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FORSA

Active
Public limited companyfounded 1998active for 28 yearsTorhoutsestraat 105, 8020 Oostkamp, BelgiumKBO/BCE: BE 0463.670.787
Summary

FORSA has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.4m and a net result of €5.9m. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 54% of 10,771 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
FORSAActiveChecked score 97/100
Risk analysis ReportCompare

History

On 2 July 1998, FORSA was incorporated.1 Total assets went from €42.9m in 2018 to €28.9m in 2025 and headcount from 1 full-time equivalents in 2018 to 0.1 in 2020.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2020 and 2025

Acts, filings and financial milestones

2026
30-04
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2024
20-12
Gazette deed Resignations: Els VANDEMOORTELE (director) and Sanders Kristof (director)
Reappointments: Els VANDEMOORTELE (director) and Sanders Kristof (director) · Permanent representative: Kristof SANDERS · Amendment of the articles19 facts ▸
  • General meeting, 13-12-2024
  • Amendment of the articles (2 times)
  • Other provision, “uitvoering statutenwijziging via nieuwe statuten, aanpassing gebeurt bij aanname volledig nieuwe statuten hierna” (deed in Dutch)
  • Capital, €61,583.01
  • Registered office clause, “8020 Oostkamp (Ruddervoorde), Torhoutsestraat 105” (deed in Dutch)
  • Director resignation, Els VANDEMOORTELE (director)
  • Director resignation, Sanders Kristof (director)
  • Director reappointment, Els VANDEMOORTELE (director (not named in the articles))
  • Director reappointment, Sanders Kristof (director (not named in the articles))
  • Permanent representative, Kristof SANDERS
  • Director discharge, Els VANDEMOORTELE
  • Director discharge, Sanders Kristof
  • +7 further facts in this act
30-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
31-07
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
31-12
Financial Weakest financial yearnet €233,864 ▼80.3%
Net result drops to €233,864, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity more than quadruplescurrent ratio 9.14
Current ratio from 2.00 to 9.14; short-term debt falls from €11.7m to €1.5m.
23-06
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
24-08
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 24 days late
2020
31-12
Financial Liquidity more than doubledcurrent ratio 8.87
Current ratio from 3.43 to 8.87; short-term debt falls from €10.2m to €2.8m.
31-08
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 31 days late
2019
26-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
31-07
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
27-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
2016
26-08
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 26 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 26 annual accounts filed, the latest 10 are here; all 26 are under Financials.
1 of 11 deeds read
About the unread acts

Of the 11 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.

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