Financials
Financial year 2025
Modern Bags from Houthalen-Helchteren, company number BE0725759443, closed financial year 2025 with a result of € -14,730 after tax. For that financial year Modern Bags recorded a gross margin of € -693 and equity of € 46,779. Compared with financial year 2024, the result moved from € 7,603 to € -14,730. 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 30, 2026.
€ 46,779
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,730
▼ still € 7,603 profit in 2024
Profit after tax over the fiscal year.
€ 30,863
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28,179.
Debts at end 2025
€ 41,538
▼ 20% vs 2024
€ 10,761 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,285
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,532
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 37,693 | € 35,605 | € 26,648 | € -693 | ▼ € 27,342 |
| Profit after taxes | € 14,257 | € 15,124 | € 7,603 | € -14,730 | ▼ € 22,334 |
| Equity | € 38,782 | € 53,906 | € 61,510 | € 46,779 | ▼ 24% |
| Total debts | € 122,251 | € 66,922 | € 62,230 | € 47,367 | ▼ 24% |
| Cash | € 44,960 | € 17,715 | € 49,143 | € 30,863 | ▼ 37% |
| Retained profit | € 20,182 | € 35,306 | € 42,910 | € 28,179 | ▼ 34% |
| Bank debt | € 74,449 | € 62,398 | € 52,077 | € 41,538 | ▼ 20% |
| Balance sheet total | € 161,033 | € 120,828 | € 123,740 | € 94,146 | ▼ 24% |
Key figures of Modern Bags, 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 Modern Bags?
What happened at Modern Bags in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,730 (▼ € 22,334 vs 2024). filed late Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Ronny Smeets became a director. NBB
- Stefan Muller became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,257 profit in 2022 to € 14,730 loss in 2025.
Paid € 1,105 in corporate taxes since 2022.
Best year ever: 2023, with € 15,124 profit.
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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 Modern Bags are Ronny Smeets and Stefan Muller. The same people are also behind MULDECO and Starline InVest. Ronny Smeets is also behind BATONIQUE. Stefan Muller is also behind CCI.
Directors
According to the 2025 annual accounts
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Herebaan-Oost 162
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0725.759.443
- VAT number
- BE 0725.759.443
- Registered office
- Herebaan-Oost 162, 3530 Houthalen-Helchteren
- Names & denominations
- Modern Bags
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2019
- Peppol
- Active · Active since 10 Feb 2026
- Contact
- [email protected]
- Activities · NACE
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