ACTIVE

Foresco BE

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Financial year 2024 · Closed on 31/12/2024

Net result-3 M €-103,2 %over 1 year
Revenue64,6 M €-16,4 %over 1 year
Equity106 M €-2,8 %over 1 year
Workforce190,6 ETP-14,9 %over 1 year

Identity

Source · BCE/KBO

Foresco BE is a Public limited company incorporated in 1989. Its registered office is in Genk. It employs on average 190,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0439.243.813
Incorporation
29/12/1989
Legal form
Public limited company
Registered office
Eikelaarstraat 32
3600 Genk · FlandreSee on map
Contributed capital
336 864,00 €
Latest accounts
31/12/2024
Average workforce
190,6 ETP
Joint committees (5)
  • 12503
  • 126
  • 12600
  • 200
  • 218
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 16 financial years

20242023202220212020
Income statement
Revenue64,6 M €77,3 M €72,5 M €35,7 M €22,9 M €
EBITDA-220,7 k €5,2 M €10,1 M €3 M €923,5 k €
Operating result-3 M €2,7 M €8,7 M €2,7 M €551,3 k €
Net result-3 M €93,5 M €8,7 M €1,4 M €1,9 M €
Balance sheet
Equity106 M €109 M €15,5 M €6,8 M €5,7 M €
Total assets438,8 M €302,7 M €157,2 M €58,6 M €24,2 M €
Cash1,7 M €2,4 M €16,3 M €1,1 M €336,1 k €
Debts328,1 M €190,3 M €137,9 M €50,8 M €17,6 M €
Other
Workforce190,6 ETP224,0 ETP176,8 ETP86,9 ETP86,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 16 ended

Active mandates

FORESCO GROUP

Managing director · since 04 mars 2025 · until 04 mars 2031 · 0738.732.204

Represented by Cédric De Quinnemar

Active
Jan Ponnet

Managing director · since 04 mars 2025

Active

Ended mandates

FORESCO GROUP

Managing director · since 01 juin 2020 · until 01 juin 2026 · 0738.732.204

Represented by Cédric De Quinnemar

Ended
FORESCO GROUP

Managing director · since 01 juin 2020 · until 01 juin 2026 · 0738.732.204

Represented by Cedric De Quinnemar

Ended
FORESCO GROUP

Managing director · since 01 juin 2020 · until 01 juin 2026 · 0738.732.204

Represented by Cedric De Quinnemar

Ended
Jan Ponnet

Managing director · since 01 juin 2020 · until 01 juin 2026

Ended

Other companies at this address

Eikelaarstraat 32 3600 Genk
CompanyCBE no.
Foresco Financial Services● Active
1016.383.123
FORESCO GROUP● Active
0738.732.204
Groep Foresco● Active
0805.259.752
MEDICAL PARTNERS● Active
0554.807.534
NV Dynamica Industrial Property● Active
0423.654.923

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date03/09/202505/07/202405/05/202318/05/202222/07/202101/07/2020
General meeting29/08/202528/06/202428/04/202327/04/202207/06/202101/06/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202429/08/202503/09/2025DutchPDF
Full model31/12/202328/06/202405/07/2024DutchPDF
Full model31/12/202228/04/202305/05/2023DutchPDF
Full model31/12/202127/04/202218/05/2022DutchPDF
Full model31/12/202007/06/202122/07/2021DutchPDF
Full model31/12/201901/06/202001/07/2020DutchPDF
Full model31/12/201803/06/201927/06/2019DutchPDF
Full model31/12/201704/06/201809/07/2018DutchPDF
Full model31/12/201605/06/201726/06/2017DutchPDF
Full model31/12/201506/06/201624/06/2016DutchPDF
Full model31/12/201401/06/201529/06/2015DutchPDF
Full model31/12/201303/06/201401/07/2014DutchPDF
Full model31/12/201203/06/201315/07/2013DutchPDF
Full model31/12/201104/06/201204/07/2012DutchPDF
Full model31/12/201006/06/201114/06/2011DutchPDF
Full model31/12/200907/06/201027/07/2010DutchPDF
Full model31/12/200802/06/200918/06/2009DutchPDF
Full model31/12/200702/06/200826/06/2008DutchPDF
Full model31/12/200604/06/200727/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 16 ended

Active mandates

FORESCO GROUP

Managing director · since 04 mars 2025 · until 04 mars 2031 · 0738.732.204

Represented by Cédric De Quinnemar

Active
Jan Ponnet

Managing director · since 04 mars 2025

Active

Ended mandates

FORESCO GROUP

Managing director · since 01 juin 2020 · until 01 juin 2026 · 0738.732.204

Represented by Cédric De Quinnemar

Ended
FORESCO GROUP

Managing director · since 01 juin 2020 · until 01 juin 2026 · 0738.732.204

Represented by Cedric De Quinnemar

Ended
FORESCO GROUP

Managing director · since 01 juin 2020 · until 01 juin 2026 · 0738.732.204

Represented by Cedric De Quinnemar

Ended
Jan Ponnet

Managing director · since 01 juin 2020 · until 01 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares12/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates15/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring30/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates20/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring19/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 01/06/2026
    augmentation_capital
  2. 05/12/2025
    nominationCédric De Quinnemar — vaste vertegenwoordiger
  3. 01/12/2025
    nominationForesco — bestuurder
  4. 01/12/2025
    nominationForesco BV — gedelegeerd bestuurder
  5. 04/03/2025
    reconductionJan Ponnet — bestuurder
  6. 04/03/2025
    reconductionFORESCO GROUP BV — bestuurder
  7. 2024
    Annual accounts 2024-3 M €↓
  8. 28/06/2024
    reconductionCompass Audit BV — commissaris
  9. 2024
    Name changeForesco BE
  10. 2023
    Annual accounts 202393,5 M €↑
  11. 2022
    Annual accounts 20228,7 M €↑
  12. 2021
    Annual accounts 20211,4 M €↓
  13. 2021
    Name changeForesco Packaging
  14. 2020
    Annual accounts 20201,9 M €↑
  15. 2019
    Annual accounts 20191,8 M €↑
  16. 2018
    Annual accounts 201846 k €↓
  17. 2017
    Annual accounts 201752,5 k €↓
  18. 2016
    Annual accounts 2016220,4 k €↓
  19. 2015
    Annual accounts 2015450,7 k €↓
  20. 2012
    Annual accounts 20121,6 M €↑
  21. 2011
    Annual accounts 2011824,4 k €↑
  22. 2010
    Annual accounts 2010793,4 k €↑
  23. 2008
    Annual accounts 2008-795,9 k €↑
  24. 2007
    Annual accounts 2007-2 M €↓
  25. 2006
    Annual accounts 2006-503,6 k €
  26. 29/12/1989
    IncorporationPublic limited company