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 4 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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORAX SERVICES from Zaventem, company number BE0667568648, closed financial year 2025 with a result of € -1,504 after tax. For that financial year FORAX SERVICES recorded a gross margin of € -416 and equity of € -11,150. Compared with financial year 2024, the result moved from € -1,905 to € -1,504. 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 May 12, 2026.
€ -11,150
▼ € 1,504 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,504
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 780
▲ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18,350.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 883
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 710
▲ 57% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,938 | € -2,920 | € -859 | € -416 | ▲ € 443 |
| Profit after taxes | € -3,204 | € -3,186 | € -1,905 | € -1,504 | ▲ € 401 |
| Equity | € -4,554 | € -7,740 | € -9,645 | € -11,150 | ▼ € 1,504 |
| Total debts | € 6,369 | € 11,524 | € 13,041 | € 16,072 | ▲ 23% |
| Cash | € 189 | € 1,845 | € 478 | € 780 | ▲ 63% |
| Retained profit | € -11,754 | € -14,940 | € -16,845 | € -18,350 | ▼ € 1,504 |
| Balance sheet total | € 1,815 | € 3,784 | € 3,396 | € 4,923 | ▲ 45% |
Key figures of FORAX SERVICES, 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 FORAX SERVICES?
What happened at FORAX SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,504. Source: NBB ↗
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,204 loss in 2022 to € 1,504 loss in 2025.
Management
The stake of Traxbel comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FORAX SERVICESBehind FORAX SERVICES are Christiaan SPEK, Juan BLASI ELIAS and Thomas SEGAERT. The shares are held by Traxbel (41.7%).
Directors
According to the 2025 annual accounts
Shareholders
41.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Excelsiorlaan 19
1930 Zaventem
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
Online SAS, FR
Domain
Domain
forax.com
Registered
2002-03-06
Registrar
EuroDNS S.A.
Expires
2027-03-06
Website info
Features
Security
Network
Details
- Company number
- 0667.568.648
- VAT number
- BE 0667.568.648
- Registered office
- Excelsiorlaan 19, 1930 Zaventem
- Names & denominations
- FORAX SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2016
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- forax.com
- Activities · NACE
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