What does FOREEST do?

FOREEST is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 30 December 2016, 1 establishment.

What is the address of FOREEST?

The registered office of FOREEST is located at Kervijnstraat 79, 8531 Harelbeke.

Is FOREEST still active?

Yes. According to the CBE (30 October 2026) FOREEST is active, legal situation “Normale toestand”, started on 30 December 2016.

Is FOREEST registered on Peppol?

Yes, FOREEST is registered on the Peppol network with ID 0208:0668782633.

What is the enterprise number of FOREEST?

The enterprise number of FOREEST is BE0668782633.

When was FOREEST founded?

FOREEST was founded on 30 December 2016.

Who are the directors of FOREEST?

According to the 2025 annual accounts, the directors of FOREEST are: Michel LESAGE, Emely VANNESTE.

Is FOREEST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 December 2016; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FOREEST make in 2025?

FOREEST posted a profit after taxes of € 281,818 in financial year 2025.

What is the revenue of FOREEST?

In its most recent annual accounts (2025), FOREEST reported revenue of € 790,000.

FOREEST (Private Limited) - Harelbeke - BE0668782633

Dossier FOREEST, printed on 30 October 2026 from databakkes.be/en/0668782633/foreest. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FOREEST from Harelbeke, company number BE0668782633, closed financial year 2025 with a result of € 281,818 after tax. For that financial year FOREEST recorded revenue of € 790,000 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 418,533 to € 281,818. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.

What it is worth Growing

€ 1.9 million

▲ 10% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 281,818

▼ 33% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 43,109

▼ 72% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 116,494 paid out

41 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 72,511

▼ 45% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.1 million

▲ 63% vs 2024

€ 443,015 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 9,553

▲ 9% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.

Taxes

€ 4,480

▼ 72% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 856,308 Revenue 2024: € 856,308 First fiscal year in the series	€ 790,000 Revenue 2025: € 790,000 ▼ 8% vs 2024 (€ 856,308) Unfavourable step	▼ 8%
Gross margin	€ 319,477 Gross margin 2022: € 319,477 First fiscal year in the series	€ 420,993 Gross margin 2023: € 420,993 ▲ 32% vs 2022 (€ 319,477) Favourable step	-	-
Profit after taxes	€ 150,762 Profit after taxes 2022: € 150,762 First fiscal year in the series	€ 196,842 Profit after taxes 2023: € 196,842 ▲ 31% vs 2022 (€ 150,762) Favourable step	€ 418,533 Profit after taxes 2024: € 418,533 ▲ 113% vs 2023 (€ 196,842) Favourable step	€ 281,818 Profit after taxes 2025: € 281,818 ▼ 33% vs 2024 (€ 418,533) Unfavourable step	▼ 33%
Equity	€ 1,113,309 Equity 2022: € 1,113,309 First fiscal year in the series	€ 1,310,151 Equity 2023: € 1,310,151 ▲ 18% vs 2022 (€ 1,113,309) Favourable step	€ 1,728,684 Equity 2024: € 1,728,684 ▲ 32% vs 2023 (€ 1,310,151) Favourable step	€ 1,894,009 Equity 2025: € 1,894,009 ▲ 10% vs 2024 (€ 1,728,684) Favourable step	▲ 10%
Total debts	€ 2,636,889 Total debts 2022: € 2,636,889 First fiscal year in the series	€ 2,879,243 Total debts 2023: € 2,879,243 ▲ 9% vs 2022 (€ 2,636,889) Unfavourable step	€ 2,938,611 Total debts 2024: € 2,938,611 ▲ 2% vs 2023 (€ 2,879,243) Unfavourable step	€ 4,695,872 Total debts 2025: € 4,695,872 ▲ 60% vs 2024 (€ 2,938,611) Unfavourable step	▲ 60%
Cash	€ 155,126 Cash 2022: € 155,126 First fiscal year in the series	€ 204,927 Cash 2023: € 204,927 ▲ 32% vs 2022 (€ 155,126) Favourable step	€ 155,114 Cash 2024: € 155,114 ▼ 24% vs 2023 (€ 204,927) Unfavourable step	€ 43,109 Cash 2025: € 43,109 ▼ 72% vs 2024 (€ 155,114) Unfavourable step	▼ 72%
Land & buildings	€ 991,219 Land & buildings 2022: € 991,219 First fiscal year in the series	€ 1,493,544 Land & buildings 2023: € 1,493,544 ▲ 51% vs 2022 (€ 991,219) Unchanged	€ 1,445,617 Land & buildings 2024: € 1,445,617 ▼ 3% vs 2023 (€ 1,493,544) Unchanged	€ 3,582,006 Land & buildings 2025: € 3,582,006 ▲ 148% vs 2024 (€ 1,445,617) Unchanged	▲ 148%
Retained profit	€ 682,111 Retained profit 2022: € 682,111 First fiscal year in the series	€ 878,953 Retained profit 2023: € 878,953 ▲ 29% vs 2022 (€ 682,111) Favourable step	€ 1,297,486 Retained profit 2024: € 1,297,486 ▲ 48% vs 2023 (€ 878,953) Favourable step	€ 1,462,811 Retained profit 2025: € 1,462,811 ▲ 13% vs 2024 (€ 1,297,486) Favourable step	▲ 13%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 116,494 Dividend 2025: € 116,494 Unchanged (€ 0) Unchanged
Bank debt	€ 2,200,097 Bank debt 2022: € 2,200,097 First fiscal year in the series	€ 2,466,755 Bank debt 2023: € 2,466,755 ▲ 12% vs 2022 (€ 2,200,097) Unfavourable step	€ 2,521,500 Bank debt 2024: € 2,521,500 ▲ 2% vs 2023 (€ 2,466,755) Unfavourable step	€ 4,103,645 Bank debt 2025: € 4,103,645 ▲ 63% vs 2024 (€ 2,521,500) Unfavourable step	▲ 63%
Balance sheet total	€ 3,750,198 Balance sheet total 2022: € 3,750,198 First fiscal year in the series	€ 4,189,394 Balance sheet total 2023: € 4,189,394 ▲ 12% vs 2022 (€ 3,750,198) Unchanged	€ 4,667,295 Balance sheet total 2024: € 4,667,295 ▲ 11% vs 2023 (€ 4,189,394) Unchanged	€ 6,589,881 Balance sheet total 2025: € 6,589,881 ▲ 41% vs 2024 (€ 4,667,295) Unchanged	▲ 41%

