FORKOT

Active

Private limited companyfounded 20214 yrs activeJean-Baptiste Meunierstraat 10, 1050 Elsene, BelgiumKBO/BCE: BE 0776.681.077

The computed 12-month bankruptcy probability of FORKOT is 6.0% (elevated). The 2024 annual accounts show equity of €30k and a net result of €21k. Equity is growing by ~178.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

34 / 100

Weak

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

Axes · tick = 2023

Profitability73▲+7

Solvency30▼-7

Growth78=

Track record94

Bankruptcy probability, 12 months

6.0% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity tight (current ratio 1.05 against 1.14 in 2023; short-term debt: 95.2% and cash: 1.3% of total assets), and 95.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

4.8%

Return on assets

3.5%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

5 d late

2023

30 d late

2022

32 d late

← 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 2024, micro schema

Equity

€30k▲ 265%

2023 · €8k

2022: €603 2023: €8k

2022 → 2024

Total assets

€614k▲ 836%

2023 · €66k

2022: €603 2023: €66k

2022 → 2024

Net result

€21k▲ 186%

2023 · €7k

2022: €-397 2023: €7k

2022 → 2024

Working capital

€28k▲ 250%

2023 · €8k

2023: €8k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€603-€8k▲ 1,241%€30k▲ 265%

Operating result€-369-€10k€29k▲ 200%

Net result€-397-€7k€21k▲ 186%

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

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2024 is 200% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €614k

99.8%

Fixed assets €1k

Current assets €613k

Equity and liabilities €614k

95.2%

Equity €30k▲ 265%

Debt €584k▲ 917%

The debt ratio rises from 87.7% to 95.2%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€29k

Cash flow

€21k

Solvency

4.8%▼

2023 · 12.3%

Current ratio

1.05▼

2023 · 1.14

Quick ratio

0.85▲

2023 · 0.16

Debt / equity

19.80▲

2023 · 7.11

ROE

72.6%▼

2023 · 92.5%

ROA

3.5%▼

2023 · 11.4%

Interest coverage

155.20

Debt

€584k▲

2023 · €57k

Debt ≤ 1 year

€584k▲

2023 · €57k

Income taxes

€7k▲

2023 · €2k

Staff costs

€107k▲

2023 · €32k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€66k€614k▲

Fixed assets21/28-€1k

Tangible fixed assets22/27-€1k

Plant, machinery and equipment23-€1k

Current assets29/58€66k€613k▲

Stocks and contracts in progress3€57k€117k▲

Stocks30/36€57k€117k▲

Amounts receivable within one year40/41€3k€486k▲

Trade receivables40€3k€480k▲

Other amounts receivable41-€6k

Cash at bank and in hand54/58€4k€8k▲

Deferred charges and accrued income490/1€2k€2k▼

Equity and liabilities

Total equity and liabilities10/49€66k€614k▲

Equity10/15€8k€30k▲

Contributions10/11€1k€1k=

Capital10€1k€1k=

Issued capital100€1k€1k=

Profit (loss) carried forward14€7k€29k▲

Amounts payable17/49€57k€584k▲

Amounts payable within one year42/48€57k€584k▲

Trade debts44€46k€570k▲

Suppliers440/4€46k€570k▲

Taxes, remuneration and social security45€11k€14k▲

Taxes450/3€7k€11k▲

Remuneration and social security454/9€5k€3k▼

Income statement Code20232024

Remuneration, social security and pensions62€32k€107k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€32

Other operating charges640/8€1k€945▼

Gross operating margin9900€42k€137k▲

Operating profit (loss)9901€10k€29k▲

Financial charges65/66B€87€184▲

Recurring financial charges65€87€184▲

Profit (loss) for the period before taxes9903€9k€28k▲

Income taxes67/77€2k€7k▲

Profit (loss) for the period9904€7k€21k▲

Profit (loss) for the period to be appropriated9905€7k€21k▲

Appropriation of the result

Profit (loss) to be appropriated9906€7k€29k▲

Profit (loss) brought forward from the previous period14P€-397€7k▲

The notes to these accounts (4 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 5Financial 2Filings 3

2025

05-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 5 days late

2024

31-12

Financial Highest result since 2022net €21k ▲186%

Operating result €29k, net result €21k, both a record.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Back to profitnet €7k

Net result €7k after one loss-making year.

01-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 32 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Elsene · 3 establishment units since 2023

establishment All 3 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Jean-Baptiste Meunierstraat 101050 Elsene

Ground area

3,510 m²

Building footprint

1,181 m²

Volume, LiDAR

20,180 m³

4 parcels, Brussels, Wallonia · tallest building 24.8 m, ±7 floors. Linked by address, not a title deed.

3 establishment units

SHOP EUROPLUS

Rue des Waibes 115B, 6540 LobbesRetail trade

since 20232.348.998.817

FORKOT

Boondaalse Steenweg 2, 1050 ElseneRetail trade

since 20232.348.998.916

Q8 SHOP AND GO

Chaussée de Jolimont(PAU) 103, 7100 La LouvièreRetail sale of automotive fuel

since 20262.387.220.082

4 parcels

Wallonia 2 (50%) Brussels 2 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21443C0059/00B002	Brussels	1,470 m²	1 · 697 m²	24.8 m · 7 fl.
56044B0120/00K002	Wallonia	863 m²	1 · 75 m²	6.2 m · 2 fl.
21447B0310/00N037	Brussels	706 m²	1 · 297 m²	24.2 m · 7 fl.
56033A0003/00R000	Wallonia	471 m²	1 · 112 m²	-