ACTIVE

FORE

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Financial year 2024 · closed on 31/12/2024

Net result

55,2 k €

+31.2% YoY

Gross margin

1,6 M €

+5.0% YoY

Equity

559 k €

+10.9% YoY

Workforce

20,6 ETP

-1.0% YoY

What does FORE do?

FORE is a Public limited company incorporated in 1974. Its registered office is in Eeklo. It employs on average 20,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.308.180

Incorporation

20/06/1974

Legal form

Public limited company

Registered office

Ringlaan 11
9900 Eeklo · FlandreSee on map

Contributed capital

295 915,82 €

Latest accounts

31/12/2024

Average workforce

20,6 ETP

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,6 M €	+5.0%	1,5 M €	-3.4%	1,6 M €	+10.9%	1,4 M €	+22.6%	1,2 M €	-8.4%	1,3 M €	+1.3%	1,2 M €	-3.7%	1,3 M €	+1.9%	1,3 M €	-6.8%	1,4 M €	-9.9%	1,5 M €	+1.9%	1,5 M €	+5.7%	1,4 M €	+0.9%	1,4 M €	+11.2%	1,2 M €	+6.8%	1,2 M €	-9.7%	1,3 M €	+1.9%	1,3 M €	+3.9%	1,2 M €
EBITDA	218,5 k €	+9.3%	199,9 k €	+6.2%	188,3 k €	+10.3%	170,7 k €	+8.1%	158 k €	+52.8%	103,4 k €	-37.6%	165,6 k €	+32.9%	124,6 k €	-21.7%	159,1 k €	-13.6%	184,1 k €	-11.1%	207,1 k €	+17.2%	176,7 k €	+4.0%	169,9 k €	-12.8%	194,8 k €	+2.8%	189,4 k €	+8.9%	174 k €	-8.9%	191 k €	+5.0%	181,9 k €	-11.3%	204,9 k €
Operating result	134,8 k €	+9.8%	122,8 k €	+7.0%	114,7 k €	+11.8%	102,6 k €	+44.6%	71 k €	+147%	28,8 k €	-1.1%	29,1 k €	+192%	9,9 k €	-64.0%	27,6 k €	-34.4%	42,1 k €	-27.4%	58 k €	+29.4%	44,8 k €	+23.1%	36,4 k €	-45.6%	67 k €	-30.6%	96,5 k €	+18.0%	81,7 k €	+47.3%	55,5 k €	+100%	27,7 k €	-44.6%	50,1 k €
Net result	55,2 k €	+31.2%	42 k €	-35.0%	64,7 k €	+36.3%	47,5 k €	+137%	20,1 k €	+1109%	1,7 k €	+142%	-4 k €	-940%	475,5 €	-94.5%	8,7 k €	+57.9%	5,5 k €	+319%	1,3 k €	-56.7%	3 k €	-10.9%	3,4 k €	-84.7%	22,3 k €	-45.8%	41,1 k €	-36.0%	64,3 k €	+617%	9 k €	-74.3%	34,9 k €	+584%	5,1 k €
Balance sheet
Equity	559 k €	+10.9%	503,8 k €	+9.1%	461,8 k €	+15.1%	401,1 k €	+13.4%	353,6 k €	+6.0%	333,6 k €	+0.5%	331,9 k €	-1.2%	335,9 k €	+0.1%	335,4 k €	-21.2%	425,4 k €	+1.3%	419,9 k €	+0.3%	418,6 k €	-1.9%	426,6 k €	+0.3%	425,2 k €	+5.5%	402,9 k €	+11.4%	361,8 k €	+21.6%	297,5 k €	+3.1%	288,6 k €	+13.8%	253,6 k €
Total assets	2,1 M €	-3.7%	2,2 M €	-4.4%	2,3 M €	-9.1%	2,5 M €	-2.9%	2,6 M €	+11.8%	2,3 M €	-9.9%	2,6 M €	+4.2%	2,5 M €	+3.2%	2,4 M €	-8.7%	2,6 M €	+7.4%	2,4 M €	-2.8%	2,5 M €	-8.1%	2,7 M €	+3.6%	2,6 M €	+42.3%	1,9 M €	-3.7%	1,9 M €	-6.4%	2,1 M €	-3.6%	2,1 M €	+4.2%	2 M €
Cash	143,6 k €	+40.9%	101,9 k €	-4.5%	106,7 k €	+48.9%	71,7 k €	-69.8%	237,3 k €	+180%	84,9 k €	+51.5%	56 k €	-77.0%	243,3 k €	+127%	107,1 k €	-25.2%	143,1 k €	+154%	56,3 k €	+85.1%	30,4 k €	-74.5%	119 k €	-44.5%	214,4 k €	+102%	105,9 k €	+146%	43,1 k €	+281%	11,3 k €	-62.9%	30,5 k €	+96.4%	15,5 k €
Debts	1,5 M €	-7.8%	1,7 M €	-8.0%	1,8 M €	-13.8%	2,1 M €	-5.5%	2,2 M €	+12.8%	2 M €	-11.4%	2,2 M €	+5.0%	2,1 M €	+3.6%	2,1 M €	-6.3%	2,2 M €	+8.7%	2 M €	-3.4%	2,1 M €	-9.3%	2,3 M €	+4.3%	2,2 M €	+52.7%	1,4 M €	-7.2%	1,6 M €	-11.0%	1,8 M €	-4.8%	1,8 M €	+3.2%	1,8 M €
Other
Workforce	20,6 ETP	-1.0%	20,8 ETP	-12.6%	23,8 ETP	+8.7%	21,9 ETP	+5.8%	20,7 ETP	-4.6%	21,7 ETP	-1.4%	22,0 ETP	-6.8%	23,6 ETP	-0.4%	23,7 ETP	-6.0%	25,2 ETP	-4.2%	26,3 ETP	-4.4%	27,5 ETP	+2.2%	26,9 ETP	+1.1%	26,6 ETP	+9.9%	24,2 ETP	+6.1%	22,8 ETP	-12.6%	26,1 ETP	-3.3%	27,0 ETP	+1.9%	26,5 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 · 4 active · 24 ended

Active mandates

Hans FORE

Director · since 24 novembre 2023 · until 24 novembre 2029

Active

Hendrik FORE

Director · since 24 novembre 2023 · until 24 novembre 2029

Active

Ronny FORE

Director · since 24 novembre 2023 · until 24 novembre 2029

Active

Tony FORE

Managing director · since 24 novembre 2023 · until 24 novembre 2029

Active

Ended mandates

Hans FORE

Director · since 22 août 2022 · until 22 août 2028

Ended

Ronny FORE

Director · since 22 août 2022 · until 22 août 2028

Ended

Tony FORE

Managing director · since 22 août 2022 · until 22 août 2028

Ended

Hans FORE

Director · since 31 mai 2022 · until 31 mai 2028

Ended

At this address

Other companies at this address

Company	CBE no.
Foré Group● Active	0655.748.605
FORÉ INVEST● Active	0433.627.810

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	29/08/2025	30/08/2024	27/07/2023	26/08/2022	19/08/2021	19/08/2020
General meeting	15/08/2025	29/07/2024	30/06/2023	22/08/2022	26/07/2021	30/06/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	15/08/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	29/07/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	22/08/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	26/07/2021	19/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	19/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/08/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	14/09/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	01/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	02/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	19/06/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	04/06/2010	Dutch	PDF
Abridged model	31/12/2008	31/05/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	04/07/2007	Dutch	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 · 4 active · 24 ended

Active mandates

Hans FORE

Director · since 24 novembre 2023 · until 24 novembre 2029

Active

Hendrik FORE

Director · since 24 novembre 2023 · until 24 novembre 2029

Active

Ronny FORE

Director · since 24 novembre 2023 · until 24 novembre 2029

Active

Tony FORE

Managing director · since 24 novembre 2023 · until 24 novembre 2029

Active

Ended mandates

Hans FORE

Director · since 22 août 2022 · until 22 août 2028

Ended

Ronny FORE

Director · since 22 août 2022 · until 22 août 2028

Ended

Tony FORE

Managing director · since 22 août 2022 · until 22 août 2028

Ended

Hans FORE

Director · since 31 mai 2022 · until 31 mai 2028

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring23/08/2016
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/06/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares21/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares10/02/2012
KAPITAAL - AANDELEN
PDF
Mandates13/07/2009
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

2024
Annual accounts 202455,2 k €↑
2023
Annual accounts 202342 k €↓
2022
Annual accounts 202264,7 k €↑
2021
Annual accounts 202147,5 k €↑
2020
Annual accounts 202020,1 k €↑
2019
Annual accounts 20191,7 k €↑
2018
Annual accounts 2018-4 k €↓
2017
Annual accounts 2017475,5 €↓
2016
Annual accounts 20168,7 k €↑
2015
Annual accounts 20155,5 k €↑
2014
Annual accounts 20141,3 k €↓
2013
Annual accounts 20133 k €↓
2012
Annual accounts 20123,4 k €↓
2011
Annual accounts 201122,3 k €↓
2010
Annual accounts 201041,1 k €↓
2009
Annual accounts 200964,3 k €↑
2008
Annual accounts 20089 k €↓
2007
Annual accounts 200734,9 k €↑
2006
Annual accounts 20065,1 k €
20/06/1974
IncorporationPublic limited company

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

FORE

Overview

What does FORE do?

Trend over 19 financial years

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