ACTIVE

FOREVER PRODUCTS

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €-12,3 %over 1 year
Revenue24,2 M €-3,8 %over 1 year
Equity8,4 M €+19,0 %over 1 year
Workforce44,3 ETP-1,8 %over 1 year

Identity

Source · BCE/KBO

FOREVER PRODUCTS is a Public limited company incorporated in 1997. Its main activity is: Manufacture of paints, varnishes and similar coatings, printing ink and mastics. Its registered office is in Courcelles. It employs on average 44,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.786.037
Incorporation
10/01/1997
Legal form
Public limited company
Registered office
Rue de la Glacerie(CO) 122
6180 Courcelles · WallonieSee on map
Contributed capital
1 180 000,00 €
Latest accounts
31/12/2025
Average workforce
44,3 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue24,2 M €25,1 M €24 M €23,2 M €20,1 M €
EBITDA2,9 M €3,1 M €2,8 M €2,6 M €2,5 M €
Operating result2,3 M €2,6 M €2,4 M €2,1 M €2 M €
Net result1,3 M €1,5 M €1,4 M €1,2 M €1,2 M €
Balance sheet
Equity8,4 M €7,1 M €5,5 M €4,2 M €4 M €
Total assets13,5 M €12,1 M €10,9 M €10,4 M €10,5 M €
Cash1,9 M €660,6 k €208,7 k €610,3 k €697,1 k €
Debts3,9 M €4,2 M €4,4 M €5,5 M €6 M €
Other
Workforce44,3 ETP45,1 ETP43,8 ETP42,8 ETP43,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriod
Olivier Blondeau
Managing director16/11/2005 → 11/05/2027Chairman of the board of directors22/10/2003 → 2013 accountsended
Philippe Blondeau
Director22/10/2003 → 11/05/2027

Ended mandates

DirectorMandates in this companyPeriod
Blondeau SASRepresented by Olivier Blondeau
Director03/06/2015 → 2015 accounts
BLONDEAU SAS SERepresented by Olivier BLONDEAU
Chairman of the board of directors03/06/2015 → 2016 accounts
Blondeau SAS SETRepresented by Olivier Blondeau
Director03/06/2015 → 2019 accounts

Other companies at this address

Rue de la Glacerie(CO) 122 6180 Courcelles
CompanyCBE no.
MY AMOR TRANSPORT● Active
0723.998.003
SAKIJA IMMO● Active
0656.705.935
THERMAC● Active
0439.811.262
TRANSAFLO● Active
0474.595.858
VEGAweb● Active
1030.574.124

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date26/05/202613/05/202521/05/202430/05/202320/06/202204/06/2021
General meeting21/05/202624/04/202525/04/202427/04/202325/05/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202521/05/202626/05/2026FrenchPDF
Full model31/12/202424/04/202513/05/2025FrenchPDF
Full model31/12/202325/04/202421/05/2024FrenchPDF
Full model31/12/202227/04/202330/05/2023FrenchPDF
Full model31/12/202125/05/202220/06/2022FrenchPDF
Full model31/12/202011/05/202104/06/2021FrenchPDF
Full model31/12/201922/07/202026/08/2020FrenchPDF
Full model31/12/201822/05/201903/06/2019FrenchPDF
Full model31/12/201725/04/201808/05/2018FrenchPDF
Full model31/12/201617/05/201706/07/2017FrenchPDF
Full model31/12/201501/06/201614/06/2016FrenchPDF
Full model31/12/201403/06/201529/07/2015FrenchPDF
Full model31/12/201322/05/201426/05/2014FrenchPDF
Full model31/12/201215/05/201322/05/2013FrenchPDF
Full model31/12/201122/05/201218/06/2012FrenchPDF
Full model31/12/201018/05/201123/06/2011FrenchPDF
Full model31/12/200919/05/201018/06/2010FrenchPDF
Full model31/12/200826/05/200922/06/2009FrenchPDF
Full model31/12/200729/05/200809/07/2008FrenchPDF
Full model31/12/200629/05/200724/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

2 active · 4 ended

Active mandates

DirectorMandates in this companyPeriod
Olivier Blondeau
Managing director16/11/2005 → 11/05/2027Chairman of the board of directors22/10/2003 → 2013 accountsended
Philippe Blondeau
Director22/10/2003 → 11/05/2027

Ended mandates

DirectorMandates in this companyPeriod
Blondeau SASRepresented by Olivier Blondeau
Director03/06/2015 → 2015 accounts
BLONDEAU SAS SERepresented by Olivier BLONDEAU
Chairman of the board of directors03/06/2015 → 2016 accounts
Blondeau SAS SETRepresented by Olivier Blondeau
Director03/06/2015 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other22/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates24/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/05/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/08/2015
    DEMISSIONS, NOMINATIONS
    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
Filings14 filings
Mandates
Olivier BLONDEAU
Philippe BLONDEAU
Blondeau SAS
BLONDEAU SAS SE
Blondeau SAS SET
Patrick DOUENAT
1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027
FOREVER PRODUCTS
Rue de la Glacerie(CO) 122, 6180 Courcelles
Managing directorChairman of the board of directors
Director
Chairman of the board of directors
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue de la Glacerie(CO) 122, 6180 CourcellesCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00122937

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FOREVER PRODUCTSCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00122937

Events

  1. 2025
    Annual accounts 20251,3 M €↓
  2. 2024
    Annual accounts 20241,5 M €↑
  3. 2023
    Annual accounts 20231,4 M €↑
  4. 2022
    Annual accounts 20221,2 M €↑
  5. 2021
    Annual accounts 20211,2 M €↑
  6. 2016
    Annual accounts 2016651,8 k €↑
  7. 2014
    Annual accounts 2014546,4 k €↓
  8. 2013
    Annual accounts 2013600,8 k €↑
  9. 2012
    Annual accounts 2012376,1 k €↓
  10. 2010
    Annual accounts 2010947,5 k €↓
  11. 2009
    Annual accounts 20091,3 M €↑
  12. 2008
    Annual accounts 2008250,1 k €↑
  13. 2007
    Annual accounts 200710,8 k €↑
  14. 2006
    Annual accounts 2006-845,2 k €
  15. 10/01/1997
    IncorporationPublic limited company