Skip to content

THE FORREST

Active
Public limited companyfounded 199629 yrs activeGrote Baan 26, 9250 Waasmunster, BelgiumKBO/BCE: BE 0458.994.102
Summary

The computed 12-month bankruptcy probability of THE FORREST is 6.1% (elevated). For THE FORREST, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €171,904 and a net result of €13,924. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 82% of 17988 sector peers (fiscal year 2023). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
THE FORRESTActive
Risk analysis ReportCompare

Overview

Activity
Nightclubs
NACE 56302NACE 55402
1 site
Size
€260,856total assets 2023
Equity
€171,904
Profit
€13,924
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
6.1%
2023 figures too old to score
Structure
Accounts 429 d overdue0 of 6 deeds read
Signals- Figures for FY 2023 (filed 19-07-2024)- 2 financial years not filed after the legal deadline; 1 of the last 3 late- Size: total assets €260,856- Two or more financial years not filed+ Founded in 1996Latest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 91+5
equity 65.9% of total assets
Liquidity 58-5
short-term debt 19.6% · cash 11.1%
Profitability 75-14
return on assets 5.3%
Bankruptcy probability, 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,529 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%▼ -0.7% vs 12-2024 02-2025: 0.5%● 0.0% vs 01-2025 03-2025: 0.5%▼ -5.4% vs 02-2025lowest value 04-2025: 0.5%▲ +2.0% vs 03-2025 05-2025: 0.5%▲ +0.4% vs 04-2025 06-2025: 0.5%● 0.0% vs 05-2025 07-2025: 0.7%▲ +26.3% vs 06-2025 08-2025: 0.9%▲ +32.7% vs 07-2025 09-2025: 1.0%▲ +15.5% vs 08-2025 10-2025: 1.4%▲ +37.8% vs 09-2025 11-2025: 1.5%▲ +5.7% vs 10-2025 12-2025: 2.0%▲ +35.2% vs 11-2025 01-2026: 4.0%▲ +104% vs 12-2025 02-2026: 4.0%● 0.0% vs 01-2026 03-2026: 4.3%▲ +5.3% vs 02-2026 04-2026: 3.9%▼ -9.0% vs 03-2026 05-2026: 3.9%● 0.0% vs 04-2026 06-2026: 3.9%● 0.0% vs 05-2026 07-2026: 3.9%● 0.0% vs 06-2026 08-2026: 6.1%▲ +56.4% vs 07-2026highest value 09-2026: 6.1%● 0.0% vs 08-2026highest value 10-2026: 6.1%● 0.0% vs 09-2026highest value
  • Figures for FY 2023 (filed 19-07-2024) raises the probability
  • 2 financial years not filed after the legal deadline; 1 of the last 3 late raises the probability
  • Size: total assets €260,856 raises the probability for this profile
  • Founded in 1996 lowers the probability for this profile
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2023 (filed 19-07-2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Size: total assets €260,856
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1996
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline03-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 18-07-2024, 13 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
13 d early
2022
119 d late
2021
23 d early
2020
23 d early
2019
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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
  1. Annual accounts filedfiscal year 2023 · micro…
  2. Annual accounts filedfiscal year 2022 · micro…
  3. Back to profitnet €41,899

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 429 d late View
  • Positive: Among the best 11% on equitysector median €25,374 · 18,021 companies €171,904 View
  • Active since 1996founded 11-10-1996 29 years View

By topic

Financials

Fiscal year
2023
Total assets
€260,856
Profit
€13,924
Solvency
65.9%
Total assets▼ 0.4%
Net result
20182023
Go to Financials

Timeline

Events
14
Since
2015
  1. 18-07-2024Annual accounts filed
  2. 27-11-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
NightclubsNACE 56302
Founded
11-10-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure