Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Société anonyme belge de la Forêt du Paular from Brussel, company number BE0402038472, closed financial year 2025 with a result of € -111,716 after tax. For that financial year Société anonyme belge de la Forêt du Paular recorded a gross margin of € -93,395 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -113,650 to € -111,716. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 12, 2026.
€ 1.7 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -111,716
▲ 2 % less loss than in 2024
Profit after tax over the fiscal year.
€ 302,968
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.6 million.
People and assets in 2025
€ 43,147
▼ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 20,906
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,294
▲ 4% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,234,891 | € -138,130 | € -129,033 | € -93,395 | ▲ € 35,638 |
| Profit after taxes | € 14,208,376 | € -252,173 | € -113,650 | € -111,716 | ▲ € 1,934 |
| Equity | € 2,172,283 | € 1,920,109 | € 1,806,459 | € 1,694,744 | ▼ 6% |
| Total debts | € 6,517,363 | € 489,597 | € 498,028 | € 493,635 | ▼ 1% |
| Cash | € 8,234,650 | € 1,968,125 | € 410,113 | € 302,968 | ▼ 26% |
| Land & buildings | € 145,713 | € 137,892 | € 132,337 | € 128,529 | ▼ 3% |
| Retained profit | € 1,010,149 | € 757,976 | € 644,326 | € 1,617,744 | ▲ 151% |
| Dividend | € 12,360,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 8,689,645 | € 2,409,707 | € 2,304,487 | € 2,188,379 | ▼ 5% |
Key figures of Société anonyme belge de la Forêt du Paular, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to Société anonyme belge de la Forêt du Paular?
What happened at Société anonyme belge de la Forêt du Paular in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mathieu LECOCQ stepped down as director. NBB
- Eric HALSETH stepped down as director. NBB
- Nicolas LECOCQ stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 111,716. Source: NBB ↗
- Mathieu LECOCQ became a director. NBB
- Eric HALSETH became a director. NBB
- Nicolas LECOCQ became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14.2 million profit in 2022 to € 111,716 loss in 2025.
Paid € 3.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 14.2 million profit.
Paid out € 12.4 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Mathieu LECOCQ
Director
since 2023 · until 2029
Eric HALSETH
Managing director
since 2023 · until 2029
Nicolas LECOCQ
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Drukpersstraat 4
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →Grada
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€ 557,981 gross margin · 2026
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€ -20,347 gross margin · 2025
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€ 31,024 gross margin · 2025
NEU-JKF Benelux
€ 1.8 million gross margin · 2025
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.038.472
- VAT number
- BE 0402.038.472
- Registered office
- Drukpersstraat 4, 1000 Brussel
- Names & denominations
- Société anonyme belge de la Forêt du Paular
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1909
- Peppol
- Active · Active since 2 Feb 2026
- Activities · NACE
Exploitatie van bossen
Bosexploitatie
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant