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FOR-HAN

Active Risk: moderate
Private limited company (pre-2019)founded 20188 yrs activeKonijnenbergstraat 55, 2530 Boechout, BelgiumKBO/BCE: BE 0695.990.440
Summary

The computed 12-month bankruptcy probability of FOR-HAN is 3.9% (moderate). The 2020 annual accounts show equity of €3,818 and a net result of -€3,181. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability0=
Solvency67▼-15
Growth58
Track record100
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020
Solvency, return and age of the figures
Solvency
41.7%
Return on assets
-34.8%
Age of the figures
69 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 08-07-2021, 23 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
23 d early
2019
336 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 157 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 May 2018, FOR-HAN was incorporated.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020

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Financials · fiscal year 2020, micro schema

Equity
€3,818▼ 45.4%
2019 · €7,000
Total assets
€9,148▼ 25.8%
2019 · €12,329
Net result
-€3,181▲ 77.3%
2019 · -€14,000
Working capital
€3,818▼ 45.4%
2019 · €7,000
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020
Operating result-€13,457--€3,685▲ 72.6%
Net result-€14,000--€3,181▲ 77.3%
Equity€7,000-€3,818▼ 45.4%
Total assets€12,329-€9,148▼ 25.8%
Debt€5,329-€5,329=
Working capital€7,000-€3,818▼ 45.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2019: -€13,457-€13,457Net result 2019: -€14,000-€14,000Operating result 2020: -€3,685-€3,685Net result 2020: -€3,181-€3,18120192020-€15,000-€10,000-€5,000€0Operating result 2019: -€13,457-€13,500Net result 2019: -€14,000-€14,000Operating result 2020: -€3,685-€3,690Net result 2020: -€3,181-€3,18020192020
The operating result stays negative: a loss of €3,685 in 2020 against €13,457 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €9,148
Equity €3,818 ▼ 45.4%
Debt €5,329 =
Debt's share of the balance-sheet total rises from 43.2% to 58.3%. Equity is lower.
Key figures and ratios
2020 value · change against 2019
Current ratio
1.72▼
2019 · 2.31
ROE
-83.3%▲
2019 · -200.0%
ROA
-34.8%▲
2019 · -113.6%
Debt ≤ 1 year
€5,329=
2019 · €5,329
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 · 2020 against 2019 · 18 lines
Balance sheet Code20192020
Assets
Total assets20/58€12,329€9,148▼
Current assets29/58€12,329€9,148▼
Amounts receivable within one year40/41€4,823€7,543▲
Cash at bank and in hand54/58€7,247€729▼
Equity and liabilities
Total equity and liabilities10/49€12,329€9,148▼
Equity10/15€7,000€3,818▼
Contributions10/11€21,000-
Profit (loss) carried forward14-€14,000-€17,182▼
Amounts payable17/49€5,329€5,329=
Amounts payable within one year42/48€5,329€5,329=
Trade debts44€3,000€3,000=
Income statement Code20192020
Gross operating margin9900-€13,028-€2,336▲
Operating profit (loss)9901-€13,457-€3,685▲
Recurring financial income75€260€616▲
Recurring financial charges65€803€112▼
Profit (loss) for the period before taxes9903-€14,000-€3,181▲
Profit (loss) for the period9904-€14,000-€3,181▲
Profit (loss) for the period to be appropriated9905-€14,000-€3,181▲
Line20192020Change
Gross operating margin9900-€13,028-€2,336▲ 82.1%
Operating profit (loss)9901-€13,457-€3,685▲ 72.6%
Recurring financial income75€260€616▲ 137%
Recurring financial charges65€803€112▼ 86.1%
Profit (loss) for the period before taxes9903-€14,000-€3,181▲ 77.3%
Profit (loss) for the period9904-€14,000-€3,181▲ 77.3%
Profit (loss) for the period to be appropriated9905-€14,000-€3,181▲ 77.3%
Line20192020Change
Assets
Total assets20/58€12,329€9,148▼ 25.8%
Current assets29/58€12,329€9,148▼ 25.8%
Amounts receivable within one year40/41€4,823€7,543▲ 56.4%
Cash at bank and in hand54/58€7,247€729▼ 89.9%
Equity and liabilities
Total equity and liabilities10/49€12,329€9,148▼ 25.8%
Equity10/15€7,000€3,818▼ 45.4%
Contributions10/11€21,000--
Profit (loss) carried forward14-€14,000-€17,182▼ 22.7%
Amounts payable17/49€5,329€5,329=
Amounts payable within one year42/48€5,329€5,329=
Trade debts44€3,000€3,000=
Line20192020Change
Profit (loss) for the period9904-€14,000-€3,181▲ 77.3%
Operating cash flow (approximation)-€14,000-€3,181▲ 77.3%
Change in cash--€6,518-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
02-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 336 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Boechout
exact location from the address register On OpenStreetMap
Ground area
366 m²
Building footprint
105 m²
Volume, LiDAR
579 m³
Parcel 11004D0213/00W002, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11004D0213/00W002 Flanders 365 m² 1 · 105 m² 10.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded16-05-2018
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.