FOOinc
ActiveSummary
FOOinc has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €213k and a net result of €57k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 60% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+50
Solvency96▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 3.28 against 3.27 in 2023; short-term debt: 29.4% and cash: 12.4% of total assets), and 29.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
51 d early
2022
45 d early
2021
34 d early
2020
4 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€213k▲ 36.8%
2023 · €156k
2018: €116klowest in 7 years
2019: €120k▲ +3.4% vs 2018
2020: €143k▲ +19.6% vs 2019
2021: €141k▼ -1.6% vs 2020
2022: €147k▲ +3.9% vs 2021
2023: €156k▲ +6.2% vs 2022
2024: €213k▲ +36.8% vs 2023highest in 7 years
2018 → 2024
Total assets
€302k▲ 35.1%
2023 · €223k
2018: €145klowest in 7 years
2019: €163k▲ +12.7% vs 2018
2020: €182k▲ +11.2% vs 2019
2021: €172k▼ -5.0% vs 2020
2022: €171k▼ -1.1% vs 2021
2023: €223k▲ +30.9% vs 2022
2024: €302k▲ +35.1% vs 2023highest in 7 years
2018 → 2024
Net result
€57k▲ 529%
2023 · €9k
2018: €29k
2019: €4k▼ -86.3% vs 2018
2020: €23k▲ +493% vs 2019
2021: €-2k▼ -110% vs 2020lowest in 7 years
2022: €5k▲ +342% vs 2021
2023: €9k▲ +67.4% vs 2022
2024: €57k▲ +529% vs 2023highest in 7 years
2018 → 2024
Working capital
€203k▲ 37.2%
2023 · €148k
2018: €113klowest in 7 years
2019: €122k▲ +7.7% vs 2018
2020: €135k▲ +10.9% vs 2019
2021: €139k▲ +2.5% vs 2020
2022: €143k▲ +3.1% vs 2021
2023: €148k▲ +3.3% vs 2022
2024: €203k▲ +37.2% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€143k-€141k▼ 1.6%€147k▲ 3.9%€156k▲ 6.2%€213k▲ 36.8%
2020: €143k
2021: €141k▼ -1.6% vs 2020lowest in 5 years
2022: €147k▲ +3.9% vs 2021
2023: €156k▲ +6.2% vs 2022
2024: €213k▲ +36.8% vs 2023highest in 5 years
Operating result€26k-€-2k€10k€25k▲ 136%€87k▲ 254%
2020: €26k
2021: €-2k▼ -106% vs 2020lowest in 5 years
2022: €10k▲ +758% vs 2021
2023: €25k▲ +136% vs 2022
2024: €87k▲ +254% vs 2023highest in 5 years
Net result€23k-€-2k€5k€9k▲ 67.4%€57k▲ 529%
2020: €23k
2021: €-2k▼ -110% vs 2020lowest in 5 years
2022: €5k▲ +342% vs 2021
2023: €9k▲ +67.4% vs 2022
2024: €57k▲ +529% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 254% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €302k
Fixed assets
€10k ▼ 2.0%
Current assets
€291k ▲ 36.9%
Equity and liabilities €302k
Equity
€213k ▲ 36.8%
Debt
€89k ▲ 31.0%
Debt's share of the balance-sheet total falls from 30.3% to 29.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▲
2023 · €28k
Cash flow
€61k▲
2023 · €12k
Current ratio
3.28▲
2023 · 3.27
Debt to equity
0.42▼
2023 · 0.44
ROE
26.9%▲
2023 · 5.9%
ROA
19.0%▲
2023 · 4.1%
Interest coverage
10.70▲
2023 · 2.30
Debt ≤ 1 year
€89k▲
2023 · €65k
Income taxes
€24k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€223k€302k▲
Fixed assets21/28€10k€10k▼
Tangible fixed assets22/27€10k€10k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€213k€291k▲
Amounts receivable after more than one year29€140k€250k▲
Other amounts receivable291€140k€250k▲
Stocks and contracts in progress3€20k-
Contracts in progress37€20k-
Amounts receivable within one year40/41€44k-
Trade receivables40€14k-
Other amounts receivable41€31k-
Cash at bank and in hand54/58€6k€37k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€223k€302k▲
Equity10/15€156k€213k▲
Contributions10/11€19k€19k=
Reserves13€137k€194k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€135k€193k▲
Amounts payable17/49€68k€89k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€65k€89k▲
Current portion of amounts payable after more than one year42€5k€3k▼
Trade debts44€12k€5k▼
Suppliers440/4€12k€5k▼
Taxes, remuneration and social security45€48k€51k▲
Taxes450/3€48k€51k▲
Other amounts payable47/48-€30k
Income statement
Code20232024
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€420▼
Gross operating margin9900€30k€91k▲
Operating profit (loss)9901€25k€87k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€12k€8k▼
Recurring financial charges65€12k€8k▼
Profit (loss) for the period before taxes9903€14k€81k▲
Income taxes67/77€5k€24k▲
Profit (loss) for the period9904€9k€57k▲
Profit (loss) for the period to be appropriated9905€9k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€57k▲
Transfer to equity691/2€9k€57k▲
To other reserves6921€9k€57k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | €2k | €3k | €4k | ▲ 32.5% |
| Other operating charges640/8 | - | €2k | €957 | €2k | €420 | ▼ 79.4% |
