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FONGO

Active
Private limited companyfounded 2017active for 9 yearsRue Bruyère de Virginal 73, 1460 Ittre, BelgiumKBO/BCE: BE 0682.834.171

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FONGO has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93,480 and a net result of €39,628. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 51% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
31-07-2026
Format
micro format
Reference
2026-00380381
Turnover
≈ €120,000
Estimated: probably between €100,000 and €160,000
Total assets
€152,826▲ 42.9%
2024 · €106,937
Net result
€39,628▲ 66.3%
2024 · €23,832
Working capital
€78,950▲ 76.0%
2024 · €44,859
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 60% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€55,672 2025 Net result€39,628 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€10,271-€17,097€11,285▼ 34.0%€14,582▲ 29.2%€13,593▼ 6.8%€21,179▲ 55.8%€34,762▲ 64.1%€55,672▲ 60.2%
Net result-€11,728-€7,372€3,522below the sector's middle half▼ 52.2%€7,333within the sector's middle half▲ 108%€5,436within the sector's middle half▼ 25.9%€11,885within the sector's middle half▲ 119%€23,832within the sector's middle half▲ 101%€39,628within the sector's middle half▲ 66.3%
Equity-€5,528-€1,844€5,366below the sector's middle half▲ 191%€12,698below the sector's middle half▲ 137%€18,134below the sector's middle half▲ 42.8%€30,020within the sector's middle half▲ 65.5%€53,852within the sector's middle half▲ 79.4%€93,480within the sector's middle half▲ 73.6%
Total assets€32,885-€75,412▲ 129%€89,792within the sector's middle half▲ 19.1%€90,587within the sector's middle half▲ 0.9%€99,872within the sector's middle half▲ 10.2%€94,664within the sector's middle half▼ 5.2%€106,937within the sector's middle half▲ 13.0%€152,826within the sector's middle half▲ 42.9%
Debt€38,414-€73,568▲ 91.5%€84,427▲ 14.8%€77,889▼ 7.7%€81,737▲ 4.9%€64,645▼ 20.9%€53,085▼ 17.9%€59,346▲ 11.8%
Working capital-€6,728--€6,690▲ 0.6%€8,408below the sector's middle half€12,472below the sector's middle half▲ 48.3%€18,019within the sector's middle half▲ 44.5%€21,087within the sector's middle half▲ 17.0%€44,859within the sector's middle half▲ 113%€78,950within the sector's middle half▲ 76.0%
Solvency-16.8%-2.4%▲ 19.3pp6.0%below the sector's middle half▲ 3.5pp14.0%below the sector's middle half▲ 8.0pp18.2%below the sector's middle half▲ 4.1pp31.7%below the sector's middle half▲ 13.6pp50.4%within the sector's middle half▲ 18.6pp61.2%within the sector's middle half▲ 10.8pp
Current ratio0.82-0.91▲ 0.081.11below the sector's middle half▲ 0.201.19below the sector's middle half▲ 0.081.25below the sector's middle half▲ 0.061.33within the sector's middle half▲ 0.071.85within the sector's middle half▲ 0.522.33within the sector's middle half▲ 0.49
