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 135.8 to 94.7.
Financials
Financial year 2024
Fortrea Belgium from Brussel, company number BE0435753395, closed financial year 2024 with a result of € 584,471 after tax. For that financial year Fortrea Belgium recorded revenue of € 15.2 million and equity of € 175.3 million. Compared with financial year 2023, the result moved from € 904,499 to € 584,471. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 3, 2025.
€ 175.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 584,471
▼ 35% vs 2023
Profit after tax over the fiscal year.
€ 1.1 million
▲ 116% 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 € 35 million.
People and assets in 2024
94.7
▼ 19.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 11.4 million
▼ 14% vs 2023
€ 120,800 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.
€ 299,620
▼ 38% vs 2023
Of which on lease € 181,402.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 119,882
▼ 70% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.
€ 1.8 million
▼ 23% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 22,032,240 | € 19,582,899 | € 17,954,058 | € 15,219,965 | ▼ 15% |
| Profit after taxes | € 2,378,212 | € 823,871 | € 904,499 | € 584,471 | ▼ 35% |
| Equity | € 173,032,964 | € 173,856,835 | € 174,761,334 | € 175,345,806 | |
| Total debts | € 5,450,095 | € 3,099,583 | € 2,967,732 | € 2,124,369 | ▼ 28% |
| Cash | € 477,925 | € 893,084 | € 511,587 | € 1,106,408 | ▲ 116% |
| Retained profit | € 32,719,008 | € 33,542,879 | € 34,447,378 | € 35,031,850 | ▲ 2% |
| Balance sheet total | € 178,483,059 | € 176,956,418 | € 177,729,066 | € 177,470,174 | |
| Employees (FTE) | 154.2 | 135.8 | 114 | 94.7 | ▼ 19.3 |
Key figures of Fortrea Belgium, 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 Fortrea Belgium?
What happened at Fortrea Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 584,471 (▼ 35% vs 2023). filed late Source: NBB ↗
- David COOPER became a director. NBB
- Jill McCONNELL became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.4 million profit in 2021 to € 584,471 profit in 2024.
Paid € 2.5 million in corporate taxes since 2021.
Best year ever: 2021, with € 2.4 million profit.
Pays suppliers within 17 days on average.
A new publication or filing at Fortrea Belgium? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Fortrea Belgium are David COOPER and Jill McCONNELL. The shares are held by Fortrea UK Holdings and Fortrea Development. It owns 100% of FORTREA CLINICAL DEVELOPMENT SARL and 100% of Fortrea Development S.A.U. itself.
Directors
According to the 2024 annual accounts
David COOPER
Director
since 2023
Jill McCONNELL
Director
since 2023
Shareholders
Fortrea UK Holdings
Fortrea Development
Participations
FORTREA CLINICAL DEVELOPMENT SARL
100%
Fortrea Development S.A.U.
100%
Establishments
Establishment units
Physical locations of this company
Bourgetlaan 50
1130 Brussel
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
RADWARE-CLOUD-SERVICES - RADWARE INC., US
Domain
Domain
fortrea.com
Registered
2015-11-19
Registrar
CSC Corporate Domains, Inc.
Expires
2026-11-20
Website info
Features
Security
Details
- Company number
- 0435.753.395
- VAT number
- BE 0435.753.395
- Registered office
- Bourgetlaan 50, 1130 Brussel
- Names & denominations
- Fortrea Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1988
- Peppol
- Active · Active since 23 Feb 2026
- Contact
- fortrea.com
- Activities · NACE
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.
Handelsbemiddeling in de groothandel in andere specifieke goederen