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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
forty2 from Leuven, company number BE0744542306, closed financial year 2025 with a result of € 10,703 after tax. For that financial year forty2 recorded a gross margin of € 17,000 and equity of € 215,447. Compared with financial year 2024, the result moved from € 25,513 to € 10,703. The company is profitable. 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 June 15, 2026.
€ 215,447
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,703
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 236,276
▼ 3% 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 € 63,447.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 60,976
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,180
▲ 107% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,117 | € 35,637 | € 35,331 | € 17,000 | ▼ 52% |
| Profit after taxes | € 37,875 | € 25,590 | € 25,513 | € 10,703 | ▼ 58% |
| Equity | € 153,641 | € 179,231 | € 204,744 | € 215,447 | ▲ 5% |
| Total debts | € 233,558 | € 80,311 | € 96,889 | € 67,157 | ▼ 31% |
| Cash | € 2,162 | € 207,309 | € 242,823 | € 236,276 | ▼ 3% |
| Retained profit | € 1,641 | € 27,231 | € 52,744 | € 63,447 | ▲ 20% |
| Bank debt | € 20,000 | € 20,000 | € 20,000 | € 0 | ▼ 100% |
| Balance sheet total | € 387,199 | € 259,541 | € 301,633 | € 282,604 | ▼ 6% |
Key figures of forty2, 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 forty2?
What happened at forty2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,703 (▼ 58% vs 2024). Source: NBB ↗
- DREAMSCAPER BV became a director. NBB
- Philippe Cassoulat became a director. NBB
- Garick Libaud became a director. NBB
- Mikaël Thepaut became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,875 profit in 2022 to € 10,703 profit in 2025.
Paid € 22,825 in corporate taxes since 2022.
Best year ever: 2022, with € 37,875 profit.
A new publication or filing at forty2? 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 forty2 are Garick Libaud, DREAMSCAPER BV, Mikaël Thepaut and Philippe Cassoulat. The same people are also behind DATAROOTS. Garick Libaud is also behind MICROPOLE BELGIUM, Lucy in the Cloud and MICROPOLE CONSULTING BELGIUM.
Directors
According to the 2025 annual accounts
Garick Libaud
Director
Also active at: MICROPOLE BELGIUM, DATAROOTS, Lucy in the Cloud, MICROPOLE CONSULTING BELGIUM
since 2022
Persoon belast met dagelijks bestuur · represented by Potier Meric
Also active at: DATAROOTS
since 2025
since 2022
since 2024
Establishments
Establishment units
Physical locations of this company
Tiensevest 132
3000 Leuven
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
- 0744.542.306
- VAT number
- BE 0744.542.306
- Registered office
- Tiensevest 132, 3000 Leuven
- Names & denominations
- forty2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 2020
- Peppol
- Not registered
- Activities · NACE
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