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.
Financials
Financial year 2025
FOREST IMMOBILIER from Montigny-le-Tilleul, company number BE0774690597, closed financial year 2025 with a result of € -215,298 after tax. For that financial year FOREST IMMOBILIER recorded a gross margin of € -1,666 and equity of € -226,833. Compared with financial year 2024, the result moved from € 1,450 to € -215,298. 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 27, 2026.
€ -226,833
▼ € 215,298 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -215,298
▼ still € 1,450 profit in 2024
Profit after tax over the fiscal year.
€ 3,067
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -229,233.
People and assets in 2025
€ 85
▼ 95% 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.
Debts at end 2025
€ 1.1 million
▲ 52% vs 2024
Loans from banks and other lenders, long and short.
€ 12,022
▲ € 10,360 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,193 | € -4,539 | € 3,412 | € -1,666 | ▼ € 5,078 |
| Profit after taxes | € -8,233 | € -7,153 | € 1,450 | € -215,298 | ▼ € 216,748 |
| Equity | € -5,833 | € -12,986 | € -11,535 | € -226,833 | ▼ € 215,298 |
| Total debts | € 339,800 | € 497,410 | € 750,007 | € 1,152,730 | ▲ 54% |
| Cash | € 4,694 | € 12,444 | € 41,237 | € 3,067 | ▼ 93% |
| Retained profit | € -8,233 | € -15,386 | € -13,935 | € -229,233 | ▼ € 215,298 |
| Bank debt | € 339,800 | € 486,200 | € 748,345 | € 1,140,674 | ▲ 52% |
| Balance sheet total | € 333,967 | € 484,424 | € 738,472 | € 925,897 | ▲ 25% |
Key figures of FOREST IMMOBILIER, 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 IMMOBILIER?
What happened at FOREST IMMOBILIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 215,298 (▼ € 216,748 vs 2024). filed late Source: NBB ↗
- ROBIMMO SRL became a director. NBB
- DURBIMMO SRL became a director. NBB
- Ulrick MALVAUX became a director. NBB
- Olivier DECUYPERE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,233 loss in 2022 to € 215,298 loss in 2025.
Best year ever: 2024, with € 1,450 profit.
Management
The stake of ROBIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FOREST IMMOBILIERBehind FOREST IMMOBILIER are ROBIMMO SRL, DURBIMMO SRL, Ulrick MALVAUX and Olivier DECUYPERE. The shares are held by ROBIMMO (25%).
Directors
According to the 2025 annual accounts
Director · represented by Dany LEPORCQ
since 2024
Director · represented by Nicolas DURBECQ
Also active at: BD invest immo, Private Deals
since 2021
Ulrick MALVAUX
Director
since 2021
Olivier DECUYPERE
Director
since 2021
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Marchienne 74
6110 Montigny-le-Tilleul
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BD invest immo same network
€ -15,842 gross margin · 2025
DURBIMMO same network
€ 219,716 gross margin · 2025
Add Values
€ 239,903 gross margin · 2025
DURBINVEST
€ 105,939 gross margin · 2025
BVD IMMO
€ -3,245 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0774.690.597
- VAT number
- BE 0774.690.597
- Registered office
- Rue de Marchienne 74, 6110 Montigny-le-Tilleul
- Names & denominations
- FOREST IMMOBILIER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2021
- Peppol
- Active · Active since 11 Feb 2026
- Contact
- logismontagnard.be
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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