ACTIVE

FORBIS

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Financial year 2025 · closed on 31/12/2025

Net result

-187,3 k €

-366.7% YoY

Gross margin

758,5 k €

-25.6% YoY

Equity

457,8 k €

-29.0% YoY

Workforce

17,2 ETP

+2.4% YoY

What does FORBIS do?

FORBIS is a Private limited company incorporated in 1998. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Fléron. It employs on average 17,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.979.911

Incorporation

27/03/1998

Legal form

Private limited company

Registered office

Rue de la Clef 52
4621 Fléron · WallonieSee on map

Contributed capital

228 592,01 €

Latest accounts

31/12/2025

Average workforce

17,2 ETP

Activities (NACE)

55302Camping grounds, recreational vehicle parks and trailer parks· main 56102Restaurants and mobile food service activities 56112Restaurants and mobile food service activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	758,5 k €	-25.6%	1 M €	-8.7%	1,1 M €	+5.8%	1,1 M €	-19.9%	1,3 M €	+42.6%	923,8 k €	-13.5%	1,1 M €	+1.3%	1,1 M €	+6.6%	989,1 k €	+23.5%	800,7 k €	-1.4%	812,3 k €	-2.8%	835,4 k €	+0.3%	833,2 k €	-9.0%	915,5 k €	+9.5%	835,8 k €	+6.2%	787,1 k €	+3.8%	758,2 k €	+44698%	-1,7 k €	-7493%	-22,4 €	+94.8%	-429,9 €
EBITDA	-56,6 k €	-124%	231,5 k €	-13.5%	267,5 k €	+39.6%	191,6 k €	-70.3%	644,4 k €	+187%	224,8 k €	+25.0%	179,8 k €	+5.8%	169,9 k €	-37.9%	273,4 k €	+151%	109 k €	-14.7%	127,7 k €	+2.8%	124,2 k €	+68.6%	73,7 k €	-35.7%	114,5 k €	-34.9%	175,9 k €	-7.8%	190,9 k €	+75.9%	108,5 k €	+6482%	-1,7 k €	-7493%	-22,4 €	+94.8%	-429,9 €
Operating result	-164,8 k €	-242%	116,2 k €	-23.7%	152,3 k €	+30.8%	116,4 k €	-80.5%	595,5 k €	+250%	170 k €	+54.2%	110,3 k €	+101%	54,8 k €	-68.2%	172,4 k €	+1206%	13,2 k €	-52.1%	27,6 k €	+35.5%	20,3 k €	+140%	-50,6 k €	-1376%	-3,4 k €	-105%	71,8 k €	-20.7%	90,5 k €	+145%	36,9 k €	+2272%	-1,7 k €	-7493%	-22,4 €	+94.8%	-429,9 €
Net result	-187,3 k €	-367%	70,2 k €	-29.6%	99,7 k €	+6.3%	93,7 k €	-78.9%	444,7 k €	+278%	117,6 k €	+82.8%	64,4 k €	+81.8%	35,4 k €	-65.5%	102,5 k €	+1439%	6,7 k €	-70.1%	22,2 k €	+2393%	891,9 €	+101%	-68,4 k €	-212%	-21,9 k €	-163%	35 k €	-18.4%	42,9 k €	+688%	5,4 k €	+429%	-1,7 k €	-1428%	124,3 €	+147%	-262,5 €
Balance sheet
Equity	457,8 k €	-29.0%	645,1 k €	+12.2%	574,8 k €	+21.0%	475,2 k €	+24.6%	381,4 k €	-12.7%	436,8 k €	+36.9%	319,1 k €	+25.3%	254,8 k €	-5.4%	269,4 k €	+29.7%	207,6 k €	+3.3%	201 k €	+12.4%	178,7 k €	+0.5%	177,8 k €	-27.8%	246,2 k €	-8.2%	268,1 k €	+15.0%	233,1 k €	+10.9%	210,3 k €	+4177%	-5,2 k €	-47.1%	-3,5 k €	+3.4%	-3,6 k €
Total assets	1,5 M €	-1.5%	1,5 M €	+0.2%	1,5 M €	+32.5%	1,1 M €	-26.3%	1,5 M €	+68.4%	916 k €	+11.1%	824,9 k €	+3.1%	800,2 k €	+19.6%	668,9 k €	+33.8%	500,1 k €	-1.4%	507,1 k €	-11.4%	572,1 k €	-17.0%	689,4 k €	-19.9%	860,8 k €	-10.2%	958,9 k €	+0.4%	955,1 k €	-7.9%	1 M €	+7462%	13,7 k €	-10.1%	15,2 k €	+0.9%	15,1 k €
Cash	255 k €	-57.4%	598,3 k €	+8.3%	552,4 k €	+140%	229,9 k €	-70.7%	783,4 k €	+110%	372,3 k €	-5.5%	394 k €	+8.8%	362 k €	-14.0%	421,1 k €	+109%	201,7 k €	+26.5%	159,4 k €	+49.5%	106,7 k €	-15.0%	125,4 k €	-35.1%	193,3 k €	-25.5%	259,5 k €	+38.5%	187,4 k €	+5.7%	177,3 k €	+2632%	6,5 k €	+641%	876 €	-90.0%	8,8 k €
Debts	1 M €	+19.0%	864,9 k €	-7.2%	931,5 k €	+40.8%	661,8 k €	-43.0%	1,2 M €	+142%	479,3 k €	-5.2%	505,7 k €	-7.3%	545,4 k €	+36.5%	399,5 k €	+36.8%	292,1 k €	-4.5%	305,8 k €	-22.2%	393,1 k €	-23.1%	511,3 k €	-16.8%	614,3 k €	-11.1%	690,8 k €	-4.3%	721,8 k €	-12.6%	826,2 k €	+4300%	18,8 k €	+0.3%	18,7 k €	0.0%	18,7 k €
Other
Workforce	17,2 ETP	+2.4%	16,8 ETP	-1.2%	17,0 ETP	-4.0%	17,7 ETP	+11.3%	15,9 ETP	-12.6%	18,2 ETP	-13.7%	21,1 ETP	+2.9%	20,5 ETP	+16.5%	17,6 ETP	+6.7%	16,5 ETP	+2.5%	16,1 ETP	-10.6%	18,0 ETP	-3.7%	18,7 ETP	-12.2%	21,3 ETP	+9.8%	19,4 ETP	-5.4%	20,5 ETP	+3.0%	19,9 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

FORWARD

Director · since 26 novembre 2020 · 0455.995.812

Represented by Xavier VAESEN

Active

Ended mandates

FORWARD

Manager · since 28 juin 2018 · 0455.995.812

Represented by Xavier VAESEN

Ended

FORWARD

Manager · 0455.995.812

Represented by Xavier VAESEN

Ended

FORWARD

Manager · 0455.995.812

Ended

Roland VAESEN

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	30/08/2025	14/08/2024	31/08/2023	03/08/2022	30/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	19/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	30/08/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	14/08/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	03/08/2022	French	PDF
Abridged model	31/12/2020	19/06/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	20/06/2020	26/08/2020	French	PDF
Abridged model	31/12/2018	15/06/2019	13/08/2019	French	PDF
Abridged model	31/12/2017	16/06/2018	10/07/2018	French	PDF
Abridged model	31/12/2016	17/06/2017	14/07/2017	French	PDF
Abridged model	31/12/2015	18/06/2016	29/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	21/06/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	15/06/2013	09/08/2013	French	PDF
Abridged model	31/12/2011	16/06/2012	17/07/2012	French	PDF
Abridged model	31/12/2010	18/06/2011	19/07/2011	French	PDF
Abridged model	31/12/2009	19/06/2010	29/07/2010	French	PDF
Abridged model	31/12/2008	20/06/2009	20/07/2009	French	PDF
Abridged model	31/12/2007	21/06/2008	17/07/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	20/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 4 ended

Active mandates

FORWARD

Director · since 26 novembre 2020 · 0455.995.812

Represented by Xavier VAESEN

Active

Ended mandates

FORWARD

Manager · since 28 juin 2018 · 0455.995.812

Represented by Xavier VAESEN

Ended

FORWARD

Manager · 0455.995.812

Represented by Xavier VAESEN

Ended

FORWARD

Manager · 0455.995.812

Ended

Roland VAESEN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/11/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates01/04/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office10/02/2009
SIEGE SOCIAL - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2025
Annual accounts 2025-187,3 k €↓
2024
Annual accounts 202470,2 k €↓
2023
Annual accounts 202399,7 k €↑
2022
Annual accounts 202293,7 k €↓
2021
Annual accounts 2021444,7 k €↑
2020
Annual accounts 2020117,6 k €↑
2019
Annual accounts 201964,4 k €↑
2018
Annual accounts 201835,4 k €↓
2017
Annual accounts 2017102,5 k €↑
2016
Annual accounts 20166,7 k €↓
2015
Annual accounts 201522,2 k €↑
2014
Annual accounts 2014891,9 €↑
2013
Annual accounts 2013-68,4 k €↓
2012
Annual accounts 2012-21,9 k €↓
2011
Annual accounts 201135 k €↓
2010
Annual accounts 201042,9 k €↑
2009
Annual accounts 20095,4 k €↑
2008
Annual accounts 2008-1,7 k €↓
2007
Annual accounts 2007124,3 €↑
2006
Annual accounts 2006-262,5 €
27/03/1998
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FORBIS

Overview

What does FORBIS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline