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Foronex Groep

Active
Private limited companyfounded 20215 yrs activeOoigemstraat 16, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0770.489.212

Foronex Groep 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 €1.24M and a net result of €296k. Equity is shrinking by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 5495 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Signals

Three signals. 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 29-06-2026, 32 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
32 d early
2024
29 d early
2023
42 d late
2022
31 d late
← before the deadline after the deadline →
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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.24M▼ 14.1%
2024 · €1.45M
2022: €2.03M 2023: €2.03M 2024: €1.45M
2022 → 2025
Net result
€296k
2024 · €-585k
2022: €26k 2023: €5k 2024: €-585k
2022 → 2025
Total assets
€2.70M▲ 26.9%
2024 · €2.13M
2022: €2.79M 2023: €3.55M 2024: €2.13M
2022 → 2025
Solvency
46.1%▼ 22.0pp
2024 · 68.1%
2022: 72.6% 2023: 57.2% 2024: 68.1%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€2.03M-€2.03M▲ 0.3%€1.45M▼ 28.8%€1.24M▼ 14.1%
Operating result€19k-€13k▼ 31.1%€-591k€354k
Net result€26k-€5k▼ 79.4%€-585k€296k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-750k€-500k€-250k€0€250kOperating result 2022: €19k€19kNet result 2022: €26k€26kOperating result 2023: €13k€13kNet result 2023: €5k€5kOperating result 2024: €-591k€-591kNet result 2024: €-585k€-585kOperating result 2025: €354k€354kNet result 2025: €296k€296k2022202320242025
The operating result returns to profit in 2025: €354k after a loss of €591k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.70M
Fixed assets €1.07M▲ 11.1%
Current assets €1.63M▲ 39.9%
Equity and liabilities €2.70M
Equity €1.24M▼ 14.1%
Debt €1.46M▲ 114%
The debt ratio rises from 31.9% to 53.9%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
46.1%
2024 · 68.1%
ROE
23.8%
2024 · -40.4%
ROA
11.0%
2024 · -27.5%
Debt
€1.46M
2024 · €679k
Debt ≤ 1 year
€1.45M
2024 · €643k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€2.13M€2.70M
Fixed assets21/28€962k€1.07M
Financial fixed assets28€962k€1.07M
Current assets29/58€1.16M€1.63M
Amounts receivable within one year40/41€1.06M€1.58M
Trade receivables40€61k€70k
Other amounts receivable41€995k€1.51M
Cash at bank and in hand54/58€67k€3k
Deferred charges and accrued income490/1€42k€43k
Equity and liabilities
Total equity and liabilities10/49€2.13M€2.70M
Equity10/15€1.45M€1.24M
Contributions10/11€2.00M€1.50M
Reserves13€32k€32k=
Distributable reserves133€32k€32k=
Profit (loss) carried forward14€-585k€-289k
Amounts payable17/49€679k€1.46M
Amounts payable within one year42/48€643k€1.45M
Financial debts43-€1.00M
Other loans439-€1.00M
Trade debts44€18k€71k
Suppliers440/4€18k€71k
Taxes, remuneration and social security45€3k€3k
Taxes450/3€3k€3k
Other amounts payable47/48€623k€375k
Accrued charges and deferred income492/3€36k€6k
Income statement Code20242025
Other operating charges640/8€968€2k
Non-recurring operating charges66A€599k-
Gross operating margin9900€8k€356k
Operating profit (loss)9901€-591k€354k
Financial income75/76B€16k€13k
Recurring financial income75€16k€13k
Financial charges65/66B€9k€67k
Recurring financial charges65€9k€7k
Non-recurring financial charges66B-€61k
Profit (loss) for the period before taxes9903€-585k€299k
Income taxes67/77-€3k
Profit (loss) for the period9904€-585k€296k
Profit (loss) for the period to be appropriated9905€-585k€296k
Appropriation of the result
Profit (loss) to be appropriated9906€-585k€-289k
Profit (loss) brought forward from the previous period14P-€-585k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-09
State Gazette act General meeting · Auditor appointment
General meeting · Auditor appointment · Permanent representative3 facts ▸
  • General meeting, 2026-05-25
  • Auditor appointment, RSM INTERAUDIT (commissaris)
  • Permanent representative, Jonas Uytterhaegen
29-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
03-02
State Gazette act Capital & shares · Purpose · Restructuring
General meeting · Merger · Dissolution10 facts ▸
  • General meeting, 2025-12-30
  • Merger, absorption, 2026-01-01
  • Merger, absorption, 2026-01-01
  • Dissolution, 2026-01-01
  • Dissolution, 2026-01-01
  • Accounting effect, 2026-01-01
  • Purpose change, Uitbreiding van het voorwerp met de activiteiten van de overgenomen vennootschappen; artikel 3 van de statuten integraal vervangen.
  • Power of attorney, FORONEX GROEP
  • Power of attorney, Orinn Vijncke
  • No share issuance, Geen nieuwe aandelen uitgegeven in de overnemende vennootschap naar aanleiding van de inbreng, in toepassing van artikel 12:57 WVV, omdat de overnemende vennoot…
2025
31-12
Financial Back to profitnet €296k
Net result €296k after one loss-making year.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €-585k ▼10852%
Net result drops to €-585k, the lowest in the series; recovery starts the following year.
11-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 42 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wielsbeke · 1 establishment unit since 2021
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ooigemstraat 168710 Wielsbeke
Ground area
3.0 ha
Building footprint
299 m²
Volume, LiDAR
1,675 m³
Parcel 37017C0332/00W000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Foronex Groep
Ooigemstraat 16, 8710 WielsbekeHoldings
since 20212.323.002.025
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37017C0332/00W000 Flanders 3.0 ha 1 · 299 m² 9.0 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
RSM INTERAUDITCurrent
Statutory auditor · represented by Jonas Uytterhaegen
25-05-2026 → present

Structure & network

Acquisitions and mergers

2 transactions
Took over:FOR-RENT
merger by absorption · State Gazette act of 03-02-2026 · effective 01-01-2026
Took over:ROYALSTAR
merger by absorption · State Gazette act of 03-02-2026 · effective 01-01-2026

Similar companies · same sector, comparable size

Of 24,637 companies in sector 64210 we hold annual accounts for 19,690. 12,150 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-06-2021
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.