ACTIVE

Fold

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Financial year 2024 · closed on 31/12/2024
Net result
27,6 k €
-41.9% YoY
Gross margin
57,1 k €
-55.1% YoY
Equity
52,1 k €
+112.2% YoY

What does Fold do?

Fold is a Private limited company incorporated in 2009. Its registered office is in Kortrijk.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0817.568.359
Incorporation
03/08/2009
Legal form
Private limited company
Registered office
Aalbeeksesteenweg(Kor) 80
8500 Kortrijk · FlandreSee on map
Contributed capital
17 100,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2024202320222021202020192018
Income statement
Gross margin57,1 k €127,2 k €23,5 k €65 k €-2,5 k €15,6 k €20,7 k €
EBITDA45 k €75,4 k €-7,7 k €41 k €-5,8 k €14,9 k €20,3 k €
Operating result40,8 k €48,8 k €-33,9 k €12,7 k €-10,8 k €5,2 k €12,7 k €
Net result27,6 k €47,5 k €-47,8 k €6,3 k €-11,6 k €1,5 k €7,3 k €
Balance sheet
Equity52,1 k €24,6 k €-22,9 k €24,9 k €18,6 k €30,2 k €28,7 k €
Total assets157,3 k €138,9 k €113,2 k €124,6 k €104,9 k €66,2 k €61 k €
Cash4,3 k €594,4 €3,9 k €–2,2 k €15,7 k €31,9 k €
Debts93,9 k €97,9 k €135,8 k €97,2 k €84,4 k €34,1 k €32,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

TIMUR KHAN

Mandate

Active

Ended mandates

David RADEMAKER

Mandate

Ended
Leopold DEKEYSER

Mandate

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/11/202530/09/202407/07/202427/07/202226/07/202209/12/2020
General meeting31/10/202504/09/202406/07/202427/06/202206/06/202120/11/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202431/10/202519/11/2025DutchPDF
Micro model31/12/202304/09/202430/09/2024DutchPDF
Micro model31/12/202206/07/202407/07/2024DutchPDF
Micro model31/12/202127/06/202227/07/2022DutchPDF
Micro modelCorrection31/12/202006/06/202126/07/2022DutchPDF
Micro model31/12/202006/06/202131/12/2021DutchPDF
Micro model31/12/201920/11/202009/12/2020DutchPDF
Micro model31/12/201802/10/201902/11/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2024 · 1 active · 2 ended

Active mandates

TIMUR KHAN

Mandate

Active

Ended mandates

David RADEMAKER

Mandate

Ended
Leopold DEKEYSER

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other21/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/08/2018
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates07/03/2018
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/05/2016
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office05/02/2014
    BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Mandates31/12/2010
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    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. 2024
    Annual accounts 202427,6 k €↓
  2. 2023
    Annual accounts 202347,5 k €↑
  3. 2022
    Annual accounts 2022-47,8 k €↓
  4. 2021
    Annual accounts 20216,3 k €↑
  5. 2020
    Annual accounts 2020-11,6 k €↓
  6. 2019
    Annual accounts 20191,5 k €↓
  7. 2018
    Annual accounts 20187,3 k €
  8. 03/08/2009
    IncorporationPrivate limited company