Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 23.8 to 20.6.
Financials
Financial year 2024
FORE from Eeklo, company number BE0414308180, closed financial year 2024 with a result of € 55,160 after tax. For that financial year FORE recorded a gross margin of € 1.6 million and equity of € 558,996. Compared with financial year 2023, the result moved from € 42,045 to € 55,160. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 558,996
▲ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,160
▲ 31% vs 2023
Profit after tax over the fiscal year.
€ 143,569
▲ 41% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 263,080.
People and assets in 2024
20.6
▼ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 4% vs 2023
€ 65,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 56,829
▼ 29% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 753,559
▼ 14% vs 2023
€ 21,789 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 540,102
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 179,423
▼ 3% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,415,534 | € 1,570,156 | € 1,516,045 | € 1,591,858 | ▲ 5% |
| Profit after taxes | € 47,467 | € 64,675 | € 42,045 | € 55,160 | ▲ 31% |
| Equity | € 401,115 | € 461,790 | € 503,836 | € 558,996 | ▲ 11% |
| Total debts | € 2,119,536 | € 1,829,631 | € 1,687,479 | € 1,550,996 | ▼ 8% |
| Cash | € 71,688 | € 106,728 | € 101,875 | € 143,569 | ▲ 41% |
| Retained profit | € 105,199 | € 165,874 | € 207,920 | € 263,080 | ▲ 27% |
| Dividend | € 0 | € 4,000 | € 0 | € 0 | |
| Bank debt | € 937,202 | € 917,927 | € 873,381 | € 753,559 | ▼ 14% |
| Balance sheet total | € 2,520,651 | € 2,291,422 | € 2,191,315 | € 2,109,992 | ▼ 4% |
| Employees (FTE) | 21.9 | 23.8 | 20.8 | 20.6 | ▼ 0.2 |
Key figures of FORE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FORE?
What happened at FORE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tony FORE stepped down as director. NBB
- Ronny FORE stepped down as director. NBB
- Hans FORE stepped down as director. NBB
- Hendrik FORE stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 55,160 (▲ 31% vs 2023). filed late Source: NBB ↗
- Tony FORE became a director. NBB
- Ronny FORE became a director. NBB
- Hans FORE became a director. NBB
In short
From € 47,467 profit in 2021 to € 55,160 profit in 2024.
Paid € 133,504 in corporate taxes since 2021.
Best year ever: 2022, with € 64,675 profit.
On average € 77,300 of value added per employee in 2024.
Management
Directors
According to the 2024 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Ringlaan 11
9900 Eeklo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0414.308.180
- VAT number
- BE 0414.308.180
- Registered office
- Ringlaan 11, 9900 Eeklo
- Names & denominations
- FORE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 1974
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- fore.be [email protected]
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Schrijnwerk van hout of van kunststof
Schrijnwerk
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in behang en onderhoudsproducten
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in reinigingsmiddelen