Equity
€1,666 from €121,785 in 2022
Equity fell by 99% in 3 years.
TekFoundry
Overview
Lifetime
6 annual accounts with figures on one time axispeak €79,629 (2020)
€54,613▲ 29.4%
lowest -€13,426 (2023)
€37,026▲ 28.0%
peak €121,785 (2022)
€1,666▼ 91.5%
€71,622▲ 61.3%
Board1 name since 2019
1 director
Documentsfilings and deeds
28-04-202694 days before the deadline
2025micro format
Gross margin from €42,202 to €54,613Result from €28,925 to €37,026Dividend €55,000Equity from €19,640 to €1,666Debts from €44,399 to €71,622Cash from €33,756 to €13,509
Key points
from the 2025 annual accountsTurnover
≈ €410,000 estimated
The micro format states no turnover.
Debts
€71,622 98% of the balance sheet
Financial debts 1%Suppliers 1%Taxes and wages 12%Other 86%
Filings
6 annual accounts 2 late
The 2024 accounts came latest: 28 days after the end of the period.
Starting capital
€1,000 100 shares
Position in the sector
€37,026
Higher net result than 84% of companies in retail trade. Sector median €4,763 · 25,208 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,154 companies had the same profile as TekFoundry has now. Each dot stands for 6 companies, two years later.
95.9%
were still trading
2.3%
stopped another way
1.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 2,154 companies, not a prediction for TekFoundry. 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 check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0726606907
Registered office moved within Ghent
New registered office: Noendries 37, 9000 Gent · Previous registered office: Jan-Baptist Boterdaelestraat 3 bus 2, 9000 Gent · General meeting of 28-09-2021 · Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founder: · Appointment: (statutory director) · published on 13-05-2019 · Gazette deed
First establishment
Noendries 37, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TekFoundry Ghent | €73,288 | €54,613 | 2.3% | - |
| B2J CONSULTING Courcelles | €63,822 | €66,386 | 9.6% | - |
| MOBILE DOCTOR Antwerp | €59,157 | €47,247 | 68.3% | - |
| Random Label Eeklo | €66,814 | €49,292 | 45.1% | - |
| CLOUD PRODUCTS AND CONSULTING Haaltert | €73,388 | €64,817 | 87.2% | - |
| Technocom Ral Antwerp | €65,712 | €68,116 | 61.2% | - |
| Thyria Haacht | €57,494 | €44,401 | 17.8% | - |
These companies have the same main activity as TekFoundry: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €57,500 and €73,400, founded between 2017 and 2021.
Official details
Source: KBO- Status
- Active since 09-05-2019Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400and 4 others
- Establishment unit
- 2.288.936.4179000 Ghent, since 09-05-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 06-03-2025
Annual accounts 2025
- €54,613▲ 29.4%
- €37,026▲ 28.0%
- €1,666▼ 91.5%
- €73,288▲ 14.4%
- Filing
- Filed on 28-04-2026, 94 days before the end of the filing period
Insights on TekFoundry
TekFoundry files the micro format. That format states no turnover. The gross margin fell from €79,629 in 2020 to €54,613 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-04-2026, 94 days before the deadline€54,613
▲ 29.4%
€50,963
▲ 49.6%
€37,026
▲ 28.0%
-€659
▼ €14,789
2.3%
▼ 28.4 percentage points
0.99
▼ 0.33
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €410,000. Estimated: probably between €230,000 and €680,000.
Balance sheet
balance sheet total €73,288 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
2.3%
Higher than 24% of 25,237 companies in 2025.
0.99
Higher than 31% of 24,245 companies in 2025.
50.5%
Higher than 95% of 24,434 companies in 2025.
