Financials
Financial year 2025
FORTIOR from Wichelen, company number BE0477267219, closed financial year 2025 with a result of € 481,403 after tax. For that financial year FORTIOR recorded a gross margin of € 323,157 and equity of € 6.3 million. Compared with financial year 2024, the result moved from € 321,291 to € 481,403. 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 May 7, 2026.
€ 6.3 million
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 481,403
▲ 50% vs 2024
Profit after tax over the fiscal year.
€ 191,343
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.6
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 55,249
▲ € 46,319 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 28,003
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 15% vs 2024
€ 438,088 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 7,692
▲ 265% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,678
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 495,762 | € 616,595 | € 434,878 | € 323,157 | ▼ 26% |
| Profit after taxes | € 394,276 | € 1,092,656 | € 321,291 | € 481,403 | ▲ 50% |
| Equity | € 6,472,548 | € 7,565,205 | € 7,886,496 | € 6,262,636 | ▼ 21% |
| Total debts | € 1,172,526 | € 974,282 | € 3,755,229 | € 5,521,520 | ▲ 47% |
| Cash | € 442,606 | € 666,004 | € 370,469 | € 191,343 | ▼ 48% |
| Land & buildings | - | - | € 71,830 | € 71,830 | |
| Retained profit | € 5,727,548 | € 6,820,205 | € 7,141,496 | € 5,517,636 | ▼ 23% |
| Dividend | € 0 | € 0 | € 0 | € 2,105,263 | |
| Bank debt | € 862,024 | € 705,693 | € 2,733,720 | € 2,321,509 | ▼ 15% |
| Balance sheet total | € 7,645,075 | € 8,539,487 | € 11,641,726 | € 11,784,156 | ▲ 1% |
| Employees (FTE) | 0.2 | 0.2 | 0.2 | 0.6 | ▲ 0.4 |
Key figures of FORTIOR, 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 April 2027.
What happened to FORTIOR?
What happened at FORTIOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vincent Blancquaert stepped down as director. NBB
- Vadim Blancquaert stepped down as director. NBB
- Marc Blancquaert stepped down as director. NBB
- Rita Van Gansberghe stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 481,403 (▲ 50% vs 2024). filed late Source: NBB ↗
- Vincent Blancquaert became a director. NBB
- Vadim Blancquaert became a director. NBB
- Marc Blancquaert became a director. NBB
In short
From € 394,276 profit in 2022 to € 481,403 profit in 2025.
Paid € 769,422 in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
Paid out € 2.1 million in dividends to the owners in total.
Management
It owns 100% of Groep Blancquaert, 100% of Vandenbranden G. and 100% of Blancquaert Finance itself.
Directors
According to the 2025 annual accounts
Vincent Blancquaert
Managing director
Also active at: COPPEY & PARTNERS, Assurantia, Zakenkantoor Masyn, Groep Blancquaert, Blancquaert Finance, POOT DAVID, ZAKENKANTOOR G. SEGERS - DE WITTE, ZAKENKANTOOR VAN DER STUYFT CHRISTIAAN +4 more
since 2025 · until 2031
Vadim Blancquaert
Managing director
Also active at: COPPEY & PARTNERS, Assurantia, Zakenkantoor Masyn, Groep Blancquaert, POOT DAVID, ZAKENKANTOOR G. SEGERS - DE WITTE, ZAKENKANTOOR VAN DER STUYFT CHRISTIAAN, E.C. - TRADING +3 more
since 2025 · until 2031
Marc Blancquaert
Director
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Hulst 41
9260 Wichelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.267.219
- VAT number
- BE 0477.267.219
- Registered office
- Hulst 41, 9260 Wichelen
- Names & denominations
- FORTIOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2002
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings