Private limited company (pre-2019) · founded 2008 · 18 yrs activeRue du Petit Granit 1, 5580 Rochefort, BelgiumKBO/BCE: BE 0899.114.279
Summary
Forrez Services has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241,170 and a net result of €3,559. Equity is growing by ~7.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability38▼-9
Solvency39=
Growth65▼-1
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.4%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 2.02 in 2024; short-term debt: 40.7% and cash: 7.1% of total assets), but 86.3% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
○
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 27 March (5 of the last 5 filed years within 30 days of that day).
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
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 7 July 2008, Forrez Services was incorporated.1Of the 2 current board members, MUNO has served longest, since 2026.2Revenue went from EUR 3.1 million in 2018 to EUR 3.6 million in 2025 and headcount from 7.2 to 5.8 full-time equivalents.3
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
23.8%
76.2%
Fixed assets€418,622 ▼ 6.4%
Current assets€1.3m ▲ 7.7%
Equity and liabilities €1.8m
13.7%
86.3%
Equity€241,170 ▲ 1.5%
Debt€1.5m ▲ 4.4%
Debt's share of the balance-sheet total rises from 86.0% to 86.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€115,401▼
2024 · €180,601
Cash flow
€72,305▼
2024 · €115,955
Current ratio
1.87▼
2024 · 2.02
Quick ratio
1.08▼
2024 · 1.17
Debt to equity
6.29▲
2024 · 6.12
ROE
1.5%▼
2024 · 17.4%
ROA
0.2%▼
2024 · 2.4%
Interest coverage
2.52▼
2024 · 3.38
Debt ≤ 1 year
€716,678▲
2024 · €617,026
Debt > 1 year
€800,000▼
2024 · €835,474
Income taxes
€3,052▼
2024 · €15,459
Staff costs
€343,240▼
2024 · €380,488
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 4,504 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
Micro
10 to 20 years old
solvency 10 to 30%
a profit under 5% of the balance sheet
1.2%went bankrupt
1.6%stopped otherwise
97%still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.4%
3
0.5%
0.5%
4
0.6%
0.7%
5
0.8%
0.9%
6
1.2%
1.3%
7
1.5%
1.7%
8
1.7%
1.7%
9
2.7%
2.8%
10
5.3%
5.7%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 4,504 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 accountsAs filed with the NBB · 2025 against 2024 · 73 lines
Balance sheetCode20242025
Assets
Total assets20/58€1.7m€1.8m▲
Fixed assets21/28€447,032€418,622▼
Intangible fixed assets21€16,722€12,722▼
Tangible fixed assets22/27€429,760€405,350▼
Land and buildings22€367,266€341,728▼
Plant, machinery and equipment23€29,486€41,305▲
Furniture and vehicles24€25,431€15,482▼
Other tangible fixed assets26€355€0▼
Assets under construction and advance payments27€7,222€6,836▼
Financial fixed assets28€550€550=
Other financial fixed assets284/8€550€550=
Amounts receivable and cash guarantees285/8€550€550=
Current assets29/58€1.2m€1.3m▲
Stocks and contracts in progress3€523,728€563,937▲
Stocks30/36€523,728€563,937▲
Goods purchased for resale34€523,728€563,937▲
Amounts receivable within one year40/41€643,266€644,157▲
Trade receivables40€628,725€643,281▲
Other amounts receivable41€14,541€877▼
Cash at bank and in hand54/58€71,906€125,111▲
Deferred charges and accrued income490/1€5,549€6,942▲
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.8m▲
Equity10/15€237,611€241,170▲
Contributions10/11€42,570€42,570=
Reserves13€195,041€198,600▲
Distributable reserves133€195,041€198,600▲
Amounts payable17/49€1.5m€1.5m▲
Amounts payable after more than one year17€835,474€800,000▼
Financial debts170/4€35,474€0▼
Credit institutions173€35,474€0▼
Other amounts payable178/9€800,000€800,000=
Amounts payable within one year42/48€617,026€716,678▲
