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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Busy address KBO
84 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Forest Estate from Watermaal-Bosvoorde, company number BE0471583118, closed financial year 2024 with a result of € 209,146 after tax. For that financial year Forest Estate recorded revenue of € 368,956 and equity of € 1.3 million. Compared with financial year 2023, the result moved from € 211,695 to € 209,146. 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 May 15, 2025.
€ 1.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 209,146
▼ 1% vs 2023
Profit after tax over the fiscal year.
€ 0
Cash and bank balances on the last day of the fiscal year.
€ 210,000 paid out
100 % of the profit went to the shareholders, mostly to ASSAR ARCHITECTS SRL (100 % of the shares). That is where the money ends up.
Debts at end 2024
€ 18,575
Loans from banks and other lenders, long and short.
€ 72,310
▼ 14% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 182 days on average.
€ 22,323
▲ 27% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 367,829 | € 368,954 | € 368,954 | € 368,956 | |
| Profit after taxes | € 155,814 | € 140,576 | € 211,695 | € 209,146 | ▼ 1% |
| Equity | € 1,274,823 | € 1,275,399 | € 1,267,094 | € 1,266,240 | |
| Total debts | € 531,923 | € 693,334 | € 380,431 | € 603,315 | ▲ 59% |
| Land & buildings | € 1,400,689 | € 1,335,349 | € 1,270,010 | € 1,204,670 | ▼ 5% |
| Retained profit | € 304,823 | € 305,399 | € 297,094 | € 296,240 | |
| Dividend | € 350,000 | € 140,000 | € 220,000 | € 210,000 | ▼ 5% |
| Bank debt | € 0 | € 32,162 | € 18,557 | € 18,575 | |
| Balance sheet total | € 1,861,935 | € 2,021,901 | € 1,698,673 | € 1,918,681 | ▲ 13% |
Key figures of Forest Estate, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Forest Estate?
What happened at Forest Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 209,146 (▼ 1% vs 2023). Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,814 profit in 2021 to € 209,146 profit in 2024.
Paid € 247,161 in corporate taxes since 2021.
Best year ever: 2023, with € 211,695 profit.
Paid out € 920,000 in dividends to the owners in total.
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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
The stake of OFFSET ARCHITECTURE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Forest EstateBehind Forest Estate is Renaud CHEVALIER. The shares are held by ASSAR ARCHITECTS SRL (100%) and OFFSET ARCHITECTURE (1.2%).
Directors
According to the 2024 annual accounts
Shareholders
100%
1.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 181 box 4
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 84 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.583.118
- VAT number
- BE 0471.583.118
- Registered office
- Terhulpsesteenweg 181 bus 4, 1170 Watermaal-Bosvoorde
- Names & denominations
- Forest Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2000
- Peppol
- Active · Active since 9 Aug 2026
- Activities · NACE
Handel in eigen onroerend goed