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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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORESTCO from Sprimont, company number BE0646716618, closed financial year 2025 with a result of € 118,393 after tax. For that financial year FORESTCO recorded a gross margin of € 376,111 and equity of € 2,000. Compared with financial year 2024, the result moved from € 142,489 to € 118,393. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 2,000
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,393
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 170,759
▲ € 135,192 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 118,393 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.8
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 164,093
▲ 35% vs 2024
€ 58,600 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.
€ 92,403
▲ 255% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 95,294
▲ 165% vs 2024
€ 23,337 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,984
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 94,045
▲ 151% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 258,197 | € 157,869 | € 168,633 | € 376,111 | ▲ 123% |
| Profit after taxes | € 250,023 | € 278,074 | € 142,489 | € 118,393 | ▼ 17% |
| Equity | € 18,600 | € 2,000 | € 2,000 | € 2,000 | |
| Total debts | € 523,573 | € 585,798 | € 527,875 | € 625,650 | ▲ 19% |
| Cash | € 4,366 | € 3,399 | € 35,566 | € 170,759 | ▲ € 135,192 |
| Land & buildings | € 34,286 | € 29,171 | € 24,057 | € 18,944 | ▼ 21% |
| Dividend | € 251,883 | € 278,074 | € 142,489 | € 118,393 | ▼ 17% |
| Bank debt | € 8,374 | € 42,813 | € 35,914 | € 95,294 | ▲ 165% |
| Balance sheet total | € 542,173 | € 587,798 | € 529,875 | € 627,650 | ▲ 18% |
| Employees (FTE) | 2 | 2 | 2.3 | 2.8 | ▲ 0.5 |
Key figures of FORESTCO, 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 FORESTCO?
What happened at FORESTCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 118,393 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Sprimont. KBO
- Start of the company according to the CBE. KBO
In short
From € 250,023 profit in 2022 to € 118,393 profit in 2025.
Paid € 108,710 in corporate taxes since 2022.
Best year ever: 2023, with € 278,074 profit.
On average € 134,300 of value added per employee in 2025.
Management
Behind FORESTCO is Philippe Lafontaine. It owns 100% of TERRE ET AVENTURE and 99% of FORESTIA itself.
Directors
According to the 2025 annual accounts
Philippe Lafontaine
Director
Also active at: TERRE ET AVENTURE, HOUSES COMPANY, IMMOBILIERE SORRENTO, PATRIGES, SODEGES, STORE INVEST, FENRIS, CARAVELLE
Establishments
Establishment units
Physical locations of this company
Rue de la Pêcherie(DLX) 2
4140 Sprimont
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0646.716.618
- VAT number
- BE 0646.716.618
- Registered office
- Rue de la Pêcherie(DLX) 2, 4140 Sprimont
- Names & denominations
- FORESTCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2016
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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