Financials
Financial year 2025
DAVID MODAVE MANAGEMENT from Olne, company number BE0767756087, closed financial year 2025 with a result of € 103,274 after tax. For that financial year DAVID MODAVE MANAGEMENT recorded a gross margin of € 196,159 and equity of € 542,197. Compared with financial year 2024, the result moved from € 123,154 to € 103,274. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 26, 2026.
€ 542,197
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 103,274
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 219,204
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 532,197.
People and assets in 2025
€ 72,030
▲ € 54,296 vs 2024
Of which on lease € 60,232.
Debts at end 2025
€ 507,008
▲ 3% vs 2024
€ 98,457 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6,080
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,524
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 185,584 | € 197,887 | € 202,240 | € 196,159 | ▼ 3% |
| Profit after taxes | € 117,492 | € 127,126 | € 123,154 | € 103,274 | ▼ 16% |
| Equity | € 188,643 | € 315,770 | € 438,923 | € 542,197 | ▲ 24% |
| Total debts | € 612,227 | € 682,526 | € 673,124 | € 694,942 | ▲ 3% |
| Cash | € 95,997 | € 153,811 | € 181,227 | € 219,204 | ▲ 21% |
| Retained profit | € 178,643 | € 305,770 | € 428,923 | € 532,197 | ▲ 24% |
| Bank debt | € 573,694 | € 507,930 | € 492,295 | € 507,008 | ▲ 3% |
| Balance sheet total | € 800,870 | € 998,296 | € 1,112,048 | € 1,237,139 | ▲ 11% |
Key figures of DAVID MODAVE MANAGEMENT, 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 DAVID MODAVE MANAGEMENT?
What happened at DAVID MODAVE MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Chapelle-lez-Herlaimont. KBO
- New establishment in Courcelles. KBO
- New annual accounts for financial year 2025: profit of € 103,274 (▼ 16% vs 2024). Source: NBB ↗
- New establishment in Gerpinnes. KBO
- New establishment in Charleroi. KBO
- New establishment in Ham-sur-Heure-Nalinnes. KBO
- New establishment in Charleroi. KBO
- New establishment in Olne. KBO
In short
From € 117,492 profit in 2022 to € 103,274 profit in 2025.
Paid € 175,039 in corporate taxes since 2022.
Best year ever: 2023, with € 127,126 profit.
Management
Behind DAVID MODAVE MANAGEMENT is David MODAVE. It owns 12.1% of MBS Funerals itself.
Directors
According to the 2025 annual accounts
David MODAVE
Director
Establishments
Establishment units
Physical locations of this company
Rue Georges Romedenne 4
4877 Olne
Chaussée de Courcelles 77
6041 Charleroi
Active since 3 May 2021
Avenue Eugène Mascaux 119
6001 Charleroi
Active since 3 May 2021
Rue de Nalinnes 146
6001 Charleroi
Active since 25 June 2022
Rue de la Scavée(ACO) 37
6280 Gerpinnes
Active since 1 July 2026
Avenue Paul Pastur 348
6032 Charleroi
Active since 1 July 2026
Rue d'Ham-sur-Heure(NAL) 2
6120 Ham-sur-Heure-Nalinnes
Active since 1 July 2026
Rue du Vent de Bise 4
7160 Chapelle-lez-Herlaimont
Active since 7 September 2026
Rue de Trazegnies(CO) 177
6180 Courcelles
Active since 7 September 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0767.756.087
- VAT number
- BE 0767.756.087
- Registered office
- Rue Georges Romedenne 4, 4877 Olne
- Names & denominations
- DAVID MODAVE MANAGEMENT · DMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 2021
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
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