ACTIVE

FOURNIPAC

Financial year 2025 · closed on 31/12/2025
Net result
-228,2 k €
-23.1% YoY
Revenue
3,7 M €
-4.5% YoY
Equity
335,7 k €
-45.4% YoY
Workforce
95,0 ETP
-1.1% YoY

What does FOURNIPAC do?

FOURNIPAC is a Non-profit organization incorporated in 1995. Its registered office is in Andenne. It employs on average 95,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.234.739
Incorporation
14/12/1995
Legal form
Non-profit organization
Registered office
Rue Géron 14
5300 Andenne · WallonieSee on map
Contributed capital
545 890,00 €
Latest accounts
31/12/2025
Average workforce
95,0 ETP
Joint committees (1)
  • 32703
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue3,7 M €3,9 M €4 M €3,6 M €3,7 M €3,3 M €3,4 M €3,2 M €3,1 M €2,8 M €2,6 M €2,5 M €2,4 M €2 M €1,6 M €1,4 M €1,3 M €1,4 M €
EBITDA175 k €94,1 k €-270,4 k €-24,9 k €399,8 k €273,6 k €371,8 k €384,6 k €441,5 k €282,1 k €261,2 k €185,2 k €173,3 k €102,6 k €-62,9 k €-127,9 k €-58,6 k €11,4 k €
Operating result-212,8 k €-179,1 k €-572,9 k €-354,3 k €105,5 k €-24,5 k €93,7 k €90,7 k €185,3 k €37,5 k €49,6 k €16,6 k €8,2 k €-66,7 k €-230 k €-301,2 k €-254,8 k €-127,9 k €
Net result-228,2 k €-185,4 k €-563,8 k €-317,9 k €148,7 k €21,4 k €129,9 k €101,5 k €200,3 k €50,5 k €111,9 k €29,3 k €2,1 k €-71 k €-187,3 k €-58,8 k €-24,6 k €301,4 k €
Balance sheet
Equity335,7 k €614,4 k €856,6 k €1,5 M €1,9 M €1,8 M €1,8 M €1,7 M €1,6 M €1,5 M €1,4 M €1,2 M €1,2 M €1,2 M €1,3 M €1,5 M €1,3 M €1,3 M €
Total assets3 M €2,8 M €2,8 M €3,2 M €3,4 M €3,2 M €3,5 M €3,6 M €3,4 M €3,4 M €3,3 M €2,9 M €2,9 M €3 M €3 M €3,2 M €3,1 M €2 M €
Cash832,4 k €477,1 k €209,9 k €195,1 k €330,3 k €106,5 k €278,2 k €269,6 k €131,1 k €62,1 k €90,6 k €88,6 k €38,6 k €57,1 k €60,6 k €4,3 k €4,5 k €49,6 k €
Debts1,7 M €1,8 M €1,9 M €1,3 M €1,5 M €1,4 M €1,7 M €1,9 M €1,8 M €2 M €1,9 M €1,6 M €1,7 M €1,8 M €1,7 M €1,8 M €1,8 M €613,7 k €
Other
Workforce95,0 ETP96,1 ETP116,9 ETP114,7 ETP111,8 ETP111,5 ETP107,5 ETP104,7 ETP95,6 ETP92,7 ETP89,0 ETP82,1 ETP78,4 ETP67,0 ETP59,0 ETP59,0 ETP60,0 ETP58,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 24 ended

Active mandates

Anne AVAUX

Director · since 17 juin 2025 · until 17 juin 2031

Active
Charles MELOT

Director · since 17 juin 2025 · until 17 juin 2031

Active
Dominique LOROY

Director · since 17 juin 2025 · until 17 juin 2031

Active
François DAVREUX

Director · since 17 juin 2025 · until 17 juin 2031

Active
Laurence SOETENS

Director · since 17 juin 2025 · until 17 juin 2031

Active
Michel BIZAC

Director · since 17 juin 2025 · until 17 juin 2031

Active
Michel POOT BAUDIER

Director · since 17 juin 2025 · until 17 juin 2031

Active
Muriel DUROY

Director · since 17 juin 2025 · until 17 juin 2031

Active
Pierre GUSTIN

Director · since 17 juin 2025 · until 17 juin 2031

Active
Gérard NAHON

Director · since 27 avril 2023 · until 27 avril 2029

Active
François DEVENIJN

Director · since 29 avril 2021 · until 29 avril 2027

Active
Jarek CZERWICE

Director · since 26 juin 2019 · until 26 avril 2025

Active

Ended mandates

Gérard NAHON

Chairman of the board of directors · since 27 avril 2023 · until 27 avril 2029

Ended
Renaud SUINEN

Director · since 27 avril 2023 · until 27 avril 2029

Ended
François DEVENIJN

Director · since 21 avril 2022 · until 21 avril 2028

Ended
André-Marie REULIAUX

Director · since 26 avril 2019 · until 26 avril 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date21/04/202616/07/202504/12/202424/05/202314/07/202201/07/2021
General meeting23/03/202617/06/202528/06/202427/04/202321/04/202229/04/2021
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