Current portion of amounts payable after more than one year42€83,346€35,474▼
Financial debts43€0€7,493▲
Credit institutions430/8€0€7,493▲
Trade debts44€235,534€428,382▲
Suppliers440/4€235,534€428,382▲
Advances received on contracts in progress46€63,449€45,514▼
Taxes, remuneration and social security45€71,663€49,293▼
Taxes450/3€5,229€4,734▼
Remuneration and social security454/9€66,434€44,559▼
Other amounts payable47/48€163,035€150,521▼
Accrued charges and deferred income492/3€1,368€922▼
Income statementCode20242025
Operating income70/76A€3.6m€3.6m▼
Turnover70€3.6m€3.6m▼
Other operating income74€14,025€12,865▼
Operating charges60/66A€3.5m€3.5m=
Goods for resale, raw materials and consumables60€2.7m€2.7m▼
Purchases600/8€2.5m€2.7m▲
Change in stocks: decrease (increase)609€149,339-€44,147▼
Services and other goods61€395,901€416,034▲
Remuneration, social security and pensions62€380,488€343,240▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74,727€68,746▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€11,822€13,790▲
Other operating charges640/8€13,731€13,019▼
Operating profit (loss)9901€105,874€46,655▼
Financial income75/76B€7,088€8,180▲
Recurring financial income75€7,088€8,180▲
Income from current assets751€2,423€3,386▲
Other financial income752/9€4,665€4,794▲
Financial charges65/66B€56,275€48,224▼
Recurring financial charges65€56,275€48,224▼
Debt charges650€53,438€45,792▼
Other financial charges652/9€2,837€2,432▼
Profit (loss) for the period before taxes9903€56,687€6,611▼
Income taxes67/77€15,459€3,052▼
Taxes670/3€15,459€3,052▼
Profit (loss) for the period9904€41,228€3,559▼
Profit (loss) for the period to be appropriated9905€41,228€3,559▼
Appropriation of the result
Profit (loss) to be appropriated9906€41,228€3,559▼
Transfer to equity691/2€41,228€3,559▼
To other reserves6921€41,228€3,559▼
Social balance
Average headcount (FTE)90876.05.8▼
The notes to these accounts (89 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
-
€3.7m
€3.8m
€3.6m
€3.6m
▼ 1.7%
Turnover70
€3.4m
€3.7m
€3.8m
€3.6m
€3.6m
▼ 1.6%
Other operating income74
-
€24,635
€26,129
€14,025
€12,865
▼ 8.3%
Non-recurring operating income76A
-
€0
-
-
-
-
Operating charges60/66A
-
€3.6m
€3.7m
€3.5m
€3.5m
=
Goods for resale, raw materials and consumables60
-
€2.8m
€2.8m
€2.7m
€2.7m
▼ 0.1%
Purchases600/8
-
€3.0m
€2.7m
€2.5m
€2.7m
▲ 7.6%
Change in stocks: decrease (increase)609
-
-€165,665
€99,062
€149,339
-€44,147
▼ 130%
Services and other goods61
-
€368,931
€461,502
€395,901
€416,034
▲ 5.1%
Remuneration, social security and pensions62
-
€322,049
€353,767
€380,488
€343,240
▼ 9.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€79,578
€78,539
€72,478
€74,727
€68,746
▼ 8.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
-
€17,396
€1,677
-€11,822
€13,790
▲ 217%
Other operating charges640/8
-
€9,319
€12,927
€13,731
€13,019
▼ 5.2%
Operating profit (loss)9901
€46,250
€63,105
€32,473
€105,874
€46,655
▼ 55.9%
Financial income75/76B
-
€6,560
€6,657
€7,088
€8,180
▲ 15.4%
Recurring financial income75
€14,186
€6,560
€6,657
€7,088
€8,180
▲ 15.4%
Income from current assets751
-
€1,136
€1,828
€2,423
€3,386
▲ 39.7%
Other financial income752/9
-
€5,424
€4,829
€4,665
€4,794
▲ 2.8%
Financial charges65/66B
-
€20,487
€33,905
€56,275
€48,224
▼ 14.3%
Recurring financial charges65
€20,383
€20,487
€33,905
€56,275
€48,224
▼ 14.3%
Debt charges650
€16,270
€16,850
€28,757
€53,438
€45,792
▼ 14.3%
Other financial charges652/9
-
€3,637
€5,149
€2,837
€2,432
▼ 14.3%
Profit (loss) for the period before taxes9903
€40,052
€49,179
€5,225
€56,687
€6,611
▼ 88.3%
Income taxes67/77
-
€2,009
€2,397
€15,459
€3,052
▼ 80.3%
Taxes670/3
-
€2,009
€2,397
€15,459
€3,052
▼ 80.3%
Profit (loss) for the period9904
€40,052
€47,170
€2,827
€41,228
€3,559
▼ 91.4%
