FORMULE S
0448.919.265 · rovalta.com · 22/09/2026
ACTIVE
FORMULE S
Financial year 2025 · closed on 31/12/2025
Net result
-6,6 k €
-13.6% YoY
Gross margin
-2,1 k €
-60.4% YoY
Equity
-189,7 k €
-3.6% YoY
Overview
What does FORMULE S do?
FORMULE S is a Public limited company incorporated in 1992. Its main activity is: Sports activities and amusement and recreation activities. Its registered office is in Ninove.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.919.265
Incorporation
01/12/1992
Legal form
Public limited company
Registered office
Echel 41
9401 Ninove · FlandreSee on map
9401 Ninove · FlandreSee on map
Contributed capital
61 975,00 €
Latest accounts
31/12/2025
Activities (NACE)
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | -2,1 k € | -60.4% | -1,3 k € | -193% | 1,4 k € | +160% | -2,3 k € | -316% | 1,1 k € | -83.0% | 6,3 k € | +410% | -2 k € | -248% | 1,4 k € | -73.3% | 5,2 k € | -13.9% | 6 k € | +2188% | 261,9 € | +117% | -1,5 k € | -123% | 6,8 k € | -20.8% | 8,6 k € | +693% | 1,1 k € | -12.0% | 1,2 k € | +113% | -9,2 k € | -94.4% | -4,7 k € |
| EBITDA | -5,4 k € | -19.8% | -4,5 k € | -161% | -1,7 k € | +67.6% | -5,3 k € | -202% | -1,8 k € | -149% | 3,6 k € | +176% | -4,7 k € | -256% | -1,3 k € | -156% | 2,4 k € | -4.8% | 2,5 k € | +201% | -2,5 k € | +40.1% | -4,1 k € | -200% | 4,1 k € | -34.3% | 6,3 k € | +516% | -1,5 k € | +13.0% | -1,7 k € | +89.8% | -16,9 k € | -123% | -7,6 k € |
| Operating result | -6,4 k € | -16.1% | -5,5 k € | -78.5% | -3,1 k € | +61.4% | -8 k € | -92.8% | -4,1 k € | -254% | 2,7 k € | +142% | -6,4 k € | -116% | -3 k € | -731% | 473,2 € | +168% | -700,3 € | +87.1% | -5,4 k € | +57.2% | -12,7 k € | -158% | -4,9 k € | -40.5% | -3,5 k € | +68.0% | -10,9 k € | +2.3% | -11,2 k € | +58.3% | -26,9 k € | -18.4% | -22,7 k € |
| Net result | -6,6 k € | -13.6% | -5,8 k € | -79.4% | -3,2 k € | +63.6% | -8,8 k € | -108% | -4,3 k € | -263% | 2,6 k € | +140% | -6,5 k € | -113% | -3 k € | -820% | 422,7 € | +160% | -704,7 € | +87.2% | -5,5 k € | +57.1% | -12,9 k € | -158% | -5 k € | -40.6% | -3,6 k € | +67.7% | -11 k € | +0.6% | -11,1 k € | +58.0% | -26,4 k € | -20.4% | -21,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | -189,7 k € | -3.6% | -183,1 k € | -3.3% | -177,3 k € | -1.8% | -174,1 k € | -5.4% | -165,3 k € | -1.8% | -162,3 k € | +1.6% | -165 k € | -4.1% | -158,5 k € | -2.0% | -155,4 k € | +0.3% | -155,8 k € | -0.5% | -155,1 k € | -3.7% | -149,6 k € | -9.4% | -136,7 k € | -3.8% | -131,7 k € | -2.8% | -128,2 k € | -9.4% | -117,1 k € | -10.5% | -106 k € | -33.2% | -79,6 k € |
| Total assets | 22,3 k € | -12.1% | 25,4 k € | +9.0% | 23,3 k € | -5.9% | 24,7 k € | -9.3% | 27,3 k € | -11.8% | 30,9 k € | +32.9% | 23,3 k € | -13.3% | 26,8 k € | -6.5% | 28,7 k € | +3.3% | 27,8 k € | +7.5% | 25,8 k € | -1.5% | 26,2 k € | -32.2% | 38,7 k € | -17.1% | 46,7 k € | -13.1% | 53,7 k € | -13.7% | 62,2 k € | -9.0% | 68,3 k € | -24.4% | 90,4 k € |
| Cash | 1,7 k € | -60.0% | 4,2 k € | +77.8% | 2,4 k € | -14.1% | 2,7 k € | -38.5% | 4,5 k € | -54.6% | 9,8 k € | +184% | 3,5 k € | -10.7% | 3,9 k € | -41.9% | 6,7 k € | -1.6% | 6,8 k € | +23.0% | 5,5 k € | +221% | 1,7 k € | -74.3% | 6,7 k € | +204% | 2,2 k € | -32.5% | 3,3 k € | -8.7% | 3,6 k € | -78.8% | 16,8 k € | -42.3% | 29,1 k € |
| Debts | 212 k € | +1.7% | 208,4 k € | +4.0% | 200,4 k € | +0.9% | 198,7 k € | +3.3% | 192,3 k € | -0.3% | 192,9 k € | +2.5% | 188,2 k € | +1.6% | 185,3 k € | +0.6% | 184,1 k € | +0.3% | 183,6 k € | +1.5% | 181 k € | +2.9% | 175,8 k € | +0.2% | 175,4 k € | -0.1% | 175,6 k € | -3.4% | 181,9 k € | +1.4% | 179,3 k € | +2.8% | 174,4 k € | +2.5% | 170,1 k € |
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 15 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Abigalle● Active | 0427.963.208 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 17/06/2026 | 16/07/2025 | 10/06/2024 | 27/06/2023 | 23/06/2022 | 23/06/2021 |
| General meeting | 25/05/2026 | 23/06/2025 | 27/05/2024 | 29/05/2023 | 30/05/2022 | 14/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 25/05/2026 | 17/06/2026 | Dutch | |
| Micro model | 31/12/2024 | 23/06/2025 | 16/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 27/05/2024 | 10/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 29/05/2023 | 27/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 30/05/2022 | 23/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 14/06/2021 | 23/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 15/06/2020 | 14/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 31/07/2019 | 29/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 18/06/2018 | 16/07/2018 | Dutch | |
| Micro model | 31/12/2016 | 07/08/2017 | 21/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 08/08/2016 | 29/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 14/07/2015 | 12/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 29/09/2014 | 30/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/08/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/08/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 31/08/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 29/08/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 29/11/2009 | 30/11/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/08/2008 | 31/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/10/2007 | 31/10/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 15 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-6,6 k €↓
- 2024Annual accounts 2024-5,8 k €↓
- 2023Annual accounts 2023-3,2 k €↑
- 2022Annual accounts 2022-8,8 k €↓
- 2021Annual accounts 2021-4,3 k €↓
- 2018Annual accounts 20182,6 k €↑
- 2017Annual accounts 2017-6,5 k €↓
- 2016Annual accounts 2016-3 k €↓
- 2015Annual accounts 2015422,7 €↑
- 2014Annual accounts 2014-704,7 €↑
- 2013Annual accounts 2013-5,5 k €↑
- 2012Annual accounts 2012-12,9 k €↓
- 2011Annual accounts 2011-5 k €↓
- 2010Annual accounts 2010-3,6 k €↑
- 2009Annual accounts 2009-11 k €↑
- 2008Annual accounts 2008-11,1 k €↑
- 2007Annual accounts 2007-26,4 k €↓
- 2006Annual accounts 2006-21,9 k €
- 01/12/1992IncorporationPublic limited company