ACTIVE

FORRIM

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Financial year 2024 · closed on 31/12/2024

Net result

99,4 k €

+981.9% YoY

Revenue

5,4 M €

+15.2% YoY

Equity

575,3 k €

+20.9% YoY

Workforce

12,1 ETP

-19.3% YoY

What does FORRIM do?

FORRIM is a Private limited company incorporated in 1987. Its registered office is in Ieper. It employs on average 12,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0432.917.829

Incorporation

23/12/1987

Legal form

Private limited company

Registered office

Rozendaalstraat 20
8900 Ieper · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2024

Average workforce

12,1 ETP

Joint committees (3)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	5,4 M €	+15.2%	4,7 M €	-17.2%	5,6 M €	+0.8%	5,6 M €		–		–		4,3 M €	+19.0%	3,6 M €	+15.3%	3,1 M €	+7.3%	2,9 M €	+27.1%	2,3 M €	-24.4%	3 M €	+7.3%	2,8 M €	-6.7%	3 M €	-20.6%	3,8 M €	+33.5%	2,9 M €
EBITDA	250,2 k €	+22.4%	204,4 k €	+14.8%	178 k €	+21.6%	146,3 k €	-0.3%	146,8 k €	+9.1%	134,6 k €	-14.3%	157,1 k €	-13.4%	181,5 k €	-25.2%	242,6 k €	+99.9%	121,4 k €	+5.8%	114,8 k €	-26.0%	155,2 k €	+4.3%	148,8 k €	-9.5%	164,3 k €	-11.9%	186,6 k €	+40.7%	132,6 k €
Operating result	143,9 k €	+213%	46 k €	+40.3%	32,8 k €	+185%	11,5 k €	+340%	2,6 k €	-84.6%	17 k €	-11.2%	19,1 k €	-23.5%	25 k €	-17.5%	30,2 k €	+682%	-5,2 k €	-134%	15,4 k €	-50.3%	30,9 k €	-20.6%	38,9 k €	+31.3%	29,6 k €	-20.4%	37,2 k €	+541%	-8,4 k €
Net result	99,4 k €	+982%	9,2 k €	-25.6%	12,3 k €	+23.3%	10 k €	+3057%	-338,6 €	-103%	13,3 k €	-12.4%	15,2 k €	+7.9%	14,1 k €	-9.9%	15,6 k €	+190%	5,4 k €	-78.6%	25,2 k €	-14.5%	29,5 k €	-0.8%	29,8 k €	+112%	14 k €	-44.0%	25,1 k €	+584%	-5,2 k €
Balance sheet
Equity	575,3 k €	+20.9%	475,9 k €	+2.0%	466,8 k €	+0.5%	464,4 k €	+9.2%	425,3 k €	-0.1%	425,6 k €	+3.0%	413,2 k €	+3.8%	398,1 k €	+3.7%	384 k €	+4.2%	368,4 k €	+1.5%	363 k €	+7.5%	337,7 k €	+9.6%	308,2 k €	+10.7%	278,4 k €	+5.3%	264,4 k €	+10.5%	239,3 k €
Total assets	1,8 M €	-17.0%	2,1 M €	+17.0%	1,8 M €	-1.0%	1,8 M €	+10.0%	1,7 M €	+3.9%	1,6 M €	+11.4%	1,4 M €	-13.9%	1,7 M €	+33.0%	1,3 M €	-16.0%	1,5 M €	+38.5%	1,1 M €	-24.1%	1,4 M €	-1.8%	1,5 M €	+9.7%	1,3 M €	+6.3%	1,2 M €	+27.9%	974,6 k €
Cash	27,9 k €	-68.4%	88,4 k €	+25.0%	70,7 k €	+845%	7,5 k €	-96.4%	205,4 k €	+88.2%	109,2 k €	+527%	17,4 k €	+216%	5,5 k €	+61.5%	3,4 k €	-20.0%	4,3 k €	-22.7%	5,5 k €	+13.2%	4,9 k €	-65.6%	14,2 k €	+2236%	607,2 €	-92.3%	7,9 k €	-25.7%	10,6 k €
Debts	1,2 M €	-27.9%	1,7 M €	+22.3%	1,4 M €	-1.6%	1,4 M €	+10.3%	1,2 M €	+5.5%	1,2 M €	+15.5%	1 M €	-20.0%	1,3 M €	+46.8%	870,5 k €	-23.2%	1,1 M €	+57.0%	721,7 k €	-33.8%	1,1 M €	-4.9%	1,1 M €	+9.4%	1 M €	+6.7%	982 k €	+33.6%	735,3 k €
Other
Workforce	12,1 ETP	-19.3%	15,0 ETP	+0.7%	14,9 ETP	-11.8%	16,9 ETP	-9.1%	18,6 ETP	+0.5%	18,5 ETP	+10.8%	16,7 ETP	+5.7%	15,8 ETP	-0.6%	15,9 ETP	+13.6%	14,0 ETP	+1.4%	13,8 ETP	-2.1%	14,1 ETP	-2.8%	14,5 ETP	-11.0%	16,3 ETP	-10.9%	18,3 ETP	+4.6%	17,5 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 · 2 active · 11 ended

