Forest 1
ActiveSummary
Forest 1 has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.1m and a net result of €216,716. Equity has been stable since 2021 (±1.3% per year). Its solvency ranks better than 68% of 5,801 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 15-12-2020 Normal situation
- Registered office
- 48 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
- Establishment unit
- 2.314.142.757 1050 Elsene, since 15-12-2020
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- TUBIN EricDirector · since 01-05-2021
- Valentin AUDRITDirector
- Baudouin DemeureDirector
- Swiss Life BelCo100%· score 66annual accounts 2025
- SWISSLIFE ASSURANCE ET PATRIMOINEconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Turnover
- €1.5m
- ▼ 6.6%
- Profit
- €216,716
- ▼ 13.2%
- Equity
- €18.1m
- ▲ 1.2%
- Total assets
- €29.6m
- ▼ 0.7%
Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 11.81, cash €719,851lowers riskSector: Real estate activities (NACE 68)Size: turnover €1.5m, total assets €29.6mShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, medium-sized). It does better than 77% of them on solvency, 77% on liquidity, 83% on profitability and 39% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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Signals
The company filed its last 5 accounts on average 37 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved from Ixelles to BruxellesNew seat: Rue Royale 52, 1000 Bruxelles · Previous seat: Avenue Louise 235, 1050 Ixelles · Reappointments: Baudouin Demeure, Valentin Audrit and Thomas Biliaud
- · Gazette deed Resignation: Mohamed Oubial (director)Appointment: Valentin Audrit (director)
- · Gazette deed Reappointment: PwC Reviseurs d'Entreprises (commissaire aux comptes)
Comparable companies
These companies have the same main activity as Forest 1: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €21m and €34m, founded between 2018 and 2022.
| Company | Total assets | Turnover |
|---|---|---|
| Forest 1 Brussel | €29.6m | €1.5m |
| Forest 3 Brussel | €30.8m | €1.4m |
| Forest 2 Brussel | €33.3m | €1.6m |
| Poincaré Brussel | €24.1m | €1.3m |
| RLST Brussel | €34.0m | €0.9m |
| SA Rue de la Loi Brussel | €25.2m | €1.0m |
| WORK INVESTMENT VEHICLE Oudergem | €20.8m | €1.5m |
Key facts about Forest 1
- What is the company number of Forest 1?
- The company number of Forest 1 is 0759.795.753. The VAT number is the same number with BE in front: BE 0759.795.753.
- Where is Forest 1 based?
- The registered office is at Koningsstraat 52, 1000 Brussel.Company details
- What does Forest 1 do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Forest 1?
- The legal form of Forest 1 is Public limited company (NV).
- When was Forest 1 founded?
- Forest 1 was founded on 15-12-2020.
- Is Forest 1 still active?
- Yes, Forest 1 is an active enterprise in the KBO register.
- What is the turnover of Forest 1?
- The turnover of Forest 1 was €1.5m in financial year 2025, according to the filed annual accounts.Financials
- Is Forest 1 profitable?
- In financial year 2025, Forest 1 made a profit of €216,716.
- Where can I find the annual accounts of Forest 1?
- Forest 1 filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Forest 1 due?
- Forest 1 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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