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FORTBEKE

Active
Public limited companyfounded 199432 yrs activeGemeneweidestraat 51, 8000 Brugge, BelgiumKBO/BCE: BE 0452.551.421

FORTBEKE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €267k and a net result of €-18k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 95% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
76 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.82 against 5.17 in 2024; short-term debt: 10.3% and cash: 22.6% of total assets), and 10.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
192122232425
2019 to 2025 · latest year €-18k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
1 d early
2023
2 d early
2022
8 d early
2021
3 d early
2020
6 d early
2019
28 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
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

Financials · fiscal year 2025, micro schema

Turnover
€91k
EBIT margin
-11.7%
Net result
€-18k▼ 152%
2024 · €-7k
2019: €31k 2021: €11k 2022: €13k 2023: €-3k 2024: €-7k
2019 → 2025
Working capital
€56k▼ 55.6%
2024 · €126k
2019: €108k 2021: €124k 2022: €130k 2023: €129k 2024: €126k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€286k-€298k▲ 4.0%€294k▼ 1.5%€285k▼ 2.9%€267k▼ 6.5%
Operating result€10k-€12k▲ 13.6%€-4k€-8k▼ 121%€-19k▼ 121%
Net result€11k-€13k▲ 14.1%€-3k€-7k▼ 133%€-18k▼ 152%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2021: €10k€10kNet result 2021: €11k€11kOperating result 2022: €12k€12kNet result 2022: €13k€13kOperating result 2023: €-4k€-4kNet result 2023: €-3k€-3kOperating result 2024: €-8k€-8kNet result 2024: €-7k€-7kOperating result 2025: €-19k€-19kNet result 2025: €-18k€-18k20212022202320242025
The operating result stays negative: a loss of €19k in 2025 against €8k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297k
Fixed assets €211k▲ 29.3%
Current assets €87k▼ 44.5%
Equity and liabilities €297k
Equity €267k▼ 6.5%
Debt €31k▼ 8.8%
The debt ratio falls from 10.6% to 10.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€839
2024 · €8k
Cash flow
€967
2024 · €9k
Solvency
89.7%
2024 · 89.4%
Current ratio
2.82
2024 · 5.17
Quick ratio
2.82
2024 · 5.17
Debt / equity
0.12
2024 · 0.12
ROE
-6.9%
2024 · -2.6%
ROA
-6.2%
2024 · -2.3%
Interest coverage
10.18
2024 · 22.32
Debt
€31k
2024 · €34k
Debt ≤ 1 year
€31k
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€319k€297k
Fixed assets21/28€163k€211k
Tangible fixed assets22/27€163k€211k
Land and buildings22€136k€135k
Plant, machinery and equipment23€11k€59k
Furniture and vehicles24€10k€13k
Other tangible fixed assets26€6k€4k
Current assets29/58€156k€87k
Amounts receivable within one year40/41€19k€17k
Trade receivables40€15k€17k
Other amounts receivable41€4k€23
Cash at bank and in hand54/58€135k€67k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€319k€297k
Equity10/15€285k€267k
Contributions10/11€258k€258k=
Capital10€258k€258k=
Issued capital100€258k€258k=
Reserves13€710€710=
Non-distributable reserves130/1€710€710=
Legal reserve130€710€710=
Profit (loss) carried forward14€27k€8k
Amounts payable17/49€34k€31k
Amounts payable within one year42/48€30k€31k
Trade debts44€10k€13k
Suppliers440/4€10k€13k
Taxes, remuneration and social security45€10k€2k
Taxes450/3€10k€2k
Other amounts payable47/48€10k€16k
Accrued charges and deferred income492/3€4k-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€19k
Other operating charges640/8€5k€5k
Gross operating margin9900€12k€5k
Operating profit (loss)9901€-8k€-19k
Financial income75/76B€1k€211
Recurring financial income75€1k€211
Financial charges65/66B€348€82
Recurring financial charges65€348€82
Profit (loss) for the period before taxes9903€-7k€-18k
Profit (loss) for the period9904€-7k€-18k
Profit (loss) for the period to be appropriated9905€-7k€-18k
Appropriation of the result
Profit (loss) to be appropriated9906€27k€8k
Profit (loss) brought forward from the previous period14P€34k€27k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Liquidity doublescurrent ratio 13.96
Current ratio from 6.69 to 13.96; short-term debt falls from €19k to €10k.
25-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Brugge · 1 establishment unit since 1994
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Gemeneweidestraat 518000 Brugge
Ground area
2,291 m²
Building footprint
539 m²
Volume, LiDAR
2,856 m³
Parcel 31014A0198/00H000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FORTBEKE NV
Gemeneweidestraat 51, 8000 BruggeNACE 70201
since 19942.066.928.656
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31014A0198/00H000
ProtectedMonument · Townscape or village viewHoeve Fort van BeierenSource ↗
Flanders 2,291 m² 1 · 539 m² 10.0 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 142,836 EUR awarded · 9,694 EUR paid
Year Entries awardedpaid
2025 1 111,915 EUR0 EUR
2023 2 20,047 EUR9,694 EUR
2022 1 10,874 EUR0 EUR
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
3 entries · 142,291 EUR · 9,149 EUR paid · Onroerend Erfgoed
Energiesteun 2 (stopgezet)
1 entry · 545 EUR · 545 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,352 companies in sector 56220 we hold annual accounts for 405. 258 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded07-04-1994
Fiscal year end30-06
Activities, NACEBEL
56220Contract catering and other food service activities
56290Food and beverage service activities
58130Publishing activities
58140Publishing activities
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.