FOCOM
ActiveSummary
FOCOM has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203k and a net result of €394. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-35
Solvency35▼-27
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 2.87 in 2024; short-term debt: 80.3% and cash: 40.2% of total assets), and 90.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.8%
Return on assets
0%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3200 sector peers (2025).
NBB · sector comparisonPosition among 3200 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
17 d early
2023
16 d early
2022
18 d early
2021
53 d early
2020
23 d early
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€394▼ 96.6%
2024 · €12k
2018: €-2klowest in 8 years
2019: €4k▲ +293% vs 2018
2020: €-1k▼ -138% vs 2019
2021: €8k▲ +626% vs 2020
2022: €45k▲ +473% vs 2021highest in 8 years
2023: €13k▼ -71.8% vs 2022
2024: €12k▼ -9.4% vs 2023
2025: €394▼ -96.6% vs 2024
2018 → 2025
Working capital
€262k▲ 5.5%
2024 · €248k
2018: €-17klowest in 8 years
2019: €-7k▲ +55.0% vs 2018
2020: €4k▲ +153% vs 2019
2021: €28k▲ +598% vs 2020
2022: €15k▼ -46.0% vs 2021
2023: €24k▲ +57.4% vs 2022
2024: €248k▲ +956% vs 2023
2025: €262k▲ +5.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€179k▲ 33.8%€191k▲ 7.1%€203k▲ 6.0%€203k▲ 0.2%
2021: €133klowest in 5 years
2022: €179k▲ +33.8% vs 2021
2023: €191k▲ +7.1% vs 2022
2024: €203k▲ +6.0% vs 2023
2025: €203k▲ +0.2% vs 2024highest in 5 years
Operating result€13k-€52k▲ 299%€15k▼ 71.6%€17k▲ 17.6%€26k▲ 48.7%
2021: €13klowest in 5 years
2022: €52k▲ +299% vs 2021highest in 5 years
2023: €15k▼ -71.6% vs 2022
2024: €17k▲ +17.6% vs 2023
2025: €26k▲ +48.7% vs 2024
Net result€8k-€45k▲ 473%€13k▼ 71.8%€12k▼ 9.4%€394▼ 96.6%
2021: €8k
2022: €45k▲ +473% vs 2021highest in 5 years
2023: €13k▼ -71.8% vs 2022
2024: €12k▼ -9.4% vs 2023
2025: €394▼ -96.6% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.08M
Fixed assets
€147k ▼ 15.2%
Current assets
€1.94M ▲ 408%
Equity and liabilities €2.08M
Equity
€203k ▲ 0.2%
Debt
€1.88M ▲ 434%
Debt's share of the balance-sheet total rises from 63.5% to 90.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€52k▲
2024 · €44k
Cash flow
€27k▼
2024 · €38k
Current ratio
1.16▼
2024 · 2.87
Quick ratio
0.54▼
2024 · 2.87
Debt to equity
9.25▲
2024 · 1.74
ROE
0.2%▼
2024 · 5.7%
ROA
0.0%▼
2024 · 2.1%
Interest coverage
2.11▼
2024 · 19.94
Debt ≤ 1 year
€1.67M▲
2024 · €133k
Debt > 1 year
€206k▼
2024 · €219k
Income taxes
€595▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€555k€2.08M▲
Fixed assets21/28€174k€147k▼
Tangible fixed assets22/27€174k€147k▼
Land and buildings22€115k€112k▼
Plant, machinery and equipment23€1k€616▼
Furniture and vehicles24€58k€35k▼
Current assets29/58€381k€1.94M▲
Stocks and contracts in progress3-€1.04M
Stocks30/36-€1.04M
Amounts receivable within one year40/41€52k€60k▲
Trade receivables40€987€11k▲
Other amounts receivable41€51k€50k▼
Cash at bank and in hand54/58€310k€837k▲
Deferred charges and accrued income490/1€19k€1k▼
Equity and liabilities
Total equity and liabilities10/49€555k€2.08M▲
Equity10/15€203k€203k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€103k€103k▲
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Distributable reserves133€84k€84k▲
Amounts payable17/49€352k€1.88M▲
Amounts payable after more than one year17€219k€206k▼
Financial debts170/4€219k€206k▼
Amounts payable within one year42/48€133k€1.67M▲
Current portion of amounts payable after more than one year42€13k€13k=
Trade debts44€7k€224k▲
Suppliers440/4€7k€224k▲
Advances received on contracts in progress46-€1.19M
Taxes, remuneration and social security45€10k€159k▲
Taxes450/3€10k€159k▲
Remuneration and social security454/9€69€0▼
Other amounts payable47/48€103k€92k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k▼
Other operating charges640/8€18k€18k▲
Gross operating margin9900€62k€70k▲
Operating profit (loss)9901€17k€26k▲
Financial charges65/66B€2k€25k▲
Recurring financial charges65€2k€25k▲
Profit (loss) for the period before taxes9903€15k€989▼
Income taxes67/77€4k€595▼
Profit (loss) for the period9904€12k€394▼
Profit (loss) for the period to be appropriated9905€12k€394▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€394▼
Transfer to equity691/2€12k€394▼
To other reserves6921€12k€394▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €54k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €13k | €26k | €26k | €26k | ▼ 0.5% |
| Other operating charges640/8 | €16k | €20k | €19k | €18k | €18k | ▲ 0.8% |
| Gross operating margin9900 | €46k | €84k | €60k | €62k | €70k | ▲ 13.6% |
