Financials
Financial year 2024
MODIFROID from Courcelles, company number BE0466848132, closed financial year 2024 with a result of € 2,506 after tax. For that financial year MODIFROID recorded a gross margin of € 263,720 and equity of € 603,633. Compared with financial year 2023, the result moved from € -37,955 to € 2,506. 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 October 3, 2025.
€ 603,633
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,506
▲ still € 37,955 loss in 2023
Profit after tax over the fiscal year.
€ 29,561
▼ 72% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 257,078.
People and assets in 2024
€ 196,657
▼ 11% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 100,785
▼ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 79,950
▼ 26% vs 2023
€ 25,044 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 85,467
Supplier invoices still open on the last day of the fiscal year.
€ 101,380
▼ 40% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 309,915 | € 334,922 | € 242,643 | € 263,720 | ▲ 9% |
| Profit after taxes | € 37,938 | € 69,342 | € -37,955 | € 2,506 | ▲ € 40,461 |
| Equity | € 569,740 | € 639,082 | € 601,127 | € 603,633 | |
| Total debts | € 242,062 | € 384,854 | € 392,466 | € 266,798 | ▼ 32% |
| Cash | € 29,299 | € 138,023 | € 103,935 | € 29,561 | ▼ 72% |
| Land & buildings | € 56,000 | € 52,139 | € 59,295 | € 55,711 | ▼ 6% |
| Retained profit | € 223,184 | € 292,526 | € 254,571 | € 257,078 | ▲ 1% |
| Bank debt | € 11,528 | € 48,882 | € 108,090 | € 79,950 | ▼ 26% |
| Balance sheet total | € 811,802 | € 1,023,937 | € 993,594 | € 870,431 | ▼ 12% |
| Employees (FTE) | 4.9 | 4.6 | 4.1 | - |
Key figures of MODIFROID, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MODIFROID?
What happened at MODIFROID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2,506. filed late Source: NBB ↗
- ELSOCHT Marc became a director. NBB
- New establishment in Courcelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,938 profit in 2021 to € 2,506 profit in 2024.
Paid € 52,334 in corporate taxes since 2021.
Best year ever: 2022, with € 69,342 profit.
On average € 59,200 of value added per employee in 2023.
Management
Behind MODIFROID is ELSOCHT Marc. ELSOCHT Marc is also behind ISOCONCEPT.
Directors
According to the 2024 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Rue du Brabant Wallon(CO) 3
6180 Courcelles
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
- 0466.848.132
- VAT number
- BE 0466.848.132
- Registered office
- Rue du Brabant Wallon(CO) 3, 6180 Courcelles
- Names & denominations
- MODIFROID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 1999
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Reparatie en montage van specifieke auto-onderdelen
Onderhoud en reparatie van auto's
Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik
Vervaardiging van carrosserieën voor motorvoertuigen