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FORUM ESTATES

Active Risk: low
Public limited companyfounded 2013active for 13 yearsBrusselsesteenweg 6, 9050 Gent, Belgium37 active companies are registered at this addressKBO/BCE: BE 0535.599.554
Summary

FORUM ESTATES has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2018 annual accounts show equity of €49.7m and a net result of -€2.4m. The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€8.8mturnover 2018
Staff
0.9 FTE
Equity
€49.7m
Loss
-€2.4m
Financial health
Bankruptcy probabilitywithin 12 months
1.4%
2018 figures too old to score
Structure
Parent
Forum Estates Holding · 100%
  • Maxhenges BVDirector · permanent representative Elke Krols
  • Lauri Samuel TiensuuDirector
  • GaeverlandDirector · permanent representative Benoît Debruyne
Auditor: KPMG Réviseurs d'EntreprisesAccounts 8 days early
Signalsraises riskFigures for financial year 2018 (filed 09-07-2019)Liquidity: current ratio 0.60, cash €2.9mlowers riskSector: Real estate activities (NACE 68)Size: turnover €8.8m, 0.9 FTE, total assets €173.7mneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Financial strength, FY 2018
Average
Solvency 54
equity 28.6% of total assets
Liquidity 52
short-term debt 8.0% · cash 1.7%
Profitability 62
return on assets -1.4%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,597 companies, NACE 68, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 1.8%● unchanged vs 06-2025 08-2025: 2.4%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 1.8%▼ -0.6 percentage points vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.4%▼ -0.4 percentage points vs 01-2026lowest value 03-2026: 1.4%● unchanged vs 02-2026lowest value 04-2026: 1.4%● unchanged vs 03-2026lowest value 05-2026: 1.4%● unchanged vs 04-2026lowest value 06-2026: 1.4%● unchanged vs 05-2026lowest value 07-2026: 1.4%● unchanged vs 06-2026lowest value 08-2026: 1.4%● unchanged vs 07-2026lowest value 09-2026: 1.4%● unchanged vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026lowest value
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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2018 (filed 09-07-2019)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.60, cash €2.9m
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: turnover €8.8m, 0.9 FTE, total assets €173.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
on the day
2023
on the day
2022
26 days early
2021
18 days late
2020
37 days early
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · unclassified…
  2. Capital & shares · RestructuringMerger · Declaration · Real…
  3. Resignation: KPMG Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Filip De Bock…

Key points

  • 3 restructurings since 2023latest: merger with IMOTOP 3 View
  • Controlled by Forum Estates Holding 100% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2018
Turnover
€8.8m
Loss
-€2.4m
Solvency
28.6%
Go to Financials

Board & ownership

Board
3 members
Parent
Forum Estates Holding · 100%
Auditor
KPMG Réviseurs d'Entreprises
  • Maxhenges BVDirector
  • Lauri Samuel TiensuuDirector
  • GaeverlandDirector
Go to Board & ownership

Timeline

Events
78
Since
2013
Next accounts
by 31-07-2027
  1. 27-10-2025Restructuring
  2. 31-07-2025Annual accounts filed
  3. 10-03-2025Resignations: Tom Heeren, S.I.M.C. NV and 3…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
11-06-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
11
Purpose
“Beleggingsrisico's spreiden en aandeelhouders laten genieten van beheer activa; 1.…” (deed in Dutch)
Go to Articles of association

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