FOVEATECH
ActiveSummary
FOVEATECH has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €39k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▼-1
Solvency68▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.77 in 2024; short-term debt: 56.9% and cash: 48.2% of total assets), and 56.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
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 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
43.1%
Return on assets
24.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 6 filingsDeviation from the deadline
2025
21 d late
2024
29 d late
2023
30 d late
2022
24 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€70k▼ 0.7%
2024 · €71k
Total assets
€163k▲ 32.1%
2024 · €123k
Net result
€39k▼ 13.1%
2024 · €45k
Working capital
€13k▼ 68.6%
2024 · €40k
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
Line20212022202320242025
Operating result€3k▼ 95.6%€-25k€39k€58k▲ 46.3%€51k▼ 12.1%
Net result€273▼ 99.3%€-32k€43k€45k▲ 6.7%€39k▼ 13.1%
Equity€46k▲ 0.6%€14k▼ 70.5%€56k▲ 315%€71k▲ 25.8%€70k▼ 0.7%
Total assets€69k▼ 13.5%€35k▼ 49.2%€92k▲ 162%€123k▲ 34.0%€163k▲ 32.1%
Debt€23k▼ 32.3%€22k▼ 7.1%€36k▲ 66.0%€53k▲ 46.8%€93k▲ 76.1%
Working capital€16k▲ 156%€-7k€41k€40k▼ 2.4%€13k▼ 68.6%
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 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€57k ▲ 90.0%
Current assets
€105k ▲ 13.3%
Equity and liabilities €163k
Equity
€70k ▼ 0.7%
Debt
€93k ▲ 76.1%
Debt's share of the balance-sheet total rises from 42.7% to 56.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€63k▼
2024 · €64k
Cash flow
€52k▲
2024 · €52k
Current ratio
1.14▼
2024 · 1.77
Debt to equity
1.32▲
2024 · 0.74
ROE
56.3%▼
2024 · 64.4%
ROA
24.3%▼
2024 · 36.9%
Interest coverage
75.17▲
2024 · 65.09
Debt ≤ 1 year
€93k▲
2024 · €53k
Income taxes
€11k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €9k | €9k | €6k | €12k | ▲ 101% |
| Other operating charges640/8 | €2k | €1k | €421 | €503 | €4k | ▲ 771% |
| Gross operating margin9900 | €15k | €-15k | €49k | €64k | €67k | ▲ 4.6% |
| Operating profit (loss)9901 | €3k | €-25k | €39k | €58k | €51k | ▼ 12.1% |
| Financial income75/76B | €8 | - | - | - | €708 | - |
| Recurring financial income75 | €8 | - | - | - | €708 | - |
| Financial charges65/66B | - | - | €50 | €978 | €835 | ▼ 14.6% |
| Recurring financial charges65 | - | - | €50 | €978 | €835 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €3k | €-25k | €39k | €57k | €50k | ▼ 10.8% |
| Income taxes67/77 | €2k | €7k | €-3k | €11k | €11k | ▼ 1.5% |
| Profit (loss) for the period9904 | €273 | €-32k | €43k | €45k | €39k | ▼ 13.1% |
| Profit (loss) for the period to be appropriated9905 | €273 | €-32k | €43k | €45k | €39k | ▼ 13.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69k | €35k | €92k | €123k | €163k | ▲ 32.1% |
| Fixed assets21/28 | €30k | €20k | €15k | €30k | €57k | ▲ 90.0% |
| Tangible fixed assets22/27 | €30k | €20k | €15k | €30k | €57k | ▲ 90.0% |
| Furniture and vehicles24 | €17k | €10k | €3k | €18k | €47k | ▲ 165% |
| Other tangible fixed assets26 | €12k | €11k | €12k | €12k | €10k | ▼ 18.6% |
| Current assets29/58 | €40k | €15k | €76k | €93k | €105k | ▲ 13.3% |
| Amounts receivable within one year40/41 | €13k | €9k | €20k | €8k | €27k | ▲ 242% |
| Trade receivables40 | - | - | €15k | €675 | €13k | ▲ 1,835% |
| Other amounts receivable41 | €13k | €9k | €6k | €7k | €14k | ▲ 92.0% |
| Cash at bank and in hand54/58 | €27k | €6k | €56k | €85k | €78k | ▼ 7.8% |
| Deferred charges and accrued income490/1 | - | - | - | €70 | €70 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69k | €35k | €92k | €123k | €163k | ▲ 32.1% |
| Equity10/15 | €46k | €14k | €56k | €71k | €70k | ▼ 0.7% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Outside capital11 | - | - | €5k | €5k | €5k | = |
| Other1109/19 | - | - | €5k | €5k | €5k | = |
| Reserves13 | €41k | €41k | €51k | €51k | €11k | ▼ 79.2% |
| Non-distributable reserves130/1 | €500 | €500 | €500 | €500 | €500 | = |
| Reserves not available under the articles1311 | €500 | €500 | €500 | €500 | €500 | = |
| Distributable reserves133 | €40k | €40k | €50k | €50k | €10k | ▼ 80.0% |
| Profit (loss) carried forward14 | €433 | €-32k | €632 | €15k | €55k | ▲ 262% |
| Amounts payable17/49 | €23k | €22k | €36k | €53k | €93k | ▲ 76.1% |
| Amounts payable within one year42/48 | €23k | €22k | €35k | €53k | €93k | ▲ 76.1% |
| Trade debts44 | €7k | €21k | €12k | €9k | €3k | ▼ 71.4% |
| Suppliers440/4 | €7k | €21k | €12k | €9k | €3k | ▼ 71.4% |
| Taxes, remuneration and social security45 | €1k | - | €4k | €0 | €3k | - |
| Taxes450/3 | €1k | - | €4k | €0 | €3k | - |
| Other amounts payable47/48 | €15k | €503 | €19k | €43k | €87k | ▲ 100% |
| Accrued charges and deferred income492/3 | - | - | €750 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €273 | €-32k | €43k | €45k | €39k | ▼ 13.1% |
| + Depreciation and write-downs630 | €11k | €9k | €9k | €6k | €12k | ▲ 101% |
| Operating cash flow (approximation) | €11k | €-23k | €52k | €52k | €52k | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | €0 | €-4k | €-21k | €-39k | ▼ 89.4% |
| Change in cash | - | €-21k | €51k | €29k | €-7k | ▼ 123% |
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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2020net €45k ▲6.7%
Operating result €58k, net result €45k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.18
Current ratio from 0.68 to 2.18.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oudergem · 1 establishment unit since 2019
Ground area
272 m²
Building footprint
85 m²
Volume, LiDAR
841 m³
Parcel 21002A0125/00A002, Brussels · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FOVEATECH
since 20192.289.966.201
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0125/00A002 | Brussels | 272 m² | 1 · 85 m² | 11.6 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.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,523 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
Founded06-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
Scores and ratios are computed by Checked and are not a credit decision.