Equity
€4.3m ▲ 0.9%
FORREZ WALLONIE paid out €350,000 in dividends. That is 90% of the 2026 profit.
FORREZ WALLONIE
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2006peak €20.9m (2022)
€18.6m▲ 5.9%
peak €553,403 (2022)
€389,390▲ 100%
peak €4.6m (2023)
€4.3m▲ 0.9%
€5.2m▲ 6.7%
peak 45.9 FTE (2026)
45.9 FTE▲ 2.7%
Board7 names since 2018
2 directorsMUNO and 1 other
Owners3 names in the annual accounts
consolidatesMUNO
Documentsfilings and deeds
08-10-202623 days before the deadline
2026financial year
Result from €194,657 to €389,3901 director resigning 30-06Dividend €350,000
Key points
from the 2026 annual accountsResult
€389,390 ▲ 100%
The result rose in 2026 from €194,657 to €389,390.
Staff
45 employees on 31-03-2026
In 2026, 20 people joined and 19 left. On top of that, 1.5 agency workers worked there on average.
Filings
21 annual accounts since 2006
Two of the last ten came late. The 2024 accounts came latest: 99 days after the end of the period.
Board
1 joined
New director. Latest change 30-06-2026 · 2 in office.
Position in the sector
€389,390
Higher net result than 95% of companies in repair of computers and personal goods. Sector median €21,805 · 159 companies.
Checked score
83
Excellent
Financially stronger than 50% of small companies in repair of computers and personal goods (NACE 95)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 327 companies (NACE 95, small).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.5%▼ -0.1 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.1 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.7%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.5%▼ -0.2 percentage points vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.4%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.64, cash €336,493
1 of the last 3 accounts late
Size: turnover €18.6m, 45.9 FTE, total assets €9.5m
lowers risk
Founded in 2005
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 95, small). It does better than 67% of them on solvency, 37% on liquidity, 40% on profitability and 56% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as FORREZ WALLONIE has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FORREZ WALLONIE itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for FORREZ WALLONIE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €360,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.64 (1.69 in 2025), above the usual 1.5. Short-term debt is 49.5% and cash 3.5% of total assets. However, 54.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 08-10-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
23 days early
2025
21 days early
2024
99 days late
2023
41 days early
2022
25 days early
2021
19 days early
2020
17 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 7 days before the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 8 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- SPACERENT 100%score 90equity €7.0m (2026) · 31-03-2025 annual accounts of SPACERENT
- Muno BV consolidatesannual accounts 31-03-2026
Recent changes
1 statutory auditor reappointed
SRL VRC Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Frederik Vander Donckt and Geert Mertens · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0872213904
Reappointment: VANDER DONCKT-ROOBROUCK-CHRISTIAENS BEDRIJFSREVISOREN (statutory auditor)
Permanent representative: Geert Mertens · General meeting of 10-09-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FORREZ WALLONIE Leuze-en-Hainaut | €18.6m | 2.7% | 45.7% | 45.9 |
| INCAR-MOTOR Seraing | €43.1m | 1.0% | 11.7% | 44.2 |
| SCANDIA Liège | €39.3m | -0.2% | 16.5% | 41.4 |
| G & G PARTS Chaudfontaine | €46.0m | 0.1% | 23.5% | 46.3 |
| TH Trucks Charleroi Charleroi | €28.2m | 1.2% | 18.3% | 35.8 |
| D'HAENE MONS Ath | €40.1m | 1.8% | 13.2% | 54.7 |
| LIERS AUTO CENTER Lier | €29.8m | 0.8% | 22.7% | 31.2 |
Grey: the largest companies of the sector (repair of computers and personal goods (NACE 95)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as FORREZ WALLONIE: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €8.2m and €14m, founded between 1993 and 2006.
Official details
Source: KBO- Status
- Active since 02-03-2005Normal situation
- Activity
- General maintenance and repair of cars and light vans (up to 3.5 tonnes)NACE 95311and 2 others
- Joint committees
- 112Garages
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
- Establishment units
- 2.145.635.2487900 Leuze-en-Hainaut, since 15-03-2005
- 2.145.650.2926220 Fleurus, since 15-03-2005and 2 others
- Financial year end
- 31 March
- Peppol
- Reachable since 16-09-2025
Annual accounts to 31-03-2026
- €9.5m▲ 4.0%
- Employeeson 31-03-2026
- 45▲ 2.3%
- Filing
- Filed on 08-10-2026, 23 days before the end of the filing period
Companies linked to FORREZ WALLONIE
Parent and group
Insights on FORREZ WALLONIE
FORREZ WALLONIE has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €4.3m and a net result of €389,390.
Equity has been stable since 2019 (±1.5% per year). Its solvency ranks better than 54% of 159 sector peers (NACE 95, financial year 2026).
The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FORREZ WALLONIE
- What is the company number of FORREZ WALLONIE?
- The company number of FORREZ WALLONIE is 0872.213.904. The VAT number is the same number with BE in front: BE 0872.213.904.
- Where is FORREZ WALLONIE based?
- The registered office is at Boulevard du Prince Régent 3, 7900 Leuze-en-Hainaut.Company details
- What does FORREZ WALLONIE do?
- According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
- What is the legal form of FORREZ WALLONIE?
- FORREZ WALLONIE is a public limited company (NV).
- When was FORREZ WALLONIE founded?
- FORREZ WALLONIE was founded on 02-03-2005.
- Is FORREZ WALLONIE still active?
- Yes, FORREZ WALLONIE is an active enterprise in the KBO register.
- How many employees does FORREZ WALLONIE have?
- FORREZ WALLONIE had an average of 45.9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does FORREZ WALLONIE fall under?
- In its 31-03-2026 annual accounts, FORREZ WALLONIE states joint committees 112 (Garages) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of FORREZ WALLONIE?
- The turnover of FORREZ WALLONIE was €18.6m in financial year 2026, according to the filed annual accounts.
- Is FORREZ WALLONIE profitable?
- In financial year 2026, FORREZ WALLONIE made a profit of €389,390.
- Where can I find the annual accounts of FORREZ WALLONIE?
- FORREZ WALLONIE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of FORREZ WALLONIE due?
- FORREZ WALLONIE must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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