Liquidity
Short-term debts fell from €13,804 to €4,287.
Short-term debts fell from €13,804 to €4,287.
The 2020 accounts came 4 days late. The other nine were filed on time.
Higher solvency than 91% of companies in head offices and management consultancy. Sector median 52.1% · 10,633 companies.
In July 2024, 6,920 companies had the same profile as Bforward has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,920 companies, not a prediction for Bforward. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Bforward Woluwe-Saint-Lambert | €90,646 | -€867 | 95.3% | - |
| LMServices Brussels | €88,696 | -€18,655 | 31.6% | - |
| KOPGROEP Brussels | €87,109 | -€15,802 | 97.6% | - |
| SYAH Forest | €88,301 | -€213 | 9.9% | - |
| MOONDUST Watermael-Boitsfort | €90,278 | -€2,892 | 86.4% | - |
| COWA CONSULT Etterbeek | €97,713 | -€13,813 | 18.2% | - |
| Digital Minds Uccle | €86,687 | -€37,790 | 41.5% | - |
These companies have the same main activity as Bforward: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €86,700 and €97,700, founded between 2015 and 2016.
Bforward files the abbreviated format. That format states no turnover. The gross margin fell from €8,979 in 2016 to -€867 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Higher than 92% of 10,633 companies in 2025.
Higher than 95% of 10,285 companies in 2025.
Higher than 14% of 10,548 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
90,646 | 101,976 | 115,455 | 111,514 | 106,977 | 84,739 | 400,868 | 222,942 | 81,294 | 108,100 | |
21/28 |
- | - | 962 | 1,896 | - | - | 622 | 1,226 | 559 | 1,101 | |
22/27 |
- | 0 | 962 | 1,896 | 0 | - | 622 | 1,226 | 559 | 1,101 | |
25 |
- | - | 962 | 1,896 | 0 | - | - | - | - | - | |
29/58 |
90,646 | 101,976 | 114,493 | 109,618 | 106,977 | 84,739 | 400,246 | 221,716 | 80,735 | 106,999 | |
40/41 |
129 | 964 | 1,212 | 31,975 | 14,388 | 3,322 | 363,378 | 196,665 | 30,492 | 15,423 | |
40 |
- | 0 | 0 | 30,298 | 1,023 | 2,519 | 358,458 | 190,837 | 30,492 | 15,423 | |
41 |
129 | 964 | 1,212 | 1,677 | 13,365 | 803 | 4,920 | 5,828 | - | - | |
54/58 |
90,517 | 101,012 | 113,281 | 77,643 | 92,589 | 81,417 | 23,164 | 15,064 | 29,248 | 91,576 | |
490/1 |
- | - | - | - | - | - | 13,704 | 9,987 | 20,995 | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
90,646 | 101,976 | 115,455 | 111,514 | 106,977 | 84,739 | 400,868 | 222,942 | 81,294 | 108,100 | |
10/15 |
86,359 | 88,172 | 76,881 | 75,398 | 57,687 | 56,896 | 55,641 | 42,085 | 22,198 | 26,430 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
10 |
- | - | - | - | 18,600 | - | - | - | - | - | |
100 |
- | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 392 | 392 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 392 | 392 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
14 |
65,899 | 67,712 | 56,421 | 54,938 | 37,227 | 36,436 | 35,181 | 21,625 | 3,206 | 7,439 | |
17/49 |
4,287 | 13,804 | 38,574 | 36,116 | 49,290 | 27,843 | 345,227 | 180,857 | 59,096 | 81,670 | |
42/48 |
4,287 | 13,804 | 38,574 | 36,116 | 12,795 | 27,843 | 322,996 | 180,857 | 59,096 | 81,670 | |
42 |
- | - | 13,800 | - | - | - | - | - | - | - | |
44 |
4,287 | 13,804 | 18,014 | 22,049 | 6,795 | 13,658 | 99,958 | 19,858 | 41,338 | 62,033 | |
440/4 |
4,287 | 13,804 | 18,014 | 22,049 | 6,795 | 13,658 | 99,958 | 19,858 | 41,338 | 62,033 | |
45 |
- | 0 | 0 | 7,307 | - | 8,185 | 17,238 | 9,047 | 17,758 | 19,637 | |
450/3 |
- | - | - | - | - | - | - | 488 | 3,481 | 446 | |
454/9 |
- | - | 0 | 7,307 | - | 8,185 | 17,238 | 8,559 | 14,277 | 19,191 | |
47/48 |
- | - | 6,760 | 6,760 | 6,000 | 6,000 | 205,800 | 151,952 | - | - | |
492/3 |
- | - | - | - | 36,495 | - | 22,231 | - | - | - | |
| Income statement | |||||||||||
9900 |
-867 | 17,702 | 6,691 | 21,554 | 8,859 | 5,716 | 35,259 | 23,421 | 3,025 | 8,979 | |
630 |
0 | 962 | 934 | 934 | 0 | 622 | 603 | 1,162 | 542 | 542 | |
640/8 |
487 | 492 | 469 | 598 | 421 | 420 | 557 | 556 | 1,040 | 588 | |
9901 |
-1,354 | 16,248 | 5,288 | 20,022 | 8,438 | 4,674 | 34,099 | 21,703 | 1,443 | 7,848 | |
75/76B |
3 | 0 | 1,658 | - | - | 2,860 | 38 | 1,403 | - | 848 | |