24 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/03/202621/04/2026FrenchPDF
Abridged model31/12/202417/06/202516/07/2025FrenchPDF
Abridged modelCorrection31/12/202328/06/202404/12/2024FrenchPDF
Abridged model31/12/202328/06/202424/07/2024FrenchPDF
Abridged model31/12/202227/04/202324/05/2023FrenchPDF
Abridged modelCorrection31/12/202121/04/202214/07/2022FrenchPDF
Abridged model31/12/202121/04/202211/05/2022FrenchPDF
Abridged modelCorrection31/12/202029/04/202101/07/2021FrenchPDF
Abridged model31/12/202029/04/202117/06/2021FrenchPDF
Abridged model31/12/201908/07/202011/08/2020FrenchPDF
Abridged model31/12/201826/04/201923/05/2019FrenchPDF
Abridged model31/12/201724/04/201807/05/2018FrenchPDF
Abridged model31/12/201627/04/201704/05/2017FrenchPDF
Abridged model31/12/201528/04/201612/05/2016FrenchPDF
Abridged model31/12/201427/04/201518/06/2015FrenchPDF
Abridged model31/12/201314/05/201418/06/2014FrenchPDF
Abridged model31/12/201223/05/201302/07/2013FrenchPDF
Abridged model31/12/201116/05/201227/06/2012FrenchPDF
Abridged model31/12/201018/05/201131/08/2011FrenchPDF
Abridged modelCorrection31/12/200919/05/201018/10/2010FrenchPDF
Abridged model31/12/200919/05/201015/07/2010FrenchPDF
Abridged model31/12/200806/05/200914/07/2009FrenchPDF
Abridged model31/12/200722/05/200831/07/2008FrenchPDF
Abridged model31/12/200628/03/200701/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 24 ended

Active mandates

Anne AVAUX

Director · since 17 juin 2025 · until 17 juin 2031

Active
Charles MELOT

Director · since 17 juin 2025 · until 17 juin 2031

Active
Dominique LOROY

Director · since 17 juin 2025 · until 17 juin 2031

Active
François DAVREUX

Director · since 17 juin 2025 · until 17 juin 2031

Active
Laurence SOETENS

Director · since 17 juin 2025 · until 17 juin 2031

Active
Michel BIZAC

Director · since 17 juin 2025 · until 17 juin 2031

Active
Michel POOT BAUDIER

Director · since 17 juin 2025 · until 17 juin 2031

Active
Muriel DUROY

Director · since 17 juin 2025 · until 17 juin 2031

Active
Pierre GUSTIN

Director · since 17 juin 2025 · until 17 juin 2031

Active
Gérard NAHON

Director · since 27 avril 2023 · until 27 avril 2029

Active
François DEVENIJN

Director · since 29 avril 2021 · until 29 avril 2027

Active
Jarek CZERWICE

Director · since 26 juin 2019 · until 26 avril 2025

Active

Ended mandates

Gérard NAHON

Chairman of the board of directors · since 27 avril 2023 · until 27 avril 2029

Ended
Renaud SUINEN

Director · since 27 avril 2023 · until 27 avril 2029

Ended
François DEVENIJN

Director · since 21 avril 2022 · until 21 avril 2028

Ended
André-Marie REULIAUX

Director · since 26 avril 2019 · until 26 avril 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/04/2026
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other17/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates18/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/06/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/05/2021
    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

Timeline

  1. 2025
    Annual accounts 2025-228,2 k €
  2. 2024
    Annual accounts 2024-185,4 k €
  3. 2023
    Annual accounts 2023-563,8 k €
  4. 2022
    Annual accounts 2022-317,9 k €
  5. 2021
    Annual accounts 2021148,7 k €
  6. 2020
    Annual accounts 202021,4 k €
  7. 2019
    Annual accounts 2019129,9 k €
  8. 2018
    Annual accounts 2018101,5 k €
  9. 2017
    Annual accounts 2017200,3 k €
  10. 2016
    Annual accounts 201650,5 k €
  11. 2015
    Annual accounts 2015111,9 k €
  12. 2014
    Annual accounts 201429,3 k €
  13. 2013
    Annual accounts 20132,1 k €
  14. 2012
    Annual accounts 2012-71 k €
  15. 2011
    Annual accounts 2011-187,3 k €
  16. 2010
    Annual accounts 2010-58,8 k €
  17. 2009
    Annual accounts 2009-24,6 k €
  18. 2008
    Annual accounts 2008301,4 k €
  19. 14/12/1995
    IncorporationNon-profit organization