F.O.A. MANAGEMENT
ActiveSummary
F.O.A. MANAGEMENT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-16k) and a net result of €-43k. Equity is shrinking by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 6% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-46
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3 against 1.09 in 2024; short-term debt: 170.4% and cash: 39.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-70.4%
Return on assets
-185.8%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-16k
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 26-05-2026, 66 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
66 d early
2024
45 d early
2023
69 d early
2022
19 d early
2021
23 d early
2020
9 d late
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-16k
2024 · €26k
2018: €64k
2019: €31k
2020: €31k
2021: €30k
2022: €60k
2023: €26k
2024: €26k
2018 → 2025
Total assets
€23k▼ 82.1%
2024 · €128k
2018: €171k
2019: €172k
2020: €472k
2021: €95k
2022: €336k
2023: €69k
2024: €128k
2018 → 2025
Net result
€-43k
2024 · €34k
2018: €30k
2019: €67k
2020: €361k
2021: €42k
2022: €280k
2023: €-34k
2024: €34k
2018 → 2025
Working capital
€-27k
2024 · €9k
2018: €63k
2019: €29k
2020: €30k
2021: €29k
2022: €59k
2023: €26k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€60k▲ 97.1%€26k▼ 56.5%€26k▲ 1.2%€-16k
Operating result€55k-€370k▲ 570%€-33k€38k€-41k
Net result€42k-€280k▲ 564%€-34k€34k€-43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €41k after €38k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€11k ▼ 34.7%
Current assets
€12k ▼ 89.4%
Key figures and ratios
EBITDA
€-36k▼
2024 · €39k
Cash flow
€-37k▼
2024 · €35k
Solvency
-70.4%▼
2024 · 20.6%
Current ratio
0.30▼
2024 · 1.09
Debt to equity
-2.42▼
2024 · 3.85
ROA
-185.8%▼
2024 · 26.8%
Interest coverage
-57.52▼
2024 · 91.82
Debt
€39k▼
2024 · €102k
Debt ≤ 1 year
€39k▼
2024 · €102k
Income taxes
€464▼
2024 · €3k
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 · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€128k€23k▼
Fixed assets21/28€17k€11k▼
Tangible fixed assets22/27€17k€11k▼
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€363€363=
Current assets29/58€111k€12k▼
Amounts receivable within one year40/41€52k€2k▼
Trade receivables40€44k-
Other amounts receivable41€8k€2k▼
Cash at bank and in hand54/58€59k€9k▼
Deferred charges and accrued income490/1€686€703▲
Equity and liabilities
Total equity and liabilities10/49€128k€23k▼
Equity10/15€26k€-16k▼
Contributions10/11€19k€19k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€314€-42k▼
Amounts payable17/49€102k€39k▼
Amounts payable within one year42/48€102k€39k▼
Trade debts44€26k€4k▼
Suppliers440/4€26k€4k▼
Taxes, remuneration and social security45€7k€500▼
Taxes450/3€7k€500▼
Other amounts payable47/48€68k€34k▼
Accrued charges and deferred income492/3€13-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€6k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€41k€-34k▼
Operating profit (loss)9901€38k€-41k▼
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€424€618▲
Recurring financial charges65€424€618▲
Profit (loss) for the period before taxes9903€37k€-42k▼
Income taxes67/77€3k€464▼
Profit (loss) for the period9904€34k€-43k▼
Profit (loss) for the period to be appropriated9905€34k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€-42k▼
Profit (loss) brought forward from the previous period14P-€314
Profit to be distributed694/7€34k-
Return on contributions (dividend)694€34k-
The notes to these accounts (5 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
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-10
State Gazette act
Board meeting · Power of attorney
General meeting · Director resignation
26-09
State Gazette act
Board meeting · Power of attorney
General meeting · Director resignation
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-12
State Gazette act
General meeting · Statutes amendment
Purpose change · Capital
13-09
State Gazette act
Board meeting · General meeting
Power of attorney
26-08
State Gazette act
Board meeting · General meeting
Power of attorney
Show earlier events
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Highest result since 2018net €361k ▲439%
Operating result €478k, net result €361k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
17-09
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
17-09
State Gazette act
Board meeting · Director appointment
Permanent representative · Mandate compensation
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
20-02
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
10-01
State Gazette act
Board meeting · Power of attorney
Director resignation · Director appointment
05-01
State Gazette act
Board meeting · Power of attorney
Director resignation · Director appointment
03-01
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Sint-Pieters-Woluwe · 1 establishment unit since 2017
Ground area
333 m²
Building footprint
93 m²
Volume, LiDAR
760 m³
Parcel 21683D0358/00R058, Brussels · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
F.O.A. Management
since 20172.266.195.459
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0358/00R058 | Brussels | 333 m² | 1 · 93 m² | 11.8 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.
Structure & network
Connections & network
6 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Show 2 more companies with a shared director
Shared director
→
Shared director
→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
Similar companies · same sector, comparable size
Woningbouw Eeckloo
BE 0845.146.647
Diksmuide · Eq €26,366
HESA CONSTRUCT
BE 1006.689.952
Mol · Eq €26,365
AG-TOP
BE 0808.723.444
Ukkel · Eq €26,429
RESTIAU
BE 0865.963.243
Brasschaat · Eq €26,357
Key Builder
BE 0646.808.074
Brugge · Eq €26,354
Of 9,693 companies in sector 68121 we hold annual accounts for 7,382. 4,382 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
47530Retail trade
68122Development of non-residential building projects
68322Real estate appraisal on a fee or contract basis
70200Business and other management consultancy
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.