Skip to content

Foxaco

Active Public limited companyfounded 1976active for 50 yearsde Foestraetslaan 21d, 1180 UccleKBO/BCE: BE 0417.023.091 #6 company by equity in Uccle, Real estate sector

Lifetime

17 annual accounts with figures on one time axis, 49 filings since 1977
peak €6.4m (2023)
€5.4m▼ 9.2%
peak €2.7m (2020)
€1.5m▼ 34.0%
peak €31.1m (2025)
€31.1m▲ 5.0%
€632,918▼ 8.9%
peak 1.5 FTE (2014)
1.2 FTE▼ 20.0%
Board4 names since 2011
Documentsfilings and deeds
13-07-202618 days before the deadline
2025financial year
Result from €2.2m to €1.5mStaff from 1.5 FTE to 1.2 FTEInvestments €4.2mCash from €2.0m to €261,428

Key points

from the 2025 annual accounts

Equity

€31.1m ▲ 5.0%

Foxaco has made a profit in every financial year since 2007.

Result

€1.5m ▼ 34.0%
€2.2m2024€1.5m2025

The result fell in 2025 from €2.2m to €1.5m.

Turnover

≈ €6.5m estimated

The accounts state no turnover.

Investments

€4.2m 1.8 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 10 to 32 days before the end of the period.

Position in the sector

€31.1m

More equity than 95% of companies in real estate. Sector median €942,893 · 5,811 companies.

Checked score

96
Excellent
Financially stronger than 68% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 97.0% of total assets
51-7short-term debt 0.7% · cash 0.8%
74-4return on assets 4.6%

Score breakdown

raises risk
Liquidity: current ratio 15.06, cash €261,428, halved
lowers risk
Size: 1.2 FTE, total assets €32.1m
Founded in 1976
Equity €31.1m (97.0% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 56% on liquidity, 69% on profitability and 59% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as Foxaco has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Foxaco itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 17,041 companies, not a prediction for Foxaco. 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.

Credit verdict

Credit of up to €2,950,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 15.06 (16.61 in 2024), above the usual 1.5. Short-term debt is 0.7% and cash 0.8% of total assets. 3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 1.2 FTE, total assets €32.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 15.06, cash €261,428, halved
NBB · annual accounts
lowers risk · Founded in 1976
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €31.1m (97.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
10 days early
2023
27 days early
2022
32 days early
2021
23 days early
2020
38 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0417023091
Registered office moved to Uccle New registered office: Avenue de Foestraets 21d, 1180 Uccle · Reappointments: de la ROCHE Aude Nicole Alfred Marie Ghislaine, de la ROCHE Brieuc Nicolas Stéphane Bérengère Marie Ghislain and de la ROCHE Serge Anne Henri Jean Marie Ghislain · Appointments: de la ROCHE Bérengère Yves (director), de la ROCHE Serge Anne Henri Jean Marie Ghislain (chair of the board) and de la ROCHE Brieuc Nicolas Stéphane Bérengère Marie Ghislain (managing director) · General meeting of 22-11-2023 · Gazette deed
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Vilvoorde
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Zaventem
All 63 events

Comparable companies

same main activity, similar in size and age
Company
Foxaco Uccle €32.1m €5.4m 97.0% 1.2
Babemo Uccle €30.7m €5.0m 95.4% 1.7
Immobilière Sem Brussels €43.3m €7.3m 73.7% 1
DECEBRA Sint-Niklaas €57.7m €5.8m 13.7% 1.2
NORDICA Oostkamp €53.6m €4.2m 74.7% 0.9
A.D. Value Rixensart €25.0m €3.9m 90.2% 2.3
ASSISTANT REAL ESTATE Ixelles €16.8m €4.1m 74.5% 1

These companies have the same main activity as Foxaco: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €17m and €58m, founded between 1980 and 1996.

Official details

Source: KBO
Status
Active since 04-11-1976Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
Joint committees
100Auxiliary committee for blue-collar workers
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.012.975.2761180 Uccle, since 24-11-1976
Financial year end
31 December
Peppol
Reachable since 28-10-2025
Company details

Annual accounts 2025

€32.1m▲ 4.5%
Employeeson 31-12-2025
2=
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on Foxaco

Foxaco has existed since 1976. The gross margin grew from €1.9m in 2007 to €5.4m in 2025 and staff from 0.6 to 1.2 full-time equivalents.

In December 2023, the Official Gazette published the appointment of de la ROCHE Brieuc Nicolas Stéphane Bérengère Marie Ghislain as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Foxaco

What is the company number of Foxaco?
The company number of Foxaco is 0417.023.091. The VAT number is the same number with BE in front: BE 0417.023.091.
Where is Foxaco based?
The registered office is at de Foestraetslaan 21d, 1180 Uccle.Company details
What does Foxaco do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of Foxaco?
Foxaco is a public limited company (NV).
When was Foxaco founded?
Foxaco was founded on 04-11-1976.
Is Foxaco still active?
Yes, Foxaco is an active enterprise in the KBO register.
How many employees does Foxaco have?
Foxaco had an average of 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Foxaco fall under?
In its 2025 annual accounts, Foxaco states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of Foxaco?
The turnover in financial year 2025 is ≈ €6.5m. This figure is estimated from the gross margin of €5.4m and 32 comparable companies (NACE 68203). It probably lies between €5.4m and €7.6m.
Is Foxaco profitable?
In financial year 2025, Foxaco made a profit of €1.5m.
Where can I find the annual accounts of Foxaco?
Foxaco filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Foxaco due?
Foxaco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.