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FOREST & LAKES

Active
Public limited companyfounded 198838 years activeAmbachtsweg 29A, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0435.361.140
Summary

FOREST & LAKES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of FOREST & LAKES were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €179,347 and a net result of €24. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 38% of 6,174 sector peers (NACE 64, fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
#7 oldest company in Merelbeke-Melle, Finance and insurance sector1 site
Size
€463,245total assets 2024
Equity
€179,347
Profit
€24
Turnover not published (abridged schema)
Financial health
Financial institution: outside the modelProbability: sector outside the model
Structure
Accounts 69 days overdue0 of 2 deeds read
Signals- Filed more than 90 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2026, 362 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
362 days late
2023
705 days late
2022
758 days late
2021
78 days late
2020
438 days late
2019
797 days 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 523 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Caution: Among the weakest 20% on net resultsector median €54,098 · 6,169 companies €24 View
  • Positive: 7 profitable years in a rowprofit 2024: €24 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€463,245
Profit
€24
Solvency
38.7%
Total assets▼ 0.5%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2017
  1. 31-12-2024Weakest financial year
  2. 17-10-2022Annual accounts filed
  3. 12-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Activities of holding companiesNACE 64210
Founded
22-09-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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