Financials
Financial year 2025
MODEST FURNITURE from Antwerpen, company number BE0533828018, closed financial year 2025 with a result of € -59,883 after tax. For that financial year MODEST FURNITURE recorded a gross margin of € -17,788 and equity of € 276,264. Compared with financial year 2024, the result moved from € 25,008 to € -59,883. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 276,264
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,883
▼ still € 25,008 profit in 2024
Profit after tax over the fiscal year.
€ 77,927
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 247,643.
People and assets in 2025
€ 9,180
▼ 78% vs 2024
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 2025
€ 123,978
▼ 14% vs 2024
€ 23,109 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 11,692
▲ € 9,842 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,373
▼ 64% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 96,084 | € 154,220 | € 109,316 | € -17,788 | ▼ € 127,104 |
| Profit after taxes | € 1,562 | € 51,964 | € 25,008 | € -59,883 | ▼ € 84,891 |
| Equity | € 339,176 | € 311,140 | € 336,147 | € 276,264 | ▼ 18% |
| Total debts | € 399,588 | € 258,213 | € 177,273 | € 146,241 | ▼ 18% |
| Cash | € 104,250 | € 160,452 | € 117,452 | € 77,927 | ▼ 34% |
| Land & buildings | € 394,367 | € 167,002 | € 142,190 | € 117,727 | ▼ 17% |
| Retained profit | € 310,554 | € 282,518 | € 307,526 | € 247,643 | ▼ 19% |
| Dividend | € 0 | € 80,000 | € 0 | € 0 | |
| Bank debt | € 363,702 | € 165,484 | € 144,731 | € 123,978 | ▼ 14% |
| Balance sheet total | € 738,763 | € 569,352 | € 513,421 | € 422,505 | ▼ 18% |
Key figures of MODEST FURNITURE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MODEST FURNITURE?
What happened at MODEST FURNITURE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 59,883 (▼ € 84,891 vs 2024). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Vincent Lemson became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,562 profit in 2022 to € 59,883 loss in 2025.
Paid € 30,955 in corporate taxes since 2022.
Best year ever: 2023, with € 51,964 profit.
Paid out € 80,000 in dividends to the owners in total.
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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
Behind MODEST FURNITURE is Vincent Lemson.
Directors
According to the 2025 annual accounts
Vincent Lemson
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 255-257
2018 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Domain
Domain
modestfurniture.com
Registered
2012-09-05
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-09-05
Website info
Features
Security
Details
- Company number
- 0533.828.018
- VAT number
- BE 0533.828.018
- Registered office
- Mechelsesteenweg 255-257, 2018 Antwerpen
- Names & denominations
- MODEST FURNITURE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2013
- Peppol
- Active · Active since 30 Jan 2026
- Contact
- modestfurniture.com
- Activities · NACE
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