Equity
€2.4m ▲ 161%
Equity rose in 2025: capital increase.
FORDAQ
Lifetime
19 annual accounts with figures on one time axis, 26 filings since 2000peak €748,564 (2011)
€431,765▲ 111%
lowest -€342,002 (2006)
-€56,607▲ €59,390
peak €2.4m (2025)
€2.4m▲ 161%
€879,486▼ 51.2%
peak 3.2 FTE (2013)
1.5 FTEunchanged
Board8 names since 2008
2 directors and 1 other
Owners
Documentsfilings and deeds
17-08-202617 days late
2025abbreviated format
Gross margin from €204,915 to €431,765Loss of €56,607Capital increase · Amendment of the articles 26-09Equity from €913,534 to €2.4mDebts from €1.8m to €879,486Cash from €31,079 to €140,560
Key points
from the 2025 annual accountsLosses
-€172,603 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Liquidity
2.71 was 0.90 in 2024
Short-term debts fell from €1.7m to €803,260.
Filings
26 annual accounts since 2000
Three of the last ten came late. The 2023 accounts came latest: 28 days after the end of the period.
At the same address
581 companies
Position in the sector
-€56,607
Lower net result than 88% of companies in wholesale trade. Sector median €38,114 · 10,723 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as FORDAQ has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.4% 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 12,322 companies, not a prediction for FORDAQ. 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
Board and ownership
Director, since 31-05-2025
Director, since 05-11-2025
- deed of 26-09-2025
Recent changes
Registered office moved within Ixelles
New registered office: Avenue Louise 231, 1050 Ixelles · Previous registered office: Avenue Louise 523, 1050 Ixelles · Board meeting of 29-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0471664082
Capital increase · Amendment of the articles
Capital from €4,203,518.53 to €5,681,717.18, 6,108 new shares · Capital from €5,681,717.18 to €5,782,147.18, 415 new shares · holds 3,127 shares · General meeting of 17-09-2025 · Gazette deed
1 director appointed, 2 resignations, 2 reappointments
Resignations: and · Reappointments: (managing director) and · Appointment: · General meeting of 26-07-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FORDAQ Ixelles | €3.3m | €431,765 | 73.1% | 1.5 |
| VECOTRADE BELGIUM Saint-Vith | €3.3m | €625,859 | 33.1% | 1 |
| LINE-GOLD Liège | €2.3m | €433,025 | 76.4% | 1 |
| GSK BROKERS Ranst | €2.0m | €339,467 | 66.8% | 1 |
| TRYMA Roeselare | €1.8m | €248,491 | 15.5% | 1.8 |
| bdtronic Diepenbeek | €1.6m | €373,249 | 90.1% | 1 |
| Saelens Staden | €3.8m | €629,321 | 36.7% | 2.7 |
These companies have the same main activity as FORDAQ: agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140). They are comparable in size and age: total assets between €1.6m and €3.8m, founded between 1990 and 2005.
Official details
Source: KBO- Status
- Active since 11-04-2000Normal situation
- Registered office
- 582 active companies are registered at this address52 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Agents in the wholesale of industrial machinery, ships and aircraftNACE 46140and 1 other
- Establishment unit
- 2.093.897.0321050 Brussels, since 28-06-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 11-02-2026
Annual accounts 2025
- ≈ €2.2mestimated
- €3.3m▲ 20.1%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 17-08-2026
Insights on FORDAQ
FORDAQ files the abbreviated format. That format states no turnover. The gross margin rose from €166,970 in 2006 to €431,765 in 2025.
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 FORDAQ
- What is the company number of FORDAQ?
- The company number of FORDAQ is 0471.664.082. The VAT number is the same number with BE in front: BE 0471.664.082.
- Where is FORDAQ based?
- The registered office is at Louizalaan 231, 1050 Ixelles.Company details
- What does FORDAQ do?
- According to the KBO register, the main activity is agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140).
- What is the legal form of FORDAQ?
- FORDAQ is a public limited company (NV).
- When was FORDAQ founded?
- FORDAQ was founded on 11-04-2000.
- Is FORDAQ still active?
- Yes, FORDAQ is an active enterprise in the KBO register.
- How many employees does FORDAQ have?
- FORDAQ had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FORDAQ?
- The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €431,765 and 139 comparable companies (NACE 46). It probably lies between €1.4m and €3.7m.
- Is FORDAQ profitable?
- In financial year 2025, FORDAQ made a loss of €56,607.
- Where can I find the annual accounts of FORDAQ?
- FORDAQ filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FORDAQ due?
- FORDAQ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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