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FOUBERT

Active
Private limited companyfounded 2016active for 10 yearsMariakerkelaan 234, 8400 Oostende, BelgiumKBO/BCE: BE 0652.816.928

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FOUBERT has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,148 and a net result of €86,615. Equity has been growing by about 18% per year since 2019. Its solvency ranks better than 77% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
30-06-2025
Filed on
28-01-2026
Format
micro format
Reference
2026-00019346
Turnover
≈ €320,000
Estimated: probably between €270,000 and €420,000
Total assets
€102,828▲ 14.4%
2024 · €89,901
Net result
€86,615▲ 705%
2024 · €10,754
Working capital
€3,814▼ 81.3%
2024 · €20,345
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 8.8 times that of 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

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

Operating result€89,490 2025 Net result€86,615 2025

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

The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). 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
Line2019202020212022202320242025
Operating result-€857-€29,958€12,215▼ 59.2%€25,385▲ 108%€6,250▼ 75.4%€10,140▲ 62.2%€89,490▲ 783%
Net result-€962-€30,098above the sector's middle half€10,642within the sector's middle half▼ 64.6%€20,620above the sector's middle half▲ 93.8%€5,130within the sector's middle half▼ 75.1%€10,754within the sector's middle half▲ 110%€86,615above the sector's middle half▲ 705%
Equity€289-€30,387within the sector's middle half▲ 105×€41,029within the sector's middle half▲ 35.0%€56,649within the sector's middle half▲ 38.1%€61,779within the sector's middle half▲ 9.1%€63,033within the sector's middle half▲ 2.0%€63,148within the sector's middle half▲ 0.2%
Total assets€20,360-€36,383below the sector's middle half▲ 78.7%€87,757below the sector's middle half▲ 141%€111,736within the sector's middle half▲ 27.3%€108,416within the sector's middle half▼ 3.0%€89,901within the sector's middle half▼ 17.1%€102,828within the sector's middle half▲ 14.4%
Debt€20,071-€5,996▼ 70.1%€46,728▲ 679%€55,087▲ 17.9%€46,637▼ 15.3%€26,868▼ 42.4%€39,680▲ 47.7%
Working capital-€1,138-€25,981within the sector's middle half€36,663within the sector's middle half▲ 41.1%€53,747above the sector's middle half▲ 46.6%€52,311above the sector's middle half▼ 2.7%€20,345within the sector's middle half▼ 61.1%€3,814within the sector's middle half▼ 81.3%
Solvency1.4%-83.5%above the sector's middle half▲ 82.1pp46.8%within the sector's middle half▼ 36.8pp50.7%within the sector's middle half▲ 3.9pp57.0%within the sector's middle half▲ 6.3pp70.1%above the sector's middle half▲ 13.1pp61.4%above the sector's middle half▼ 8.7pp
Current ratio0.94-5.33above the sector's middle half▲ 4.396.45above the sector's middle half▲ 1.124.56above the sector's middle half▼ 1.898.88above the sector's middle half▲ 4.321.76within the sector's middle half▼ 7.121.10within the sector's middle half▼ 0.66
Return on assets (ROA)-4.7%-82.7%above the sector's middle half▲ 87.5pp12.1%within the sector's middle half▼ 70.6pp18.5%above the sector's middle half▲ 6.3pp4.7%within the sector's middle half▼ 13.7pp12.0%within the sector's middle half▲ 7.2pp84.2%above the sector's middle half▲ 72.3pp
above within below The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). 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 abbreviated or 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 €102,828
Fixed assets €59,334 ▲ 39.0%
Current assets €43,494 ▼ 7.9%
Equity and liabilities €102,828
Equity €63,148 ▲ 0.2%
Debt €39,680 ▲ 47.7%
Debt's share of the balance-sheet total rises from 29.9% to 38.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€97,228▲
2024 · €13,294
Cash flow
€94,353▲
2024 · €13,908
Quick ratio
0.97▼
2024 · 1.76
Debt to equity
0.63▲
2024 · 0.43
ROE
137.2%▲
2024 · 17.1%
Interest coverage
41.93▼
2024 · 49.22
Debt ≤ 1 year
€39,680▲
2024 · €26,868
Income taxes
€564
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, 34,693 companies had the same profile as FOUBERT has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of FOUBERT itself: 0.5% within 12 months.

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 34,693 companies, not a prediction for FOUBERT. 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 · 44 lines

Source: Annual accounts 2025 (PDF), filed on 28-01-2026.

Balance sheet Code20242025
Assets
Total assets20/58€89,901€102,828▲
Fixed assets21/28€42,688€59,334▲
Tangible fixed assets22/27€42,688€59,334▲
Plant, machinery and equipment23€23,060€43,017▲
Furniture and vehicles24€19,627€16,317▼
Current assets29/58€47,213€43,494▼
Stocks and contracts in progress3-€4,906
Stocks30/36-€4,906
Amounts receivable within one year40/41€30,139€9,936▼
Trade receivables40€8,640€2,402▼
Other amounts receivable41€21,499€7,534▼
Cash at bank and in hand54/58€16,404€26,443▲
Deferred charges and accrued income490/1€670€2,208▲
Equity and liabilities
Total equity and liabilities10/49€89,901€102,828▲
Equity10/15€63,033€63,148▲
Contributions10/11€12,400€12,400=
Reserves13€50,633€50,748▲
Tax-exempt reserves132€7,923€7,923=
Distributable reserves133€42,710€42,825▲
Amounts payable17/49€26,868€39,680▲
Amounts payable within one year42/48€26,868€39,680▲
Trade debts44€14,302€10,422▼
Suppliers440/4€14,302€10,422▼
Taxes, remuneration and social security45€671€1,533▲
Taxes450/3€671€1,533▲
Other amounts payable47/48€11,895€27,724▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,154€7,738▲
Other operating charges640/8€2,525€2,098▼
Non-recurring operating charges66A€5,729-
Gross operating margin9900€21,548€99,326▲
Operating profit (loss)9901€10,140€89,490▲
Financial income75/76B€884€8▼
Recurring financial income75€884€8▼
Financial charges65/66B€270€2,319▲
Recurring financial charges65€270€2,319▲
Profit (loss) for the period before taxes9903€10,754€87,179▲
Income taxes67/77-€564
Profit (loss) for the period9904€10,754€86,615▲
Profit (loss) for the period to be appropriated9905€10,754€86,615▲
Appropriation of the result
Profit (loss) to be appropriated9906€10,754€86,615▲
Transfer to equity691/2€1,254€115▼
To other reserves6921€1,254€115▼
Profit to be distributed694/7€9,500€86,500▲
Directors or managers695€9,500€86,500▲

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 filed accounts (PDF).

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,362€1,031€1,130€1,464€1,442€3,154€7,738▲ 145%
Other operating charges640/8---€693€896€2,525€2,098▼ 16.9%
Non-recurring operating charges66A-----€5,729--
Gross operating margin9900€741€31,089€14,117€27,542€8,588€21,548€99,326▲ 361%
Operating profit (loss)9901-€857€29,958€12,215€25,385€6,250€10,140€89,490▲ 783%
Financial income75/76B---€1,415€1,263€884€8▼ 99.1%
Recurring financial income75€7€331€1,007€1,415€1,263€884€8▼ 99.1%
Financial charges65/66B---€159€468€270€2,319▲ 758%
Recurring financial charges65€112€191€117€159€468€270€2,319▲ 758%
Profit (loss) for the period before taxes9903-€962€30,098€13,105€26,640€7,045€10,754€87,179▲ 711%
Income taxes67/77--€2,463€6,020€1,915-€564-
Profit (loss) for the period9904-€962€30,098€10,642€20,620€5,130€10,754€86,615▲ 705%
Profit (loss) for the period to be appropriated9905-€962€30,098€10,642€20,620€5,130€10,754€86,615▲ 705%
Line2019202020212022202320242025Change
Assets
Total assets20/58€20,360€36,383€87,757€111,736€108,416€89,901€102,828▲ 14.4%
Fixed assets21/28€1,427€4,406€44,366€42,902€49,468€42,688€59,334▲ 39.0%
Tangible fixed assets22/27€1,427€4,406€4,366€2,902€9,468€42,688€59,334▲ 39.0%
Plant, machinery and equipment23---€697€2,336€23,060€43,017▲ 86.5%
Furniture and vehicles24---€2,205€7,133€19,627€16,317▼ 16.9%
Financial fixed assets28--€40,000€40,000€40,000---
Current assets29/58€18,933€31,977€43,391€68,834€58,948€47,213€43,494▼ 7.9%
Stocks and contracts in progress3------€4,906-
Stocks30/36------€4,906-
Amounts receivable within one year40/41€9,576€21,369€37,367€34,459€47,411€30,139€9,936▼ 67.0%
Trade receivables40---€18,410€27,225€8,640€2,402▼ 72.2%
Other amounts receivable41---€16,049€20,186€21,499€7,534▼ 65.0%
Cash at bank and in hand54/58€8,097€9,318€5,149€33,258€10,567€16,404€26,443▲ 61.2%
Deferred charges and accrued income490/1---€1,117€969€670€2,208▲ 230%
Equity and liabilities
Total equity and liabilities10/49€20,360€36,383€87,757€111,736€108,416€89,901€102,828▲ 14.4%
Equity10/15€289€30,387€41,029€56,649€61,779€63,033€63,148▲ 0.2%
Contributions10/11€12,400--€12,400€12,400€12,400€12,400=
Reserves13€15,846€17,987€28,629€44,249€49,379€50,633€50,748▲ 0.2%
Non-distributable reserves130/1---€1,860€1,860---
Reserves not available under the articles1311---€1,860€1,860---
Tax-exempt reserves132---€7,923€7,923€7,923€7,923=
Distributable reserves133---€34,466€39,596€42,710€42,825▲ 0.3%
Profit (loss) carried forward14-€27,958-------
Amounts payable17/49€20,071€5,996€46,728€55,087€46,637€26,868€39,680▲ 47.7%
Amounts payable after more than one year17--€40,000€40,000€40,000---
Financial debts170/4---€40,000€40,000---
Amounts payable within one year42/48€20,071€5,996€6,728€15,087€6,637€26,868€39,680▲ 47.7%
Trade debts44€1,554€573€1,214€3,544€2,370€14,302€10,422▼ 27.1%
Suppliers440/4---€3,544€2,370€14,302€10,422▼ 27.1%
Taxes, remuneration and social security45---€11,543€4,267€671€1,533▲ 128%
Taxes450/3---€11,543€4,267€671€1,533▲ 128%
Other amounts payable47/48-----€11,895€27,724▲ 133%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€962€30,098€10,642€20,620€5,130€10,754€86,615▲ 705%
+ Depreciation and write-downs630€1,362€1,031€1,130€1,464€1,442€3,154€7,738▲ 145%
Operating cash flow (approximation)€400€31,129€11,772€22,084€6,572€13,908€94,353▲ 578%
Investment in fixed assets (approximation)--€4,010-€41,090€0-€8,008€3,627-€24,384-
Change in cash-€1,221-€4,168€28,109-€22,691€5,837€10,039▲ 72.0%

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 (9)
Financial year Type Filed Reference Document
30-06-2025 micro format 28-01-2026 2026-00019346 PDF
30-06-2024 micro format 17-12-2024 2024-00619035 PDF
30-06-2023 micro format 30-01-2024 2024-00011102 PDF
30-06-2022 micro format 30-01-2023 2023-00016226 PDF
30-06-2021 abbreviated format 28-01-2022 2022-02600340 PDF
30-06-2020 micro format 30-10-2020 2020-66800577 PDF
30-06-2019 micro format 31-01-2020 2020-03500320 PDF
30-06-2018 micro format 28-01-2019 2019-02700283 PDF
30-06-2017 micro format 17-01-2018 2018-01700149 PDF

Comparable companies

These companies have the same main activity as FOUBERT: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €95,100 and €107,000, founded between 2015 and 2017.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
FOUBERT Oostende2016€102,828€63,148€99,326€86,6152025
Maia Brugge2017€95,131€50,499€104,895€8,8762025
LOT 56 Izegem2017€101,137€30,684€101,672€4,3802025
TERRE ET VINS Verviers2016€104,431€49,238€97,678€4,7582025
LE TRANSVAAL 40 Oudergem2016€107,110-€12,138€107,451€2,1082025
NEW TAGALOP Lasne2017€103,305€77,654€104,960-€19,6372025
ELLEM SERVICES & CONSEILS Oudergem2015€105,313€86,918€94,997€9,6872025

They were chosen from the 12,110 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.