ACTIVE

FOUND I.T.

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Financial year 2025 · closed on 31/12/2025

Net result

99,3 k €

-54.0% YoY

Gross margin

131,6 k €

-53.0% YoY

Equity

1,8 M €

-24.9% YoY

Workforce

0,0 ETP

What does FOUND I.T. do?

FOUND I.T. is a Public limited company incorporated in 1996. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.483.852

Incorporation

17/12/1996

Legal form

Public limited company

Registered office

Noordgijzelstraat 4
9031 Gent · FlandreSee on map

Contributed capital

750 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	131,6 k €	-53.0%	280 k €	+139%	117,3 k €	+14.3%	102,6 k €	-85.5%	706,5 k €	+65.0%	428,1 k €	+30.1%	329 k €	+112%	154,9 k €	-50.5%	312,7 k €	+127%	137,7 k €	+19.4%	115,4 k €	-58.8%	279,8 k €	+27.3%	219,7 k €	+71.5%	128,1 k €	+8.9%	117,6 k €	+19.7%	98,2 k €	+31.2%	74,9 k €	-22.4%	96,5 k €
EBITDA	125,7 k €	-54.1%	274,1 k €	+145%	111,8 k €	+13.9%	98,1 k €	-86.0%	701,9 k €	+65.6%	424 k €	+30.4%	325,1 k €	+115%	150,9 k €	-51.1%	308,8 k €	+131%	133,8 k €	+20.0%	111,5 k €	-59.6%	276 k €	+34.1%	205,9 k €	+80.9%	113,8 k €	+564%	17,1 k €	-81.7%	93,4 k €	+30.7%	71,5 k €	-23.3%	93,1 k €
Operating result	88 k €	-62.8%	236,4 k €	+219%	74 k €	+22.6%	60,4 k €	-90.9%	664,2 k €	+72.0%	386,2 k €	+34.4%	287,3 k €	+154%	113,2 k €	-58.2%	271 k €	+182%	96,1 k €	+30.7%	73,5 k €	-69.0%	237,4 k €	+42.0%	167,3 k €	+95.6%	85,5 k €	+19.6%	71,5 k €	+50.8%	47,4 k €	+211%	15,3 k €	-53.5%	32,8 k €
Net result	99,3 k €	-54.0%	215,9 k €	+117%	99,3 k €	+104%	48,7 k €	-92.7%	662,9 k €	+82.4%	363,4 k €	+16.1%	313,1 k €	+77.2%	176,6 k €	-35.9%	275,7 k €	+253%	78 k €	+7.9%	72,3 k €	-69.6%	238 k €	+520%	-56,6 k €	-176%	74,2 k €	+22.7%	60,5 k €	-28.6%	84,7 k €	+1628%	4,9 k €	-90.6%	52 k €
Balance sheet
Equity	1,8 M €	-24.9%	2,4 M €	+6.2%	2,3 M €	-10.0%	2,6 M €	+1.9%	2,5 M €	+45.3%	1,7 M €	+26.7%	1,4 M €	-12.9%	1,6 M €	+11.5%	1,4 M €	+22.9%	1,1 M €	+5.9%	1,1 M €	+5.6%	1 M €	+30.5%	780,8 k €	-6.8%	837,5 k €	+9.7%	763,3 k €	+8.6%	702,8 k €	+11.0%	633,1 k €	+0.8%	628,2 k €
Total assets	2,7 M €	+1.3%	2,6 M €	-8.3%	2,9 M €	-4.1%	3 M €	-1.1%	3 M €	+24.2%	2,4 M €	+15.3%	2,1 M €	+5.8%	2 M €	-0.7%	2 M €	+0.6%	2 M €	+17.9%	1,7 M €	-3.1%	1,8 M €	+5.6%	1,7 M €	+7.0%	1,6 M €	-2.1%	1,6 M €	+16.0%	1,4 M €	-1.6%	1,4 M €	-7.0%	1,5 M €
Cash	1,1 M €	+39.1%	824,2 k €	+113%	386,6 k €	-68.9%	1,2 M €	+868%	128,3 k €	+36.6%	93,9 k €	-58.1%	224,4 k €	+69.8%	132,2 k €	-19.9%	164,9 k €	-6.1%	175,6 k €	+619%	24,4 k €	+275%	6,5 k €	-83.6%	39,6 k €	+166%	14,9 k €	-83.5%	90,3 k €	+621%	12,5 k €	-49.7%	24,9 k €	-64.4%	69,9 k €
Debts	850,3 k €	+311%	207 k €	-64.7%	587,2 k €	+29.0%	455,3 k €	-15.2%	537,2 k €	-24.5%	711,6 k €	-6.2%	758,9 k €	+71.3%	443,1 k €	-28.3%	617,9 k €	-27.6%	853,1 k €	+38.1%	617,9 k €	-15.4%	730,6 k €	-17.0%	880,6 k €	+22.4%	719,6 k €	-13.0%	827,5 k €	+24.4%	665,3 k €	-12.2%	757,4 k €	-13.0%	870,6 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–

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 · 2 active · 13 ended

Active mandates

Christiaan Raman

Managing director · until 28 décembre 2029

Active

Griet WITTOEK

Director · until 28 décembre 2029

Active

Ended mandates

Chris Raman

Managing director · since 30 juin 2016 · until 30 juin 2022

Ended

Christiaan Raman

Director · since 30 juin 2016 · until 30 juin 2022

Ended

Christiaan Raman

Managing director · since 30 juin 2016 · until 30 juin 2022

Ended

Christiaan RAMAN

Director · since 30 juin 2016

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/07/2026	28/07/2025	25/07/2024	28/07/2023	18/07/2022	07/09/2021
General meeting	09/07/2026	25/07/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/07/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	25/07/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	18/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	07/09/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	04/08/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	17/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	07/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	23/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	19/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/05/2012	29/10/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	01/05/2009	30/10/2009	Dutch	PDF
Abridged model	31/12/2007	02/05/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	30/08/2007	Dutch	PDF

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 · 2 active · 13 ended

Active mandates

Christiaan Raman

Managing director · until 28 décembre 2029

Active

Griet WITTOEK

Director · until 28 décembre 2029

Active

Ended mandates

Chris Raman

Managing director · since 30 juin 2016 · until 30 juin 2022

Ended

Christiaan Raman

Director · since 30 juin 2016 · until 30 juin 2022

Ended

Christiaan Raman

Managing director · since 30 juin 2016 · until 30 juin 2022

Ended

Christiaan RAMAN

Director · since 30 juin 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/10/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other05/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2005
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/01/2005
KAPITAAL - AANDELEN
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

2025
Annual accounts 202599,3 k €↓
2024
Annual accounts 2024215,9 k €↑
2023
Annual accounts 202399,3 k €↑
2022
Annual accounts 202248,7 k €↓
2021
Annual accounts 2021662,9 k €↑
2018
Annual accounts 2018363,4 k €↑
2017
Annual accounts 2017313,1 k €↑
2016
Annual accounts 2016176,6 k €↓
2015
Annual accounts 2015275,7 k €↑
2014
Annual accounts 201478 k €↑
2013
Annual accounts 201372,3 k €↓
2012
Annual accounts 2012238 k €↑
2011
Annual accounts 2011-56,6 k €↓
2010
Annual accounts 201074,2 k €↑
2009
Annual accounts 200960,5 k €↓
2008
Annual accounts 200884,7 k €↑
2007
Annual accounts 20074,9 k €↓
2006
Annual accounts 200652 k €
17/12/1996
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FOUND I.T.

Overview

What does FOUND I.T. do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline