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
Forward Institute from La Hulpe, company number BE0790158238, closed financial year 2025 with a result of € 6,884 after tax. For that financial year Forward Institute recorded a gross margin of € 7,400 and equity of € -47. Compared with financial year 2024, the result moved from € -2,815 to € 6,884. Profitable, and profit is growing. 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 May 26, 2026.
€ -47
▲ € 6,884 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,884
▲ still € 2,815 loss in 2024
Profit after tax over the fiscal year.
€ 8,701
▲ € 8,621 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 € -2,047.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 826
Supplier invoices still open on the last day of the fiscal year.
€ 1,089
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 | € -2,495 | € -3,088 | € -1,937 | € 7,400 | ▲ € 9,337 |
| Profit after taxes | € -2,600 | € -3,516 | € -2,815 | € 6,884 | ▲ € 9,700 |
| Equity | € -600 | € -4,116 | € -6,931 | € -47 | ▲ € 6,884 |
| Total debts | € 1,801 | € 6,308 | € 8,403 | € 9,747 | ▲ 16% |
| Cash | € 777 | € 295 | € 80 | € 8,701 | ▲ € 8,621 |
| Retained profit | € -2,600 | € -6,116 | € -8,931 | € -2,047 | ▲ € 6,884 |
| Balance sheet total | € 1,201 | € 2,193 | € 1,472 | € 9,700 | ▲ € 8,227 |
Key figures of Forward Institute, 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 Forward Institute?
What happened at Forward Institute in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,884. Source: NBB ↗
- New establishment in La Hulpe. KBO
- David Lannoy became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,600 loss in 2022 to € 6,884 profit in 2025.
Best year ever: 2025, with € 6,884 profit.
Management
Behind Forward Institute is David Lannoy. David Lannoy is also behind BDO ADVISORY, RISK LEADERSHIP and BDO Chapelle.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Rue Général de Gaulle 26
1310 La Hulpe
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
- 0790.158.238
- VAT number
- BE 0790.158.238
- Registered office
- Rue Général de Gaulle 26, 1310 La Hulpe
- Names & denominations
- Forward Institute
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 2022
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
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