The Founding Fathers
ActiveThe computed 12-month bankruptcy probability of The Founding Fathers is 3.1% (moderate). The 2025 annual accounts show negative equity (€-184) and a net result of €6k. Equity is growing by ~77.3% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
16
/ 100
Critical▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency33=
Growth78=
Stability94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.03 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.1%
Return on assets
2.4%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
31 d late
2023
30 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-184▲ 97.1%
2024 · €-6k
2023: €-10k
2024: €-6k
2023 → 2025
Total assets
€258k▼ 1.8%
2024 · €263k
2023: €269k
2024: €263k
2023 → 2025
Net result
€6k▲ 69.2%
2024 · €4k
2023: €-38k
2024: €4k
2023 → 2025
Working capital
€-43k▼ 5.7%
2024 · €-41k
2023: €-39k
2024: €-41k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-10k-€-6k▲ 36.5%€-184▲ 97.1%
Operating result€-27k-€11k€13k▲ 20.8%
Net result€-38k-€4k€6k▲ 69.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 21% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €258k
Fixed assets
€257k▼ 1.7%
Current assets
€1k▼ 24.8%
Key figures and ratios
EBITDA
€20k▲
2024 · €18k
Cash flow
€14k▲
2024 · €11k
Solvency
-0.1%▲
2024 · -2.4%
Current ratio
0.02▼
2024 · 0.03
Quick ratio
0.02▼
2024 · 0.03
ROA
2.4%▲
2024 · 1.4%
Interest coverage
3.07▲
2024 · 2.55
Debt
€259k▼
2024 · €270k
Debt ≤ 1 year
€44k▲
2024 · €42k
Debt > 1 year
€214k▼
2024 · €227k
Equity ratios withheld: equity of €-184 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€263k€258k▼
Fixed assets21/28€262k€257k▼
Tangible fixed assets22/27€262k€257k▼
Land and buildings22€262k€257k▼
Current assets29/58€1k€1k▼
Amounts receivable within one year40/41€71€700▲
Other amounts receivable41€71€700▲
Cash at bank and in hand54/58€1k€409▼
Equity and liabilities
Total equity and liabilities10/49€263k€258k▼
Equity10/15€-6k€-184▲
Contributions10/11€28k€28k=
Profit (loss) carried forward14€-34k€-28k▲
Amounts payable17/49€270k€259k▼
Amounts payable after more than one year17€227k€214k▼
Financial debts170/4€227k€214k▼
Amounts payable within one year42/48€42k€44k▲
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Other amounts payable47/48€27k€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€20k€23k▲
Operating profit (loss)9901€11k€13k▲
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€4k€6k▲
Profit (loss) for the period9904€4k€6k▲
Profit (loss) for the period to be appropriated9905€4k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-28k▲
Profit (loss) brought forward from the previous period14P€-38k€-34k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €6k ▲69.2%
Operating result €13k, net result €6k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pastoor Verwilghenplein(HSD) 69120 Beveren-Kruibeke-ZwijndrechtGround area
529 m²
Building footprint
206 m²
Volume, LiDAR
1,788 m³
Parcel 46009C0361/00E000, Flanders · tallest building 15.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
The Founding Fathers
since 20222.331.553.663
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46009C0361/00E000 | Flanders | 529 m² | 1 · 206 m² | 15.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.