TekFoundry
Middle half of the sector
80% of the sector
Micro accounts in retail trade (NACE 47)
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
73,288 | 64,039 | 118,867 | 141,110 | 120,592 | 103,796 | |
21/28 |
2,325 | 5,511 | 10,016 | 21,271 | 30,121 | 39,314 | |
22/27 |
2,325 | 5,401 | 9,906 | 21,161 | 30,011 | 39,204 | |
23 |
43 | 761 | 1,478 | 0 | 135 | 781 | |
24 |
1,684 | 3,709 | 3,051 | 4,248 | 3,356 | 701 | |
25 |
- | 0 | 4,113 | 15,316 | 26,520 | - | |
26 |
598 | 931 | 1,264 | 1,596 | - | - | |
28 |
0 | 110 | 110 | 110 | 110 | 110 | |
29/58 |
70,963 | 58,529 | 108,851 | 119,840 | 90,472 | 64,482 | |
29 |
- | 0 | 69,630 | 52,713 | 51,298 | - | |
290 |
- | 0 | 69,630 | 52,713 | 51,298 | - | |
40/41 |
56,516 | 24,199 | 7,501 | 10,476 | 11,672 | 12,245 | |
40 |
51,165 | 14,520 | 4,520 | 9,983 | 11,500 | 12,245 | |
41 |
5,351 | 9,679 | 2,981 | 494 | 172 | - | |
50/53 |
- | - | 0 | 33,000 | 12,011 | 2,250 | |
54/58 |
13,509 | 33,756 | 30,569 | 23,129 | 15,490 | 48,843 | |
490/1 |
938 | 574 | 1,151 | 521 | 0 | 1,144 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
73,288 | 64,039 | 118,867 | 141,110 | 120,592 | 103,796 | |
10/15 |
1,666 | 19,640 | 26,009 | 121,785 | 85,195 | 43,912 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
14 |
666 | 18,640 | 25,009 | 120,785 | 84,195 | 42,912 | |
17/49 |
71,622 | 44,399 | 92,858 | 19,325 | 35,398 | 59,884 | |
17 |
- | - | 0 | 6,770 | 16,131 | 25,267 | |
170/4 |
- | - | 0 | 6,770 | 16,131 | 25,267 | |
42/48 |
71,622 | 44,399 | 92,858 | 12,555 | 19,266 | 34,618 | |
42 |
- | 0 | 6,770 | 9,362 | 9,135 | 8,914 | |
43 |
657 | 1,284 | - | 0 | 47 | 723 | |
430/8 |
657 | 1,284 | - | 0 | 47 | 723 | |
44 |
435 | 525 | 877 | 842 | 1,079 | 33 | |
440/4 |
435 | 525 | 877 | 842 | 1,079 | 33 | |
45 |
8,641 | 7,296 | 2,131 | 0 | 6,091 | 8,203 | |
450/3 |
8,641 | 7,296 | 2,131 | 0 | 6,091 | 8,203 | |
47/48 |
61,889 | 35,294 | 83,081 | 2,351 | 2,914 | 16,744 | |
| Income statement | |||||||
76A |
- | 0 | 957 | - | - | - | |
9900 |
54,613 | 42,202 | 1,194 | 59,857 | 65,865 | 79,629 | |
630 |
3,076 | 7,600 | 14,491 | 13,003 | 12,822 | 21,516 | |
640/8 |
574 | 528 | 516 | 469 | 468 | 748 | |
9901 |
50,963 | 34,074 | -13,813 | 46,385 | 52,575 | 57,365 | |
75/76B |
0 | 0 | 1,916 | 1,415 | 1,311 | - | |
75 |
0 | 0 | 1,916 | 1,415 | 1,311 | - | |
65/66B |
232 | 431 | 1,385 | 824 | 1,008 | 1,682 | |
65 |
232 | 431 | 1,385 | 824 | 1,008 | 1,682 | |
9903 |
50,732 | 33,643 | -13,282 | 46,976 | 52,879 | 55,683 | |
67/77 |
13,706 | 4,717 | 145 | 9,586 | 10,796 | 11,971 | |
9904 |
37,026 | 28,925 | -13,426 | 37,391 | 42,083 | 43,712 | |
9905 |
37,026 | 28,925 | -13,426 | 37,391 | 42,083 | 43,712 | |
| Appropriation of the result | |||||||
9906 |
55,666 | 53,934 | 107,359 | 121,585 | 84,995 | 43,712 | |
14P |
18,640 | 25,009 | 120,785 | 84,195 | 42,912 | - | |
694/7 |
55,000 | 35,294 | 82,350 | 800 | 800 | 800 | |
694 |
55,000 | 35,294 | 82,350 | 800 | 800 | 800 | |
| Document | |||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 28-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-04-2026 | 2026-00090038 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00418848 | |
| 31-12-2023 | micro format | 24-06-2024 | 2024-00153107 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00155106 | |
| 31-12-2021 | micro format | 17-06-2022 | 2022-20069433 | |
| 31-12-2020 | micro format | 11-08-2021 | 2021-48400004 |
Subsidies and aid
Flemish government 2025, 1 entry, €1,644 awarded, €1,644 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 54,039 | 41,674 | 678 | 59,388 | 65,397 | 78,881 | ||
| 40,101 | 36,525 | 1,064 | 50,393 | 54,904 | 65,228 | ||
| 0 | 3,095 | 3,236 | 4,153 | 3,628 | 60,830 | ||
| -20,247 | 3,187 | 7,440 | 7,639 | -33,353 | - | ||
| -659 | 14,130 | 15,993 | 107,284 | 71,205 | 29,864 | ||
| 2.3% | 30.7% | 21.9% | 86.3% | 70.6% | 42.3% | ||
| 0.99 | 1.32 | 1.17 | 9.54 | 4.70 | 1.86 | ||
| 42.99 | 2.26 | 3.57 | 0.16 | 0.42 | 1.36 | ||
| - | 147.3% | -51.6% | 30.7% | 49.4% | 99.5% | ||
| 50.5% | 45.2% | -11.3% | 26.5% | 34.9% | 42.1% | ||
| over 100 | 96.59 | 0.49 | 72.05 | 64.88 | - |
A ratio outside any meaningful range has been withheld (balance sheet total €73,288, equity €1,666).
