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FTFY

Inactive
Private limited companyfounded 2023Plaggenstraat 57, 3600 Genk, BelgiumKBO/BCE: BE 0798.599.317

Inactive since 06-06-2026; last annual accounts for fiscal year 2024.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€1,971
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
90 d late
2023
34 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 17 February 2023, FTFY was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

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

Financials · fiscal year 2024, micro schema

Equity
-€1,971
2023 · €16,235
Total assets
€17,039▼ 60.2%
2023 · €42,797
Net result
-€18,206
2023 · €13,235
Working capital
-€13,562
2023 · €192
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
Line20232024
Operating result€19,735--€17,773
Net result€13,235--€18,206
Equity€16,235--€1,971
Total assets€42,797-€17,039▼ 60.2%
Debt€26,561-€19,010▼ 28.4%
Working capital€192--€13,562
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2023: €19,735€19,735Net result 2023: €13,235€13,235Operating result 2024: -€17,773-€17,773Net result 2024: -€18,206-€18,20620232024-€20,000-€10,000€0€10,000€20,000Operating result 2023: €19,735€19,700Net result 2023: €13,235€13,200Operating result 2024: -€17,773-€17,800Net result 2024: -€18,206-€18,20020232024
The operating result turns negative in 2024: a loss of €17,773 after €19,735 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16,622
Fixed assets €14,856 ▼ 22.8%
Current assets €1,766 ▼ 92.2%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€13,024▼
2023 · €22,721
Cash flow
-€13,457▼
2023 · €16,221
Solvency
-11.6%▼
2023 · 37.9%
Current ratio
0.12▼
2023 · 1.01
Debt to equity
-9.64▼
2023 · 1.64
ROA
-106.9%▼
2023 · 30.9%
Interest coverage
-53.60▼
2023 · 39.02
Debt ≤ 1 year
€15,328▼
2023 · €22,582
Income taxes
€190▼
2023 · €5,926
Staff costs
€160▲
2023 · €3
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€42,797€17,039▼
Formation expenses20€787€417▼
Fixed assets21/28€19,236€14,856▼
Tangible fixed assets22/27€19,236€14,856▼
Furniture and vehicles24€19,236€14,856▼
Current assets29/58€22,774€1,766▼
Amounts receivable within one year40/41€1,575-
Trade receivables40€1,575-
Cash at bank and in hand54/58€16,828€1,766▼
Deferred charges and accrued income490/1€4,371-
Equity and liabilities
Total equity and liabilities10/49€42,797€17,039▼
Equity10/15€16,235-€1,971▼
Contributions10/11€3,000€3,000=
Reserves13€5,000€5,000=
Non-distributable reserves130/1€5,000-
Other1319€5,000-
Distributable reserves133-€5,000
Profit (loss) carried forward14€8,235-€9,971▼
Amounts payable17/49€26,561€19,010▼
Amounts payable after more than one year17€3,979-
Financial debts170/4€3,979-
Amounts payable within one year42/48€22,582€15,328▼
Current portion of amounts payable after more than one year42€5,403€1,544▼
Trade debts44-€1,712
Suppliers440/4-€1,712
Taxes, remuneration and social security45€7,634€4,496▼
Taxes450/3€7,634€4,496▼
Other amounts payable47/48€9,544€7,575▼
Accrued charges and deferred income492/3-€3,682
Income statement Code20232024
Remuneration, social security and pensions62€3€160▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,986€4,750▲
Other operating charges640/8€446€1,076▲
Gross operating margin9900€23,170-€11,787▼
Operating profit (loss)9901€19,735-€17,773▼
Financial income75/76B€9-
Recurring financial income75€9-
Financial charges65/66B€582€243▼
Recurring financial charges65€582€243▼
Profit (loss) for the period before taxes9903€19,162-€18,016▼
Income taxes67/77€5,926€190▼
Profit (loss) for the period9904€13,235-€18,206▼
Profit (loss) for the period to be appropriated9905€13,235-€18,206▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,235-€9,971▼
Profit (loss) brought forward from the previous period14P-€8,235
Transfer to equity691/2€5,000-
To other reserves6921€5,000-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€3€160▲ 6,300%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,986€4,750▲ 59.1%
Other operating charges640/8€446€1,076▲ 141%
Gross operating margin9900€23,170-€11,787▼ 151%
Operating profit (loss)9901€19,735-€17,773▼ 190%
Financial income75/76B€9--
Recurring financial income75€9--
Financial charges65/66B€582€243▼ 58.3%
Recurring financial charges65€582€243▼ 58.3%
Profit (loss) for the period before taxes9903€19,162-€18,016▼ 194%
Income taxes67/77€5,926€190▼ 96.8%
Profit (loss) for the period9904€13,235-€18,206▼ 238%
Profit (loss) for the period to be appropriated9905€13,235-€18,206▼ 238%
Line20232024Change
Assets
Total assets20/58€42,797€17,039▼ 60.2%
Formation expenses20€787€417▼ 47.0%
Fixed assets21/28€19,236€14,856▼ 22.8%
Tangible fixed assets22/27€19,236€14,856▼ 22.8%
Furniture and vehicles24€19,236€14,856▼ 22.8%
Current assets29/58€22,774€1,766▼ 92.2%
Amounts receivable within one year40/41€1,575--
Trade receivables40€1,575--
Cash at bank and in hand54/58€16,828€1,766▼ 89.5%
Deferred charges and accrued income490/1€4,371--
Equity and liabilities
Total equity and liabilities10/49€42,797€17,039▼ 60.2%
Equity10/15€16,235-€1,971▼ 112%
Contributions10/11€3,000€3,000=
Reserves13€5,000€5,000=
Non-distributable reserves130/1€5,000--
Other1319€5,000--
Distributable reserves133-€5,000-
Profit (loss) carried forward14€8,235-€9,971▼ 221%
Amounts payable17/49€26,561€19,010▼ 28.4%
Amounts payable after more than one year17€3,979--
Financial debts170/4€3,979--
Amounts payable within one year42/48€22,582€15,328▼ 32.1%
Current portion of amounts payable after more than one year42€5,403€1,544▼ 71.4%
Trade debts44-€1,712-
Suppliers440/4-€1,712-
Taxes, remuneration and social security45€7,634€4,496▼ 41.1%
Taxes450/3€7,634€4,496▼ 41.1%
Other amounts payable47/48€9,544€7,575▼ 20.6%
Accrued charges and deferred income492/3-€3,682-
Line20232024Change
Profit (loss) for the period9904€13,235-€18,206▼ 238%
+ Depreciation and write-downs630€2,986€4,750▲ 59.1%
Operating cash flow (approximation)€16,221-€13,457▼ 183%
Investment in fixed assets (approximation)--€370-
Change in cash--€15,062-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
03-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Genk
exact location from the address register On OpenStreetMap
Ground area
965 m²
Building footprint
141 m²
Volume, LiDAR
818 m³
Parcel 71306G0029/00D002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71306G0029/00D002 Flanders 965 m² 1 · 141 m² 9.7 m · 2 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
74201Photography, excluding press photography
93199Other sports activities
96999Other personal services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.