Profit (loss) for the period to be appropriated9905
€40,052
€47,170
€2,827
€41,228
€3,559
▼ 91.4%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€1.9m
€2.0m
€2.0m
€1.7m
€1.8m
▲ 4.0%
Fixed assets21/28
€567,374
€563,097
€511,804
€447,032
€418,622
▼ 6.4%
Intangible fixed assets21
€28,722
€24,722
€20,722
€16,722
€12,722
▼ 23.9%
Tangible fixed assets22/27
€538,103
€537,826
€490,533
€429,760
€405,350
▼ 5.7%
Land and buildings22
-
€453,680
€410,198
€367,266
€341,728
▼ 7.0%
Plant, machinery and equipment23
-
€14,401
€30,921
€29,486
€41,305
▲ 40.1%
Furniture and vehicles24
-
€45,507
€35,380
€25,431
€15,482
▼ 39.1%
Other tangible fixed assets26
-
€20,416
€9,514
€355
€0
▼ 100%
Assets under construction and advance payments27
-
€3,822
€4,520
€7,222
€6,836
▼ 5.4%
Financial fixed assets28
€550
€550
€550
€550
€550
=
Other financial fixed assets284/8
-
€550
€550
€550
€550
=
Amounts receivable and cash guarantees285/8
-
€550
€550
€550
€550
=
Current assets29/58
€1.3m
€1.4m
€1.5m
€1.2m
€1.3m
▲ 7.7%
Stocks and contracts in progress3
€594,990
€746,850
€658,565
€523,728
€563,937
▲ 7.7%
Stocks30/36
-
€746,850
€658,565
€523,728
€563,937
▲ 7.7%
Goods purchased for resale34
-
€746,850
€658,565
€523,728
€563,937
▲ 7.7%
Amounts receivable within one year40/41
€690,307
€590,027
€725,739
€643,266
€644,157
▲ 0.1%
Trade receivables40
-
€578,781
€725,637
€628,725
€643,281
▲ 2.3%
Other amounts receivable41
-
€11,246
€103
€14,541
€877
▼ 94.0%
Cash at bank and in hand54/58
€39,138
€65,698
€101,013
€71,906
€125,111
▲ 74.0%
Deferred charges and accrued income490/1
-
€5,487
€5,426
€5,549
€6,942
▲ 25.1%
Equity and liabilities
Total equity and liabilities10/49
€1.9m
€2.0m
€2.0m
€1.7m
€1.8m
▲ 4.0%
Equity10/15
€146,385
€193,555
€196,382
€237,611
€241,170
▲ 1.5%
Contributions10/11
-
€42,570
€42,570
€42,570
€42,570
=
Reserves13
€103,815
€150,985
€153,812
€195,041
€198,600
▲ 1.8%
Distributable reserves133
-
€150,985
€153,812
€195,041
€198,600
▲ 1.8%
Amounts payable17/49
€1.7m
€1.8m
€1.8m
€1.5m
€1.5m
▲ 4.4%
Amounts payable after more than one year17
€689,322
€602,166
€918,820
€835,474
€800,000
▼ 4.2%
Financial debts170/4
-
€202,166
€118,820
€35,474
€0
▼ 100%
Credit institutions173
-
€202,166
€118,820
€35,474
€0
▼ 100%
Other amounts payable178/9
-
€400,000
€800,000
€800,000
€800,000
=
Amounts payable within one year42/48
€1.1m
€1.2m
€887,174
€617,026
€716,678
▲ 16.2%
Current portion of amounts payable after more than one year42
-
€87,155
€83,346
€83,346
€35,474
▼ 57.4%
Financial debts43
-
€256,330
€250,000
€0
€7,493
-
Credit institutions430/8
-
€256,330
€250,000
€0
€7,493
-
Trade debts44
€221,158
€241,935
€213,829
€235,534
€428,382
▲ 81.9%
Suppliers440/4
-
€241,935
€213,829
€235,534
€428,382
▲ 81.9%
Advances received on contracts in progress46
-
€123,095
€94,921
€63,449
€45,514
▼ 28.3%
Taxes, remuneration and social security45
-
€59,741
€71,870
€71,663
€49,293
▼ 31.2%
Taxes450/3
-
€2,383
€11,708
€5,229
€4,734
▼ 9.5%
Remuneration and social security454/9
-
€57,358
€60,162
€66,434
€44,559
▼ 32.9%
Other amounts payable47/48
-
€405,879
€173,208
€163,035
€150,521
▼ 7.7%
Accrued charges and deferred income492/3
-
€1,304
€172
€1,368
€922
▼ 32.6%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€40,052
€47,170
€2,827
€41,228
€3,559
▼ 91.4%
+ Depreciation and write-downs630
€79,578
€78,539
€72,478
€74,727
€68,746
▼ 8.0%
Operating cash flow (approximation)
€119,630
€125,709
€75,306
€115,955
€72,305
▼ 37.6%
Investment in fixed assets (approximation)
-
-€74,262
-€21,186
-€9,954
-€40,336
▼ 305%
Change in cash
-
€26,560
€35,315
-€29,108
€53,205
▲ 283%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
What happened to the company over the years, from its founding to recent changes. Many changes in a short time are a reason to ask questions.