Return on assets (ROA)-35.7%-9.8%▲ 45.4pp3.9%within the sector's middle half▼ 5.9pp8.1%within the sector's middle half▲ 4.2pp5.4%within the sector's middle half▼ 2.7pp12.6%within the sector's middle half▲ 7.1pp22.3%within the sector's middle half▲ 9.7pp25.9%within the sector's middle half▲ 3.6pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152,826
Fixed assets €14,610 ▲ 62.5%
Current assets €138,216 ▲ 41.1%
Equity and liabilities €152,826
Equity €93,480 ▲ 73.6%
Debt €59,346 ▲ 11.8%
Debt's share of the balance-sheet total falls from 49.6% to 38.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57,800▲
2024 · €36,724
Cash flow
€41,756▲
2024 · €25,793
Debt to equity
0.63▼
2024 · 0.99
ROE
42.4%▼
2024 · 44.3%
Interest coverage
8.87▼
2024 · 15.38
Debt ≤ 1 year
€59,266▲
2024 · €53,085
Income taxes
€12,900▲
2024 · €10,720
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as FONGO has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of FONGO itself is lower: 0.2% within 12 months. It rests on far more data about FONGO than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,972 companies, not a prediction for FONGO. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€106,937€152,826▲
Fixed assets21/28€8,992€14,610▲
Tangible fixed assets22/27€7,792€13,410▲
Plant, machinery and equipment23€5,688€6,130▲
Furniture and vehicles24€2,104€4,103▲
Other tangible fixed assets26-€3,178
Financial fixed assets28€1,200€1,200=
Current assets29/58€97,944€138,216▲
Amounts receivable after more than one year29€57,300€57,300=
Other amounts receivable291€57,300€57,300=
Amounts receivable within one year40/41€36,777€64,693▲
Trade receivables40€16,256€14,398▼
Other amounts receivable41€20,521€50,294▲
Cash at bank and in hand54/58€3,785€4,867▲
Deferred charges and accrued income490/1€82€11,357▲
Equity and liabilities
Total equity and liabilities10/49€106,937€152,826▲
Equity10/15€53,852€93,480▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14€47,652€87,280▲
Amounts payable17/49€53,085€59,346▲
Amounts payable within one year42/48€53,085€59,266▲
Financial debts43€5,369€5,297▼
Credit institutions430/8€5,369€5,297▼
Trade debts44€8,912€10,293▲
Suppliers440/4€8,912€10,293▲
Taxes, remuneration and social security45€38,805€43,676▲
Taxes450/3€38,805€43,676▲
Accrued charges and deferred income492/3-€80
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,962€2,128▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3,557-
Other operating charges640/8€2,810€2,982▲
Gross operating margin9900€43,091€60,782▲
Operating profit (loss)9901€34,762€55,672▲
Financial income75/76B€2,178€3,371▲
Recurring financial income75€2,178€3,371▲
Financial charges65/66B€2,388€6,515▲
Recurring financial charges65€2,388€6,515▲
Profit (loss) for the period before taxes9903€34,552€52,528▲
Income taxes67/77€10,720€12,900▲
Profit (loss) for the period9904€23,832€39,628▲
Profit (loss) for the period to be appropriated9905€23,832€39,628▲
Appropriation of the result
Profit (loss) to be appropriated9906€47,652€87,280▲
Profit (loss) brought forward from the previous period14P€23,820€47,652▲

