Financials
- Fiscal year
- 2025
- Total assets
- €536,513
- Loss
- -€5,043
- Solvency
- 15.9%
Total assets=
Net result
20182025
FORDING
ActiveSummary
FORDING has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,500 and a net result of -€5,043. Equity is shrinking by ~7.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Activity not known
How big
€536,513total assets 2025
- Equity
- €85,500
- Loss
- -€5,043
Who decides
- Parent
- SACOFI · 100%
- Holdings
- 1
Accounts filed 28 d late0 of 2 deeds read
Why 68- Liquidity: cash €1,513- No establishment unit in the KBO+ Size: total assets €536,513+ No main activity registeredShow the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 21% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
41-1
equity 15.9% of total assets
Liquidity
1=
cash 0.3%
Profitability
35=
return on assets -0.9%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €536,513 lowers the probability for this profile
- Liquidity: cash €1,513 raises the probability
- No main activity registered lowers the probability
- No establishment unit in the KBO raises the probability
Credit up to €5,000 at 30 days acceptable
cash: 0.3% of total assets, and 84.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 26%, liquidity 4%, profitability 25%, growth against the median 30%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,043
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
30 d late
2022
32 d early
2021
31 d late
2020
31 d late
2019
7 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 18 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 (2)
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. Usually files around 28 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Board & ownership
- Parent
- SACOFI · 100%
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 10
- Since
- 2018
- Next accounts
- by 31-07-2027
- 28-08-2026Annual accounts filed
- 28-08-2025Annual accounts filed
- 30-08-2024Annual accounts filed
Company details
- Legal form
- Private limited company
- Founded
- 01-09-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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