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 4 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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FOREST INVEST from Saint-Ghislain, company number BE0872762349, closed financial year 2025 with a result of € -11,478 after tax. For that financial year FOREST INVEST recorded a gross margin of € 83,064 and equity of € -405,433. Compared with financial year 2024, the result moved from € -48,983 to € -11,478. 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 26, 2026.
€ -405,433
▼ € 11,478 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,478
▲ 77 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,931
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -466,933.
People and assets in 2025
€ 64,719
▼ 29% 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.
€ 16,489
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 44,615
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,502
▲ 89% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 83,986 | € 71,428 | € 66,615 | € 83,064 | ▲ 25% |
| Profit after taxes | € -71,347 | € -96,514 | € -48,983 | € -11,478 | ▲ € 37,505 |
| Equity | € -248,458 | € -344,972 | € -393,955 | € -405,433 | ▼ € 11,478 |
| Total debts | € 387,647 | € 478,984 | € 499,033 | € 512,808 | ▲ 3% |
| Cash | € 3,603 | € 7,991 | € 9,517 | € 5,931 | ▼ 38% |
| Retained profit | € -309,958 | € -406,472 | € -455,455 | € -466,933 | ▼ € 11,478 |
| Bank debt | € 2,385 | € 3,064 | € 0 | € 0 | |
| Balance sheet total | € 139,189 | € 134,012 | € 105,078 | € 107,375 | ▲ 2% |
Key figures of FOREST INVEST, 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 INVEST?
What happened at FOREST INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fernand André Corneel PINCEEL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 11,478. filed late Source: NBB ↗
- Fernand André Corneel PINCEEL became a director. NBB
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
- New establishment in Beloeil. KBO
In short
From € 71,347 loss in 2022 to € 11,478 loss in 2025.
Paid € 5,815 in corporate taxes since 2022.
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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
Directors
According to the 2025 annual accounts
Fernand André Corneel PINCEEL
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Grande(SG) 62/1
7330 Saint-Ghislain
Première rue Basse (Bel) 52
7970 Beloeil
Active since 22 March 2005
Ieperstraat 169
8970 Poperinge
Active since 15 May 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0872.762.349
- VAT number
- BE 0872.762.349
- Registered office
- Rue Grande(SG) 62/1, 7330 Saint-Ghislain
- Names & denominations
- FOREST INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2005
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening