Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FOREST MAX from Rochefort, company number BE0843623747, closed financial year 2025 with a result of € 76,446 after tax. For that financial year FOREST MAX recorded a gross margin of € 272,191 and equity of € 100,351. Compared with financial year 2024, the result moved from € -9,584 to € 76,446. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 100,351
▲ € 76,446 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 76,446
▲ still € 9,584 loss in 2024
Profit after tax over the fiscal year.
€ 29,380
▼ 74% 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 € 20,351.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 69,491
▲ 7% vs 2024
€ 34,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 116,155
▼ 32% vs 2024
Of which on lease € 42,014.
Debts at end 2025
€ 105,532
▼ 39% vs 2024
€ 39,497 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 110,151
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,416
▲ 62% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 217,151 | € 202,101 | € 172,262 | € 272,191 | ▲ 58% |
| Profit after taxes | € 76,565 | € 41,608 | € -9,584 | € 76,446 | ▲ € 86,030 |
| Equity | € -8,119 | € 33,489 | € 23,904 | € 100,351 | ▲ € 76,446 |
| Total debts | € 664,162 | € 690,072 | € 718,169 | € 617,098 | ▼ 14% |
| Cash | € 20,323 | € 44,733 | € 111,619 | € 29,380 | ▼ 74% |
| Land & buildings | € 73,989 | € 69,365 | € 64,740 | € 60,116 | ▼ 7% |
| Retained profit | € -88,119 | € -46,511 | € -56,096 | € 20,351 | ▲ € 76,446 |
| Bank debt | € 118,640 | € 169,427 | € 174,025 | € 105,532 | ▼ 39% |
| Balance sheet total | € 656,043 | € 723,560 | € 742,074 | € 717,449 | ▼ 3% |
| Employees (FTE) | 1.9 | 2 | 2 | 2 |
Key figures of FOREST MAX, 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 MAX?
What happened at FOREST MAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 76,446. filed late Source: NBB ↗
- New establishment in Rochefort. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,565 profit in 2022 to € 76,446 profit in 2025.
Paid € 294 in corporate taxes since 2022.
Best year ever: 2022, with € 76,565 profit.
On average € 136,100 of value added per employee in 2025.
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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
Establishments
Establishment units
Physical locations of this company
Route de Givet,Mont-Gauthier 82
5580 Rochefort
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.623.747
- VAT number
- BE 0843.623.747
- Registered office
- Route de Givet,Mont-Gauthier 82, 5580 Rochefort
- Names & denominations
- FOREST MAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2012
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Zagen en schaven van hout
Exploitatie van bossen
Bouwrijp maken van terreinen
Groothandel in hout
Vervaardiging van houten emballage
Bouw van autowegen en andere wegen