Foxit

Active

Private limited companyfounded 20178 yrs activeTorhoutsesteenweg 132, 8400 Oostende, BelgiumKBO/BCE: BE 0685.381.511

The computed 12-month bankruptcy probability of Foxit is 2.6% (moderate). The 2025 annual accounts show equity of €714 and a net result of €-532. Equity is shrinking by ~16.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 32% of 13306 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

41 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability21▲+21

Solvency34▼-6

Growth58=

Track record100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity tight (current ratio 1.12 against 1.18 in 2024; short-term debt: 89.4% and cash: 48.5% of total assets), and 91.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

8.8%

Return on assets

-6.6%

Age of the figures

15 mo

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 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 · 7 filings

Deviation from the deadline

2025

3 d late

2024

5 d late

2023

15 d late

2022

20 d late

2021

11 d late

2020

15 d late

2019

on the day

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

30-06-2026 close23-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

€2k

EBIT margin

-367.0%

Net result

€-532▲ 66.7%

2024 · €-2k

2019: €-9k 2020: €-611 2021: €-64 2022: €-163 2023: €-48 2024: €-2k

2019 → 2025

Working capital

€858▼ 31.1%

2024 · €1k

2019: €-5k 2020: €-6k 2021: €3k 2022: €3k 2023: €3k 2024: €1k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€3k-€3k▼ 5.3%€3k▼ 1.7%€1k▼ 56.2%€714▼ 42.7%

Operating result€-2k€-531▲ 66.7%

Net result€-64-€-163▼ 155%€-48▲ 70.3%€-2k▼ 3,201%€-532▲ 66.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €531 in 2025 against €2k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €8k

91.2%

Equity €714▼ 42.7%

Debt €7k▲ 7.8%

The debt ratio rises from 84.6% to 91.2%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

Solvency

8.8%▼

2024 · 15.4%

Current ratio

1.12▼

2024 · 1.18

Quick ratio

1.12▼

2024 · 1.18

ROA

-6.6%▲

2024 · -19.8%

Debt

€7k▲

2024 · €7k

Debt ≤ 1 year

€7k▲

2024 · €7k

Equity ratios withheld: equity of €714 is too small for a meaningful ratio.

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€8k€8k=

Current assets29/58€8k€8k=

Amounts receivable within one year40/41€4k€4k=

Trade receivables40€4k€4k=

Cash at bank and in hand54/58€4k€4k=

Equity and liabilities

Total equity and liabilities10/49€8k€8k=

Equity10/15€1k€714▼

Contributions10/11€12k€12k=

Profit (loss) carried forward14€-11k€-12k▼

Amounts payable17/49€7k€7k▲

Amounts payable within one year42/48€7k€7k▲

Trade debts44€5k€5k▲

Suppliers440/4€5k€5k▲

Taxes, remuneration and social security45€150€150=

Taxes450/3€150€150=

Other amounts payable47/48€2k€2k=

Accrued charges and deferred income492/3-€144

Income statement Code20242025

Other operating charges640/8€541€531▼

Gross operating margin9900€-1k-

Operating profit (loss)9901€-2k€-531▲

Financial charges65/66B€0€0=

Recurring financial charges65€0€0=

Profit (loss) for the period before taxes9903€-2k€-532▲

Profit (loss) for the period9904€-2k€-532▲

Profit (loss) for the period to be appropriated9905€-2k€-532▲

Appropriation of the result

Profit (loss) to be appropriated9906€-11k€-12k▼

Profit (loss) brought forward from the previous period14P€-10k€-11k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 1Filings 7

Next filing, fiscal year 2026, expected by 31-01-2027

2026

03-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 3 days late

2025

05-02

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 5 days late

2024

15-02

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 15 days late

2023

20-02

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 20 days late

2022

11-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 11 days late

2021

30-06

Financial Liquidity triplescurrent ratio 1.62

Current ratio from 0.58 to 1.62; short-term debt falls from €14k to €5k.

15-02

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 15 days late

2020

31-01

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

29-12-2025 AYDOGAN MERYEM: Resigned as Director

13-06-2018 AYDOGAN MUSTAFA: Resigned as Manager

Location & real-estate footprint

Registered office, Oostende · 1 establishment unit since 2017

establishment The establishment unit on the map

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.

Torhoutsesteenweg 1328400 Oostende

Ground area

88 m²

Building footprint

82 m²