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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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Fortinet Belgium BV from Machelen (Brab.), company number BE0736509320, closed financial year 2025 with a result of € 895,545 after tax. For that financial year Fortinet Belgium BV recorded revenue of € 27.2 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 753,108 to € 895,545. 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 4, 2026.
€ 3.9 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 895,545
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 4.6 million
▲ 68% 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 € 3.9 million.
People and assets in 2025
86.1
▲ 12.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 22.8 million
▲ 26% vs 2024
€ 264,300 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
None
No bank loans on the last day of the fiscal year.
€ 145,992
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.
€ 6.5 million
▲ 96% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 21,866,377 | € 27,173,684 | ▲ 24% |
| Gross margin | € 16,897,505 | € 19,347,533 | - | - | |
| Profit after taxes | € 817,136 | € 695,396 | € 753,108 | € 895,545 | ▲ 19% |
| Equity | € 1,527,250 | € 2,222,646 | € 2,975,754 | € 3,871,299 | ▲ 30% |
| Total debts | € 3,323,921 | € 3,390,080 | € 3,725,253 | € 6,775,752 | ▲ 82% |
| Cash | € 1,982,581 | € 1,311,390 | € 2,719,578 | € 4,558,481 | ▲ 68% |
| Retained profit | € 1,508,700 | € 2,204,096 | € 2,957,204 | € 3,852,749 | ▲ 30% |
| Balance sheet total | € 4,851,171 | € 5,612,726 | € 6,975,007 | € 11,621,552 | ▲ 67% |
| Employees (FTE) | 59 | 70.9 | 73.4 | 86.1 | ▲ 12.7 |
Key figures of Fortinet Belgium BV, 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 Fortinet Belgium BV?
What happened at Fortinet Belgium BV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- James Richberg stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 895,545 (▲ 19% vs 2024). filed late Source: NBB ↗
- Margrit Christiane Ohlgart became a director. NBB
- Brian Pollard stepped down as director. NBB
- James Richberg became a director. NBB
- Brian Pollard became a director. NBB
- New establishment in Machelen (Brab.). KBO
- Lindsey Marie Cayanan became a director. NBB
In short
From € 817,136 profit in 2022 to € 895,545 profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 895,545 profit.
On average € 272,900 of value added per employee in 2023.
A new publication or filing at Fortinet Belgium BV? We notify you, reason included.
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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 Fortinet Belgium BV are Margrit Christiane Ohlgart, Lindsey Marie Cayanan and Declan Michael Fitzpatrick. The shares are held by Fortinet B.V. (100%).
Directors
According to the 2025 annual accounts
Margrit Christiane Ohlgart
Director
since 2026
Lindsey Marie Cayanan
Director
since 2019
Declan Michael Fitzpatrick
Director
since 2019
James Richberg
Director
since 2022 · until 2027
Brian Pollard
Director
since 2022 · until 2026
Shareholders
Fortinet B.V.
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Kleetlaan 5BC
1831 Machelen (Brab.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0736.509.320
- VAT number
- BE 0736.509.320
- Registered office
- De Kleetlaan 5BC, 1831 Machelen (Brab.)
- Names & denominations
- Fortinet Belgium BV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2019
- Peppol
- Not registered
- Activities · NACE
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