75 |
3 | 0 | 1,658 | - | - | 2,860 | 38 | 1,403 | - | 848 | |
65/66B |
47 | 80 | 81 | 150 | 525 | 2,356 | 16,384 | 3,218 | 3,431 | 866 | |
65 |
47 | 80 | 81 | 150 | 525 | 2,356 | 16,384 | 3,218 | 3,431 | 866 | |
9903 |
-1,398 | 16,168 | 6,865 | 19,872 | 7,913 | 5,178 | 17,753 | 19,888 | -1,988 | 7,830 | |
67/77 |
415 | 4,877 | 5,381 | 2,161 | 1,122 | 3,923 | 4,197 | - | 2,245 | - | |
9904 |
-1,813 | 11,291 | 1,484 | 17,711 | 6,791 | 1,255 | 13,556 | 19,888 | -4,233 | 7,830 | |
9905 |
-1,813 | 11,291 | 1,484 | 17,711 | 6,791 | 1,255 | 13,556 | 19,888 | -4,233 | 7,830 | |
| Appropriation of the result | |||||||||||
9906 |
65,899 | 67,712 | 56,421 | 54,938 | 43,227 | 36,436 | 35,181 | 23,094 | 3,206 | 7,830 | |
14P |
67,712 | 56,421 | 54,937 | 37,227 | 36,436 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 1,469 | - | 392 | |
6920 |
- | - | - | - | - | - | - | 1,469 | - | 392 | |
694/7 |
- | - | - | - | 6,000 | - | - | - | - | - | |
695 |
- | - | - | - | 6,000 | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 05-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 05-07-2026 | 2026-00265420 | |
| 31-12-2024 | full format | 08-07-2025 | 2025-00254265 | |
| 31-12-2023 | full format | 23-07-2024 | 2024-00283176 | |
| 31-12-2022 | full format | 18-06-2023 | 2023-00140411 | |
| 31-12-2021 | full format | 11-07-2022 | 2022-20177691 | |
| 31-12-2020 | full format | 04-08-2021 | 2021-45900076 | |
| 31-12-2019 | full format | 15-06-2020 | 2020-16900144 | |
| 31-12-2018 | full format | 24-06-2019 | 2019-21500337 | |
| 31-12-2017 | full format | 29-06-2018 | 2018-26400096 | |
| 31-12-2016 | full format | 26-06-2017 | 2017-21800002 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -1,354 | 17,210 | 6,222 | 20,956 | 8,438 | 5,296 | 34,702 | 22,865 | 1,985 | 8,391 | ||
| -1,813 | 12,253 | 2,418 | 18,645 | 6,791 | 1,877 | 14,159 | 21,050 | -3,691 | 8,372 | ||
| 0 | 0 | 0 | 2,830 | 0 | 0 | -1 | 1,829 | 0 | 1,643 | ||
| -10,495 | -12,269 | 35,638 | -14,946 | 11,172 | 58,253 | 8,100 | -14,184 | -62,328 | - | ||
| 86,359 | 88,172 | 75,919 | 73,502 | 94,182 | 56,896 | 77,250 | 40,859 | 21,639 | 25,330 | ||
| 95.3% | 86.5% | 66.6% | 67.6% | 53.9% | 67.1% | 13.9% | 18.9% | 27.3% | 24.4% | ||
| 21.14 | 7.39 | 2.97 | 3.04 | 8.36 | 3.04 | 1.24 | 1.23 | 1.37 | 1.31 | ||
| 0.05 | 0.16 | 0.50 | 0.48 | 0.85 | 0.49 | 6.20 | 4.30 | 2.66 | 3.09 | ||
| -2.1% | 12.8% | 1.9% | 23.5% | 11.8% | 2.2% | 24.4% | 47.3% | -19.1% | 29.6% | ||
| -2.0% | 11.1% | 1.3% | 15.9% | 6.3% | 1.5% | 3.4% | 8.9% | -5.2% | 7.2% | ||
| -28.81 | over 100 | 76.81 | over 100 | 16.07 | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €2,830 | - |
| €0 | €962 | €934 | €934 | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €1,354, after a profit of €16,248 in 2024. It is the lowest result since 2016.
Debt's share of the balance-sheet total falls from 13.5% to 4.7%. Equity and debt are lower.
1 other company of this director went bankrupt (2026).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Bforward has no parent and no holdings in its annual accounts. is the only director.
| DB Sun
registered office since 31-08-2020 · founded in 2020 · negative equity (2025) |
total assets €91,548 (2025) 0753.510.648 |
| DSA CONSULT
registered office since 04-09-2025 |
founded in 2025 1027.249.497 |
| Centre commercial Saint-Lambert - Sint Lambertus Handelscentrum
registered office since 28-07-2021 |
founded in 2021 0771.804.749 |
| Association des copropriétaires de l'immeuble sis à Wol-St-Lambert, Rue Saint Lambert 107-109.
registered office since 06-11-2002 |
founded in 2002 0823.523.961 |
via , no longer at · Director · deed of 14-09-2016 Open bankruptcy · founded in 2016 |
total assets €29,770 (2019) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Sint-Lambertusstraat 107 registered office 1200 Woluwe-Saint-Lambert | 19-11-2015 | 2.247.552.851 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21674C0114/00L000 | 369 m² | 1 · 211 m² | 15.9 m · 4 |
If something looks wrong or is missing, please tell us.