FORGE FITNESS

Active

Private limited companyfounded 20251 yr activeNijverheidslaan 21, 9250 Waasmunster, BelgiumKBO/BCE: BE 1019.866.710

FORGE FITNESS has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €2k. Its solvency ranks better than 55% of 2295 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2025

68 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability79

Solvency58

Growth-

Track record67

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 93

Relative position

BE, all sectors

reference

Sector 93

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

1 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€7k

Total assets

€20k

Net result

€2k

Working capital

€-7k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €19k

73.0%

27.0%

Fixed assets €14k

Current assets €5k

Equity and liabilities €20k

33.4%

66.6%

Equity €7k

Debt €13k

Debt finances 66.6% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€6k

Cash flow

€5k

Solvency

33.4%

Current ratio

0.42

Quick ratio

0.42

Debt / equity

1.99

ROE

24.4%

ROA

8.2%

Interest coverage

16.86

Debt

€13k

Debt ≤ 1 year

€12k

Debt > 1 year

€1k

Income taxes

€444

Staff costs

€14k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€20k

Formation expenses20€1k

Fixed assets21/28€14k

Intangible fixed assets21€14k

Current assets29/58€5k

Amounts receivable within one year40/41€160

Trade receivables40€15

Other amounts receivable41€145

Cash at bank and in hand54/58€4k

Deferred charges and accrued income490/1€398

Equity and liabilities

Total equity and liabilities10/49€20k

Equity10/15€7k

Contributions10/11€5k

Profit (loss) carried forward14€2k

Amounts payable17/49€13k

Amounts payable after more than one year17€1k

Financial debts170/4€1k

Amounts payable within one year42/48€12k

Current portion of amounts payable after more than one year42€6k

Trade debts44€6k

Suppliers440/4€6k

Taxes, remuneration and social security45€662

Taxes450/3€459

Remuneration and social security454/9€203

Other amounts payable47/48€71

Income statement Code2025

Remuneration, social security and pensions62€14k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k

Other operating charges640/8€2k

Gross operating margin9900€22k

Operating profit (loss)9901€2k

Financial income75/76B€47

Recurring financial income75€47

Financial charges65/66B€328

Recurring financial charges65€328

Profit (loss) for the period before taxes9903€2k

Income taxes67/77€444

Profit (loss) for the period9904€2k

Profit (loss) for the period to be appropriated9905€2k

Appropriation of the result

Profit (loss) to be appropriated9906€2k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

30-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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