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FOSTER SPV

Active
Public limited companyfounded 2023active for 3 yearsGemeenschappenlaan 100, 1200 Sint-Lambrechts-Woluwe, Belgium107 active companies are registered at this addressKBO/BCE: BE 0801.212.080
Summary

FOSTER SPV has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,557 and a net result of €92. Its solvency ranks better than 14% of 5,738 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
6th largest company by total assets in Sint-Lambrechts-Woluwe, Real estate sector1 site
Size
€79.8moperating revenue 2025
Equity
€61,557
Profit
€92
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
Katoen Natie Group SA
Accounts 60 days early3 of 4 deeds read
Why 81raises riskLiquidity: current ratio 56.69, cash €259,258, halvedFounded in 2023lowers riskSector: Real estate activities (NACE 68)Size: turnover €566,947, total assets €131.7mShow the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 31% of its sector peers (NACE 68, large)
Financial strength · tick = 2024
Weak
Solvency 25=
equity 0.0% of total assets
Liquidity 50-14
short-term debt 1.8% · cash 0.2%
Profitability 38+1
return on assets 0.0%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (315 companies, NACE 68, large)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.9%▲ +0.1 percentage points vs 12-2024 02-2025: 0.8%▼ -0.1 percentage points vs 01-2025 03-2025: 0.9%▲ +0.1 percentage points vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025highest value 06-2025: 1.0%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.9 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.3 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity ample (current ratio 56.69, compared with 4.27 in 2024, above the usual 1.5; short-term debt: 1.8% and cash: 0.2% of total assets), but 100% 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 68, large): better than 8% on solvency, 51% on liquidity, 37% on profitability and 27% on growth.

The bankruptcy probability was computed on 20-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 56.69, cash €259,258, halved
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: turnover €566,947, total assets €131.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 5738 sector peers (2025).
NBB · sector comparison
Position among 5738 sector peers
Solvency
better than 14%
← weakest strongest →
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 01-06-2026, 60 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
60 days early
2024
49 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 55 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €92
  3. Liquidity more than 13 timescurrent ratio 56.69

Key points

  • Caution: Among the weakest 14% on solvencysector median 38.4% · 5,738 companies 0.0% View
  • Caution: Turnover fell in 2025from €1.0m to €566,947 ▼ 43.4% View
  • Controlled by Katoen Natie Group SAknown shareholders 100% parent View

By topic

Financials

Financial year
2025
Turnover
€566,947
Profit
€92
Solvency
0.0%
Turnover▼ 43.4%
Net result
20242025
Go to Financials

Timeline

Events
7
Since
2024
Next accounts
by 31-07-2027
  1. 24-06-2025Appointment: COMAFI BV (director)
  2. 12-06-2025Annual accounts filed
  3. 16-04-2025Resignation: Johan Bel (class B director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
27-04-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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