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GLOBAL FORUM FORMEDIA DEVELOPMENT

Active
Int'l non-profit association·Activiteiten van beroepsorganisaties· 15 yrs active
Robert Schumanplein 6 ·1040 Brussel, Belgium
KBO/BCE: BE 0837.611.925
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Age15 yrs
Board6
Connections6

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GLOBAL FORUM FORMEDIA DEVELOPMENT is < 0.1% (very low). The 2024 annual accounts show equity of €49k and a net result of €9k. Its solvency ranks better than 26% of 80 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Established
Founded in 2011, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
< 0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form Lower-failure-rate sector Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€9k-38.1%
Working capital€201k-26.6%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 16-06-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20k€30kOperating result 2023: €28k€28kNet result 2023: €15k€15kOperating result 2024: €18k€18kNet result 2024: €9k€9k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 94 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 16.6% 51.8%
better than 26% of 80 sector peers
Net result €9k €6k
better than 56% of 80 sector peers
Equity €49k €43k
better than 51% of 80 sector peers
Gross operating margin €23k €63k
better than 29% of 80 sector peers
Total assets €295k €144k
better than 70% of 81 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€20k
-34.9% -94% vs sector
Net profit
€9k
-38.1% -92% vs sector
Cash flow
€11k
-35.1% -97% vs sector
Total assets
€295k
-10.8% -94% vs sector
Equity
€49k
+23.4% -99% vs sector
Working capital
€201k
-26.6% -94% vs sector
Debt
€246k
-15.5% -89% vs sector
Debt ≤ 1y
€92k
+73.3% -85% vs sector
Current ratio
3.17
-48.2% -68% vs sector
Quick ratio
3.17
-48.2% -68% vs sector
Solvency
16.6%
+38.3% -65% vs sector
Debt / equity
5.02
-31.5% far above sector median
ROE
18.9%
-49.8% far above sector median
ROA
3.1%
-30.6% +7% vs sector
Interest coverage
1.99
+41.7% -94% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€20k
Net profit€9k
Cash flow€11k
Staff costs-
Income taxes-
Dividends-
Total assets€295k
Equity€49k
Debt€246k
of which ≤ 1y€92k
of which > 1y-
Working capital€201k
Employees (FTE)-
Ratios (computed)
2024
Current ratio3.17
Quick ratio3.17
Working capital ratio68.1%
Solvency16.6%
Debt / equity5.02
Long-term debt ratio-
Interest coverage1.99
Gross margin-
Net margin-
ROA3.1%
ROE18.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€295k
Fixed assets 21/28€2k
Intangible fixed assets 21€1k
Tangible fixed assets 22/27€126
Current assets 29/58€293k
Amounts receivable within one year 40/41€124k
Cash & bank 54/58€129k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€295k
Equity 10/15€49k
Accumulated profits (losses) 14€49k
Amounts payable 17/49€246k
Amounts payable within one year 42/48€92k
Trade debts payable within one year 44€18k
Income statement
Gross operating margin 9900€23k
Operating result 9901€18k
Financial income 75€1k
Financial charges 65€10k
Result before taxes 9903€9k
Net result for the period 9904€9k
Result to be appropriated 9905€9k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
68 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

18 directors
Current directors & mandates
  • Caroline Vuillemin
    Trésorière
    State Gazette act 26043492 (27-03-2026)
    Current
    20-11-2025 → present
  • Laxman Datt Pant
    Vice président
    State Gazette act 26043492 (27-03-2026)
    Current
    20-11-2025 → present
  • Rawan AlDamen
    Présidente
    State Gazette act 26043492 (27-03-2026)
    Current
    20-11-2025 → present
  • Dréanic Alan
    Director
    State Gazette act 21037502 (24-03-2021)
    Current
    10-01-2020 → present
  • Lublinski Jan Eric
    Director
    State Gazette act 21037502 (24-03-2021)
    Current
    10-01-2020 → present
  • Corredor Cure Ricardo Alfonso
    Director
    State Gazette act 21037502 (24-03-2021)
    Current
    07-06-2017 → present
    2 events
    • 24-03-2021 Mandate renewed· Director
    • 07-06-2017 Appointed· Director
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Petra Susanne Bemer
    Director
    State Gazette act 18033397 (16-02-2018)
    Not recently confirmed
    last confirmed in an act from 2018
  • Mirjana Milosevic
    Director
    State Gazette act 17112776 (02-08-2017)
    Not recently confirmed
    last confirmed in an act from 2017
Former directors (10)
  • Jan Lublinski
    Director
    State Gazette act 21375875 (21-12-2021)
    Former
    21-12-2021 → 20-11-2025
    2 events
    • 20-11-2025 Resigned· Vice président
    • 21-12-2021 Appointed· Director
  • Ruth Kronenburg
    Director
    State Gazette act 21375875 (21-12-2021)
    Former
    21-12-2021 → 20-11-2025
    2 events
    • 20-11-2025 Resigned· Trésorière
    • 21-12-2021 Appointed· Director
  • Zoè Titus
    Director
    State Gazette act 21375875 (21-12-2021)
    Former
    21-12-2021 → 20-11-2025
    2 events
    • 20-11-2025 Resigned· Présidente
    • 21-12-2021 Appointed· Director
  • Ricardo Corredo
    Director
    State Gazette act 21375875 (21-12-2021)
    Former
    - → 21-12-2021
  • Berner Petra Susanne
    Director
    State Gazette act 21037502 (24-03-2021)
    Former
    - → 10-01-2020
  • Fonbaustier Marc Jean Roland
    Director
    State Gazette act 18033397 (16-02-2018)
    Former
    16-02-2018 → 10-01-2020
    2 events
    • 10-01-2020 Resigned· Director
    • 16-02-2018 Appointed· Director
  • Miasnikova Kateryna
    Director
    State Gazette act 17079658 (07-06-2017)
    Former
    07-06-2017 → 21-09-2019
    2 events
    • 21-09-2019 Resigned· Director
    • 07-06-2017 Appointed· Director
  • Laurent Allary
    Director
    State Gazette act 17079658 (07-06-2017)
    Former
    07-06-2017 → 15-12-2017
    2 events
    • 15-12-2017 Resigned· Director
    • 07-06-2017 Appointed· Director
  • Leon Norman Morse III
    Director
    State Gazette act 17079658 (07-06-2017)
    Former
    07-06-2017 → 15-12-2017
    2 events
    • 15-12-2017 Resigned· Director
    • 07-06-2017 Appointed· Director
  • Ayman Mhanna
    Director
    State Gazette act 16014881 (27-01-2016)
    Former
    01-01-2016 → 28-02-2017
    2 events
    • 28-02-2017 Resigned· Director
    • 01-01-2016 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Activiteiten van beroepsorganisaties(94120)
Legal form Int'l non-profit association(125)
Incorporation06-07-2011
StatusActive
Postal code1040

Structure & network

Connections & network

6 connected companies
AFFINITY PETCARE BELGIUM, Shared address · open bankruptcy APAFFINITYPETCARE …LGIUMBesins Manufacturing Belgium, Shared address BMBesinsManufact…lgiumCLIMATE POSITIVE EUROPE ALLIANCE, Shared address CPCLIMATEPOSITIVE…IANCEGAZELEY BELGIUM, Shared address GBGAZELEYBELGIUMISPIRA BENELUX, Shared address IBISPIRA BENELUXNetapp Belgium, Shared address NBNetapp BelgiumGLOBAL FORUM FORMEDIA DEVELOPMENT GLOBAL FORUMFORMEDI…MENT0837.611.925
Shared address / shareholderOpen bankruptcy
Network connections
GAZELEY BELGIUM
Shared address
ISPIRA BENELUX
Shared address
Netapp Belgium
Shared address
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
163 companies at this address See who is registered here

Establishment units

1 location
GLOBAL FORUM FORMEDIA DEVELOPMENT
Robert Schumanplein 6, 1040 BrusselActiviteiten van beroepsorganisaties
since 20112.200.881.401
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,740 m²
Buildings1
Building footprint1,742 m²
Volume (LiDAR)36,451 m³
Tallest building34.0 m · ±9 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21806F0369/00H002 Brussels 1,740 m² 1 · 1,742 m² 34.0 m · 9 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

1 verified act

What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.

2026
27-03-2026 Resignations & appointments
7 facts
  • Board meeting , 20/11/2025
  • Director resignation, Zoé Titus (présidente)
  • Director appointment, Rawan AlDamen (présidente)
  • Director resignation, Jan Lublinski (vice président)
  • Director appointment, Laxman Datt Pant (vice président)
  • Director resignation, Ruth Kronenburg (trésorière)
+1 further fact

Analysis

Snowflake analysis

financial profile on 5 axes
Health68Profitability95Solvency44Growth52Stability100
72 / 100

Strong profile, led by stability.

Health 68
Profitability 95
Solvency 44
Growth 52
Stability 100

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Beroepsorganisaties94120Activiteiten van beroepsorganisaties94120
Primary activity highlighted.
Names & trade names
Legal nameFR GLOBAL FORUM FORMEDIA DEVELOPMENT
AbbreviationFR GMFD
Registered office
Robert Schumanplein 6 bus 5
1040 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.