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Surfing Fox

Active
Private limited companyfounded 20233 yrs activeTessenstraat 5, 3000 Leuven, BelgiumKBO/BCE: BE 0802.258.789
Summary

Surfing Fox has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73,436 and a net result of €35,490. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability73▼-27
Solvency93▲+1
Growth78
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 3.06 against 3.05 in 2023; short-term debt: 31.7% and cash: 66.1% of total assets), and 31.7% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 21-06-2026, 40 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
40 d early
2024
12 d early
2023
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 19 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

Surfing Fox was incorporated on 31 May 2023 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€73,436▲ 93.5%
2023 · €37,946
Total assets
€107,527▲ 90.6%
2023 · €56,421
Net result
€35,490▲ 1.6%
2023 · €34,946
Working capital
€70,344▲ 85.4%
2023 · €37,946
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20232024
Operating result€44,736-€72,813▲ 62.8%
Net result€34,946within the sector's middle half-€35,490within the sector's middle half▲ 1.6%
Equity€37,946within the sector's middle half-€73,436within the sector's middle half▲ 93.5%
Total assets€56,421below the sector's middle half-€107,527within the sector's middle half▲ 90.6%
Debt€18,475-€34,091▲ 84.5%
Working capital€37,946within the sector's middle half-€70,344within the sector's middle half▲ 85.4%
Solvency67.3%within the sector's middle half-68.3%within the sector's middle half▲ 1.0pp
Current ratio3.05within the sector's middle half-3.06within the sector's middle half▲ 0.01
Return on assets (ROA)61.9%above the sector's middle half-33.0%above the sector's middle half▼ 28.9pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2023: €44,736€44,736Net result 2023: €34,946€34,946Operating result 2024: €72,813€72,813Net result 2024: €35,490€35,49020232024€0€20,000€40,000€60,000€80,000Operating result 2023: €44,736€44,700Net result 2023: €34,946€34,900Operating result 2024: €72,813€72,800Net result 2024: €35,490€35,50020232024
The operating result rises in 2024; 2024 is 63% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107,527
Fixed assets €3,092
Current assets €104,435
Equity and liabilities €107,527
Equity €73,436 ▲ 93.5%
Debt €34,091 ▲ 84.5%
Debt's share of the balance-sheet total falls from 32.7% to 31.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€74,154
Cash flow
€36,832
Debt to equity
0.46▼
2023 · 0.49
ROE
48.3%▼
2023 · 92.1%
Interest coverage
2.71
Debt ≤ 1 year
€34,091▲
2023 · €18,475
Income taxes
€9,950▲
2023 · €9,401
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€56,421€107,527▲
Fixed assets21/28-€3,092
Tangible fixed assets22/27-€3,092
Furniture and vehicles24-€3,092
Current assets29/58€56,421€104,435▲
Amounts receivable within one year40/41€32,871€30,089▼
Trade receivables40€32,752€28,314▼
Other amounts receivable41€119€1,775▲
Cash at bank and in hand54/58€20,210€71,125▲
Deferred charges and accrued income490/1€3,340€3,221▼
Equity and liabilities
Total equity and liabilities10/49€56,421€107,527▲
Equity10/15€37,946€73,436▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€34,946€70,436▲
Amounts payable17/49€18,475€34,091▲
Amounts payable within one year42/48€18,475€34,091▲
Trade debts44€1,836€4,225▲
Suppliers440/4€1,836€4,225▲
Taxes, remuneration and social security45€14,344€29,866▲
Taxes450/3€14,344€29,866▲
Other amounts payable47/48€2,295€0▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,341
Other operating charges640/8€468€308▼
Gross operating margin9900€45,205€74,463▲
Operating profit (loss)9901€44,736€72,813▲
Financial income75/76B€15€10▼
Recurring financial income75€15€10▼
Financial charges65/66B€404€27,382▲
Recurring financial charges65€404€27,382▲
Profit (loss) for the period before taxes9903€44,347€45,440▲
Income taxes67/77€9,401€9,950▲
Profit (loss) for the period9904€34,946€35,490▲
Profit (loss) for the period to be appropriated9905€34,946€35,490▲
Appropriation of the result
Profit (loss) to be appropriated9906€34,946€70,436▲
Profit (loss) brought forward from the previous period14P-€34,946

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,341-
Other operating charges640/8€468€308▼ 34.2%
Gross operating margin9900€45,205€74,463▲ 64.7%
Operating profit (loss)9901€44,736€72,813▲ 62.8%
Financial income75/76B€15€10▼ 33.3%
Recurring financial income75€15€10▼ 33.3%
Financial charges65/66B€404€27,382▲ 6,674%
Recurring financial charges65€404€27,382▲ 6,674%
Profit (loss) for the period before taxes9903€44,347€45,440▲ 2.5%
Income taxes67/77€9,401€9,950▲ 5.8%
Profit (loss) for the period9904€34,946€35,490▲ 1.6%
Profit (loss) for the period to be appropriated9905€34,946€35,490▲ 1.6%
Line20232024Change
Assets
Total assets20/58€56,421€107,527▲ 90.6%
Fixed assets21/28-€3,092-
Tangible fixed assets22/27-€3,092-
Furniture and vehicles24-€3,092-
Current assets29/58€56,421€104,435▲ 85.1%
Amounts receivable within one year40/41€32,871€30,089▼ 8.5%
Trade receivables40€32,752€28,314▼ 13.6%
Other amounts receivable41€119€1,775▲ 1,396%
Cash at bank and in hand54/58€20,210€71,125▲ 252%
Deferred charges and accrued income490/1€3,340€3,221▼ 3.5%
Equity and liabilities
Total equity and liabilities10/49€56,421€107,527▲ 90.6%
Equity10/15€37,946€73,436▲ 93.5%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€34,946€70,436▲ 102%
Amounts payable17/49€18,475€34,091▲ 84.5%
Amounts payable within one year42/48€18,475€34,091▲ 84.5%
Trade debts44€1,836€4,225▲ 130%
Suppliers440/4€1,836€4,225▲ 130%
Taxes, remuneration and social security45€14,344€29,866▲ 108%
Taxes450/3€14,344€29,866▲ 108%
Other amounts payable47/48€2,295€0▼ 100%
Line20232024Change
Profit (loss) for the period9904€34,946€35,490▲ 1.6%
+ Depreciation and write-downs630-€1,341-
Operating cash flow (approximation)€34,946€36,832▲ 5.4%
Change in cash-€50,915-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
19-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
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, Leuven · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
3,182 m²
Building footprint
471 m²
Volume, LiDAR
9,217 m³
Parcel 24505F0959/00E000, Flanders · tallest building 23.1 m, ±7 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
Surfing Fox
Tessenstraat 5, 3000 LeuvenComputer programming, consultancy and related activities
since 20232.345.847.505
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24505F0959/00E000 Flanders 3,182 m² 1 · 471 m² 23.1 m · 7 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.

Recognitions · licences · registrations

Legal Entity Identifier

984500A1B0E1UD9F6D95
live in the LEI register

Similar companies · same sector, comparable size

Of 82,641 companies in sector 70200 we hold annual accounts for 52,623. 39,854 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
Founded31-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802258789
Also 9925:BE0802258789
Registered 28-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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