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 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Modernelec from Walcourt, company number BE0785688221, closed financial year 2025 with a result of € 1,311 after tax. For that financial year Modernelec recorded a gross margin of € 2,775 and equity of € -4,096. Compared with financial year 2024, the result moved from € -6,218 to € 1,311. Profitable, and profit is growing. 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 June 24, 2026.
€ -4,096
▲ € 1,311 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,311
▲ still € 6,218 loss in 2024
Profit after tax over the fiscal year.
€ 333
▼ 3% 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 € -7,596.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,496
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,667
Loans from banks and other lenders, long and short.
€ 2,324
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,489
▼ 70% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -2,195 | € -4,389 | € 2,775 | ▲ € 7,164 |
| Profit after taxes | € -2,690 | € -6,218 | € 1,311 | ▲ € 7,529 |
| Equity | € 810 | € -5,407 | € -4,096 | ▲ € 1,311 |
| Total debts | € 1,623 | € 14,531 | € 8,647 | ▼ 40% |
| Cash | - | € 343 | € 333 | ▼ 3% |
| Retained profit | € -2,690 | € -8,907 | € -7,596 | ▲ € 1,311 |
| Bank debt | € 0 | € 0 | € 3,667 | |
| Balance sheet total | € 2,434 | € 9,124 | € 4,551 | ▼ 50% |
Key figures of Modernelec, fiscal years 2023 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 Modernelec?
What happened at Modernelec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,311. Source: NBB ↗
- New establishment in Walcourt. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,690 loss in 2023 to € 1,311 profit in 2025.
Best year ever: 2025, with € 1,311 profit.
A new publication or filing at Modernelec? 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
Directors
According to the 2025 annual accounts
Sébastien Lecocq
Director
Establishments
Establishment units
Physical locations of this company
Rue Trieux des Sarts(Ber) 52
5651 Walcourt
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
- 0785.688.221
- VAT number
- BE 0785.688.221
- Registered office
- Rue Trieux des Sarts(Ber) 52, 5651 Walcourt
- Names & denominations
- Modernelec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2022
- Peppol
- Active · Active since 6 Feb 2025
- Activities · NACE
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