Equity
€267,944 ▲ 29.0%
FOREL has made a profit in every financial year since 2021.
FOREL
Lifetime
5 annual accounts with figures on one time axispeak €99,762 (2023)
€83,953▲ 6.7%
peak €72,957 (2023)
€60,162▼ 4.4%
peak €267,944 (2025)
€267,944▲ 29.0%
€218,910▼ 37.2%
Board1 name since 2020
1 directorVAN HOOF Ellen Madeleine Marcel
Documentsfilings and deeds
19-08-202619 days late
2025micro format
Equity from €207,782 to €267,944Debts from €348,515 to €218,910Cash from €63,606 to €1,294
Key points
from the 2025 annual accountsFilings
5 annual accounts 2 late
The 2021 accounts came latest: 30 days after the end of the period.
Position in the sector
€60,162
Higher net result than 90% of companies in sports and recreation. Sector median €3,711 · 2,875 companies.
Checked score
85
Excellent
Financially stronger than 65% of micro companies in sports and recreation (NACE 93)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,268 companies (NACE 93, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
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: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged 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 12-2025lowest value
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: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.4%● unchanged vs 09-2026highest value
11-2026: 0.4%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.33, cash €1,294, halved
Founded in 2020
lowers risk
Sector: Sports, amusement and recreation activities (NACE 93)
Size: total assets €486,854
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 93, micro). It does better than 70% of them on solvency, 41% on liquidity, 75% on profitability and 76% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Credit verdict
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.33 (0.59 in 2024), below 1. Short-term debt is 17.5% and cash 0.3% of total assets. 45% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
19 days late
2024
15 days early
2023
14 days early
2022
108 days early
2021
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 18 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% 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 18 July (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN HOOF Ellen Madeleine Marcel 100 sharesdeed of 23-12-2020
Shares in 1 company, INSILENCIO
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0760307279
Registered office moved from Wilrijk to Kontich
New registered office: Groeningenlei 138, 2550 Kontich · Previous registered office: Hoge Aardstraat 117, 2610 Wilrijk (Antwerpen) · General meeting of 05-07-2022 · Gazette deed
First establishment
Groeningenlei 138, Kontich
Incorporation
Founding capital of €1,000, 100 shares · Founder: VAN HOOF Ellen Madeleine Marcel (oprichter/inbrenger) · Appointment: VAN HOOF Ellen Madeleine Marcel (director) · published on 23-12-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FOREL Kontich | €486,854 | €83,953 | 55.0% | - |
| Castaneahof Essen | €434,827 | €91,119 | 9.9% | - |
| Bar Fit Herent | €386,672 | €83,181 | 7.4% | - |
| PADEL PARK 37 Braine-le-Château | €404,102 | €105,146 | 73.0% | - |
| YOR ROY & CO Antwerp | €478,993 | €86,467 | 42.0% | - |
| Campies Company Antwerp | €531,075 | €112,510 | 42.0% | - |
| AG PROJETS Stoumont | €639,940 | €91,469 | -6.4% | - |
These companies have the same main activity as FOREL: other sports activities (NACE 93199). They are comparable in size and age: total assets between €387,000 and €640,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 20-12-2020Normal situation
- Activity
- Other sports activitiesNACE 93199and 5 others
- Establishment unit
- 2.311.517.2252550 Kontich, since 02-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 03-09-2025
Insights on FOREL
FOREL files the micro format. That format states no turnover. The gross margin rose from €70,945 in 2021 to €83,953 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 FOREL
- What is the company number of FOREL?
- The company number of FOREL is 0760.307.279. The VAT number is the same number with BE in front: BE 0760.307.279.
- Where is FOREL based?
- The registered office is at Groeningenlei 138, 2550 Kontich.Company details
- What does FOREL do?
- According to the KBO register, the main activity is other sports activities (NACE 93199).
- What is the legal form of FOREL?
- FOREL is a private limited company (BV).
- When was FOREL founded?
- FOREL was founded on 20-12-2020.
- Is FOREL still active?
- Yes, FOREL is an active enterprise in the KBO register.
- What is the turnover of FOREL?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €83,953 and 2,666 comparable companies of the same size. It probably lies between €170,000 and €440,000. It is a rough estimate.Financials
- Is FOREL profitable?
- In financial year 2025, FOREL made a profit of €60,162.
- Where can I find the annual accounts of FOREL?
- FOREL filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FOREL due?
- FOREL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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