Financials
Financial year 2025
FORCADO from Vorst, company number BE0550873787, closed financial year 2025 with a result of € 53,303 after tax. For that financial year FORCADO recorded a gross margin of € 646,180 and equity of € 585,351. Compared with financial year 2024, the result moved from € 105,143 to € 53,303. 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 September 11, 2026.
€ 585,351
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 53,303
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 338,087
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 90,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
18.1
▲ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 554,175
▲ 14% vs 2024
€ 30,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 6,173
▼ 62% vs 2024
Loans from banks and other lenders, long and short.
€ 121,097
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 125,536
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 706,329 | € 751,805 | € 667,530 | € 646,180 | ▼ 3% |
| Profit after taxes | € 167,929 | € 186,411 | € 105,143 | € 53,303 | ▼ 49% |
| Equity | € 319,908 | € 515,485 | € 629,338 | € 585,351 | ▼ 7% |
| Total debts | € 259,986 | € 355,776 | € 331,039 | € 276,773 | ▼ 16% |
| Cash | € 312,258 | € 515,852 | € 537,705 | € 338,087 | ▼ 37% |
| Land & buildings | - | € 36,011 | - | - | |
| Retained profit | € 286,464 | € 472,876 | € 578,019 | € 541,322 | ▼ 6% |
| Dividend | € 0 | € 0 | € 0 | € 90,000 | |
| Bank debt | € 42,262 | € 27,654 | € 16,276 | € 6,173 | ▼ 62% |
| Balance sheet total | € 582,265 | € 871,261 | € 960,377 | € 862,125 | ▼ 10% |
| Employees (FTE) | 10.2 | 11.1 | 14.2 | 18.1 | ▲ 3.9 |
Key figures of FORCADO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FORCADO?
What happened at FORCADO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 53,303 (▼ 49% vs 2024). filed late Source: NBB ↗
- VASSAR SRL became a director. NBB
- New establishment in Vorst. KBO
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
In short
From € 167,929 profit in 2022 to € 53,303 profit in 2025.
Paid € 175,442 in corporate taxes since 2022.
Best year ever: 2023, with € 186,411 profit.
On average € 35,700 of value added per employee in 2025.
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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 VASSAR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FORCADOBehind FORCADO is VASSAR SRL. The shares are held by VASSAR (100%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Berthelotstraat 106-108 box 8
1190 Vorst
Charleroise Steenweg 196/198
1060 Sint-Gillis (bij-Brussel)
Active since 1 July 2014
Berthelotstraat 106/108 box 8
1190 Vorst
Active since 7 May 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0550.873.787
- VAT number
- BE 0550.873.787
- Registered office
- Berthelotstraat 106-108 bus 8, 1190 Vorst
- Names & denominations
- FORCADO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2014
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Catering van evenementen
Eetgelegenheden met beperkte bediening
Detailhandel in dranken, algemeen assortiment
Detailhandel in brood en banketbakkerswerk (koude bakkers)