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 1 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
54 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FONDSI from Brussel, company number BE1003634947, closed financial year 2025 with a result of € -314,058 after tax. For that financial year FONDSI recorded a gross margin of € -160,768 and equity of € -159,494. Compared with financial year 2024, the result moved from € -45,435 to € -314,058. 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 July 13, 2026.
€ -159,494
▼ € 314,058 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -314,058
▼ 591 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,741
▲ 247% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -359,494.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 70
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 859,474
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 7,010 | € -160,768 | ▼ € 167,778 |
| Profit after taxes | € -45,435 | € -314,058 | ▼ € 268,623 |
| Equity | € 154,565 | € -159,494 | ▼ € 314,058 |
| Total debts | € 583,260 | € 867,407 | ▲ 49% |
| Cash | € 501 | € 1,741 | ▲ 247% |
| Retained profit | € -45,435 | € -359,494 | ▼ € 314,058 |
| Balance sheet total | € 737,825 | € 707,913 | ▼ 4% |
Key figures of FONDSI, fiscal years 2024 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 FONDSI?
What happened at FONDSI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xavier VINCENT stepped down as director. NBB
- Alexandre Carl VELLEUER stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 314,058. Source: NBB ↗
- New establishment in Ukkel. KBO
- Xavier VINCENT became a director. NBB
- Alexandre Carl VELLEUER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 45,435 loss in 2024 to € 314,058 loss in 2025.
Management
The stake of VO GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FONDSIThe shares are held by VO GROUP (100%).
Establishments
Establishment units
Physical locations of this company
Hoogstraat 139
1000 Brussel
Stallestraat 142
1180 Ukkel
Active since 20 December 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 54 companies are registered at this address.
All companies at this address →Immobilière du Champ de Mars
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€ 9.3 million revenue · 2025
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€ -995 gross margin · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1003.634.947
- VAT number
- BE 1003.634.947
- Registered office
- Hoogstraat 139, 1000 Brussel
- Names & denominations
- FONDSI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2023
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Activiteiten van holdings
Holdings