FORMATARCHITECTEN
ActiveSummary
FORMATARCHITECTEN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €464,996 and a net result of €213,460. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 52% of 9511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+6
Solvency81▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 2.12 in 2024; short-term debt: 41.8% and cash: 27% of total assets), and 43.7% 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.3%
Return on assets
25.8%
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 10-07-2026, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
21 d early
2024
47 d late
2023
26 d late
2022
17 d late
2021
44 d early
2020
9 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
€464,996▼ 9.3%
2024 · €512,736
Total assets
€826,648▼ 1.5%
2024 · €838,905
Net result
€213,460▲ 27.4%
2024 · €167,528
Working capital
€118,033▼ 64.6%
2024 · €333,243
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€97,485▲ 15.8%€176,869▲ 81.4%€260,509▲ 47.3%€223,668▼ 14.1%€283,463▲ 26.7%
Net result€70,698▲ 21.7%€136,799▲ 93.5%€194,623▲ 42.3%€167,528▼ 13.9%€213,460▲ 27.4%
Equity€133,787▲ 112%€270,586▲ 102%€465,209▲ 71.9%€512,736▲ 10.2%€464,996▼ 9.3%
Total assets€218,890▲ 106%€489,943▲ 124%€651,571▲ 33.0%€838,905▲ 28.8%€826,648▼ 1.5%
Debt€85,103▲ 97.9%€219,357▲ 158%€186,363▼ 15.0%€326,169▲ 75.0%€361,652▲ 10.9%
Working capital€110,508▲ 138%€175,311▲ 58.6%€276,991▲ 58.0%€333,243▲ 20.3%€118,033▼ 64.6%
Staff (FTE)1.7▲ 143%2▲ 17.6%3.8▲ 90.0%3.9▲ 2.6%5.7▲ 46.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €826,648
Fixed assets
€362,684 ▲ 75.2%
Current assets
€463,965 ▼ 26.6%
Equity and liabilities €826,648
Equity
€464,996 ▼ 9.3%
Debt
€361,652 ▲ 10.9%
Debt's share of the balance-sheet total rises from 38.9% to 43.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€358,711▲
2024 · €263,292
Cash flow
€288,708▲
2024 · €207,152
Current ratio
1.34▼
2024 · 2.12
Debt to equity
0.78▲
2024 · 0.64
ROE
45.9%▲
2024 · 32.7%
ROA
25.8%▲
2024 · 20.0%
Interest coverage
126.01▲
2024 · 111.00
Debt ≤ 1 year
€345,932▲
2024 · €298,675
Debt > 1 year
€14,720▼
2024 · €26,424
Income taxes
€71,032▲
2024 · €53,771
Staff costs
€218,658▲
2024 · €144,144
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €62,119 | €87,998 | €136,811 | €144,144 | €218,658 | ▲ 51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,705 | €9,492 | €35,231 | €39,624 | €75,248 | ▲ 89.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €5,100 | - | - | - | -€5,100 | - |
| Other operating charges640/8 | - | €2,886 | €5,633 | €1,645 | €3,493 | ▲ 112% |
| Gross operating margin9900 | €167,409 | €277,246 | €438,184 | €409,081 | €575,763 | ▲ 40.7% |
| Operating profit (loss)9901 | €97,485 | €176,869 | €260,509 | €223,668 | €283,463 | ▲ 26.7% |
| Financial income75/76B | - | €99 | €33 | €3 | €3,876 | ▲ 130,856% |
| Recurring financial income75 | - | €99 | €33 | €3 | €3,876 | ▲ 130,856% |
| Financial charges65/66B | €438 | €1,318 | €2,537 | €2,372 | €2,847 | ▲ 20.0% |
| Recurring financial charges65 | €438 | €1,318 | €2,537 | €2,372 | €2,847 | ▲ 20.0% |
| Profit (loss) for the period before taxes9903 | €97,047 | €175,651 | €258,005 | €221,299 | €284,492 | ▲ 28.6% |
| Income taxes67/77 | €26,349 | €38,852 | €63,382 | €53,771 | €71,032 | ▲ 32.1% |
| Profit (loss) for the period9904 | €70,698 | €136,799 | €194,623 | €167,528 | €213,460 | ▲ 27.4% |
| Profit (loss) for the period to be appropriated9905 | €70,698 | €136,799 | €194,623 | €167,528 | €213,460 | ▲ 27.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €218,890 | €489,943 | €651,571 | €838,905 | €826,648 | ▼ 1.5% |
| Fixed assets21/28 | €23,279 | €170,725 | €243,541 | €206,987 | €362,684 | ▲ 75.2% |
| Tangible fixed assets22/27 | €20,366 | €168,313 | €241,128 | €204,574 | €360,271 | ▲ 76.1% |
| Land and buildings22 | €3,770 | €3,384 | €102,988 | €98,912 | €286,988 | ▲ 190% |
| Plant, machinery and equipment23 | - | €5,332 | €4,771 | €4,210 | €3,649 | ▼ 13.3% |
| Furniture and vehicles24 | €16,596 | €108,639 | €87,392 | €65,208 | €43,121 | ▼ 33.9% |
| Leasing and similar rights25 | - | €49,161 | €44,180 | €34,448 | €24,716 | ▼ 28.3% |
| Other tangible fixed assets26 | - | €1,797 | €1,797 | €1,797 | €1,797 | = |
| Financial fixed assets28 | €2,913 | €2,413 | €2,413 | €2,413 | €2,413 | = |
| Current assets29/58 | €195,611 | €319,218 | €408,030 | €631,918 | €463,965 | ▼ 26.6% |
