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FOROLOGIA

Active
Private limited companyfounded 2024active for 2 yearsAugust Nihoulstraat 132, 3270 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 1012.647.039
Summary

FOROLOGIA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,448 and a net result of €37,348. Its solvency ranks better than 33% of 15,743 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €130,000
Estimated: probably between €98,000 and €170,000
Total assets
€80,757
Net result
€37,348
Working capital
€17,784

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
Assets €80,757
Fixed assets €24,770
Current assets €55,988
Equity and liabilities €80,757
Equity €30,448
Debt €50,309
Debt finances 62.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€55,864
Cash flow
€42,036
Current ratio
1.47
Debt to equity
1.65
ROE
122.7%
ROA
46.2%
Interest coverage
52.44
Debt ≤ 1 year
€38,203
Debt > 1 year
€12,106
Income taxes
€12,805

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

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 39,278 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 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€80,757
Fixed assets21/28€24,770
Tangible fixed assets22/27€24,770
Furniture and vehicles24€24,770
Current assets29/58€55,988
Amounts receivable within one year40/41€6,630
Trade receivables40€774
Other amounts receivable41€5,856
Cash at bank and in hand54/58€48,754
Deferred charges and accrued income490/1€604
Equity and liabilities
Total equity and liabilities10/49€80,757
Equity10/15€30,448
Contributions10/11€1,500
Reserves13€28,948
Distributable reserves133€28,948
Profit (loss) carried forward14€0
Amounts payable17/49€50,309
Amounts payable after more than one year17€12,106
Financial debts170/4€12,106
Amounts payable within one year42/48€38,203
Current portion of amounts payable after more than one year42€8,221
Taxes, remuneration and social security45€21,582
Taxes450/3€21,582
Other amounts payable47/48€8,400
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,688
Other operating charges640/8€431
Gross operating margin9900€56,295
Operating profit (loss)9901€51,177
Financial income75/76B€42
Recurring financial income75€42
Financial charges65/66B€1,065
Recurring financial charges65€1,065
Profit (loss) for the period before taxes9903€50,153
Income taxes67/77€12,805
Profit (loss) for the period9904€37,348
Profit (loss) for the period to be appropriated9905€37,348
Appropriation of the result
Profit (loss) to be appropriated9906€37,348
Transfer to equity691/2€28,948
To other reserves6921€28,948
Profit to be distributed694/7€8,400
Return on contributions (dividend)694€8,400

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,688
Other operating charges640/8€431
Gross operating margin9900€56,295
Operating profit (loss)9901€51,177
Financial income75/76B€42
Recurring financial income75€42
Financial charges65/66B€1,065
Recurring financial charges65€1,065
Profit (loss) for the period before taxes9903€50,153
Income taxes67/77€12,805
Profit (loss) for the period9904€37,348
Profit (loss) for the period to be appropriated9905€37,348
Line2025
Assets
Total assets20/58€80,757
Fixed assets21/28€24,770
Tangible fixed assets22/27€24,770
Furniture and vehicles24€24,770
Current assets29/58€55,988
Amounts receivable within one year40/41€6,630
Trade receivables40€774
Other amounts receivable41€5,856
Cash at bank and in hand54/58€48,754
Deferred charges and accrued income490/1€604
Equity and liabilities
Total equity and liabilities10/49€80,757
Equity10/15€30,448
Contributions10/11€1,500
Reserves13€28,948
Distributable reserves133€28,948
Profit (loss) carried forward14€0
Amounts payable17/49€50,309
Amounts payable after more than one year17€12,106
Financial debts170/4€12,106
Amounts payable within one year42/48€38,203
Current portion of amounts payable after more than one year42€8,221
Taxes, remuneration and social security45€21,582
Taxes450/3€21,582
Other amounts payable47/48€8,400
Line2025
Profit (loss) for the period9904€37,348
+ Depreciation and write-downs630€4,688
Operating cash flow (approximation)€42,036

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 (1)
Financial year Type Filed Reference
31-12-2025 micro format 26-06-2026 2026-00232617

Similar companies · same sector, comparable size

Of the 22,303 active companies whose main activity is activities of lawyers (NACE 69101), figures are known for 9,409. 6,981 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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