BlinkGPIO is a very simple STM model, which reads the input on port A pin 0 (Blue User button on board). While the User button is pressed, all User LEDs (port D pin 12 - 15) are on, else off. Use this model to see if your Modelica tool can export code for STM32F4 MCUs.
STM digital pins 12 - 15 on port D corresponds to digital pin D12 - D15 on the STM32F4-Discovery. If desired, you can connect an external LEDs to this PINs, with a suitable resistor in-between (perhaps 220Ω). Connect the other PIN on the LED to ground.