ACTIVE

Forma'Rive

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

56,3 k €

+676.2% YoY

Revenue

23,3 k €

+100.4% YoY

Equity

1,5 M €

+3.0% YoY

Workforce

47,0 ETP

+161.1% YoY

What does Forma'Rive do?

Forma'Rive is a Non-profit organization incorporated in 1955. Its main activity is: Security and investigation activities. Its registered office is in Floreffe. It employs on average 47,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0407.753.455

Incorporation

15/06/1955

Legal form

Non-profit organization

Registered office

Rue Riverre 14b
5150 Floreffe · WallonieSee on map

Latest accounts

31/12/2024

Average workforce

47,0 ETP

Activities (NACE)

80421Security and investigation activities· main 85592Other education n.e.c.85592Other education n.e.c.

Joint committees (1)

32902

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Revenue	23,3 k €	+100%	11,6 k €	-52.5%	24,5 k €	+29.9%	18,9 k €	-8.8%	20,7 k €	-38.1%	33,4 k €	+8.5%	30,8 k €	-30.4%	44,2 k €	+17.9%	37,5 k €	-50.8%	76,1 k €	+88.5%	40,4 k €	-20.8%	50,9 k €
EBITDA	214,8 k €	+72.5%	124,5 k €	+46.8%	84,8 k €	+58.8%	53,4 k €	-65.3%	153,8 k €	+22.5%	125,5 k €	-4.5%	131,5 k €	+54.0%	85,4 k €	-36.1%	133,5 k €	+125%	59,3 k €	+1110%	4,9 k €	-80.1%	24,7 k €
Operating result	39,5 k €	+330%	-17,2 k €	+64.0%	-47,8 k €	+37.3%	-76,2 k €	-601%	15,2 k €	+208%	-14,1 k €	-113%	-6,6 k €	+84.4%	-42,5 k €	-264%	26 k €	-27.6%	35,9 k €	+323%	-16,1 k €	-591%	3,3 k €
Net result	56,3 k €	+676%	-9,8 k €	+74.0%	-37,5 k €	+44.9%	-68 k €	-219%	57,3 k €	+1703%	-3,6 k €	-114%	26,4 k €	+186%	-30,7 k €	-103%	955,4 k €	+1580%	56,9 k €	+484%	-14,8 k €	-155%	27,1 k €
Balance sheet
Equity	1,5 M €	+3.0%	1,5 M €	+5.8%	1,4 M €	-1.2%	1,4 M €	-5.2%	1,5 M €	+2.4%	1,5 M €	-1.1%	1,5 M €	+1.5%	1,5 M €	-2.2%	1,5 M €	+241%	438,5 k €	+13.9%	384,9 k €	-4.8%	404,2 k €
Total assets	2,7 M €	+11.2%	2,4 M €	+10.5%	2,2 M €	+1.4%	2,1 M €	-4.2%	2,2 M €	+0.2%	2,2 M €	-2.0%	2,3 M €	+1.5%	2,2 M €	-22.7%	2,9 M €	+305%	712,2 k €	-19.3%	883 k €	-0.6%	888,4 k €
Cash	653,8 k €	-7.4%	706,3 k €	+33.5%	529 k €	+29.0%	410 k €	-0.7%	412,7 k €	+36.0%	303,4 k €	-5.2%	319,9 k €	+0.3%	319 k €	-74.5%	1,3 M €	+178%	451,4 k €	-16.3%	539,2 k €	-2.0%	549,9 k €
Debts	1,1 M €	+25.0%	895,6 k €	+19.5%	749,7 k €	+6.5%	704,1 k €	-2.2%	719,9 k €	-4.1%	750,7 k €	-3.7%	779,9 k €	+1.4%	769,2 k €	-44.5%	1,4 M €	+437%	258 k €	-45.0%	469 k €	-2.9%	483,1 k €
Other
Workforce	47,0 ETP	+161%	18,0 ETP	+12.5%	16,0 ETP		–		–		15,0 ETP	0.0%	15,0 ETP	0.0%	15,0 ETP	-70.0%	50,0 ETP	-2.0%	51,0 ETP	-1.9%	52,0 ETP	+18.2%	44,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 8 active · 20 ended

