ACTIVE

FORMEX VASTGOED

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Financial year 2025 · Closed on 30/09/2025

Net result159,3 k €+189,6 %over 1 year

Gross margin246 k €+109,9 %over 1 year

Equity990,4 k €-0,1 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

FORMEX VASTGOED is a Public limited company incorporated in 1973. Its main activity is: Painting and glazing. Its registered office is in Wuustwezel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0412.983.933
Incorporation: 01/01/1973
Legal form: Public limited company
Registered office: Wuustwezelseweg 95
2990 Wuustwezel · FlandreSee on map
Contributed capital: 125 000,00 €
Latest accounts: 30/09/2025
Average workforce: 0,0 ETP

Activities (NACE)

43343Painting and glazing· main 43343Painting and glazing 45442Sale, maintenance and repair of motorcycles and related parts and accessories 43320Joinery installation 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories+4

Joint committees (4)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	246 k €	+110%	117,2 k €	+225%	36 k €	-80.2%	181,7 k €	+58.5%	114,6 k €
EBITDA	223,5 k €	+169%	82,9 k €	+463%	14,7 k €	-90.8%	160,7 k €	+118%	73,9 k €
Operating result	210,5 k €	+198%	70,6 k €	+3488%	2 k €	-98.7%	148,7 k €	+77.6%	83,7 k €
Net result	159,3 k €	+190%	55 k €	+4338%	1,2 k €	-99.0%	118,9 k €	+88.8%	63 k €
Balance sheet
Equity	990,4 k €	-0.1%	991,1 k €	-12.8%	1,1 M €	+0.1%	1,1 M €	+1.7%	1,1 M €
Total assets	1,2 M €	-3.0%	1,3 M €	+10.7%	1,1 M €	-8.8%	1,3 M €	-7.0%	1,3 M €
Cash	82,7 k €	+705%	10,3 k €	+202%	3,4 k €	-65.7%	9,9 k €	+107%	4,8 k €
Debts	213,7 k €	-14.7%	250,3 k €	+15142%	1,6 k €	-98.6%	114,5 k €	-49.7%	227,6 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
VORNEX1021.866.690Represented by Kristel Vorsselmans	Director10/03/2026 → 09/03/2032
COMAVOR0463.701.372Represented by Kristel Vorsselmans	Director25/11/2020 → 30/03/2027
MAVOR0866.269.485Represented by Mark Vorsselmans	Managing director30/03/2021 → 30/03/2027Chairman of the board of directors25/11/2020 → 2020 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anna Maria Mols	Managing directorlisted until the 2016 accounts
Tecinvest0457.406.468	Managing director25/09/2014 → 2016 accounts
Tom De Graef	Directorlisted until the 2016 accounts

Other companies at this address

Wuustwezelseweg 95 2990 Wuustwezel

Company	CBE no.
COMAVOR● Active	0463.701.372
H+V Gevelwerken● Active	0798.508.651
VORNEX● Active	1021.866.690
VORSSELMANS● Active	0415.527.907
Vorsselmans Groep● Active	0672.626.011
VORSSELMANS MONTAGEBEDRIJF● Active	0456.041.936
VORSSELMANS SOLAR● Active	0806.700.203

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/01/2021	01/01/2020
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	9 months	12 months
Filing date	03/04/2026	21/03/2025	12/03/2024	27/03/2023	12/04/2022	28/06/2021
General meeting	10/03/2026	11/03/2025	12/03/2024	14/03/2023	29/03/2022	12/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	10/03/2026	03/04/2026	Dutch	PDF
Abridged model	30/09/2024	11/03/2025	21/03/2025	Dutch	PDF
Abridged model	30/09/2023	12/03/2024	12/03/2024	Dutch	PDF
Abridged model	30/09/2022	14/03/2023	27/03/2023	Dutch	PDF
Abridged model	30/09/2021	29/03/2022	12/04/2022	Dutch	PDF
Abridged model	31/12/2020	12/06/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	04/05/2020	18/05/2020	Dutch	PDF
Abridged model	31/12/2018	08/06/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2017	09/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	08/07/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	21/06/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	23/08/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	11/07/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	18/08/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	29/10/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
VORNEX1021.866.690Represented by Kristel Vorsselmans	Director10/03/2026 → 09/03/2032
COMAVOR0463.701.372Represented by Kristel Vorsselmans	Director25/11/2020 → 30/03/2027
MAVOR0866.269.485Represented by Mark Vorsselmans	Managing director30/03/2021 → 30/03/2027Chairman of the board of directors25/11/2020 → 2020 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anna Maria Mols	Managing directorlisted until the 2016 accounts
Tecinvest0457.406.468	Managing director25/09/2014 → 2016 accounts
Tom De Graef	Directorlisted until the 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates11/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2017
Herbenoeming bestuur
PDF
Mandates24/11/2014
ontslag en benoeming
PDF
Mandates19/07/2010
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

VORNEX

COMAVOR

MAVOR

Tecinvest

Tom De Graef

Anna Maria Mols

Jan De Graef

Annemie Mols

De Graef Tom

197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029203020312032

FORMEX VASTGOED

Wuustwezelseweg 95, 2990 Wuustwezel

Director

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wuustwezelseweg 95, 2990 WuustwezelCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00072059

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FORMEX VASTGOEDCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00072059

Events

2025
Annual accounts 2025159,3 k €↑
2024
Annual accounts 202455 k €↑
2023
Annual accounts 20231,2 k €↓
2022
Annual accounts 2022118,9 k €↑
2021
Annual accounts 202163 k €↓
2018
Annual accounts 201897,7 k €↑
2017
Annual accounts 201723,5 k €↑
2016
Annual accounts 201621,7 k €↑
2015
Annual accounts 2015-30,3 k €↓
2014
Annual accounts 201463,5 k €↑
2013
Annual accounts 2013-6,4 k €↓
2012
Annual accounts 201259,5 k €↑
2011
Annual accounts 201141,1 k €↑
2010
Annual accounts 20109,5 k €↓
2009
Annual accounts 2009244,6 k €↑
2008
Annual accounts 200887 k €↑
2007
Annual accounts 20073,3 k €↑
2006
Annual accounts 2006-488,6 k €
01/01/1973
IncorporationPublic limited company

FORMEX VASTGOED

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events