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FORMATARCHITECTEN

Active
Private limited companyfounded 2020active for 6 yearsDok-Noord 4D, 9000 Gent, Belgium47 active companies are registered at this addressKBO/BCE: BE 0741.352.291
Summary

FORMATARCHITECTEN has been active since 2020 and the Belgian Official 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 about 28% per year across the filed financial years. Its solvency ranks better than 52% of 11,742 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €1.5m
Estimated: probably between €1.0m and €1.9m
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

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result recovers in 2025; 2025 is 27% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€283,463 2025 Net result€213,460 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€84,201-€97,485▲ 15.8%€176,869▲ 81.4%€260,509▲ 47.3%€223,668▼ 14.1%€283,463▲ 26.7%
Net result€58,089above the sector's middle half-€70,698above the sector's middle half▲ 21.7%€136,799above the sector's middle half▲ 93.5%€194,623above the sector's middle half▲ 42.3%€167,528above the sector's middle half▼ 13.9%€213,460above the sector's middle half▲ 27.4%
Equity€63,089within the sector's middle half-€133,787within the sector's middle half▲ 112%€270,586above the sector's middle half▲ 102%€465,209above the sector's middle half▲ 71.9%€512,736above the sector's middle half▲ 10.2%€464,996above the sector's middle half▼ 9.3%
Total assets€106,083within the sector's middle half-€218,890within the sector's middle half▲ 106%€489,943above the sector's middle half▲ 124%€651,571above the sector's middle half▲ 33.0%€838,905above the sector's middle half▲ 28.8%€826,648above the sector's middle half▼ 1.5%
Debt€42,994-€85,103▲ 97.9%€219,357▲ 158%€186,363▼ 15.0%€326,169▲ 75.0%€361,652▲ 10.9%
Working capital€46,349within the sector's middle half-€110,508within the sector's middle half▲ 138%€175,311above the sector's middle half▲ 58.6%€276,991above the sector's middle half▲ 58.0%€333,243above the sector's middle half▲ 20.3%€118,033above the sector's middle half▼ 64.6%
Solvency59.5%within the sector's middle half-61.1%within the sector's middle half▲ 1.6pp55.2%within the sector's middle half▼ 5.9pp71.4%within the sector's middle half▲ 16.2pp61.1%within the sector's middle half▼ 10.3pp56.3%within the sector's middle half▼ 4.9pp
Current ratio2.08within the sector's middle half-2.30within the sector's middle half▲ 0.222.22within the sector's middle half▼ 0.083.11within the sector's middle half▲ 0.902.12within the sector's middle half▼ 1.001.34within the sector's middle half▼ 0.77
Return on assets (ROA)54.8%above the sector's middle half-32.3%above the sector's middle half▼ 22.5pp27.9%above the sector's middle half▼ 4.4pp29.9%above the sector's middle half▲ 1.9pp20.0%within the sector's middle half▼ 9.9pp25.8%within the sector's middle half▲ 5.9pp
Staff (FTE)0.7below the sector's middle half-1.7▲ 143%2▲ 17.6%3.8▲ 90.0%3.9▲ 2.6%5.7▲ 46.2%
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
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
2025 value · change against 2024
EBITDA
€358,711▲
2024 · €263,292
Cash flow
€288,708▲
2024 · €207,152
Debt to equity
0.78▲
2024 · 0.64
ROE
45.9%▲
2024 · 32.7%
Interest coverage
over 100
2024 · over 100
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.

Peer companies

Historical observation

Of the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,972 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€838,905€826,648▼
Fixed assets21/28€206,987€362,684▲
Tangible fixed assets22/27€204,574€360,271▲
Land and buildings22€98,912€286,988▲
Plant, machinery and equipment23€4,210€3,649▼
Furniture and vehicles24€65,208€43,121▼
Leasing and similar rights25€34,448€24,716▼
Other tangible fixed assets26€1,797€1,797=
Financial fixed assets28€2,413€2,413=
Current assets29/58€631,918€463,965▼
Amounts receivable within one year40/41€202,684€198,016▼
Trade receivables40€171,398€191,224▲
Other amounts receivable41€31,286€6,792▼
Current investments50/53€20,000€23,865▲
Cash at bank and in hand54/58€399,818€223,394▼
Deferred charges and accrued income490/1€9,416€18,689▲
Equity and liabilities
Total equity and liabilities10/49€838,905€826,648▼
Equity10/15€512,736€464,996▼
Contributions10/11€5,000€5,000=
Reserves13€460,209€459,996=
Distributable reserves133€460,209€459,996=
Profit (loss) carried forward14€47,528€0▼
Amounts payable17/49€326,169€361,652▲
Amounts payable after more than one year17€26,424€14,720▼
Financial debts170/4€26,424€14,720▼
Amounts payable within one year42/48€298,675€345,932▲
Current portion of amounts payable after more than one year42€11,948€11,703▼
Trade debts44€51,457€42,287▼
Suppliers440/4€51,457€42,287▼
Taxes, remuneration and social security45€115,270€101,625▼
Taxes450/3€83,414€66,878▼
Remuneration and social security454/9€31,856€34,747▲
Other amounts payable47/48€120,000€190,316▲
Accrued charges and deferred income492/3€1,070€1,000▼
Income statement Code20242025
Remuneration, social security and pensions62€144,144€218,658▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,624€75,248▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€5,100
Other operating charges640/8€1,645€3,493▲
Gross operating margin9900€409,081€575,763▲
Operating profit (loss)9901€223,668€283,463▲
Financial income75/76B€3€3,876▲
Recurring financial income75€3€3,876▲
Financial charges65/66B€2,372€2,847▲
Recurring financial charges65€2,372€2,847▲
Profit (loss) for the period before taxes9903€221,299€284,492▲
Income taxes67/77€53,771€71,032▲
Profit (loss) for the period9904€167,528€213,460▲
Profit (loss) for the period to be appropriated9905€167,528€213,460▲
Appropriation of the result
Profit (loss) to be appropriated9906€167,528€260,988▲
Profit (loss) brought forward from the previous period14P-€47,528
Transfer from equity791/2-€261,200
Transfer to equity691/2€0€260,988▲
To other reserves6921€0€260,988▲
Profit to be distributed694/7€120,000€261,200▲
Return on contributions (dividend)694€120,000€261,200▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
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€1,082€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€98,682€167,409€277,246€438,184€409,081€575,763▲ 40.7%
Operating profit (loss)9901€84,201€97,485€176,869€260,509€223,668€283,463▲ 26.7%
Financial income75/76B--€99€33€3€3,876▲ 1,310×
Recurring financial income75--€99€33€3€3,876▲ 1,310×
Financial charges65/66B-€438€1,318€2,537€2,372€2,847▲ 20.0%
Recurring financial charges65€103€438€1,318€2,537€2,372€2,847▲ 20.0%
Profit (loss) for the period before taxes9903€84,098€97,047€175,651€258,005€221,299€284,492▲ 28.6%
Income taxes67/77€26,009€26,349€38,852€63,382€53,771€71,032▲ 32.1%
Profit (loss) for the period9904€58,089€70,698€136,799€194,623€167,528€213,460▲ 27.4%
Profit (loss) for the period to be appropriated9905€58,089€70,698€136,799€194,623€167,528€213,460▲ 27.4%
Line202020212022202320242025Change
Assets
Total assets20/58€106,083€218,890€489,943€651,571€838,905€826,648▼ 1.5%
Fixed assets21/28€16,740€23,279€170,725€243,541€206,987€362,684▲ 75.2%
Tangible fixed assets22/27€14,327€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€2,413€2,913€2,413€2,413€2,413€2,413=
Current assets29/58€89,343€195,611€319,218€408,030€631,918€463,965▼ 26.6%
Amounts receivable within one year40/41€36,566€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€52,483€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€106,083€218,890€489,943€651,571€838,905€826,648▼ 1.5%
Equity10/15€63,089€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€58,089€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€42,994€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€42,994€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€8,058€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%
Line202020212022202320242025Change
Profit (loss) for the period9904€58,089€70,698€136,799€194,623€167,528€213,460▲ 27.4%
+ Depreciation and write-downs630€1,082€2,705€9,492€35,231€39,624€75,248▲ 89.9%
Operating cash flow (approximation)€59,171€73,403€146,291€229,854€207,152€288,708▲ 39.4%
Investment in fixed assets (approximation)--€9,244-€156,939-€108,047-€3,070-€230,945▼ 7,423%
Change in cash-€57,034€125,381-€55,809€220,729-€176,424-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 10-07-2026 2026-00294265
31-12-2024 micro format 16-09-2025 2025-00496465
31-12-2023 micro format 26-08-2024 2024-00403877
31-12-2022 micro format 17-08-2023 2023-00339804
31-12-2021 micro format 17-06-2022 2022-20070367
31-12-2020 micro format 09-08-2021 2021-47500427

Subsidies and aid

Flemish government

2023 to 2025 · 4 entries · €32,164 awarded · €19,664 paid
Year Entries AwardedPaid
2025 2 €29,500€17,000
2023 2 €2,664€2,664
Schemes
1 entry · €25,000 · €12,500 paid · Fonds voor Innoveren en Ondernemen
2 entries · €4,672 · €4,672 paid · Fonds voor Innoveren en Ondernemen
1 entry · €2,492 · €2,492 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.