Foret
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Foret is 4.1% (elevated). The 2025 annual accounts show equity of €5,325 and a net result of €325. Its solvency ranks better than 27% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00442107.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 28-08-2026
- Format
- micro format
- Reference
- 2026-00442107
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Companies with the same profile, two years later
Historical observationIn July 2024, 139 companies had the same profile as Foret has now. Two years later, 0.0% had gone bankrupt and 99.3% were still going.
- Small
- under 2 years old
- solvency under 10%
- a profit under 5% of the balance sheet
The bankruptcy probability of Foret itself is higher: 4.1% within 12 months. It rests on far more data about Foret than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 139 companies, not a prediction for Foret. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €296,070 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,381 |
| Other operating charges640/8 | €2,035 |
| Gross operating margin9900 | €347,305 |
| Operating profit (loss)9901 | €3,818 |
| Financial income75/76B | €223 |
| Recurring financial income75 | €223 |
| Financial charges65/66B | €3,717 |
| Recurring financial charges65 | €3,717 |
| Profit (loss) for the period before taxes9903 | €325 |
| Profit (loss) for the period9904 | €325 |
| Profit (loss) for the period to be appropriated9905 | €325 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €243,812 | |
| Fixed assets21/28 | €193,166 | |
| Intangible fixed assets21 | €1,703 | |
| Tangible fixed assets22/27 | €177,470 | |
| Plant, machinery and equipment23 | €108,760 | |
| Furniture and vehicles24 | €34,406 | |
| Other tangible fixed assets26 | €34,303 | |
| Financial fixed assets28 | €13,993 | |
| Current assets29/58 | €50,646 | |
| Stocks and contracts in progress3 | €23,144 | |
| Stocks30/36 | €23,144 | |
| Amounts receivable within one year40/41 | €14,920 | |
| Trade receivables40 | €4,640 | |
| Other amounts receivable41 | €10,280 | |
| Cash at bank and in hand54/58 | €10,998 | |
| Deferred charges and accrued income490/1 | €1,584 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €243,812 | |
| Equity10/15 | €5,325 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €325 | |
| Distributable reserves133 | €325 | |
| Amounts payable17/49 | €238,487 | |
| Amounts payable after more than one year17 | €131,546 | |
| Financial debts170/4 | €61,546 | |
| Other amounts payable178/9 | €70,000 | |
| Amounts payable within one year42/48 | €105,346 | |
| Current portion of amounts payable after more than one year42 | €14,840 | |
| Trade debts44 | €65,478 | |
| Suppliers440/4 | €65,478 | |
| Taxes, remuneration and social security45 | €25,028 | |
| Taxes450/3 | €1,511 | |
| Remuneration and social security454/9 | €23,517 | |
| Accrued charges and deferred income492/3 | €1,594 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €325 |
| + Depreciation and write-downs630 | €45,381 |
| Operating cash flow (approximation) | €45,705 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00442107 | NBB |
Comparable companies
These companies have the same main activity as Foret: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €209,000 and €257,000, founded between 2024 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| Foret Stekene | 2024 | €243,812 | €5,325 | €347,305 | €325 | - | 2025 |
| DUINENHOEVE Bredene | 2024 | €253,143 | €223,295 | €365,970 | €218,295 | - | 2025 |
| Le Traquenard Seraing | 2024 | €254,054 | -€10,718 | €348,098 | -€12,218 | - | 2025 |
| Très Belge Olen | 2025 | €236,311 | €25,744 | €352,653 | -€34,256 | 19.1 | 2025 |
| Mason Kapellen | 2025 | €254,915 | €20,000 | €355,240 | €53,699 | - | 2025 |
| B2-Messancy Messancy | 2025 | €256,961 | €18,547 | €361,966 | €20,547 | - | 2025 |
| Ert23 Antwerpen | 2024 | €208,597 | €73,411 | €362,093 | €68,411 | 8.7 | 2025 |
They were chosen from the 12,110 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.