Equity
€100,290 from €250,051 in 2007
Equity fell by 60% in 18 years.
Fundalys
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €84,420 (2023)
€68,617▲ 0.8%
lowest -€50,574 (2010)
-€11,962▼ €10,445
peak €250,051 (2007)
€100,290▼ 10.7%
€1.1m▲ 28.9%
Board3 names since 2016
1 director
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Loss of €11,962Debts from €888,904 to €1.1mInvestments €297,361Cash from €14,405 to €19,022
Key points
from the 2025 annual accountsLosses
-€13,479 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€1.1m 92% of the balance sheet
Financial debts 46%Suppliers 1%Taxes and wages 1%Other 53%
Of this, €611,403 falls due within a year.
Investments
€297,361 4.7 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 50.0% higher than in 2024.
Filings
27 annual accounts since 1999
Eight of the last ten came late. The 2019 accounts came latest: 54 days after the end of the period.
Position in the sector
-€11,962
Lower net result than 90% of companies in head offices and management consultancy. Sector median €26,442 · 41,246 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,104 companies had the same profile as Fundalys has now. Each dot stands for 3 companies, two years later.
94.3%
were still trading
3.5%
stopped another way
1.8%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,104 companies, not a prediction for Fundalys. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463800649
Company renamed from MIVETECH to Fundalys
Resignation: (bestuurder en tevens gedelegeerd bestuurder) · Reappointment: (overblijvende enige bestuurder als niet statutaire enige bestuurder) · “1. de boekhouding en de boekhoudkundige diensten organiseren en advies verstrekken inzake de boekhoudkundige…” (deed in Dutch) · General meeting of 26-12-2023 · Gazette deed
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Kortrijk
1 director resigning, 2 reappointments
Resignation: · Reappointments: (managing director) and (managing director) · General meeting of 17-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Fundalys Kortrijk | €1.2m | €68,617 | 8.0% | - |
| ULYSSE Wevelgem | €1.4m | €70,366 | 31.8% | - |
| LEEN DE BELDER Ostend | €1.3m | €76,557 | 35.3% | - |
| KRIJA Zwevegem | €1.3m | €65,480 | 27.9% | - |
| Dipinvest Knokke-Heist | €1.2m | €73,391 | 30.0% | - |
| MANAGEMENT CONSULTING COMPANY Kortrijk | €1.5m | €68,077 | 76.3% | - |
| ZAKENKANTOOR D & V Roeselare | €1.1m | €84,130 | 30.7% | 1 |
These companies have the same main activity as Fundalys: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 1994 and 2000.
Official details
Source: KBO- Status
- Active since 09-07-1998Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.088.094.1558501 Kortrijk, since 25-06-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2024
Insights on Fundalys
Fundalys files the micro format. That format states no turnover. The gross margin rose from €41,598 in 2006 to €68,617 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
In September 2022, the Official Gazette published the appointment of 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 Fundalys
- What is the company number of Fundalys?
- The company number of Fundalys is 0463.800.649. The VAT number is the same number with BE in front: BE 0463.800.649.
- Where is Fundalys based?
- The registered office is at Koffiehoekstraat (Bis) 16, 8501 Kortrijk.Company details
- What does Fundalys do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Fundalys?
- Fundalys is a public limited company (NV).
- When was Fundalys founded?
- Fundalys was founded on 09-07-1998.
- Is Fundalys still active?
- Yes, Fundalys is an active enterprise in the KBO register.
- What is the turnover of Fundalys?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €68,617 and 120 comparable companies (NACE 70200). It probably lies between €110,000 and €180,000.Financials
- Is Fundalys profitable?
- In financial year 2025, Fundalys made a loss of €11,962.
- Where can I find the annual accounts of Fundalys?
- Fundalys filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Fundalys due?
- Fundalys must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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