| Operating profit (loss)9901 | €13k | €52k | €15k | €17k | €26k | ▲ 48.7% |
| Financial charges65/66B | €61 | €476 | €700 | €2k | €25k | ▲ 1,025% |
| Recurring financial charges65 | €61 | €476 | €700 | €2k | €25k | ▲ 1,025% |
| Profit (loss) for the period before taxes9903 | €13k | €51k | €14k | €15k | €989 | ▼ 93.4% |
| Income taxes67/77 | €5k | €6k | €1k | €4k | €595 | ▼ 83.2% |
| Profit (loss) for the period9904 | €8k | €45k | €13k | €12k | €394 | ▼ 96.6% |
| Transfer from tax-exempt reserves789 | €21k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €29k | €45k | €13k | €12k | €394 | ▼ 96.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €144k | €270k | €246k | €555k | €2.08M | ▲ 275% |
| Fixed assets21/28 | €106k | €209k | €200k | €174k | €147k | ▼ 15.2% |
| Tangible fixed assets22/27 | €106k | €209k | €200k | €174k | €147k | ▼ 15.2% |
| Land and buildings22 | €103k | €102k | €117k | €115k | €112k | ▼ 2.2% |
| Plant, machinery and equipment23 | - | €2k | €1k | €1k | €616 | ▼ 38.6% |
| Furniture and vehicles24 | €3k | €105k | €82k | €58k | €35k | ▼ 40.2% |
| Current assets29/58 | €39k | €61k | €45k | €381k | €1.94M | ▲ 408% |
| Stocks and contracts in progress3 | - | - | - | - | €1.04M | - |
| Stocks30/36 | - | - | - | - | €1.04M | - |
| Amounts receivable within one year40/41 | €1k | €1k | €40k | €52k | €60k | ▲ 16.5% |
| Trade receivables40 | €673 | €1k | €9k | €987 | €11k | ▲ 1,011% |
| Other amounts receivable41 | €342 | €253 | €31k | €51k | €50k | ▼ 2.8% |
| Cash at bank and in hand54/58 | €5k | €11k | €4k | €310k | €837k | ▲ 170% |
| Deferred charges and accrued income490/1 | €32k | €49k | €1k | €19k | €1k | ▼ 94.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €144k | €270k | €246k | €555k | €2.08M | ▲ 275% |
| Equity10/15 | €133k | €179k | €191k | €203k | €203k | ▲ 0.2% |
| Contributions10/11 | €100k | €100k | €100k | €100k | €100k | = |
| Capital10 | €100k | €100k | €100k | €100k | €100k | = |
| Issued capital100 | €100k | €100k | €100k | €100k | €100k | = |
| Reserves13 | €33k | €79k | €91k | €103k | €103k | ▲ 0.4% |
| Non-distributable reserves130/1 | €19k | €19k | €19k | €19k | €19k | = |
| Legal reserve130 | €19k | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | €15k | €60k | €72k | €84k | €84k | ▲ 0.5% |
| Amounts payable17/49 | €11k | €92k | €54k | €352k | €1.88M | ▲ 434% |
| Amounts payable after more than one year17 | - | €45k | €32k | €219k | €206k | ▼ 5.9% |
| Financial debts170/4 | - | €45k | €32k | €219k | €206k | ▼ 5.9% |
| Amounts payable within one year42/48 | €11k | €46k | €22k | €133k | €1.67M | ▲ 1,161% |
| Current portion of amounts payable after more than one year42 | - | €13k | €13k | €13k | €13k | = |
| Trade debts44 | €810 | €9k | €50 | €7k | €224k | ▲ 3,328% |
| Suppliers440/4 | €810 | €9k | €50 | €7k | €224k | ▲ 3,328% |
| Advances received on contracts in progress46 | - | - | - | - | €1.19M | - |
| Taxes, remuneration and social security45 | €10k | €9k | €8k | €10k | €159k | ▲ 1,475% |
| Taxes450/3 | €10k | €9k | €8k | €10k | €159k | ▲ 1,486% |
| Remuneration and social security454/9 | €56 | - | €6 | €69 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €16k | €931 | €103k | €92k | ▼ 10.6% |
| Accrued charges and deferred income492/3 | - | - | €39 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €45k | €13k | €12k | €394 | ▼ 96.6% |
| + Depreciation and write-downs630 | €17k | €13k | €26k | €26k | €26k | ▼ 0.5% |
| Operating cash flow (approximation) | €25k | €58k | €39k | €38k | €27k | ▼ 29.6% |
| Investment in fixed assets (approximation) | - | €-117k | €-17k | €0 | €0 | - |
| Change in cash | - | €6k | €-7k | €306k | €527k | ▲ 72.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €203k ▲6%
4 profitable years in a row build equity to €203k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €45k ▲473%
Operating result €52k, net result €45k, both a record.
31-12
Financial
Equity above €150kEq €179k ▲33.8%
2 profitable years in a row build equity to €179k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.53
Current ratio from 1.24 to 3.53; short-term debt falls from €17k to €11k.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 1987
Ground area
2,104 m²
Building footprint
492 m²
Volume, LiDAR
2,158 m³
Parcel 23322E0039/00H002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FOCOM NV
since 19872.029.480.619
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0039/00H002 | Flanders | 2,104 m² | 1 · 492 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,029 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-06-1987
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.