Equity
€110,726 ▼ 4.4%
FOBO paid out €23,595 in dividends. That is 127% of the 2025 profit.
FOBO
Lifetime
11 annual accounts with figures on one time axisGross marginpeak €280,461 (2023)
€189,231▼ 21.6%
Resultlowest -€26,016 (2020)
€18,513▼ 42.8%
Equitypeak €152,311 (2022)
€110,726▼ 4.4%
Debts
€111,794▼ 25.0%
Staffpeak 0.4 FTE (2015)
-not published
Board2 names since 2021
2 directorsde Boevé Jelle Isabel Frank and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €241,346 to €189,231Result from €32,361 to €18,513Dividend €23,595Debts from €149,086 to €111,794Cash from €110,912 to €45,847
Key points
from the 2025 annual accountsChecked score
87
Excellent
Financially stronger than 55% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%▼ -0.2 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.4%▼ -0.4 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%▼ -0.3 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Founded in 2014
Liquidity: current ratio 1.40, cash €45,847, halved
Equity €110,726 (49.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 68% of them on solvency, 53% on liquidity, 64% on profitability and 36% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as FOBO has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of FOBO itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for FOBO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (1.24 in 2024), below the usual 1.5. Short-term debt is 50.2% and cash 20.6% of total assets. 50.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
29 days late
2023
12 days early
2022
30 days late
2021
29 days late
2020
27 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0567620343
Company renamed from de Boevé-Follebout to FOBO
Registered office moved to Ghent · New registered office: Klein Turkije 16, 9000 Gent · Changes of role: Follebout Marie Urbain Louisa (director) and de Boevé Jelle Isabel Frank (director) · Gazette deed
First establishment
MISSY SIPPY, Klein Turkije 16, Ghent
Incorporation
published on 17-11-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| FOBO Ghent | €222,520 | €189,231 | 49.8% | - |
| WARDENIER Ghent | €228,800 | €160,717 | 58.7% | - |
| Janine's Ghent | €242,338 | €199,840 | 16.5% | - |
| JIU JIU Sint-Niklaas | €203,605 | €184,415 | 52.1% | - |
| ANITA DAHAL Ninove | €229,550 | €190,280 | 40.3% | - |
| HET PALINGSHUIS Temse | €221,940 | €203,165 | 37.7% | - |
| LIN YE Waterloo | €219,218 | €195,940 | 35.0% | - |
These companies have the same main activity as FOBO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €204,000 and €242,000, founded between 2012 and 2016.
Official details
Source: KBO- Status
- Active since 31-10-2014Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Joint committee
- 302Hotels and catering · annual accounts 2021
- Establishment unit
- 2.237.722.4949000 Ghent, since 05-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- Turnover
- ≈ €550,000estimated
- Total assets
- €222,520▼ 16.0%
- Employeeson 31-12-2025
- 2▼ 50.0%
- Filing
- Filed on 28-08-2026
Insights on FOBO
FOBO files the micro format. That format states no turnover. The gross margin rose from €53,149 in 2015 to €189,231 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FOBO
- What is the company number of FOBO?
- The company number of FOBO is 0567.620.343. The VAT number is the same number with BE in front: BE 0567.620.343.
- Where is FOBO based?
- The registered office is at Klein Turkije 16, 9000 Ghent.Company details
- What does FOBO do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of FOBO?
- FOBO is a private limited company (BV).
- When was FOBO founded?
- FOBO was founded on 31-10-2014.
- Is FOBO still active?
- Yes, FOBO is an active enterprise in the KBO register.
- How many employees does FOBO have?
- FOBO had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FOBO fall under?
- In its 2021 annual accounts, FOBO states joint committee 302 (Hotels and catering).
- What is the turnover of FOBO?
- The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €189,231 and 86 comparable companies (NACE 56111). It probably lies between €460,000 and €670,000.
- Is FOBO profitable?
- In financial year 2025, FOBO made a profit of €18,513.
- Where can I find the annual accounts of FOBO?
- FOBO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FOBO due?
- FOBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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