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 main activity is: Manufacture of wooden containers. 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

Activities (NACE)

16240Manufacture of wooden containers· main 16240Manufacture of wooden containers 20400Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations 46499Wholesale of other household goods 46499Wholesale of other household goods 47559Retail sale of other household equipment in specialised stores+3

Joint committees (5)

12503
126
12600
200
218

Signals

Healthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 16 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	64,6 M €	-16.4%	77,3 M €	+6.5%	72,5 M €	+103%	35,7 M €	+55.9%	22,9 M €
EBITDA	-220,7 k €	-104%	5,2 M €	-48.4%	10,1 M €	+232%	3 M €	+228%	923,5 k €
Operating result	-3 M €	-214%	2,7 M €	-69.3%	8,7 M €	+227%	2,7 M €	+383%	551,3 k €
Net result	-3 M €	-103%	93,5 M €	+972%	8,7 M €	+541%	1,4 M €	-30.0%	1,9 M €
Balance sheet
Equity	106 M €	-2.8%	109 M €	+603%	15,5 M €	+128%	6,8 M €	+19.8%	5,7 M €
Total assets	438,8 M €	+45.0%	302,7 M €	+92.5%	157,2 M €	+168%	58,6 M €	+142%	24,2 M €
Cash	1,7 M €	-30.2%	2,4 M €	-85.2%	16,3 M €	+1436%	1,1 M €	+215%	336,1 k €
Debts	328,1 M €	+72.4%	190,3 M €	+38.0%	137,9 M €	+171%	50,8 M €	+189%	17,6 M €
Other
Workforce	190,6 ETP	-14.9%	224,0 ETP	+26.7%	176,8 ETP	+103%	86,9 ETP	+1.0%	86,0 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 · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FORESCO GROUP0738.732.204Represented by Cédric De Quinnemar	Managing director01/06/2020 → 04/03/2031
Jan Ponnet	Managing directorsince 07/09/2009

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOSEPH NOELMANS	Director07/09/2015 → 2017 accounts
PACKAGING TEAM N.V.0807.942.890Represented by Cedric De Quinnemar	Managing director03/11/2014 → 2019 accounts
FORHOLCO N.V.0424.772.601Represented by Cedric De Quinnemar	Managing director07/09/2009 → 2012 accounts

Other companies at this address

Eikelaarstraat 32 3600 Genk

Company	CBE 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

	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	05/07/2024	05/05/2023	18/05/2022	22/07/2021	01/07/2020
General meeting	29/08/2025	28/06/2024	28/04/2023	27/04/2022	07/06/2021	01/06/2020
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	28/06/2024	05/07/2024	Dutch	PDF
Full model	31/12/2022	28/04/2023	05/05/2023	Dutch	PDF
Full model	31/12/2021	27/04/2022	18/05/2022	Dutch	PDF
Full model	31/12/2020	07/06/2021	22/07/2021	Dutch	PDF
Full model	31/12/2019	01/06/2020	01/07/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	27/06/2019	Dutch	PDF
Full model	31/12/2017	04/06/2018	09/07/2018	Dutch	PDF
Full model	31/12/2016	05/06/2017	26/06/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	24/06/2016	Dutch	PDF
Full model	31/12/2014	01/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	03/06/2014	01/07/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	15/07/2013	Dutch	PDF
Full model	31/12/2011	04/06/2012	04/07/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	14/06/2011	Dutch	PDF
Full model	31/12/2009	07/06/2010	27/07/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	18/06/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	26/06/2008	Dutch	PDF
Full model	31/12/2006	04/06/2007	27/07/2007	Dutch	PDF

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 · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FORESCO GROUP0738.732.204Represented by Cédric De Quinnemar	Managing director01/06/2020 → 04/03/2031
Jan Ponnet	Managing directorsince 07/09/2009

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JOSEPH NOELMANS	Director07/09/2015 → 2017 accounts
PACKAGING TEAM N.V.0807.942.890Represented by Cedric De Quinnemar	Managing director03/11/2014 → 2019 accounts
FORHOLCO N.V.0424.772.601Represented by Cedric De Quinnemar	Managing director07/09/2009 → 2012 accounts

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

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

FORESCO GROUP

Jan Ponnet

JOSEPH NOELMANS

PACKAGING TEAM N.V.

FORHOLCO N.V.

Euro Finance Accounting Controlling & Trading Solutions

FORESCO REAL ESTATE DEVELOPMENT

VAN GERVEN CONSULTING

TREXCO

Frédéric DE VEL

1989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

Foresco BEForesco Packaging

Eikelaarstraat 32, 3600 Genk

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Eikelaarstraat 32, 3600 GenkCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00480731

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Foresco BECurrent	accounts 2024	Accounts 2024 · 2025-00480731
Foresco Packaging	accounts 2021 → 2023	Accounts 2023 · 2024-00228235

Events

01/06/2026
augmentation_capital
05/12/2025
nominationCédric De Quinnemar · vaste vertegenwoordiger
01/12/2025
nominationForesco · bestuurder
01/12/2025
nominationForesco BV · gedelegeerd bestuurder
04/03/2025
reconductionJan Ponnet · bestuurder
04/03/2025
reconductionFORESCO GROUP BV · bestuurder
2024
Annual accounts 2024-3 M €↓
2024
Name changeForesco BE
28/06/2024
reconductionCompass Audit BV · commissaris
2023
Annual accounts 202393,5 M €↑
2022
Annual accounts 20228,7 M €↑
2021
Annual accounts 20211,4 M €↓
2020
Annual accounts 20201,9 M €↑
2019
Annual accounts 20191,8 M €↑
2018
Annual accounts 201846 k €↓
2017
Annual accounts 201752,5 k €↓
2016
Annual accounts 2016220,4 k €↓
2015
Annual accounts 2015450,7 k €↓
2012
Annual accounts 20121,6 M €↑
2011
Annual accounts 2011824,4 k €↑
2010
Annual accounts 2010793,4 k €↑
2008
Annual accounts 2008-795,9 k €↑
2007
Annual accounts 2007-2 M €↓
2006
Annual accounts 2006-503,6 k €
29/12/1989
IncorporationPublic limited company

Foresco BE

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

Registered offices

Company names

Events