FORMADO
ActiveSummary
FORMADO has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,410 and a net result of -€2,590. Its solvency ranks better than 66% of 2057 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes
Profitability9
Solvency88
Growth-
Track record67
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.09; short-term debt: 35% and cash: 25.5% of total assets), and 37.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
62.6%
Return on assets
-13.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€12,410
Total assets
€19,820
Net result
-€2,590
Working capital
€7,581
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €19,820
Fixed assets
€5,305
Current assets
€14,515
Equity and liabilities €19,820
Equity
€12,410
Debt
€7,410
Debt finances 37.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€1,625
Cash flow
-€395
Current ratio
2.09
Debt to equity
0.60
ROE
-20.9%
ROA
-13.1%
Interest coverage
0.80
Debt ≤ 1 year
€6,934
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,195 |
| Other operating charges640/8 | €907 |
| Gross operating margin9900 | €2,533 |
| Operating profit (loss)9901 | -€569 |
| Financial charges65/66B | €2,021 |
| Recurring financial charges65 | €2,021 |
| Profit (loss) for the period before taxes9903 | -€2,590 |
| Profit (loss) for the period9904 | -€2,590 |
| Profit (loss) for the period to be appropriated9905 | -€2,590 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €19,820 | |
| Fixed assets21/28 | €5,305 | |
| Intangible fixed assets21 | €5,305 | |
| Current assets29/58 | €14,515 | |
| Amounts receivable within one year40/41 | €9,455 | |
| Trade receivables40 | €8,223 | |
| Other amounts receivable41 | €1,232 | |
| Cash at bank and in hand54/58 | €5,060 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €19,820 | |
| Equity10/15 | €12,410 | |
| Contributions10/11 | €15,000 | |
| Profit (loss) carried forward14 | -€2,590 | |
| Amounts payable17/49 | €7,410 | |
| Amounts payable within one year42/48 | €6,934 | |
| Financial debts43 | €123 | |
| Credit institutions430/8 | €123 | |
| Trade debts44 | €4,896 | |
| Suppliers440/4 | €4,896 | |
| Taxes, remuneration and social security45 | €904 | |
| Taxes450/3 | €904 | |
| Other amounts payable47/48 | €1,010 | |
| Accrued charges and deferred income492/3 | €477 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€2,590 |
| + Depreciation and write-downs630 | €2,195 |
| Operating cash flow (approximation) | -€395 |
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
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2024
Ground area
2,152 m²
Building footprint
474 m²
Volume, LiDAR
8,174 m³
Parcel 11302A0030/00S000, Flanders · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
30
companies at this address
See who is registered here
1 establishment unit
FORMADO
since 20242.364.629.970
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0030/00S000 | Flanders | 2,151 m² | 1 · 474 m² | 20.1 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
N4H Solutions
BE 1016.373.522
Rixensart · Eq €12,410
Davy's Drumschool
BE 0638.838.238
Lommel · Eq €12,412
Instituut De Waele
BE 0441.487.382
Lede · Eq €12,503
CEYSSENS-THIEBAUT
BE 1009.870.859
Willebroek · Eq €12,290
BECONSULT
BE 0454.107.181
Sint-Martens-Latem · Eq €12,198
Of 11,671 companies in sector 85599 we hold annual accounts for 1,329. 821 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
85599Other education
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.