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Forum Estates Holding

Active Risk: not assessed
Private limited companyfounded 2019active for 7 yearsBrusselsesteenweg 6, 9050 Gent, Belgium37 active companies are registered at this addressKBO/BCE: BE 0734.663.449
Summary

Forum Estates Holding has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €106.8m and a net result of -€3.4m. Equity is growing by about 5.8% per year across the filed financial years. Its solvency ranks better than 51% of 5,718 sector peers (NACE 68, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Buying and selling of own real estate
NACE 68110Activities of holding companies NACE 64210
7th largest company by total assets in Ghent, Real estate sector1 site
Size
€1.8mturnover 2025
Staff
9.6 FTE
Equity
€106.8m
Loss
-€3.4m
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
Parent
Cibus Nordic Real Estate AB (publ)
Board
4 members
Holdings
9
Auditor: KPMG BedrijfsrevisorenAccounts 9 days early
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
9 days early
2024
43 days early
2023
6 days early
2022
24 days early
2021
24 days early
2020
25 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€3.4m
  3. Resignation: KPMG Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Filip De Bock…

Key points

  • Caution: From profit to loss in 2025after €656,096 in 2024 -€3.4m View
  • Caution: Among the weakest 5% on net resultsector median €20,654 · 5,724 companies -€3.4m View
  • Controlled by Cibus Nordic Real Estate…the company in turn controls 12 companies parent View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

By topic

Financials

Financial year
2025
Turnover
€1.8m
Loss
-€3.4m
Solvency
39.5%
Turnover▼ 11.1%
Net result
20212025
Go to Financials

Board & ownership

Board
4 members
Parent
Cibus Nordic Real Estate…
Auditor
KPMG Bedrijfsrevisoren
  • Maxhenges BVDirector
  • Christina Pia-Lena OlofssonDirector
  • Lauri Samuel TiensuuDirector
  • GaeverlandDirector
Go to Board & ownership

Timeline

Events
37
Since
2019
Next accounts
by 31-07-2027
  1. 18-06-2025Annual accounts filed
  2. 10-03-2025Resignations: Tom Heeren, S.I.M.C. NV and 3…
  3. 25-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
19-09-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“1. Het verwerven van participaties in eender welke vorm in alle bestaande of nog op te…” (deed in Dutch)
Go to Articles of association

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