Formio
The computed 12-month bankruptcy probability of Formio is 0.3% (very low). The 2025 annual accounts show equity of €2.26M and a net result of €896k. Its solvency ranks better than 58% of 292 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.26M |
| Net result | €896k |
| Better than sector | 58% |
| Active | 2 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 49.2% | 42.3% | |
| Net result | €896k | €57k | |
| Equity | €2.26M | €198k | |
| Total assets | €4.59M | €675k |
| Fiscal year | 2025 |
|---|---|
| Revenue | €10k |
| EBITDA | - |
| Net profit | €896k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €4.59M |
| Equity | €2.26M |
| Debt | €2.33M |
| of which ≤ 1y | €393k |
| of which > 1y | €1.93M |
| Working capital | €134k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 1.34 |
| Quick ratio | 1.34 |
| Working capital ratio | 2.9% |
| Solvency | 49.2% |
| Debt / equity | 1.03 |
| Long-term debt ratio | 0.85 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | 8957.0% |
| ROA | 19.5% |
| ROE | 39.7% |
| EBITDA margin | - |
| Days sales outstanding | 579d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.59M |
| Fixed assets | 21/28 | €4.06M |
| Financial fixed assets | 28 | €4.06M |
| Current assets | 29/58 | €527k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €498k |
| Cash & bank | 54/58 | €29k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.59M |
| Equity | 10/15 | €2.26M |
| Contributions / capital | 10/11 | €1.36M |
| Reserves | 13 | €896k |
| Amounts payable | 17/49 | €2.33M |
| Amounts payable after one year | 17 | €1.93M |
| Amounts payable within one year | 42/48 | €393k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Turnover | 70 | €10k |
| Operating result | 9901 | €1k |
| Financial income | 75 | €1.00M |
| Financial charges | 65 | €106k |
| Result before taxes | 9903 | €896k |
| Net result for the period | 9904 | €896k |
| Result to be appropriated | 9905 | €896k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 01-02-2024 |
| Status | Active |
| Postal code | 8530 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D0121/00M007 | Flanders | 5,787 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-01-2026 Registered office moved from Afsnee to Harelbeke
- Veurestraat 16, 9051 Afsnee → Vaarnewijkstraat 12, 8530 Harelbeke
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Harelbeke",
"region": null,
"street": "Vaarnewijkstraat",
"country": "BE",
"postcode": "8530",
"box_number": null,
"street_number": "12"
},
"old_address": {
"city": "Afsnee",
"region": null,
"street": "Veurestraat",
"country": "BE",
"postcode": "9051",
"box_number": null,
"street_number": "16"
},
"effective_date": "2026-01-01",
"evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van VEURESTRAAT 16, 9051 AFSNEE naar Vaarnewijkstraat 12, 8530 Harelbeke, en dit vanaf 01/01/2026."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1005.518.826",
"name_full": "FORMIO",
"legal_form": "BV"
}
}05-02-2024 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Veurestraat 16, 9051 Afsnee",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1977-12-15",
"name": "RAES, Tom",
"niss": null,
"address": "9090 Melle, Gontrode Heirweg, 203"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "in_kind",
"amount_paid_in_eur": 680000,
"holder_person_name": "RAES, Tom",
"is_subscriber_only": false,
"n_shares_subscribed": 68,
"amount_subscribed_eur": 680000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1978-07-25",
"name": "LETEN, Nicolas-Laurent Claude Jan",
"niss": null,
"address": "9051 Gent (Afsnee), Veurestraat, 16"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "in_kind",
"amount_paid_in_eur": 680000,
"holder_person_name": "LETEN, Nicolas-Laurent Claude Jan",
"is_subscriber_only": false,
"n_shares_subscribed": 68,
"amount_subscribed_eur": 680000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 1360000,
"subject_company": {
"kbo": "1005.518.826",
"name_full": "Formio",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2024-02-01",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Formio |