ACTIVE

Fortrea Belgium

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Financial year 2024 · Closed on 31/12/2024

Net result584,5 k €-35,4 %over 1 year

Revenue15,2 M €-15,2 %over 1 year

Equity175,3 M €+0,3 %over 1 year

Workforce94,7 ETP-16,9 %over 1 year

Identity

Source · BCE/KBO

Fortrea Belgium is a Private limited company incorporated in 1988. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Bruxelles. It employs on average 94,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0435.753.395
Incorporation: 15/11/1988
Legal form: Private limited company
Registered office: Avenue du Bourget 50
1130 Bruxelles · BruxellesSee on map
Contributed capital: 140 313 955,92 €
Latest accounts: 31/12/2024
Average workforce: 94,7 ETP

Activities (NACE)

46180Agents specialised in the sale of other particular products· main 46180Agents specialised in the sale of other particular products 74879Other professional, scientific and technical activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	15,2 M €	-15.2%	18 M €	-8.3%	19,6 M €	-11.1%	22 M €	+1.3%	21,8 M €
EBITDA	1,6 M €	-23.7%	2,1 M €	+3.7%	2 M €	-51.6%	4,1 M €	+4.4%	3,9 M €
Operating result	948,1 k €	-33.8%	1,4 M €	+4.9%	1,4 M €	-60.4%	3,4 M €	+15.6%	3 M €
Net result	584,5 k €	-35.4%	904,5 k €	+9.8%	823,9 k €	-65.4%	2,4 M €	+19.9%	2 M €
Balance sheet
Equity	175,3 M €	+0.3%	174,8 M €	+0.5%	173,9 M €	+0.5%	173 M €	+1.4%	170,7 M €
Total assets	177,5 M €	-0.1%	177,7 M €	+0.4%	177 M €	-0.9%	178,5 M €	+1.5%	175,8 M €
Cash	1,1 M €	+116%	511,6 k €	-42.7%	893,1 k €	+86.9%	477,9 k €	+386%	98,4 k €
Debts	1,9 M €	-30.1%	2,7 M €	-8.6%	3 M €	-45.0%	5,4 M €	+8.6%	5 M €
Other
Workforce	94,7 ETP	-16.9%	114,0 ETP	-16.1%	135,8 ETP	-11.9%	154,2 ETP	+4.3%	147,9 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 31/12/2024

2 active · 21 ended

Active mandates

David COOPER

Director · since 15 juin 2023

Active

Jill MCCONNELL

Director · since 15 juin 2023

Active

Ended mandates

Glenn Andrew Eisenberg

Director · since 31 mars 2018 · until 31 mars 2024

Ended

Robert Pringle

Director · since 30 juin 2017 · until 30 juin 2023

Ended

Robert Pringle

Managing director · since 30 juin 2017 · until 30 juin 2023

Ended

Robert PRINGLE

Managing director · since 30 juin 2017 · until 15 juin 2023

Ended

Other companies at this address

Avenue du Bourget 50 1130 Bruxelles

Company	CBE no.
@SISTERS● Active	0689.917.250
TK Elevator Belgium● Active	0447.794.857

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	03/09/2025	31/07/2024	13/11/2023	08/11/2022	28/10/2021	24/11/2020
General meeting	29/08/2025	26/07/2024	13/11/2023	03/11/2022	26/10/2021	12/11/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	29/08/2025	03/09/2025	Dutch	PDF
Full model	31/12/2023	26/07/2024	31/07/2024	Dutch	PDF
Full model	31/12/2022	13/11/2023	13/11/2023	French	PDF
Full model	31/12/2021	03/11/2022	08/11/2022	French	PDF
Full model	31/12/2020	26/10/2021	28/10/2021	French	PDF
Full model	31/12/2019	12/11/2020	24/11/2020	French	PDF
Full model	31/12/2018	26/07/2019	01/08/2019	French	PDF
Full model	31/12/2017	28/06/2018	04/07/2018	French	PDF
Full model	31/12/2016	30/06/2017	25/07/2017	French	PDF
Full model	31/12/2015	30/06/2016	15/07/2016	French	PDF
Full model	31/12/2014	30/06/2015	08/07/2015	French	PDF
Full model	31/12/2013	30/06/2014	10/07/2014	French	PDF
Full model	31/12/2012	28/06/2013	19/07/2013	French	PDF
Full model	31/12/2011	31/08/2012	31/08/2012	French	PDF
Full model	31/12/2010	31/10/2011	21/11/2011	French	PDF
Full model	31/12/2009	15/12/2010	15/12/2010	French	PDF
Full model	31/12/2008	29/09/2009	26/10/2009	French	PDF
Full model	31/12/2007	16/03/2009	28/07/2009	Dutch	PDF
Full model	31/12/2006	06/10/2008	05/11/2008	French	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 31/12/2024

2 active · 21 ended

Active mandates

David COOPER

Director · since 15 juin 2023

Active

Jill MCCONNELL

Director · since 15 juin 2023

Active

Ended mandates

Glenn Andrew Eisenberg

Director · since 31 mars 2018 · until 31 mars 2024

Ended

Robert Pringle

Director · since 30 juin 2017 · until 30 juin 2023

Ended

Robert Pringle

Managing director · since 30 juin 2017 · until 30 juin 2023

Ended

Robert PRINGLE

Managing director · since 30 juin 2017 · until 15 juin 2023

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/09/2026
Ontslag and benoeming bestuurder
PDF
Mandates06/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2023
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2024
Annual accounts 2024584,5 k €↓
26/07/2024
reconductionDSD Associates Audit & Advies BV — Commissaris
13/05/2024
nominationMalgorzata MIROWSKA — bijzondere volmacht
13/05/2024
nominationPeter VAN ROMPAEY — Volmachthouder
2023
Annual accounts 2023904,5 k €↑
15/06/2023
nominationDavid Cooper — bestuurder
15/06/2023
nominationJill MeConnell — bestuurder
2022
Annual accounts 2022823,9 k €↓
05/12/2022
nominationJins DECANTE — bijzondere volmacht
05/12/2022
nominationBénédicte Jean M. MISSON — bijzondere volmacht
26/08/2022
nominationRobert PRINGLE — Volmachtdrager
23/05/2022
nominationCarole COTE — volmacht
23/05/2022
nominationAgata Kinga BLOSWICK — volmacht
2022
Name changeFortrea Belgium
2021
Annual accounts 20212,4 M €↑
2021
Name changeLabcorp Clinical Development
2020
Annual accounts 20202 M €↓
2019
Annual accounts 201925,6 M €↑
2018
Annual accounts 20182,1 M €↑
2017
Annual accounts 20171,5 M €↓
2016
Annual accounts 20161,9 M €↑
2015
Annual accounts 20151,1 M €↑
2014
Annual accounts 2014943,5 k €↓
2013
Annual accounts 20131,1 M €↑
2012
Annual accounts 2012905,4 k €↑
2011
Annual accounts 2011594 k €↑
2010
Annual accounts 2010330,9 k €↓
2009
Annual accounts 2009404,5 k €↑
2006
Annual accounts 2006200,2 k €
15/11/1988
IncorporationPrivate limited company

Fortrea Belgium

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