ACTIVE

FORMA

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Financial year 2024 · closed on 31/12/2024

Net result

821,6 k €

+608.0% YoY

Gross margin

1,4 M €

+11491.9% YoY

Equity

924,8 k €

+795.9% YoY

What does FORMA do?

FORMA is a Private limited company incorporated in 1987. Its registered office is in Leuven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0430.728.104

Incorporation

20/03/1987

Legal form

Private limited company

Registered office

Quinten Metsysplein 12/001
3000 Leuven · FlandreSee on map

Contributed capital

295 885,00 €

Latest accounts

31/12/2024

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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	1,4 M €	+11492%	-12 k €	-1190%	1,1 k €	-96.8%	34,7 k €	+481%	-9,1 k €	+2.4%	-9,3 k €	+35.0%	-14,4 k €	+7.4%	-15,5 k €	-144%	35,1 k €	-70.8%	119,9 k €	+161%	45,9 k €	-10.1%	51 k €	+13.8%	44,8 k €	-2.0%	45,7 k €	-25.3%	61,2 k €	+28.2%	47,7 k €	+44.7%	33 k €	+82.0%	18,1 k €	-43.6%	32,2 k €
EBITDA	1,3 M €	+6850%	-20 k €	+70.6%	-67,8 k €	-315%	31,5 k €	+338%	-13,2 k €	-3.5%	-12,8 k €	+27.9%	-17,7 k €	+8.4%	-19,3 k €	-160%	31,9 k €	-72.6%	116,6 k €	+173%	42,7 k €	-7.7%	46,2 k €	+11.6%	41,4 k €	-2.5%	42,5 k €	-16.4%	50,8 k €	+13.8%	44,7 k €	+46.8%	30,4 k €	+97.4%	15,4 k €	-45.1%	28,1 k €
Operating result	1,3 M €	+1547%	-87,2 k €	-6.8%	-81,6 k €	-433%	24,5 k €	+215%	-21,3 k €	-2.4%	-20,8 k €	+20.5%	-26,2 k €	+34.1%	-39,8 k €	-467%	10,8 k €	-88.6%	95 k €	+317%	22,8 k €	-15.0%	26,8 k €	-18.0%	32,6 k €	-2.9%	33,6 k €	-20.5%	42,3 k €	+16.1%	36,4 k €	+77.4%	20,5 k €	+198%	6,9 k €	-63.9%	19,1 k €
Net result	821,6 k €	+608%	-161,7 k €	-98.0%	-81,7 k €	-439%	24,1 k €	+213%	-21,2 k €	-8.9%	-19,5 k €	+19.0%	-24,1 k €	+34.5%	-36,7 k €	-590%	7,5 k €	-86.6%	56 k €	+561%	8,5 k €	-45.7%	15,6 k €	-34.8%	23,9 k €	+1.2%	23,6 k €	-19.1%	29,2 k €	+7.8%	27,1 k €	+45.2%	18,7 k €	+138%	7,8 k €	-34.6%	12 k €
Balance sheet
Equity	924,8 k €	+796%	103,2 k €	-61.0%	265 k €	-23.6%	346,7 k €	+7.5%	322,6 k €	-6.2%	343,8 k €	-5.4%	363,3 k €	-25.5%	487,4 k €	-7.0%	524,1 k €	+1.4%	516,6 k €	+12.2%	460,6 k €	+1.9%	452,1 k €	-4.5%	473,3 k €	+5.3%	449,4 k €	+5.6%	425,8 k €	+7.4%	396,5 k €	+7.3%	369,4 k €	+5.3%	350,8 k €	+2.3%	342,9 k €
Total assets	5,5 M €	+32.5%	4,2 M €	+166%	1,6 M €	+351%	347,1 k €	-38.2%	561,7 k €	-44.6%	1 M €	+7.6%	942 k €	+65.5%	569,1 k €	-10.9%	638,6 k €	-44.6%	1,2 M €	+11.7%	1 M €	-18.7%	1,3 M €	+59.8%	793,6 k €	+23.8%	640,8 k €	-2.3%	656 k €	+15.7%	566,9 k €	-5.5%	599,6 k €	+5.8%	566,8 k €	-15.9%	673,9 k €
Cash	169,2 k €	-67.3%	517,8 k €	+123%	232,1 k €	-0.8%	234,1 k €	+8.9%	214,9 k €	+1777%	11,4 k €	-71.9%	40,7 k €	-53.2%	87,1 k €	-50.8%	176,9 k €	+272%	47,5 k €	+1874%	2,4 k €	-58.9%	5,9 k €	-35.9%	9,1 k €	+1341%	633,8 €	-94.2%	11 k €	-84.0%	68,6 k €	+7250%	933,2 €	+212%	299,6 €	-99.4%	54 k €
Debts	4,3 M €	+5.3%	4,1 M €	+212%	1,3 M €	+288110%	451,7 €	-99.8%	237,4 k €	-64.5%	669,4 k €	+15.7%	578,6 k €	+608%	81,8 k €	-28.6%	114,5 k €	-82.0%	635,8 k €	+11.3%	571 k €	-30.1%	816,4 k €	+155%	320,3 k €	+67.5%	191,2 k €	-16.5%	229,2 k €	+36.2%	168,3 k €	-21.4%	214,2 k €	-0.9%	216,1 k €	-34.7%	330,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 12 ended