Active mandates

MUNO

Director · since 12 mars 2021 · 0458.271.253

Represented by Forrez MARIE-CHRISTINE

Active

WEVANO

Director · since 30 septembre 2018 · 0448.888.878

Represented by Mertens GEERT

Active

Ended mandates

MUNO

Director · since 12 mars 2021 · 0458.271.253

Represented by Marie-Christine Forrez

Ended

JOJUSI

Manager · since 01 octobre 2016 · 0561.967.322

Represented by Paul Forrez

Ended

WEVANO

Manager · since 01 octobre 2016 · 0448.888.878

Represented by Geert Mertens

Ended

WEVANO

Director · since 01 octobre 2016 · 0448.888.878

Represented by Geert Mertens

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/09/2020	30/09/2019
Length of the financial year	12 months	12 months	12 months	15 months	12 months	12 months
Filing date	30/07/2025	25/07/2024	29/06/2023	13/07/2022	08/04/2021	20/04/2020
General meeting	21/06/2025	15/06/2024	17/06/2023	18/06/2022	15/03/2021	31/03/2020
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
Full model	31/12/2024	21/06/2025	30/07/2025	Dutch	PDF
Full model	31/12/2023	15/06/2024	25/07/2024	Dutch	PDF
Full model	31/12/2022	17/06/2023	29/06/2023	Dutch	PDF
Full model	31/12/2021	18/06/2022	13/07/2022	Dutch	PDF
Abridged model	30/09/2020	15/03/2021	08/04/2021	Dutch	PDF
Abridged model	30/09/2019	31/03/2020	20/04/2020	Dutch	PDF
Abridged model	30/09/2018	10/02/2019	12/03/2019	Dutch	PDF
Abridged model	30/09/2017	16/03/2018	26/03/2018	Dutch	PDF
Full model	30/09/2016	12/02/2017	28/02/2017	Dutch	PDF
Full model	30/09/2015	14/02/2016	17/02/2016	Dutch	PDF
Full model	30/09/2014	08/02/2015	16/02/2015	Dutch	PDF
Full model	30/09/2013	09/02/2014	13/03/2014	Dutch	PDF
Full model	30/09/2012	10/02/2013	11/03/2013	Dutch	PDF
Full model	30/09/2011	31/03/2012	25/04/2012	Dutch	PDF
Full model	30/09/2010	13/02/2011	18/02/2011	Dutch	PDF
Full model	30/09/2009	14/02/2010	08/03/2010	Dutch	PDF
Full model	30/09/2008	21/03/2009	30/04/2009	Dutch	PDF
Full model	30/09/2007	28/03/2008	25/04/2008	Dutch	PDF
Full model	30/09/2006	11/02/2007	19/03/2007	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 · 2 active · 11 ended

Active mandates

MUNO

Director · since 12 mars 2021 · 0458.271.253

Represented by Forrez MARIE-CHRISTINE

Active

WEVANO

Director · since 30 septembre 2018 · 0448.888.878

Represented by Mertens GEERT

Active

Ended mandates

MUNO

Director · since 12 mars 2021 · 0458.271.253

Represented by Marie-Christine Forrez

Ended

JOJUSI

Manager · since 01 octobre 2016 · 0561.967.322

Represented by Paul Forrez

Ended

WEVANO

Manager · since 01 octobre 2016 · 0448.888.878

Represented by Geert Mertens

Ended

WEVANO

Director · since 01 octobre 2016 · 0448.888.878

Represented by Geert Mertens

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2021
BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/05/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates31/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/11/2008
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 202499,4 k €↑
2023
Annual accounts 20239,2 k €↓
2022
Annual accounts 202212,3 k €↑
2021
Annual accounts 202110 k €↑
2018
Annual accounts 2018-338,6 €↓
2017
Annual accounts 201713,3 k €↓
2016
Annual accounts 201615,2 k €↑
2015
Annual accounts 201514,1 k €↓
2014
Annual accounts 201415,6 k €↑
2013
Annual accounts 20135,4 k €↓
2012
Annual accounts 201225,2 k €↓
2011
Annual accounts 201129,5 k €↓
2010
Annual accounts 201029,8 k €↑
2009
Annual accounts 200914 k €↓
2008
Annual accounts 200825,1 k €↑
2007
Annual accounts 2007-5,2 k €
23/12/1987
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

FORRIM

Overview

What does FORRIM do?

Trend over 16 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