Summary
FOREEST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.9m and a net result of €281,818. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 23% of 3,016 sector peers (NACE 64, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FOREEST
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bij enkel besluit, mits inachtneming van alle wetten en taaldecreten” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering, steeds beëindigbaar wegens wettige reden,zonder opzeggingstermijn of vertrekvergoeding” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of March at 14:00