ACTIVE

FORESCO REAL ESTATE DEVELOPMENT

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Financial year 2025 · closed on 31/12/2025
Net result
24,0 k €
+229.5% YoY
Gross margin
4,5 k €
+139.5% YoY
Equity
153,3 k €
+18.6% YoY

What does FORESCO REAL ESTATE DEVELOPMENT do?

FORESCO REAL ESTATE DEVELOPMENT is a Public limited company incorporated in 1968. Its main activity is: Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms. Its registered office is in Brasschaat.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0404.640.646
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Bredabaan 569
2930 Brasschaat · FlandreSee on map
Contributed capital
3 005 677,16 €
Latest accounts
31/12/2025
Activities (NACE)
20101Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms· main41101Development of building projects68121Buying and selling of own real estate16100Sawmilling and planing of wood16110Sawmilling and planing of wood46732Wholesale of wood, construction materials and sanitary equipment+2
Joint committees (2)
  • 12503
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200820072006
Income statement
Gross margin4,5 k €-11,3 k €37,2 k €33,5 k €17,6 k €122,2 k €34,2 k €-4,7 k €22,3 k €60,3 k €46,8 k €4,1 k €89,4 k €40,6 k €101,9 k €53,9 k €–––
EBITDA2,6 k €-13,1 k €28,5 k €22,4 k €-31,1 k €120,5 k €51,6 k €-98,2 k €-26,0 k €16,3 k €-89,3 k €-17,6 k €164,6 k €51,2 k €72,4 k €44,4 k €29,8 k €187,5 k €191,9 k €
Operating result-5,1 k €-18,2 k €23,0 k €18,7 k €-34,9 k €99,7 k €-248,2 k €-119,2 k €-47,0 k €-4,6 k €-112,8 k €-66,8 k €155,8 k €42,5 k €61,8 k €33,6 k €-30,2 k €134,5 k €102,9 k €
Net result24,0 k €-18,5 k €22,2 k €17,3 k €-36,3 k €98,2 k €-253,4 k €-123,2 k €-43,7 k €5,5 k €93,1 k €-73,0 k €1,2 M €-173,8 k €36,2 k €18,0 k €341,2 k €-3,0 M €1,9 M €
Balance sheet
Equity153,3 k €129,3 k €147,8 k €125,6 k €108,3 k €144,6 k €46,4 k €299,9 k €423,1 k €466,8 k €461,3 k €368,2 k €441,3 k €452,9 k €714,7 k €678,6 k €2,0 M €2,4 M €4,6 M €
Total assets232,6 k €277,6 k €220,9 k €350,2 k €460,9 k €718,7 k €411,0 k €713,3 k €796,5 k €817,6 k €794,5 k €572,4 k €498,9 k €1,5 M €1,8 M €1,8 M €4,6 M €5,7 M €7,7 M €
Cash3,2 k €5,2 k €10,5 k €61,8 k €66,0 k €32,6 k €143,9 k €137,2 k €151,2 k €184,8 k €76,4 k €38,8 k €156,4 k €83,7 k €74,8 k €87,8 k €4,3 k €1,9 k €13,2 k €
Debts79,0 k €148,4 k €72,2 k €223,3 k €302,3 k €572,0 k €364,6 k €239,9 k €228,4 k €205,6 k €187,7 k €193,9 k €44,9 k €971,5 k €921,8 k €964,2 k €2,4 M €3,1 M €2,9 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

JYV FINANCE

Director · since 06 juin 2017 · 0555.666.379

Represented by Jean Yves De Vel

Active
Ann Clemens

Director · since 07 juin 2010

Active
Frédéric De Vel

Managing director

Active

Ended mandates

Frédéric De Vel

Managing director · since 06 juin 2017 · until 05 juin 2023

Ended
JYV FINANCE

Director · since 06 juin 2017 · until 05 juin 2023 · 0555.666.379

Represented by Jean Yves De Vel

Ended
Frédéric De Vel

Managing director · since 07 juin 2011 · until 05 juin 2017

Ended
TREXCO

Director · since 06 juin 2011 · until 05 juin 2017 · 0453.805.491

Represented by Frédéric De Vel

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202630/06/202509/08/202425/08/202329/08/202209/08/2021
General meeting01/06/202602/06/202503/06/202405/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202630/08/2026DutchPDF
Micro model31/12/202402/06/202530/06/2025DutchPDF
Micro model31/12/202303/06/202409/08/2024DutchPDF
Micro model31/12/202205/06/202325/08/2023DutchPDF
Micro model31/12/202107/06/202229/08/2022DutchPDF
Micro model31/12/202007/06/202109/08/2021DutchPDF
Micro model31/12/201902/06/202003/08/2020DutchPDF
Micro model31/12/201803/06/201928/06/2019DutchPDF
Micro model31/12/201704/06/201830/08/2018DutchPDF
Micro model31/12/201606/06/201727/08/2017DutchPDF
Abridged model31/12/201506/06/201631/08/2016DutchPDF
Abridged model31/12/201401/06/201520/08/2015DutchPDF
Abridged model31/12/201316/06/201402/07/2014DutchPDF
Abridged model31/12/201224/06/201328/08/2013DutchPDF
Abridged model31/12/201104/06/201230/07/2012DutchPDF
Abridged model31/12/201006/06/201116/06/2011DutchPDF
Full model31/12/200907/06/201025/06/2010DutchPDF
Full model31/12/200802/06/200918/06/2009DutchPDF
Full model31/12/200705/06/200826/06/2008DutchPDF
Full model31/12/200607/06/200727/07/2007DutchPDF
m120-f-p31/12/200601/01/999904/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

JYV FINANCE

Director · since 06 juin 2017 · 0555.666.379

Represented by Jean Yves De Vel

Active
Ann Clemens

Director · since 07 juin 2010

Active
Frédéric De Vel

Managing director

Active

Ended mandates

Frédéric De Vel

Managing director · since 06 juin 2017 · until 05 juin 2023

Ended
JYV FINANCE

Director · since 06 juin 2017 · until 05 juin 2023 · 0555.666.379

Represented by Jean Yves De Vel

Ended
Frédéric De Vel

Managing director · since 07 juin 2011 · until 05 juin 2017

Ended
TREXCO

Director · since 06 juin 2011 · until 05 juin 2017 · 0453.805.491

Represented by Frédéric De Vel

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office16/12/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2016
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/09/2012
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/01/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/08/2006
    KAPITAAL - AANDELEN
    PDF
  • Mandates08/06/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202524,0 k €↑
  2. 2024
    Annual accounts 2024-18,5 k €↓
  3. 2023
    Annual accounts 202322,2 k €↑
  4. 2022
    Annual accounts 202217,3 k €↑
  5. 2021
    Annual accounts 2021-36,3 k €↓
  6. 2021
    Name changeFORESCO RED
  7. 2020
    Annual accounts 202098,2 k €↑
  8. 2019
    Annual accounts 2019-253,4 k €↓
  9. 2018
    Annual accounts 2018-123,2 k €↓
  10. 2017
    Annual accounts 2017-43,7 k €↓
  11. 2016
    Annual accounts 20165,5 k €↓
  12. 2015
    Annual accounts 201593,1 k €↑
  13. 2014
    Annual accounts 2014-73,0 k €↓
  14. 2013
    Annual accounts 20131,2 M €↑
  15. 2012
    Annual accounts 2012-173,8 k €↓
  16. 2012
    Name changeFORESCO REAL ESTATE DEVELOPMENT
  17. 2011
    Annual accounts 201136,2 k €↑
  18. 2010
    Annual accounts 201018,0 k €↓
  19. 2008
    Annual accounts 2008341,2 k €↑
  20. 2007
    Annual accounts 2007-3,0 M €↓
  21. 2006
    Annual accounts 20061,9 M €
  22. 2006
    Name changeForesco
  23. 01/01/1968
    IncorporationPublic limited company