Next filing, fiscal year 2026, expected by
30-04-2027
2026
03-07
State Gazette actResignations: MUNO (director) and WEVANO (director)
Appointments: MUNO (non-statutory director) and WEVANO (daily management delegate) · Permanent representatives: Michaël Paul DE RUIJTER and Nicolaas Cornelis Maria JACOBS · Director discharge10 facts ▸
General meeting, 03-06-2026
Director resignation, MUNO (director)
Director resignation, WEVANO (director)
Director discharge, MUNO (director)
Director discharge, WEVANO (director)
Director appointment, MUNO (non-statutory director)
Permanent representative, Michaël Paul DE RUIJTER (permanent representative)
Permanent representative, Nicolaas Cornelis Maria JACOBS (représentant permanent suppléant)
Board meeting, 03-06-2026
Director appointment, WEVANO (daily management delegate)
09-04
NBB filingAnnual accounts filed
fiscal year 2025 · unclassified schema
2025
03-04
NBB filingAnnual accounts filed
fiscal year 2024 · unclassified schema
2024
30-09
FinancialEquity above €200,000Eq €237,611 ▲21%
4 profitable years in a row build equity to €237,611.
12-03
NBB filingAnnual accounts filed
fiscal year 2023 · unclassified schema
2023
27-03
NBB filingAnnual accounts filed
fiscal year 2022 · unclassified schema
2022
30-09
FinancialHighest result since 2018net €47,170 ▲17.8%
Net result €47,170, the highest in the series.
30-09
FinancialEquity above €150,000Eq €193,555 ▲32.2%
2 profitable years in a row build equity to €193,555.
17-03
NBB filingAnnual accounts filed
fiscal year 2021 · unclassified schema
2021
30-09
FinancialBack to profitnet €40,052
Net result €40,052 after one loss-making year.
21-04
NBB filingAnnual accounts filed
fiscal year 2020 · unclassified schema
2020
21-04
NBB filingAnnual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
30-09
FinancialBack to profitnet €14,299
Net result €14,299 after one loss-making year.
30-09
FinancialEquity above €150,000Eq €158,890 ▲6.3%
Equity rises from €149,515 to €158,890.
05-04
NBB filingAnnual accounts filed
fiscal year 2018 · full schema
2018
22-03
NBB filingAnnual accounts filed
fiscal year 2017 · full schema
2017
15-03
NBB filingAnnual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
1 director, 1 in day-to-day management, last change in 2026
Daily management delegate · since 03-07-2026 · Private limited company · perm. rep.: Geert Mertens
Current
Permanent representatives 2
MG
Geert Mertens
Permanent representative · since 03-07-2026 · for WEVANO
Current
FM
Marie Christine Forrez
Permanent representative · since 03-07-2026 · for MUNO
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
12 of this company's 13 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Registered office, Rochefort · 1 establishment unit since 2008
The establishment unit on the mapLoading the map
seatestablishmentThe establishment unit on the map
Ground area
4,998 m²
Building footprint
2,284 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
LEB SERVICES
Rue du Petit Granit 8, 5580 RochefortNACE 45113
since 20082.172.216.515
2 parcels
Wallonia2(100%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
91114D0002/00M003
Wallonia
3,374 m²
1 · 1,928 m²
-
91114D0002/00L010
Wallonia
1,624 m²
1 · 356 m²
-
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
8 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 999 companies in sector 95315 we hold annual accounts for 427. 301 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPrivate limited company (pre-2019)
Founded07-07-2008
Fiscal year end30-09
Activities, NACEBEL 2025
95315Tyre services
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
47300Retail sale of automotive fuel
Contact
Phone084/222530Rochefort
E-invoicing
Reachable via Peppol
Peppol ID0208:0899114279
Also9925:BE0899114279
Registered16-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.