Financials
Financial year 2026
MODENO from Kortrijk, company number BE0444906633, closed financial year 2026 with a result of € 14,024 after tax. For that financial year MODENO recorded a gross margin of € 924,241 and equity of € 1.4 million. Compared with financial year 2025, the result moved from € 11,274 to € 14,024. 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 July 10, 2026.
€ 1.4 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,024
▲ 24% vs 2025
Profit after tax over the fiscal year.
€ 182,185
▲ 46% 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 € 352,069.
People and assets in 2026
15.9
▲ 0.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 715,576
€ 45,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 55,312
▼ 31% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.5 million
▲ 14% vs 2025
€ 82,617 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 689,268
▼ 1% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 179,335
▼ 3% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 934,323 | € 873,225 | € 897,901 | € 924,241 | ▲ 3% |
| Profit after taxes | € 231,742 | € 11,325 | € 11,274 | € 14,024 | ▲ 24% |
| Equity | € 1,390,447 | € 1,401,772 | € 1,413,046 | € 1,427,069 | ▲ 1% |
| Total debts | € 3,984,258 | € 2,605,340 | € 2,273,879 | € 2,480,481 | ▲ 9% |
| Cash | € 223,181 | € 281,375 | € 125,172 | € 182,185 | ▲ 46% |
| Retained profit | € 315,447 | € 326,772 | € 338,046 | € 352,069 | ▲ 4% |
| Bank debt | € 2,719,164 | € 1,531,756 | € 1,357,571 | € 1,541,117 | ▲ 14% |
| Balance sheet total | € 5,374,705 | € 4,007,112 | € 3,686,925 | € 3,907,550 | ▲ 6% |
| Employees (FTE) | 14.6 | 14.4 | 15.7 | 15.9 | ▲ 0.2 |
Key figures of MODENO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 28 September 2027.
What happened to MODENO?
What happened at MODENO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xeros nv stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 14,024 (▲ 24% vs 2025). Source: NBB ↗
- Xeros nv became a director. NBB
- New establishment in Sint-Niklaas. KBO
- New establishment in Aalst. KBO
- New establishment in Sint-Truiden. KBO
- New establishment in Oostende. KBO
- New establishment in Leuven. KBO
In short
From € 231,742 profit in 2023 to € 14,024 profit in 2026.
Paid € 32,678 in corporate taxes since 2023.
Best year ever: 2023, with € 231,742 profit.
On average € 58,100 of value added per employee in 2026.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of KIBO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MODENOThe shares are held by KIBO (24.3%). It owns 50% of More Fashion itself.
Directors
According to the 2026 annual accounts
Director · represented by Luc Notredame
Also active at: Immodeno, More Fashion, KIBO, Prof Retail
since 2024 · until 2029
Shareholders
24.3%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Meensesteenweg(Bis) 449
8501 Kortrijk
Passage Pieter van Aelst 1 box Winkel 32
9300 Aalst
Active since 1 July 2020
Diestsestraat 57-59
3000 Leuven
Active since 12 June 2020
Luikerstraat 41A
3800 Sint-Truiden
Active since 1 July 2020
Adolf Buylstraat 37
8400 Oostende
Active since 1 July 2020
Kapelstraat 100
9100 Sint-Niklaas
Active since 4 February 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →TONICKX
€ 408,984 gross margin · 2024
Immodeno same network
€ 635,379 gross margin · 2026
More Fashion same network
€ 861,389 gross margin · 2026
SUN & NAIL ART ZONNECENTRUM & NAGELSTUDIO
€ 51,518 gross margin · 2025
GranTurismo Motors
€ -68,613 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0444.906.633
- VAT number
- BE 0444.906.633
- Registered office
- Meensesteenweg(Bis) 449, 8501 Kortrijk
- Names & denominations
- MODENO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 1991
- Peppol
- Active · Active since 10 Feb 2026
- Contact
- modeno.be
- Activities · NACE
Groothandel in kledingaccessoires
Groothandel in huishoudtextiel en beddengoed
Groothandel in textiel
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Overige activiteiten i .v.m. administratie, n.e.g.
Diverse administratieve activiteiten ten behoeve van kantoren