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FORCES FOR INDUSTRY

Active
Private limited companyfounded 2016active for 10 yearsTorhoutse Steenweg 162, 8200 Brugge, BelgiumKBO/BCE: BE 0648.857.843
Summary

FORCES FOR INDUSTRY has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93,273 and a net result of €2,843. Equity has been shrinking by about 2.6% per year since 2018. Its solvency ranks better than 32% of 597 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 22-02-2016 Normal situation
Activity
Repair and maintenance of machinery NACE 33120and 3 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2025
Establishment unit
2.263.018.710 8200 Brugge, since 01-04-2017
Financial year end
31 December
Peppol
Reachable since 27-11-2025

Board and ownership

Board
  • HAYMAKER CONSULTINGDirector · since 12-07-2021 · permanent representative Tom Hemmeryckx
  • LivDirector · permanent representative Andres Sanders
Shareholders
  • Liv2025 annual accounts of Liv

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€817,963
▼ 6.0%
Turnover
≈ €1.9m
estimated
Profit
€2,843
▼ 68.6%
Equity
€93,273
▲ 3.1%
Total assets
€355,204
▼ 6.4%
Employees on 31-12-2025
12
▼ 7.7%
Score breakdownraises riskSize: 12.6 FTE, total assets €355,204Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskLiquidity: current ratio 1.35, cash €163,476Figures for financial year 2025 (filed on 16-07-2026)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of small companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2024
Average
Solvency 51+2
equity 26.3% of total assets
Liquidity 60+5
short-term debt 73.7% · cash 46.0%
Profitability 33-9
return on assets 0.8%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (194 companies, NACE 33, small)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.5%▼ -0.4 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.4%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.35 (1.29 in 2024), below the usual 1.5. Short-term debt is 73.7% and cash 46% of total assets. 73.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 33, small). It does better than 30% of them on solvency, 76% on liquidity, 13% on profitability and 39% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.35, cash €163,476
NBB · annual accounts
raises risk · Size: 12.6 FTE, total assets €355,204
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €93,273
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 16-07-2026, 15 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
15 days early
2024
14 days early
2023
23 days early
2022
27 days early
2021
30 days early
2020
23 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • New directorlatest change 27-08-2026 · 2 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: Liv (director)Permanent representatives: Andres Sanders and Tom Hemmeryckx · Resignation: HAYMAKER CONSULTING (director)
  2. · Gazette deed Appointments: HAYMAKER CONSULTING (director) and VANDER DONCKT – ROOBROUCK - CHRISTIAENS BEDRIJFSREVISOREN (statutory auditor)Permanent representative: HEMMERYCKX Tom
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as FORCES FOR INDUSTRY: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €566,000 and €963,000, founded between 2013 and 2019.

CompanyTotal assetsGross margin
FORCES FOR INDUSTRY Brugge€0.4m€0.8m
PIRTEK BRUSSEL Wavre€0.6m€1.0m
Mylubricants Belgium Liège€0.6m€0.7m
E.G. Maintenance Charleroi€0.7m€0.7m
QUALITY FACTORY Brugge€1.0m€0.8m
OFFSHORE SERVICE PROVIDER Bredene€0.8m€1.3m
HYDREAU Antwerpen€0.7m€0.6m
Full comparison

Key facts about FORCES FOR INDUSTRY

What is the company number of FORCES FOR INDUSTRY?
The company number of FORCES FOR INDUSTRY is 0648.857.843. The VAT number is the same number with BE in front: BE 0648.857.843.
Where is FORCES FOR INDUSTRY based?
The registered office is at Torhoutse Steenweg 162, 8200 Brugge.Company details
What does FORCES FOR INDUSTRY do?
According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
What is the legal form of FORCES FOR INDUSTRY?
The legal form of FORCES FOR INDUSTRY is Private limited company (BV).
When was FORCES FOR INDUSTRY founded?
FORCES FOR INDUSTRY was founded on 22-02-2016.
Is FORCES FOR INDUSTRY still active?
Yes, FORCES FOR INDUSTRY is an active enterprise in the KBO register.
How many employees does FORCES FOR INDUSTRY have?
FORCES FOR INDUSTRY had an average of 12.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FORCES FOR INDUSTRY fall under?
In its 2025 annual accounts, FORCES FOR INDUSTRY states joint committees 124 (Paritair Comité voor het bouwbedrijf), 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of FORCES FOR INDUSTRY?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €817,963 and 2,281 comparable companies of the same size. It probably lies between €1.2m and €3.3m. It is a rough estimate.
Is FORCES FOR INDUSTRY profitable?
In financial year 2025, FORCES FOR INDUSTRY made a profit of €2,843.
Where can I find the annual accounts of FORCES FOR INDUSTRY?
FORCES FOR INDUSTRY filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FORCES FOR INDUSTRY due?
FORCES FOR INDUSTRY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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