Filings
12 annual accounts since 2014
The 2021 accounts came 18 days late. The other nine of the last ten were filed on time.
FORUM ESTATES
Lifetime
5 annual accounts with figures on one time axis, 12 filings since 2014peak €5.2m (2017)
-not published
lowest -€2.4m (2018)
-€2.4m▼ €2.8m
peak €49.7m (2018)
€49.7m▲ 31.4%
€123.0m▲ 43.3%
peak 0.9 FTE (2018)
0.9 FTE
Board22 names since 2015all names
5 directorsDONCHE & DONCHE and 4 others
Owners5 names in the annual accounts
Documentsfilings and deeds
18-06-201943 days before the deadline
2018financial year
Loss of €2.4mMerger: Ulvenhout Retail Invest Fund takes over Retail Leuven 31-126 directors appointed, 1 manager resigning 31-12Appointment: PricewaterhouseCoopers Bedrijfsrevisoren (statut… 29-11Merger proposal: ULVENHOUT RETAIL INVEST FUND takes over ULVE… 30-10Equity from €37.8m to €49.7m
Key points
from the 2018 annual accountsAt the same address
35 companies
Restructuring
3
3 restructurings since 2023. Latest: merger with IMOTOP.
2018 figures too old to score
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2018. They are too old for a current score.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%
01-2025: 1.8%● unchanged vs 12-2024
02-2025: 1.8%● unchanged vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.8%● unchanged vs 03-2025
05-2025: 1.8%● unchanged vs 04-2025
06-2025: 1.8%● unchanged vs 05-2025
07-2025: 1.8%● unchanged vs 06-2025
08-2025: 2.4%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 1.8%▼ -0.6 percentage points vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.4%▼ -0.4 percentage points vs 01-2026lowest value
03-2026: 1.4%● unchanged vs 02-2026lowest value
04-2026: 1.4%● unchanged vs 03-2026lowest value
05-2026: 1.4%● unchanged vs 04-2026lowest value
06-2026: 1.4%● unchanged vs 05-2026lowest value
07-2026: 1.4%● unchanged vs 06-2026lowest value
08-2026: 1.4%● unchanged vs 07-2026lowest value
09-2026: 1.4%● unchanged vs 08-2026lowest value
10-2026: 1.4%● unchanged vs 09-2026lowest value
11-2026: 1.4%● unchanged vs 10-2026lowest value
Financial strength, FY 2018Average
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
on the day
2023
on the day
2022
26 days early
2021
18 days late
2020
37 days early
2019
51 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 15 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 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 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
MB
Maxhenges BV
Director, Elke Krols
- Forum Estates Holding 100%equity €106.8m (2025) · 2025 annual accounts of Forum Estates Holding
Recent changes
Merger: FORUM ESTATES takes over IMOTOP
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0535599554
New statutory auditor
PwC Bedrijfsrevisoren BV appointed, KPMG Bedrijfsrevisoren BV resigned · Permanent representatives: Filip De Bock, Jeroen Bockaert and Elke Krols · General meeting of 03-06-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FORUM ESTATES Ghent | €8.8m | 2.8% | 28.6% | 0.9 |
| VEKABO Ghent | €7.1m | 31.1% | 16.2% | 2.1 |
| UNIBRA REAL ESTATE Watermael-Boitsfort | €2.2m | -44.3% | 64.2% | 2.2 |
| FG EURO GREEN 1 Brussels | €9.2m | 47.5% | 26.1% | - |
| Groep Caenen Capital Fund Middelkerke | €10.6m | 14.8% | 3.5% | - |
| Solar PFK Brussels | €6.3m | - | 16.9% | - |
| Novus Bruges | €10.2m | 2.7% | 60.3% | 1.6 |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as FORUM ESTATES: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €70m and €140m, founded between 1999 and 2016.
Official details
Source: KBO- Status
- Active since 11-06-2013Normal situation
- Registered office
- 37 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110and 1 other
- Establishment unit
- 2.219.903.5949050 Ghent, since 11-06-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2018
- €173.7m
- Filing
- 2025 annual accounts filed on 23-07-2026, 8 days before the end of the filing period
Insights on FORUM ESTATES
FORUM ESTATES has existed since 2013. In 2015 the gross margin rose from €25,356 to €954,826.
Forum Estates Holding holds all the shares. In March 2025, five directors stepped down.
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 FORUM ESTATES
- What is the company number of FORUM ESTATES?
- The company number of FORUM ESTATES is 0535.599.554. The VAT number is the same number with BE in front: BE 0535.599.554.
- Where is FORUM ESTATES based?
- The registered office is at Brusselsesteenweg 6, 9050 Ghent.Company details
- What does FORUM ESTATES do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of FORUM ESTATES?
- FORUM ESTATES is a public limited company (NV).
- When was FORUM ESTATES founded?
- FORUM ESTATES was founded on 11-06-2013.
- Is FORUM ESTATES still active?
- Yes, FORUM ESTATES is an active enterprise in the KBO register.
- How many employees does FORUM ESTATES have?
- FORUM ESTATES had an average of 0.9 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of FORUM ESTATES?
- The turnover of FORUM ESTATES was €8.8m in financial year 2018, according to the filed annual accounts.
- Is FORUM ESTATES profitable?
- In financial year 2018, FORUM ESTATES made a loss of €2.4m.
- Where can I find the annual accounts of FORUM ESTATES?
- FORUM ESTATES filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FORUM ESTATES due?
- FORUM ESTATES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.Forum Estates Holding · 16 companies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.