ACTIVE

Forena

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result649,6 k €-31,5 %over 1 year

Revenue16,3 M €+15,4 %over 1 year

Equity20,1 M €+8,3 %over 1 year

Workforce708,7 ETP+25,5 %over 1 year

Identity

Source · BCE/KBO

Forena is a Non-profit organization incorporated in 1984. Its main activity is: Technical and vocational secondary education. Its registered office is in Menen. It employs on average 708,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0425.410.920
Incorporation: 01/03/1984
Legal form: Non-profit organization
Registered office: Industrielaan 32
8930 Menen · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 708,7 ETP

Activities (NACE)

85322Technical and vocational secondary education· main 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.

Joint committees (1)

32701

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	16,3 M €	+15.4%	14,1 M €	-8.0%	15,4 M €	+1.2%	15,2 M €	-2.3%	15,5 M €
EBITDA	2,3 M €	+5.3%	2,2 M €	-29.8%	3,1 M €	+26.1%	2,5 M €	-2.1%	2,5 M €
Operating result	632,6 k €	-26.2%	856,8 k €	-53.9%	1,9 M €	+43.7%	1,3 M €	-18.6%	1,6 M €
Net result	649,6 k €	-31.5%	948,7 k €	-52.2%	2 M €	+84.1%	1,1 M €	-31.2%	1,6 M €
Balance sheet
Equity	20,1 M €	+8.3%	18,6 M €	+6.0%	17,5 M €	+12.7%	15,6 M €	+7.4%	14,5 M €
Total assets	30,1 M €	+15.5%	26 M €	+2.9%	25,3 M €	+8.4%	23,3 M €	+1.6%	23 M €
Cash	4,4 M €	+2.1%	4,3 M €	+33.1%	3,3 M €	-18.0%	4 M €	-0.3%	4 M €
Debts	8,7 M €	+41.8%	6,1 M €	-5.1%	6,4 M €	-2.2%	6,6 M €	-10.9%	7,4 M €
Other
Workforce	708,7 ETP	+25.5%	564,6 ETP	+0.6%	561,1 ETP	-3.3%	580,1 ETP	-3.1%	598,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BP. biorg0816.607.663Represented by Wim Laporte	Director25/04/2022 → 25/04/2027
Lieve THEYS0537.267.855Represented by Lieve Theys	Director25/04/2022 → 25/04/2027
VERMEERSCH0479.417.154Represented by Stefaan Vermeersch	Director25/04/2022 → 25/04/2027
Luk Dombrecht	Director04/05/2021 → 25/04/2027
Marc Bonte	Director04/05/2021 → 25/04/2027
Frank Moerman	Director29/04/2019 → 25/04/2027
Heleen Deblaere	Director29/04/2019 → 25/04/2027
Serge Deboever	Director29/04/2019 → 25/04/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wim Laporte	Director04/05/2021 → 2021 accounts
Christian Provoost	Director29/04/2019 → 2020 accounts
dr Paul Lodewyck	Director29/04/2019 → 2020 accounts
Lieve Theys	Director29/04/2019 → 2021 accounts

Other companies at this address

Industrielaan 32 8930 Menen

Company	CBE no.
Platform Grensland Menen-Wervik● Active	0831.039.877

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/05/2026	28/05/2025	17/05/2024	15/05/2023	23/05/2022	27/05/2021
General meeting	27/04/2026	28/04/2025	22/04/2024	24/04/2023	25/04/2022	19/04/2021
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/04/2026	06/05/2026	Dutch	PDF
Full model	31/12/2024	28/04/2025	28/05/2025	Dutch	PDF
Full model	31/12/2023	22/04/2024	17/05/2024	Dutch	PDF
Full model	31/12/2022	24/04/2023	15/05/2023	Dutch	PDF
Full model	31/12/2021	25/04/2022	23/05/2022	Dutch	PDF
Full model	31/12/2020	19/04/2021	27/05/2021	Dutch	PDF
Full modelCorrection	31/12/2019	20/04/2020	05/02/2021	Dutch	PDF
Full model	31/12/2019	20/04/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	29/04/2019	06/06/2019	Dutch	PDF
Full model	31/12/2017	23/04/2018	23/05/2018	Dutch	PDF
Full model	31/12/2016	24/04/2017	07/06/2017	Dutch	PDF
Full model	31/12/2015	18/04/2016	24/05/2016	Dutch	PDF
Full model	31/12/2014	20/04/2015	29/05/2015	Dutch	PDF
Full model	31/12/2013	14/04/2014	13/05/2014	Dutch	PDF
Full modelCorrection	31/12/2012	15/04/2013	29/10/2013	Dutch	PDF
Full model	31/12/2012	15/04/2013	15/05/2013	Dutch	PDF
Full model	31/12/2011	16/04/2012	24/04/2012	Dutch	PDF
Full model	31/12/2010	09/05/2011	20/06/2011	Dutch	PDF
Full model	31/12/2009	12/04/2010	26/04/2010	Dutch	PDF
Full model	31/12/2008	16/04/2009	26/05/2009	Dutch	PDF
Full model	31/12/2007	17/04/2008	16/05/2008	Dutch	PDF
Full model	31/12/2006	19/04/2007	13/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025

8 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BP. biorg0816.607.663Represented by Wim Laporte	Director25/04/2022 → 25/04/2027
Lieve THEYS0537.267.855Represented by Lieve Theys	Director25/04/2022 → 25/04/2027
VERMEERSCH0479.417.154Represented by Stefaan Vermeersch	Director25/04/2022 → 25/04/2027
Luk Dombrecht	Director04/05/2021 → 25/04/2027
Marc Bonte	Director04/05/2021 → 25/04/2027
Frank Moerman	Director29/04/2019 → 25/04/2027
Heleen Deblaere	Director29/04/2019 → 25/04/2027
Serge Deboever	Director29/04/2019 → 25/04/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Wim Laporte	Director04/05/2021 → 2021 accounts
Christian Provoost	Director29/04/2019 → 2020 accounts
dr Paul Lodewyck	Director29/04/2019 → 2020 accounts
Lieve Theys	Director29/04/2019 → 2021 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other14/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other17/01/2025
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other11/06/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other04/02/2020
BENAMING - 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

Filings17 filings

Mandates

VERMEERSCH

Lieve THEYS

BP. biorg

Luk Dombrecht

Marc Bonte

Serge Deboever

Frank Moerman

Heleen Deblaere

Wim Laporte

Steven Deruwe

dr Paul Lodewyck

Lieve Theys

Show the 9 other mandates

19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027

Forena't VEER vzw

Industrielaan 32, 8930 Menen

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Industrielaan 32, 8930 MenenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00103871

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ForenaCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00103871
't VEER vzw	accounts 2021 → 2023	Accounts 2023 · 2024-00089671

Events

2025
Annual accounts 2025649,6 k €↓
2024
Annual accounts 2024948,7 k €↓
2024
Name changeForena
2023
Annual accounts 20232 M €↑
2022
Annual accounts 20221,1 M €↓
2021
Annual accounts 20211,6 M €↑
2020
Annual accounts 20201,6 M €↑
2019
Annual accounts 20191,2 M €↑
2018
Annual accounts 2018970,2 k €↑
2017
Annual accounts 2017765,6 k €↑
2016
Annual accounts 2016537 k €↑
2015
Annual accounts 2015345,6 k €↓
2014
Annual accounts 2014489,9 k €↑
2013
Annual accounts 2013-171 k €↓
2012
Annual accounts 2012288,3 k €↑
2011
Annual accounts 2011166,2 k €↓
2010
Annual accounts 2010281,3 k €↓
2009
Annual accounts 2009285,6 k €
01/03/1984
IncorporationNon-profit organization

Forena

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