FORE MARNIX & CO

Active

Private limited companyfounded 2005active for 20 yearsRinglaan 52, 9900 Eeklo, BelgiumKBO/BCE: BE 0878.159.014

Summary

FORE MARNIX & CO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €257,560. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 71% of 332 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

FORE MARNIX & COActiveChecked score 98/100

Risk analysis Report Compare

Activity

Sawmilling and planing of wood

NACE 16110Joinery installation NACE 43320

7th fastest staff growth in East Flanders, Wood and cork sector1 site

Size

€2.5mtotal assets 2025

Staff: 19.6 FTE
Equity: €1.6m
Profit: €257,560

Turnover not published (abbreviated format)

Financial health

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Marnix ForéDirector

2025 accounts 29 days early2 of 4 deeds summarised

Why 98lowers riskLiquidity: current ratio 3.43, cash €589,815Founded in 2005Equity €1.6m (65.9% of total assets)Profit of €257,560 (financial year 2025)Show the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 83% of its sector peers (NACE 16, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 91+4

equity 65.9% of total assets

Liquidity 73+10

short-term debt 20.4% · cash 23.6%

Profitability 82+5

return on assets 10.3%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (165 companies, NACE 16, small)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €160,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.43, compared with 3.45 in 2024, above the usual 1.5; short-term debt: 20.4% and cash: 23.6% of total assets), and 34.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 16, small): better than 73% on solvency, 90% on liquidity, 84% on profitability and 83% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskneutral

Liquidity: current ratio 3.43, cash €589,815

NBB · annual accounts

Founded in 2005

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €1.6m (65.9% of total assets)

NBB · annual accounts

Profit of €257,560 (financial year 2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

29 days early

2024

29 days late

2023

30 days early

2022

5 days early

2021

9 days late

2020

88 days late

2019

66 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median (NACE 16) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)

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 26 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

02-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Highest result from 2018 to 2025net €257,560 ▲72.9%
29-08-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Result rose in 2025from €148,944 to €257,560 ▲ 72.9% View
Positive: Among the best 13% on net resultsector median €23,065 · 332 companies €257,560 View
Positive: 8 profitable years in a rowprofit 2025: €257,560 8 years View

By topic

Financials

Financial year: 2025
Total assets: €2.5m
Profit: €257,560
Solvency: 65.9%

Total assets▲ 5.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member

Marnix ForéDirector

Go to Board & ownership

Timeline

Events: 24
Since: 2007
Next accounts: by 31-07-2027

01-07-2024Annual accounts filed
21-11-2023Resignation: Marnix Foré (statutory manager)
23-08-2023Resignation: Godelieve Boelens (director)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Sawmilling and planing of woodNACE 16110
Founded: 15-12-2005
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 10

Who signs: Each director alone
Annual meeting: 30 June at 20:00
Purpose: “De uitbating van een onderneming van timmer- en schrijnwerk voor gebouwen;voor het…” (deed in Dutch)

Go to Articles of association

Key facts about FORE MARNIX & CO

What is the company number of FORE MARNIX & CO?: 0878.159.014. In Belgium the VAT number is the company number with BE in front: BE 0878.159.014.
Where is FORE MARNIX & CO based?: The registered office is at Ringlaan 52, 9900 Eeklo.Company details
What does FORE MARNIX & CO do?: According to the KBO register, the main activity is sawmilling and planing of wood (NACE 16110).
What is the legal form of FORE MARNIX & CO?: Private limited company (BV).
When was FORE MARNIX & CO founded?: On 15-12-2005.
Is FORE MARNIX & CO still active?: Yes, FORE MARNIX & CO is an active enterprise in the KBO register.
How many employees does FORE MARNIX & CO have?: On average 19.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FORE MARNIX & CO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is FORE MARNIX & CO profitable?: In financial year 2025, FORE MARNIX & CO made a profit of €257,560.
Where can I find the annual accounts of FORE MARNIX & CO?: FORE MARNIX & CO filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FORE MARNIX & CO due?: By 31-07-2027, for financial year 2026.Timeline