Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
Financials
Financial year 2025
'T FONDUELOFT from Gent, company number BE0476341462, closed financial year 2025 with a result of € -28,288 after tax. For that financial year 'T FONDUELOFT recorded a gross margin of € -4,174 and equity of € -29,179. Compared with financial year 2024, the result moved from € 12,059 to € -28,288. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ -29,179
▼ € 28,288 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,288
▼ still € 12,059 profit in 2024
Profit after tax over the fiscal year.
€ 958
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -44,579.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 23,399
▲ 62% vs 2024
Loans from banks and other lenders, long and short.
€ 468
▲ € 421 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,384 | € 2,650 | € 3,039 | € -4,174 | ▼ € 7,213 |
| Profit after taxes | € 3,375 | € -21,934 | € 12,059 | € -28,288 | ▼ € 40,347 |
| Equity | € 8,984 | € -12,950 | € -891 | € -29,179 | ▼ € 28,288 |
| Total debts | € 41,981 | € 41,037 | € 29,416 | € 25,826 | ▼ 12% |
| Cash | € 3,906 | € 2,680 | € 2,814 | € 958 | ▼ 66% |
| Retained profit | € -6,416 | € -28,350 | € -16,291 | € -44,579 | ▼ € 28,288 |
| Bank debt | € 17,821 | € 17,821 | € 14,412 | € 23,399 | ▲ 62% |
| Balance sheet total | € 50,965 | € 28,087 | € 28,525 | € 19,148 | ▼ 33% |
Key figures of 'T FONDUELOFT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to 'T FONDUELOFT?
What happened at 'T FONDUELOFT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,288 (▼ € 40,347 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,375 profit in 2022 to € 28,288 loss in 2025.
Best year ever: 2024, with € 12,059 profit.
Management
Behind 'T FONDUELOFT is Kurt Schelstraete.
Directors
According to the 2025 annual accounts
Kurt Schelstraete
Director
Establishments
Establishment units
Physical locations of this company
Baudelostraat 29 box B
9000 Gent
Baudelostraat 29 B
9000 Gent
Active since 26 February 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.341.462
- VAT number
- BE 0476.341.462
- Registered office
- Baudelostraat 29 bus B, 9000 Gent
- Names & denominations
- 'T FONDUELOFT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2001
- Peppol
- Active · Active since 27 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening