MODECO is a specialised building contractor in Beauraing. Private Limited, started on 29 May 2012, 1 establishment.

What is the address of MODECO?

The registered office of MODECO is located at R. de la Ferme des Trois Moulins 1, 5570 Beauraing.

Is MODECO still active?

Yes. According to the CBE (29 October 2026) MODECO is active, legal situation “Normale toestand”, started on 29 May 2012.

Is MODECO registered on Peppol?

Yes, MODECO is registered on the Peppol network with ID 0208:0846227703.

What is the enterprise number of MODECO?

The enterprise number of MODECO is BE0846227703.

When was MODECO founded?

MODECO was founded on 29 May 2012.

Who are the directors of MODECO?

According to the 2025 annual accounts, the directors of MODECO are: Fabian Stelleman, Vincent Thomas, Hop Business LU.

Is MODECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 May 2012; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MODECO make in 2025?

MODECO recorded a loss after taxes of € 187,876 in financial year 2025.

What is the revenue of MODECO?

As a small company, MODECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 616,686.

How much does an employee at MODECO earn?

The average wage cost per full-time employee at MODECO was € 49,400 in 2022: staff costs of € 637,682 for 12.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Does MODECO have a website?

Yes, MODECO has a website at modeco-creation.be.

MODECO (Private Limited) - Beauraing - BE0846227703

Dossier MODECO, printed on 29 October 2026 from databakkes.be/en/0846227703/modeco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MODECO from Beauraing, company number BE0846227703, closed financial year 2025 with a result of € -187,876 after tax. For that financial year MODECO recorded a gross margin of € 616,686 and equity of € 306,311. Compared with financial year 2024, the result moved from € -111,041 to € -187,876. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.

What it is worth Healthy

€ 306,311

▼ 39% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -187,876

▼ 69 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 46,496

▲ 141% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 244,651.

People and assets in 2025

Wage cost

€ 647,878

▼ 16% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 26,560

▼ 44% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 641,001

▲ 1% vs 2024

€ 103,173 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 108,824

▲ 15% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 55,479

▼ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 905,287 Gross margin 2022: € 905,287 First fiscal year in the series	€ 948,606 Gross margin 2023: € 948,606 ▲ 5% vs 2022 (€ 905,287) Favourable step	€ 804,645 Gross margin 2024: € 804,645 ▼ 15% vs 2023 (€ 948,606) Unfavourable step	€ 616,686 Gross margin 2025: € 616,686 ▼ 23% vs 2024 (€ 804,645) Unfavourable step	▼ 23%
Profit after taxes	€ 105,143 Profit after taxes 2022: € 105,143 First fiscal year in the series	€ 57,680 Profit after taxes 2023: € 57,680 ▼ 45% vs 2022 (€ 105,143) Unfavourable step	€ -111,041 Profit after taxes 2024: € -111,041 ▼ € 168,721 vs 2023 (€ 57,680) Unfavourable step	€ -187,876 Profit after taxes 2025: € -187,876 ▼ € 76,836 vs 2024 (€ -111,041) Unfavourable step	▼ € 76,836
Equity	€ 547,144 Equity 2022: € 547,144 First fiscal year in the series	€ 600,819 Equity 2023: € 600,819 ▲ 10% vs 2022 (€ 547,144) Favourable step	€ 499,947 Equity 2024: € 499,947 ▼ 17% vs 2023 (€ 600,819) Unfavourable step	€ 306,311 Equity 2025: € 306,311 ▼ 39% vs 2024 (€ 499,947) Unfavourable step	▼ 39%
Total debts	€ 1,054,858 Total debts 2022: € 1,054,858 First fiscal year in the series	€ 951,791 Total debts 2023: € 951,791 ▼ 10% vs 2022 (€ 1,054,858) Favourable step	€ 794,424 Total debts 2024: € 794,424 ▼ 17% vs 2023 (€ 951,791) Favourable step	€ 808,339 Total debts 2025: € 808,339 ▲ 2% vs 2024 (€ 794,424) Unfavourable step	▲ 2%
Cash	€ 35,821 Cash 2022: € 35,821 First fiscal year in the series	€ 130,274 Cash 2023: € 130,274 ▲ 264% vs 2022 (€ 35,821) Favourable step	€ 19,270 Cash 2024: € 19,270 ▼ 85% vs 2023 (€ 130,274) Unfavourable step	€ 46,496 Cash 2025: € 46,496 ▲ 141% vs 2024 (€ 19,270) Favourable step	▲ 141%
Land & buildings	€ 639,954 Land & buildings 2022: € 639,954 First fiscal year in the series	€ 598,598 Land & buildings 2023: € 598,598 ▼ 6% vs 2022 (€ 639,954) Unchanged	€ 557,243 Land & buildings 2024: € 557,243 ▼ 7% vs 2023 (€ 598,598) Unchanged	€ 515,888 Land & buildings 2025: € 515,888 ▼ 7% vs 2024 (€ 557,243) Unchanged	▼ 7%
Retained profit	€ 487,748 Retained profit 2022: € 487,748 First fiscal year in the series	€ 543,568 Retained profit 2023: € 543,568 ▲ 11% vs 2022 (€ 487,748) Favourable step	€ 432,527 Retained profit 2024: € 432,527 ▼ 20% vs 2023 (€ 543,568) Unfavourable step	€ 244,651 Retained profit 2025: € 244,651 ▼ 43% vs 2024 (€ 432,527) Unfavourable step	▼ 43%
Bank debt	€ 790,582 Bank debt 2022: € 790,582 First fiscal year in the series	€ 730,257 Bank debt 2023: € 730,257 ▼ 8% vs 2022 (€ 790,582) Favourable step	€ 634,111 Bank debt 2024: € 634,111 ▼ 13% vs 2023 (€ 730,257) Favourable step	€ 641,001 Bank debt 2025: € 641,001 ▲ 1% vs 2024 (€ 634,111) Unfavourable step	▲ 1%
Balance sheet total	€ 1,613,876 Balance sheet total 2022: € 1,613,876 First fiscal year in the series	€ 1,563,388 Balance sheet total 2023: € 1,563,388 ▼ 3% vs 2022 (€ 1,613,876) Unchanged	€ 1,307,596 Balance sheet total 2024: € 1,307,596 ▼ 16% vs 2023 (€ 1,563,388) Unchanged	€ 1,126,339 Balance sheet total 2025: € 1,126,339 ▼ 14% vs 2024 (€ 1,307,596) Unchanged	▼ 14%
Employees (FTE)	12.9 Employees (FTE) 2022: 12.9 First fiscal year in the series	-	-	-

