ACTIVE

Foresco BE

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Financial year 2024 · closed on 31/12/2024

Net result

-3 M €

-103.2% YoY

Revenue

64,6 M €

-16.4% YoY

Equity

106 M €

-2.8% YoY

Workforce

190,6 ETP

-14.9% YoY

What does Foresco BE do?

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

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2012		2011		2010		2008		2007		2006
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 €	-11.7%	25,9 M €	+0.3%	25,9 M €	+2.7%	25,2 M €	+2.6%	24,5 M €	+8.3%	22,7 M €	+0.7%	22,5 M €	+5.3%	21,4 M €	+23.9%	17,2 M €	-27.7%	23,9 M €	-6.9%	25,6 M €	+20.4%	21,3 M €
EBITDA	-220,7 k €	-104%	5,2 M €	-48.4%	10,1 M €	+232%	3 M €	+228%	923,5 k €	-30.2%	1,3 M €	+92.7%	686,9 k €	-15.1%	808,8 k €	-4.3%	845,3 k €	-29.2%	1,2 M €	+34.2%	890 k €	-36.5%	1,4 M €	+1.8%	1,4 M €	+157%	536,4 k €	+32.7%	404,1 k €	-39.8%	671,2 k €
Operating result	-3 M €	-214%	2,7 M €	-69.3%	8,7 M €	+227%	2,7 M €	+383%	551,3 k €	-38.9%	901,9 k €	+320%	214,6 k €	-27.4%	295,7 k €	-31.6%	432,4 k €	-50.7%	876,5 k €	+39.6%	627,8 k €	-37.1%	998,8 k €	+8.8%	918 k €	+563%	-198,1 k €	+53.5%	-425,8 k €	-1376%	33,4 k €
Net result	-3 M €	-103%	93,5 M €	+972%	8,7 M €	+541%	1,4 M €	-30.0%	1,9 M €	+9.1%	1,8 M €	+3771%	46 k €	-12.4%	52,5 k €	-76.2%	220,4 k €	-51.1%	450,7 k €	-72.1%	1,6 M €	+95.7%	824,4 k €	+3.9%	793,4 k €	+200%	-795,9 k €	+59.8%	-2 M €	-293%	-503,6 k €
Balance sheet
Equity	106 M €	-2.8%	109 M €	+603%	15,5 M €	+128%	6,8 M €	+19.8%	5,7 M €	+48.2%	3,8 M €	+87.1%	2 M €	+2.3%	2 M €	+2.7%	1,9 M €	+12.8%	1,7 M €	+94.5%	887,8 k €	-77.1%	3,9 M €	+27.0%	3,1 M €	+21.7%	2,5 M €	+37.4%	1,8 M €	-42.7%	3,2 M €
Total assets	438,8 M €	+45.0%	302,7 M €	+92.5%	157,2 M €	+168%	58,6 M €	+142%	24,2 M €	+58.6%	15,3 M €	+77.2%	8,6 M €	+3.3%	8,3 M €	+8.3%	7,7 M €	+10.2%	7 M €	-20.6%	8,8 M €	-17.7%	10,7 M €	+8.2%	9,9 M €	-1.4%	10 M €	-12.5%	11,5 M €	-18.0%	14 M €
Cash	1,7 M €	-30.2%	2,4 M €	-85.2%	16,3 M €	+1436%	1,1 M €	+215%	336,1 k €	-54.6%	740,3 k €	+233%	222,1 k €	+92.3%	115,5 k €	-47.6%	220,5 k €	-44.3%	395,8 k €	+61.5%	245 k €	+81.4%	135,1 k €	-68.6%	430,8 k €	+718%	52,7 k €	-62.4%	139,9 k €	+2848%	4,7 k €
Debts	328,1 M €	+72.4%	190,3 M €	+38.0%	137,9 M €	+171%	50,8 M €	+189%	17,6 M €	+67.6%	10,5 M €	+88.8%	5,6 M €	+4.1%	5,3 M €	+12.6%	4,7 M €	+6.5%	4,4 M €	-42.5%	7,7 M €	+17.7%	6,6 M €	+0.2%	6,6 M €	-10.1%	7,3 M €	-23.6%	9,6 M €	-10.6%	10,7 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	-6.8%	92,3 ETP	-4.6%	96,8 ETP	-0.6%	97,4 ETP	-5.0%	102,5 ETP	+4.3%	98,3 ETP	-4.1%	102,5 ETP	+6.7%	96,1 ETP	+7.4%	89,5 ETP	-24.3%	118,2 ETP	-9.8%	131,0 ETP	+4.5%	125,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 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

At this address

Other companies at this address

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

Annual accounts

Full financial information

	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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

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

Estimate

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.

Governance

Board of directors

Seen on filing of 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

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

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 €↓
28/06/2024
reconductionCompass Audit BV — commissaris
2024
Name changeForesco BE
2023
Annual accounts 202393,5 M €↑
2022
Annual accounts 20228,7 M €↑
2021
Annual accounts 20211,4 M €↓
2021
Name changeForesco Packaging
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

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Foresco BE

Overview

What does Foresco BE do?

Trend over 16 financial years

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