Equity
-€58,490
Debts exceed assets in financial year 2025.
Forza Sailing
Lifetime
5 annual accounts with figures on one time axispeak €22,650 (2025)
€22,650▲ 133%
lowest -€35,336 (2021)
-€10,608▲ €7,282
peak -€15,336 (2021)
-€58,490▼ €10,608
€379,320▲ 8.7%
Board2 names since 2019
1 director
Documentsfilings and deeds
28-04-20262 days before the deadline
2025micro format
Gross margin from €9,713 to €22,650Loss of €10,608Equity from -€47,883 to -€58,490Cash from €1,112 to €2,135
Key points
from the 2025 annual accountsLosses
-€78,490 in five years
Every financial year from 2021 to 2025 closed with a loss. 2021 was the heaviest.
Turnover
≈ €130,000 estimated
The accounts state no turnover.
Debts
€379,320 118% of the balance sheet
Financial debts 94%Suppliers 1%Taxes and wages 2%Other 3%
Of this, €21,636 falls due within a year.
Liquidity
3.22 was 2.12 in 2024
Short-term debts rose from €19,739 to €21,636.
Position in the sector
-€58,490
Less equity than 89% of companies in sports and recreation. Sector median €33,232 · 3,161 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,565 companies had the same profile as Forza Sailing has now. Each dot stands for 4 companies, two years later.
88.8%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,565 companies, not a prediction for Forza Sailing. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0738614616
Resignation: (director)
Director discharge: · General meeting of 16-12-2021 · Gazette deed
Incorporation
Founding capital of €20,000, 100 shares · Founder: · Appointments: (director) and (director) · published on 04-12-2019 · Gazette deed
First establishment
Pylyserlaan 7, Koksijde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Forza Sailing Koksijde | €320,830 | €22,650 | -18.2% | - |
| CENTRE D'HYDROBIOPHELIE AU FIL DE L'EAU Farciennes | €272,506 | €31,028 | 16.7% | - |
| Centre aquatique Sports & Ô Liège | €223,744 | €36,466 | 41.5% | - |
| BEL 28 Knokke-Heist | €240,966 | €62,686 | 32.0% | - |
| CI-STRATEGIES Kortenaken | €145,698 | €12,737 | 82.2% | - |
| Work On Essen | €115,165 | €66,809 | 44.3% | - |
| PHARE EAST Nieuwpoort | €255,225 | €181,073 | 21.5% | - |
These companies have the same main activity as Forza Sailing: sports, amusement and recreation activities (NACE 93126). They are comparable in size and age: total assets between €115,000 and €273,000, founded between 2011 and 2023.
Official details
Source: KBO- Status
- Active since 02-12-2019Normal situation
- Activity
- Sports, amusement and recreation activitiesNACE 93126
- Establishment unit
- 2.296.356.2248670 Koksijde, since 02-12-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 02-02-2026
Annual accounts to 30-09-2025
- €320,830▲ 6.6%
- Filing
- Filed on 28-04-2026, 2 days before the end of the filing period
Insights on Forza Sailing
Forza Sailing files the micro format. That format states no turnover. The gross margin rose from -€16,658 in 2021 to €22,650 in 2025.
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 Forza Sailing
- What is the company number of Forza Sailing?
- The company number of Forza Sailing is 0738.614.616. The VAT number is the same number with BE in front: BE 0738.614.616.
- Where is Forza Sailing based?
- The registered office is at Pylyserlaan 7, 8670 Koksijde.Company details
- What does Forza Sailing do?
- According to the KBO register, the main activity is sports, amusement and recreation activities (NACE 93126).
- What is the legal form of Forza Sailing?
- Forza Sailing is a private limited company (BV).
- When was Forza Sailing founded?
- Forza Sailing was founded on 02-12-2019.
- Is Forza Sailing still active?
- Yes, Forza Sailing is an active enterprise in the KBO register.
- What is the turnover of Forza Sailing?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €22,650 and 44 comparable companies (NACE 931). It probably lies between €58,000 and €320,000. It is a rough estimate.Financials
- Is Forza Sailing profitable?
- In financial year 2025, Forza Sailing made a loss of €10,608.
- Where can I find the annual accounts of Forza Sailing?
- Forza Sailing filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Forza Sailing due?
- Forza Sailing must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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