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FORMENT

Active
Private limited companyfounded 199432 years activeKeuredreef 99, 1083 Ganshoren, BelgiumKBO/BCE: BE 0452.645.748
Summary

FORMENT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,912 and a net result of -€3,658. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 55% of 9,039 sector peers (NACE 41, fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€64,313total assets 2025
Equity
€30,912
Loss
-€3,658
Turnover not published (abridged schema)
Financial health
79 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.5%
Structure
Accounts filed 28 days late0 of 1 deed read
Why 79- Sector Construction of residential and non-residential buildings (NACE 41)- Loss of €3,658, the second in a row (FY 2025)+ Founded in 1994+ Liquidity: current ratio 1.92, cash €8,168Show the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 31% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Weak
Solvency 73-20
equity 48.1% of total assets
Liquidity 40-12
short-term debt 51.9% · cash 12.7%
Profitability 12+12
return on assets -5.7%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,367 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 0.7%▼ -0.5 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -0.8 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 3.07 in 2024; short-term debt: 51.9% and cash: 12.7% of total assets), but 51.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 56% on solvency, 36% on liquidity, 14% on profitability and 18% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 1994
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Loss of €3,658, the second in a row (FY 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.92, cash €8,168
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,658
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
29 days late
2023
27 days late
2022
28 days late
2021
24 days late
2020
17 days late
2019
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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. Usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€12,465

Key points

  • Caution: Among the weakest 20% on net resultsector median €8,450 · 9,031 companies -€3,658 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€3,658 View
  • Active since 1994founded 09-05-1994 32 years View

By topic

Financials

Fiscal year
2025
Total assets
€64,313
Loss
-€3,658
Solvency
48.1%
Turnover=
Net result
20182019
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 27-08-2024Annual accounts filed
  2. 28-08-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
09-05-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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