FOR Engineering
ActiveSummary
FOR Engineering has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,886 and a net result of €1,386. Its solvency ranks better than 43% of 2,323 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Equity
- €2,886
- Profit
- €1,386
Why 68raises riskFounded in 2025Size: total assets €7,676Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 0.48, cash €1,922Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 41% on solvency, 41% on liquidity and 69% on profitability.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: FORNI Louis (director) ·…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Goods, raw materials, services and sundry goods60/61 | €3,605 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €187 |
| Gross operating margin9900 | €1,925 |
| Operating profit (loss)9901 | €1,738 |
| Profit (loss) for the period before taxes9903 | €1,738 |
| Income taxes67/77 | €351 |
| Profit (loss) for the period9904 | €1,386 |
| Profit (loss) for the period to be appropriated9905 | €1,386 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €7,676 | |
| Fixed assets21/28 | €5,364 | |
| Tangible fixed assets22/27 | €5,364 | |
| Plant, machinery and equipment23 | €801 | |
| Furniture and vehicles24 | €4,563 | |
| Current assets29/58 | €2,313 | |
| Amounts receivable within one year40/41 | €217 | |
| Other amounts receivable41 | €217 | |
| Cash at bank and in hand54/58 | €1,922 | |
| Deferred charges and accrued income490/1 | €174 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €7,676 | |
| Equity10/15 | €2,886 | |
| Contributions10/11 | €1,500 | |
| Profit (loss) carried forward14 | €1,386 | |
| Amounts payable17/49 | €4,790 | |
| Amounts payable within one year42/48 | €4,790 | |
| Taxes, remuneration and social security45 | €435 | |
| Taxes450/3 | €435 | |
| Other amounts payable47/48 | €4,355 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €1,386 |
| + Depreciation and write-downs630 | €187 |
| Operating cash flow (approximation) | €1,574 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00247906 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| FORNI Louis |
|
Owners and capital
Capital and shareholders
- FORNI Louis sole founder · 100% at incorporation
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 07-04-2025 Incorporation · €1,500 · 15 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-04
Gazette deed
IncorporationAppointment: FORNI Louis (director) · Founder · Founding capital12 facts ▸
- Incorporation, 02-04-2025
- Founder, FORNI Louis
- Founding capital, €1,500
- Bank account, “compte spécial au nom société en formation, dépôt versement constitution” (deed in French)
- Other provision, “statuts arrêtés, arrêtés comme suit” (deed in French)
- Capital
- Other provision, “effectivité dispositions finales et transitoires, le comparant” (deed in French)
- Registered office clause, “7100 Trivières,rue du Pont Rouge,69” (deed in French)
- Other provision, “néant, toute communication vers cette adresse par actionnaires,titulaires de titres émis et titulaires de certificats émis avec collaboration réputée valablemen…” (deed in French)
- Board rule, 1, “assemblée générale” (deed in French)
- Director appointment, FORNI Louis (director (not named in the articles))
- Pre-incorporation commitments, FOR Engineering
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55046B0248/00D004 | Wallonia | 408 m² | 1 · 53 m² | 10.7 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La fabrication de structures métalliques et de parties de structures; Les travaux de préparation des sites; Les travaux d’installation…” (deed in French)
12 activities (deed in French)
- La fabrication de structures métalliques et de parties de structures
- Les travaux de préparation des sites
- Les travaux d’installation électrotechnique de bâtiment
- Les travaux d’installation électrotechnique autre que de bâtiment
- Les travaux d’isolation
- L’entreposage et le stockage
- Les activités de marchands de biens immobiliers
- La location et l’exploitation de biens immobiliers propres ou loués
- Les activités d’ingénierie et de conseils techniques à l’exception des activités de géomètre
- L’enseignement post secondaire,non supérieur
- L’enseignement supérieur
- L’exploitation et la supervision de marchés financiers autrement que par des organismes publics notamment les activités de bourses de valeurs mobilières,d’option et de futures
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FOR Engineering
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Article 13, frais généraux indépendamment frais représentation voyages déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Toutes cessions entre vifs à titre onéreux ou gratuit,volontaires ou forcées,exclusion et retrait,en usufruit,nue-propriété ou pleine…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission nouvelles actions, au moins quinze jours à dater ouverture souscription” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Sans préjudice faculté assemblée de désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, pour quelque cause et à…” (deed in French)