Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
Fail Forward Company from Sint-Niklaas, company number BE0771545522, closed financial year 2023 with a result of € -10,855 after tax. For that financial year Fail Forward Company recorded a gross margin of € -7,679 and equity of € -9,563. Compared with financial year 2022, the result moved from € -1,208 to € -10,855. 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 29, 2024.
€ -9,563
▼ € 10,855 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,855
▼ 798 % more loss than in 2022
Profit after tax over the fiscal year.
€ 2,187
▲ € 2,132 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,063.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 3,594
▼ 85% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 5,267
▼ 19% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 2,042 | € -7,679 | ▼ € 9,721 |
| Profit after taxes | € -1,208 | € -10,855 | ▼ € 9,647 |
| Equity | € 1,292 | € -9,563 | ▼ € 10,855 |
| Total debts | € 40,571 | € 19,221 | ▼ 53% |
| Cash | € 55 | € 2,187 | ▲ € 2,132 |
| Retained profit | € -1,208 | € -12,063 | ▼ € 10,855 |
| Balance sheet total | € 41,863 | € 9,658 | ▼ 77% |
Key figures of Fail Forward Company, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Fail Forward Company?
What happened at Fail Forward Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 10,855. filed late Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,208 loss in 2022 to € 10,855 loss in 2023.
Paid € 1,718 in corporate taxes since 2022.
A new publication or filing at Fail Forward Company? 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 Fail Forward Company is Toby Aerts.
Directors
According to the 2023 annual accounts
Toby Aerts
Director
Establishments
Establishment units
Physical locations of this company
Nieuwe Baan 5
9111 Sint-Niklaas
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
- 0771.545.522
- VAT number
- BE 0771.545.522
- Registered office
- Nieuwe Baan 5, 9111 Sint-Niklaas
- Names & denominations
- Fail Forward Company
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2021
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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