ForestMusic

Active

Private limited companyfounded 2014active for 12 yearsOudenbos 28, 3202 Aarschot, BelgiumKBO/BCE: BE 0553.925.527

From the official registers: KBO 12 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ForestMusic has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,241 and a net result of -€1,164. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 77% of 2,477 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

ForestMusicActiveChecked score 94/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 19-06-2014 Normal situation
Legal form: Private limited company
Registered office: Oudenbos 28, 3202 Aarschot
Activity: Performing arts by independent artists NACE 90201
Establishment unit: 2.232.096.890 3202 Aarschot, since 19-06-2014
Financial year end: 31 December
Peppol: Reachable since 25-07-2025

Company details

Who decides

Board

Gordts PedroDirector

Board & ownership

How it is doing

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts 2025

Gross margin: €13,395; ▲ 778%
Turnover: ≈ €64,000; estimated
Loss: €1,164; ▼ 84.2%
Equity: €34,241; ▼ 3.3%
Total assets: €43,739; ▼ 21.4%

2025 accounts 63 days early

Filed on 29-05-2026PDF

Financials

Why 94lowers riskSector: Arts creation and performing arts activities (NACE 90)Size: total assets €43,739Liquidity: current ratio 0.82, cash €5,232Equity €34,241 (78.3% of total assets)Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 54% of its sector peers (NACE 90, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100+11

equity 78.3% of total assets

Liquidity 61+21

short-term debt 16.8% · cash 12.0%

Profitability 65+60

return on assets -2.7%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,430 companies, NACE 90, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.4%● unchanged vs 08-2025highest value 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.3 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.82, compared with 0.91 in 2024, below 1; short-term debt: 16.8% and cash: 12% of total assets), and 21.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 90, micro): better than 88% on solvency, 51% on liquidity, 40% on profitability and 39% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises riskneutral

Sector: Arts creation and performing arts activities (NACE 90)

KBO

Size: total assets €43,739

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 0.82, cash €5,232

NBB · annual accounts

Equity €34,241 (78.3% of total assets)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€1,164

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

63 days early

2024

on the day

2023

28 days early

2022

23 days early

2021

3 days early

2020

51 days late

2019

3 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Caution: 2 loss-making years in a rowloss financial year 2025 -€1,164 View
Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Documents

Key facts about ForestMusic

What is the company number of ForestMusic?: 0553.925.527. In Belgium the VAT number is the company number with BE in front: BE 0553.925.527.
Where is ForestMusic based?: The registered office is at Oudenbos 28, 3202 Aarschot.Company details
What does ForestMusic do?: According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
What is the legal form of ForestMusic?: Private limited company (BV).
When was ForestMusic founded?: On 19-06-2014.
Is ForestMusic still active?: Yes, ForestMusic is an active enterprise in the KBO register.
What is the turnover of ForestMusic?: ≈ €64,000 in financial year 2025. Estimated from the gross margin of €13,395: probably between €38,000 and €120,000, based on 30 comparable companies, NACE 902. A rough estimate.Financials
Is ForestMusic profitable?: In financial year 2025, ForestMusic made a loss of €1,164.
Where can I find the annual accounts of ForestMusic?: ForestMusic filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of ForestMusic due?: By 31-07-2027, for financial year 2026.Timeline