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The Future Alliance

Active
Public limited companyfounded 1993active for 33 yearsTerlindenhofstraat 36, 2170 Antwerpen, Belgium16 active companies are registered at this addressKBO/BCE: BE 0450.710.302
Summary

The computed 12-month bankruptcy probability of The Future Alliance is 2.7% (moderate). The 2025 annual accounts show negative equity (-€344,761) and a net result of -€112,938. Equity is shrinking by about 35% per year across the filed financial years. Its solvency ranks better than 5% of 309 sector peers (NACE 78, financial year 2025). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Employment placement agencies
NACE 78100
4 sites
Size
€200,965total assets 2025
Staff
5.8 FTE
Equity
-€344,761
Loss
-€112,938
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.7%
Structure
Parent
ReCrewtment · 80%
Accounts 14 days early2 of 18 deeds read
Why 49raises riskNegative equity -€344,761Loss of €112,938, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 1.14, cash €51,904Founded in 1993Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 78, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -171.6% of total assets
Liquidity 39-3
short-term debt 79.2% · cash 25.8%
Profitability 0=
return on assets -56.2%
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,372 companies, NACE 78, micro)
Last 24 months 11-2024: 4.0% 12-2024: 4.0%● unchanged vs 11-2024 01-2025: 4.0%● unchanged vs 12-2024 02-2025: 4.0%● unchanged vs 01-2025 03-2025: 3.9%▼ -0.1 percentage points vs 02-2025 04-2025: 4.0%▲ +0.1 percentage points vs 03-2025 05-2025: 3.2%▼ -0.8 percentage points vs 04-2025 06-2025: 3.0%▼ -0.2 percentage points vs 05-2025 07-2025: 2.9%▼ -0.1 percentage points vs 06-2025 08-2025: 4.0%▲ +1.1 percentage points vs 07-2025highest value 09-2025: 4.0%● unchanged vs 08-2025highest value 10-2025: 4.0%● unchanged vs 09-2025highest value 11-2025: 4.0%● unchanged vs 10-2025highest value 12-2025: 3.8%▼ -0.2 percentage points vs 11-2025 01-2026: 3.8%● unchanged vs 12-2025 02-2026: 3.7%▼ -0.1 percentage points vs 01-2026 03-2026: 3.6%▼ -0.1 percentage points vs 02-2026 04-2026: 3.6%● unchanged vs 03-2026 05-2026: 3.6%● unchanged vs 04-2026 06-2026: 3.4%▼ -0.2 percentage points vs 05-2026 07-2026: 3.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.7%▼ -0.8 percentage points vs 07-2026lowest value 09-2026: 2.7%● unchanged vs 08-2026 10-2026: 2.7%● unchanged vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.14, compared with 1.51 in 2024, below the usual 1.5; short-term debt: 79.2% and cash: 25.8% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 78, micro): better than 5% on solvency, 25% on liquidity, 8% on profitability and 16% on growth.

The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€344,761
NBB · annual accounts
raises risk · Loss of €112,938, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.14, cash €51,904
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€344,761
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
29 days early
2023
23 days early
2022
26 days early
2021
12 days early
2020
11 days early
2019
16 days early
← 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 19 days before the deadline; the sector median (NACE 78) for financial year 2024 is 14 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Reappointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Maarten Lindemans
  3. Resignation: Meirlaen BV (managing director)Permanent representative: Meirlaen Patrick ·…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€344,761 View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€112,938 View
  • Caution: Among the weakest 5% on solvencysector median 33.1% · 309 companies -171.6% View
  • Caution: Equity fell in 2025from -€231,823 to -€344,761 ▼ 48.7% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by ReCrewtmentknown shareholders 100% 80% View

By topic

Financials

Financial year
2025
Total assets
€200,965
Loss
-€112,938
Solvency
-171.6%
Go to Financials

Timeline

Events
37
Since
1995
Next accounts
by 31-07-2027
  1. 02-07-2025Annual accounts filed
  2. 08-07-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
4
Legal form
Public limited company
Activity
Employment placement agenciesNACE 78100
Founded
27-08-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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