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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORTEXCO from Quaregnon, company number BE0690920706, closed financial year 2025 with a result of € -16,173 after tax. For that financial year FORTEXCO recorded a gross margin of € 57,406 and equity of € 37,123. Compared with financial year 2024, the result moved from € -3,828 to € -16,173. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 37,123
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,173
▼ 323 % more loss than in 2024
Profit after tax over the fiscal year.
€ 21,927
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 30,923.
People and assets in 2025
€ 54,292
▼ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 123
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22,348
▲ 81% vs 2024
€ 13,698 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 74,073
▲ 157% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,603
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,335 | € 83,061 | € 80,690 | € 57,406 | ▼ 29% |
| Profit after taxes | € -14,971 | € 12,353 | € -3,828 | € -16,173 | ▼ € 12,346 |
| Equity | € 44,770 | € 57,124 | € 53,296 | € 37,123 | ▼ 30% |
| Total debts | € 113,334 | € 84,837 | € 105,874 | € 150,780 | ▲ 42% |
| Cash | € 33,344 | € 22,833 | € 37,028 | € 21,927 | ▼ 41% |
| Retained profit | € 38,570 | € 50,924 | € 47,096 | € 30,923 | ▼ 34% |
| Bank debt | € 17,840 | € 27,604 | € 12,353 | € 22,348 | ▲ 81% |
| Balance sheet total | € 158,104 | € 141,960 | € 159,170 | € 187,903 | ▲ 18% |
Key figures of FORTEXCO, 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 FORTEXCO?
What happened at FORTEXCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,173. filed late Source: NBB ↗
- New establishment in Quaregnon. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,971 loss in 2022 to € 16,173 loss in 2025.
Paid € 7,297 in corporate taxes since 2022.
Best year ever: 2023, with € 12,353 profit.
Management
Behind FORTEXCO are Sylvana Tulipano and Youssef Santocono.
Directors
According to the 2025 annual accounts
Sylvana Tulipano
Managing director
Youssef Santocono
Director
Establishments
Establishment units
Physical locations of this company
Rue du Village 97
7390 Quaregnon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0690.920.706
- VAT number
- BE 0690.920.706
- Registered office
- Rue du Village 97, 7390 Quaregnon
- Names & denominations
- FORTEXCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2018
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Detailhandel in overig textiel
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren