Summary
FORESCO has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €4.3m and a net result of -€4.3m. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 29% of 4628 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
1 d late
2022
25 d early
2021
24 d late
2020
101 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€1.6m▲ 10.4%
2023 · €1.4m
EBIT margin
-0.5%▼ 13.8pp
2023 · 13.3%
Net result
-€4.3m▼ 270%
2023 · -€1.2m
Working capital
-€11.7m▲ 6.3%
2023 · -€12.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€516,000▲ 31.8%€801,000▲ 55.2%€1.4m▲ 76.8%€1.4m=€1.6m▲ 10.4%
Operating result€15,195▼ 90.4%€485,791▲ 3,097%€909,946▲ 87.3%€188,549▼ 79.3%-€7,646
Net result€117,852within the sector's middle half€292,209above the sector's middle half▲ 148%€521,904above the sector's middle half▲ 78.6%-€1.2mbelow the sector's middle half-€4.3mbelow the sector's middle half▼ 270%
EBIT margin2.9%▼ 37.7pp60.6%▲ 57.7pp64.2%▲ 3.6pp13.3%▼ 50.9pp-0.5%▼ 13.8pp
Equity€21.2mabove the sector's middle half▲ 0.6%€21.5mabove the sector's middle half▲ 1.4%€22.0mabove the sector's middle half▲ 2.4%€20.9mabove the sector's middle half▼ 5.3%€4.3mabove the sector's middle half▼ 79.6%
Total assets€34.7mabove the sector's middle half=€35.3mabove the sector's middle half▲ 1.5%€37.6mabove the sector's middle half▲ 6.6%€37.3mabove the sector's middle half▼ 0.7%€16.9mabove the sector's middle half▼ 54.7%
Debt€13.5m▼ 0.8%€13.8m▲ 1.7%€15.6m▲ 13.0%€16.5m▲ 5.8%€12.6m▼ 23.2%
Working capital-€13.3mbelow the sector's middle half▼ 0.6%-€10.2mbelow the sector's middle half▲ 23.5%-€11.6mbelow the sector's middle half▼ 13.7%-€12.5mbelow the sector's middle half▼ 8.0%-€11.7mbelow the sector's middle half▲ 6.3%
Solvency61.1%within the sector's middle half▲ 0.3pp61.0%within the sector's middle half▼ 0.1pp58.6%within the sector's middle half▼ 2.4pp55.9%within the sector's middle half▼ 2.7pp25.2%within the sector's middle half▼ 30.7pp
Current ratio0.02below the sector's middle half=0.05below the sector's middle half▲ 0.040.08below the sector's middle half▲ 0.020.07below the sector's middle half▼ 0.010.07below the sector's middle half=
Return on assets (ROA)0.3%within the sector's middle half▲ 0.4pp0.8%within the sector's middle half▲ 0.5pp1.4%within the sector's middle half▲ 0.6pp-3.1%below the sector's middle half▼ 4.5pp-25.3%below the sector's middle half▼ 22.2pp
Staff (FTE)1below the sector's middle half1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=3within the sector's middle half▲ 200%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7,646 after €188,549 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16.9m
Fixed assets
€16.0m ▼ 56.1%
Current assets
€947,276 ▼ 3.5%
Equity and liabilities €16.9m
Equity
€4.3m ▼ 79.6%
Debt
€12.6m ▼ 23.2%
Debt's share of the balance-sheet total rises from 44.1% to 74.8%. Equity and debt are lower.
Key figures and ratios
ROE
-100.3%▼
2023 · -5.5%
Debt ≤ 1 year
€12.6m▼
2023 · €13.5m
Income taxes
€50,757▲
2023 · -€50,000
Staff costs
€235,045▲
2023 · €93,256
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €801,237 | €1.4m | €1.4m | €1.6m | ▲ 10.4% |
| Turnover70 | €516,000 | €801,000 | €1.4m | €1.4m | €1.6m | ▲ 10.4% |
| Other operating income74 | - | €237 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €331 | - |
| Operating charges60/66A | - | €315,446 | €506,475 | €1.2m | €1.6m | ▲ 28.0% |
| Services and other goods61 | - | €234,731 | €420,946 | €1.1m | €1.3m | ▲ 17.4% |
| Remuneration, social security and pensions62 | - | €78,616 | €82,608 | €93,256 | €235,045 | ▲ 152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,324 | €1,058 | €1,889 | €1,813 | €6,792 | ▲ 275% |
| Other operating charges640/8 | - | €1,031 | €1,032 | €1,302 | €1,201 | ▼ 7.7% |
| Non-recurring operating charges66A | - | €11 | - | - | - | - |
| Operating profit (loss)9901 | €15,195 | €485,791 | €909,946 | €188,549 | -€7,646 | ▼ 104% |
| Financial income75/76B | - | €32,081 | €47,117 | €207,866 | €63,432 | ▼ 69.5% |
| Recurring financial income75 | €30,434 | €32,081 | €47,117 | €207,866 | €63,432 | ▼ 69.5% |
| Income from financial fixed assets750 | - | €32,081 | €46,948 | €207,866 | €63,431 | ▼ 69.5% |
| Other financial income752/9 | - | - | €169 | €0 | €0 | ▼ 50.0% |
| Financial charges65/66B | - | €202,682 | €244,758 | €1.6m | €4.3m | ▲ 167% |
| Recurring financial charges65 | €199,635 | €202,682 | €244,758 | €844,214 | €531,561 | ▼ 37.0% |
| Debt charges650 | €199,513 | €202,537 | €212,541 | €807,464 | €531,348 | ▼ 34.2% |
| Other financial charges652/9 | - | €145 | €32,218 | €36,750 | €213 | ▼ 99.4% |
| Non-recurring financial charges66B | - | - | - | €759,319 | €3.8m | ▲ 394% |
| Profit (loss) for the period before taxes9903 | €117,852 | €315,190 | €712,304 | -€1.2m | -€4.2m | ▼ 250% |
| Income taxes67/77 | - | €22,981 | €190,400 | -€50,000 | €50,757 | ▲ 202% |
| Taxes670/3 | - | €22,981 | €190,400 | - | €50,757 | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €50,000 | - | - |
| Profit (loss) for the period9904 | €117,852 | €292,209 | €521,904 | -€1.2m | -€4.3m | ▼ 270% |
| Profit (loss) for the period to be appropriated9905 | €117,852 | €292,209 | €521,904 | -€1.2m | -€4.3m | ▼ 270% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34.7m | €35.3m | €37.6m | €37.3m | €16.9m | ▼ 54.7% |
| Fixed assets21/28 | €34.5m | €34.7m | €36.6m | €36.3m | €16.0m | ▼ 56.1% |
| Intangible fixed assets21 | €369 | - | - | €8,552 | €4,087 | ▼ 52.2% |
| Tangible fixed assets22/27 | - | €4,407 | €4,657 | €2,844 | €517 | ▼ 81.8% |
| Furniture and vehicles24 | - | €4,407 | €4,657 | €2,844 | €517 | ▼ 81.8% |
| Financial fixed assets28 | €34.5m | €34.7m | €36.6m | €36.3m | €16.0m | ▼ 56.1% |
| Affiliated companies280/1 | - | €34.7m | €36.6m | €36.3m | €16.0m | ▼ 56.1% |
| Participating interests280 | - | €32.0m | €33.5m | €32.8m | €15.0m | ▼ 54.2% |
| Amounts receivable281 | - | €2.7m | €3.1m | €3.5m | €926,250 | ▼ 73.6% |
| Current assets29/58 | €245,789 | €590,699 | €996,291 | €981,665 | €947,276 | ▼ 3.5% |
| Amounts receivable within one year40/41 | €185,684 | €192,765 | €993,591 | €888,450 | €882,278 | ▼ 0.7% |
| Trade receivables40 | - | - | €943,360 | - | €77,144 | - |
| Other amounts receivable41 | - | €192,765 | €50,231 | €888,450 | €805,134 | ▼ 9.4% |
| Cash at bank and in hand54/58 | €57,214 | €395,033 | - | €90,191 | €61,411 | ▼ 31.9% |
| Deferred charges and accrued income490/1 | - | €2,901 | €2,700 | €3,024 | €3,588 | ▲ 18.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34.7m | €35.3m | €37.6m | €37.3m | €16.9m | ▼ 54.7% |
| Equity10/15 | €21.2m | €21.5m | €22.0m | €20.9m | €4.3m | ▼ 79.6% |
| Contributions10/11 | €21.4m | €21.4m | €21.4m | €21.4m | €2.6m | ▼ 87.8% |
| Capital10 | - | €21.4m | €21.4m | €21.4m | - | - |
| Issued capital100 | - | €21.4m | €21.4m | €21.4m | - | - |
| Revaluation surpluses12 | - | - | - | - | €6.0m | - |
| Reserves13 | - | €14,610 | €40,706 | €40,706 | €4,954 | ▼ 87.8% |
| Non-distributable reserves130/1 | - | €14,610 | €40,706 | €40,706 | - | - |
| Legal reserve130 | - | €14,610 | €40,706 | €40,706 | - | - |
| Distributable reserves133 | - | - | - | - | €4,954 | - |
| Profit (loss) carried forward14 | -€232,096 | €45,503 | €541,312 | -€615,807 | -€4.4m | ▼ 607% |
| Amounts payable17/49 | €13.5m | €13.8m | €15.6m | €16.5m | €12.6m | ▼ 23.2% |
| Amounts payable after more than one year17 | - | €3.0m | €3.0m | €3.0m | - | - |
| Financial debts170/4 | - | €3.0m | €3.0m | €3.0m | - | - |
| Unsubordinated bonds171 | - | €3.0m | - | - | - | - |
| Other loans174 | - | - | €3.0m | €3.0m | - | - |
| Amounts payable within one year42/48 | €13.5m | €10.8m | €12.6m | €13.5m | €12.6m | ▼ 6.1% |
| Financial debts43 | - | - | €2,747 | - | - | - |
| Credit institutions430/8 | - | - | €2,747 | - | - | - |
| Trade debts44 | €17,772 | €37,945 | €97,229 | €65,262 | €44,259 | ▼ 32.2% |
| Suppliers440/4 | - | €37,945 | €97,229 | €65,262 | €44,259 | ▼ 32.2% |
| Taxes, remuneration and social security45 | - | €41,678 | €223,533 | €75,481 | €48,977 | ▼ 35.1% |
| Taxes450/3 | - | €32,099 | €213,453 | €65,400 | €21,820 | ▼ 66.6% |
