Financials
- Fiscal year
- 2025
- Total assets
- €650,248
- Loss
- -€14,791
- Solvency
- -6.1%
Total assets▼ 3.5%
Net result
20182025
Het Fundament
ActiveSummary
Het Fundament has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€39,686) and a net result of -€14,791. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 15312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Buying and selling of own real estate
NACE 68110NACE 68100
1 site
How big
€650,248total assets 2025
- Equity
- -€39,686
- Loss
- -€14,791
Turnover not published (abridged schema)
Who decides
Accounts 16 d early0 of 6 deeds read
Why 54Capped at 59: negative equity- Negative equity -€39,686- Liquidity: current ratio 0.09, cash €8,018, halved+ Size: total assets €650,248+ Figures for FY 2025 (filed 15-07-2026)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 23% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
19-2
equity -6.1% of total assets
Liquidity
18-8
short-term debt 64.4% · cash 1.2%
Profitability
66+65
return on assets -2.3%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 3 months
08-2026: 0.4%highest value
09-2026: 0.4%● 0.0% vs 08-2026highest value
10-2026: 0.4%● 0.0% vs 09-2026highest value
- Size: total assets €650,248 lowers the probability for this profile
- Negative equity -€39,686 raises the probability
- Figures for FY 2025 (filed 15-07-2026) lowers the probability
- Liquidity: current ratio 0.09, cash €8,018, halved raises the probability
No credit on open account
Liquidity short (current ratio 0.09 against 0.15 in 2024; short-term debt: 64.4% and cash: 1.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 15%, liquidity 15%, profitability 52%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€39,686
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
1 d early
2023
2 d late
2022
30 d late
2021
31 d late
2020
47 d late
2019
26 d late
← 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 17 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 3 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€95,038
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€39,686 View
- Risk: 3 loss-making years in a rowloss fiscal year 2025 -€14,791 View
- Positive: Result rose in 2025from -€95,038 to -€14,791 ▲ 84.4% View
- Caution: Among the weakest 12% on equitysector median €75,081 · 15,328 companies -€39,686 View
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 15-07-2026Annual accounts filed
- 30-07-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 02-04-2012
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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