Skip to content

Forêt & partners

Active Private limited companyfounded 1992active for 34 yearsTerhulpsesteenweg 181, 1170 Watermael-BoitsfortKBO/BCE: BE 0446.497.037

Lifetime

19 annual accounts with figures on one time axis, 33 filings since 1992
peak €66,413 (2006)
€6,778▼ 30.8%
lowest -€28,932 (2014)
€5,164▼ 40.0%
peak €69,759 (2013)
€2,070▲ €5,164
€9,734▼ 51.6%
peak 0.2 FTE (2008)
-not published
Board2 names since 2007
Documentsfilings and deeds
05-09-202536 days late
2024micro format
Gross margin from €9,789 to €6,778Result from €8,606 to €5,164Capital conversion · Purpose change · Amendment of the articl… 11-01Equity from -€3,094 to €2,070Debts from €20,097 to €9,734

Key points

from the 2024 annual accounts

Equity

€2,070 from €69,759 in 2013

Equity fell by 97% in 11 years.

Turnover

≈ €40,000 estimated

The micro format states no turnover.

Debts

€9,734 82% of the balance sheet
Suppliers 2%Taxes and wages 11%Other 87%

Filings

33 annual accounts 103 days past the deadline
AprilJune31 JulyOctober200020102020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€2,070

Less equity than 94% of companies in legal and accounting. Sector median €96,623 · 15,190 companies.

Checked score

56
Fair
Financially stronger than 59% of micro companies in legal and accounting (NACE 69)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 20,104 companies (NACE 69, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

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

Financial strength
Strong

43+36equity 17.5% of total assets
55+17short-term debt 82.5% · cash 43.3%
100=return on assets 43.7%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 09-09-2025)
lowers risk
Sector: Legal and accounting activities (NACE 69)
Size: total assets €11,805
Liquidity: current ratio 1.20, cash €5,109
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 69, micro). It does better than 21% of them on solvency, 39% on liquidity, 82% on profitability and 94% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 3,818 companies had the same profile as Forêt & partners has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Forêt & partners itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,818 companies, not a prediction for Forêt & partners. 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.

Credit verdict

No publishable credit limit, so credit only on tighter terms

Liquidity is tight, with a current ratio of 1.2 (0.83 in 2023), below the usual 1.5. Short-term debt is 82.5% and cash 43.3% of total assets. 82.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
raises risk · Figures for financial year 2024 (filed on 09-09-2025)
NBB · annual accounts
lowers risk · Size: total assets €11,805
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.20, cash €5,109
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 15183 sector peers (2024).
NBB · sector comparison
Position among 15183 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 36 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-09-2025, 36 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
36 days late
2023
6 days late
2022
18 days late
2021
31 days early
2020
24 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 14 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • Rosane MISTIAEN 750 sharesdeed of 09-11-2026
  • Anne-Françoise FORÊT 250 sharesdeed of 09-11-2026
  • Jean-Louis FORÊT 250 sharesdeed of 09-11-2026
and 1 other shareholderBoard & ownership

Recent changes

Registered office moved from Uccle to Watermael-Boitsfort New registered office: Chaussée de La Hulpe 181/24, 1170 Watermael-Boitsfort · Previous registered office: Avenue Jean et Pierre Carsoel 133 boîte 1, 1180 Uccle · Appointment: Marc LIBERT (director) · Board meeting of 13-10-2026 · Gazette deed
Capital conversion · Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments Reappointment: FORÊT Philippe Léon François (sole director) · Resignation: FORÊT Philippe Léon François (director) · Appointment: FORÊT Philippe Léon François (director) · General meeting of 29-12-2023 · Gazette deed
First establishment Jean en Pierre Carsoellaan 133, Uccle
Incorporation published on 21-02-1992 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
Forêt & partners Watermael-Boitsfort €11,805 €6,778 17.5% -
LEBUTTE AVOCAT Forest €9,133 €9,111 -485.0% -
MENSCHAERT,AVOCAT Ixelles €9,775 €5,957 -164.6% -
ALAIN BARTHOLOMEEUSEN Auderghem €9,877 €11,460 -1089.4% -
B.V.B.A. TRUYERS EN RACHELS ADVOCATENKANTOOR Heusden-Zolder €12,502 €9,242 -48.9% -
Advokatenkantoor Cans Landen €13,884 €8,645 -263.8% -
VAN CAUWENBERGHE - LEMAL Charleroi €5,188 €5,278 -465.6% -

These companies have the same main activity as Forêt & partners: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €5,190 and €13,900, founded between 1990 and 2005.

Official details

Source: KBO
Status
Active since 30-01-1992Normal situation
Registered office
147 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Activities of lawyersNACE 69101
Establishment unit
2.224.933.4411180 Uccle, since 10-02-1992
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

€11,805▼ 30.6%
Filing
Filed on 05-09-2025
Financials

Insights on Forêt & partners

Forêt & partners files the micro format. That format states no turnover. The gross margin fell from €66,413 in 2006 to €6,778 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Forêt & partners

What is the company number of Forêt & partners?
The company number of Forêt & partners is 0446.497.037. The VAT number is the same number with BE in front: BE 0446.497.037.
Where is Forêt & partners based?
The registered office is at Terhulpsesteenweg 181, 1170 Watermael-Boitsfort.Company details
What does Forêt & partners do?
According to the KBO register, the main activity is activities of lawyers (NACE 69101).
What is the legal form of Forêt & partners?
Forêt & partners is a private limited company (BV).
When was Forêt & partners founded?
Forêt & partners was founded on 30-01-1992.
Is Forêt & partners still active?
Yes, Forêt & partners is an active enterprise in the KBO register.
What is the turnover of Forêt & partners?
The turnover in financial year 2024 is ≈ €40,000. This figure is estimated from the gross margin of €6,778 and 35 comparable companies (NACE 691). It probably lies between €22,000 and €90,000. It is a rough estimate.Financials
Is Forêt & partners profitable?
In financial year 2024, Forêt & partners made a profit of €5,164.
Where can I find the annual accounts of Forêt & partners?
Forêt & partners filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.