Foldboys
ActiveSummary
Foldboys has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-34k) and a net result of €-7k. Equity is shrinking by ~62.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 3480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
23
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 2.34 in 2024; short-term debt: 105.8% and cash: 11.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-183.1%
Return on assets
-36.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-34k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
2 d early
2022
1 d late
2021
5 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-34k▼ 25.2%
2024 · €-27k
2021: €34k
2022: €8k
2023: €-4k
2024: €-27k
2021 → 2025
Total assets
€19k▼ 51.2%
2024 · €38k
2021: €47k
2022: €85k
2023: €63k
2024: €38k
2021 → 2025
Net result
€-7k▲ 70.5%
2024 · €-23k
2021: €24k
2022: €-26k
2023: €-12k
2024: €-23k
2021 → 2025
Working capital
€-2k
2024 · €19k
2021: €37k
2022: €57k
2023: €41k
2024: €19k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€8k▼ 77.8%€-4k€-27k▼ 583%€-34k▼ 25.2%
Operating result€30k-€-25k€-10k▲ 58.9%€-23k▼ 122%€-10k▲ 54.5%
Net result€24k-€-26k€-12k▲ 56.1%€-23k▼ 103%€-7k▲ 70.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €23k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€602 ▼ 87.5%
Current assets
€18k ▼ 45.9%
Key figures and ratios
EBITDA
€-10k▲
2024 · €-21k
Cash flow
€-6k▲
2024 · €-22k
Solvency
-183.1%▼
2024 · -71.5%
Current ratio
0.92▼
2024 · 2.34
Quick ratio
0.18▼
2024 · 0.91
Debt to equity
-1.55▲
2024 · -2.40
ROA
-36.8%▲
2024 · -61.0%
Interest coverage
-26.97▲
2024 · -45.06
Debt
€53k▼
2024 · €66k
Debt ≤ 1 year
€20k▲
2024 · €14k
Debt > 1 year
€33k▼
2024 · €52k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€38k€19k▼
Fixed assets21/28€5k€602▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€5k€602▼
Plant, machinery and equipment23€4k€0▼
Furniture and vehicles24€1k€602▼
Current assets29/58€34k€18k▼
Stocks and contracts in progress3€21k€15k▼
Stocks30/36€21k€15k▼
Amounts receivable within one year40/41€4k€1k▼
Trade receivables40€3k€770▼
Other amounts receivable41€2k€647▼
Cash at bank and in hand54/58€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€38k€19k▼
Equity10/15€-27k€-34k▼
Contributions10/11€10k€10k=
Reserves13€24k€24k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€-61k€-68k▼
Amounts payable17/49€66k€53k▼
Amounts payable after more than one year17€52k€33k▼
Other amounts payable178/9€52k€33k▼
Amounts payable within one year42/48€14k€20k▲
Trade debts44€6k€0▼
Suppliers440/4€6k€0▼
Taxes, remuneration and social security45€652€1k▲
Taxes450/3€652€1k▲
Other amounts payable47/48€8k€19k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€462▼
Other operating charges640/8€795€171▼
Gross operating margin9900€-21k€-10k▲
Operating profit (loss)9901€-23k€-10k▲
Financial income75/76B-€4k
Recurring financial income75-€25
Non-recurring financial income76B-€4k
Financial charges65/66B€476€370▼
Recurring financial charges65€476€370▼
Profit (loss) for the period before taxes9903€-23k€-7k▲
Profit (loss) for the period9904€-23k€-7k▲
Profit (loss) for the period to be appropriated9905€-23k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-68k▼
Profit (loss) brought forward from the previous period14P€-38k€-61k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-12
Financial
Weakest financial yearnet €-26k ▼210%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Schilde · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Silvesterlaan 242970 SchildeGround area
3,476 m²
Building footprint
332 m²
Volume, LiDAR
2,007 m³
Parcel 11041B0517/00T002, Flanders · tallest building 18.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Foldboys
since 20212.312.960.050
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0517/00T002 | Flanders | 3,476 m² | 1 · 332 m² | 18.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 6,443 EUR awarded · 6,443 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,443 EUR | 3,443 EUR |
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies voor internationaal ondernemen
Similar companies · same sector, comparable size
SA Textile Group
BE 1011.857.379
Elsene · Eq €7,641
The Eye consult
BE 0810.248.918
Ukkel · Eq €7,665
Ultimate Group
BE 0732.975.451
Etterbeek · Eq €7,750
HDE Studio
BE 0769.347.184
Antwerpen · Eq €7,756
ALTERA
BE 0891.642.311
Liège · Eq €7,806
Of 3,839 companies in sector 74111 we hold annual accounts for 1,006. 291 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
47789Other retail sale of new goods
77229Renting and leasing of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.