| Non-recurring operating charges66A | - | €1k | €135 | - | - | - |
| Gross operating margin9900 | €30k | €4k | €14k | €30k | €91k | ▲ 208% |
| Operating profit (loss)9901 | €26k | €-2k | €10k | €25k | €87k | ▲ 254% |
| Financial income75/76B | - | €1k | €2k | €1k | €3k | ▲ 78.4% |
| Recurring financial income75 | €10k | €1k | €2k | €1k | €3k | ▲ 78.4% |
| Financial charges65/66B | - | €2k | €2k | €12k | €8k | ▼ 29.3% |
| Recurring financial charges65 | €1k | €2k | €2k | €12k | €8k | ▼ 29.3% |
| Profit (loss) for the period before taxes9903 | €35k | €-2k | €10k | €14k | €81k | ▲ 479% |
| Income taxes67/77 | €11k | €374 | €4k | €5k | €24k | ▲ 386% |
| Profit (loss) for the period9904 | €23k | €-2k | €5k | €9k | €57k | ▲ 529% |
| Profit (loss) for the period to be appropriated9905 | €23k | €-2k | €5k | €9k | €57k | ▲ 529% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €182k | €172k | €171k | €223k | €302k | ▲ 35.1% |
| Fixed assets21/28 | €8k | €4k | €3k | €10k | €10k | ▼ 2.0% |
| Tangible fixed assets22/27 | €8k | €4k | €3k | €10k | €10k | ▼ 2.0% |
| Plant, machinery and equipment23 | - | - | €1k | €2k | €4k | ▲ 80.1% |
| Furniture and vehicles24 | - | €4k | €2k | €3k | €2k | ▼ 29.1% |
| Other tangible fixed assets26 | - | - | - | €5k | €4k | ▼ 25.0% |
| Current assets29/58 | €174k | €168k | €167k | €213k | €291k | ▲ 36.9% |
| Amounts receivable after more than one year29 | - | €140k | €140k | €140k | €250k | ▲ 78.6% |
| Other amounts receivable291 | - | €140k | €140k | €140k | €250k | ▲ 78.6% |
| Stocks and contracts in progress3 | - | - | - | €20k | - | - |
| Contracts in progress37 | - | - | - | €20k | - | - |
| Amounts receivable within one year40/41 | €142k | €24k | €991 | €44k | - | - |
| Trade receivables40 | - | €24k | €991 | €14k | - | - |
| Other amounts receivable41 | - | €127 | - | €31k | - | - |
| Cash at bank and in hand54/58 | €21k | €1k | €24k | €6k | €37k | ▲ 548% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €3k | €4k | ▲ 44.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €182k | €172k | €171k | €223k | €302k | ▲ 35.1% |
| Equity10/15 | €143k | €141k | €147k | €156k | €213k | ▲ 36.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €125k | €122k | €128k | €137k | €194k | ▲ 41.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €121k | €126k | €135k | €193k | ▲ 42.4% |
| Amounts payable17/49 | €38k | €31k | €24k | €68k | €89k | ▲ 31.0% |
| Amounts payable after more than one year17 | - | €2k | - | €3k | - | - |
| Financial debts170/4 | - | €2k | - | €3k | - | - |
| Amounts payable within one year42/48 | €38k | €29k | €24k | €65k | €89k | ▲ 36.3% |
| Current portion of amounts payable after more than one year42 | - | €5k | €2k | €5k | €3k | ▼ 47.2% |
| Trade debts44 | €2k | €2k | €2k | €12k | €5k | ▼ 55.5% |
| Suppliers440/4 | - | €2k | €2k | €12k | €5k | ▼ 55.5% |
| Taxes, remuneration and social security45 | - | €20k | €17k | €48k | €51k | ▲ 6.3% |
| Taxes450/3 | - | €20k | €17k | €48k | €51k | ▲ 6.3% |
| Other amounts payable47/48 | - | €2k | €3k | - | €30k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €-2k | €5k | €9k | €57k | ▲ 529% |
| + Depreciation and write-downs630 | €3k | €2k | €2k | €3k | €4k | ▲ 32.5% |
| Operating cash flow (approximation) | €26k | €145 | €8k | €12k | €61k | ▲ 406% |
| Investment in fixed assets (approximation) | - | €1k | €-1k | €-10k | €-4k | ▲ 62.4% |
| Change in cash | - | €-19k | €23k | €-18k | €32k | ▲ 275% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €57k ▲529%
Operating result €87k, net result €57k, both a record.
31-12
Financial
Equity above €200kEq €213k ▲36.8%
3 profitable years in a row build equity to €213k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €156k ▲6.2%
2 profitable years in a row build equity to €156k.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Kapellen · 1 establishment unit since 2010
Ground area
658 m²
Building footprint
102 m²
Volume, LiDAR
676 m³
Parcel 11362M0092/00H000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FOOInc
since 20102.193.014.305
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0092/00H000 | Flanders | 658 m² | 1 · 102 m² | 9.7 m · 2 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,523 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
Founded05-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Contact
E-mail
Eric_janssens@fooinc.beKapellen
Phone
0494539812Kapellen
Scores and ratios are computed by Checked and are not a credit decision.