ACTIVE

FORMA GROUP

Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €+1 951,1 %over 1 year
Revenue2,7 M €+2 185,1 %over 1 year
Equity1,5 M €+2 049,9 %over 1 year
Workforce0,7 ETP

Identity

Source · BCE/KBO

FORMA GROUP is a Private limited company incorporated in 1993. Its main activity is: Agents involved in the sale of a variety of goods. Its registered office is in Aubange. It employs on average 0,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.877.378
Incorporation
23/09/1993
Legal form
Private limited company
Registered office
Complexe douanier - AUBANGE S/N
6790 Aubange · Wallonie
Contributed capital
11 315,00 €
Latest accounts
31/12/2025
Average workforce
0,7 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue2,7 M €119,5 k €–––
EBITDA1,9 M €112,7 k €-1,8 k €28,2 k €-2 k €
Operating result1,9 M €112,7 k €-1,8 k €28,2 k €-2 k €
Net result1,4 M €68,9 k €-3,3 k €28,1 k €-2,5 k €
Balance sheet
Equity1,5 M €69 k €-11 k €-7,7 k €-35,9 k €
Total assets2,7 M €988,5 k €304 €1,8 k €30,5 €
Cash1,5 M €120,5 k €18,7 €1,8 k €30,5 €
Debts1,2 M €919,5 k €11,3 k €9,6 k €35,9 k €
Other
Workforce0,7 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Leon HORNERO
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Calogero SARDO
Director19/02/2018 → 2023 accountsManager19/02/2018 → 2019 accounts
Laurent DELRUELLE
Manager19/02/2018 → 2019 accounts

Other companies at this address

Complexe douanier - AUBANGE S/N 6790 Aubange
CompanyCBE no.
ACOMATRA● Active
0415.867.704

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/10/202607/08/202528/06/202427/06/202315/07/202216/08/2021
General meeting09/09/202624/07/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/09/202613/10/2026FrenchPDF
Abridged model31/12/202424/07/202507/08/2025FrenchPDF
Micro model31/12/202321/06/202428/06/2024FrenchPDF
Micro model31/12/202216/06/202327/06/2023FrenchPDF
Micro model31/12/202117/06/202215/07/2022FrenchPDF
Micro model31/12/202018/06/202116/08/2021FrenchPDF
Micro model31/12/201919/06/202017/07/2020FrenchPDF
Micro model31/12/201823/09/201926/09/2019FrenchPDF
Micro model30/06/201708/01/201818/01/2018FrenchPDF
Abridged model30/06/201613/01/201728/02/2017FrenchPDF
Abridged model30/06/201514/01/201629/03/2016FrenchPDF
Abridged model30/06/201406/01/201526/02/2015FrenchPDF
Abridged model30/06/201310/02/201427/02/2014FrenchPDF
Abridged model30/06/201211/02/201320/03/2013FrenchPDF
Abridged model30/06/201115/02/201229/02/2012FrenchPDF
Abridged model30/06/201004/02/201128/02/2011FrenchPDF
Abridged model30/06/200913/02/201028/02/2010FrenchPDF
Abridged model30/06/200813/02/200916/02/2009FrenchPDF
Abridged model30/06/200701/02/200813/02/2008FrenchPDF
Abridged model30/06/200611/01/200731/01/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 31/12/2025

1 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Leon HORNERO
Mandate

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Calogero SARDO
Director19/02/2018 → 2023 accountsManager19/02/2018 → 2019 accounts
Laurent DELRUELLE
Manager19/02/2018 → 2019 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/11/2024
    MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office24/03/2021
    SIEGE SOCIAL
    PDF
  • Mandates14/05/2018
    DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates06/03/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/01/2003
    DEMISSIONS, NOMINATIONS - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE - CAPITAL, ACTIONS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Leon HORNERO
Laurent DELRUELLE
Calogero SARDO
JEAN PAUL FERBACH
JOELLE FOSTIER
1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
FORMA GROUP
Complexe douanier - AUBANGE S/N, 6790 AubangeCHAUSSEE DE TONGRES 363, 4000 Liège
Manager
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Complexe douanier - AUBANGE S/N, 6790 AubangeCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00562583
CHAUSSEE DE TONGRES 363, 4000 Liège
accounts 2021 → 2023
Accounts 2023 · 2024-00190138

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FORMA GROUPCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00562583

Events

  1. 2025
    Annual accounts 20251,4 M €↑
  2. 2024
    Annual accounts 202468,9 k €↑
  3. 2023
    Annual accounts 2023-3,3 k €↓
  4. 2022
    Annual accounts 202228,1 k €↑
  5. 2021
    Annual accounts 2021-2,5 k €↑
  6. 2020
    Annual accounts 2020-4,1 k €↓
  7. 2019
    Annual accounts 2019-3,1 k €↑
  8. 2018
    Annual accounts 2018-29,1 k €↓
  9. 2017
    Annual accounts 2017-1,6 k €↑
  10. 2016
    Annual accounts 2016-2,4 k €↓
  11. 2015
    Annual accounts 2015-2,2 k €↑
  12. 2014
    Annual accounts 2014-7,2 k €↑
  13. 2013
    Annual accounts 2013-23 k €↓
  14. 2012
    Annual accounts 2012-20,9 k €↓
  15. 2011
    Annual accounts 20117,3 k €↓
  16. 2010
    Annual accounts 201035,4 k €↑
  17. 2009
    Annual accounts 20092,4 k €↓
  18. 2008
    Annual accounts 20088,7 k €↑
  19. 2007
    Annual accounts 2007815,4 €
  20. 23/09/1993
    IncorporationPrivate limited company