ACTIVE

FOREIGN OFFICE

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Financial year 2025 · closed on 30/09/2025

Net result

-11,4 k €

-62.6% YoY

Gross margin

92,8 k €

-1.5% YoY

Equity

542,4 k €

-2.8% YoY

Workforce

0,1 ETP

0.0% YoY

What does FOREIGN OFFICE do?

FOREIGN OFFICE is a Public limited company incorporated in 1992. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Forest. It employs on average 0,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.953.423

Incorporation

27/07/1992

Legal form

Public limited company

Registered office

Avenue Besme 107
1190 Forest · BruxellesSee on map

Contributed capital

142 561,35 €

Latest accounts

30/09/2025

Average workforce

0,1 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 73200Market research and public opinion polling 73200Market research and public opinion polling 74131Specialised design activities

Joint committees (3)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	92,8 k €	-1.5%	94,2 k €	+14.2%	82,5 k €	-22.2%	106,1 k €	+13.9%	93,1 k €	-22.5%	120,1 k €	-0.6%	120,8 k €	+15.6%	104,5 k €	-14.2%	121,8 k €	+19.4%	102 k €	-20.5%	128,3 k €	+3.4%	124 k €	-2.3%	126,9 k €	+2.0%	124,5 k €	+57.9%	78,9 k €	+201%	26,2 k €	+1105%	-2,6 k €	+11.5%	-3 k €	-139%	7,6 k €	-64.3%	21,4 k €
EBITDA	68,9 k €	-0.4%	69,2 k €	+12.7%	61,4 k €	-31.5%	89,7 k €	+15.1%	77,9 k €	-27.5%	107,4 k €	-3.2%	110,9 k €	+21.1%	91,6 k €	-16.2%	109,3 k €	+22.4%	89,3 k €	-19.7%	111,2 k €	-5.2%	117,3 k €	+8.2%	108,4 k €	+4.2%	104,1 k €	+71.8%	60,6 k €	+467%	10,7 k €	+163%	-16,8 k €	+7.1%	-18,1 k €	-819%	2,5 k €	-51.8%	5,2 k €
Operating result	2,4 k €	-35.7%	3,8 k €	+626%	-724,2 €	-103%	27,6 k €	+68.6%	16,4 k €	-64.7%	46,3 k €	-5.7%	49,2 k €	+63.6%	30 k €	-37.3%	47,9 k €	+85.7%	25,8 k €	-46.4%	48,1 k €	-11.8%	54,5 k €	+19.7%	45,6 k €	+8.8%	41,9 k €	+76.0%	23,8 k €	+206%	-22,4 k €	+52.5%	-47,2 k €	-28.0%	-36,9 k €	+50.2%	-74,1 k €	-17541%	424,8 €
Net result	-11,4 k €	-62.6%	-7 k €	+46.9%	-13,2 k €	-198%	13,4 k €	+200%	4,5 k €	-79.4%	21,7 k €	-66.8%	65,2 k €	+313%	15,8 k €	-47.6%	30,2 k €	+835%	-4,1 k €	-113%	32,5 k €	-13.5%	37,6 k €	+39.7%	26,9 k €	+46.3%	18,4 k €	+792%	2,1 k €	+106%	-35,6 k €	+41.5%	-60,9 k €	-8.6%	-56,1 k €	-283%	-14,7 k €	-108%	172,8 k €
Balance sheet
Equity	542,4 k €	-2.8%	557,9 k €	-1.9%	568,9 k €	-2.9%	586,2 k €	+1.6%	576,8 k €	+0.1%	576,4 k €	+3.2%	558,6 k €	+15.0%	485,8 k €	+2.6%	473,5 k €	+5.9%	446,9 k €	-1.7%	454,6 k €	+6.8%	425,7 k €	+8.7%	391,6 k €	+6.3%	368,3 k €	+21.7%	302,7 k €	+225%	93,1 k €	-3.7%	96,7 k €	-38.7%	157,6 k €	-26.3%	213,8 k €	-6.4%	228,5 k €
Total assets	1,3 M €	-6.3%	1,3 M €	-2.0%	1,4 M €	-4.2%	1,4 M €	-4.1%	1,5 M €	-2.8%	1,5 M €	-2.8%	1,6 M €	-4.4%	1,6 M €	-3.2%	1,7 M €	-3.2%	1,8 M €	-4.2%	1,8 M €	+0.7%	1,8 M €	-5.9%	1,9 M €	-3.1%	2 M €	-1.2%	2 M €	+113%	948,4 k €	-2.9%	976,7 k €	+45.3%	672,1 k €	-0.6%	676,4 k €	+22.9%	550,4 k €
Cash	36,2 k €	-35.2%	55,9 k €	+57.1%	35,6 k €	-33.8%	53,7 k €	-4.2%	56,1 k €	+62.7%	34,5 k €	+1.5%	34 k €	+1094%	2,8 k €	+76.7%	1,6 k €	-83.2%	9,6 k €	-58.6%	23,1 k €	+98.9%	11,6 k €	+171%	4,3 k €	-94.8%	82,3 k €	+5497%	1,5 k €	-91.9%	18,2 k €	-60.8%	46,3 k €	+125%	20,6 k €	+553%	3,2 k €	-77.6%	14,1 k €
Debts	610,9 k €	-9.3%	673,7 k €	-1.8%	686,1 k €	-5.0%	722,5 k €	-8.0%	785,2 k €	-4.1%	818,6 k €	-6.7%	877,4 k €	-9.0%	963,9 k €	-5.7%	1 M €	-5.7%	1,1 M €	-6.6%	1,2 M €	-0.7%	1,2 M €	-10.7%	1,3 M €	-5.6%	1,4 M €	-7.1%	1,5 M €	+94.7%	766,8 k €	-4.8%	805,8 k €	+84.6%	436,5 k €	+14.3%	381,9 k €	+54.5%	247,2 k €
Other
Workforce	0,1 ETP	0.0%	0,1 ETP	0.0%	0,1 ETP	0.0%	0,1 ETP		–		–		–		–		–		–		–		–		0,2 ETP	-33.3%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 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 30/09/2025 · 2 active · 16 ended

