FORFOR
ActiveSummary
The computed 12-month bankruptcy probability of FORFOR is 4.9% (elevated). The 2025 annual accounts show equity of €180,130 and a net result of €25,627. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 826 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
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Signals
This company filed its last 3 accounts on average 124 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €103,823 | €65,221 | ▼ 37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,735 | €8,051 | ▲ 70.0% |
| Other operating charges640/8 | - | €214 | - | - |
| Gross operating margin9900 | -€5,762 | €180,082 | €106,310 | ▼ 41.0% |
| Operating profit (loss)9901 | -€6,131 | €71,310 | €33,038 | ▼ 53.7% |
| Financial charges65/66B | - | €479 | €503 | ▲ 5.2% |
| Recurring financial charges65 | €40 | €479 | €503 | ▲ 5.2% |
| Profit (loss) for the period before taxes9903 | -€6,171 | €70,832 | €32,535 | ▼ 54.1% |
| Income taxes67/77 | - | €25,327 | €6,908 | ▼ 72.7% |
| Profit (loss) for the period9904 | -€6,171 | €45,504 | €25,627 | ▼ 43.7% |
| Profit (loss) for the period to be appropriated9905 | -€6,171 | €45,504 | €25,627 | ▼ 43.7% |
| Line | 2019 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €6,417 | €186,274 | €264,724 | ▲ 42.1% |
| Fixed assets21/28 | - | €20,742 | €43,432 | ▲ 109% |
| Tangible fixed assets22/27 | - | €20,742 | €43,432 | ▲ 109% |
| Furniture and vehicles24 | - | €9,104 | €33,484 | ▲ 268% |
| Other tangible fixed assets26 | - | €11,637 | €9,948 | ▼ 14.5% |
| Current assets29/58 | €6,417 | €165,532 | €221,292 | ▲ 33.7% |
| Stocks and contracts in progress3 | - | €4,564 | €2,789 | ▼ 38.9% |
| Stocks30/36 | - | €4,564 | €2,789 | ▼ 38.9% |
| Amounts receivable within one year40/41 | €4,675 | €123,428 | €194,534 | ▲ 57.6% |
| Trade receivables40 | - | €2,608 | - | - |
| Other amounts receivable41 | - | €120,820 | €194,534 | ▲ 61.0% |
| Cash at bank and in hand54/58 | €994 | €37,540 | €23,968 | ▼ 36.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €6,417 | €186,274 | €264,724 | ▲ 42.1% |
| Equity10/15 | €2,659 | €156,421 | €180,130 | ▲ 15.2% |
| Contributions10/11 | €8,830 | €10,000 | €8,082 | ▼ 19.2% |
| Outside capital11 | - | €10,000 | €8,082 | ▼ 19.2% |
| Other1109/19 | - | €10,000 | €8,082 | ▼ 19.2% |
| Reserves13 | - | €2,219 | €2,219 | = |
| Distributable reserves133 | - | €2,219 | €2,219 | = |
| Profit (loss) carried forward14 | -€6,171 | €144,201 | €169,828 | ▲ 17.8% |
| Amounts payable17/49 | €3,758 | €29,853 | €84,594 | ▲ 183% |
| Amounts payable within one year42/48 | €3,758 | €29,853 | €84,516 | ▲ 183% |
| Trade debts44 | €3,510 | €7,729 | €22,267 | ▲ 188% |
| Suppliers440/4 | - | €7,729 | €22,267 | ▲ 188% |
| Taxes, remuneration and social security45 | - | €19,018 | €57,693 | ▲ 203% |
| Taxes450/3 | - | €19,018 | €56,055 | ▲ 195% |
| Remuneration and social security454/9 | - | - | €1,638 | - |
| Other amounts payable47/48 | - | €3,106 | €4,556 | ▲ 46.7% |
| Accrued charges and deferred income492/3 | - | - | €78 | - |
| Line | 2019 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,171 | €45,504 | €25,627 | ▼ 43.7% |
| + Depreciation and write-downs630 | - | €4,735 | €8,051 | ▲ 70.0% |
| Operating cash flow (approximation) | -€6,171 | €50,240 | €33,678 | ▼ 33.0% |
| Investment in fixed assets (approximation) | - | - | -€30,742 | - |
| Change in cash | - | - | -€13,572 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B0359/00C003 | Brussels | 23 m² | - | - |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.