Fundaro
ActiveSummary
Fundaro is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5,175 and a net result of -€503,334. Equity is shrinking by ~26.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 5% of 5587 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
31 d early
2023
1 d early
2022
24 d early
2021
33 d early
2020
37 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€5,175▼ 39.2%
2024 · €8,510
Net result
-€503,334▼ 5,280%
2024 · -€9,355
Total assets
€8.0m▲ 1,820%
2024 · €417,476
Solvency
0.1%▼ 2.0pp
2024 · 2.0%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,444▲ 59.3%-€1,892▲ 22.6%-€3,214▼ 69.9%-€7,487▼ 133%-€61,403▼ 720%
Net result-€6,346below the sector's middle half▲ 33.4%-€5,164below the sector's middle half▲ 18.6%-€5,824below the sector's middle half▼ 12.8%-€9,355below the sector's middle half▼ 60.6%-€503,334below the sector's middle half▼ 5,280%
Equity€28,852below the sector's middle half▼ 18.0%€23,689below the sector's middle half▼ 17.9%€17,865below the sector's middle half▼ 24.6%€8,510below the sector's middle half▼ 52.4%€5,175below the sector's middle half▼ 39.2%
Total assets€420,048below the sector's middle half▼ 2.8%€428,570below the sector's middle half▲ 2.0%€416,786below the sector's middle half▼ 2.7%€417,476below the sector's middle half▲ 0.2%€8.0mabove the sector's middle half▲ 1,820%
Debt€391,196▼ 1.4%€404,881▲ 3.5%€398,921▼ 1.5%€408,966▲ 2.5%€8.0m▲ 1,859%
Working capital-€112,747within the sector's middle half▼ 11.2%-€174,970within the sector's middle half▼ 55.2%-€31,109within the sector's middle half▲ 82.2%-€31,545within the sector's middle half▼ 1.4%-€6.4mbelow the sector's middle half▼ 20,289%
Solvency6.9%below the sector's middle half▼ 1.3pp5.5%below the sector's middle half▼ 1.3pp4.3%below the sector's middle half▼ 1.2pp2.0%below the sector's middle half▼ 2.2pp0.1%below the sector's middle half▼ 2.0pp
Current ratio0.21below the sector's middle half▼ 0.080.18below the sector's middle half▼ 0.030.46within the sector's middle half▲ 0.280.47within the sector's middle half=0.00below the sector's middle half▼ 0.46
Return on assets (ROA)-1.5%below the sector's middle half▲ 0.7pp-1.2%below the sector's middle half▲ 0.3pp-1.4%below the sector's middle half▼ 0.2pp-2.2%below the sector's middle half▼ 0.8pp-6.3%below the sector's middle half▼ 4.0pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €61,403 in 2025 against €7,487 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.0m
Fixed assets
€8.0m ▲ 1,952%
Current assets
€17,023 ▼ 38.3%
Equity and liabilities €8.0m
Equity
€5,175 ▼ 39.2%
Debt
€8.0m ▲ 1,859%
Debt's share of the balance-sheet total rises from 98.0% to 99.9%. Equity is lower and debt is higher.
Key figures and ratios
Debt ≤ 1 year
€6.4m▲
2024 · €59,127
Debt > 1 year
€1.5m▲
2024 · €349,839
A ratio outside any meaningful range has been withheld (balance sheet total €8.0m, equity €5,175).