| Remuneration and social security454/9 | - | €9,579 | €10,080 | €10,081 | €27,157 | ▲ 169% |
| Other amounts payable47/48 | - | €10.7m | €12.2m | €13.3m | €12.5m | ▼ 5.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €117,852 | €292,209 | €521,904 | -€1.2m | -€4.3m | ▼ 270% |
| + Depreciation and write-downs630 | €4,324 | €1,058 | €1,889 | €1,813 | €6,792 | ▲ 275% |
| Operating cash flow (approximation) | €122,176 | €293,267 | €523,793 | -€1.2m | -€4.3m | ▼ 270% |
| Investment in fixed assets (approximation) | - | -€177,596 | -€1.9m | €231,864 | €20.4m | ▲ 8,692% |
| Change in cash | - | €337,819 | - | - | -€28,780 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
16-07
State Gazette act
MiscellaneousFinancial instrument · Capital increase · Power of attorney7 facts ▸
State Gazette act
Miscellaneous
Financial instrument · Capital increase · Power of attorney7 facts ▸
- General meeting, 25-06-2026
- Other statement, Kennisname van de verslaggeving, EERSTE BESLISSING
- Financial instrument, 1, uitgiftemodaliteiten en uitoefeningsvoorwaarden vastgesteld in het verslag van het bestuursorgaan
- Other statement, Afstand van het voorkeurrecht, DERDE BESLISSING
- Financial instrument, inschrijving, VIERDE BESLISSING
- Capital increase
- Power of attorney
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 70 days late
2024
31-12
Financial
Weakest financial yearnet -€4.3m
Net result drops to -€4.3m, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 1 day late
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €521,904 ▲78.6%
Operating result €909,946, net result €521,904, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 101 days late
2020
31-12
Financial
Back to profitnet €117,852
Net result €117,852 after 2 loss-making years.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
16 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2013
Ground area
8.9 ha
Building footprint
2.2 ha
Volume, LiDAR
68,466 m³
3 parcels, Flanders · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Dynamica
since 20132.223.638.589
Eikelaarstraat 32, 3600 Genk
since 20202.300.484.860
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71304E0594/00P000 | Flanders | 6.7 ha | 1 · 1.5 ha | - |
| 11463D0268/00E000 | Flanders | 1.4 ha | 1 · 5,824 m² | 11.3 m · 3 fl. |
| 11463D0264/00S000 | Flanders | 7,898 m² | 1 · 1,188 m² | 12.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Heads the group
FORESCO
21 companies
Group, risk and exposure
Owners and holdings
2 owners · 1 holding · 38 subsidiaries in the treeOwners 2
- Sourceown accounts 202450%
- Sourceown accounts 202450%
Holdings 1
-
95%
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
66.67%
All subsidiaries, including indirect ones 38
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
FORESCO GROUP 95%37 subsidiaries
Foresco BE 100%36 subsidiaries
- ANKER PALETTENDE 100%
- CAISSERIES BELLE VUE 100%
- CBV MAINTENANCE 100%
- CROWN OF BAKEM 100%
- CROWN OF JUKEM 100%
- De Haan PalletindustrieNL 100%
- FORESCO AALTER SORT & REPAIR 100%
- FORESCO ASSENNL 100%
- FORESCO DONGENNL 100%
- FORESCO DONGEN SORT & REPAIRNL 100%
- FORESCO HASSELTNL 100%
- FORESCO MUSSELKANAALNL 100%
- FORESCO PALLET RECYCLING 100%
- FORESCO PALLET RECYCLING (NL)NL 100%
- FORESCO PALLETS 100%
- Foresco TransportNL 100%
- Foresco Transport BE 100%
- FORESCO VALKENSWAARDNL 100%
- Handelsmaatschappij ReboNL 100%
- LEBECK 100%
- LEBECK LUXEMBOURG 100%
- PALETTEN ANDRIES 100%
- PalletcentraleNL 100%
- Palletcentrale GroepNL 100%
- Palletcentrale Noord-HollandNL 100%
- Palletcentrale ProductieNL 100%
- Palletcentrale RotterdamNL 100%
PALLETS.BE 100%5 subsidiaries
- BEDRIJVENCENTRUM ZONHOVEN 100%
- BENEDCO 100%
- Benedco B.VNL 100%
- ECO-PACK PALLETS 100%
- FORESCO SORT & REPAIR 100%
- Van Havere BVNL 100%
According to the 2024 annual accounts of FORESCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Identification & contact
Identification
Legal formPrivate limited company
Founded01-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0536390796
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.