What does Forest 3 do?

Forest 3 is a property company in Brussel. Public Limited, started on 15 December 2020, 1 establishment.

What is the address of Forest 3?

The registered office of Forest 3 is located at Koningsstraat 52, 1000 Brussel.

Is Forest 3 still active?

Yes. According to the CBE (31 October 2026) Forest 3 is active, legal situation “Normale toestand”, started on 15 December 2020.

Is Forest 3 registered on Peppol?

Yes, Forest 3 is registered on the Peppol network with ID 0208:0759802384.

What is the enterprise number of Forest 3?

The enterprise number of Forest 3 is BE0759802384.

When was Forest 3 founded?

Forest 3 was founded on 15 December 2020.

Who are the directors of Forest 3?

According to the 2025 annual accounts, the directors of Forest 3 are: Baudouin DEMEURE, Valentin AUDRIT, Thomas BILLIAUD, Eric TUBIN.

Is Forest 3 a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 December 2020; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Forest 3 make in 2025?

Forest 3 posted a profit after taxes of € 809,005 in financial year 2025.

What is the revenue of Forest 3?

In its most recent annual accounts (2025), Forest 3 reported revenue of € 1,436,768.

Forest 3 (Public Limited) - Brussel - BE0759802384

Dossier Forest 3, printed on 1 November 2026 from databakkes.be/en/0759802384/forest-3. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

46 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Forest 3 from Brussel, company number BE0759802384, closed financial year 2025 with a result of € 809,005 after tax. For that financial year Forest 3 recorded revenue of € 1.4 million and equity of € 28.5 million. Compared with financial year 2024, the result moved from € -865,774 to € 809,005. 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 July 23, 2026.

What it is worth Growing

€ 28.5 million

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 809,005

▲ still € 865,774 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▲ 120% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 564,030.

Debts at end 2025

Bank debt

€ 1.3 million

▼ 28% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 138,660

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 197 days on average.

Taxes

€ 624

▼ 98% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,029,240 Revenue 2022: € 1,029,240 First fiscal year in the series	€ 1,519,140 Revenue 2023: € 1,519,140 ▲ 48% vs 2022 (€ 1,029,240) Favourable step	€ 1,437,738 Revenue 2024: € 1,437,738 ▼ 5% vs 2023 (€ 1,519,140) Unfavourable step	€ 1,436,768 Revenue 2025: € 1,436,768 Unchanged (€ 1,437,738) Unfavourable step
Profit after taxes	€ -1,503,125 Profit after taxes 2022: € -1,503,125 First fiscal year in the series	€ 1,779,765 Profit after taxes 2023: € 1,779,765 ▲ € 3.3 million vs 2022 (€ -1,503,125) Favourable step	€ -865,774 Profit after taxes 2024: € -865,774 ▼ € 2.6 million vs 2023 (€ 1,779,765) Unfavourable step	€ 809,005 Profit after taxes 2025: € 809,005 ▲ € 1.7 million vs 2024 (€ -865,774) Favourable step	▲ € 1.7 million
Equity	€ 26,759,912 Equity 2022: € 26,759,912 First fiscal year in the series	€ 28,539,677 Equity 2023: € 28,539,677 ▲ 7% vs 2022 (€ 26,759,912) Favourable step	€ 27,673,902 Equity 2024: € 27,673,902 ▼ 3% vs 2023 (€ 28,539,677) Unfavourable step	€ 28,482,908 Equity 2025: € 28,482,908 ▲ 3% vs 2024 (€ 27,673,902) Favourable step	▲ 3%
Total debts	€ 5,343,481 Total debts 2022: € 5,343,481 First fiscal year in the series	€ 3,995,201 Total debts 2023: € 3,995,201 ▼ 25% vs 2022 (€ 5,343,481) Favourable step	€ 2,661,335 Total debts 2024: € 2,661,335 ▼ 33% vs 2023 (€ 3,995,201) Favourable step	€ 2,305,389 Total debts 2025: € 2,305,389 ▼ 13% vs 2024 (€ 2,661,335) Favourable step	▼ 13%
Cash	€ 739,196 Cash 2022: € 739,196 First fiscal year in the series	€ 433,501 Cash 2023: € 433,501 ▼ 41% vs 2022 (€ 739,196) Unfavourable step	€ 481,217 Cash 2024: € 481,217 ▲ 11% vs 2023 (€ 433,501) Favourable step	€ 1,060,367 Cash 2025: € 1,060,367 ▲ 120% vs 2024 (€ 481,217) Favourable step	▲ 120%
Land & buildings	€ 30,727,000 Land & buildings 2022: € 30,727,000 First fiscal year in the series	€ 31,452,988 Land & buildings 2023: € 31,452,988 ▲ 2% vs 2022 (€ 30,727,000) Unchanged	€ 29,370,057 Land & buildings 2024: € 29,370,057 ▼ 7% vs 2023 (€ 31,452,988) Unchanged	€ 29,311,930 Land & buildings 2025: € 29,311,930 Unchanged (€ 29,370,057) Unchanged
Retained profit	€ -1,158,966 Retained profit 2022: € -1,158,966 First fiscal year in the series	€ 620,799 Retained profit 2023: € 620,799 ▲ € 1.8 million vs 2022 (€ -1,158,966) Favourable step	€ -244,975 Retained profit 2024: € -244,975 ▼ € 865,774 vs 2023 (€ 620,799) Unfavourable step	€ 564,030 Retained profit 2025: € 564,030 ▲ € 809,005 vs 2024 (€ -244,975) Favourable step	▲ € 809,005
Bank debt	€ 4,300,578 Bank debt 2022: € 4,300,578 First fiscal year in the series	€ 2,900,578 Bank debt 2023: € 2,900,578 ▼ 33% vs 2022 (€ 4,300,578) Favourable step	€ 1,800,578 Bank debt 2024: € 1,800,578 ▼ 38% vs 2023 (€ 2,900,578) Favourable step	€ 1,300,578 Bank debt 2025: € 1,300,578 ▼ 28% vs 2024 (€ 1,800,578) Favourable step	▼ 28%
Balance sheet total	€ 32,103,392 Balance sheet total 2022: € 32,103,392 First fiscal year in the series	€ 32,534,878 Balance sheet total 2023: € 32,534,878 ▲ 1% vs 2022 (€ 32,103,392) Unchanged	€ 30,335,238 Balance sheet total 2024: € 30,335,238 ▼ 7% vs 2023 (€ 32,534,878) Unchanged	€ 30,788,296 Balance sheet total 2025: € 30,788,296 ▲ 1% vs 2024 (€ 30,335,238) Unchanged	▲ 1%

Key figures of Forest 3, 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 3?

What happened at Forest 3 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Eric TUBIN stepped down as director. NBB
Jul 23, 2026 New annual accounts for financial year 2025: profit of € 809,005. Source: NBB ↗
2026 Baudouin DEMEURE stepped down as director. NBB
2026 Valentin AUDRIT stepped down as director. NBB
2026 Thomas BILLIAUD stepped down as director. NBB
2024 Valentin AUDRIT became a director. NBB
2021 Eric TUBIN became a director. NBB
Dec 15, 2020 New establishment in Elsene. KBO

In short

From € 1.5 million loss in 2022 to € 809,005 profit in 2025.

Paid € 482,192 in corporate taxes since 2022.

Best year ever: 2023, with € 1.8 million profit.

Pays suppliers within 197 days on average.

Original PDFs at the National Bank ↗

Management

Swiss Life Belco SA 100%

Forest 3

The shares are held by Swiss Life Belco SA (100%).

Directors

According to the 2025 annual accounts

Baudouin DEMEURE

Director

Also active at: Leuven, Immo Pan 2, Forest 1, Forest 2, IPE Froissart

since 2020 · until 2026

Valentin AUDRIT

Director

Also active at: MERRION, Swiss Life BelCo, Immo Pan 2, Forest 1, Forest 2, IPE Froissart, SA Rue de la Loi, RENAISSANCE OFFICE +1 more

since 2024 · until 2026

Thomas BILLIAUD

Director

Also active at: Forest 1, Forest 2

since 2020 · until 2026

Eric TUBIN

Director

Also active at: Swiss Life BelCo, Forest 1, Forest 2, RENAISSANCE OFFICE, MONTOYER 51 LEASEHOLD

since 2021 · until 2027

Shareholders

Swiss Life Belco SA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Koningsstraat 52

1000 Brussel

2.314.273.312

Louizalaan 235

1050 Elsene

Active since 15 December 2020

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 46 companies are registered at this address.

All companies 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: 0759.802.384
VAT number: BE 0759.802.384
Registered office: Koningsstraat 52, 1000 Brussel
Names & denominations: Forest 3
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 15 December 2020
Peppol: Active · Active since 1 Jan 2001
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

Forest 3

Warning lights

Financials

What happened to Forest 3?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions