Equity
-€20,383 from €605,309 in 2021
Equity fell below zero in 2023.
FORGRASS
Lifetime
7 annual accounts with figures on one time axispeak €841,367 (2021)
€261,376▼ 7.2%
lowest -€97,542 (2022)
-€28,151▲ €69,391
peak €605,309 (2021)
-€20,383▼ €28,151
€546,303▼ 16.8%
peak 7.3 FTE (2021)
3.7 FTE▼ 28.8%
Board6 names since 2018
4 directorsIMAVEST and 3 others
Owners
100%Midori Group
Documentsfilings and deeds
30-08-202430 days late
2023abbreviated format
Loss of €28,151Staff from 5.2 FTE to 3.7 FTEEquity from €7,768 to -€20,383Debts from €656,475 to €546,303
Key points
from the 2023 annual accounts, the last ones filedDebts
€546,303 104% of the balance sheet
Financial debts 76%Suppliers 3%Taxes and wages 1%Other 21%
Of this, €333,786 falls due within a year.
Staff
3.7 FTE from 7.3 in 2021
Between 2021 and 2023, 49% of the full-time equivalents disappeared.
No score
Board and ownership
- Midori Group 100%bankrupt since 14-01-2025equity €2.9m (2023) · 2023 annual accounts of Midori Group
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Ghent, Ghent division · judgment of 13-10-2026 · Bankruptcy
1 director appointed, 2 resignations
Resignations: JRN AM BV and Send It BV · Appointment: Marc Verleyen · General meeting of 17-10-2023 · Gazette deed
Company renamed from JRN GROUP to ForGrass
Reappointments: IMAVEST (director) and Marc Verleyen (director) · General meeting of 01-02-2024 · Gazette deed
Registered office moved within Maldegem
New registered office: Krommewege 38 te 9990 Maldegem · Previous registered office: Krommewege 32 C1 te 9990 Maldegem · Permanent representative: Daeninck Jeroen · General meeting of 01-04-2022 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcy
- Legal form
- Private limited company
- Activity
- “Groot- en kleinhandel, import en export van kunstgras en aanverwanten” (deed in Dutch)From the articles, 16 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2023
- ≈ €610,000estimated
- €525,920▼ 20.8%
- Employeeson 31-12-2023
- 3=
- Filing
- Filed on 30-08-2024
Insights on FORGRASS
FORGRASS was declared bankrupt (Ondernemingsrechtbank Gent, afdeling Gent). The bankruptcy was closed by liquidation by judgment of 13-10-2026, published in the Belgian Official Gazette on 19-10-2026.
Inactive since 15-10-2026. The last annual accounts are for financial year 2023.
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 FORGRASS
- What is the company number of FORGRASS?
- The company number of FORGRASS is 0659.652.161. The VAT number is the same number with BE in front: BE 0659.652.161.
- What is the legal form of FORGRASS?
- FORGRASS is a private limited company (BV).
- Is FORGRASS still active?
- No. The bankruptcy of FORGRASS has been closed.Company details
- How many employees did FORGRASS have?
- FORGRASS had an average of 3.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of FORGRASS?
- The turnover in financial year 2023 is ≈ €610,000. This figure is estimated from the gross margin of €261,376 and 2,275 comparable companies of the same size. It probably lies between €370,000 and €1.0m. It is a rough estimate.
- Is FORGRASS profitable?
- In financial year 2023, FORGRASS made a loss of €28,151.
- Where can I find the annual accounts of FORGRASS?
- FORGRASS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
Next steps
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