Financials
- Fiscal year
- 2025
- Total assets
- €362,970
- Loss
- -€79,817
- Solvency
- -20.8%
Total assets▼ 30.8%
Net result
20182025
BC Forest
ActiveSummary
The computed 12-month bankruptcy probability of BC Forest is 3.7% (moderate). The 2025 annual accounts show negative equity (-€75,527) and a net result of -€79,817. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 334 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Logging
NACE 02200
1 site
Size
€362,970total assets 2025
- Equity
- -€75,527
- Loss
- -€79,817
Turnover not published (abridged schema)
Structure
Accounts filed 56 d late1 of 4 deeds read
Why 47- 1 change of registered office in 24 months- Loss of €79,817, the second in a row (FY 2025)- Latest accounts 56 days late; 2 of the last 3 late- Negative equity -€75,527Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 13% of its sector peers (NACE 02, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
4-22
equity -20.8% of total assets
Liquidity
22-18
short-term debt 68.8% · cash 7.4%
Profitability
44-16
return on assets -22.0%
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 9 months
02-2026: 0.6%
03-2026: 0.6%▼ -0.2% vs 02-2026
04-2026: 0.5%▼ -3.2% vs 03-2026lowest value
05-2026: 0.6%▲ +3.5% vs 04-2026
06-2026: 1.0%▲ +86.5% vs 05-2026
07-2026: 1.1%▲ +5.0% vs 06-2026
08-2026: 1.4%▲ +26.2% vs 07-2026
09-2026: 1.6%▲ +17.5% vs 08-2026
10-2026: 3.7%▲ +125% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Loss of €79,817, the second in a row (FY 2025) raises the probability
- Latest accounts 56 days late; 2 of the last 3 late raises the probability
- Negative equity -€75,527 raises the probability
No credit on open account
Liquidity short (current ratio 0.36 against 0.6 in 2024; short-term debt: 68.8% and cash: 7.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 02, micro). Better than this share of them on solvency 9%, liquidity 15%, profitability 28%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€75,527
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
56 d late
2024
81 d late
2023
28 d early
2022
80 d early
2021
3 d late
2020
37 d early
2019
56 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 August (4 of the last 5 filed years within 78 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Registered officeRegistered-office move · Director in…
- Weakest financial yearnet -€79,817
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 25-09-2026Annual accounts filed
- 08-05-2026Registered office
- 31-12-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- LoggingNACE 02200
- Founded
- 31-12-2014
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.