Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORMOSA from Grimbergen, company number BE0455173983, closed financial year 2025 with a result of € -23,782 after tax. For that financial year FORMOSA recorded a gross margin of € -6,019 and equity of € 8,513. Compared with financial year 2024, the result moved from € 30,329 to € -23,782. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 23, 2026.
€ 8,513
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,782
▼ still € 30,329 profit in 2024
Profit after tax over the fiscal year.
€ 6,295
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10,079.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 39,711
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18,100
▼ 25% vs 2024
Loans from banks and other lenders, long and short.
€ 11,423
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,489
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,366 | € 22,398 | € 49,744 | € -6,019 | ▼ € 55,763 |
| Profit after taxes | € -10,210 | € 9,527 | € 30,329 | € -23,782 | ▼ € 54,111 |
| Equity | € -7,561 | € 1,966 | € 32,295 | € 8,513 | ▼ 74% |
| Total debts | € 41,711 | € 27,954 | € 51,496 | € 51,084 | ▼ 1% |
| Cash | € 7,572 | € 6,787 | € 28,545 | € 6,295 | ▼ 78% |
| Retained profit | € -26,153 | € -16,626 | € 13,703 | € -10,079 | ▼ € 23,782 |
| Bank debt | € 0 | € 0 | € 24,033 | € 18,100 | ▼ 25% |
| Balance sheet total | € 34,150 | € 29,920 | € 83,791 | € 59,597 | ▼ 29% |
Key figures of FORMOSA, 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 FORMOSA?
What happened at FORMOSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,782 (▼ € 54,111 vs 2024). filed late Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,210 loss in 2022 to € 23,782 loss in 2025.
Paid € 9,460 in corporate taxes since 2022.
Best year ever: 2024, with € 30,329 profit.
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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
Directors
According to the 2025 annual accounts
CHHAY TRAN SI
Manager
Establishments
Establishment units
Physical locations of this company
Sint-Amandsplein 17
1853 Grimbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.173.983
- VAT number
- BE 0455.173.983
- Registered office
- Sint-Amandsplein 17, 1853 Grimbergen
- Names & denominations
- FORMOSA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 1995
- Peppol
- Active · Active since 3 Apr 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening
Catering van evenementen
Groothandel in suiker, chocolade en suikerwerk
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen
Uitzendkoks en verzorgen van feesten en recepties