NORMAL SITUATION

FORM+

Financial year 2021 · closed on 31/12/2021
Net result
-49,0 k €
-1274.6% YoY
Gross margin
46,3 k €
-70.1% YoY
Equity
-15,8 k €
-147.4% YoY
Workforce
1,2 ETP
-58.6% YoY

Company — Normal situation.

What does FORM+ do?

FORM+ is a company registered in Belgium. It employs on average 1,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.147.621
Legal form
Private company with limited liability
Contributed capital
18 592,01 €
Latest accounts
31/12/2021
Average workforce
1,2 ETP
Joint committees (2)
  • 100
  • 200
Signals
Healthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin46,3 k €154,8 k €203,5 k €158,8 k €150,7 k €50,1 k €4,4 k €7,3 k €9,7 k €-3,2 k €4,0 k €-8,2 k €13,4 k €10,7 k €8,5 k €22,1 k €
EBITDA-757,0 €56,1 k €86,3 k €51,6 k €59,9 k €-2,3 k €2,7 k €5,6 k €8,4 k €-4,6 k €1,1 k €-10,3 k €11,2 k €8,3 k €5,6 k €17,0 k €
Operating result-34,9 k €13,7 k €43,8 k €14,8 k €26,3 k €-28,5 k €2,7 k €5,6 k €8,4 k €-4,6 k €-7,9 k €-16,0 k €2,8 k €-3,8 k €-6,4 k €6,4 k €
Net result-49,0 k €4,2 k €29,3 k €147,8 €14,6 k €-36,9 k €503,2 €2,5 k €6,6 k €-6,7 k €-9,7 k €-15,3 k €-58,4 €-2,4 k €-6,8 k €4,9 k €
Balance sheet
Equity-15,8 k €33,3 k €30,2 k €807,8 €660,0 €-13,9 k €22,9 k €22,4 k €19,9 k €13,3 k €20,0 k €29,7 k €45,0 k €45,1 k €47,5 k €54,4 k €
Total assets502,4 k €526,4 k €500,9 k €412,7 k €454,3 k €357,1 k €188,3 k €124,7 k €91,9 k €42,7 k €57,5 k €56,7 k €59,7 k €55,2 k €66,8 k €81,9 k €
Cash40,5 k €3,6 k €60,6 k €41,3 k €3,8 k €1,3 k €9,8 k €3,7 k €2,4 k €13,2 k €8,0 k €45,7 €21,0 k €
Debts518,2 k €491,8 k €464,7 k €408,6 k €452,8 k €370,2 k €165,4 k €102,2 k €72,0 k €29,4 k €37,5 k €27,0 k €14,4 k €10,1 k €19,3 k €27,6 k €
Other
Workforce1,2 ETP2,9 ETP3,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 5 ended

Active mandates

David COUVREUR

Director

Active

Ended mandates

GOLISCO Comm.V

Manager · since 14 mars 2018 · until 31 décembre 2018 · 0692.523.679

Represented by David COUVREUR

Ended
DAVID COUVREUR

Manager · since 21 mars 2014

Ended
David COUVREUR

Manager

Ended
GEORGES COUVREUR

Manager · until 21 mars 2014

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/10/202221/09/202127/05/202017/07/201915/03/201831/08/2017
General meeting19/09/202218/06/202105/05/202029/06/201909/03/201831/08/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

29 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202119/09/202203/10/2022DutchPDF
Abridged model31/12/202018/06/202121/09/2021DutchPDF
Abridged model31/12/201905/05/202027/05/2020DutchPDF
Micro model31/12/201829/06/201917/07/2019DutchPDF
Micro model31/12/201709/03/201815/03/2018DutchPDF
Micro model31/12/201631/08/201731/08/2017DutchPDF
Abridged model31/12/201527/05/201629/08/2016DutchPDF
Abridged model31/12/201429/05/201526/08/2015DutchPDF
Abridged model31/12/201323/05/201429/08/2014DutchPDF
Abridged model31/12/201227/05/201329/08/2013DutchPDF
Abridged model31/12/201128/05/201231/08/2012DutchPDF
Abridged model31/12/201020/05/201125/08/2011DutchPDF
Abridged model31/12/200928/05/201031/08/2010DutchPDF
Abridged model31/12/200822/05/200927/08/2009DutchPDF
Abridged model31/12/200723/05/200809/10/2008DutchPDF
Abridged model31/12/200625/05/200731/08/2007DutchPDF
Abridged model31/12/200526/05/200629/09/2006DutchPDF
Abridged model31/12/200427/05/200525/11/2005DutchPDF
Abridged model31/12/200328/05/200430/11/2004DutchPDF
Abridged model31/12/200223/05/200306/05/2004DutchPDF
Abridged model31/12/200124/05/200230/12/2002DutchPDF
Abridged model31/12/200025/05/200112/10/2001DutchPDF
Abridged model31/12/199926/05/200019/10/2000DutchPDF
Abridged model31/12/199828/05/199928/09/1999DutchPDF

View all 29 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 5 ended

Active mandates

David COUVREUR

Director

Active

Ended mandates

GOLISCO Comm.V

Manager · since 14 mars 2018 · until 31 décembre 2018 · 0692.523.679

Represented by David COUVREUR

Ended
DAVID COUVREUR

Manager · since 21 mars 2014

Ended
David COUVREUR

Manager

Ended
GEORGES COUVREUR

Manager · until 21 mars 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution21/10/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates28/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/04/2014
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2021
    Annual accounts 2021-49,0 k €
  2. 2020
    Annual accounts 20204,2 k €
  3. 2019
    Annual accounts 201929,3 k €
  4. 2018
    Annual accounts 2018147,8 €
  5. 2017
    Annual accounts 201714,6 k €
  6. 2016
    Annual accounts 2016-36,9 k €
  7. 2015
    Annual accounts 2015503,2 €
  8. 2014
    Annual accounts 20142,5 k €
  9. 2013
    Annual accounts 20136,6 k €
  10. 2012
    Annual accounts 2012-6,7 k €
  11. 2011
    Annual accounts 2011-9,7 k €
  12. 2010
    Annual accounts 2010-15,3 k €
  13. 2009
    Annual accounts 2009-58,4 €
  14. 2008
    Annual accounts 2008-2,4 k €
  15. 2007
    Annual accounts 2007-6,8 k €
  16. 2006
    Annual accounts 20064,9 k €