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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Go Forest from Gent, company number BE0747568904, closed financial year 2025 with a result of € -35,440 after tax. For that financial year Go Forest recorded a gross margin of € 98,332 and equity of € -264,294. Compared with financial year 2024, the result moved from € -83,230 to € -35,440. The company made a loss. 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 August 21, 2026.
€ -264,294
▼ € 35,441 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,440
▲ 57 % less loss than in 2024
Profit after tax over the fiscal year.
€ 25,484
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -317,294.
People and assets in 2025
€ 75,869
▼ 46% 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.
€ 1,568
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 397,453
▼ 5% vs 2024
€ 3,995 is repaid this year. At this pace the long-term loan is gone in ≈ 88 years.
€ 63,753
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,468
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,640 | € 152,616 | € 107,280 | € 98,332 | ▼ 8% |
| Profit after taxes | € -49,317 | € -5,490 | € -83,230 | € -35,440 | ▲ € 47,790 |
| Equity | € -140,134 | € -145,623 | € -228,853 | € -264,294 | ▼ € 35,441 |
| Total debts | € 388,109 | € 550,226 | € 574,096 | € 506,445 | ▼ 12% |
| Cash | € 60,543 | € 106,252 | € 27,532 | € 25,484 | ▼ 7% |
| Retained profit | € -193,134 | € -198,623 | € -281,853 | € -317,294 | ▼ € 35,441 |
| Bank debt | € 316,269 | € 451,690 | € 419,080 | € 397,453 | ▼ 5% |
| Balance sheet total | € 247,976 | € 404,603 | € 345,243 | € 242,151 | ▼ 30% |
Key figures of Go Forest, 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 Go Forest?
What happened at Go Forest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,440. filed late Source: NBB ↗
- Piet Wallyn became a director. NBB
- Wannes Van Giel became a director. NBB
- New establishment in Gent. KBO
- Sarah Parent became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 49,317 loss in 2022 to € 35,440 loss in 2025.
Paid € 560 in corporate taxes since 2022.
Management
The stake of CO2LOGIC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Go ForestBehind Go Forest are Piet Wallyn, Sarah Parent and Wannes Van Giel. The shares are held by CO2LOGIC (50%).
Directors
According to the 2025 annual accounts
Piet Wallyn
Director
Also active at: 647 ACTIVATIONS, PHAROS SUPPORT SERVICES, FIXIT AGENCY, Samoereye, PIVOTT, BUDA BRAND ACTIVATIONS, Building your dreams, MIXED REALITY EVENTS +2 more
since 2025
Sarah Parent
Director
since 2020
since 2025
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 178A
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0747.568.904
- VAT number
- BE 0747.568.904
- Registered office
- Koningin Astridlaan 178A, 9000 Gent
- Names & denominations
- Go Forest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2020
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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