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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORNAXX from Leuven, company number BE0811070151, closed financial year 2025 with a result of € -13,603 after tax. For that financial year FORNAXX recorded a gross margin of € -11,614 and equity of € -111,568. Compared with financial year 2024, the result moved from € -169,234 to € -13,603. 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 March 31, 2026.
€ -111,568
▼ € 13,603 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,603
▲ 92 % less loss than in 2024
Profit after tax over the fiscal year.
€ 179
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -136,568.
Debts at end 2025
€ 25,000
Loans from banks and other lenders, long and short.
€ 3,174
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,969 | € 138,573 | € 54,425 | € -11,614 | ▼ € 66,039 |
| Profit after taxes | € -16,072 | € -28,380 | € -169,234 | € -13,603 | ▲ € 155,631 |
| Equity | € 99,648 | € 71,269 | € -97,965 | € -111,568 | ▼ € 13,603 |
| Total debts | € 1,749,256 | € 1,584,897 | € 135,632 | € 128,928 | ▼ 5% |
| Cash | € 18,136 | € 47,100 | € 21,409 | € 179 | ▼ 99% |
| Land & buildings | € 1,800,036 | € 1,584,185 | - | - | |
| Retained profit | € 74,648 | € 46,269 | € -122,965 | € -136,568 | ▼ € 13,603 |
| Bank debt | € 1,625,710 | € 1,374,677 | € 25,000 | € 25,000 | |
| Balance sheet total | € 1,848,904 | € 1,656,166 | € 37,667 | € 17,360 | ▼ 54% |
Key figures of FORNAXX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to FORNAXX?
What happened at FORNAXX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,603. Source: NBB ↗
- New establishment in Leuven. KBO
- Geert D'Union became a director. NBB
- Tom D'Union became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 16,072 loss in 2022 to € 13,603 loss in 2025.
Paid € 1,260 in corporate taxes since 2022.
A new publication or filing at FORNAXX? 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 FORNAXX are Geert D'Union and Tom D'Union. It owns 50% of Tarqui Building itself.
Directors
According to the 2025 annual accounts
Geert D'Union
Director
since 2009
since 2009
Establishments
Establishment units
Physical locations of this company
Eendebroekstraat 54
3012 Leuven
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
- 0811.070.151
- VAT number
- BE 0811.070.151
- Registered office
- Eendebroekstraat 54, 3012 Leuven
- Names & denominations
- FORNAXX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2009
- Peppol
- Active · Active since 24 Aug 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van holdings
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
Holdings
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis