Financials
Financial year 2025
FORTECH STUDIE from Sint-Gillis-Waas, company number BE0478683023, closed financial year 2025 with a result of € -6,381 after tax. For that financial year FORTECH STUDIE recorded a gross margin of € 476,406 and equity of € 436,918. Compared with financial year 2024, the result moved from € 23,114 to € -6,381. The company made a loss. 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 8, 2026.
€ 436,918
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,381
▼ still € 23,114 profit in 2024
Profit after tax over the fiscal year.
€ 61,963
▲ € 49,784 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 418,318.
People and assets in 2025
€ 452,915
▲ 11% 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.
€ 28,308
▲ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 435,000
▲ 41% vs 2024
Loans from banks and other lenders, long and short.
€ 18,805
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 91,385
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 540,424 | € 422,607 | € 498,521 | € 476,406 | ▼ 4% |
| Profit after taxes | € 35,052 | € -12,099 | € 23,114 | € -6,381 | ▼ € 29,495 |
| Equity | € 432,284 | € 420,185 | € 443,299 | € 436,918 | ▼ 1% |
| Total debts | € 360,230 | € 359,753 | € 457,372 | € 603,544 | ▲ 32% |
| Cash | € 129,735 | € 71,893 | € 12,179 | € 61,963 | ▲ € 49,784 |
| Land & buildings | € 262,531 | € 260,978 | € 247,256 | € 233,197 | ▼ 6% |
| Retained profit | € 413,684 | € 401,585 | € 424,699 | € 418,318 | ▼ 2% |
| Bank debt | € 213,365 | € 266,154 | € 308,942 | € 435,000 | ▲ 41% |
| Balance sheet total | € 792,513 | € 779,938 | € 900,670 | € 1,040,461 | ▲ 16% |
| Employees (FTE) | 3.8 | 2.9 | 2.9 | - |
Key figures of FORTECH STUDIE, 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 FORTECH STUDIE?
What happened at FORTECH STUDIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,381 (▼ € 29,495 vs 2024). Source: NBB ↗
- Christiaan Derde became a director. NBB
- Viviane Martens became a director. NBB
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,052 profit in 2022 to € 6,381 loss in 2025.
Paid € 4,733 in corporate taxes since 2022.
Best year ever: 2022, with € 35,052 profit.
On average € 171,900 of value added per employee in 2024.
Management
Behind FORTECH STUDIE are Christiaan Derde and Viviane Martens. It owns 90% of Hirundo Lesotho and 23.2% of Hirundo Horizon itself.
Directors
According to the 2025 annual accounts
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Samelstraat(SGW) 21A
9170 Sint-Gillis-Waas
Samelstraat(SGW) 21 A
9170 Sint-Gillis-Waas
Active since 3 December 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.683.023
- VAT number
- BE 0478.683.023
- Registered office
- Samelstraat(SGW) 21A, 9170 Sint-Gillis-Waas
- Names & denominations
- FORTECH STUDIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 October 2002
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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