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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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORET MATERIEL from Erquelinnes, company number BE0439483343, closed financial year 2025 with a result of € -24,810 after tax. For that financial year FORET MATERIEL recorded a gross margin of € 571,725 and equity of € 1 million. Compared with financial year 2024, the result moved from € -110,511 to € -24,810. 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 July 6, 2026.
€ 1 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,810
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 217,599
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 938,304.
People and assets in 2025
15.9
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 484,377
▼ 14% vs 2024
€ 30,500 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.
Debts at end 2025
€ 284,677
▼ 16% vs 2024
€ 49,935 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 343,929
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,404
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 717,961 | € 512,598 | € 560,481 | € 571,725 | ▲ 2% |
| Profit after taxes | € 92,161 | € 33,575 | € -110,511 | € -24,810 | ▲ € 85,702 |
| Equity | € 1,213,836 | € 1,173,410 | € 1,057,899 | € 1,028,089 | ▼ 3% |
| Total debts | € 709,341 | € 972,690 | € 786,811 | € 748,085 | ▼ 5% |
| Cash | € 254,319 | € 250,561 | € 194,816 | € 217,599 | ▲ 12% |
| Retained profit | € 1,124,050 | € 1,083,625 | € 968,114 | € 938,304 | ▼ 3% |
| Dividend | € 74,000 | € 74,000 | € 5,000 | € 5,000 | |
| Bank debt | € 82,992 | € 281,558 | € 337,286 | € 284,677 | ▼ 16% |
| Balance sheet total | € 1,923,176 | € 2,146,100 | € 1,844,710 | € 1,776,174 | ▼ 4% |
| Employees (FTE) | 17.5 | 19.2 | 19.5 | 15.9 | ▼ 3.6 |
Key figures of FORET MATERIEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FORET MATERIEL?
What happened at FORET MATERIEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 24,810. Source: NBB ↗
- New establishment in Erquelinnes. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,161 profit in 2022 to € 24,810 loss in 2025.
Paid € 42,870 in corporate taxes since 2022.
Best year ever: 2022, with € 92,161 profit.
On average € 36,000 of value added per employee in 2025.
Management
The stake of FORET TEAM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FORET MATERIELBehind FORET MATERIEL are BENEDICTE FORET, EMMANUEL FORET and FREDERIC FORET. The shares are held by FORET TEAM (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Merbes 22
6560 Erquelinnes
Rue de Merbes sn
6560 Erquelinnes
Active since 1 March 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0439.483.343
- VAT number
- BE 0439.483.343
- Registered office
- Rue de Merbes 22, 6560 Erquelinnes
- Names & denominations
- FORET MATERIEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1989
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.
Groothandel in gereedschapswerktuigen
Reparatie en onderhoud van consumentenartikelen, neg
Overige reparaties, n.e.g.