Fovea IP
The computed 12-month bankruptcy probability of Fovea IP is 0.8% (low). The 2024 annual accounts show equity of €29.86M and a net result of €1.84M. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 89% of 74 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €29.86M |
| Net result | €1.84M |
| Staff (FTE) | 12.4 |
| Better than sector | 89% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 81.6% | 29.0% | |
| Net result | €1.84M | €12k | |
| Equity | €29.86M | €53k | |
| Staff costs | €1.53M | €296k | |
| Total assets | €36.59M | €280k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €6.87M |
| EBITDA | €4.04M |
| Net profit | €1.84M |
| Cash flow | €2.82M |
| Staff costs | €1.53M |
| Income taxes | €769k |
| Dividends | - |
| Total assets | €36.59M |
| Equity | €29.86M |
| Debt | €6.73M |
| of which ≤ 1y | €4.29M |
| of which > 1y | €0 |
| Working capital | €386k |
| Employees (FTE) | 12.4 |
| 2024 | |
|---|---|
| Current ratio | 1.09 |
| Quick ratio | 1.09 |
| Working capital ratio | 1.1% |
| Solvency | 81.6% |
| Debt / equity | 0.23 |
| Long-term debt ratio | 0.00 |
| Interest coverage | 397.67 |
| Gross margin | 95.6% |
| Net margin | 26.9% |
| ROA | 5.0% |
| ROE | 6.2% |
| EBITDA margin | 58.8% |
| Days sales outstanding | 108d |
| Days payable outstanding | 578d |
| Inventory turnover | - |
| Days inventory (DSI) | 0d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €36.59M |
| Fixed assets | 21/28 | €31.92M |
| Intangible fixed assets | 21 | €3.95M |
| Tangible fixed assets | 22/27 | €36k |
| Financial fixed assets | 28 | €27.93M |
| Current assets | 29/58 | €4.67M |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €2.44M |
| Cash & bank | 54/58 | €1.98M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €36.59M |
| Equity | 10/15 | €29.86M |
| Contributions / capital | 10/11 | €38.79M |
| Accumulated profits (losses) | 14 | €-8.94M |
| Amounts payable | 17/49 | €6.73M |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €4.29M |
| Trade debts payable within one year | 44 | €476k |
| Income statement | ||
| Turnover | 70 | €6.87M |
| Operating result | 9901 | €3.07M |
| Financial income | 75 | €2.07M |
| Financial charges | 65 | €149k |
| Result before taxes | 9903 | €2.61M |
| Income taxes | 67/77 | €769k |
| Net result for the period | 9904 | €1.84M |
| Result to be appropriated | 9905 | €1.84M |
Former directors (3)
-
BamidolLegal entityDirector· perm. rep.: Sylvie TheisenState Gazette act 24084818 (05-06-2024)Former05-06-2024 → 01-08-2025
2 events
- 01-08-2025 Resigned· Director
- 05-06-2024 Appointed· Director
-
Former- → 21-12-2023
-
Former- → 21-12-2023
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BSTCurrent Statutory auditor · represented by Olivier Vertessen |
- | 30-12-2024 → present |
| NACE primary | 74999 |
| Legal form | Public limited company(014) |
| Incorporation | 20-12-2021 |
| Status | Active |
| Postal code | 1180 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0139/00F003 | Brussels | 1.3 ha | 1 · 7,040 m² | 23.5 m · 2 fl. |
| 21612C0257/00V000 | Brussels | 3,242 m² | 1 · 817 m² | 20.8 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-01-2026 Transaction in capital or shares
Technical details
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"subject_company": {
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"name_full": "FOVEA IP",
"legal_form": "SA"
}
}11-12-2025 Sylvie Theisen resigns as director
- Sylvie Theisen, Bestuurder
Technical details
{
"events": [
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"kind": "director_out",
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"name": "Sylvie Theisen",
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"name": "Bamidol",
"address": null,
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},
"effective_date": "2025-08-01",
"evidence_quote": "Le conseil prend acte du remplacement du repr\u00E9sentant permanent de l\u0027adminsitrateur Bamidol, Mme Sylvie Theisen, par M. Alphonse Mangen, \u00E0 compter du 1\u00BAr aout 2025."
