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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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORESTIMMO from Elsene, company number BE0448974297, closed financial year 2025 with a result of € -193,404 after tax. For that financial year FORESTIMMO recorded a gross margin of € 226,037 and equity of € 681,729. Compared with financial year 2024, the result moved from € 78,468 to € -193,404. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 681,729
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -193,404
▼ still € 78,468 profit in 2024
Profit after tax over the fiscal year.
€ 514
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 647,643.
Debts at end 2025
€ 1.5 million
▲ 9% vs 2024
€ 79,070 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 12,676
▲ 207% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,900
▲ 141% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,925 | € 44,087 | € 188,960 | € 226,037 | ▲ 20% |
| Profit after taxes | € -31,938 | € -58,624 | € 78,468 | € -193,404 | ▼ € 271,873 |
| Equity | € 855,289 | € 796,665 | € 875,133 | € 681,729 | ▼ 22% |
| Total debts | € 2,170,062 | € 1,809,257 | € 1,684,861 | € 1,911,334 | ▲ 13% |
| Cash | € 332,765 | € 5,209 | € 3,791 | € 514 | ▼ 86% |
| Land & buildings | € 2,470,527 | € 2,419,066 | € 2,367,605 | € 2,316,144 | ▼ 2% |
| Retained profit | € 824,302 | € 762,579 | € 841,048 | € 647,643 | ▼ 23% |
| Bank debt | € 1,652,070 | € 1,537,617 | € 1,421,656 | € 1,548,555 | ▲ 9% |
| Balance sheet total | € 3,025,350 | € 2,605,921 | € 2,559,994 | € 2,593,063 | ▲ 1% |
By gross margin, FORESTIMMO ranks 26th of 163 companies with main activity “Ontwikkeling van residentiële bouwprojecten” in Elsene that publish figures (fiscal year 2025).
Key figures of FORESTIMMO, 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.
Ask about FORESTIMMO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to FORESTIMMO?
What happened at FORESTIMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 193,404 (▼ € 271,873 vs 2024). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,938 loss in 2022 to € 193,404 loss in 2025.
Paid € 220,228 in corporate taxes since 2022.
Best year ever: 2024, with € 78,468 profit.
Establishments
Establishment units
Physical locations of this company
Bosstraat 5
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
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Details
- Company number
- 0448.974.297
- VAT number
- BE 0448.974.297
- Registered office
- Bosstraat 5, 1050 Elsene
- Names & denominations
- FORESTIMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1992
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw