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La Forêt

Active Private limited companyfounded 2022active for 4 yearsRue de la Papeterie 33, 1490 Court-Saint-EtienneKBO/BCE: BE 0786.964.760

Lifetime

4 annual accounts with figures on one time axis
peak €85,379 (2024)
-€34,394▼ €72,752
lowest -€33,114 (2026)
-€33,114▼ €2,007
peak €83,063 (2024)
€18,803▼ 63.8%
€71,327▲ 984%
Board2 names since 2022
Documentsfilings and deeds
14-10-202617 days before the deadline
2026micro format
Gross margin from €38,358 to -€34,394Loss of €33,114Equity from €51,956 to €18,803Debts from €6,581 to €71,327Investments €6,428Cash from €65,300 to €23,310

Key points

from the 2026 annual accounts

Equity

€18,803 from €83,063 in 2024

Equity fell by 77% in 2 years.

Losses

-€64,221 in two years
-31,1072025-33,1142026

The 2025 and 2026 financial years closed with a loss. 2026 was the heaviest.

Debts

€71,327 79% of the balance sheet
Suppliers 24%Taxes and wages 0%Other 76%

Investments

€8,260 3.9 × depreciation
202420252026

Green is investment, beige is depreciation. Machinery stands 91.1% higher than in 2025.

Liquidity

1.16 was 17.67 in 2025

Short-term debts rose from €6,581 to €71,327.

Position in the sector

-€33,114

Lower net result than 95% of companies in head offices and management consultancy. Sector median €29,782 · 1,548 companies.

Turnover not published (micro format)

Checked score

53
Fair
Financially stronger than 15% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.

Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Weak

46-23equity 20.9% of total assets
39-61short-term debt 79.1% · cash 25.9%
4+4return on assets -36.7%

Score breakdown

raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €33,114, the second in a row (financial year 2026)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €90,130
Liquidity: current ratio 1.16, cash €23,310, halved
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 24% of them on solvency, 19% on liquidity, 9% on profitability and 10% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,207 companies had the same profile as La Forêt has now. Each dot stands for 4 companies, two years later.

90.2%
were still trading
4.6%
stopped another way
4.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of La Forêt itself is lower: 0.1% within 12 months. It rests on far more data about La Forêt than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 1,207 companies, not a prediction for La Forêt. 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

Credit of up to €500 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is tight, with a current ratio of 1.16 (17.67 in 2025), below the usual 1.5. Short-term debt is 79.1% and cash 25.9% of total assets. 79.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €90,130
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.16, cash €23,310, halved
NBB · annual accounts
raises risk · Loss of €33,114, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
23242526
2023 to 2026 · latest year -€33,114
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1548 sector peers (2026).
NBB · sector comparison
Position among 1548 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-10-2026, 17 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2026
17 days early
2025
on the day
2024
14 days early
2023
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 14 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 16 October (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

AD
Director, since 09-06-2022
  • DEBUSSCHÈRE Albert Jean Ghislain founderdeed of 13-06-2022
Board & ownership

Recent changes

Resignation: Pierre Debusschère (director) Director discharge: Pierre Debusschère · General meeting of 15-04-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0786964760
Appointment: Pierre Debusschère (director) General meeting of 01-01-2024 · Gazette deed
Incorporation Appointment: DEBUSSCHÈRE Albert Jean Ghislain (director) · Founder: DEBUSSCHÈRE Albert Jean Ghislain · 100 shares · published on 13-06-2022 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
La Forêt Court-Saint-Etienne €90,130 -€34,394 20.9% -
FinSec Ottignies-Louvain-la-Neuve €81,697 -€9,977 99.9% -
yCARus Rixensart €81,618 -€3,006 89.7% -
GREEN CANOPY & ASSOCIÉS Rebecq €104,609 -€10,455 23.3% -
Hannelore Beerlandt Grez-Doiceau €104,583 -€24,621 63.7% -
BRITECO Rixensart €81,768 -€11,408 -66.6% -
BLOSSOMATOR Woluwe-Saint-Pierre €87,988 -€65,430 92.5% -

These companies have the same main activity as La Forêt: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €81,600 and €105,000, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 09-06-2022Normal situation
Registered office
14 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
Activity
Business and other management consultancyNACE 70200and 3 others
Establishment unit
2.332.311.7481490 Court-Saint-Etienne, since 09-06-2022
Financial year end
31 March
Peppol
Reachable since 08-10-2025
Company details

Annual accounts to 31-03-2026

€90,130▼ 24.3%
Filing
Filed on 14-10-2026, 17 days before the end of the filing period
Financials

Insights on La Forêt

La Forêt files the micro format. That format states no turnover. The gross margin fell from €26,028 in 2023 to -€34,394 in 2026.

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 La Forêt

What is the company number of La Forêt?
The company number of La Forêt is 0786.964.760. The VAT number is the same number with BE in front: BE 0786.964.760.
Where is La Forêt based?
The registered office is at Rue de la Papeterie 33, 1490 Court-Saint-Etienne.Company details
What does La Forêt do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of La Forêt?
La Forêt is a private limited company (BV).
When was La Forêt founded?
La Forêt was founded on 09-06-2022.
Is La Forêt still active?
Yes, La Forêt is an active enterprise in the KBO register.
What is the turnover of La Forêt?
The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
Is La Forêt profitable?
In financial year 2026, La Forêt made a loss of €33,114.
Where can I find the annual accounts of La Forêt?
La Forêt filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of La Forêt due?
La Forêt must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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