NORMAL SITUATION

FORESCO PALLET RECYCLING

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Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result263,4 k €+190,6 %over 1 year

Revenue12,4 M €+6,1 %over 1 year

Equity486,2 k €+118,2 %over 1 year

Workforce34,8 ETP+101,2 %over 1 year

Identity

Source · BCE/KBO

FORESCO PALLET RECYCLING is a company registered in Belgium. It employs on average 34,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0435.941.358
Legal form: Public limited company
Contributed capital: 141 600,00 €
Latest accounts: 31/12/2024
Average workforce: 34,8 ETP

Joint committees (5)

126
1260
12600
200
218

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 35 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	12,4 M €	+6.1%	11,7 M €	-10.6%	13 M €		–		–
EBITDA	794 k €	+119%	362,4 k €	-81.2%	1,9 M €	+114%	901,1 k €	+417%	-284 k €
Operating result	381,4 k €	+461%	-105,5 k €	-107%	1,6 M €	+198%	538 k €	+188%	-611,8 k €
Net result	263,4 k €	+191%	-290,9 k €	-127%	1,1 M €	+187%	373,9 k €	+176%	-493,2 k €
Balance sheet
Equity	486,2 k €	+118%	222,8 k €	-67.1%	677,9 k €	-50.9%	1,4 M €	+37.2%	1 M €
Total assets	3,1 M €	-35.3%	4,8 M €	-23.7%	6,3 M €	+3.8%	6,1 M €	+17.2%	5,2 M €
Cash	268,6 k €	+107%	129,8 k €	-58.5%	313 k €	-75.6%	1,3 M €	+355%	282,4 k €
Debts	2,6 M €	-42.6%	4,6 M €	-18.2%	5,6 M €	+26.5%	4,4 M €	+16.0%	3,8 M €
Other
Workforce	34,8 ETP	+101%	17,3 ETP	+36.2%	12,7 ETP	-34.2%	19,3 ETP	-4.0%	20,1 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 32 ended

Active mandates

Jan Ponnet

Managing director · since 28 octobre 2022 · until 28 octobre 2028

Active

Ended mandates

FORESCO GROUP

Managing director · since 28 octobre 2022 · until 28 octobre 2028 · 0738.732.204

Represented by Cedric DE QUINNEMAR

Ended

ALM GROUP

Director · since 14 juin 2022 · until 26 mai 2028 · 0892.749.891

Represented by Arnoud LEËN

Ended

Mopal Beheer

Director · since 14 juin 2022 · until 26 mai 2028

Represented by Arie MONHEMIUS

Ended

Arnoud Leën

Director · since 30 janvier 2017 · until 29 mai 2020

Ended

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full 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	05/07/2024	02/05/2023	29/07/2022	12/07/2021	03/08/2020
General meeting	29/08/2025	31/05/2024	07/04/2023	30/06/2022	28/05/2021	29/05/2020
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, 35 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	29/08/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	31/05/2024	05/07/2024	Dutch	PDF
Full model	31/12/2022	07/04/2023	02/05/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	12/07/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	03/08/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	03/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/04/2018	20/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	09/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	06/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	19/06/2012	Dutch	PDF
Abridged model	30/09/2010	25/03/2011	21/04/2011	Dutch	PDF
Abridged model	30/09/2009	26/03/2010	12/04/2010	Dutch	PDF
Abridged model	30/09/2008	06/03/2009	16/03/2009	Dutch	PDF
Abridged model	30/09/2007	31/03/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	30/03/2007	26/04/2007	Dutch	PDF
Abridged model	30/09/2005	31/03/2006	21/04/2006	Dutch	PDF
Abridged model	30/09/2004	25/03/2005	01/04/2005	Dutch	PDF
Abridged model	30/09/2003	26/03/2004	24/05/2004	Dutch	PDF
Abridged model	30/09/2002	28/03/2003	25/04/2003	Dutch	PDF
Abridged model	31/12/2001	29/03/2002	23/04/2002	Dutch	PDF

View all 35 filings

Indicative valuation

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

1 active · 32 ended

Active mandates

Jan Ponnet

Managing director · since 28 octobre 2022 · until 28 octobre 2028

Active

Ended mandates

FORESCO GROUP

Managing director · since 28 octobre 2022 · until 28 octobre 2028 · 0738.732.204

Represented by Cedric DE QUINNEMAR

Ended

ALM GROUP

Director · since 14 juin 2022 · until 26 mai 2028 · 0892.749.891

Represented by Arnoud LEËN

Ended

Mopal Beheer

Director · since 14 juin 2022 · until 26 mai 2028

Represented by Arie MONHEMIUS

Ended

Arnoud Leën

Director · since 30 janvier 2017 · until 29 mai 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution09/07/2025
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/03/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/10/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates01/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring26/05/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates24/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/03/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other23/03/2023
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

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

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Timeline

2024
Annual accounts 2024263,4 k €↑
2023
Annual accounts 2023-290,9 k €↓
2022
Annual accounts 20221,1 M €↑
2022
Name changeForesco Pallet Recycling
2021
Annual accounts 2021373,9 k €↑
2021
Name changePalettencentrale
2020
Annual accounts 2020-493,2 k €↓
2019
Annual accounts 2019-179,2 k €↓
2018
Annual accounts 2018-70,6 k €↓
2017
Annual accounts 2017117,3 k €↓
2016
Annual accounts 20161,3 M €↑
2015
Annual accounts 201572,7 k €↓
2014
Annual accounts 2014130,8 k €↑
2013
Annual accounts 201373,7 k €↓
2012
Annual accounts 2012208 k €↑
2011
Annual accounts 2011120,6 k €↑
2010
Annual accounts 2010-16,1 k €↑
2009
Annual accounts 2009-50,2 k €↓
2008
Annual accounts 200848,8 k €↓
2007
Annual accounts 200753,5 k €↑
2006
Annual accounts 200611,6 k €

FORESCO PALLET RECYCLING

Overview

Identity

Financials

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

Timeline