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Form.

Active
Private limited company (pre-2019)founded 20188 yrs activeFortuinstraat 84, 2800 Mechelen, BelgiumKBO/BCE: BE 0692.795.180
Summary

The computed 12-month bankruptcy probability of Form. is 4.9% (elevated). For Form., at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €42,613 and a net result of -€18,572. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 2301 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
Form.Active
Risk analysis ReportCompare

Overview

Activity
Other education
NACE 85599Fitness centres NACE 93130
2 sites
Size
€132,456total assets 2023
Equity
€42,613
Loss
-€18,572
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
4.9%
2023 figures too old to score
Structure
Board
1 member
Accounts 432 d overdue2 of 4 deeds read
Signals- 2 financial years not filed after the legal deadline; latest accounts 153 days late; 2 of the last 3 late- Figures for FY 2023 (filed 03-01-2025)- Loss of €18,572 (FY 2023)- Two or more financial years not filed- Filed more than 90 days late+ Sector Education (NACE 85)Show the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 57-23
equity 32.2% of total assets
Liquidity 40-11
short-term debt 63.9% · cash 18.9%
Profitability 1-69
return on assets -14.0%
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,782 companies)
Last 24 months 11-2024: 0.8% 12-2024: 1.0%▲ +22.8% vs 11-2024 01-2025: 1.6%▲ +65.2% vs 12-2024 02-2025: 0.9%▼ -46.7% vs 01-2025 03-2025: 0.9%▲ +2.1% vs 02-2025 04-2025: 0.9%▲ +1.9% vs 03-2025 05-2025: 0.8%▼ -7.1% vs 04-2025 06-2025: 0.8%▼ -4.5% vs 05-2025lowest value 07-2025: 0.8%▲ +0.5% vs 06-2025 08-2025: 1.2%▲ +49.9% vs 07-2025 09-2025: 1.6%▲ +28.6% vs 08-2025 10-2025: 2.4%▲ +56.3% vs 09-2025 11-2025: 2.5%▲ +1.4% vs 10-2025 12-2025: 2.8%▲ +14.4% vs 11-2025 01-2026: 4.2%▲ +48.4% vs 12-2025 02-2026: 4.2%● 0.0% vs 01-2026 03-2026: 4.4%▲ +4.8% vs 02-2026 04-2026: 3.9%▼ -11.3% vs 03-2026 05-2026: 3.8%▼ -2.8% vs 04-2026 06-2026: 3.7%▼ -2.0% vs 05-2026 07-2026: 3.7%● 0.0% vs 06-2026 08-2026: 4.9%▲ +33.1% vs 07-2026highest value 09-2026: 4.9%● 0.0% vs 08-2026highest value 10-2026: 4.9%● 0.0% vs 09-2026highest value
  • 2 financial years not filed after the legal deadline; latest accounts 153 days late; 2 of the last 3 late raises the probability
  • Figures for FY 2023 (filed 03-01-2025) raises the probability
  • Sector Education (NACE 85) lowers the probability
  • Loss of €18,572 (FY 2023) raises the probability
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 2 financial years not filed after the legal deadline; latest accounts 153 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2023 (filed 03-01-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Education (NACE 85)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Loss of €18,572 (FY 2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline06-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
153 d late
2022
35 d late
2021
30 d late
2020
280 d late
2019
108 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 121 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Resignation: Mirte MULDER (director)State Gazette act
  2. Appointment: Larissa CONINX (director)Shareholding · Declaration
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 432 d late View
  • Caution: Board changedlatest change 12-03-2026 · 1 in office 1 joined · 1 left View
  • Caution: Among the weakest 10% on net resultsector median €5,796 · 2,302 companies -€18,572 View

By topic

Financials

Fiscal year
2023
Total assets
€132,456
Loss
-€18,572
Solvency
32.2%
Total assets▲ 19.9%
Net result
20182023
Go to Financials

Timeline

Events
10
Since
2019
  1. 12-03-2026Resignation: Mirte MULDER (director)
  2. 24-02-2026Appointment: Larissa CONINX (director)
  3. 31-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company (pre-2019)
Activity
Other educationNACE 85599
Founded
22-03-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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