Bankrupt · Opening faillissement (CBE)

QUASI MODO

BE0656645260

Rechtspersoon Private limited company 1 establishment

QUASI MODO is a clothing shop in Roeselare. Private Limited, started on 14 June 2016, 1 establishment.

Noordstraat 11, 8800 Roeselare 051240866

Behind the company: Hrmes BV.

Start date

14 June 2016

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 4 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

QUASI MODO from Roeselare, company number BE0656645260, closed financial year 2023 with a result of € -277,457 after tax. For that financial year QUASI MODO recorded a gross margin of € -55,215 and equity of € -655,764. Compared with financial year 2022, the result moved from € -74,445 to € -277,457. 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 February 8, 2024.

What it is worth Caution

€ -655,764

▼ € 277,457 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -277,457

▼ 273 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 3,487

▼ 85% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -675,764.

People and assets in 2023

Full-time equivalents

3.6

▼ 0.3 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 166,069

▲ 5% vs 2022

€ 46,100 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.

Vehicles and equipment

€ 1,070

▼ 49% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 5 years to go

€ 334,829

▲ 19% vs 2022

€ 54,559 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 172,494

▼ 20% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 52,946

▼ 12% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
20222023Change 2022 → 2023
Gross margin € 119,300 € -55,215 ▼ € 174,515
Profit after taxes € -74,445 € -277,457 ▼ € 203,012
Equity € -378,307 € -655,764 ▼ € 277,457
Total debts € 882,018 € 912,249 ▲ 3%
Cash € 23,273 € 3,487 ▼ 85%
Retained profit € -398,307 € -675,764 ▼ € 277,457
Bank debt € 281,793 € 334,829 ▲ 19%
Balance sheet total € 503,711 € 256,485 ▼ 49%
Employees (FTE) 3.9 3.6 ▼ 0.3

Key figures of QUASI MODO, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 January 2025.

What happened to QUASI MODO?

What happened at QUASI MODO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

QUASI MODO is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 277,457. filed late Source: NBB ↗
  • Hrmes BV became a director. NBB
  • New establishment in Roeselare. KBO
  • Start of the company according to the CBE. KBO

In short

From € 74,445 loss in 2022 to € 277,457 loss in 2023.

On average € 30,600 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

HRMES 100%

The stake of HRMES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

QUASI MODO

Behind QUASI MODO is Hrmes BV. The shares are held by HRMES (100%).

Directors

According to the 2023 annual accounts

Hrmes BV

Director · represented by Janssens ERIK

Also active at: VALUE MONKEYS, SPECIAL FORCE SERVICES

since 2021

Shareholders

HRMES

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Noordstraat 11

8800 Roeselare

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0656.645.260
VAT number
BE 0656.645.260
Registered office
Noordstraat 11, 8800 Roeselare
Names & denominations
QUASI MODO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
14 June 2016
Peppol
Not registered
Contact
051240866
Activities · NACE

Detailhandel in damesbovenkleding

Overige detailhandel in voedingsmiddelen, neg

Detailhandel in uurwerken en sieraden

Detailhandel in herenbovenkleding

Detailhandel in wijnen en geestrijke dranken

Detailhandel in cosmetica en toiletartikelen

Detailhandel in kledingaccessoires

Detailhandel in corrigerende brillen, lenzen en zonnebrillen

+2

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does QUASI MODO do?
QUASI MODO is a clothing shop in Roeselare. Private Limited, started on 14 June 2016, 1 establishment.
What is the address of QUASI MODO?
The registered office of QUASI MODO is located at Noordstraat 11, 8800 Roeselare.
Is QUASI MODO still active?
No. The CBE lists QUASI MODO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is QUASI MODO registered on Peppol?
No, QUASI MODO is currently not registered on the Peppol network.
What is the enterprise number of QUASI MODO?
The enterprise number of QUASI MODO is BE0656645260.
When was QUASI MODO founded?
QUASI MODO was founded on 14 June 2016.