Summary
ForPar is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €99.5m and a net result of €8.5m. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 2790 sector peers (fiscal year 2024). The company has been active since 2016 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 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
160 d late
2022
7 d early
2021
25 d early
2020
2 d early
2019
3 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days after 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 (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#5 company by equity in Roeselare, Finance and insurance sector#6 company by total assets in Roeselare, Finance and insurance sector
Equity
€99.5m▲ 4.7%
2023 · €95.0m
Net result
€8.5m▲ 2.2%
2023 · €8.3m
Total assets
€107.5m▲ 0.2%
2023 · €107.3m
Solvency
92.5%▲ 4.0pp
2023 · 88.5%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€2.1m▲ 1.0%€1.2m▼ 40.2%€1.2m▲ 0.9%€1.2m▼ 6.5%€1.0m▼ 13.5%
Operating result€1.3m▼ 0.3%€550,835▼ 56.6%€552,392▲ 0.3%€598,153▲ 8.3%€695,143▲ 16.2%
Net result€8.5m▼ 35.1%€11.4m▲ 34.2%€9.0m▼ 21.0%€8.3m▼ 8.3%€8.5m▲ 2.2%
Equity€72.7m▲ 9.3%€80.2m▲ 10.3%€88.0m▲ 9.7%€95.0m▲ 8.0%€99.5m▲ 4.7%
Total assets€107.4m▲ 0.1%€107.4m=€107.4m=€107.3m=€107.5m▲ 0.2%
Debt€34.7m▼ 14.9%€27.2m▼ 21.6%€19.4m▼ 28.8%€12.3m▼ 36.4%€8.1m▼ 34.7%
Working capital-€5.2m▼ 22.8%-€4.8m▲ 6.1%-€4.2m▲ 13.5%-€4.2m▲ 0.5%-€3.5m▲ 17.2%
Solvency67.7%▲ 5.7pp74.7%▲ 7.0pp81.9%▲ 7.3pp88.5%▲ 6.6pp92.5%▲ 4.0pp
Staff (FTE)1.2▲ 9.1%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 16% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107.5m
Fixed assets
€103.0m =
Current assets
€4.5m ▲ 4.1%
Equity and liabilities €107.5m
Equity
€99.5m ▲ 4.7%
Debt
€8.1m ▼ 34.7%
Debt's share of the balance-sheet total falls from 11.5% to 7.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
8.5%▼
2023 · 8.7%
ROA
7.9%▲
2023 · 7.7%
Debt ≤ 1 year
€8.0m▼
2023 · €8.5m
Income taxes
€84,968▲
2023 · €2,764
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €1.4m | €1.2m | €1.2m | €1.0m | ▼ 13.5% |
| Turnover70 | €2.1m | €1.2m | €1.2m | €1.2m | €1.0m | ▼ 13.5% |
| Other operating income74 | - | €141,074 | - | - | - | - |
| Operating charges60/66A | - | €828,338 | €696,678 | €569,144 | €314,857 | ▼ 44.7% |
| Services and other goods61 | - | €826,887 | €695,698 | €568,069 | €314,857 | ▼ 44.6% |
| Remuneration, social security and pensions62 | - | €12 | - | - | - | - |
| Other operating charges640/8 | - | €1,439 | €980 | €1,075 | - | - |
| Operating profit (loss)9901 | €1.3m | €550,835 | €552,392 | €598,153 | €695,143 | ▲ 16.2% |
| Financial income75/76B | - | €11.2m | €8.8m | €8.2m | €8.2m | = |
| Recurring financial income75 | €7.8m | €11.2m | €8.8m | €8.2m | €8.2m | = |
| Income from financial fixed assets750 | - | €11.2m | €8.8m | €8.2m | €8.2m | = |
| Financial charges65/66B | - | €249,848 | €222,976 | €520,843 | €355,271 | ▼ 31.8% |
| Recurring financial charges65 | €313,765 | €249,848 | €222,976 | €520,843 | €355,271 | ▼ 31.8% |
| Debt charges650 | €313,571 | €249,287 | €222,409 | €520,166 | €354,626 | ▼ 31.8% |
| Other financial charges652/9 | - | €561 | €567 | €677 | €645 | ▼ 4.7% |
| Profit (loss) for the period before taxes9903 | €8.8m | €11.5m | €9.1m | €8.3m | €8.5m | ▲ 3.2% |
| Income taxes67/77 | €240,946 | €75,247 | €101,104 | €2,764 | €84,968 | ▲ 2,974% |
| Taxes670/3 | - | €75,247 | €101,104 | €19,328 | €84,968 | ▲ 340% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €16,564 | - | - |
| Profit (loss) for the period9904 | €8.5m | €11.4m | €9.0m | €8.3m | €8.5m | ▲ 2.2% |
| Profit (loss) for the period to be appropriated9905 | €8.5m | €11.4m | €9.0m | €8.3m | €8.5m | ▲ 2.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €107.4m | €107.4m | €107.4m | €107.3m | €107.5m | ▲ 0.2% |
| Fixed assets21/28 | €103.0m | €103.0m | €103.0m | €103.0m | €103.0m | = |
| Financial fixed assets28 | €103.0m | €103.0m | €103.0m | €103.0m | €103.0m | = |
