ACTIVE

FoundationX

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Financial year 2025 · closed on 31/12/2025
Net result
102,7 k €
-0.5% YoY
Gross margin
143,7 k €
+2.2% YoY
Equity
573,1 k €
+21.8% YoY

What does FoundationX do?

FoundationX is a Private limited company incorporated in 2016. Its registered office is in Bonheiden.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0667.642.288
Incorporation
12/12/2016
Legal form
Private limited company
Registered office
Van Arteveldelaan 6
2820 Bonheiden · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin143,7 k €140,6 k €139,8 k €119,9 k €125,8 k €125,5 k €133,9 k €118,8 k €195,3 k €
EBITDA143,2 k €139,7 k €126,1 k €113,1 k €111,9 k €118,4 k €127,5 k €118,7 k €195,2 k €
Operating result134,8 k €138,6 k €125,4 k €112,1 k €110,6 k €117,2 k €126,4 k €118,1 k €193,8 k €
Net result102,7 k €103,3 k €90,6 k €80,8 k €79,8 k €85,4 k €88,3 k €81,4 k €127,2 k €
Balance sheet
Equity573,1 k €470,3 k €368,8 k €279,8 k €200,6 k €348,4 k €263 k €174,8 k €93,4 k €
Total assets609,8 k €501 k €387,2 k €296,4 k €218,2 k €373,8 k €304,5 k €262,1 k €224,5 k €
Cash572,9 k €144,9 k €366,8 k €283,3 k €124,1 k €288,4 k €126 k €81,4 k €117,7 k €
Debts36,7 k €30,7 k €18,5 k €16,6 k €17,6 k €25,4 k €41,5 k €87,4 k €131,1 k €
Other
Workforce–0,0 ETP0,4 ETP0,4 ETP0,4 ETP0,4 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 · 1 active · 1 ended

Active mandates

Anja Mannaert-Lehnen

Director

Active

Ended mandates

Anja Mannaert-Lehnen

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/09/202611/07/202528/06/202412/06/202308/06/202216/06/2021
General meeting30/06/202618/06/202519/06/202425/05/202327/05/202227/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202607/09/2026DutchPDF
Abridged model31/12/202418/06/202511/07/2025DutchPDF
Abridged model31/12/202319/06/202428/06/2024DutchPDF
Abridged model31/12/202225/05/202312/06/2023DutchPDF
Abridged model31/12/202127/05/202208/06/2022DutchPDF
Abridged model31/12/202027/05/202116/06/2021DutchPDF
Micro model31/12/201928/05/202029/06/2020DutchPDF
Micro model31/12/201823/05/201924/07/2019DutchPDF
Micro model31/12/201724/05/201823/07/2018DutchPDF
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 · 1 active · 1 ended

Active mandates

Anja Mannaert-Lehnen

Director

Active

Ended mandates

Anja Mannaert-Lehnen

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other14/12/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025102,7 k €↓
  2. 2024
    Annual accounts 2024103,3 k €↑
  3. 2023
    Annual accounts 202390,6 k €↑
  4. 2022
    Annual accounts 202280,8 k €↑
  5. 2021
    Annual accounts 202179,8 k €↓
  6. 2020
    Annual accounts 202085,4 k €↓
  7. 2019
    Annual accounts 201988,3 k €↑
  8. 2018
    Annual accounts 201881,4 k €↓
  9. 2017
    Annual accounts 2017127,2 k €
  10. 12/12/2016
    IncorporationPrivate limited company