Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Shrinking team NBB
FTE fell two years in a row, from 7.3 to 3.7.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ForGrass from Maldegem, company number BE0659652161, closed financial year 2023 with a result of € -28,151 after tax. For that financial year ForGrass recorded a gross margin of € 261,376 and equity of € -20,383. Compared with financial year 2022, the result moved from € -97,542 to € -28,151. 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 August 30, 2024.
€ -20,383
▼ € 28,151 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,151
▲ 71 % less loss than in 2022
Profit after tax over the fiscal year.
€ 88,160
▼ 25% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32,783.
People and assets in 2023
3.7
▼ 1.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 176,281
▼ 34% vs 2022
€ 47,600 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.
€ 87,339
▼ 40% vs 2022
Of which on lease € 76,612.
Debts at end 2023
€ 524,059
▼ 17% vs 2022
€ 111,541 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 16,445
▲ € 14,928 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 4,999
▼ 78% vs 2022
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 841,367 | € 281,785 | € 261,376 | ▼ 7% |
| Profit after taxes | € 275,785 | € -97,542 | € -28,151 | ▲ € 69,391 |
| Equity | € 605,309 | € 7,768 | € -20,383 | ▼ € 28,151 |
| Total debts | € 276,081 | € 656,475 | € 546,303 | ▼ 17% |
| Cash | € 215,369 | € 117,623 | € 88,160 | ▼ 25% |
| Retained profit | € 592,909 | € -4,632 | € -32,783 | ▼ € 28,151 |
| Dividend | € 0 | € 500,000 | € 0 | ▼ 100% |
| Bank debt | € 182,135 | € 631,704 | € 524,059 | ▼ 17% |
| Balance sheet total | € 881,390 | € 664,243 | € 525,920 | ▼ 21% |
| Employees (FTE) | 7.3 | 5.2 | 3.7 | ▼ 1.5 |
Key figures of ForGrass, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ForGrass?
What happened at ForGrass in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ForGrass is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 28,151. filed late Source: NBB ↗
- MARC VERLEYEN became a director. NBB
- IMAVEST became a director. NBB
- New establishment in Waregem. KBO
- New establishment in Asse. KBO
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 275,785 profit in 2021 to € 28,151 loss in 2023.
Paid € 91,490 in corporate taxes since 2021.
Best year ever: 2021, with € 275,785 profit.
On average € 70,600 of value added per employee in 2023.
A new publication or filing at ForGrass? We notify you, reason included.
Follow ForGrassDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 Midori Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ForGrassBehind ForGrass are MARC VERLEYEN and IMAVEST. The shares are held by Midori Group (100%).
Directors
According to the 2023 annual accounts
since 2023
Director · represented by GOEMAERE WERNER
Also active at: Feelds, Heimat, Midori Group, FEELDS SYNTHETIC TURF
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Krommewege 38
9990 Maldegem
Krommewege 32 box C1
9990 Maldegem
Active since 14 July 2016
Gentseweg 491
8793 Waregem
Active since 23 August 2021
Z. 5 Mollem 49 box a
1730 Asse
Active since 23 August 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Website info
Features
Security
Network
Details
- Company number
- 0659.652.161
- VAT number
- BE 0659.652.161
- Registered office
- Krommewege 38, 9990 Maldegem
- Names & denominations
- ForGrass
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 July 2016
- Peppol
- Not registered
- Contact
- forgrass-kunstgras.be
- Activities · NACE
Groothandel in bloemen en planten
Bouwrijp maken van terreinen
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Groothandel in granen en zaden