Active mandates

Christian DELORY

Mandate

Active

Colette NIGOT

Mandate

Active

François GUERET

Mandate

Active

Françoise PIRE

Mandate

Active

Jean-Benoît CUVELLIER

Mandate

Active

Jean-Luc DE BAST

Mandate

Active

Renée PONCELET

Mandate

Active

Yolande REGNIER

Mandate

Active

Ended mandates

Michel LENOBLE

Director · since 27 avril 2015 · until 26 avril 2021

Ended

Colette NIGOT

Director · since 26 mars 2015 · until 25 mars 2021

Ended

Renée PONCELET

Director · since 26 mars 2015 · until 25 mars 2021

Ended

Pierre MEURIS

Director · since 14 mai 2013 · until 13 mai 2019

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2025	17/04/2024	11/09/2023	18/05/2022	14/09/2021	27/01/2021
General meeting	28/03/2025	29/03/2024	04/04/2023	24/03/2022	19/04/2021	26/05/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	28/03/2025	17/07/2025	French	PDF
Full model	31/12/2023	29/03/2024	17/04/2024	French	PDF
Full model	31/12/2022	04/04/2023	11/09/2023	French	PDF
Micro model	31/12/2021	24/03/2022	18/05/2022	French	PDF
Micro model	31/12/2020	19/04/2021	14/09/2021	French	PDF
Abridged model	31/12/2019	26/05/2020	27/01/2021	French	PDF
Abridged model	31/12/2018	19/03/2019	11/04/2019	French	PDF
Abridged model	31/12/2017	20/03/2018	20/04/2018	French	PDF
Abridged model	31/12/2016	25/04/2017	12/09/2017	French	PDF
Abridged modelCorrection	31/12/2015	11/04/2016	19/04/2017	French	PDF
Abridged model	31/12/2015	11/04/2016	05/07/2016	French	PDF
Abridged model	31/12/2014	26/03/2015	04/12/2015	French	PDF
Full model	31/12/2013	18/03/2014	09/09/2014	French	PDF
m140-f-p	31/12/2012	18/03/2013	21/11/2013	French	PDF
m140-f-p	31/12/2011	26/03/2012	17/04/2012	French	PDF
m140-f-p	31/12/2010	28/03/2011	09/12/2011	Dutch	PDF
m140-f-p	31/12/2009	25/05/2010	18/08/2010	French	PDF
m140-f-p	31/12/2008	27/04/2009	22/10/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2024 · 8 active · 20 ended

Active mandates

Christian DELORY

Mandate

Active

Colette NIGOT

Mandate

Active

François GUERET

Mandate

Active

Françoise PIRE

Mandate

Active

Jean-Benoît CUVELLIER

Mandate

Active

Jean-Luc DE BAST

Mandate

Active

Renée PONCELET

Mandate

Active

Yolande REGNIER

Mandate

Active

Ended mandates

Michel LENOBLE

Director · since 27 avril 2015 · until 26 avril 2021

Ended

Colette NIGOT

Director · since 26 mars 2015 · until 25 mars 2021

Ended

Renée PONCELET

Director · since 26 mars 2015 · until 25 mars 2021

Ended

Pierre MEURIS

Director · since 14 mai 2013 · until 13 mai 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates11/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates12/10/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates30/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates15/01/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates27/10/2016
DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates14/07/2015
DEMISSIONS, NOMINATIONS
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

2024
Annual accounts 202456,3 k €↑
2023
Annual accounts 2023-9,8 k €↑
2022
Annual accounts 2022-37,5 k €↑
2021
Annual accounts 2021-68 k €↓
2020
Annual accounts 202057,3 k €↑
2019
Annual accounts 2019-3,6 k €↓
2018
Annual accounts 201826,4 k €↑
2017
Annual accounts 2017-30,7 k €↓
2016
Annual accounts 2016955,4 k €↑
2015
Annual accounts 201556,9 k €↑
2015
Name changeForma'Rive
2014
Annual accounts 2014-14,8 k €↓
2013
Annual accounts 201327,1 k €
2013
Name changeLA MAISON DE GERONSART - CENTRE DE FORMATION PROFESSIONNELLE DE JAMBES
15/06/1955
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Forma'Rive

Overview

What does Forma'Rive do?

Trend over 12 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline