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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MODULAB from Kortrijk, company number BE0758391827, closed financial year 2025 with a result of € -131,893 after tax. For that financial year MODULAB recorded a gross margin of € 33,206 and equity of € -1.2 million. Compared with financial year 2024, the result moved from € -24,948 to € -131,893. 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 August 13, 2026.
€ -1.2 million
▼ € 131,893 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -131,893
▼ 429 % more loss than in 2024
Profit after tax over the fiscal year.
€ 18,492
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 47,745
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 269
▼ 70% 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 | |
|---|---|---|---|---|---|
| Revenue | € 594 | € 11,976 | - | - | |
| Gross margin | € -303,166 | € -283,865 | € 209,970 | € 33,206 | ▼ 84% |
| Profit after taxes | € -469,353 | € -506,301 | € -24,948 | € -131,893 | ▼ € 106,945 |
| Equity | € -492,029 | € -998,330 | € -1,023,278 | € -1,155,172 | ▼ € 131,893 |
| Total debts | € 715,115 | € 1,281,417 | € 1,442,566 | € 1,512,918 | ▲ 5% |
| Cash | € 5,790 | € 7,339 | € 94,158 | € 18,492 | ▼ 80% |
| Retained profit | € -792,029 | € -1,298,330 | € -1,323,278 | € -1,455,172 | ▼ € 131,893 |
| Bank debt | € 0 | € 926,879 | € 0 | € 0 | |
| Balance sheet total | € 223,086 | € 283,087 | € 419,288 | € 357,746 | ▼ 15% |
| Employees (FTE) | 1.8 | 2 | 2 | 2 |
Key figures of MODULAB, 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 MODULAB?
What happened at MODULAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CAVM BV stepped down as director. NBB
- INCREMENTUM INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 131,893. filed late Source: NBB ↗
- KD29 Commv stepped down as director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- KD29 Commv became a director. NBB
- CAVM BV became a director. NBB
In short
From € 469,353 loss in 2022 to € 131,893 loss in 2025.
Paid € 959 in corporate taxes since 2022.
On average € 16,600 of value added per employee in 2025.
A new publication or filing at MODULAB? 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 CARLENCO, Celestial Group, INCREMENTUM INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MODULABThe shares are held by CARLENCO (90%), Celestial Group (40%) and INCREMENTUM INVEST (10%).
Directors
According to the 2025 annual accounts
Director · represented by Rik VERA
since 2020 · until 2025
Director · represented by Caroline VAN MARCKE
Also active at: INTERNATIONAL ROOFING CY, KNOHOPACK, TER DOENAERT, Heating Management Services, INTERNATIONAL SANITARY WARE - MANUFACTURING CY., Van Marcke Distribution, NORM, IMMOBILIERE HERMANT +18 more
since 2020 · until 2031
Managing director · represented by Aldric d'OULTREMONT
Also active at: TER DOENAERT, INTERNATIONAL SANITARY WARE - MANUFACTURING CY., NORM, ELECWERKEN DE PETTER L., IMMOBILIERE HERMANT, VAN MARCKE TRADING GROUP, IMMO VM, VM Weggevoerdenlaan ComCo +11 more
since 2020 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
LAR Blok Z (Aal) Z5
8511 Kortrijk
LAR Blok Z (Aal) 5
8511 Kortrijk
Active since 13 November 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
- 0758.391.827
- VAT number
- BE 0758.391.827
- Registered office
- LAR Blok Z (Aal) Z5, 8511 Kortrijk
- Names & denominations
- MODULAB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2020
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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