Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 1.6 to 0.
Financials
Financial year 2026
MODEL DECO from Zele, company number BE0479044297, closed financial year 2026 with a result of € -11,575 after tax. For that financial year MODEL DECO recorded a gross margin of € -10,672 and equity of € 0. Compared with financial year 2025, the result moved from € 51,461 to € -11,575. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2026.
€ 0
▼ 100% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,575
▼ still € 51,461 profit in 2025
Profit after tax over the fiscal year.
€ 2
▼ € 1,650 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 0.
People and assets in 2026
0
▼ 1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 285
▼ 63% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 85,657 | € -15,490 | € 60,843 | € -10,672 | ▼ € 71,515 |
| Profit after taxes | € 7,890 | € -46,815 | € 51,461 | € -11,575 | ▼ € 63,037 |
| Equity | € 147,242 | € 100,427 | € 151,888 | € 0 | ▼ 100% |
| Total debts | € 28,161 | € 9,675 | € 1,701 | € 136,367 | ▲ € 134,667 |
| Cash | € 7,743 | € 9,177 | € 1,653 | € 2 | ▼ € 1,650 |
| Retained profit | € 128,642 | € 81,827 | € 133,288 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 0 | € 140,312 | |
| Bank debt | € 5,113 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 175,403 | € 110,102 | € 153,589 | € 136,367 | ▼ 11% |
| Employees (FTE) | 2 | 1.6 | 1 | 0 | ▼ 1 |
Key figures of MODEL DECO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 23 January 2028.
What happened to MODEL DECO?
What happened at MODEL DECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 11,575 (▼ € 63,037 vs 2025). Source: NBB ↗
- M2 PROJECTS BV stepped down as director. NBB
- M2 PROJECTS BV became a director. NBB
- New establishment in Zele. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,890 profit in 2023 to € 11,575 loss in 2026.
Paid € 22 in corporate taxes since 2023.
Best year ever: 2025, with € 51,461 profit.
On average € 60,800 of value added per employee in 2025.
Management
The stake of M2 PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MODEL DECOThe shares are held by M2 PROJECTS (100%).
Directors
According to the 2026 annual accounts
Director · represented by Wouter Mouton
since 2023 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Poldergotestraat 7 A
9240 Zele
Poldergotestraat 7 box A
9240 Zele
Active since 15 January 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.044.297
- VAT number
- BE 0479.044.297
- Registered office
- Poldergotestraat 7 A, 9240 Zele
- Names & denominations
- MODEL DECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2002
- Peppol
- Active · Active since 27 Mar 2025
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