ACTIVE

FORMAT

Financial year 2025 · closed on 31/12/2025
Net result
-100,2 k €
-395.1% YoY
Gross margin
-5,2 k €
-262.1% YoY
Equity
-334,7 k €
-42.7% YoY

What does FORMAT do?

FORMAT is a Public limited company incorporated in 1996. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Turnhout.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.738.446
Incorporation
30/04/1996
Legal form
Public limited company
Registered office
Tieblokkenlaan 8
2300 Turnhout · FlandreSee on map
Contributed capital
104 115,28 €
Latest accounts
31/12/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-5,2 k €-1,4 k €-1,4 k €-1,7 k €-745,9 €-1,3 k €-2,3 k €-1,8 k €-2,0 k €-2,1 k €-1,8 k €-1,6 k €-1,7 k €-2,5 k €-5,1 k €-1,0 k €-531,7 €-684,1 €-191,6 €
EBITDA-6,6 k €-2,1 k €-2,0 k €-2,4 k €-29,0 k €-3,0 k €-6,9 k €-3,4 k €-3,6 k €-3,7 k €-3,4 k €-3,2 k €-3,2 k €-3,3 k €-23,8 k €-1,1 k €-930,2 €-1,1 k €-844,3 €
Operating result-6,6 k €-2,1 k €-2,0 k €-2,4 k €-29,0 k €-3,0 k €-6,9 k €-3,4 k €-3,6 k €-5,5 k €-5,2 k €-5,0 k €-5,0 k €-5,1 k €-23,8 k €-1,1 k €-930,2 €-1,1 k €-844,3 €
Net result-100,2 k €-20,2 k €-19,5 k €-16,8 k €-46,6 k €-21,6 k €-23,5 k €-20,9 k €-25,3 k €-29,3 k €-21,2 k €-18,3 k €-15,1 k €-12,8 k €-18,6 k €7,0 k €-1,0 k €2,3 k €-927,8 €
Balance sheet
Equity-334,7 k €-234,5 k €-214,3 k €-194,8 k €-177,9 k €-131,3 k €-109,7 k €-86,3 k €-65,3 k €-40,0 k €-10,7 k €10,5 k €28,8 k €43,8 k €56,6 k €75,3 k €68,2 k €69,2 k €66,9 k €
Total assets1,9 M €385,1 k €385,5 k €385,6 k €385,7 k €385,2 k €385,6 k €385,2 k €385,0 k €385,4 k €387,2 k €389,1 k €390,8 k €392,4 k €387,5 k €75,3 k €68,3 k €70,1 k €66,9 k €
Cash1,1 k €118,9 €536,2 €637,0 €742,9 €237,0 €623,0 €206,0 €470,0 €2,1 k €2,2 k €1,9 k €2,0 k €
Debts2,3 M €618,9 k €599,1 k €580,4 k €562,9 k €516,6 k €495,3 k €471,4 k €450,2 k €424,9 k €397,5 k €378,1 k €361,5 k €348,5 k €330,8 k €852,8 €
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 18 ended

Active mandates

Chrstiaan Gilis

Director · since 17 octobre 2024

Active

Ended mandates

Christiaan Gilis

Director · since 17 octobre 2024

Ended
Christiaan Gilis

Managing director · since 03 décembre 2019 · until 03 décembre 2025

Ended
Christiaan Gilis

Managing director · since 01 décembre 2019 · until 03 décembre 2025

Ended
Christiaan Gilis

Managing director · since 03 décembre 2013

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year18 months12 months12 months12 months12 months12 months
Filing date09/07/202620/12/202420/12/202303/01/202320/12/202106/01/2021
General meeting09/06/202603/12/202405/12/202306/12/202207/12/202101/12/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202509/06/202609/07/2026DutchPDF
Micro model30/06/202403/12/202420/12/2024DutchPDF
Micro model30/06/202305/12/202320/12/2023DutchPDF
Micro model30/06/202206/12/202203/01/2023DutchPDF
Micro model30/06/202107/12/202120/12/2021DutchPDF
Abridged model30/06/202001/12/202006/01/2021DutchPDF
Abridged model30/06/201903/12/201920/01/2020DutchPDF
Abridged model30/06/201804/12/201807/01/2019DutchPDF
Abridged model30/06/201705/12/201710/01/2018DutchPDF
Abridged model30/06/201606/12/201629/12/2016DutchPDF
Abridged model30/06/201501/12/201531/12/2015DutchPDF
Abridged model30/06/201402/12/201412/01/2015DutchPDF
Abridged model30/06/201303/12/201330/01/2014DutchPDF
Abridged model30/06/201204/12/201215/02/2013DutchPDF
Abridged model30/06/201106/12/201106/01/2012DutchPDF
Abridged model30/06/201001/12/201021/02/2011DutchPDF
Abridged model30/06/200901/12/200922/12/2009DutchPDF
Abridged model30/06/200801/12/200823/12/2008DutchPDF
Abridged model30/06/200704/12/200718/02/2008DutchPDF
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 31/12/2025 · 1 active · 18 ended

Active mandates

Chrstiaan Gilis

Director · since 17 octobre 2024

Active

Ended mandates

Christiaan Gilis

Director · since 17 octobre 2024

Ended
Christiaan Gilis

Managing director · since 03 décembre 2019 · until 03 décembre 2025

Ended
Christiaan Gilis

Managing director · since 01 décembre 2019 · until 03 décembre 2025

Ended
Christiaan Gilis

Managing director · since 03 décembre 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates19/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/07/2011
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates11/03/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2004
    ONTSLAGEN - BENOEMINGEN
    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 2025-100,2 k €
  2. 2024
    Annual accounts 2024-20,2 k €
  3. 2023
    Annual accounts 2023-19,5 k €
  4. 2022
    Annual accounts 2022-16,8 k €
  5. 2021
    Annual accounts 2021-46,6 k €
  6. 2020
    Annual accounts 2020-21,6 k €
  7. 2019
    Annual accounts 2019-23,5 k €
  8. 2018
    Annual accounts 2018-20,9 k €
  9. 2017
    Annual accounts 2017-25,3 k €
  10. 2016
    Annual accounts 2016-29,3 k €
  11. 2015
    Annual accounts 2015-21,2 k €
  12. 2014
    Annual accounts 2014-18,3 k €
  13. 2013
    Annual accounts 2013-15,1 k €
  14. 2012
    Annual accounts 2012-12,8 k €
  15. 2011
    Annual accounts 2011-18,6 k €
  16. 2010
    Annual accounts 20107,0 k €
  17. 2009
    Annual accounts 2009-1,0 k €
  18. 2008
    Annual accounts 20082,3 k €
  19. 2007
    Annual accounts 2007-927,8 €
  20. 30/04/1996
    IncorporationPublic limited company