Fonk
ActiveFonk has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €-127k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-42
Solvency66▼-21
Growth52▼-17
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.41 against 1.6 in 2024), and 64.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
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
35.5%
Return on assets
-24.4%
Age of the figures
8 mo
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
61 d early
2023
85 d early
2022
96 d early
2021
74 d early
2020
87 d early
2019
53 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.38M▲ 3.8%
2024 · €1.33M
2018: €1.03M
2019: €1.22M
2020: €637k
2022: €1.14M
2023: €1.26M
2024: €1.33M
2018 → 2025
EBIT margin
-8.5%▼ 10.9pp
2024 · 2.4%
2018: 0.8%
2019: 6.4%
2020: 31.7%
2022: -4.1%
2023: 3.8%
2024: 2.4%
2018 → 2025
Net result
€-127k
2024 · €34k
2018: €19k
2019: €49k
2020: €194k
2021: €-41k
2022: €-53k
2023: €32k
2024: €34k
2018 → 2025
Working capital
€127k▼ 27.6%
2024 · €175k
2018: €-23k
2019: €34k
2020: €241k
2021: €146k
2022: €105k
2023: €181k
2024: €175k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.14M€1.26M▲ 10.7%€1.33M▲ 5.1%€1.38M▲ 3.8%
Equity€299k-€246k▼ 17.9%€277k▲ 12.9%€311k▲ 12.2%€185k▼ 40.7%
Operating result€-36k-€-47k▼ 29.8%€48k€32k▼ 33.5%€-117k
Net result€-41k-€-53k▼ 29.5%€32k€34k▲ 7.0%€-127k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €117k after €32k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €519k
Fixed assets
€81k▼ 40.4%
Current assets
€438k▼ 5.8%
Equity and liabilities €519k
Equity
€185k▼ 40.7%
Provisions
€23k
Debt
€312k▲ 7.4%
The debt ratio rises from 48.3% to 60.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-62k▼
2024 · €94k
Cash flow
€-71k▼
2024 · €95k
Solvency
35.5%▼
2024 · 51.7%
Current ratio
1.41▼
2024 · 1.60
Quick ratio
1.40▼
2024 · 1.60
Debt / equity
1.69▲
2024 · 0.93
ROE
-68.5%▼
2024 · 10.9%
ROA
-24.4%▼
2024 · 5.6%
Interest coverage
-6.39▼
2024 · 15.48
Debt
€312k▲
2024 · €290k
Debt ≤ 1 year
€312k▲
2024 · €290k
Staff costs
€1.30M▲
2024 · €1.15M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€601k€519k▼
Fixed assets21/28€136k€81k▼
Tangible fixed assets22/27€115k€60k▼
Land and buildings22€57k€25k▼
Plant, machinery and equipment23€47k€30k▼
Furniture and vehicles24€12k€5k▼
Financial fixed assets28€21k€21k=
Current assets29/58€465k€438k▼
Stocks and contracts in progress3€712€2k▲
Stocks30/36€712€2k▲
Amounts receivable within one year40/41€225k€213k▼
Trade receivables40€172k€120k▼
Other amounts receivable41€54k€92k▲
Cash at bank and in hand54/58€218k€185k▼
Deferred charges and accrued income490/1€21k€39k▲
Equity and liabilities
Total equity and liabilities10/49€601k€519k▼
Equity10/15€311k€185k▼
Profit (loss) carried forward14€311k€185k▼
Provisions and deferred taxes16-€23k
Provisions for liabilities and charges160/5-€23k
Taxes161-€23k
Amounts payable17/49€290k€312k▲
Amounts payable within one year42/48€290k€312k▲
Current portion of amounts payable after more than one year42€9k-
Trade debts44€114k€72k▼
Suppliers440/4€114k€72k▼
Taxes, remuneration and social security45€167k€239k▲
Taxes450/3€47k€52k▲
Remuneration and social security454/9€120k€187k▲
Income statement
Code20242025
Turnover70€1.33M€1.38M▲
Goods, raw materials, services and sundry goods60/61€1.31M€1.37M▲
Remuneration, social security and pensions62€1.15M€1.30M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€55k▼
Other operating charges640/8€32k€44k▲
Non-recurring operating charges66A-€14k
Gross operating margin9900€1.27M€1.32M▲
Operating profit (loss)9901€32k€-117k▼
Financial income75/76B€8k€359▼
Recurring financial income75€8k€359▼
Financial charges65/66B€6k€10k▲
Recurring financial charges65€6k€10k▲
Profit (loss) for the period before taxes9903€34k€-127k▼
Profit (loss) for the period9904€34k€-127k▼
Profit (loss) for the period to be appropriated9905€34k€-127k▼
Appropriation of the result
Profit (loss) to be appropriated9906€311k€185k▼
Profit (loss) brought forward from the previous period14P€277k€311k▲
Social balance
Average headcount (FTE)908723.724.6▲
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
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-127k ▼474%
Net result drops to €-127k, the lowest in the series.