Active mandates

Jean-Charles ULLENS DE SCHOOTEN WHETNALL

Director · until 06 mars 2026

Active

Renaud DE DECKER

Director · until 14 décembre 2029

Active

Ended mandates

Jean Charles ULLENS DE SCHOOTEN WHETNALL

Director · since 06 mars 2019 · until 28 février 2025

Ended

Jean-Charles Ullens De Schooten Whetnall

Director · since 06 mars 2019 · until 28 février 2025

Ended

Renaud DE DECKER

Director · since 06 mars 2019 · until 28 février 2025

Ended

Alexandre PYCKE

Managing director · since 26 février 2016 · until 25 février 2022

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/03/2026	23/04/2025	29/04/2024	20/04/2023	19/04/2022	13/04/2021
General meeting	06/03/2026	28/03/2025	22/03/2024	31/03/2023	01/03/2022	26/02/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	06/03/2026	18/03/2026	French	PDF
Abridged model	30/09/2024	28/03/2025	23/04/2025	French	PDF
Abridged model	30/09/2023	22/03/2024	29/04/2024	French	PDF
Abridged model	30/09/2022	31/03/2023	20/04/2023	French	PDF
Abridged model	30/09/2021	01/03/2022	19/04/2022	French	PDF
Abridged model	30/09/2020	26/02/2021	13/04/2021	French	PDF
Abridged model	30/09/2019	28/02/2020	23/04/2020	French	PDF
Abridged model	30/09/2018	22/02/2019	20/03/2019	French	PDF
Abridged model	30/09/2017	23/02/2018	22/03/2018	French	PDF
Abridged model	30/09/2016	24/02/2017	27/03/2017	French	PDF
Abridged model	30/09/2015	26/02/2016	25/03/2016	French	PDF
Abridged model	30/09/2014	27/02/2015	16/03/2015	French	PDF
Abridged model	30/09/2013	28/02/2014	24/04/2014	French	PDF
Abridged model	30/09/2012	22/02/2013	13/04/2013	French	PDF
Abridged model	30/09/2011	24/02/2012	24/04/2012	French	PDF
Abridged model	30/09/2010	25/02/2011	26/04/2011	French	PDF
Abridged model	30/09/2009	26/02/2010	29/03/2010	French	PDF
Abridged model	30/09/2008	27/02/2009	20/04/2009	French	PDF
Abridged model	30/09/2007	22/02/2008	06/05/2008	French	PDF
Abridged model	30/09/2006	23/02/2007	27/04/2007	French	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 30/09/2025 · 2 active · 16 ended

Active mandates

Jean-Charles ULLENS DE SCHOOTEN WHETNALL

Director · until 06 mars 2026

Active

Renaud DE DECKER

Director · until 14 décembre 2029

Active

Ended mandates

Jean Charles ULLENS DE SCHOOTEN WHETNALL

Director · since 06 mars 2019 · until 28 février 2025

Ended

Jean-Charles Ullens De Schooten Whetnall

Director · since 06 mars 2019 · until 28 février 2025

Ended

Renaud DE DECKER

Director · since 06 mars 2019 · until 28 février 2025

Ended

Alexandre PYCKE

Managing director · since 26 février 2016 · until 25 février 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/08/2026
Démission d'un administrateur
PDF
Other26/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/04/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates30/03/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates04/06/2013
DEMISSIONS, NOMINATIONS
PDF
Restructuring01/08/2011
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring09/06/2011
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates10/05/2010
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025-11,4 k €↓
2024
Annual accounts 2024-7 k €↑
2023
Annual accounts 2023-13,2 k €↓
2022
Annual accounts 202213,4 k €↑
2021
Annual accounts 20214,5 k €↓
2020
Annual accounts 202021,7 k €↓
2019
Annual accounts 201965,2 k €↑
2018
Annual accounts 201815,8 k €↓
2017
Annual accounts 201730,2 k €↑
2016
Annual accounts 2016-4,1 k €↓
2015
Annual accounts 201532,5 k €↓
2014
Annual accounts 201437,6 k €↑
2013
Annual accounts 201326,9 k €↑
2012
Annual accounts 201218,4 k €↑
2011
Annual accounts 20112,1 k €↑
2010
Annual accounts 2010-35,6 k €↑
2009
Annual accounts 2009-60,9 k €↓
2008
Annual accounts 2008-56,1 k €↓
2007
Annual accounts 2007-14,7 k €↓
2006
Annual accounts 2006172,8 k €
27/07/1992
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

FOREIGN OFFICE

Overview

What does FOREIGN OFFICE do?

Trend over 20 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