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Forward Focus

Active
Private limited companyfounded 20233 yrs activeNaamsesteenweg 483/A, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0804.308.855
Summary

Forward Focus has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59,771 and a net result of €57,771. Its solvency ranks better than 55% of 2277 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency88
Growth-
Track record79
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.79; short-term debt: 36.9% and cash: 38.8% of total assets), and 36.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 34 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

History

Forward Focus was incorporated on 26 July 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€59,771
Total assets
€94,777
Net result
€57,771
Working capital
€27,667

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €94,777
Fixed assets €32,104
Current assets €62,674
Equity and liabilities €94,777
Equity €59,771
Debt €35,007
Debt finances 36.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€83,399
Cash flow
€59,462
Current ratio
1.79
Debt to equity
0.59
ROE
96.7%
ROA
61.0%
Interest coverage
430.54
Debt ≤ 1 year
€35,007
Income taxes
€23,756
Staff costs
€97
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€94,777
Fixed assets21/28€32,104
Tangible fixed assets22/27€32,104
Plant, machinery and equipment23€2,704
Other tangible fixed assets26€29,400
Current assets29/58€62,674
Amounts receivable within one year40/41€25,855
Trade receivables40€25,855
Cash at bank and in hand54/58€36,818
Equity and liabilities
Total equity and liabilities10/49€94,777
Equity10/15€59,771
Contributions10/11€2,000
Reserves13€57,771
Distributable reserves133€57,771
Amounts payable17/49€35,007
Amounts payable within one year42/48€35,007
Trade debts44€14,571
Suppliers440/4€14,571
Taxes, remuneration and social security45€2,974
Taxes450/3€2,974
Other amounts payable47/48€17,462
Income statement Code2024
Remuneration, social security and pensions62€97
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,691
Gross operating margin9900€83,496
Operating profit (loss)9901€81,708
Financial income75/76B€13
Recurring financial income75€13
Financial charges65/66B€194
Recurring financial charges65€194
Profit (loss) for the period before taxes9903€81,527
Income taxes67/77€23,756
Profit (loss) for the period9904€57,771
Profit (loss) for the period to be appropriated9905€57,771
Appropriation of the result
Profit (loss) to be appropriated9906€57,771
Transfer to equity691/2€57,771
To other reserves6921€57,771

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€97
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,691
Gross operating margin9900€83,496
Operating profit (loss)9901€81,708
Financial income75/76B€13
Recurring financial income75€13
Financial charges65/66B€194
Recurring financial charges65€194
Profit (loss) for the period before taxes9903€81,527
Income taxes67/77€23,756
Profit (loss) for the period9904€57,771
Profit (loss) for the period to be appropriated9905€57,771
Line2024
Assets
Total assets20/58€94,777
Fixed assets21/28€32,104
Tangible fixed assets22/27€32,104
Plant, machinery and equipment23€2,704
Other tangible fixed assets26€29,400
Current assets29/58€62,674
Amounts receivable within one year40/41€25,855
Trade receivables40€25,855
Cash at bank and in hand54/58€36,818
Equity and liabilities
Total equity and liabilities10/49€94,777
Equity10/15€59,771
Contributions10/11€2,000
Reserves13€57,771
Distributable reserves133€57,771
Amounts payable17/49€35,007
Amounts payable within one year42/48€35,007
Trade debts44€14,571
Suppliers440/4€14,571
Taxes, remuneration and social security45€2,974
Taxes450/3€2,974
Other amounts payable47/48€17,462
Line2024
Profit (loss) for the period9904€57,771
+ Depreciation and write-downs630€1,691
Operating cash flow (approximation)€59,462

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Truiden · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,067 m²
Building footprint
224 m²
Volume, LiDAR
108 m³
Parcel 71027B0069/00W000, Flanders · tallest building 5.8 m. Linked by address, not a title deed.
1 establishment unit
Forward Focus
Naamsesteenweg 483/A, 3800 Sint-TruidenManufacture of other builders' carpentry and joinery
since 20232.348.075.634
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71027B0069/00W000 Flanders 1,067 m² 1 · 224 m² 5.8 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,149 companies in sector 63920 we hold annual accounts for 1,524. 1,231 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
Contact
E-mail tim.mammarella@telenet.be

Scores and ratios are computed by Checked and are not a credit decision.