Active · per the CBE, 17 September 2026

FORWARD Services

BE0673543848

Rechtspersoon Public limited company 1 establishment

FORWARD Services is an IT company in Hasselt. Public Limited, started on 27 March 2017, 1 establishment.

Kempische steenweg 311 box 5.01, 3500 Hasselt 0032 11 77 17 20

Active for

9 year, 5 months

Warning lights

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

  • Shrinking team NBB

    FTE fell two years in a row, from 51.9 to 37.

  • Busy address KBO

    34 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

FORWARD Services from Hasselt, company number BE0673543848, closed financial year 2025 with a result of € 596,764 after tax. For that financial year FORWARD Services recorded revenue of € 8.8 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 456,638 to € 596,764. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.

What it is worth Growing

€ 1.7 million

▲ 20% vs 2024

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

Profit Growing

€ 596,764

▲ 31% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 20,252

▼ 50% vs 2024

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

Where the profit goes Pays out

€ 320,000 paid out

54 % of the profit went to the shareholders, mostly to XPlore Group Commerce NV (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

37

▼ 6.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.8 million

▼ 11% vs 2024

€ 75,100 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 816,890

▼ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 429,474

▼ 6% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 10,901,854 € 8,783,645 € 9,400,751 € 8,767,485 ▼ 7%
Gross margin € 4,126,922 € 3,441,978 € 3,849,162 € 3,624,259 ▼ 6%
Profit after taxes € 520,435 € -84,170 € 456,638 € 596,764 ▲ 31%
Equity € 1,288,009 € 1,203,839 € 1,385,477 € 1,662,241 ▲ 20%
Total debts € 1,905,366 € 1,236,773 € 1,669,951 € 1,617,290 ▼ 3%
Cash € 74,935 € 81,621 € 40,370 € 20,252 ▼ 50%
Retained profit € 1,226,009 € 1,141,839 € 1,323,477 € 1,600,241 ▲ 21%
Dividend € 660,000 € 0 € 275,000 € 320,000 ▲ 16%
Balance sheet total € 3,193,608 € 2,440,612 € 3,055,585 € 3,281,243 ▲ 7%
Employees (FTE) 51.2 51.9 43.3 37 ▼ 6.3

Key figures of FORWARD 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 FORWARD Services?

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

  • De Cronos Groep NV stepped down as director. NBB
  • XPlore Group Commerce NV stepped down as director. NBB
  • Josephus de Wit stepped down as director. NBB
  • XGD NV stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 596,764 (▲ 31% vs 2024). filed late Source: NBB ↗
  • De Cronos Groep NV became a director. NBB
  • XPlore Group Commerce NV became a director. NBB
  • Josephus de Wit became a director. NBB

In short

From € 520,435 profit in 2022 to € 596,764 profit in 2025.

Paid € 516,369 in corporate taxes since 2022.

Best year ever: 2025, with € 596,764 profit.

On average € 98,000 of value added per employee in 2025.

Management

FORWARD Services

The shares are held by XPlore Group Commerce NV (100%).

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Directors

According to the 2025 annual accounts

since 2022 · until 2028

XPlore Group Commerce NV

Director · represented by Tim Goffings

since 2022 · until 2028

Josephus de Wit

Director

since 2022 · until 2028

XGD NV

Director · represented by Paul Claes

Owns 93% via XPlore Group Commerce NV

since 2022 · until 2028

Shareholders

XPlore Group Commerce NV · holding of XGD NV

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kempische steenweg 311 box 5.01

3500 Hasselt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.

All companies at this address →

+29 more

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

Details

Company number
0673.543.848
VAT number
BE 0673.543.848
Registered office
Kempische steenweg 311 bus 5.01, 3500 Hasselt
Names & denominations
FORWARD Services
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
27 March 2017
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Overige zakelijke dienstverlening, neg

Computerconsultancy-activiteiten

Frequently asked questions

What does FORWARD Services do?
FORWARD Services is an IT company in Hasselt. Public Limited, started on 27 March 2017, 1 establishment.
What is the address of FORWARD Services?
The registered office of FORWARD Services is located at Kempische steenweg 311 box 5.01, 3500 Hasselt.
Is FORWARD Services still active?
Yes. According to the CBE (17 September 2026) FORWARD Services is active, legal situation “Normale toestand”, started on 27 March 2017.
Is FORWARD Services registered on Peppol?
Yes, FORWARD Services is registered on the Peppol network with ID 0208:0673543848.
What is the enterprise number of FORWARD Services?
The enterprise number of FORWARD Services is BE0673543848.
When was FORWARD Services founded?
FORWARD Services was founded on 27 March 2017.