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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MODALIZY from Sint-Pieters-Woluwe, company number BE0634782747, closed financial year 2025 with a result of € -212,099 after tax. For that financial year MODALIZY recorded revenue of € 51.9 million and equity of € -833,142. Compared with financial year 2024, the result moved from € 23,819 to € -212,099. 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 May 30, 2026.
€ -833,142
▼ € 212,099 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -212,099
▼ still € 23,819 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -933,142.
People and assets in 2025
7.5
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 610,120
▲ 82% vs 2024
€ 81,300 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.
€ 2,327
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 25% vs 2024
€ 400,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4.7 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 193,176
▲ 158% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 66,855,233 | € 60,542,560 | € 56,657,277 | € 51,897,461 | ▼ 8% |
| Gross margin | € 1,208,787 | - | - | - | |
| Profit after taxes | € 177,874 | € 408,964 | € 23,819 | € -212,099 | ▼ € 235,918 |
| Equity | € -1,053,825 | € -644,861 | € -621,043 | € -833,142 | ▼ € 212,099 |
| Total debts | € 11,389,122 | € 10,400,643 | € 8,708,559 | € 8,945,288 | ▲ 3% |
| Retained profit | € -1,153,825 | € -744,861 | € -721,043 | € -933,142 | ▼ € 212,099 |
| Bank debt | € 2,400,000 | € 2,000,000 | € 1,600,000 | € 1,200,000 | ▼ 25% |
| Balance sheet total | € 10,335,296 | € 9,755,782 | € 8,087,516 | € 8,112,145 | |
| Employees (FTE) | 8.4 | 6.9 | 5.6 | 7.5 | ▲ 1.9 |
Key figures of MODALIZY, 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 MODALIZY?
What happened at MODALIZY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ENERGIX Management SRL stepped down as director. NBB
- JULIEN VANDELEENE SRL stepped down as director. NBB
- SOFT SA stepped down as director. NBB
- GLOBAL BUSINESS SOLUTIONS SRL stepped down as director. NBB
- Xavier TACKOEN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 212,099 (▼ € 235,918 vs 2024). Source: NBB ↗
- ENERGIX Management SRL became a director. NBB
- JULIEN VANDELEENE SRL became a director. NBB
In short
From € 177,874 profit in 2022 to € 212,099 loss in 2025.
Paid € 1,056 in corporate taxes since 2022.
Best year ever: 2023, with € 408,964 profit.
On average € 143,900 of value added per employee in 2022.
Management
The stake of OCTA+ GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MODALIZYThe shares are held by OCTA+ GROUP SA (100%) and OCTA+ GROUP (99%).
Directors
According to the 2025 annual accounts
Director · represented by Xavier RIGO
Also active at: SOFT, OCTA+ MAZOUT, BRUXELLES FINANCES ET PARTICIPATIONS, KONHAVER, OCTA+ GROUP, OCTA + LIEGE ARDENNES, O.L.A TRANS, WEB MAZOUT +6 more
since 2025 · until 2031
Director · represented by Julien VANDELEENE
Also active at: Tennis Club de Belgique Courts Couverts, IMSONIC, GESTIVAN, LASTLINK, Brussels hub1, HORREA, LASTLINK MANAGEMENT, LASTLINK PROPERTIES +2 more
since 2025 · until 2031
Managing director, Chairman of the board · represented by Etienne RIGO
Also active at: OCTA+ ENERGIE, OCTA+ MAZOUT, OCTA+ GROUP, KONHAVER, OCTA+ GROUP, OCTA + LIEGE ARDENNES, O.L.A TRANS, WEB MAZOUT +3 more
since 2025 · until 2031
Director · represented by Vincent DECLERCK
Also active at: OCTA+ MAZOUT, KONHAVER, OCTA + LIEGE ARDENNES, O.L.A TRANS, WEB MAZOUT, HELLO SQUARE, OMES, EMS+ +2 more
since 2025 · until 2031
since 2025 · until 2031
Shareholders
100%
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Generaal Baron Empainlaan 21
1150 Sint-Pieters-Woluwe
Sint-Lazaruslaan 4-10
1210 Sint-Joost-ten-Node
Active since 31 July 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →OCTA+ ENERGIE same network
€ 232.2 million revenue · 2025
SOFT same network
€ 837,782 gross margin · 2025
OCTA+ MAZOUT same network
€ 36.9 million revenue · 2025
OCTA+ GROUP same network
€ 256,191 revenue · 2025
KONHAVER same network
€ 889,227 revenue · 2025
+4 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
- 0634.782.747
- VAT number
- BE 0634.782.747
- Registered office
- Generaal Baron Empainlaan 21, 1150 Sint-Pieters-Woluwe
- Names & denominations
- MODALIZY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 July 2015
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
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