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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €939 | €1,015 | €568 | €580 | €19,652 | ▲ 3,286% |
| Gross operating margin9900 | -€1,505 | -€878 | -€2,646 | -€6,907 | -€41,751 | ▼ 504% |
| Operating profit (loss)9901 | -€2,444 | -€1,892 | -€3,214 | -€7,487 | -€61,403 | ▼ 720% |
| Financial income75/76B | - | €0 | €0 | - | €0 | - |
| Recurring financial income75 | - | €0 | €0 | - | €0 | - |
| Financial charges65/66B | €3,902 | €3,271 | €2,609 | €1,868 | €441,931 | ▲ 23,555% |
| Recurring financial charges65 | €3,902 | €3,271 | €2,609 | €1,868 | €15,538 | ▲ 732% |
| Non-recurring financial charges66B | - | - | - | - | €426,393 | - |
| Profit (loss) for the period before taxes9903 | -€6,346 | -€5,164 | -€5,824 | -€9,355 | -€503,334 | ▼ 5,280% |
| Profit (loss) for the period9904 | -€6,346 | -€5,164 | -€5,824 | -€9,355 | -€503,334 | ▼ 5,280% |
| Profit (loss) for the period to be appropriated9905 | -€6,346 | -€5,164 | -€5,824 | -€9,355 | -€503,334 | ▼ 5,280% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €420,048 | €428,570 | €416,786 | €417,476 | €8.0m | ▲ 1,820% |
| Fixed assets21/28 | €389,894 | €389,894 | €389,894 | €389,894 | €8.0m | ▲ 1,952% |
| Financial fixed assets28 | €389,894 | €389,894 | €389,894 | €389,894 | €8.0m | ▲ 1,952% |
| Current assets29/58 | €30,153 | €38,675 | €26,892 | €27,582 | €17,023 | ▼ 38.3% |
| Amounts receivable within one year40/41 | €23,876 | €24,163 | €19,058 | €19,058 | €12,370 | ▼ 35.1% |
| Trade receivables40 | €19,058 | €19,058 | €19,058 | €19,058 | €12,360 | ▼ 35.1% |
| Other amounts receivable41 | €4,819 | €5,106 | €0 | - | €10 | - |
| Cash at bank and in hand54/58 | €6,277 | €14,512 | €7,834 | €8,524 | €4,653 | ▼ 45.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €420,048 | €428,570 | €416,786 | €417,476 | €8.0m | ▲ 1,820% |
| Equity10/15 | €28,852 | €23,689 | €17,865 | €8,510 | €5,175 | ▼ 39.2% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | €40,000 | €540,000 | ▲ 1,250% |
| Profit (loss) carried forward14 | -€11,148 | -€16,311 | -€22,135 | -€31,490 | -€534,825 | ▼ 1,598% |
| Amounts payable17/49 | €391,196 | €404,881 | €398,921 | €408,966 | €8.0m | ▲ 1,859% |
| Amounts payable after more than one year17 | €248,295 | €191,236 | €340,921 | €349,839 | €1.5m | ▲ 343% |
| Financial debts170/4 | €248,295 | €191,236 | €340,921 | €349,839 | €1.5m | ▲ 343% |
| Amounts payable within one year42/48 | €142,900 | €213,645 | €58,000 | €59,127 | €6.4m | ▲ 10,807% |
| Current portion of amounts payable after more than one year42 | €56,315 | €57,060 | €57,815 | €58,581 | €0 | ▼ 100% |
| Financial debts43 | - | - | - | - | €6.4m | - |
| Credit institutions430/8 | - | - | - | - | €6.4m | - |
| Trade debts44 | - | - | €185 | €545 | €48,928 | ▲ 8,871% |
| Suppliers440/4 | - | - | €185 | €545 | €48,928 | ▲ 8,871% |
| Other amounts payable47/48 | €86,586 | €156,586 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €13,160 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,346 | -€5,164 | -€5,824 | -€9,355 | -€503,334 | ▼ 5,280% |
| Operating cash flow (approximation) | -€6,346 | -€5,164 | -€5,824 | -€9,355 | -€503,334 | ▼ 5,280% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€7.6m | - |
| Change in cash | - | €8,234 | -€6,678 | €690 | -€3,871 | ▼ 661% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
13-07
State Gazette act
General meeting · Board meeting
Director resignation · Permanent representative
2025
31-12
Financial
Weakest financial yearnet -€503,334
Net result drops to -€503,334, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Kontich · 1 establishment unit since 2018
Ground area
5,003 m²
Building footprint
685 m²
Volume, LiDAR
7,725 m³
Parcel 11024B0084/00R000, Flanders · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
33
companies at this address
See who is registered here
1 establishment unit
C2IC
since 20182.277.748.951
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0084/00R000 | Flanders | 5,003 m² | 1 · 685 m² | 12.8 m · 4 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.
Structure & network
Part of the group
Companions
28 companies
Group, risk and exposure
Owners and holdings
1 owner · 1 holding · 4 subsidiaries in the treeChain of control
- Companions
- Fundaro
Highest known parent: Companions. The sources do not say who stands above it.
Owners 1
- CompanionsparentSourceaccounts Companions 2024100%
Holdings 1
-
99.99%
All subsidiaries, including indirect ones 4
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
According to the 2025 annual accounts of Fundaro and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 3,350 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
Founded02-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0699484420
Also
9925:BE0699484420
Registered
07-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.