Key figures of FOREEST, 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 FOREEST?

What happened at FOREEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 30, 2026 New annual accounts for financial year 2025: profit of € 281,818 (▼ 33% vs 2024). Source: NBB ↗
Jan 1, 2017 New establishment in Harelbeke. KBO
2016 Michel LESAGE became a director. NBB
2016 Emely VANNESTE became a director. NBB
Dec 30, 2016 Start of the company according to the CBE. KBO

In short

From € 150,762 profit in 2022 to € 281,818 profit in 2025.

Paid € 358,550 in corporate taxes since 2022.

Best year ever: 2024, with € 418,533 profit.

Paid out € 116,494 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Michel LESAGE

Emely VANNESTE

FOREEST

Champignons Lesage 99.9%

Lesage Mushroom Sales 99.2%

Behind FOREEST are Michel LESAGE and Emely VANNESTE. It owns 99.9% of Champignons Lesage and 99.2% of Lesage Mushroom Sales itself.

Directors

According to the 2025 annual accounts

Michel LESAGE

Director

Also active at: CHAMPIGNONS LESAGE

since 2016

Emely VANNESTE

Director

Also active at: LESAGE MUSHROOM SALES

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Kervijnstraat 79

8531 Harelbeke

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

CHAMPIGNONS LESAGE same network

€ 2.7 million gross margin · 2025

LESAGE MUSHROOM SALES same network

€ 518,414 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0668.782.633

VAT number

BE 0668.782.633

Registered office

Kervijnstraat 79, 8531 Harelbeke

Names & denominations

FOREEST

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

30 December 2016

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Activiteiten van holdings

Holdings

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Overige recreatie- en ontspanningsactiviteiten, neg

Teelt van groenten, meloenen en wortel- en knolgewassen

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

FOREEST

Warning lights

Financials

What happened to FOREEST?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions