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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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FOURWARD from Gent, company number BE0729570553, closed financial year 2025 with a result of € 44,801 after tax. For that financial year FOURWARD recorded a gross margin of € 134,706 and equity of € 30,113. Compared with financial year 2024, the result moved from € 99,676 to € 44,801. The company is profitable. The buffer shrank hard: equity is 82 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 30,113
▼ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,801
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 63,697
▲ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 183,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 19,822
▼ 5% 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.
€ 16,230
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 60,190
▼ 30% vs 2024
€ 18,462 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,414
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,782
▲ 155% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 87,241 | € 113,524 | € 194,032 | € 134,706 | ▼ 31% |
| Profit after taxes | € 20,935 | € 44,678 | € 99,676 | € 44,801 | ▼ 55% |
| Equity | € 69,459 | € 91,636 | € 168,812 | € 30,113 | ▼ 82% |
| Total debts | € 157,606 | € 173,312 | € 137,965 | € 162,006 | ▲ 17% |
| Cash | € 43,946 | € 35,320 | € 33,874 | € 63,697 | ▲ 88% |
| Land & buildings | - | € 17,835 | € 16,021 | € 14,207 | ▼ 11% |
| Retained profit | € 39,459 | € 61,636 | € 138,812 | € 113 | ▼ € 138,699 |
| Dividend | € 0 | € 22,500 | € 22,500 | € 183,500 | ▲ € 161,000 |
| Bank debt | € 103,719 | € 121,208 | € 86,456 | € 60,190 | ▼ 30% |
| Balance sheet total | € 227,065 | € 264,948 | € 306,777 | € 192,118 | ▼ 37% |
Key figures of FOURWARD, 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 FOURWARD?
What happened at FOURWARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,801 (▼ 55% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,935 profit in 2022 to € 44,801 profit in 2025.
Paid € 66,351 in corporate taxes since 2022.
Best year ever: 2024, with € 99,676 profit.
Paid out € 228,500 in dividends to the owners in total.
Management
Behind FOURWARD are Karel Herman, Wim Comptdaer, Stijn Vandenbroucke and Stijn Verhaeghe. Wim Comptdaer is also behind Comptdaer Wim. Stijn Verhaeghe is also behind Verhaeghe Stijn.
Directors
According to the 2025 annual accounts
Karel Herman
Director
Stijn Vandenbroucke
Director
Establishments
Establishment units
Physical locations of this company
Wiedauwkaai 23 box R
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
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+8 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
- 0729.570.553
- VAT number
- BE 0729.570.553
- Registered office
- Wiedauwkaai 23 bus R, 9000 Gent
- Names & denominations
- FOURWARD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2019
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Activiteiten op het gebied van kinesitherapie
Ambulante revalidatieactiviteiten
Activiteiten op het gebied van voeding
Overige vormen van onderwijs
Overige menselijke gezondheidszorg, n.e.g.