Fold

Active

Private limited companyfounded 2009active for 17 yearsAalbeeksesteenweg(Kor) 80, 8500 Kortrijk, BelgiumKBO/BCE: BE 0817.568.359

Summary

Fold has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52,146 and a net result of €27,575. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 25% of 20,539 sector peers (NACE 62, financial year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Risk analysisFollow Report Compare

FoldActiveChecked score 55/100

Risk analysis Report Compare

Activity

Other information technology and computer services

NACE 62900Advertising agencies NACE 73110

1 site

Size

€157,291total assets 2024

Staff: 1 FTE
Equity: €52,146
Profit: €27,575

Turnover not published (micro format)

Financial health

55 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 1.4%

Structure

KHAN TimurDirector

2025 accounts not filed, 87 days past the deadline2 of 9 deeds summarised

Why 55raises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 111 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 21-11-2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Founded in 2009Show the evidence

Checked score

Score 2024

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 46% of its sector peers (NACE 62, micro)

A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 58+15

equity 33.2% of total assets

Liquidity 22+9

short-term debt 59.7% · cash 2.7%

Profitability 91-9

return on assets 17.5%

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,883 companies, NACE 62, micro)

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.6%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%▲ +0.1 percentage points vs 01-2025 03-2025: 0.6%▼ -0.1 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025lowest value 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.1%▲ +0.1 percentage points vs 08-2025 10-2025: 1.4%▲ +0.3 percentage points vs 09-2025 11-2025: 1.5%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 0.7%▼ -0.8 percentage points vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.8%▲ +0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.7%▼ -0.1 percentage points vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.3 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 1.4%▲ +0.2 percentage points vs 09-2026

Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity tight (current ratio 1.32, compared with 1.35 in 2023, below the usual 1.5; short-term debt: 59.7% and cash: 2.7% of total assets), and 66.8% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 31% on solvency, 8% on liquidity, 54% on profitability and 91% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

1 financial year not filed after the legal deadline; last filed accounts filed 111 days late; 3 of the last 3 late

NBB · filings

Figures for financial year 2024 (filed 21-11-2025)

NBB · annual accounts

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Founded in 2009

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 20539 sector peers (2024).

NBB · sector comparison

Position among 20539 sector peers

Solvency

better than 25%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 7 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 111 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-11-2025, 111 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 7 filings

Deviation from the deadline

2025

not filed

2024

111 days late

2023

61 days late

2022

342 days late

2021

4 days early

2020

153 days late

2019

131 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 132 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

19-11-2025 Annual accounts filedfinancial year 2024 · micro…
21-01-2025 Amendment of the articlesPurpose change · Power of…
30-09-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
One director decidessole director in office 1 View
Total assets 20246 financial years filed €157,291 View

By topic

Financials

Financial year: 2024
Total assets: €157,291
Profit: €27,575
Solvency: 33.2%

Total assets▲ 13.2%

Net result

20182024

Go to Financials

Board & ownership

Board: 1 member

KHAN TimurDirector

Go to Board & ownership

Timeline

Events: 13
Since: 2019

07-07-2024Annual accounts filed
31-12-2023Back to profit
31-12-2023Liquidity more than doubled

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other information technology and computer servicesNACE 62900
Founded: 03-08-2009
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 31

Who signs: Each director alone
Financial year: Closes on 30 December
Annual meeting: First Sunday of June at 10:00

Go to Articles of association

Key facts about Fold

What is the company number of Fold?: 0817.568.359. In Belgium the VAT number is the company number with BE in front: BE 0817.568.359.
Where is Fold based?: The registered office is at Aalbeeksesteenweg(Kor) 80, 8500 Kortrijk.Company details
What does Fold do?: According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
What is the legal form of Fold?: Private limited company (BV).
When was Fold founded?: On 03-08-2009.
Is Fold still active?: Yes, Fold is an active enterprise in the KBO register.
How many employees does Fold have?: On average 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Fold?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Fold profitable?: In financial year 2024, Fold made a profit of €27,575.
Where can I find the annual accounts of Fold?: Fold filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.