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FOTA

Active
Private limited companyfounded 20224 yrs activeKernenergiestraat 19, 2610 Antwerpen, BelgiumKBO/BCE: BE 0782.652.319
Summary

The computed 12-month bankruptcy probability of FOTA is 4.9% (elevated). The annual accounts of FOTA for fiscal year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €6,985 and a net result of -€15,263. Its solvency ranks better than 25% of 262 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-77
Solvency34▼-11
Growth22
Track record94
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.64 against 0.77 in 2024; short-term debt: 91.1% and cash: 0% of total assets), and 91.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
8.9%
Return on assets
-19.5%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2425
2024 to 2025 · latest year -€15,263
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 262 sector peers (2025).
NBB · sector comparison
Position among 262 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 27-10-2025, 57 days 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 filings
Deviation from the deadline
2026
not confirmed
2025
57 d late
2024
44 d late
← 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 51 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FOTA was incorporated on 25 February 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
€2,531▼ 94.5%
2024 · €46,156
EBIT margin
-599.8%▼ 594.0pp
2024 · -5.8%
Net result
-€15,263▼ 455%
2024 · -€2,752
Working capital
-€25,579▼ 20.8%
2024 · -€21,170
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Turnover€46,156-€2,531▼ 94.5%
Operating result-€2,662--€15,179▼ 470%
Net result-€2,752--€15,263▼ 455%
EBIT margin-5.8%--599.8%▼ 594.0pp
Equity€22,248-€6,985▼ 68.6%
Total assets€112,582-€78,130▼ 30.6%
Debt€90,334-€71,145▼ 21.2%
Working capital-€21,170--€25,579▼ 20.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2024: -€2,662-€2,662Net result 2024: -€2,752-€2,752Operating result 2025: -€15,179-€15,179Net result 2025: -€15,263-€15,26320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2024: -€2,662-€2,660Net result 2024: -€2,752-€2,750Operating result 2025: -€15,179-€15,200Net result 2025: -€15,263-€15,30020242025
The operating result stays negative: a loss of €15,179 in 2025 against €2,662 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78,130
Fixed assets €32,564 ▼ 25.0%
Current assets €45,566 ▼ 34.1%
Equity and liabilities €78,130
Equity €6,985 ▼ 68.6%
Debt €71,145 ▼ 21.2%
Debt's share of the balance-sheet total rises from 80.2% to 91.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€4,324▼
2024 · €9,429
Cash flow
-€4,409▼
2024 · €9,339
Current ratio
0.64▼
2024 · 0.77
Quick ratio
0.07▼
2024 · 0.46
Debt to equity
10.19▲
2024 · 4.06
ROE
-218.5%▼
2024 · -12.4%
ROA
-19.5%▼
2024 · -2.4%
Interest coverage
-51.17▼
2024 · 104.77
Debt ≤ 1 year
€71,145▼
2024 · €90,334
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 759 companies that looked in July 2024 the way this one looks now, 7.5% went bankrupt within 24 months and 86% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
7.5% went bankrupt
4.5% stopped otherwise
86% still going

A further 1.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 759 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€112,582€78,130▼
Formation expenses20€0-
Fixed assets21/28€43,419€32,564▼
Tangible fixed assets22/27€43,419€32,564▼
Plant, machinery and equipment23€43,419€32,564▼
Current assets29/58€69,164€45,566▼
Stocks and contracts in progress3€27,774€40,595▲
Stocks30/36€27,774€40,595▲
Amounts receivable within one year40/41€13,388€4,947▼
Trade receivables40€10,455€4,500▼
Other amounts receivable41€2,933€447▼
Cash at bank and in hand54/58€28,002€24▼
Equity and liabilities
Total equity and liabilities10/49€112,582€78,130▼
Equity10/15€22,248€6,985▼
Contributions10/11€25,000€25,000=
Capital10€25,000€25,000=
Issued capital100€25,000€25,000=
Profit (loss) carried forward14-€2,752-€18,015▼
Amounts payable17/49€90,334€71,145▼
Amounts payable within one year42/48€90,334€71,145▼
Trade debts44€14,634€621▼
Suppliers440/4€14,634€621▼
Other amounts payable47/48€75,700€70,524▼
Income statement Code20242025
Turnover70€46,156€2,531▼
Goods, raw materials, services and sundry goods60/61€36,727€6,855▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,091€10,855▼
Gross operating margin9900€9,429-€4,324▼
Operating profit (loss)9901-€2,662-€15,179▼
Financial charges65/66B€90€85▼
Recurring financial charges65€90€85▼
Non-recurring financial charges66B€90-
Profit (loss) for the period before taxes9903-€2,752-€15,263▼
Profit (loss) for the period9904-€2,752-€15,263▼
Profit (loss) for the period to be appropriated9905-€2,752-€15,263▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,752-€18,015▼
Profit (loss) brought forward from the previous period14P--€2,752

