FORTYEIGHT
ActiveSummary
FORTYEIGHT has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425,617 and a net result of €156,324, of which €321,885 non-recurring income. Equity has been growing by about 30% per year since 2019. Its solvency ranks better than 25% of 298 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 13-10-2005 Normal situation
- Activity
- Specialised image, lighting and sound technical services NACE 90393and 1 other
- Establishment unit
- 2.363.615.430 5020 Namur, since 01-09-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 20-11-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €677,110
- ▲ 45.9%
- Turnover
- ≈ €920,000
- estimated
- Profit
- €156,324
- ▲ 15×
- Equity
- €425,617
- ▲ 55.8%
- Total assets
- €2.4m
- ▲ 13.0%
- Employees on 30-06-2025
- 5
- =
Score breakdownraises riskEquity €425,617 (18.1% of total assets)lowers riskFigures for financial year 2025 (filed on 30-01-2026)Sector: Arts creation and performing arts activities (NACE 90)Size: 4.9 FTE, total assets €2.4mShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 90, micro). It does better than 29% of them on solvency, 47% on liquidity, 49% on profitability and 86% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Result rose in 2025mostly from a one-off income of €321,885 ▲ 15× View
- Positive: 5th largest company by total assets in the province of Namur, Creative…in the Checked rankings No. 5 View
- Positive: 5 profitable years in a rowprofit 2025: €156,324, mostly one-off 5 years View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Company renamed from FORTIER to FORTYEIGHTResignation: Laurent FORTIER (director) · Reappointment: Laurent FORTIER (director) · Appointment: HALLET Isabelle (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as FORTYEIGHT: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €2.2m and €2.7m, founded between 1998 and 2008.
| Company | Total assets | Gross margin |
|---|---|---|
| FORTYEIGHT La Bruyère | €2.4m | €0.7m |
| SILVER PARTNERS Andenne | €2.5m | €0.8m |
| MINDMOVER Machelen (Brab.) | €2.2m | €0.5m |
| WEPLAY Waterloo | €2.5m | €0.8m |
| GROEP ARTHUR Antwerpen | €2.4m | €0.5m |
| PACT SOLUTIONS Braine-l'Alleud | €2.4m | €0.5m |
| GSF Event Gembloux | €2.7m | €1.1m |
Key facts about FORTYEIGHT
- What is the company number of FORTYEIGHT?
- The company number of FORTYEIGHT is 0876.655.514. The VAT number is the same number with BE in front: BE 0876.655.514.
- Where is FORTYEIGHT based?
- The registered office is at Rue Saint-Sauveur,Meux 19, 5081 La Bruyère.Company details
- What does FORTYEIGHT do?
- According to the KBO register, the main activity is specialised image, lighting and sound technical services (NACE 90393).
- What is the legal form of FORTYEIGHT?
- The legal form of FORTYEIGHT is Private limited company (BV).
- When was FORTYEIGHT founded?
- FORTYEIGHT was founded on 13-10-2005.
- Is FORTYEIGHT still active?
- Yes, FORTYEIGHT is an active enterprise in the KBO register.
- How many employees does FORTYEIGHT have?
- FORTYEIGHT had an average of 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FORTYEIGHT?
- The turnover in financial year 2025 is ≈ €920,000. This figure is estimated from the gross margin of €677,110 and 31 comparable companies (NACE 90). It probably lies between €720,000 and €1.7m.
- Is FORTYEIGHT profitable?
- In financial year 2025, FORTYEIGHT made a profit of €156,324.
- Where can I find the annual accounts of FORTYEIGHT?
- FORTYEIGHT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FORTYEIGHT due?
- FORTYEIGHT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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