}
],
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}30-12-2024 Registered office moved within Uccle
- Square Coghen 45, 1180 Uccle → Chaussée de Waterloo 1135, 1180 Uccle
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Uccle",
"region": "Brussels",
"street": "Chauss\u00E9e de Waterloo",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "1135"
},
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"city": "Uccle",
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"street": "Square Coghen",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "45"
},
"effective_date": "2024-12-13",
"evidence_quote": "Par r\u00E9solution adopt\u00E9e \u00E0 l\u0027unanimit\u00E9, l\u0027Assembl\u00E9e d\u00E9cide de d\u00E9placer le si\u00E8ge social et d\u0027exploitation \u00E0 la Chauss\u00E9e de Waterloo, 1135-1180 Uccle."
}
],
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"subject_company": {
"kbo": "0780.625.712",
"name_full": "FOVEA IP",
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}
}05-06-2024 Capital increase of €4,000,000
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 4000000,
"currency": "EUR",
"after_eur": null,
"delta_eur": 4000000.0,
"before_eur": null,
"amount_type": "kapitaal_toegestaan",
"effective_date": "2024-01-16",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de donner pouvoir au conseil d\u0027administration d\u0027augmenter le capital, en une ou plusieures fois, avec ou sans suppression du droit de pr\u00E9f\u00E9rence, dans le cadre du capital autoris\u00E9 et \u00E0 concurrence d\u0027un montant maximum de 4.000.000 EUR (hors prime d\u0027\u00E9mission).",
"contribution_type": "cash"
}
],
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"subject_company": {
"kbo": "0780.625.712",
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}
}02-05-2022 Registered office moved within Uccle
- Rue de Stalle 140A, 1180 Uccle → Square Coghen 45, 1180 Uccle
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Uccle",
"region": "Brussels",
"street": "Square Coghen",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "45"
},
"old_address": {
"city": "Uccle",
"region": "Brussels",
"street": "Rue de Stalle",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "140A"
},
"effective_date": null,
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de transf\u00E9rer l\u0027adresse du si\u00E8ge en r\u00E9gion Bruxelles Capitale de 1180 Uccle, rue de Stalle 140A \u00E0 1180 Uccle, Square Coghen 45."
}
],
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"subject_company": {
"kbo": "0780.625.712",
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}
}02-05-2022 Registered office moved within Ukkel
- Stallestraat 140A, 1180 Ukkel → Coghensquare 45, 1180 Ukkel
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Ukkel",
"region": "Brussels",
"street": "Coghensquare",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "45"
},
"old_address": {
"city": "Ukkel",
"region": "Brussels",
"street": "Stallestraat",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "140A"
},
"effective_date": "2022-04-04",
"evidence_quote": "De vergadering beslist de zetel van de vennootschap te verplaatsen binnen het Brussels Hoofdstedelijk Gewest van 1180 Ukkel, Stallestraat 140A naar 1180 Ukkel, Coghensquare 45."
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0780.625.712",
"name_full": "BOGARS",
"legal_form": "NV"
}
}27-01-2022 Incorporation of a new NV
Technical details
{
"kind": "oprichting",
"seat": "1180 Brussel (Belgi\u00EB), Stallestraat 140A",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [],
"capital_eur": 38793035.0,
"subject_company": {
"kbo": "0780.625.712",
"name_full": "BOGARS",
"legal_form": "NV"
},
"initial_directors": [],
"incorporation_date": "2022-01-19",
"post_incorporation_mandates": []
}27-01-2022 Incorporation of a new SNC
Technical details
{
"kind": "oprichting",
"seat": "1180 Bruxelles (Belgique), Rue de Stalle, 140A",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
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},
"founders": [],
"capital_eur": 38793035.0,
"subject_company": {
"kbo": "0780.625.712",
"name_full": "BOGARS",
"legal_form": "SNC"
},
"initial_directors": [],
"incorporation_date": "2022-01-19",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Fovea IP |
| AbbreviationFR | IP Sensus |
| AbbreviationNL | Bogers |