What Modulart S.A. - N.V. does

Modulart S.A. - N.V. is a Belgian turnkey modular construction company founded in 2004 by inventor Marc Louis together with entrepreneurs Ghislain de Changy and Frédéric Mercier, headquartered at a 10,000 m² manufacturing facility in Tubize. The company designs, manufactures, and assembles residential homes, multi-unit apartment buildings, offices, crèches, and schools using a proprietary reinforced-concrete ("armed concrete") modular system, with 90% of each build completed off-site in its controlled workshop and the modules then assembled on the customer's plot in a single day before a roughly 60-working-day finishing phase. All homes are delivered PEB A or A+ certified and the system holds European Technical Approval including authorization for seismic-zone construction, recognized with a Silver Medal at the Geneva International Invention Fair.

The product catalog comprises 22 distinct house models (ranging from compact ~112 m² units to ~252 m² villas, with prices from approximately €139,629 to €276,866 HTVA) and three multi-apartment investment buildings (2x2, 2x3, and 6x3 configurations, from €212,019 to €874,459 HTVA), marketed at a starting price of roughly €1,500/m² HTVA — about 10% below traditional construction. Revenue is generated from one-time turnkey sales of these prefabricated modules, with optional add-on packs (Architect Pack at 3.9% of base, Permit Pack at €6,400, foundations, decennial insurance, and photovoltaic packages) and a payment structure of 90% on assembly day and 10% at key handover.

The go-to-market is direct-to-consumer and field-sales, operated from the Tubize HQ and supplemented by show-home locations in Jodoigne and Tubize, recurring open-house events, and annual presence at Belgium's Batibouw trade show. Customer segments span individual homeowners (primary), property developers (apartment investment buildings), commercial businesses, and the public sector (crèches and schools). Core technology integrations include SMEG kitchen appliances and the Renson Healthbox 3.0 ventilation system as standard equipment. The company is privately held with no disclosed institutional investors or funding rounds and operates solely within Belgium across Wallonia, Flanders, and Brussels.

Name

Modulart S.A. - N.V.

Legal name

Modulart

Website

https://modulart.be

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Modulart S.A. - N.V. is a Belgian modular construction company, founded in 2004 in Tubize, that designs, prefabricates, and assembles turnkey reinforced-concrete homes, apartment buildings, and public buildings for individual homeowners, property developers, businesses, and the public sector in Belgium.

Ownership category

akta.pro rank

Product category

Modular Construction

NAICS

Residential Building Construction (23611), New Multifamily Housing Construction (except For-Sale Builders) (236116), Commercial and Institutional Building Construction (236220)

SIC

General Bldg Contractors - Residential Bldgs (1520), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Residential Modular & Prefabricated Home Construction (IMAFABAF)

akta.pro secondary industries

Modular/Offsite General Contracting & Installation (IMAFAAAK), Modular/Prefabricated Classroom Buildings & Installation (EDAEABAH), Office & Corporate Building Construction (IMAFACAA)

Keywords

• Modular construction
• Prefabricated homes
• Concrete housing
• Turnkey buildings
• Modular residential

Headquarters

HQ city

Tubize

HQ country

Belgium

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Modular Home Sales (Turnkey): One-time sale of prefabricated modular homes delivered as turnkey (clé sur porte) solutions. Revenue is generated from the base model price plus optional packs (Architect Pack, Permit Pack), foundations, insurance, and photovoltaic installations. Payment structure: 90% on assembly day, 10% at key handover.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Modulart designs and manufactures prefabricated modular houses and multi-unit buildings using reinforced (armed) concrete modules. Approximately 90% of construction is completed in their 10,000 m² workshop in Tubize, with on-site assembly finished in a single day and final fit-out within 60 working days. The company delivers turnkey ("clé sur porte") solutions to individual homeowners, property developers, businesses, and public-sector clients in Belgium.

Product overview

Modulart S.A. - N.V. is a Belgian modular construction company founded in 2004, specializing in prefabricated reinforced concrete homes delivered as turnkey (clé sur porte) solutions. The company operates a portfolio of 22 distinct house models (Garden, Cosy, Spirit, Louisiane, Marina M1, One-Floor 4, Stockholm, Line, Cottage, Nevada, City, Bella, Marina M2, California, Oslo, Palace, Toscane, One-Floor 3, Trianon) and 3 multi-apartment investment building models (Immeuble de rapport 2x2, 2x3, 6x3). All constructions are built approximately 90% in the company's Tubize workshop, then assembled on-site in a single day, with final finishes completed in 60 working days. The product line covers single-family homes, apartment buildings for investors, and solutions for public services (schools, crèches). Pricing starts at approximately 1,500 €/m² excl. VAT, with all models guaranteed to meet PEB A or PEB A+ energy standards.

