Equity
€107,708 ▼ 0.5%
FORAC paid out €1,600 in dividends. That is 155% of the 2025 profit.
FORAC
Lifetime
19 annual accounts with figures on one time axis, 30 filings since 1996peak €126,417 (2009)
€2,340▼ 71.5%
lowest -€16,085 (2008)
€1,030▼ 80.9%
peak €119,488 (2022)
€107,708▼ 0.5%
€4,133▼ 51.9%
peak 2 FTE (2007)
-not published
Board2 names since 2023
1 director
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €8,222 to €2,340Result from €5,406 to €1,030Resignation: (director) 31-01Dividend €1,600Debts from €8,598 to €4,133Cash from €1,316 to €3,400
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,035 companies had the same profile as FORAC has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 17,035 companies, not a prediction for FORAC. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454994237
Resignation: (director)
Director discharge: · General meeting of 30-12-2024 · Gazette deed
Registered office moved from Schoten to Brecht
New registered office: Burg. Alfons Lambrechtslaan 19 te 2960 Brecht · Previous registered office: Ruitersdreef 15, 2900 Schoten, België · Appointment: (director) · General meeting of 27-09-2023 · Gazette deed
First establishment
Burg.Alfons Lambrechtslaan 19, Brecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FORAC Brecht | €111,841 | €2,340 | 96.3% | - |
| SOMEBA Berchem-Sainte-Agathe | €107,392 | €2,958 | 99.5% | - |
| JACOBS Keerbergen | €84,908 | €2,336 | 91.5% | - |
| STUDER ET CO Brussels | €83,166 | €2,800 | 60.0% | - |
| COBORLAN Lierneux | €99,068 | €1,793 | 99.3% | - |
| KEM TECHNICS Waasmunster | €113,300 | €1,422 | 70.0% | - |
| EVS BOGAERT Menen | €92,636 | €2,352 | 30.3% | - |
These companies have the same main activity as FORAC: plumbing work (NACE 43221). They are comparable in size and age: total assets between €83,200 and €113,000, founded between 1987 and 2007.
Official details
Source: KBO- Status
- Active since 07-04-1995Normal situation
- Activity
- Plumbing workNACE 43221
- Establishment unit
- 2.071.976.4182960 Brecht, since 15-06-1995
- Financial year end
- 30 June
- Peppol
- Reachable since 18-12-2025
Annual accounts to 30-06-2025
- ≈ €20,000estimated
- €111,841▼ 4.3%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on FORAC
FORAC files the micro format. That format states no turnover. The gross margin fell from €69,357 in 2007 to €2,340 in 2025.
The balance sheet grew most from 2011 to 2013 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FORAC
- What is the company number of FORAC?
- The company number of FORAC is 0454.994.237. The VAT number is the same number with BE in front: BE 0454.994.237.
- Where is FORAC based?
- The registered office is at Burg.Alfons Lambrechtslaan 19, 2960 Brecht.Company details
- What does FORAC do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of FORAC?
- FORAC is a private limited company (pre-2019) (BVBA).
- When was FORAC founded?
- FORAC was founded on 07-04-1995.
- Is FORAC still active?
- Yes, FORAC is an active enterprise in the KBO register.
- What is the turnover of FORAC?
- The turnover in financial year 2025 is ≈ €20,000. This figure is estimated from the gross margin of €2,340 and 37 comparable companies (NACE 43221). It probably lies between €15,000 and €43,000. It is a rough estimate.Financials
- Is FORAC profitable?
- In financial year 2025, FORAC made a profit of €1,030.
- Where can I find the annual accounts of FORAC?
- FORAC filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FORAC due?
- FORAC must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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