ACTIVE

Foundry

Financial year 2025 · closed on 31/12/2025
Net result
0 €
Gross margin
775,2 k €
+5.2% YoY
Equity
9,5 M €
-3.4% YoY

What does Foundry do?

Foundry is a Non-profit organization incorporated in 1994. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.788.260
Incorporation
19/12/1994
Legal form
Non-profit organization
Registered office
Avenue des Pagodes 1-3
1020 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Signals
Solid equityLow riskPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin775,2 k €736,8 k €412,6 k €223,7 k €
EBITDA690,6 k €686,9 k €357,9 k €156,7 k €
Operating result156,2 k €155,9 k €135,1 k €83,2 k €
Net result0 €0 €0 €0 €
Balance sheet
Equity9,5 M €9,8 M €10,1 M €3,2 M €
Total assets10,4 M €11,2 M €11,5 M €4,9 M €
Cash34,2 k €97,5 k €84,9 k €49,5 k €
Debts842,7 k €1,3 M €1,4 M €1,7 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 1 ended

Active mandates

Lahoucine Ourhribel

Director · since 31 décembre 2022

Active
Lieve De Preter

Chairman of the board of directors · since 31 décembre 2022

Active
Tom Vrijens

Director · since 31 décembre 2022

Active
Carine Hiroux

Director · since 25 juin 2018

Active
Isabelle Michel

Director · since 25 juin 2018

Active
Vinciane Mortier

Director · since 25 juin 2018

Active
Luc Claes

Director · since 01 janvier 2012

Active

Ended mandates

Lieve De Preter

Director · since 25 juin 2018 · until 31 décembre 2022

Ended
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months12 months
Filing date01/07/202624/06/202526/06/202418/07/2023
General meeting29/06/202623/06/202526/06/202426/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202601/07/2026DutchPDF
Abridged model31/12/202423/06/202524/06/2025DutchPDF
Abridged model31/12/202326/06/202426/06/2024DutchPDF
Abridged model31/12/202226/06/202318/07/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 1 ended

Active mandates

Lahoucine Ourhribel

Director · since 31 décembre 2022

Active
Lieve De Preter

Chairman of the board of directors · since 31 décembre 2022

Active
Tom Vrijens

Director · since 31 décembre 2022

Active
Carine Hiroux

Director · since 25 juin 2018

Active
Isabelle Michel

Director · since 25 juin 2018

Active
Vinciane Mortier

Director · since 25 juin 2018

Active
Luc Claes

Director · since 01 janvier 2012

Active

Ended mandates

Lieve De Preter

Director · since 25 juin 2018 · until 31 décembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office04/04/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring19/04/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other13/04/2021
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates05/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/11/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2010
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2007
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20250 €
  2. 2024
    Annual accounts 20240 €
  3. 2023
    Annual accounts 20230 €
  4. 2022
    Annual accounts 20220 €
  5. 19/12/1994
    IncorporationNon-profit organization