Financials
Financial year 2025
FORSA from Oostkamp, company number BE0463670787, closed financial year 2025 with a result of € 5.9 million after tax. For that financial year FORSA recorded a gross margin of € 4.6 million and equity of € 16.4 million. Compared with financial year 2023, the result moved from € 831,798 to € 5.9 million. Profitable, and profit is growing. 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 April 30, 2026.
€ 16.4 million
▼ 20% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.9 million
▲ € 5.1 million vs 2023
Profit after tax over the fiscal year.
€ 7.2 million
▲ 259% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 191,192
▲ 121% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 187,244
▲ 136% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 329
▼ 99% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 125,246 | € 130,177 | € -9,230 | € 4,620,438 | ▲ € 4.6 million |
| Profit after taxes | € 1,184,549 | € 233,864 | € 831,798 | € 5,929,864 | ▲ € 5.1 million |
| Equity | € 21,586,161 | € 21,820,025 | € 20,466,260 | € 16,396,124 | ▼ 20% |
| Total debts | € 11,731,520 | € 1,489,613 | € 2,329,387 | € 12,549,779 | ▲ € 10.2 million |
| Cash | € 1,020,942 | € 2,488,588 | € 2,008,739 | € 7,202,696 | ▲ 259% |
| Land & buildings | € 3,007 | € 2,123 | € 1,240 | € 268 | ▼ 78% |
| Retained profit | € 21,524,578 | € 21,758,442 | € 20,404,677 | € 16,334,541 | ▼ 20% |
| Dividend | € 11,678,486 | € 0 | € 2,185,563 | € 10,000,000 | ▲ € 7.8 million |
| Balance sheet total | € 33,317,681 | € 23,309,638 | € 22,795,648 | € 28,945,903 | ▲ 27% |
Key figures of FORSA, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to FORSA?
What happened at FORSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5.9 million (▲ € 5.1 million vs 2023). Source: NBB ↗
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2021 to € 5.9 million profit in 2025.
Paid € 416,440 in corporate taxes since 2021.
Best year ever: 2025, with € 5.9 million profit.
Paid out € 23.9 million in dividends to the owners in total.
Management
Behind FORSA are Els Vandemoortele and Sanders Kristof CommV. It owns 21.1% of Argon Selectie itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Kristof Sanders
Also active at: Natimmo, ORANGERIE, KAROS, CONSOORTEN DE JONGHE, CLK INVEST
Establishments
Establishment units
Physical locations of this company
Torhoutsestraat 105
8020 Oostkamp
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Natimmo same network
€ 172,462 gross margin · 2025
ORANGERIE same network
€ 244,670 gross margin · 2025
KAROS same network
€ 467,144 gross margin · 2025
CONSOORTEN DE JONGHE same network
€ 566,108 gross margin · 2025
Sanders Kristof same network
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.670.787
- VAT number
- BE 0463.670.787
- Registered office
- Torhoutsestraat 105, 8020 Oostkamp
- Names & denominations
- FORSA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 1998
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)