Summary
ForMotion is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €334.0m and a net result of €235.3m. Equity is growing by ~114.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 2413 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 02-07-2026, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
29 d early
2024
31 d early
2023
33 d early
2022
31 d early
2021
31 d early
2020
32 d early
2019
32 d early
← 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 31 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Equity
€334.0m▲ 801%
2019 · €37.1m
Net result
€235.3m
2019 · -€35,210
Total assets
€402.2m▲ 891%
2019 · €40.6m
Solvency
83.0%▼ 8.2pp
2019 · 91.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192025
Turnover€50,000-€50,000=€1.0m-
Operating result-€565,538--€22,009▲ 96.1%-€1.4m-
Net result-€565,180--€35,210▲ 93.8%€235.3mabove the sector's middle half-
Equity€37.1m-€37.1m▼ 0.1%€334.0mabove the sector's middle half-
Total assets€37.6m-€40.6m▲ 7.9%€402.2mabove the sector's middle half-
Debt€526,225-€3.5m▲ 573%€68.2m-
Working capital-€307,884--€3.3m▼ 985%-€57.7m-
Solvency98.6%-91.3%▼ 7.3pp83.0%within the sector's middle half-
Staff (FTE)1within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result is -€1.4m in 2025, compared with -€22,009 in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2019 as the grey bar beneath
Assets €402.2m
Fixed assets
€393.3m ▲ 871%
Current assets
€9.0m ▲ 8,810%
Equity and liabilities €402.2m
Equity
€334.0m ▲ 801%
Debt
€68.2m ▲ 1,826%
Debt's share of the balance-sheet total rises from 8.7% to 17.0%. Equity and debt are higher.
Key figures and ratios
ROE
70.4%▲
2019 · -0.1%
ROA
58.5%▲
2019 · -0.1%
Debt ≤ 1 year
€66.7m▲
2019 · €3.4m
Debt > 1 year
€1.3m
Income taxes
€930
Staff costs
€250,551
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2025 | Change |
|---|---|---|---|---|
| Operating income70/76A | €50,000 | €50,000 | €1.0m | - |
| Turnover70 | €50,000 | €50,000 | €1.0m | - |
| Operating charges60/66A | €615,538 | €72,009 | €2.5m | - |
| Services and other goods61 | €615,190 | €71,091 | €2.1m | - |
| Remuneration, social security and pensions62 | - | - | €250,551 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€1.2m | - |
| Other operating charges640/8 | €348 | €918 | €1.2m | - |
| Operating profit (loss)9901 | -€565,538 | -€22,009 | -€1.4m | - |
| Financial income75/76B | €14,775 | €4,442 | €238.2m | - |
| Recurring financial income75 | €14,775 | €4,442 | €238.2m | - |
| Income from financial fixed assets750 | - | - | €237.6m | - |
| Income from current assets751 | €7,319 | €622 | €582,989 | - |
| Other financial income752/9 | €7,456 | €3,820 | - | - |
| Financial charges65/66B | €14,417 | €17,643 | €1.5m | - |
| Recurring financial charges65 | €14,417 | €17,643 | €1.5m | - |
| Debt charges650 | €13,340 | €14,891 | €1.4m | - |
| Other financial charges652/9 | €1,077 | €2,752 | €67,075 | - |
| Profit (loss) for the period before taxes9903 | -€565,180 | -€35,210 | €235.3m | - |
| Income taxes67/77 | - | - | €930 | - |
| Taxes670/3 | - | - | €930 | - |
| Profit (loss) for the period9904 | -€565,180 | -€35,210 | €235.3m | - |
| Profit (loss) for the period to be appropriated9905 | -€565,180 | -€35,210 | €235.3m | - |
| Line | 2018 | 2019 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €37.6m | €40.6m | €402.2m | - |
| Fixed assets21/28 | €37.4m | €40.5m | €393.3m | - |
| Financial fixed assets28 | €37.4m | €40.5m | €393.3m | - |
| Affiliated companies280/1 | €37.0m | €39.5m | €387.4m | - |
| Participating interests280 | €37.0m | €39.5m | €387.4m | - |
| Companies linked by participating interests282/3 | €384,611 | €966,407 | €3.0m | - |
| Participating interests282 | €384,611 | €966,407 | €3.0m | - |
| Other financial fixed assets284/8 | - | - | €2.8m | - |
| Shares284 | - | - | €2.8m | - |
| Current assets29/58 | €218,341 | €100,930 | €9.0m | - |
| Amounts receivable after more than one year29 | €142,051 | €34,132 | €8.9m | - |
| Other amounts receivable291 | €142,051 | €34,132 | €8.9m | - |
| Amounts receivable within one year40/41 | €76,290 | €66,798 | €104,324 | - |
| Trade receivables40 | €50,000 | €50,000 | €63,730 | - |
| Other amounts receivable41 | €26,290 | €16,798 | €40,594 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €37.6m | €40.6m | €402.2m | - |
| Equity10/15 | €37.1m | €37.1m | €334.0m | - |
| Contributions10/11 | €162,693 | €162,693 | €52.0m | - |
| Capital10 | €162,693 | €162,693 | €162,693 | - |
| Issued capital100 | €162,693 | €162,693 | €162,693 | - |
| Outside capital11 | €51.9m | €51.9m | €51.9m | - |
| Share premium1100/10 | - | - | €51.9m | - |
| Reserves13 | €16,269 | €16,269 | €16,269 | - |
| Non-distributable reserves130/1 | - | - | €16,269 | - |
| Legal reserve130 | €16,269 | €16,269 | €16,269 | - |
| Profit (loss) carried forward14 | -€15.0m | -€15.0m | €282.0m | - |
| Amounts payable17/49 | €526,225 | €3.5m | €68.2m | - |
| Amounts payable after more than one year17 | - | - | €1.3m | - |
| Financial debts170/4 | - | - | €1.3m | - |
| Other loans174 | - | - | €1.3m | - |
| Amounts payable within one year42/48 | €526,225 | €3.4m | €66.7m | - |
| Current portion of amounts payable after more than one year42 | - | - | €46,200 | - |
| Trade debts44 | €386,850 | €70,500 | €1.4m | - |
| Suppliers440/4 | €386,850 | €70,500 | €1.4m | - |
| Taxes, remuneration and social security45 | - | - | €89,971 | - |
| Taxes450/3 | - | - | €456 | - |
| Remuneration and social security454/9 | - | - | €89,515 | - |
| Other amounts payable47/48 | €139,375 | €3.4m | €65.1m | - |
| Accrued charges and deferred income492/3 | - | €100,530 | €197,160 | - |
| Line | 2018 | 2019 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€565,180 | -€35,210 | €235.3m | - |
| Operating cash flow (approximation) | -€565,180 | -€35,210 | €235.3m | - |
| Investment in fixed assets (approximation) | - | -€3.1m | - | - |
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
State Gazette act
Reappointment: EY Bedrijfsrevisoren (statutory auditor)Permanent representative: Daniël WUYTS3 facts ▸
State Gazette act
Reappointment: EY Bedrijfsrevisoren (statutory auditor)
Permanent representative: Daniël WUYTS3 facts ▸
- General meeting, 08-06-2026
- Auditor reappointment, EY Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Daniël WUYTS (permanent representative)
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €235.3m
Net result €235.3m after 2 loss-making years.
31-12
Financial
Equity above €250mEq €334.0m ▲801%
Equity rises from €37.1m to €334.0m.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2017
Ground area
5,039 m²
Building footprint
1,939 m²
Volume, LiDAR
53,239 m³
Parcel 21822R0523/00K002, Brussels · tallest building 33.6 m, ±10 floors. Linked by address, not a title deed.
88
companies at this address
See who is registered here
1 establishment unit
ForMotion
since 20172.262.567.065
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0523/00K002 | Brussels | 5,039 m² | 1 · 1,939 m² | 33.6 m · 10 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 850 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
66300Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0671558615
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.