Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Modigliani from Lubbeek, company number BE0466331953, closed financial year 2026 with a result of € -109,532 after tax. For that financial year Modigliani recorded a gross margin of € 108,055 and equity of € 36,921. Compared with financial year 2025, the result moved from € 124,790 to € -109,532. The company made a loss. The buffer shrank hard: equity is 75 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2026.
€ 36,921
▼ 75% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -109,532
▼ still € 124,790 profit in 2025
Profit after tax over the fiscal year.
€ 5,543
▼ 91% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 12,921.
People and assets in 2026
€ 70,465
▲ 53% vs 2025
Of which on lease € 45,932.
Debts at end 2026
€ 54,133
▲ 6% vs 2025
€ 30,995 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 6,542
▼ 30% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 1,241
▼ 95% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 73,849 | € 113,899 | € 198,960 | € 108,055 | ▼ 46% |
| Profit after taxes | € 66,021 | € 82,523 | € 124,790 | € -109,532 | ▼ € 234,322 |
| Equity | € -60,860 | € 21,663 | € 146,453 | € 36,921 | ▼ 75% |
| Total debts | € 126,178 | € 176,724 | € 153,640 | € 77,202 | ▼ 50% |
| Cash | € 10,480 | € 7,358 | € 60,894 | € 5,543 | ▼ 91% |
| Land & buildings | € 3,763 | € 2,322 | € 5,815 | € 10,325 | ▲ 78% |
| Retained profit | € -84,860 | € -2,337 | € 122,453 | € 12,921 | ▼ 89% |
| Bank debt | € 48,949 | € 77,796 | € 50,866 | € 54,133 | ▲ 6% |
| Balance sheet total | € 65,319 | € 198,387 | € 300,093 | € 114,123 | ▼ 62% |
Key figures of Modigliani, 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 Modigliani?
What happened at Modigliani in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 109,532 (▼ € 234,322 vs 2025). Source: NBB ↗
- New establishment in Lubbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,021 profit in 2023 to € 109,532 loss in 2026.
Paid € 101,337 in corporate taxes since 2023.
Best year ever: 2025, with € 124,790 profit.
Management
Behind Modigliani are Marie Josee Van Looveren and Wim Stefaan M Pardon.
Directors
According to the 2026 annual accounts
Marie Josee Van Looveren
Director
Wim Stefaan M Pardon
Director
Establishments
Establishment units
Physical locations of this company
Schubbeek(LUB) 8A
3210 Lubbeek
Schubbeek(LUB) 8 box A
3210 Lubbeek
Active since 17 August 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.331.953
- VAT number
- BE 0466.331.953
- Registered office
- Schubbeek(LUB) 8A, 3210 Lubbeek
- Names & denominations
- Modigliani
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1999
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
Detailhandel in kranten en andere tijdschriften
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Detailhandel in spellen en speelgoed
Gespecialiseerde detailhandel in spellen en speelgoed
Detailhandel in spellen en speelgoed in gespecialiseerde winkels