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70€46,156€2,531▼ 94.5%
Goods, raw materials, services and sundry goods60/61€36,727€6,855▼ 81.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,091€10,855▼ 10.2%
Gross operating margin9900€9,429-€4,324▼ 146%
Operating profit (loss)9901-€2,662-€15,179▼ 470%
Financial charges65/66B€90€85▼ 6.1%
Recurring financial charges65€90€85▼ 6.1%
Non-recurring financial charges66B€90--
Profit (loss) for the period before taxes9903-€2,752-€15,263▼ 455%
Profit (loss) for the period9904-€2,752-€15,263▼ 455%
Profit (loss) for the period to be appropriated9905-€2,752-€15,263▼ 455%
Line20242025Change
Assets
Total assets20/58€112,582€78,130▼ 30.6%
Formation expenses20€0--
Fixed assets21/28€43,419€32,564▼ 25.0%
Tangible fixed assets22/27€43,419€32,564▼ 25.0%
Plant, machinery and equipment23€43,419€32,564▼ 25.0%
Current assets29/58€69,164€45,566▼ 34.1%
Stocks and contracts in progress3€27,774€40,595▲ 46.2%
Stocks30/36€27,774€40,595▲ 46.2%
Amounts receivable within one year40/41€13,388€4,947▼ 63.0%
Trade receivables40€10,455€4,500▼ 57.0%
Other amounts receivable41€2,933€447▼ 84.8%
Cash at bank and in hand54/58€28,002€24▼ 99.9%
Equity and liabilities
Total equity and liabilities10/49€112,582€78,130▼ 30.6%
Equity10/15€22,248€6,985▼ 68.6%
Contributions10/11€25,000€25,000=
Capital10€25,000€25,000=
Issued capital100€25,000€25,000=
Profit (loss) carried forward14-€2,752-€18,015▼ 555%
Amounts payable17/49€90,334€71,145▼ 21.2%
Amounts payable within one year42/48€90,334€71,145▼ 21.2%
Trade debts44€14,634€621▼ 95.8%
Suppliers440/4€14,634€621▼ 95.8%
Other amounts payable47/48€75,700€70,524▼ 6.8%
Line20242025Change
Profit (loss) for the period9904-€2,752-€15,263▼ 455%
+ Depreciation and write-downs630€12,091€10,855▼ 10.2%
Operating cash flow (approximation)€9,339-€4,409▼ 147%
Investment in fixed assets (approximation)-€0-
Change in cash--€27,978-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 57 days late
2024
14-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 44 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Antwerpen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,491 m²
Building footprint
984 m²
Volume, LiDAR
7,216 m³
Parcel 11463D0325/00K002, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.
314 companies at this address See who is registered here
1 establishment unit
FOTA - CQQSO - FDXC
Kernenergiestraat 19, 2610 AntwerpenManufacture of computer, electronic and optical products
since 20222.328.167.373
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0325/00K002 Flanders 1,491 m² 1 · 984 m² 8.2 m · 3 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.

Similar companies · same sector, comparable size

Of 1,372 companies in sector 61100 we hold annual accounts for 585. 220 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-02-2022
Fiscal year end31-01
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
47400Retail sale of information and communication equipment
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0782652319
Also 9925:BE0782652319
Registered 02-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.