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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FOREST GARDEN SERVICES from Tournai, company number BE0728656080, closed financial year 2025 with a result of € 25,493 after tax. For that financial year FOREST GARDEN SERVICES recorded a gross margin of € 170,222 and equity of € -151,534. Compared with financial year 2024, the result moved from € 63,189 to € 25,493. The company is profitable. 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 March 30, 2026.
€ -151,534
▲ € 25,493 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,493
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 3,247
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -171,534.
People and assets in 2025
2.2
Average over the fiscal year, from the social balance sheet.
€ 97,765
▲ 22% vs 2024
€ 44,400 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.
€ 88,265
▼ 12% vs 2024
Of which on lease € 54,624.
Debts at end 2025
€ 23,545
▼ 48% vs 2024
Loans from banks and other lenders, long and short.
€ 40,909
▲ 220% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,092
▼ 25% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 81,850 | € 164,395 | € 185,246 | € 170,222 | ▼ 8% |
| Profit after taxes | € -63,818 | € 18,704 | € 63,189 | € 25,493 | ▼ 60% |
| Equity | € -258,919 | € -240,216 | € -177,027 | € -151,534 | ▲ € 25,493 |
| Total debts | € 486,690 | € 407,466 | € 329,523 | € 285,009 | ▼ 14% |
| Cash | € 4,704 | € 4,356 | € 4,542 | € 3,247 | ▼ 29% |
| Retained profit | € -278,919 | € -260,216 | € -197,027 | € -171,534 | ▲ € 25,493 |
| Bank debt | € 157,928 | € 85,556 | € 45,568 | € 23,545 | ▼ 48% |
| Balance sheet total | € 227,771 | € 167,250 | € 152,496 | € 133,475 | ▼ 12% |
| Employees (FTE) | - | 2.7 | 2.2 | 2.2 |
Key figures of FOREST GARDEN 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 FOREST GARDEN SERVICES?
What happened at FOREST GARDEN SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,493 (▼ 60% vs 2024). Source: NBB ↗
- François DE TERCK became a director. NBB
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 63,818 loss in 2022 to € 25,493 profit in 2025.
Best year ever: 2024, with € 63,189 profit.
On average € 77,400 of value added per employee in 2025.
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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
Behind FOREST GARDEN SERVICES is François DE TERCK. François DE TERCK is also behind EXPLOITATIONS FORESTIERES DE TERCK.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Rue de la Barre(BEC) 101
7532 Tournai
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0728.656.080
- VAT number
- BE 0728.656.080
- Registered office
- Rue de la Barre(BEC) 101, 7532 Tournai
- Names & denominations
- FOREST GARDEN SERVICES · FGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2019
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Landschapsverzorging
Zagen en schaven van hout
Exploitatie van bossen