FoundationX
ActiveFoundationX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €573k and a net result of €103k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 15.76 against 16.26 in 2024; short-term debt: 6% and cash: 93.9% of total assets), and 6% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
94%
Return on assets
16.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
38 d late
2024
20 d early
2023
33 d early
2022
49 d early
2021
53 d early
2020
45 d early
2019
32 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€573k▲ 21.8%
2024 · €470k
2018: €175k
2019: €263k
2020: €348k
2021: €201k
2022: €280k
2023: €369k
2024: €470k
2018 → 2025
Total assets
€610k▲ 21.7%
2024 · €501k
2018: €262k
2019: €305k
2020: €374k
2021: €218k
2022: €296k
2023: €387k
2024: €501k
2018 → 2025
Net result
€103k▼ 0.5%
2024 · €103k
2018: €81k
2019: €88k
2020: €85k
2021: €80k
2022: €81k
2023: €91k
2024: €103k
2018 → 2025
Working capital
€542k▲ 15.7%
2024 · €469k
2018: €173k
2019: €261k
2020: €345k
2021: €198k
2022: €278k
2023: €367k
2024: €469k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€280k▲ 39.5%€369k▲ 31.8%€470k▲ 27.5%€573k▲ 21.8%
Operating result€111k-€112k▲ 1.4%€125k▲ 11.9%€139k▲ 10.6%€135k▼ 2.8%
Net result€80k-€81k▲ 1.3%€91k▲ 12.1%€103k▲ 14.0%€103k▼ 0.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €610k
Fixed assets
€31k▲ 1,716%
Current assets
€579k▲ 15.9%
Equity and liabilities €610k
Equity
€573k▲ 21.8%
Debt
€37k▲ 19.6%
The debt ratio falls from 6.1% to 6.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€143k▲
2024 · €140k
Cash flow
€111k▲
2024 · €104k
Solvency
94.0%▲
2024 · 93.9%
Current ratio
15.76▼
2024 · 16.26
Quick ratio
15.76▼
2024 · 16.26
Debt / equity
0.06▼
2024 · 0.07
ROE
17.9%▼
2024 · 22.0%
ROA
16.8%▼
2024 · 20.6%
Interest coverage
74.77▲
2024 · 47.39
Debt
€37k▲
2024 · €31k
Debt ≤ 1 year
€37k▲
2024 · €31k
Income taxes
€38k▲
2024 · €35k
Staff costs
€0▼
2024 · €403
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€501k€610k▲
Fixed assets21/28€2k€31k▲
Tangible fixed assets22/27€2k€31k▲
Plant, machinery and equipment23€144€0▼
Furniture and vehicles24€2k€31k▲
Current assets29/58€499k€579k▲
Amounts receivable within one year40/41€20k€4k▼
Trade receivables40€15k€0▼
Other amounts receivable41€5k€4k▼
Current investments50/53€332k€0▼
Cash at bank and in hand54/58€145k€573k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€501k€610k▲
Equity10/15€470k€573k▲
Contributions10/11€19k€19k=
Reserves13€452k€554k▲
Distributable reserves133€452k€554k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€31k€37k▲
Amounts payable within one year42/48€31k€37k▲
Financial debts43€241€790▲
Credit institutions430/8€241€790▲
Trade debts44€551€9k▲
Suppliers440/4€551€9k▲
Taxes, remuneration and social security45€28k€26k▼
Taxes450/3€28k€26k▼
Other amounts payable47/48€2k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€403€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€8k▲
Other operating charges640/8€505€520▲
Gross operating margin9900€141k€144k▲
Operating profit (loss)9901€139k€135k▼
Financial income75/76B€3k€8k▲
Recurring financial income75€3k€8k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€138k€141k▲
Income taxes67/77€35k€38k▲
Profit (loss) for the period9904€103k€103k▼
Profit (loss) for the period to be appropriated9905€103k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€103k€103k▼
Transfer to equity691/2€102k€103k▲
To other reserves6921€102k€103k▲
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (5 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
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
31-12
Financial
Equity above €500kEq €573k ▲21.8%
8 profitable years in a row build equity to €573k.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €103k ▲14%
Operating result €139k, net result €103k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €80k ▼6.6%
Net result drops to €80k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 7.29
Current ratio from 2.98 to 7.29; short-term debt falls from €87k to €41k.
31-12
Financial
Equity above €200kEq €263k ▲50.5%
2 profitable years in a row build equity to €263k.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Bonheiden · 1 establishment unit since 2016
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.
Van Arteveldelaan 62820 BonheidenGround area
662 m²
Building footprint
106 m²
Volume, LiDAR
760 m³
Parcel 12005B0258/00H009, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FoundationX
since 20162.259.504.241
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12005B0258/00H009 | Flanders | 662 m² | 1 · 106 m² | 9.3 m · 3 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.
Similar companies · same sector, comparable size
IDERYS
BE 0832.295.236
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DEVX
BE 0478.790.911
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EXPERT-IT
BE 0475.908.130
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Security4Biz
BE 0846.975.888
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H-CONSULT
BE 0464.314.353
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 11,377 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2016
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.