Active mandates

STUDENTCOMFORT

Director · since 01 janvier 2025 · 0448.898.083

Represented by Kourosh Javedani

Active

Ended mandates

Kourosh Javedani

Director · since 14 janvier 2022

Ended

Frederik Wildemeersch

Director · since 30 mai 2006 · until 29 mai 2009

Ended

Anne-Marie Vanneuville

Director · since 01 juillet 2005 · until 29 mai 2009

Ended

Roland Wildemeersch

Managing director · since 30 mai 2003 · until 29 mai 2009

Ended

At this address

Other companies at this address

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Immo Wooncomfort● Active	0438.789.594
REAL INVESTMENT● Active	0650.888.905
Residentie Martino● Active	0871.448.889

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	14/08/2025	30/09/2024	28/08/2023	05/07/2022	24/08/2021	29/06/2020
General meeting	27/06/2025	30/06/2024	30/06/2023	24/06/2022	25/06/2021	26/06/2020
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
Micro model	31/12/2024	27/06/2025	14/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/09/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/08/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	05/07/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	24/08/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	04/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	08/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	14/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	18/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 12 ended

Active mandates

STUDENTCOMFORT

Director · since 01 janvier 2025 · 0448.898.083

Represented by Kourosh Javedani

Active

Ended mandates

Kourosh Javedani

Director · since 14 janvier 2022

Ended

Frederik Wildemeersch

Director · since 30 mai 2006 · until 29 mai 2009

Ended

Anne-Marie Vanneuville

Director · since 01 juillet 2005 · until 29 mai 2009

Ended

Roland Wildemeersch

Managing director · since 30 mai 2003 · until 29 mai 2009

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/04/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2022
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/09/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares13/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/04/2009
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares28/04/2006
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Mandates29/08/2005
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2024821,6 k €↑
2023
Annual accounts 2023-161,7 k €↓
2022
Annual accounts 2022-81,7 k €↓
2021
Annual accounts 202124,1 k €↑
2020
Annual accounts 2020-21,2 k €↓
2019
Annual accounts 2019-19,5 k €↑
2018
Annual accounts 2018-24,1 k €↑
2017
Annual accounts 2017-36,7 k €↓
2016
Annual accounts 20167,5 k €↓
2015
Annual accounts 201556 k €↑
2014
Annual accounts 20148,5 k €↓
2013
Annual accounts 201315,6 k €↓
2012
Annual accounts 201223,9 k €↑
2011
Annual accounts 201123,6 k €↓
2010
Annual accounts 201029,2 k €↑
2009
Annual accounts 200927,1 k €↑
2008
Annual accounts 200818,7 k €↑
2007
Annual accounts 20077,8 k €↓
2006
Annual accounts 200612 k €
20/03/1987
IncorporationPrivate 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

FORMA

Overview

What does FORMA 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