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FORTIOR

Active Risk: not assessed Public limited companyfounded 2002active for 24 yearsHulst 41, 9260 WichelenKBO/BCE: BE 0477.267.219 #4 company by equity in Wichelen
Heads the group FORTIOR 13 companies
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Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €616,595 (2023)
€323,157▼ 25.7%
lowest -€73,698 (2011)
€481,403▲ 49.8%
peak €7.9m (2024)
€6.3m▼ 20.6%
€5.5m▲ 47.0%
peak 0.6 FTE (2025)
0.6 FTE▲ 200%
Board5 names since 2019
4 directorsMarc Blancquaert and 3 others
Documentsfilings and deeds
07-05-20267 days late
2025abbreviated format
Gross margin from €434,878 to €323,157Result from €321,291 to €481,403Staff from 0.2 FTE to 0.6 FTE4 directors reappointed 14-05Dividend €2.1mEquity from €7.9m to €6.3m

Key points

from the 2025 annual accounts

Equity

€6.3m ▼ 20.6%
7.92024+0.5Profit-2.1Dividend6.32025

FORTIOR paid out €2.1m in dividends. That is 437% of the 2025 profit.

Result

€481,403 ▲ 49.8%
€321,0002024€481,0002025

The result rose in 2025 from €321,291 to €481,403.

Debts

€5.5m ▲ 47.0%
Other debts
+2.1
Taxes and wages
+0.01
Suppliers
+0.01
The rest
-0.3

Debts rose by €1.8m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Liquidity

1.54 was 3.72 in 2024

Short-term debts rose from €1.4m to €3.5m.

Group

12 companies controlled

Heads a group.

Position in the sector

€6.3m

More equity than 90% of companies in financial services. Sector median €580,572 · 6,701 companies.

2025 accounts filed 7 days after the deadlineFinancial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal, which does not raise the risk
1 signal.
neutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-05-2026, 7 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
7 days late
2024
30 days early
2023
6 days early
2022
10 days early
2021
4 days early
2020
16 days early
2019
6 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 9 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 25 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VB
Managing director
VB
Managing director
MB
Director, since 28-03-2025
VG
Van Gansberghe Rita
Director, since 28-03-2025

Shares in 3 companies, including Blancquaert Finance and Groep Blancquaert

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0477267219
4 directors reappointed Marc Blancquaert, Rita Van Gansberge, Vadim Blancquaert (managing director) and Vincent Blancquaert (managing director) · General meeting of 28-03-2025 · Gazette deed
Amendment of the articles General meeting of 11-10-2023 · Gazette deed
First establishment Hulst 41, Wichelen
All 37 events

Comparable companies

same main activity, similar in size and age
Company
FORTIOR Wichelen €11.8m €323,157 53.1% 0.6
DUCAJU Ghent €9.1m €322,094 57.3% 1
LOUWAGIE SPORT MANAGEMENT Kruisem €6.6m €345,020 96.7% 0.8
CASAKOR Wevelgem €14.9m €361,284 45.0% 1
CHÂTEAUX REAL ESTATE Hasselt €18.3m €251,055 81.8% 0.9
MEDIASCAP Brussels €7.9m €328,595 34.3% 0.4
WHITEFIELD Waregem €8.9m €417,084 95.4% 1

These companies have the same main activity as FORTIOR: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €6.6m and €18m, founded between 1999 and 2006.

Official details

Source: KBO
Status
Active since 04-04-2002Normal situation
Activity
Activities of holding companiesNACE 64210
Joint committees
100Auxiliary committee for blue-collar workers
200Auxiliary committee for white-collar workers · annual accounts 30-09-2024
Establishment unit
2.096.144.1659260 Wichelen, since 26-06-2002
Financial year end
30 September
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-09-2025

€11.8m▲ 1.2%
Employeeson 30-09-2025
2▲ 100%
Filing
Filed on 07-05-2026
Financials

Companies linked to FORTIOR

Insights on FORTIOR

FORTIOR files the abbreviated format. That format states no turnover. The gross margin rose from €74,820 in 2006 to €323,157 in 2025.

In May 2025, the Official Gazette published the appointment of Vadim Blancquaert as managing director.

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 FORTIOR

What is the company number of FORTIOR?
The company number of FORTIOR is 0477.267.219. The VAT number is the same number with BE in front: BE 0477.267.219.
Where is FORTIOR based?
The registered office is at Hulst 41, 9260 Wichelen.Company details
What does FORTIOR do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of FORTIOR?
FORTIOR is a public limited company (NV).
When was FORTIOR founded?
FORTIOR was founded on 04-04-2002.
Is FORTIOR still active?
Yes, FORTIOR is an active enterprise in the KBO register.
How many employees does FORTIOR have?
FORTIOR had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FORTIOR fall under?
In its 30-09-2024 annual accounts, FORTIOR states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of FORTIOR?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €323,157 and 34 comparable companies (NACE 64210). It probably lies between €350,000 and €670,000.
Is FORTIOR profitable?
In financial year 2025, FORTIOR made a profit of €481,403.
Where can I find the annual accounts of FORTIOR?
FORTIOR filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FORTIOR due?
FORTIOR must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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