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FOR 7.

Active
Private limited companyfounded 2024active for 2 yearsAmarantenhof 7, 1150 Woluwe-Saint-Pierre, BelgiumKBO/BCE: BE 1015.081.145

Financials · financial year 2025, micro format

2025 annual accounts filed 63 days after the deadline Filed on 2 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00543733.

Annual accounts 2025 filed on 02-10-2026 at the NBB all 2 filings

Turnover
≈ €140,000
Estimated: probably between €100,000 and €200,000
Total assets
€139,925▲ 33×
2024 · €4,182
Net result
€36,898
2024 · -€308
Working capital
€39,590▲ 15×
2024 · €2,692
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€46,384
2025
20242025
Net result
€36,898
2025
highest quarter of the sector
20242025
Equity
€39,590
▲ 15× 2025
middle half of the sector
20242025
Total assets
€139,925
▲ 33× 2025
middle half of the sector
20242025
Debt
€100,335
▲ 67× 2025
20242025
Working capital
€39,590
▲ 15× 2025
highest quarter of the sector
20242025
Solvency
28.3%
2025
middle half of the sector
20242025
Current ratio
1.39
2025
middle half of the sector
20242025
Return on assets (ROA)
26.4%
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€307-€46,384
Net result-€308within the sector's middle half-€36,898above the sector's middle half
Equity€2,692within the sector's middle half-€39,590within the sector's middle half▲ 15×
Total assets€4,182below the sector's middle half-€139,925within the sector's middle half▲ 33×
Debt€1,490-€100,335▲ 67×
Working capital€2,692within the sector's middle half-€39,590above the sector's middle half▲ 15×
Solvency28.3%within the sector's middle half
Current ratio1.39within the sector's middle half
Return on assets (ROA)26.4%above the sector's middle half
above within below The sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €46,384, after a loss of €307 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €139,925
Equity €39,590 ▲ 15×
Debt €100,335 ▲ 67×
Debt's share of the balance-sheet total rises from 35.6% to 71.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
2.53
ROE
93.2%
Debt ≤ 1 year
€100,335▲
2024 · €1,490
Income taxes
€9,396
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€4,182€139,925▲
Current assets29/58€4,182€139,925▲
Amounts receivable within one year40/41€3,394€118,522▲
Trade receivables40€3,394€109,279▲
Other amounts receivable41-€9,243
Cash at bank and in hand54/58€788€21,403▲
Equity and liabilities
Total equity and liabilities10/49€4,182€139,925▲
Equity10/15€2,692€39,590▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€308€36,590▲
Amounts payable17/49€1,490€100,335▲
Amounts payable within one year42/48€1,490€100,335▲
Trade debts44€1,132€76,471▲
Suppliers440/4€1,132€76,471▲
Taxes, remuneration and social security45€50€23,654▲
Taxes450/3€50€23,654▲
Other amounts payable47/48€308€209▼
Income statement Code20242025
Other operating charges640/8€547€0▼
Gross operating margin9900€240€46,384▲
Operating profit (loss)9901-€307€46,384▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€1€90▲
Recurring financial charges65€1€90▲
Profit (loss) for the period before taxes9903-€308€46,294▲
Income taxes67/77-€9,396
Profit (loss) for the period9904-€308€36,898▲
Profit (loss) for the period to be appropriated9905-€308€36,898▲
Appropriation of the result
Profit (loss) to be appropriated9906-€308€36,590▲
Profit (loss) brought forward from the previous period14P--€308

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 02-10-2026.

Line20242025Change
Other operating charges640/8€547€0▼ 100%
Gross operating margin9900€240€46,384▲ 193×
Operating profit (loss)9901-€307€46,384-
Financial income75/76B-€1-
Recurring financial income75-€1-
Financial charges65/66B€1€90▲ 90×
Recurring financial charges65€1€90▲ 90×
Profit (loss) for the period before taxes9903-€308€46,294-
Income taxes67/77-€9,396-
Profit (loss) for the period9904-€308€36,898-
Profit (loss) for the period to be appropriated9905-€308€36,898-
Line20242025Change
Assets
Total assets20/58€4,182€139,925▲ 33×
Current assets29/58€4,182€139,925▲ 33×
Amounts receivable within one year40/41€3,394€118,522▲ 35×
Trade receivables40€3,394€109,279▲ 32×
Other amounts receivable41-€9,243-
Cash at bank and in hand54/58€788€21,403▲ 27×
Equity and liabilities
Total equity and liabilities10/49€4,182€139,925▲ 33×
Equity10/15€2,692€39,590▲ 15×
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€308€36,590-
Amounts payable17/49€1,490€100,335▲ 67×
Amounts payable within one year42/48€1,490€100,335▲ 67×
Trade debts44€1,132€76,471▲ 68×
Suppliers440/4€1,132€76,471▲ 68×
Taxes, remuneration and social security45€50€23,654▲ 473×
Taxes450/3€50€23,654▲ 473×
Other amounts payable47/48€308€209▼ 32.0%
Line20242025Change
Profit (loss) for the period9904-€308€36,898-
Operating cash flow (approximation)-€308€36,898-
Change in cash-€20,615-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 7,976 companies had the same profile as FOR 7. has now. Two years later, 94.4% were still going and 3.6% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
94.4% was still going
1.8% stopped otherwise
3.6% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of FOR 7. itself: 2.5% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 7,976 companies, not a prediction for FOR 7.. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 02-10-2026 2026-00543733 PDF
31-12-2024 micro format 31-08-2025 2025-00472150 PDF

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