € 618,719 | € 621,200 | € 616,978 | € 621,754 | ▲ 1% |
| Bank debt | € 350,526 | € 315,189 | € 278,439 | € 240,026 | ▼ 14% |
| Balance sheet total | € 1,268,485 | € 1,243,129 | € 1,173,711 | € 1,148,853 | ▼ 2% |
Key figures of MODERN V&A, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MODERN V&A?
What happened at MODERN V&A in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 4,776. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Dendermonde. KBO
In short
From € 10,931 loss in 2023 to € 4,776 profit in 2026.
Best year ever: 2026, with € 4,776 profit.
Management
Behind MODERN V&A are Veerle Roedolf and Henk Vlaemynck. Henk Vlaemynck is also behind E3 HARELBEKE.
Directors
According to the 2026 annual accounts
Veerle Roedolf
Managing director
Establishments
Establishment units
Physical locations of this company
Platanenlaan 11
8530 Harelbeke
Steenweg van Grembergen 17
9200 Dendermonde
Active since 3 September 1985
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.705.761
- VAT number
- BE 0427.705.761
- Registered office
- Platanenlaan 11, 8530 Harelbeke
- Names & denominations
- MODERN V&A
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 1985
- Peppol
- Active · Active since 21 Oct 2026