31-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after 2 loss-making years.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €194k ▲295%
Operating result €202k, net result €194k, both a record.
31-12
Financial
Equity above €200kEq €340k ▲133%
3 profitable years in a row build equity to €340k.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €146k ▲50.7%
2 profitable years in a row build equity to €146k.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2008
27-06
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-08-2025
Van Schaeren: Resigned as Daily management
20-03-2017
VAN SCHOELANT Veerle: Resigned as Director
16-11-2015
VANDENRYDT Karin: Resigned as Director
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2008
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.
Andreas Vesaliusstraat 93000 LeuvenGround area
6,828 m²
Building footprint
38 m²
Volume, LiDAR
204 m³
Parcel 24502C0096/00F000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fonk
since 20082.173.190.077
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502C0096/00F000 | Flanders | 6,828 m² | 1 · 38 m² | 9.2 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 2025 · 15 entries · 922,263 EUR awarded · 959,769 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 48,098 EUR | 696,329 EUR |
| 2024 | 3 | 47,669 EUR | 51,944 EUR |
| 2023 | 5 | 690,706 EUR | 124,202 EUR |
| 2022 | 4 | 135,790 EUR | 87,294 EUR |
Schemes
Projectsubsidie voor een initiatief in de audiovisuele of gamesector (Decreet Vlaams Audiovisueel Fonds 1999)
Subsidies voor projecten in het kader van wetenschapspopularisering en wetenschapssensibilisering en de partijen
Cultuur: Tewerkstellingssubsidie voor een organisatie in het culturele veld volgens de Vlaamse Intersectorale Akkoorden (VIA) (Decreet Vlaamse Intersectorale Akkoorden 2004)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Cultuurwerk: Projectsubsidie voor een cultureel samenwerkingsinitiatief tussen Vlaanderen en de Franse Gemeenschap (Uitgavendecreet)
European Union, budget
2022 to 2025 · 3 entries · 150,000 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 50,000 EUR |
| 2023 | 1 | 50,000 EUR |
| 2022 | 1 | 50,000 EUR |
Projects
LEUVEN INTERNATIONAL SHORT FILM FESTIVAL
101131036 - LISFF - LEUVEN INTERNATIONAL SHORT FILM FESTIVAL
101053009 - LISFF - LEUVEN INTERNATIONAL SHORT FILM FESTIVAL
Similar companies · same sector, comparable size
B'Rock Orchestra
BE 0873.809.751
Gent · Eq €184k
COMPAGNIE MAANDACHT
BE 0882.430.675
Bertem · Eq €184k
UF-O
BE 0844.508.229
Antwerpen · Eq €187k
JODA
BE 0478.002.142
Leuven · Eq €189k
Symfonieorkest Vlaanderen
BE 0411.022.553
Gent · Eq €191k
Of 2,271 companies in sector 90202 we hold annual accounts for 413. 302 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded12-06-1996
Fiscal year end31-12
Activities, NACEBEL
90202Performing arts by artistic ensembles
90393Specialised image, lighting and sound technical services
92312
92313
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.