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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
FORAC from Brecht, company number BE0454994237, closed financial year 2025 with a result of € 1,030 after tax. For that financial year FORAC recorded a gross margin of € 2,340 and equity of € 107,708. Compared with financial year 2024, the result moved from € 5,406 to € 1,030. The company is profitable. 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 30, 2026.
€ 107,708
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,030
▼ 81% vs 2024
Profit after tax over the fiscal year.
€ 3,400
▲ 158% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,600 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,057
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110
▼ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,315 | € -1,060 | € 8,222 | € 2,340 | ▼ 72% |
| Profit after taxes | € 401 | € -15,017 | € 5,406 | € 1,030 | ▼ 81% |
| Equity | € 119,488 | € 104,471 | € 108,278 | € 107,708 | ▼ 1% |
| Total debts | € 65,599 | € 52,114 | € 8,598 | € 4,133 | ▼ 52% |
| Cash | - | - | € 1,316 | € 3,400 | ▲ 158% |
| Retained profit | € 100,896 | € 85,879 | € 89,686 | € 89,116 | ▼ 1% |
| Dividend | € 0 | € 0 | € 1,600 | € 1,600 | |
| Bank debt | € 50,890 | € 50,879 | € 1,241 | € 0 | ▼ 100% |
| Balance sheet total | € 185,087 | € 156,586 | € 116,876 | € 111,841 | ▼ 4% |
Key figures of FORAC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to FORAC?
What happened at FORAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,030 (▼ 81% vs 2024). Source: NBB ↗
- Piotr Migryt stepped down as director. NBB
- Piotr Migryt became a director. NBB
- New establishment in Brecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 401 profit in 2022 to € 1,030 profit in 2025.
Paid € 2,618 in corporate taxes since 2022.
Best year ever: 2024, with € 5,406 profit.
Paid out € 3,200 in dividends to the owners in total.
Management
Behind FORAC is Stanislaw Migryt.
Directors
According to the 2025 annual accounts
Stanislaw Migryt
Director
Piotr Migryt
Director
since 2023 · until 2024
Establishments
Establishment units
Physical locations of this company
Burg.Alfons Lambrechtslaan 19
2960 Brecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.994.237
- VAT number
- BE 0454.994.237
- Registered office
- Burg.Alfons Lambrechtslaan 19, 2960 Brecht
- Names & denominations
- FORAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 1995
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Sanitaire werkzaamheden