The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 6,712 companies had the same profile as Future CaSe has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Micro
5 to 10 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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
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 6,712 companies, not a prediction for Future CaSe. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0726568305
Merger: Future CaSe takes over FENIX DESIGN STUDIO
Registered office moved to Duffel · Capital increase of €6,200 to €24,800 · Capital from €18,600 to €24,800, 58,130 new shares · General meeting of 26-06-2024 · Gazette deed
Merger proposal: FUTURE CASE BV takes over Fenix Design Studio (formerly Fenix Advisory)Name hiddenVisible after signing in holds 93 shares · Hidden nameVisible after signing in holds 93 shares · Legal-form conversion: from general partnership to private limited company · Gazette deed
Amendment of the articles · Resignations & appointments
Founding capital of €18,600, 186 shares · Founders: Name after signing inVisible after signing in and Name hiddenVisible after signing in · Appointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Future CaSe: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €329,000 and €476,000, founded between 2019 and 2020.
abbreviated format, filed on 22-04-2026, 100 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €120,000 and €550,000.
Balance sheet
balance sheet total €400,885 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
202418 months
2023
2022
2021
202015 months
83,458
33,869
-1,808
-
-
-
64,289
31,015
-1,874
-
-
-
45,839
1.2m
0
-
-
207,241
-5,674
-6,123
755
-6,883
6,376
-
49,636
31,163
-185,084
-183,210
-183,636
-187,852
27.3%
21.2%
3.9%
10.3%
10.1%
4.5%
1.45
1.33
0.11
0.12
0.13
0.55
2.66
3.71
24.95
8.66
8.91
21.43
29.7%
1.9%
-188.1%
1.8%
17.9%
4.1%
8.1%
0.4%
-7.2%
0.2%
1.8%
0.2%
8.69
12.42
-27.53
-
-
-
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
30-06-2023
30-06-2022
Tangible fixed assets
€45,839
€1.2m
-
-
€31,754
€29,543
€13,816
-
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Future CaSe
The operating result for 2025 is 12 times that of 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 78.8% to 72.7%. Equity and debt are higher.
Large changes and their cause
2024Total assets +68% on 2023.Merger absorbing FENIX DESIGN STUDIO, Official Gazette 17-07-2024.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
2 directors, since incorporation
Name after signing inVisible after signing in
Director (not named in the articles)
current term since 08-05-2019term without a fixed end
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
2 names, the dashed line is today
2019202020212022202320242025202620272028
Hidden nameVisible after signing in Manager (not named in the articles)
Name after signing inVisible after signing in Manager (not named in the articles)
Board
Mandates as a list
Name hiddenVisible after signing in
Manager (not named in the articles), appointed by deed of 10-05-2019, still in office
Hidden nameVisible after signing in
Manager (not named in the articles), appointed by deed of 10-05-2019, still in office
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
Future CaSe is linked to other companies through directors or shares. Look especially for linked companies in trouble.
2 connected companies
Depth
The connected companies are in the list below.
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in · deeds of 13-12-2021 and 11-12-2017
Founded in 2017 · 3.6 FTE (2025)
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in · Director (not named in the articles) · deed of 13-06-2019
No longer active · total assets €92,842 (2023)
Timeline
Timeline
17 events since 2019
Board
Capital
Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedPDFabbreviated format · 100 days before the deadline
2025
Highest result from 2020 to 2025net €32,535 ▲2,111% The operating result of €51,705 and the net result of €32,535 are both a record.
Equity above €100,000equity €109,436 ▲42.1% After 2 profitable years in a row, equity reaches €109,436.
Annual accounts 2024 filedPDFmicro format · 154 days before the deadline
2024
Back to profitnet €1,471 The net result is €1,471, after one loss-making year.
Liquidity more than 11 timescurrent ratio 1.33 The current ratio rises from 0.11 to 1.33. Short-term debt falls from €208,126 to €95,207.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0726568305
Merger: Future CaSe takes over FENIX DESIGN STUDIORegistered office moved to Duffel · Capital increase of €6,200 to €24,800 · Capital from €18,600 to €24,800, 58,130 new shares · General meeting of 26-06-20246 points ▸
Merger proposal: FUTURE CASE BV takes over Fenix Design Studio (formerly Fenix Advisory)Name hiddenVisible after signing in holds 93 shares · Hidden nameVisible after signing in holds 93 shares · Legal-form conversion: from general partnership to private limited company15 points ▸
Incorporation, 21-03-2019
Board composition, Name after signing inVisible after signing in (director), mentioned twice in the deed
Board composition, Name hiddenVisible after signing in (director), mentioned twice in the deed
Capital, €18,600, 186 shares
Hidden nameVisible after signing in holds 93 shares
Name after signing inVisible after signing in holds 93 shares
Incorporation, 04-12-2017
Legal-form conversion, from general partnership to private limited company
Annual accounts 2023 filedPDFmicro format · 9 days before the deadline
2023
Weakest financial yearnet -€15,690 The net result drops to -€15,690, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2022 filedPDFmicro format · 3 days late
2022
Annual accounts 2021 filedPDFmicro format · on the deadline day
2021
Annual accounts 2020 filedPDFmicro format · 2 days before the deadline
2019
Amendment of the articles · Resignations & appointmentsFounding capital of €18,600, 186 shares · Founders: Name after signing inVisible after signing in and Name hiddenVisible after signing in · Appointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director)7 points ▸
IncorporationFounding capital of €18,600, 186 shares · Founders: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Appointments: Name hiddenVisible after signing in (manager) and Hidden nameVisible after signing in (manager) · published on 10-05-20198 points ▸
Founder, Name after signing inVisible after signing in
Founder, Name hiddenVisible after signing in
Founding capital, €18,600, 186 shares
Hidden nameVisible after signing in holds 93 shares
Name after signing inVisible after signing in holds 93 shares
Capital, €18,600, 186 shares
Director appointment, Name hiddenVisible after signing in (manager (not named in the articles))
Director appointment, Hidden nameVisible after signing in (manager (not named in the articles))
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 8 May 2019, Future CaSe was incorporated by two natural persons, with a starting capital of €18,600.12A capital increase in 2024 brought the capital to €24,800.3FENIX DESIGN STUDIO was merged into the company in 2024.3Of the 2 current board members, 2 have served since 2019.4
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het aanleggen,oordeelkundig uitbouwen en beheren van onroerend vermogen,alle verrichtingen met betrekking tot onroerende goederen en…”
17 activities
Het aanleggen,oordeelkundig uitbouwen en beheren van onroerend vermogen,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de huur-en verhuur,de bouw,de verbouwing,de ruil,verkaveling,onroerende leasing en,In het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen en onroerende zakelijke rechten;
De vennootschap mag een BTW-eenheid vormen met één of meerdere andere vennootschappen;
De vennootschap mag deelnemen door inbreng,fusie,inschrijving of anderszins in alle bestaande of op te richten vennootschappen of ondernemingen met een gelijkaardig of aanverwant voorwerp:
Het stellen van alle verrichtingen van project-en procesmanagement,coördinatie en voeren van de directie over andere ondernemingen;
Het stellen van alle beheers en managementtaken,geven van advies,opleiding,coaching en advies aan derden van financiële en niet financiële aard;
De exploitatie van studie-,organisatie-en raadgevende activiteiten inzake alle commerciële,financiële,administratieve en technische aangelegenheden;
Het beheer van roerende en onroerende vermogens,verhuur-en verkoopactiviteiten,alle nevenactiviteiten daaraan verbonden ten behoeve van beheren,vergaren of verbeteren(bouwen,verbouwen,verhuren,onderhouden,uitbaten,dezelijst is niet gelimiteerd),enkel door de wet verboden of niet houdend vergunning plichtig;
Het beleggen van vermogens in de ruimste zin,voor eigen rekening en die van derden;
Optrekken van gebouwen voor eigen gebruik,exploitatie of verkoop,ook voor derden;
Aan en verkoop van gebouwen voor eigen exploitatie,renovatie of bestemmingswijziging;
Het publiceren van boeken en artikels in alle vormen alsook sociale media en reclame,voor eigen rekening of derden;
Het drijven van handel via aan en verkoop,import en export of het genereren/creëren van goederen en diensten in de ruimste zin,dit in binnen-en buitenland,voor zover niet vergunning houden gelimiteerd;
Het verlenen van advies,bijstand,interim en algemene managementdiensten aan bedrijven of privépersonen.De vennootschap kan hiervoor ook beroep doen op derden of eigen label.
Het nemen van participaties onder welke vorm dan ook,in alle vennootschappen en verenigingen,bestaande of nog op te richten,met burgerlijke,industriële,financiële,onroerende,commerciële of andere doeleinden;het beheer en de valorisatie van deze participaties;
De aankoop,verkoop,cessie en ruil van alle roerende waarden,aandelen,deelbewijzen,obligaties,overheidsfondsen,opties en alle andere roerende rechten;
Het huren,verhuren,aan-en verkopen van onroerende goederen,het renoveren van onroerende goederen,het opbouwen van een onroerende patrimonium met inbegrip van onroerende zakelijke rechten,
Bestuurder,zaakvoerder of andere mandaten of functies in vennootschappen.