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

20242023202220212020
Income statement
Revenue12,4 M €11,7 M €13 M €––
EBITDA794 k €362,4 k €1,9 M €901,1 k €-284 k €
Operating result381,4 k €-105,5 k €1,6 M €538 k €-611,8 k €
Net result263,4 k €-290,9 k €1,1 M €373,9 k €-493,2 k €
Balance sheet
Equity486,2 k €222,8 k €677,9 k €1,4 M €1 M €
Total assets3,1 M €4,8 M €6,3 M €6,1 M €5,2 M €
Cash268,6 k €129,8 k €313 k €1,3 M €282,4 k €
Debts2,6 M €4,6 M €5,6 M €4,4 M €3,8 M €
Other
Workforce34,8 ETP17,3 ETP12,7 ETP19,3 ETP20,1 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 12 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jan Ponnet
Managing director28/10/2022 → 28/10/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FORESCO GROUP0738.732.204Represented by Cedric DE QUINNEMAR
Managing director28/10/2022 → 28/10/2028
ALM GROUP0892.749.891Represented by Arnoud LEËN
Director14/06/2022 → 26/05/2028
Mopal BeheerRepresented by Arie MONHEMIUS
Director14/06/2022 → 26/05/2028
Arnoud Leën
Director30/01/2017 → 29/05/2020

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202505/07/202402/05/202329/07/202212/07/202103/08/2020
General meeting29/08/202531/05/202407/04/202330/06/202228/05/202129/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 35 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202429/08/202529/08/2025DutchPDF
Full model31/12/202331/05/202405/07/2024DutchPDF
Full model31/12/202207/04/202302/05/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202028/05/202112/07/2021DutchPDF
Abridged model31/12/201929/05/202003/08/2020DutchPDF
Abridged model31/12/201831/05/201903/06/2019DutchPDF
Abridged model31/12/201725/04/201820/06/2018DutchPDF
Abridged model31/12/201626/05/201726/06/2017DutchPDF
Abridged model31/12/201527/05/201608/06/2016DutchPDF
Abridged model31/12/201429/05/201509/06/2015DutchPDF
Abridged model31/12/201319/06/201415/07/2014DutchPDF
Abridged model31/12/201231/05/201306/06/2013DutchPDF
Abridged model31/12/201125/05/201219/06/2012DutchPDF
Abridged model30/09/201025/03/201121/04/2011DutchPDF
Abridged model30/09/200926/03/201012/04/2010DutchPDF
Abridged model30/09/200806/03/200916/03/2009DutchPDF
Abridged model30/09/200731/03/200831/03/2008DutchPDF
Abridged model30/09/200630/03/200726/04/2007DutchPDF
Abridged model30/09/200531/03/200621/04/2006DutchPDF
Abridged model30/09/200425/03/200501/04/2005DutchPDF
Abridged model30/09/200326/03/200424/05/2004DutchPDF
Abridged model30/09/200228/03/200325/04/2003DutchPDF
Abridged model31/12/200129/03/200223/04/2002DutchPDF
Abridged model30/09/200023/03/200102/04/2001DutchPDF
Abridged model30/09/199924/03/200027/03/2000DutchPDF
Abridged model30/09/199826/03/199916/04/1999DutchPDF
Abridged model30/09/199727/03/199830/04/1998Dutch—
Abridged model30/09/199628/03/199722/04/1997Dutch—
Abridged model31/12/199423/06/199514/08/1995Dutch—
Abridged model31/12/199324/06/199430/06/1994Dutch—
Abridged model31/12/199225/06/199313/07/1993Dutch—
Abridged model31/12/199126/06/199214/07/1992Dutch—
Abridged model31/12/199028/06/199126/08/1991Dutch—
Abridged model31/12/198914/03/199013/04/1990Dutch—

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 · 12 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jan Ponnet
Managing director28/10/2022 → 28/10/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FORESCO GROUP0738.732.204Represented by Cedric DE QUINNEMAR
Managing director28/10/2022 → 28/10/2028
ALM GROUP0892.749.891Represented by Arnoud LEËN
Director14/06/2022 → 26/05/2028
Mopal BeheerRepresented by Arie MONHEMIUS
Director14/06/2022 → 26/05/2028
Arnoud Leën
Director30/01/2017 → 29/05/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring09/07/2025
    GERUISLOZE FUSIE
    PDF
  • Restructuring19/03/2025
    FUSIEVOORSTEL BIJ FUSIE DOOR OVERNEMING
    PDF
  • Restructuring23/10/2024
    FUSIEVOORSTEL BIJ FUSIE DOOR OVERNEMING
    PDF
  • Other01/03/2024
    Intrekking en toekenning bijzondere volmacht Country Manager - Volmacht
    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

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
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Jan Ponnet
FORESCO GROUP
ALM GROUP
Mopal Beheer
Arnoud Leën
Mopal Beheer BV
Jurotra BVBA
AREPAL
Chantal Verboven
Frans Abbeel
GODELIVA GEENTJENS
Godelieva Geentjens
and 1 more mandate
200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
Foresco Pallet Recycling
Nijverheidspark 32, 3580 Beringen
Managing director
Managing director
DirectorManaging director
Director
DirectorManaging director
Director
Director
Director
Director
Managing directorDirector
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Nijverheidspark 32, 3580 Beringen
accounts 2022 → 2024
Accounts 2024 · 2025-00471974
Vlimmersebaan 132, 2275 Lille
accounts 2021
Accounts 2021 · 2022-20244227

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Foresco Pallet Recycling
accounts 2022 → 2024
Accounts 2024 · 2025-00471974
Palettencentrale
accounts 2021
Accounts 2021 · 2022-20244227

Events

  1. 2024
    Annual accounts 2024263,4 k €↑
  2. 2023
    Annual accounts 2023-290,9 k €↓
  3. 2022
    Annual accounts 20221,1 M €↑
  4. 2022
    Name changeForesco Pallet Recycling
  5. 2021
    Annual accounts 2021373,9 k €↑
  6. 2020
    Annual accounts 2020-493,2 k €↓
  7. 2019
    Annual accounts 2019-179,2 k €↓
  8. 2018
    Annual accounts 2018-70,6 k €↓
  9. 2017
    Annual accounts 2017117,3 k €↓
  10. 2016
    Annual accounts 20161,3 M €↑
  11. 2015
    Annual accounts 201572,7 k €↓
  12. 2014
    Annual accounts 2014130,8 k €↑
  13. 2013
    Annual accounts 201373,7 k €↓
  14. 2012
    Annual accounts 2012208 k €↑
  15. 2011
    Annual accounts 2011120,6 k €↑
  16. 2010
    Annual accounts 2010-16,1 k €↑
  17. 2009
    Annual accounts 2009-50,2 k €↓
  18. 2008
    Annual accounts 200848,8 k €↓
  19. 2007
    Annual accounts 200753,5 k €↑
  20. 2006
    Annual accounts 200611,6 k €