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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORTYONE from Gent, company number BE0635627340, closed financial year 2025 with a result of € -13,421 after tax. For that financial year FORTYONE recorded a gross margin of € -790 and equity of € -59,477. Compared with financial year 2024, the result moved from € -34,613 to € -13,421. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 12, 2026.
€ -59,477
▼ € 13,421 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,421
▲ 61 % less loss than in 2024
Profit after tax over the fiscal year.
€ 37
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -78,077.
People and assets in 2025
€ 955
▼ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 466
▼ 92% vs 2024
Loans from banks and other lenders, long and short.
€ 422
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -792 | € -8,282 | € -3,765 | € -790 | ▲ € 2,975 |
| Profit after taxes | € -31,819 | € -27,673 | € -34,613 | € -13,421 | ▲ € 21,192 |
| Equity | € 16,230 | € -11,443 | € -46,056 | € -59,477 | ▼ € 13,421 |
| Total debts | € 68,342 | € 73,087 | € 77,108 | € 78,659 | ▲ 2% |
| Cash | € 4,887 | € 3,673 | € 366 | € 37 | ▼ 90% |
| Retained profit | € -2,370 | € -30,043 | € -64,656 | € -78,077 | ▼ € 13,421 |
| Bank debt | € 32,312 | € 13,118 | € 5,881 | € 466 | ▼ 92% |
| Balance sheet total | € 84,572 | € 61,644 | € 31,052 | € 19,182 | ▼ 38% |
Key figures of FORTYONE, 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 FORTYONE?
What happened at FORTYONE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,421. Source: NBB ↗
- New establishment in Gent. KBO
- Leentje PROVOST became a director. NBB
- Jeremy WIEME became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,819 loss in 2022 to € 13,421 loss in 2025.
Paid € 1 in corporate taxes since 2022.
Management
Behind FORTYONE are Leentje PROVOST and Jeremy WIEME.
Directors
According to the 2025 annual accounts
Leentje PROVOST
Director
since 2015
Jeremy WIEME
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Lourdesstraat 34
9041 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0635.627.340
- VAT number
- BE 0635.627.340
- Registered office
- Lourdesstraat 34, 9041 Gent
- Names & denominations
- FORTYONE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 August 2015
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Detailhandel in huisdieren, voer voor huisdieren en benodigdheden daarvoor
Schoonheidsverzorging en andere schoonheidsbehandelingen
Detailhandel in cosmetica en toiletartikelen
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Activiteiten van wasserettes en wassalons ten behoeve van particulieren
Schoonheidsverzorging