FONC
ActiveSummary
The computed 12-month bankruptcy probability of FONC is 4.0% (moderate). The 2024 annual accounts show negative equity (€-90k) and a net result of €-118k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability32▲+15
Solvency23▼-4
Growth32
Track record94
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 7.78 against 1.53 in 2023; short-term debt: 12.9% and cash: 0.6% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
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 2024Solvency, return and age of the figures
Solvency
-1.7%
Return on assets
-2.3%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-90k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-08-2025, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
1 d late
2023
12 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-90k
2023 · €28k
2023: €28k
2024: €-90k▼ -420% vs 2023
2023 → 2024
Total assets
€5.20M▲ 313%
2023 · €1.26M
2023: €1.26M
2024: €5.20M▲ +313% vs 2023
2023 → 2024
Net result
€-118k▼ 439%
2023 · €-22k
2023: €-22k
2024: €-118k▼ -439% vs 2023
2023 → 2024
Working capital
€4.53M▲ 941%
2023 · €436k
2023: €436k
2024: €4.53M▲ +941% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€28k-€-90k
2023: €28k
2024: €-90k▼ -420% vs 2023
Operating result€253-€67k▲ 26,458%
2023: €253
2024: €67k▲ +26458% vs 2023
Net result€-22k-€-118k▼ 439%
2023: €-22k
2024: €-118k▼ -439% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 26,458% above 2023.
Key figures and ratios
Solvency
-1.7%▼
2023 · 2.2%
Current ratio
7.78▲
2023 · 1.53
Quick ratio
0.05▼
2023 · 0.11
Debt to equity
-58.81▼
2023 · 43.81
ROA
-2.3%▼
2023 · -1.7%
Debt
€5.29M▲
2023 · €1.23M
Debt ≤ 1 year
€669k▼
2023 · €824k
Debt > 1 year
€4.62M▲
2023 · €408k
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 · 2024 against 2023 · 30 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.26M€5.20M▲
Current assets29/58€1.26M€5.20M▲
Stocks and contracts in progress3€1.17M€5.17M▲
Stocks30/36€1.17M€5.17M▲
Cash at bank and in hand54/58€89k€33k▼
Deferred charges and accrued income490/1€563€719▲
Equity and liabilities
Total equity and liabilities10/49€1.26M€5.20M▲
Equity10/15€28k€-90k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-22k€-140k▼
Amounts payable17/49€1.23M€5.29M▲
Amounts payable after more than one year17€408k€4.62M▲
Financial debts170/4€408k€4.62M▲
Amounts payable within one year42/48€824k€669k▼
Financial debts43€814k€535k▼
Credit institutions430/8€814k€535k▼
Trade debts44€9k€134k▲
Suppliers440/4€9k€134k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€824€3k▲
Gross operating margin9900€2k€70k▲
Operating profit (loss)9901€253€67k▲
Financial charges65/66B€22k€185k▲
Recurring financial charges65€22k€185k▲
Profit (loss) for the period before taxes9903€-22k€-118k▼
Profit (loss) for the period9904€-22k€-118k▼
Profit (loss) for the period to be appropriated9905€-22k€-118k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-140k▼
Profit (loss) brought forward from the previous period14P-€-22k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | - | - |
| Other operating charges640/8 | €824 | €3k | ▲ 304% |
| Gross operating margin9900 | €2k | €70k | ▲ 2,744% |
| Operating profit (loss)9901 | €253 | €67k | ▲ 26,458% |
| Financial charges65/66B | €22k | €185k | ▲ 736% |
| Recurring financial charges65 | €22k | €185k | ▲ 736% |
| Profit (loss) for the period before taxes9903 | €-22k | €-118k | ▼ 439% |
| Profit (loss) for the period9904 | €-22k | €-118k | ▼ 439% |
| Profit (loss) for the period to be appropriated9905 | €-22k | €-118k | ▼ 439% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.26M | €5.20M | ▲ 313% |
| Current assets29/58 | €1.26M | €5.20M | ▲ 313% |
| Stocks and contracts in progress3 | €1.17M | €5.17M | ▲ 342% |
| Stocks30/36 | €1.17M | €5.17M | ▲ 342% |
| Cash at bank and in hand54/58 | €89k | €33k | ▼ 63.0% |
| Deferred charges and accrued income490/1 | €563 | €719 | ▲ 27.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.26M | €5.20M | ▲ 313% |
| Equity10/15 | €28k | €-90k | ▼ 420% |
| Contributions10/11 | €50k | €50k | = |
| Profit (loss) carried forward14 | €-22k | €-140k | ▼ 539% |
| Amounts payable17/49 | €1.23M | €5.29M | ▲ 330% |
| Amounts payable after more than one year17 | €408k | €4.62M | ▲ 1,034% |
| Financial debts170/4 | €408k | €4.62M | ▲ 1,034% |
| Amounts payable within one year42/48 | €824k | €669k | ▼ 18.8% |
| Financial debts43 | €814k | €535k | ▼ 34.3% |
| Credit institutions430/8 | €814k | €535k | ▼ 34.3% |
| Trade debts44 | €9k | €134k | ▲ 1,315% |
| Suppliers440/4 | €9k | €134k | ▲ 1,315% |
| Accrued charges and deferred income492/3 | - | €4k | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-22k | €-118k | ▼ 439% |
| + Depreciation and write-downs630 | €1k | - | - |
| Operating cash flow (approximation) | €-20k | €-118k | ▼ 476% |
| Change in cash | - | €-56k | - |
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
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 1 day late
2024
31-12
Financial
Liquidity times 5current ratio 7.78
Current ratio from 1.53 to 7.78; short-term debt falls from €824k to €669k.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brasschaat · 1 establishment unit since 2022
Ground area
1.5 ha
Building footprint
2,025 m²
Volume, LiDAR
24,938 m³
Parcel 11008B0231/00M000, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
FONC
since 20222.341.385.208
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008B0231/00M000 | Flanders | 1.5 ha | 1 · 2,025 m² | 16.3 m · 4 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded19-05-2022
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.