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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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
MODU-INTERNO from As, company number BE0742775124, closed financial year 2026 with a result of € 119 after tax. For that financial year MODU-INTERNO recorded a gross margin of € 41,228 and equity of € 5,976. Compared with financial year 2025, the result moved from € 94 to € 119. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ 5,976
▲ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 119
▲ 27% vs 2025
Profit after tax over the fiscal year.
€ 1,439
▲ € 1,383 vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 976.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 32,276
▲ 35% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,217
▼ 66% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 1,754
▼ 9% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 410
▼ 62% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 18,707 | € 36,955 | € 34,161 | € 41,228 | ▲ 21% |
| Profit after taxes | € 164 | € 11 | € 94 | € 119 | ▲ 27% |
| Equity | € 5,752 | € 5,763 | € 5,857 | € 5,976 | ▲ 2% |
| Total debts | € 25,550 | € 29,447 | € 30,637 | € 18,348 | ▼ 40% |
| Cash | € 657 | € 1,093 | € 56 | € 1,439 | ▲ € 1,383 |
| Land & buildings | - | € 4,627 | € 7,110 | € 6,323 | ▼ 11% |
| Retained profit | € 752 | € 763 | € 857 | € 976 | ▲ 14% |
| Bank debt | € 0 | € 209 | € 0 | € 0 | |
| Balance sheet total | € 31,302 | € 35,210 | € 36,494 | € 24,324 | ▼ 33% |
Key figures of MODU-INTERNO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MODU-INTERNO?
What happened at MODU-INTERNO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 119 (▲ 27% vs 2025). Source: NBB ↗
- New establishment in As. KBO
- Start of the company according to the CBE. KBO
- René Migchelsen became a director. NBB
In short
From € 164 profit in 2023 to € 119 profit in 2026.
Paid € 992 in corporate taxes since 2023.
Best year ever: 2023, with € 164 profit.
Management
Behind MODU-INTERNO is René Migchelsen.
Directors
According to the 2026 annual accounts
René Migchelsen
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Hoogstraat(N.B.A.) 41
3665 As
Hoogstraat(As) 41
3665 As
Active since 5 February 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.775.124
- VAT number
- BE 0742.775.124
- Registered office
- Hoogstraat(N.B.A.) 41, 3665 As
- Names & denominations
- MODU-INTERNO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2020
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Vervaardiging van kantoor- en winkelmeubelen
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Activiteiten van interieurarchitecten
Handelsbemiddeling in de niet-gespecialiseerde groothandel