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| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,095 | €3,236 | €4,153 | €3,628 |
| Financial fixed assets | €0 | - | - | - | - |
| €3,076 | €7,600 | €14,491 | €13,003 | €12,822 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on TekFoundry
The operating result for 2025 is 50% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 69.3% to 97.7%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 13-05-2019
Mandates through the years
1 name, the dashed line is todayStatutory director
Board
Mandates as a list
-
- Statutory director, from 09-05-2019 to date
Control
Founder
This company
TekFoundry
Equity €1,666
Profit €37,026 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €16.66 in 2025
- Source
- deed of 13-05-2019
Articles of association
deed of 13-05-2019 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Geheel van bevoegdheden toegekend, met mogelijkheid deel te delegeren, iedere bestuurder, alleen optredend, mag alle handelingen stellen…”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 12 June at 20:00
- 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.
- No statutory auditor
Founder
At incorporation
deed of 13-05-2019 ↗
- sole founder · 100% at incorporation
Network & group
No group
TekFoundry has no parent and no holdings in its annual accounts. is the only director. TekFoundry shares no director with another company.
Timeline
Timeline
15 events since 2019Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 94 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 28 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0726606907
2024
Back to profit net €28,925 The net result is €28,925, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 37 days before the deadline
2023
Weakest financial year net -€13,426 The net result drops to -€13,426, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 35 days before the deadline
2022
Liquidity doubles current ratio 9.54 The current ratio rises from 4.70 to 9.54. Short-term debt falls from €19,266 to €12,555.
Equity above €100,000 equity €121,785 ▲42.9% With a profit in every financial year since 2020, equity grows to €121,785.
Annual accounts 2021 filed PDFmicro format · 44 days before the deadline
2021
Liquidity more than doubled current ratio 4.70 The current ratio rises from 1.86 to 4.70. Short-term debt falls from €34,618 to €19,266.
Registered office moved within GhentNew registered office: Noendries 37, 9000 Gent · Previous registered office: Jan-Baptist Boterdaelestraat 3 bus 2, 9000 Gent · General meeting of 28-09-20212 points ▸
- General meeting, 28-09-2021
- Registered-office move, Noendries 37, 9000 Gent
Annual accounts 2020 filed PDFmicro format · 11 days late
2019
IncorporationFounding capital of €1,000, 100 shares · Founder: · Appointment: (statutory director) · published on 13-05-20195 points ▸
- Founder,
- Founding capital, €1,000, 100 shares
- Director appointment, (statutory director)
- Registered office clause, Jan-Baptist Boterdaelestraat 3/002, 9000 Gent
- Power of attorney, , mentioned twice in the deed
- The deed holds 1 more point.
First establishment Noendries 37, Ghent
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0726.606.907
- VAT number
- BE 0726.606.907
- Peppol ID
- 0208:0726606907
- Other Peppol ID
- 9925:BE0726606907
- LEI code
- 984500483B2C3ND8EE66 no longer live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-05-2019
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 12 June at 20:00deed of 13-05-2019 (in Dutch)
- Peppol
- Reachable since 06-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- TekFoundry in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Jan-Baptist Boterdaelestraat 3 bus 002, 9000 Gent”deed of 13-05-2019 (in Dutch)
Activities
NACEBEL 202547400
Retail sale of information and communication equipment main activity
62100
Computer programming
Codes under NACEBEL 2008
47410
Retail trade main activity
62010
Computer programming, consultancy and related activities
62020
IT consultancy
62090
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels; Ontwerpen en programmeren van computerprogramma's…”deed of 13-05-2019 (in Dutch)
15 activities
- Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels
- Ontwerpen en programmeren van computerprogramma's
- Gegevensverwerking, webhosting en aanverwante activiteiten
- Handel, waaronder koop en verkoop, huur en verhuur in onroerende goederen
- Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen
- Verhuur en lease van kantoormachines, inclusief computers
- Verhuur en lease van personenauto's en lichte bestelwagens (< 3,5 ton)
- Computerconsultancy-activiteiten
- Diensten en opleiding op het gebied van informatietechnologie en computer
- Productie van bioscoopfilms, televisiefilms en andere films
- Activiteiten in verband met films en video- en televisieprogramma's na de productie
- Distributie van films en video- en televisieprogramma's
- Vertoning van films
- Fotografische activiteiten
- Vervaardiging, verkoop en distributie van bereide maaltijden en schotels
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Noendries 37 registered office 9000 Ghent | 09-05-2019 | 2.288.936.417 |
Buildings and parcels at the address
- Ground area
- 116 m²
- Buildings
- 67 m²
- Volume, LiDAR
- 485 m³
- Tallest building
- 10.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44808H0462/00D003 | 116 m² | 1 · 67 m² | 10.9 m · 3 |