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FORREZ - GALLE

Active
Public limited companyfounded 1992active for 33 yearsIzegemsestraat 66, 8850 Ardooie, BelgiumKBO/BCE: BE 0449.065.557

From the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FORREZ - GALLE has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €747,139 and a net result of €90,452. Equity has been growing by about 8.6% per year since 2018. Its solvency ranks better than 76% of 1,081 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 28-12-1992 Normal situation
Legal form
Public limited company
Registered office
Izegemsestraat 66, 8850 Ardooie
Activity
Freight transport by road NACE 49410
Establishment unit
2.060.426.785 8850 Ardooie, since 01-02-2002
Financial year end
31 December
Peppol
Reachable since 30-09-2025

Board and ownership

Board

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€764,208
▲ 8.7%
Turnover
≈ €1.6m
estimated
Profit
€90,452
▲ 75.4%
Equity
€747,139
▲ 4.2%
Total assets
€1.1m
▲ 7.6%
Staff
7.8 FTE
▼ 12.4%
2025 accounts filed 31 days after the deadline
Filed on 31-08-2026at the National Bank
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1992Profit of €90,452 (financial year 2025)Equity €747,139 (65.3% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Strong
Solvency 90-2
equity 65.3% of total assets
Liquidity 55-1
short-term debt 21.8% · cash 9.8%
Profitability 79+4
return on assets 7.9%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.1 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.81 (2.14 in 2024), above the usual 1.5. Short-term debt is 21.8% and cash 9.8% of total assets. 34.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 77% of them on solvency, 61% on liquidity, 62% on profitability and 46% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Profit of €90,452 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €747,139 (65.3% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
31 days early
2023
33 days early
2022
12 days early
2021
33 days early
2020
31 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 6th largest company by total assets in Ardooie, Transport and storage sectorin the Checked rankings No. 6 View
  • Positive: 8 profitable years in a rowprofit 2025: €90,452 8 years View

Documents

Annual accounts at the NBB

All 33 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about FORREZ - GALLE

What is the company number of FORREZ - GALLE?
The company number of FORREZ - GALLE is 0449.065.557. The VAT number is the same number with BE in front: BE 0449.065.557.
Where is FORREZ - GALLE based?
The registered office is at Izegemsestraat 66, 8850 Ardooie.Company details
What does FORREZ - GALLE do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of FORREZ - GALLE?
The legal form of FORREZ - GALLE is Public limited company (NV).
When was FORREZ - GALLE founded?
FORREZ - GALLE was founded on 28-12-1992.
Is FORREZ - GALLE still active?
Yes, FORREZ - GALLE is an active enterprise in the KBO register.
How many employees does FORREZ - GALLE have?
FORREZ - GALLE had an average of 7.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FORREZ - GALLE?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €764,208 and 38 comparable companies (NACE 49410). It probably lies between €1.3m and €2.4m.
Is FORREZ - GALLE profitable?
In financial year 2025, FORREZ - GALLE made a profit of €90,452.
Where can I find the annual accounts of FORREZ - GALLE?
FORREZ - GALLE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of FORREZ - GALLE due?
FORREZ - GALLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as FORREZ - GALLE: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €970,000 and €1.2m, founded between 1987 and 1996.

CompanyTotal assetsGross margin
FORREZ - GALLE Ardooie€1.1m€0.8m
METRA Zwevegem€1.2m€0.7m
SEDI - TRANS INTERNATIONAL TRANSPORT Kortemark€1.2m€0.7m
ANNTRANS Wingene€1.0m€0.7m
EDRICO Staden€1.1m€1.0m
EMMERECHTS EN ZONEN Grimbergen€1.1m€0.8m
ENTREPRISES GILBERT VEYS ET FILS Ellezelles€1.0m€0.7m
Full comparison

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