| Amounts receivable within one year40/41 | €84,544 | €49,643 | €195,102 | €202,684 | €198,016 | ▼ 2.3% |
| Trade receivables40 | €84,544 | €49,643 | €195,102 | €171,398 | €191,224 | ▲ 11.6% |
| Other amounts receivable41 | - | - | - | €31,286 | €6,792 | ▼ 78.3% |
| Current investments50/53 | - | €20,000 | €20,000 | €20,000 | €23,865 | ▲ 19.3% |
| Cash at bank and in hand54/58 | €109,517 | €234,898 | €179,089 | €399,818 | €223,394 | ▼ 44.1% |
| Deferred charges and accrued income490/1 | €1,550 | €14,677 | €13,839 | €9,416 | €18,689 | ▲ 98.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €218,890 | €489,943 | €651,571 | €838,905 | €826,648 | ▼ 1.5% |
| Equity10/15 | €133,787 | €270,586 | €465,209 | €512,736 | €464,996 | ▼ 9.3% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €128,787 | €265,586 | €460,209 | €460,209 | €459,996 | = |
| Distributable reserves133 | €128,787 | €265,586 | €460,209 | €460,209 | €459,996 | = |
| Profit (loss) carried forward14 | - | - | - | €47,528 | €0 | ▼ 100% |
| Amounts payable17/49 | €85,103 | €219,357 | €186,363 | €326,169 | €361,652 | ▲ 10.9% |
| Amounts payable after more than one year17 | - | €75,215 | €55,324 | €26,424 | €14,720 | ▼ 44.3% |
| Financial debts170/4 | - | €75,215 | €55,324 | €26,424 | €14,720 | ▼ 44.3% |
| Amounts payable within one year42/48 | €85,103 | €143,907 | €131,039 | €298,675 | €345,932 | ▲ 15.8% |
| Current portion of amounts payable after more than one year42 | - | €11,079 | €17,423 | €11,948 | €11,703 | ▼ 2.0% |
| Trade debts44 | €28,491 | €18,182 | €18,599 | €51,457 | €42,287 | ▼ 17.8% |
| Suppliers440/4 | €28,491 | €18,182 | €18,599 | €51,457 | €42,287 | ▼ 17.8% |
| Taxes, remuneration and social security45 | €55,279 | €104,370 | €90,742 | €115,270 | €101,625 | ▼ 11.8% |
| Taxes450/3 | €55,279 | €86,371 | €63,991 | €83,414 | €66,878 | ▼ 19.8% |
| Remuneration and social security454/9 | - | €17,999 | €26,751 | €31,856 | €34,747 | ▲ 9.1% |
| Other amounts payable47/48 | €1,333 | €10,276 | €4,275 | €120,000 | €190,316 | ▲ 58.6% |
| Accrued charges and deferred income492/3 | - | €235 | - | €1,070 | €1,000 | ▼ 6.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,698 | €136,799 | €194,623 | €167,528 | €213,460 | ▲ 27.4% |
| + Depreciation and write-downs630 | €2,705 | €9,492 | €35,231 | €39,624 | €75,248 | ▲ 89.9% |
| Operating cash flow (approximation) | €73,403 | €146,291 | €229,854 | €207,152 | €288,708 | ▲ 39.4% |
| Investment in fixed assets (approximation) | - | -€156,939 | -€108,047 | -€3,070 | -€230,945 | ▼ 7,423% |
| Change in cash | - | €125,381 | -€55,809 | €220,729 | -€176,424 | ▼ 180% |
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
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €213,460 ▲27.4%
Operating result €283,463, net result €213,460, both a record.
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Equity above €500,000Eq €512,736 ▲10.2%
5 profitable years in a row build equity to €512,736.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Equity above €200,000Eq €270,586 ▲102%
3 profitable years in a row build equity to €270,586.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €133,787 ▲112%
2 profitable years in a row build equity to €133,787.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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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Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2020
Ground area
2.4 ha
Building footprint
1.8 ha
Volume, LiDAR
91,467 m³
2 parcels, Flanders · tallest building 23.8 m, ±4 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
FORMATARCHITECTEN
since 20202.298.290.878
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A2735/00X002 | Flanders | 2.2 ha | 1 · 1.6 ha | 23.8 m |
| 44021A2735/00M002 | Flanders | 1,997 m² | 1 · 2,001 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 32,164 EUR awarded · 19,664 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 29,500 EUR | 17,000 EUR |
| 2023 | 2 | 2,664 EUR | 2,664 EUR |
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Of 18,252 companies in sector 71111 we hold annual accounts for 6,320. 4,104 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
Founded09-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Contact
Website
www.formatarchitecten.be
E-mail
info@formatarchitecten.be
Scores and ratios are computed by Checked and are not a credit decision.