| Affiliated companies280/1 | - | €103.0m | €103.0m | €103.0m | €103.0m | = |
| Participating interests280 | - | €103.0m | €103.0m | €103.0m | €103.0m | = |
| Current assets29/58 | €4.4m | €4.4m | €4.4m | €4.3m | €4.5m | ▲ 4.1% |
| Amounts receivable within one year40/41 | €165,275 | €300,775 | €302,852 | €4.0m | €183,022 | ▼ 95.5% |
| Trade receivables40 | - | €74,894 | €76,971 | €204,061 | €51,222 | ▼ 74.9% |
| Other amounts receivable41 | - | €225,881 | €225,881 | €3.8m | €131,800 | ▼ 96.6% |
| Cash at bank and in hand54/58 | €4.3m | €4.1m | €4.1m | €306,599 | €4.3m | ▲ 1,315% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €107.4m | €107.4m | €107.4m | €107.3m | €107.5m | ▲ 0.2% |
| Equity10/15 | €72.7m | €80.2m | €88.0m | €95.0m | €99.5m | ▲ 4.7% |
| Contributions10/11 | €53.1m | €53.1m | €53.1m | €53.1m | €53.1m | = |
| Capital10 | - | €53.1m | €53.1m | €53.1m | €53.1m | = |
| Issued capital100 | - | €53.1m | €53.1m | €53.1m | €53.1m | = |
| Reserves13 | €1.4m | €1.9m | €2.4m | €2.8m | €3.2m | ▲ 15.1% |
| Non-distributable reserves130/1 | - | €1.9m | €2.4m | €2.8m | €3.2m | ▲ 15.1% |
| Legal reserve130 | - | €1.9m | €2.4m | €2.8m | €3.2m | ▲ 15.1% |
| Profit (loss) carried forward14 | €18.3m | €25.2m | €32.5m | €39.1m | €43.2m | ▲ 10.3% |
| Amounts payable17/49 | €34.7m | €27.2m | €19.4m | €12.3m | €8.1m | ▼ 34.7% |
| Amounts payable after more than one year17 | €25.0m | €17.9m | €10.7m | €3.6m | - | - |
| Financial debts170/4 | - | €17.9m | €10.7m | €3.6m | - | - |
| Credit institutions173 | - | €17.9m | €10.7m | €3.6m | - | - |
| Amounts payable within one year42/48 | €9.6m | €9.2m | €8.6m | €8.5m | €8.0m | ▼ 6.3% |
| Current portion of amounts payable after more than one year42 | - | €7.1m | €7.1m | €7.1m | €3.6m | ▼ 50.0% |
| Trade debts44 | €68,223 | €69,510 | €70,686 | €30,858 | €62,387 | ▲ 102% |
| Suppliers440/4 | - | €69,510 | €70,686 | €30,858 | €62,387 | ▲ 102% |
| Taxes, remuneration and social security45 | - | €94,819 | €105,306 | €101,077 | €256,061 | ▲ 153% |
| Taxes450/3 | - | €94,819 | €105,306 | €101,077 | €256,061 | ▲ 153% |
| Other amounts payable47/48 | - | €1.9m | €1.2m | €1.2m | €4.1m | ▲ 230% |
| Accrued charges and deferred income492/3 | - | €103,750 | €110,996 | €239,169 | €74,667 | ▼ 68.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8.5m | €11.4m | €9.0m | €8.3m | €8.5m | ▲ 2.2% |
| Operating cash flow (approximation) | €8.5m | €11.4m | €9.0m | €8.3m | €8.5m | ▲ 2.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€150,270 | -€37,714 | -€3.8m | €4.0m | ▲ 207% |
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
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
07-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 160 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 3 days late
2019
31-12
Financial
Highest result since 2018net €13.1m ▲140%
Operating result €1.3m, net result €13.1m, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2016
Ground area
4,381 m²
Building footprint
1,762 m²
Parcel 36017A1278/00Y002, Flanders. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
ForPar
since 20162.254.595.744
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A1278/00Y002 | Flanders | 4,381 m² | 1 · 1,762 m² | - |
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.
Structure & network
Owners and holdings
4 owners · 1 holding · 2 subsidiaries in the treeOwners 4
-
42.45%
-
42.45%
-
23.31%
- Sourceaccounts CINQO 202510.88%
Holdings 1
-
100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
FORUM JOBS 100%1 subsidiary
- Forum Jobs FranceFR 100%
According to the 2024 annual accounts of ForPar and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 1,828 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
Founded30-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0656772746
Registered
19-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.