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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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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
THE FORREST from Waasmunster, company number BE0458994102, closed financial year 2023 with a result of € 13,924 after tax. For that financial year THE FORREST recorded a gross margin of € 152,303 and equity of € 171,904. Compared with financial year 2022, the result moved from € 41,899 to € 13,924. 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 July 18, 2024.
€ 171,904
▲ 8% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,924
▼ 67% vs 2022
Profit after tax over the fiscal year.
€ 28,916
▼ 27% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
6 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2023
€ 87,386
▲ 22% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 97,152
▼ 14% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 52,500
▼ 25% vs 2022
€ 15,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 21,050
▲ 214% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 14,315
▼ 43% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -5,779 | € 162,245 | € 152,303 | ▼ 6% |
| Profit after taxes | € -50,494 | € 41,899 | € 13,924 | ▼ 67% |
| Equity | € 116,913 | € 158,812 | € 171,904 | ▲ 8% |
| Total debts | € 28,520 | € 102,992 | € 88,952 | ▼ 14% |
| Cash | € 8,050 | € 39,692 | € 28,916 | ▼ 27% |
| Retained profit | € 54,913 | € 96,812 | € 109,904 | ▲ 14% |
| Dividend | € 0 | € 0 | € 833 | |
| Bank debt | € 11,667 | € 69,833 | € 52,500 | ▼ 25% |
| Balance sheet total | € 145,433 | € 261,805 | € 260,856 |
Key figures of THE FORREST, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to THE FORREST?
What happened at THE FORREST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 13,924 (▼ 67% vs 2022). Source: NBB ↗
- Daniël Van Puymbroeck became a director. NBB
- Robby Van Puymbroeck became a director. NBB
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,494 loss in 2021 to € 13,924 profit in 2023.
Paid € 1,496 in corporate taxes since 2021.
Best year ever: 2022, with € 41,899 profit.
Paid out € 833 in dividends to the owners in total.
Management
Behind THE FORREST are Daniël Van Puymbroeck and Robby Van Puymbroeck.
Directors
According to the 2023 annual accounts
Daniël Van Puymbroeck
Director
since 2021
Robby Van Puymbroeck
Managing director
since 2021
Establishments
Establishment units
Physical locations of this company
Grote Baan 26
9250 Waasmunster
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.994.102
- VAT number
- BE 0458.994.102
- Registered office
- Grote Baan 26, 9250 Waasmunster
- Names & denominations
- THE FORREST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 1996
- Peppol
- Active · Active since 28 Mar 2026
- Activities · NACE
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