Summary
Forest has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,352 and a net result of €1,341. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 7 accounts on average 26 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)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,891 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €242 | €122 | €132 | €0 | - | - |
| Gross operating margin9900 | -€822 | -€768 | -€548 | -€64 | -€214 | ▼ 235% |
| Operating profit (loss)9901 | -€1,064 | -€889 | -€679 | -€64 | -€214 | ▼ 235% |
| Financial income75/76B | - | - | - | €1,648 | €1,554 | ▼ 5.7% |
| Recurring financial income75 | - | - | - | €1,648 | €1,554 | ▼ 5.7% |
| Financial charges65/66B | €0 | - | - | - | - | - |
| Recurring financial charges65 | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1,064 | -€889 | -€679 | €1,585 | €1,341 | ▼ 15.4% |
| Profit (loss) for the period9904 | -€1,064 | -€889 | -€679 | €1,585 | €1,341 | ▼ 15.4% |
| Profit (loss) for the period to be appropriated9905 | -€1,064 | -€889 | -€679 | €1,585 | €1,341 | ▼ 15.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,117 | €27,106 | €26,427 | €28,012 | €29,352 | ▲ 4.8% |
| Current assets29/58 | €28,117 | €27,106 | €26,427 | €28,012 | €29,352 | ▲ 4.8% |
| Amounts receivable within one year40/41 | €28,077 | €27,066 | €26,387 | €28,012 | €29,352 | ▲ 4.8% |
| Other amounts receivable41 | €28,077 | €27,066 | €26,387 | €28,012 | €29,352 | ▲ 4.8% |
| Cash at bank and in hand54/58 | €40 | €40 | €40 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,117 | €27,106 | €26,427 | €28,012 | €29,352 | ▲ 4.8% |
| Equity10/15 | €27,996 | €27,106 | €26,427 | €28,012 | €29,352 | ▲ 4.8% |
| Contributions10/11 | €35,000 | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Reserves13 | €546 | €546 | €546 | €546 | €546 | = |
| Non-distributable reserves130/1 | €546 | €546 | €546 | €546 | €546 | = |
| Reserves not available under the articles1311 | €546 | €546 | €546 | €546 | €546 | = |
| Profit (loss) carried forward14 | -€7,550 | -€8,439 | -€9,119 | -€7,534 | -€6,193 | ▲ 17.8% |
| Amounts payable17/49 | €122 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €122 | €0 | - | - | - | - |
| Trade debts44 | €122 | €0 | - | - | - | - |
| Suppliers440/4 | €122 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,064 | -€889 | -€679 | €1,585 | €1,341 | ▼ 15.4% |
| Operating cash flow (approximation) | -€1,064 | -€889 | -€679 | €1,585 | €1,341 | ▼ 15.4% |
| Change in cash | - | €0 | €0 | -€40 | - | - |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42027B0308/00C000 | Flanders | 359 m² | 1 · 107 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.