FORBO FLOORING
ActiveFORBO FLOORING has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €859k and a net result of €-32k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 37% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-12
Solvency59▼-21
Growth28▼-11
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 2.21 in 2024; short-term debt: 66.2% and cash: 0% of total assets), and 66.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.8%
Return on assets
-1.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
41 d early
2023
61 d early
2022
56 d early
2021
24 d early
2020
51 d early
2019
66 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€12.65M▲ 8.0%
2024 · €11.72M
2018: €17.74M
2019: €17.88M
2020: €14.09M
2021: €14.34M
2022: €14.65M
2023: €15.71M
2024: €11.72M
2018 → 2025
EBIT margin
1.1%▼ 2.3pp
2024 · 3.4%
2018: 4.5%
2019: 4.7%
2020: 4.9%
2021: 5.0%
2022: 5.6%
2023: 3.4%
2024: 3.4%
2018 → 2025
Net result
€-32k
2024 · €170k
2018: €372k
2019: €428k
2020: €370k
2021: €379k
2022: €459k
2023: €263k
2024: €170k
2018 → 2025
Working capital
€841k▼ 33.7%
2024 · €1.27M
2018: €801k
2019: €1.23M
2020: €1.63M
2021: €1.24M
2022: €1.30M
2023: €1.07M
2024: €1.27M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€14.34M-€14.65M▲ 2.2%€15.71M▲ 7.3%€11.72M▼ 25.4%€12.65M▲ 8.0%
Equity€1.30M-€1.36M▲ 4.5%€1.12M▼ 17.4%€1.29M▲ 15.1%€859k▼ 33.5%
Operating result€721k-€826k▲ 14.6%€540k▼ 34.7%€393k▼ 27.1%€134k▼ 65.8%
Net result€379k-€459k▲ 21.2%€263k▼ 42.7%€170k▼ 35.5%€-32k
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 66% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.54M
Fixed assets
€18k▼ 20.0%
Current assets
€2.53M▲ 9.0%
Equity and liabilities €2.54M
Equity
€859k▼ 33.5%
Debt
€1.68M▲ 60.7%
The debt ratio rises from 44.8% to 66.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€139k▼
2024 · €400k
Cash flow
€-28k▼
2024 · €176k
Solvency
33.8%▼
2024 · 55.2%
Current ratio
1.50▼
2024 · 2.21
Quick ratio
1.50▼
2024 · 2.21
Debt / equity
1.96▲
2024 · 0.81
ROE
-3.7%▼
2024 · 13.1%
ROA
-1.3%▼
2024 · 7.2%
Interest coverage
5.66▼
2024 · 20.82
Debt
€1.68M▲
2024 · €1.05M
Debt ≤ 1 year
€1.68M▲
2024 · €1.05M
Income taxes
€15k▼
2024 · €84k
Staff costs
€1.66M▲
2024 · €1.61M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.34M€2.54M▲
Fixed assets21/28€22k€18k▼
Intangible fixed assets21€211€158▼
Tangible fixed assets22/27€18k€14k▼
Furniture and vehicles24€18k€14k▼
Financial fixed assets28€4k€4k=
Other financial fixed assets284/8€4k€4k=
Amounts receivable and cash guarantees285/8€4k€4k=
Current assets29/58€2.32M€2.53M▲
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Goods purchased for resale34€4k€4k=
Amounts receivable within one year40/41€2.30M€2.50M▲
Trade receivables40€1.17M€2.02M▲
Other amounts receivable41€1.13M€478k▼
Cash at bank and in hand54/58€367€367=
Deferred charges and accrued income490/1€10k€24k▲
Equity and liabilities
Total equity and liabilities10/49€2.34M€2.54M▲
Equity10/15€1.29M€859k▼
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€25k€25k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Profit (loss) carried forward14€1.02M€584k▼
Amounts payable17/49€1.05M€1.68M▲
Amounts payable within one year42/48€1.05M€1.68M▲
Financial debts43€90k€838k▲
Credit institutions430/8€90k€838k▲
Trade debts44€637k€391k▼
Suppliers440/4€637k€391k▼
Taxes, remuneration and social security45€321k€456k▲
Taxes450/3€90k€145k▲
Remuneration and social security454/9€231k€311k▲
Income statement
Code20242025
Operating income70/76A€11.76M€12.68M▲
Turnover70€11.72M€12.65M▲
Other operating income74€41k€27k▼
Operating charges60/66A€11.37M€12.55M▲
Goods for resale, raw materials and consumables60€7.07M€8.23M▲
Purchases600/8€7.07M€8.23M▲
Change in stocks: decrease (increase)609€1k€0▼
Services and other goods61€2.64M€2.65M▲
Remuneration, social security and pensions62€1.61M€1.66M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-132k€0▲
Other operating charges640/8€176k€998▼
Operating profit (loss)9901€393k€134k▼
Financial income75/76B€12k€5k▼
Recurring financial income75€12k€5k▼
Other financial income752/9€12k€5k▼
Financial charges65/66B€152k€156k▲
Recurring financial charges65€152k€156k▲
Debt charges650€19k€25k▲
Other financial charges652/9€132k€132k▼
Profit (loss) for the period before taxes9903€254k€-17k▼
Income taxes67/77€84k€15k▼
Taxes670/3€84k€15k▼
Profit (loss) for the period9904€170k€-32k▼
Profit (loss) for the period to be appropriated9905€170k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.02M€984k▼
Profit (loss) brought forward from the previous period14P€846k€1.02M▲
Profit to be distributed694/7€0€400k▲
Return on contributions (dividend)694€0€400k▲
Social balance
Average headcount (FTE)908715.715.4▼
The notes to these accounts (45 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-32k ▼119%
Net result drops to €-32k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €459k ▲21.2%
Net result €459k, the highest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €1MEq €1.30M ▲49%
2 profitable years in a row build equity to €1.30M.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
22 acts for this company are 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, Dilbeek · 1 establishment unit since 1972
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
't Hofveld 4 B1702 DilbeekGround area
1.3 ha
Building footprint
6,054 m²
Volume, LiDAR
40,064 m³
Parcel 23026A0120/00A002, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FORBO FLOORING N.V.
since 19722.007.971.759
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0120/00A002 | Flanders | 1.3 ha | 1 · 6,053 m² | 12.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 679 companies in sector 46494 we hold annual accounts for 530. 383 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-12-1972
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
46833Wholesale trade
51471
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.