Differentiator

Problem solved

Functional benefit

Products and services

• Garden A modular prefabricated concrete house model with a garden layout, 132 m² of living space, open-plan ground-floor living/dining area, first-floor bedrooms, bathroom with bathtub, and a 36 m² convertible attic, targeted at individual homeowners.
• Cosy A traditionally styled single-family modular home of approximately 132 m² across ground and first floors, featuring 3 bedrooms and a bathroom, designed for individual buyers seeking a classic aesthetic.
• Spirit A 132 m² modular home with a 47 m² open-plan ground floor, 3 bedrooms (12–16.5 m²), bathroom, and 35 m² convertible attic option, targeted at individual homeowners.
• Louisiane A 5-module 182 m² villa with open-plan living, 12 m² office, garage, 3 bedrooms (13.2–17 m²) with dressing room, and optional 36 m² attic extension, targeted at individual buyers wanting larger family homes.
• Marina (M1) A 198 m² family home with 47 m² open living space, garage, 4 bedrooms (10.5–20 m²), bathroom, shower room, and 54 m² attic, designed for individual families needing more space.
• One-Floor 4 A single-level modular home of over 130 m² featuring a 50 m² open living area, 2 bedrooms (10–10.7 m²), bathroom with bathtub, 28.5 m² garage, and optional 73 m² attic conversion, targeted at homeowners preferring single-story layouts.
• Stockholm A modern 198 m² villa with a 12 m² office, open-plan living, garage, 4 bedrooms, master suite with dressing room and bathroom, and additional bedroom with shower room, targeted at individual buyers seeking premium finishes.
• Line A bi-level modular home with a 50 m² ground-floor living space, a choice of master bedroom with dressing or 2 bedrooms on ground floor, bathroom, and 65+ m² first-floor multipurpose room, targeted at individual owners wanting flexible space.
• Nevada A 132 m² modern home with a 49 m² open living area, 3 bedrooms (10.5–18 m²), and bathroom, featuring a contemporary design for individual buyers.
• Immeuble de rapport 6x3 A large investment building with 6 apartments of 90 m² each (12 bedrooms total), each with 2 bedrooms, bathroom, and equipped kitchen, targeted at property developers and investors for multi-unit rental or resale.
• Immeuble de rapport 2x3 Investment property with 2 apartments of 90 m² each featuring 2 bedrooms, full bathroom, and equipped kitchen, targeted at investors for rental income.

Quantifiable outcome

• Construction time: 4 months workshop + 1 day assembly + 60 days finishing
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• SMEGcoreTechnology or IntegrationSMEG appliances (refrigerator, ceramic hob, hood, and oven) are included as standard equipment in Modulart homes. This partnership ensures quality kitchen appliances are integrated into the prefabricated modules.
• RensoncoreTechnology or IntegrationRenson Healthbox 3.0 ventilation system is installed in all homes, controllable via smartphone for optimal air quality management.
• Material SupplierscoreTechnology or IntegrationVarious labeled material suppliers including logos visible on website. These partnerships ensure quality materials are used in construction.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• TopHat: UK technology-enabled modular home builder targeting developers with custom factory-built houses. Comparable on technology-augmented prefab production, developer B2B go-to-market, and energy-rated turnkey delivery.
• Plant Prefab: US custom modular home manufacturer focused on sustainable, factory-built single-family and multi-family housing. Comparable on custom modular residential construction, sustainability/energy claims, and direct-to-consumer developer/buyer sales.

Direct peers

• Ilke Homes: UK modular homes manufacturer producing factory-built residential units for developers and housing associations. Comparable on industrialized modular construction, fixed-price delivery, and targeting institutional/residential developer buyers.
• Legal & General Modular Homes: UK factory-built modular housing business focused on affordable and large-scale residential developments. Comparable on industrialized off-site manufacturing of homes with energy performance and developer/affordable-housing go-to-market.
• WeberHaus GmbH & Co. KG: German prefab home manufacturer offering turnkey energy-efficient single-family houses with a broad model catalog. Highly comparable to Modulart on factory-built, customer-configurable, fixed-price residential homes with strong energy performance claims.
• Hanse Haus GmbH & Co. KG: German turnkey prefab home builder producing energy-efficient single-family homes in factory. Closely comparable to Modulart on model catalog, fixed-price delivery, and energy-performance positioning targeting first-time buyers and developers.
• Baufritz GmbH: Premium German prefab home maker focused on sustainability, energy efficiency, and factory-built turnkey delivery. Comparable to Modulart in positioning on healthy/energy-rated homes sold directly to end customers through a model catalog.
• Wolf Haus S.p.A. Italian prefabricated house manufacturer with multi-decade track record delivering turnkey residential homes and villas across Europe. Comparable to Modulart on factory-built single-family prefab delivered on-site with finishing included.

Broad incumbents

• Bouygues Construction: Major French construction group with modular/off-site capability and a broad commercial and residential portfolio. Comparable as a larger incumbent operating in adjacent prefab and turnkey construction across Benelux/France, able to compete with Modulart on large institutional tenders.
• Daiwa House Industry Co., Ltd. Japan's largest prefab and modular home builder with broad product portfolio and global operations. Comparable on industrialized factory-built residential delivery and energy-rated housing, at much larger scale and broader geography than Modulart.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Modulart.be
• LinkedInlinkedin.com/company/modulart-s-a-

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modulart S.A. - N.V.