THE FOUNDERS
The computed 12-month bankruptcy probability of THE FOUNDERS is 2.8% (moderate). The 2025 annual accounts show equity of €79k and a net result of €15k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 1106 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €79k |
| Net result | €15k |
| Better than sector | 94% |
| Active | 7 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.3% | 25.6% | |
| Net result | €15k | €7k | |
| Equity | €79k | €22k | |
| Gross operating margin | €23k | €63k | |
| Total assets | €99k | €106k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €22k | €27k | €49k | €68k |
| Net profit | €15k | €18k | €33k | €62k |
| Cash flow | €16k | €20k | €35k | €64k |
| Staff costs | - | - | - | - |
| Income taxes | €6k | €7k | €13k | €4k |
| Dividends | €12k | €2k | €2k | €2k |
| Total assets | €99k | €86k | €76k | €56k |
| Equity | €79k | €76k | €60k | €28k |
| Debt | €19k | €9k | €16k | €28k |
| of which ≤ 1y | €19k | €9k | €16k | €25k |
| of which > 1y | - | - | - | €3k |
| Working capital | €75k | €71k | €57k | €29k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 4.86 | 8.61 | 4.48 | 2.19 |
| Quick ratio | 4.86 | 8.61 | 4.48 | 2.19 |
| Working capital ratio | 76.1% | 83.2% | 74.4% | 52.2% |
| Solvency | 80.3% | 89.1% | 78.6% | 50.8% |
| Debt / equity | 0.25 | 0.12 | 0.27 | 0.97 |
| Long-term debt ratio | - | - | - | 0.11 |
| Interest coverage | 44.57 | 69.12 | 98.91 | 113.09 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 14.7% | 21.0% | 43.5% | 110.2% |
| ROE | 18.3% | 23.6% | 55.4% | 217.0% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €99k | €86k | €76k | €56k |
| Fixed assets | 21/28 | €4k | €5k | €3k | €2k |
| Intangible fixed assets | 21 | - | - | - | €114 |
| Tangible fixed assets | 22/27 | €4k | €5k | €3k | €2k |
| Current assets | 29/58 | €95k | €81k | €73k | €54k |
| Amounts receivable within one year | 40/41 | €28k | €30k | €39k | €27k |
| Cash & bank | 54/58 | €67k | €51k | €34k | €26k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €99k | €86k | €76k | €56k |
| Equity | 10/15 | €79k | €76k | €60k | €28k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €61k | €58k | €41k | €10k |
| Amounts payable | 17/49 | €19k | €9k | €16k | €28k |
| Amounts payable after one year | 17 | - | - | - | €3k |
| Amounts payable within one year | 42/48 | €19k | €9k | €16k | €25k |
| Trade debts payable within one year | 44 | €641 | €230 | €993 | €2k |
| Income statement | |||||
| Gross operating margin | 9900 | €23k | €28k | €50k | €69k |
| Operating result | 9901 | €21k | €25k | €47k | €66k |
| Financial income | 75 | €212 | €101 | €5 | - |
| Financial charges | 65 | €499 | €389 | €495 | €601 |
| Result before taxes | 9903 | €20k | €25k | €47k | €65k |
| Income taxes | 67/77 | €6k | €7k | €13k | €4k |
| Net result for the period | 9904 | €15k | €18k | €33k | €62k |
| Result to be appropriated | 9905 | €15k | €18k | €33k | €62k |
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 25-10-2018 |
| Status | Active |
| Postal code | 9000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0488/00H007 | Flanders | 57 m² | 1 · 38 m² | 13.5 m · 4 fl. |
| 44021A0152/00T004 | Flanders | 40 m² | 1 · 33 m² | 11.0 m · 3 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-08-2022 Registered office moved within Gent
- Gerststraat 66, 9000 Gent → Olijfstraat 25, 9000 Gent
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": null,
"old_address": {
"raw": null,
"city": "Gent",
"region": "vlaams_gewest",
"street": null,
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
},
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": null,
"city": "Gent",
"region": "vlaams_gewest",
"street": "Olijfstraat",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "25",
"locality_suffix": null
},
"old_address": {
"raw": null,
"city": "Gent",
"region": "vlaams_gewest",
"street": "Gerststraat",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "66",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": "Ann De Paepe",
"firm_city": null,
"firm_name": "DE PAEPE, VERHOEVE \u0026 VERCRUYSSE, geassocieerde notarissen",
"office_city": "Gent",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-08-30",
"filing_date": "2022-08-26",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2022-08-23",
"unanimous": null
},
"subject_company": {
"kbo": "0712.597.335",
"name_full": "THE FOUNDERS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0862.505.390",
"org_name": "Speeckaert \u0026 Partners",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Uitgifte van proces-verbaal van buitengewone algemene vergadering dd. 23/08/2022",
"Co\u00F6rdinatie der statuten dd. 24/08/2022"
]
}| Legal nameNL | THE FOUNDERS |