Future Foundations
ActiveFuture Foundations has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.19M and a net result of €310k. Equity is shrinking by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 289 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+4
Solvency100=
Growth72▲+5
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 6.37 against 6.39 in 2023; short-term debt: 15.7% of total assets), and 15.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.1%
Return on assets
5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
28 d early
2022
20 d early
2021
32 d early
2020
30 d late
2019
4 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€2.62M▲ 83.1%
2023 · €1.43M
2021: €1.07M
2022: €1.87M
2023: €1.43M
2021 → 2024
EBIT margin
-6.9%▲ 25.0pp
2023 · -31.9%
2021: -7.7%
2022: -2.9%
2023: -31.9%
2021 → 2024
Net result
€310k
2023 · €-40k
2018: €-527k
2019: €-570k
2020: €-1.37M
2021: €199k
2022: €239k
2023: €-40k
2018 → 2024
Working capital
€5.20M▲ 28.8%
2023 · €4.04M
2018: €1.95M
2019: €1.61M
2020: €1.11M
2021: €2.15M
2022: €3.23M
2023: €4.04M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.07M€1.87M▲ 75.0%€1.43M▼ 23.4%€2.62M▲ 83.1%
Equity€5.61M-€5.53M▼ 1.5%€5.48M▼ 0.8%€5.16M▼ 5.9%€5.19M▲ 0.6%
Operating result€-1.65M-€-82k▲ 95.0%€-53k▲ 34.8%€-456k▼ 752%€-180k▲ 60.6%
Net result€-1.37M-€199k€239k▲ 20.2%€-40k€310k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €180k in 2024 against €456k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.17M
Fixed assets
€621▼ 99.9%
Current assets
€6.17M▲ 28.9%
Equity and liabilities €6.17M
Equity
€5.19M▲ 0.6%
Debt
€978k▲ 30.5%
The debt ratio rises from 12.7% to 15.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€946k▲
2023 · €669k
Cash flow
€1.44M▲
2023 · €1.09M
Solvency
84.1%▼
2023 · 87.3%
Current ratio
6.37▼
2023 · 6.39
Quick ratio
6.37▼
2023 · 6.39
Debt / equity
0.19▲
2023 · 0.15
ROE
6.0%▲
2023 · -0.8%
ROA
5.0%▲
2023 · -0.7%
Interest coverage
18292.20▲
2023 · 2470.44
Debt
€978k▲
2023 · €750k
Debt ≤ 1 year
€969k▲
2023 · €750k
Income taxes
€666▼
2023 · €1k
Staff costs
€776k▲
2023 · €651k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.91M€6.17M▲
Fixed assets21/28€1.13M€621▼
Tangible fixed assets22/27€1.13M-
Plant, machinery and equipment23€1.13M-
Financial fixed assets28-€621
Other financial fixed assets284/8-€621
Amounts receivable and cash guarantees285/8-€621
Current assets29/58€4.79M€6.17M▲
Amounts receivable within one year40/41€4.79M€6.17M▲
Trade receivables40€706k€1.80M▲
Other amounts receivable41€4.08M€4.37M▲
Equity and liabilities
Total equity and liabilities10/49€5.91M€6.17M▲
Equity10/15€5.16M€5.19M▲
Contributions10/11€8.00M€8.00M=
Capital10€8.00M€8.00M=
Issued capital100€8.00M€8.00M=
Profit (loss) carried forward14€-3.12M€-2.81M▲
Investment grants15€281k-
Amounts payable17/49€750k€978k▲
Amounts payable within one year42/48€750k€969k▲
Trade debts44€703k€905k▲
Suppliers440/4€703k€905k▲
Taxes, remuneration and social security45€46k€64k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€40k€58k▲
Accrued charges and deferred income492/3-€9k
Income statement
Code20232024
Operating income70/76A€2.28M€3.67M▲
Turnover70€1.43M€2.62M▲
Other operating income74€855k€1.05M▲
Operating charges60/66A€2.74M€3.85M▲
Goods for resale, raw materials and consumables60€875k€1.84M▲
Purchases600/8€875k€1.84M▲
Services and other goods61€88k€106k▲
Remuneration, social security and pensions62€651k€776k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.13M€1.13M=
Other operating charges640/8€1k€1k▼
Operating profit (loss)9901€-456k€-180k▲
Financial income75/76B€417k€491k▲
Recurring financial income75€417k€491k▲
Income from current assets751€136k€209k▲
Other financial income752/9€281k€281k=
Financial charges65/66B€271€330▲
Recurring financial charges65€271€330▲
Debt charges650-€52
Other financial charges652/9€271€278▲
Profit (loss) for the period before taxes9903€-39k€311k▲
Income taxes67/77€1k€666▼
Taxes670/3€1k€666▼
Profit (loss) for the period9904€-40k€310k▲
Profit (loss) for the period to be appropriated9905€-40k€310k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3.12M€-2.81M▲
Profit (loss) brought forward from the previous period14P€-3.08M€-3.12M▼
Social balance
Average headcount (FTE)90877.49.8▲
The notes to these accounts (32 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €310k
Net result €310k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 39.76
Current ratio from 10.06 to 39.76; short-term debt falls from €237k to €83k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €199k
Net result €199k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-1.37M
Net result drops to €-1.37M, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 4 days late
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-06-2025
Jan van Bergeijk: Resigned as Director
26-06-2025
Van Wassenhove Johan: Resigned as Director
15-02-2021
Dany Vandevelde: Resigned as Director
15-02-2021
NV PMV: Resigned as Director
30-10-2018
Roald Borré: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2015
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.
Industrieweg 1249032 GentGround area
3.7 ha
Building footprint
1,125 m²
Parcel 44038A0062/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Future Foundations
since 20152.327.924.180
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0062/00B000 | Flanders | 3.7 ha | 1 · 1,125 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
1 categoryFuture Foundations NV43304
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Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 265 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-12-2015
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+3292540111