FORKOT
The computed 12-month bankruptcy probability of FORKOT is 5.9% (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 32% of 6676 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €30k |
| Net result | €21k |
| Better than sector | 32% |
| Active | 4 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 4.8% | 20.4% | |
| Net result | €21k | €4k | |
| Equity | €30k | €16k | |
| Gross operating margin | €137k | €24k | |
| Staff costs | €107k | €33k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €29k |
| Net profit | €21k |
| Cash flow | €21k |
| Staff costs | €107k |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €614k |
| Equity | €30k |
| Debt | €584k |
| of which ≤ 1y | €584k |
| of which > 1y | - |
| Working capital | €28k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.05 |
| Quick ratio | 0.85 |
| Working capital ratio | 4.6% |
| Solvency | 4.8% |
| Debt / equity | 19.80 |
| Long-term debt ratio | - |
| Interest coverage | 155.20 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.5% |
| ROE | 72.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €614k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €613k |
| Stocks & contracts in progress | 3 | €117k |
| Amounts receivable within one year | 40/41 | €486k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €614k |
| Equity | 10/15 | €30k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €29k |
| Amounts payable | 17/49 | €584k |
| Amounts payable within one year | 42/48 | €584k |
| Trade debts payable within one year | 44 | €570k |
| Income statement | ||
| Gross operating margin | 9900 | €137k |
| Operating result | 9901 | €29k |
| Financial charges | 65 | €184 |
| Result before taxes | 9903 | €28k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €21k |
| Result to be appropriated | 9905 | €21k |
-
Current25-11-2024 → present
| NACE primary | Retail trade(47300) |
| Legal form | Private limited company(610) |
| Incorporation | 29-10-2021 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| 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 | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-11-2025 Transaction in capital or shares
Technical details
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"events": [
{
"kind": "share_transfer",
"amount": 5,
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"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2025-10-13",
"evidence_quote": "Monsieur Akram Mohammad Shahid c\u00E8de 5 de ses actions \u00E0 Monsieur AWAIS Ghous lui accepte.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
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},
"subject_company": {
"kbo": "0776.681.077",
"name_full": "FORKOT",
"legal_form": "SRL"
}
}25-11-2024 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 50,
"currency": null,
"after_eur": null,
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"amount_type": "onbekend",
"effective_date": "2024-11-12",
"evidence_quote": "Monsieur Akram Mohammad Shahid c\u00E8de 50 de ses actions \u00E0 Monsieur Farooq Azam qui accepte.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0776.681.077",
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}
}28-07-2023 Registered office moved from Lobbes to Ixelles
- Rue des waibes 115, 6540 Lobbes → Rue Jean Baptiste Meunier 10, 1050 Ixelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Ixelles",
"region": "Brussels",
"street": "Rue Jean Baptiste Meunier",
"country": "BE",
"postcode": "1050",
"box_number": "6",
"street_number": "10"
},
"old_address": {
"city": "Lobbes",
"region": "Waals",
"street": "Rue des waibes",
"country": "BE",
"postcode": "6540",
"box_number": null,
"street_number": "115"
},
"effective_date": "2023-07-05",
"evidence_quote": "Le si\u00E8ge social est transf\u00E9r\u00E9 \u00E0 l\u0027adresse suivante: Rue Jean Baptiste Meunier 10/6 -1050 Ixelles"
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0776.681.077",
"name_full": "FORKOT",
"legal_form": "SRL"
}
}02-06-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 100,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2023-04-13",
"evidence_quote": "Monsieur Muhammad Begum Amir c\u00E8de la totalit\u00E9 de ses actions \u00E0 Monsieur Akram Mohammad Shahid qui accepte. La nouvelle r\u00E9partition des actions est la suivante : Monsieur Akram Mohammad Shahid ... 100 actions",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0776.681.077",
"name_full": "FORKOT",
"legal_form": "SRL"
}
}04-11-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "6540 Lobbes, Rue des Waibes 115 bte a",
"schema": "v3.2",
"act_meta": {
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},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1987-05-23",
"name": "MUHAMMAD BEGUM Amir Shahzad",
"niss": null,
"address": "6180 Courcelles, Rue du G\u00E9n\u00E9ral de Gaulle, 2"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "MUHAMMAD BEGUM Amir Shahzad",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1970-02-13",
"name": "AKRAM Mohammad Shahid",
"niss": null,
"address": "6540 Lobbes, Rue des Waibes, 115 a"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "AKRAM Mohammad Shahid",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 1000,
"subject_company": {
"kbo": "0776.681.077",
"name_full": "FORKOT",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-10-28",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | FORKOT |