Key figures of MODECO, 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 MODECO?

What happened at MODECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 1, 2026 New annual accounts for financial year 2025: loss of € 187,876. Source: NBB ↗
May 29, 2012 New establishment in Beauraing. KBO
2012 Fabian Stelleman became a director. NBB
2012 Vincent Thomas became a director. NBB
May 29, 2012 Start of the company according to the CBE. KBO

In short

From € 105,143 profit in 2022 to € 187,876 loss in 2025.

Paid € 33,416 in corporate taxes since 2022.

Best year ever: 2022, with € 105,143 profit.

On average € 70,200 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

Fabian Stelleman Vincent Thomas Hop Business LU

MODECO

EFPLUS

PROMOTION IMMOBILIERE BERTRIGEOISE

M.G.C. ENTREPRISE

Behind MODECO are Fabian Stelleman, Vincent Thomas and Hop Business LU. Hop Business LU is also behind EFPLUS, PROMOTION IMMOBILIERE BERTRIGEOISE and M.G.C. ENTREPRISE.

Directors

According to the 2025 annual accounts

Fabian Stelleman

Director

since 2012

Vincent Thomas

Director

since 2012

Hop Business LU

External accountant

Also active at: EFPLUS, PROMOTION IMMOBILIERE BERTRIGEOISE, M.G.C. ENTREPRISE

Establishments

Establishment units

Physical locations of this company

Registered office

R. de la Ferme des Trois Moulins 1

5570 Beauraing

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS modeco-creation.be

Canonical: https://www.modeco-creation.be/

Technologies

ApacheCloudflare CDNJSCookie ConsentGoogle AnalyticsGoogle FontsLightboxPHPSlickWordPressYoast SEOjQuery

Hosting & Email

Email provider

Microsoft 365

Hosting

OVH, FR

DNS

OVH DNS

Website info

HTTPS Ja

Languages FR

Features

Webshop

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0846.227.703

VAT number

BE 0846.227.703

Registered office

R. de la Ferme des Trois Moulins 1, 5570 Beauraing

Names & denominations

MODECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 May 2012

Peppol

Active · Active since 24 Nov 2025

Contact

modeco-creation.be [email protected] 082/71 03 41

Activities · NACE

Overige werkzaamheden in verband met de afwerking van gebouwen

Schrijnwerk

Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗

MODECO

Warning lights

Financials

What happened to MODECO?

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions