FOUNDATION TECHNOLOGIES
ActiveSummary
FOUNDATION TECHNOLOGIES has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313,398 and a net result of €5,896. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 62% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▲+50
Solvency96▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 41.3 against 64.84 in 2024; short-term debt: 1% and cash: 42% of total assets), and 29.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.9%
Return on assets
1.3%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €313,398
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-11-2025, 75 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
75 d early
2024
66 d early
2023
81 d early
2022
86 d early
2021
77 d early
2020
51 d early
2019
71 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 72 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 15 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€313,398▲ 1.9%
2024 · €307,502
Total assets
€442,136▼ 0.8%
2024 · €445,477
Net result
€5,896
2024 · -€28,941
Working capital
€181,966▲ 2.4%
2024 · €177,622
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€941▼ 105%-€964▼ 2.4%€2,323€4,381▲ 88.6%€14,492▲ 231%
Net result€3,437below the sector's middle half-€1,009below the sector's middle half€1,670below the sector's middle half-€28,941below the sector's middle half€5,896within the sector's middle half
Equity€224,315above the sector's middle half▲ 1.6%€223,306above the sector's middle half▼ 0.4%€224,976above the sector's middle half▲ 0.7%€307,502above the sector's middle half▲ 36.7%€313,398above the sector's middle half▲ 1.9%
Total assets€224,315within the sector's middle half▼ 25.8%€223,361within the sector's middle half▼ 0.4%€360,584above the sector's middle half▲ 61.4%€445,477above the sector's middle half▲ 23.5%€442,136above the sector's middle half▼ 0.8%
Debt€55€135,608▲ 246,460%€137,975▲ 1.7%€128,738▼ 6.7%
Working capital€223,306above the sector's middle half-€120,024below the sector's middle half€177,622above the sector's middle half€181,966above the sector's middle half▲ 2.4%
Solvency100.0%above the sector's middle half▲ 26.9pp100.0%above the sector's middle half=62.4%within the sector's middle half▼ 37.6pp69.0%within the sector's middle half▲ 6.6pp70.9%within the sector's middle half▲ 1.9pp
Current ratio0.11below the sector's middle half64.84above the sector's middle half▲ 64.7241.30above the sector's middle half▼ 23.54
Return on assets (ROA)1.5%below the sector's middle half▲ 6.5pp-0.5%below the sector's middle half▼ 2.0pp0.5%below the sector's middle half▲ 0.9pp-6.5%below the sector's middle half▼ 7.0pp1.3%below the sector's middle half▲ 7.8pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 231% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €442,136
Fixed assets
€255,655 ▼ 3.6%
Current assets
€186,481 ▲ 3.4%
Equity and liabilities €442,136
Equity
€313,398 ▲ 1.9%
Debt
€128,738 ▼ 6.7%
Debt's share of the balance-sheet total falls from 31.0% to 29.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,815▲
2024 · €18,502
Cash flow
€25,219▲
2024 · -€14,819
Debt to equity
0.41▼
2024 · 0.45
ROE
1.9%▲
2024 · -9.4%
Interest coverage
5.38▲
2024 · 0.53
Debt ≤ 1 year
€4,515▲
2024 · €2,782
Debt > 1 year
€122,597▼
2024 · €135,000
Income taxes
€3,239▲
2024 · -€532
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 17,027 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €14,121 | €19,324 | ▲ 36.8% |
| Other operating charges640/8 | - | €120 | €253 | €2,511 | €3,950 | ▲ 57.3% |
| Gross operating margin9900 | -€822 | -€844 | €2,576 | €21,014 | €37,765 | ▲ 79.7% |
| Operating profit (loss)9901 | -€941 | -€964 | €2,323 | €4,381 | €14,492 | ▲ 231% |
| Financial income75/76B | - | - | - | €1,339 | €929 | ▼ 30.6% |
| Recurring financial income75 | - | - | - | €1,339 | €929 | ▼ 30.6% |
| Financial charges65/66B | - | €45 | €45 | €35,193 | €6,286 | ▼ 82.1% |
| Recurring financial charges65 | €45 | €45 | €45 | €35,193 | €6,286 | ▼ 82.1% |
| Non-recurring financial charges66B | - | €45 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€986 | -€1,009 | €2,278 | -€29,473 | €9,135 | ▲ 131% |
| Income taxes67/77 | -€4,423 | - | €608 | -€532 | €3,239 | ▲ 708% |
| Profit (loss) for the period9904 | €3,437 | -€1,009 | €1,670 | -€28,941 | €5,896 | ▲ 120% |
| Profit (loss) for the period to be appropriated9905 | €3,437 | -€1,009 | €1,670 | -€28,941 | €5,896 | ▲ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €224,315 | €223,361 | €360,584 | €445,477 | €442,136 | ▼ 0.8% |
| Fixed assets21/28 | - | - | €345,000 | €265,073 | €255,655 | ▼ 3.6% |
| Tangible fixed assets22/27 | - | - | - | €265,073 | €255,655 | ▼ 3.6% |
| Land and buildings22 | - | - | - | €264,929 | €246,550 | ▼ 6.9% |
| Plant, machinery and equipment23 | - | - | - | €144 | €9,105 | ▲ 6,239% |
| Financial fixed assets28 | €0 | - | €345,000 | - | - | - |
| Current assets29/58 | €224,315 | €223,361 | €15,584 | €180,405 | €186,481 | ▲ 3.4% |
| Amounts receivable within one year40/41 | - | - | €50 | €13,135 | €92 | ▼ 99.3% |
| Trade receivables40 | - | - | €50 | €145 | €92 | ▼ 36.8% |
| Other amounts receivable41 | - | - | - | €12,990 | - | - |
| Current investments50/53 | - | - | - | €22,454 | - | - |
| Cash at bank and in hand54/58 | €224,315 | €223,361 | €15,534 | €143,060 | €185,480 | ▲ 29.7% |
| Deferred charges and accrued income490/1 | - | - | - | €1,756 | €909 | ▼ 48.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €224,315 | €223,361 | €360,584 | €445,477 | €442,136 | ▼ 0.8% |
| Equity10/15 | €224,315 | €223,306 | €224,976 | €307,502 | €313,398 | ▲ 1.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €49,600 | €49,600 | = |
| Reserves13 | €195,175 | €195,175 | €195,175 | €257,902 | €263,798 | ▲ 2.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €114,586 | €120,482 | ▲ 5.1% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Other1319 | - | - | - | €114,586 | €120,482 | ▲ 5.1% |
| Distributable reserves133 | - | €193,315 | €193,315 | €143,316 | €143,316 | = |
| Profit (loss) carried forward14 | €10,540 | €9,531 | €11,201 | - | - | - |
| Amounts payable17/49 | - | €55 | €135,608 | €137,975 | €128,738 | ▼ 6.7% |
| Amounts payable after more than one year17 | - | - | - | €135,000 | €122,597 | ▼ 9.2% |
| Financial debts170/4 | - | - | - | €135,000 | €122,597 | ▼ 9.2% |
| Amounts payable within one year42/48 | - | €55 | €135,608 | €2,782 | €4,515 | ▲ 62.3% |
| Financial debts43 | - | - | €135,000 | - | - | - |
| Other loans439 | - | - | €135,000 | - | - | - |
| Trade debts44 | - | €55 | - | €2,259 | - | - |
| Suppliers440/4 | - | €55 | - | €2,259 | - | - |
| Taxes, remuneration and social security45 | - | - | €608 | €524 | €4,515 | ▲ 762% |
| Taxes450/3 | - | - | €608 | €524 | €4,515 | ▲ 762% |
| Accrued charges and deferred income492/3 | - | - | - | €193 | €1,625 | ▲ 744% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,437 | -€1,009 | €1,670 | -€28,941 | €5,896 | ▲ 120% |
| + Depreciation and write-downs630 | - | - | - | €14,121 | €19,324 | ▲ 36.8% |
| Operating cash flow (approximation) | €3,437 | -€1,009 | €1,670 | -€14,819 | €25,219 | ▲ 270% |
| Investment in fixed assets (approximation) | - | - | - | €65,806 | -€9,906 | ▼ 115% |
| Change in cash | - | -€954 | -€207,827 | €127,526 | €42,419 | ▼ 66.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
State Gazette act
General meeting · Director resignation
Director appointment · Board meeting
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Other statement · Board meeting
Director reappointment · Board composition
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Permanent representative · Board composition
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
Show earlier events
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Permanent representative · Board composition
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
23-06
State Gazette act
Board meeting · Director reappointment
General meeting · Auditor reappointment
23-06
State Gazette act
Board meeting · Director reappointment
Board composition · Permanent representative
2025
17-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
28-10
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
10-07
State Gazette act
Board meeting · Director resignation
Director appointment · General meeting
10-07
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
10-07
State Gazette act
Board meeting · Director resignation
Director appointment · General meeting
10-07
State Gazette act
Board meeting · Director resignation
Director appointment · General meeting
10-07
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
10-07
State Gazette act
Board meeting · General meeting
Director resignation · Director appointment
30-06
Financial
Back to profitnet €5,896
Net result €5,896 after one loss-making year.
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet -€28,941
Net result drops to -€28,941, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 564current ratio 64.84
Current ratio from 0.11 to 64.84; short-term debt falls from €135,608 to €2,782.
2023
11-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
09-08
State Gazette act
General meeting · Board meeting
Director reappointment · Director appointment
09-08
State Gazette act
General meeting · Board meeting
Director reappointment · Director appointment
04-07
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
04-07
State Gazette act
General meeting · Director reappointment
Director appointment · Board meeting
30-06
Financial
Back to profitnet €1,670
Net result €1,670 after one loss-making year.
28-06
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
28-06
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
28-06
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
2022
06-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €3,437
Net result €3,437 after 2 loss-making years.
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
21-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
01-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
15-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Gent · 1 establishment unit since 2001
Ground area
1,900 m²
Building footprint
630 m²
Volume, LiDAR
6,081 m³
2 parcels, Flanders · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
F.T.
since 20012.085.613.331
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017A0345/00B000 | Flanders | 1,257 m² | 1 · 141 m² | 8.4 m · 2 fl. |
| 23084B0071/00D022 | Flanders | 643 m² | 1 · 489 m² | 13.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2023 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the annual accounts to 30-06-2023 of FOUNDATION TECHNOLOGIES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
6 board mandatesBoard mandates of this companythis company sits on their board6
36 locations
15 locations
3 locations
1 location
1 location
Recognitions · licences · registrations
Legal Entity Identifier
699400BSQ25V2LR7RP20
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 13,631 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
Founded11-02-1998
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462620417
Also
9925:BE0462620417
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.