Warning lights
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 2024
MODERO WEST-VLAANDEREN from Brugge, company number BE0555873049, closed financial year 2024 with a result of € 398,610 after tax. For that financial year MODERO WEST-VLAANDEREN recorded a gross margin of € 1.2 million and equity of € 1.9 million. Compared with financial year 2023, the result moved from € 401,636 to € 398,610. 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 July 22, 2025.
€ 1.9 million
▲ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 398,610
▼ 1% vs 2023
Profit after tax over the fiscal year.
€ 2.5 million
▲ 79% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
25 % of the profit went to the shareholders, mostly to André (60 % of the shares). That is where the money ends up.
People and assets in 2024
9.9
▼ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 532,033
▲ 9% vs 2023
€ 53,700 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 2024
€ 161,055
▼ 10% vs 2023
€ 19,137 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 214,221
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 125,840
▼ 28% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 863,907 | € 732,343 | € 1,146,978 | € 1,164,405 | ▲ 2% |
| Profit after taxes | € 268,561 | € 100,995 | € 401,636 | € 398,610 | ▼ 1% |
| Equity | € 1,277,805 | € 1,278,800 | € 1,580,436 | € 1,879,046 | ▲ 19% |
| Total debts | € 1,310,723 | € 1,549,269 | € 1,749,638 | € 3,087,084 | ▲ 76% |
| Cash | € 978,270 | € 1,037,378 | € 1,413,575 | € 2,532,537 | ▲ 79% |
| Retained profit | € 1,259,205 | € 1,260,200 | € 1,561,836 | € 1,860,446 | ▲ 19% |
| Dividend | € 0 | € 100,000 | € 100,000 | € 100,000 | |
| Bank debt | € 85,921 | € 79,400 | € 179,401 | € 161,055 | ▼ 10% |
| Balance sheet total | € 2,588,528 | € 2,828,069 | € 3,330,074 | € 4,966,130 | ▲ 49% |
| Employees (FTE) | 9 | 10.6 | 10.7 | 9.9 | ▼ 0.8 |
Key figures of MODERO WEST-VLAANDEREN, 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 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 2024: profit of € 398,610 (▼ 1% vs 2023). Source: NBB ↗
- Jan de Meuter bv became a director. NBB
- Frédéric Raes became a director. NBB
- Astralis BV became a director. NBB
- Bert Lingier became a director. NBB
- New establishment in Izegem. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 268,561 profit in 2021 to € 398,610 profit in 2024.
Paid € 424,222 in corporate taxes since 2021.
Best year ever: 2023, with € 401,636 profit.
On average € 117,600 of value added per employee in 2024.
A new publication or filing at MODERO WEST-VLAANDEREN? We notify you, reason included.
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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
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 Jan de Meuter bv, Frédéric Raes, Astralis BV and Bert Lingier. The shares are held by André (60%) and ASTRALIS (20%).
Directors
According to the 2024 annual accounts
Director · represented by Jan de Meuter
Also active at: MODERO, MODERO BRABANT-WALLON
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
Managing director · represented by Dieter Ver Eecke
since 2023
since 2023
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.
All companies at this address →Unie van Zelfstandige Ondernemers - West-Vlaanderen
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€ 42 million revenue · 2022
Unie van Zelfstandige Ondernemers Brugge
+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