Checked.be · Company dossierhttps://checked.be/en/c/forest-lakes-0435361140 · as of 08-10-2026
FOREST & LAKES
Active
Public limited company · founded 1988 · 38 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.
#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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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.
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.
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)
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neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
Annual accounts filedfiscal year 2024 · abbreviated…
Annual accounts filedfiscal year 2023 · abbreviated…
Annual accounts filedfiscal year 2022 · micro…
Key points
Caution: Accounts not fileddeadline was 31-07-202669 days lateView
Caution: Among the weakest 20% on net resultsector median €54,098 · 6,169 companies€24View
Positive: 7 profitable years in a rowprofit 2024: €247 yearsView