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3,666€3,681€4,905€1,921€1,956€1,962€2,128▲ 8.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€3,557--
Other operating charges640/8---€1,376€2,516€4,483€2,810€2,982▲ 6.1%
Gross operating margin9900-€7,363€21,563€19,271€20,863€18,030€27,619€43,091€60,782▲ 41.1%
Operating profit (loss)9901-€10,271€17,097€11,285€14,582€13,593€21,179€34,762€55,672▲ 60.2%
Financial income75/76B---€1,668€1,754€2,252€2,178€3,371▲ 54.8%
Recurring financial income75€1,431€1,926€1,719€1,668€1,754€2,252€2,178€3,371▲ 54.8%
Financial charges65/66B---€4,240€4,572€5,296€2,388€6,515▲ 173%
Recurring financial charges65€2,376€8,817€6,169€4,240€4,572€5,296€2,388€6,515▲ 173%
Profit (loss) for the period before taxes9903-€11,216€10,206€6,835€12,010€10,774€18,136€34,552€52,528▲ 52.0%
Income taxes67/77€512€2,834€3,313€4,678€5,338€6,250€10,720€12,900▲ 20.3%
Profit (loss) for the period9904-€11,728€7,372€3,522€7,333€5,436€11,885€23,832€39,628▲ 66.3%
Profit (loss) for the period to be appropriated9905-€11,728€7,372€3,522€7,333€5,436€11,885€23,832€39,628▲ 66.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€32,885€75,412€89,792€90,587€99,872€94,664€106,937€152,826▲ 42.9%
Fixed assets21/28€1,200€8,534€6,809€12,236€10,890€8,933€8,992€14,610▲ 62.5%
Tangible fixed assets22/27-€7,334€5,609€11,036€9,690€7,733€7,792€13,410▲ 72.1%
Plant, machinery and equipment23---€8,489€7,556€6,622€5,688€6,130▲ 7.8%
Furniture and vehicles24---€2,547€2,134€1,111€2,104€4,103▲ 95.0%
Other tangible fixed assets26-------€3,178-
Financial fixed assets28€1,200€1,200€1,200€1,200€1,200€1,200€1,200€1,200=
Current assets29/58€31,685€66,878€82,984€78,351€88,982€85,731€97,944€138,216▲ 41.1%
Amounts receivable after more than one year29---€57,300€57,300€57,300€57,300€57,300=
Other amounts receivable291---€57,300€57,300€57,300€57,300€57,300=
Stocks and contracts in progress3--€655€1,652€3,355€3,557---
Stocks30/36---€1,652€3,355€3,557---
Amounts receivable within one year40/41€29,182€32,872€23,700€7,166€24,076€22,149€36,777€64,693▲ 75.9%
Trade receivables40---€7,166€13,340€18,318€16,256€14,398▼ 11.4%
Other amounts receivable41----€10,737€3,831€20,521€50,294▲ 145%
Cash at bank and in hand54/58€2,365€6,844€1,122€12,025€3,957€2,441€3,785€4,867▲ 28.6%
Deferred charges and accrued income490/1---€207€294€284€82€11,357▲ 139×
Equity and liabilities
Total equity and liabilities10/49€32,885€75,412€89,792€90,587€99,872€94,664€106,937€152,826▲ 42.9%
Equity10/15-€5,528€1,844€5,366€12,698€18,134€30,020€53,852€93,480▲ 73.6%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€11,728-€4,356-€834€6,498€11,934€23,820€47,652€87,280▲ 83.2%
Amounts payable17/49€38,414€73,568€84,427€77,889€81,737€64,645€53,085€59,346▲ 11.8%
Amounts payable within one year42/48€38,414€73,568€74,576€65,879€70,963€64,645€53,085€59,266▲ 11.6%
Financial debts43----€4,157€5,344€5,369€5,297▼ 1.3%
Credit institutions430/8----€4,157€5,344€5,369€5,297▼ 1.3%
Trade debts44€8,431€13,731€25,956€28,659€23,707€7,853€8,912€10,293▲ 15.5%
Suppliers440/4---€28,659€23,707€7,853€8,912€10,293▲ 15.5%
Taxes, remuneration and social security45---€35,627€43,100€51,448€38,805€43,676▲ 12.6%
Taxes450/3---€35,627€43,100€51,448€38,805€43,676▲ 12.6%
Other amounts payable47/48---€1,593-----
Accrued charges and deferred income492/3---€12,010€10,774--€80-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€11,728€7,372€3,522€7,333€5,436€11,885€23,832€39,628▲ 66.3%
+ Depreciation and write-downs630-€3,666€3,681€4,905€1,921€1,956€1,962€2,128▲ 8.5%
Operating cash flow (approximation)-€11,728€11,039€7,203€12,237€7,357€13,842€25,793€41,756▲ 61.9%
Investment in fixed assets (approximation)--€11,000-€1,956-€10,333-€574€0-€2,021-€7,745▼ 283%
Change in cash-€4,479-€5,722€10,903-€8,068-€1,516€1,344€1,081▼ 19.6%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00380381 NBB
31-12-2024 micro format 29-08-2025 2025-00460006 PDF
31-12-2023 micro format 30-09-2024 2024-00497452 PDF
31-12-2022 micro format 31-08-2023 2023-00398583 PDF
31-12-2021 micro format 23-08-2022 2022-20306543 PDF
31-12-2020 micro format 13-09-2021 2021-67100127 PDF
31-12-2019 micro format 06-08-2020 2020-39700305 PDF
31-12-2018 micro format 10-10-2019 2019-69700147 PDF

Comparable companies

These companies have the same main activity as FONGO: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €148,000 and €167,000, founded between 2017 and 2018.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
FONGO Ittre2017€152,826€93,480€60,782€39,6282025
PIVALANI Ittre2018€167,326€18,600€67,261€33,8122025
GUEUNING CONSULTING Braine-l'Alleud2017€164,553€137,681€65,945€47,9892025
FINET PLUS Brugge2017€158,613€104,674€61,624€43,0202025
State Of Mind Vorst2017€158,090€131,807€62,385€36,1862025
ITSF Heist-op-den-Berg2017€147,888€119,189€61,350€17,6722026
NUNTIUS Ukkel2017€151,556€9,973€57,339€9,6282024

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.