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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MODERO WEST-VLAANDEREN from Brugge, company number BE0555873049, closed financial year 2025 with a result of € 296,169 after tax. For that financial year MODERO WEST-VLAANDEREN recorded a gross margin of € 1.1 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 398,610 to € 296,169. The company is profitable. 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 September 18, 2026.
€ 2.2 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 296,169
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 170,510
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.2 million.
People and assets in 2025
10.6
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 554,940
▲ 4% vs 2024
€ 52,400 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.
Debts at end 2025
€ 141,918
▼ 12% vs 2024
€ 19,964 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 203,225
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 86,561
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 732,343 | € 1,146,978 | € 1,164,405 | € 1,064,193 | ▼ 9% |
| Profit after taxes | € 100,995 | € 401,636 | € 398,610 | € 296,169 | ▼ 26% |
| Equity | € 1,278,800 | € 1,580,436 | € 1,879,046 | € 2,175,215 | ▲ 16% |
| Total debts | € 1,549,269 | € 1,749,638 | € 3,087,084 | € 545,426 | ▼ 82% |
| Cash | € 1,037,378 | € 1,413,575 | € 2,532,537 | € 170,510 | ▼ 93% |
| Retained profit | € 1,260,200 | € 1,561,836 | € 1,860,446 | € 2,156,615 | ▲ 16% |
| Dividend | € 100,000 | € 100,000 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 79,400 | € 179,401 | € 161,055 | € 141,918 | ▼ 12% |
| Balance sheet total | € 2,828,069 | € 3,330,074 | € 4,966,130 | € 2,720,641 | ▼ 45% |
| Employees (FTE) | 10.6 | 10.7 | 9.9 | 10.6 | ▲ 0.7 |
Key figures of MODERO WEST-VLAANDEREN, 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 MODERO WEST-VLAANDEREN?
What happened at MODERO WEST-VLAANDEREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 296,169 (▼ 26% vs 2024). filed late Source: NBB ↗
- Astralis BV stepped down as director. NBB
- André BV became a director. NBB
- Frédéric Raes became a director. NBB
- Bert Lingier became a director. NBB
- Astralis BV became a director. NBB
- New establishment in Izegem. KBO
- New establishment in Brugge. KBO
In short
From € 100,995 profit in 2022 to € 296,169 profit in 2025.
Paid € 436,760 in corporate taxes since 2022.
Best year ever: 2023, with € 401,636 profit.
On average € 100,400 of value added per employee in 2025.
Management
The stake of André, ASTRALIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MODERO WEST-VLAANDERENBehind MODERO WEST-VLAANDEREN are André BV, Frédéric Raes and Bert Lingier. The shares are held by André (60%) and ASTRALIS (20%).
Directors
According to the 2025 annual accounts
since 2023
Frédéric Raes
Director
Also active at: Huis van de Gerechtsdeurwaarders West-Vlaanderen, CENTRE D'EXPERTISE JURIDIQUE SOCIAL POUR LES HUISSIERS DE JUSTICE, Team Bekegem, DIAM
since 2023
since 2023
Managing director · represented by Dieter Ver Eecke
since 2023 · until 2026
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 29 box 5
8200 Brugge
Kruisstraat 16
8870 Izegem
Active since 1 June 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
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€ 42 million revenue · 2022
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+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0555.873.049
- VAT number
- BE 0555.873.049
- Registered office
- Koningin Astridlaan 29 bus 5, 8200 Brugge
- Names & denominations
- MODERO WEST-VLAANDEREN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2014
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van deurwaarders