NORMAL SITUATION

FOREST IT

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Financial year 2021 · closed on 31/12/2021

Net result

198,8 k €

+907.8% YoY

Revenue

36,7 k €

-64.6% YoY

Equity

316,2 k €

+169.4% YoY

Company — Normal situation.

What does FOREST IT do?

FOREST IT is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.742.276

Legal form

Private company with limited liability

Contributed capital

6 197,33 €

Latest accounts

31/12/2021

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	36,7 k €	-64.6%	103,5 k €	-2.1%	105,8 k €	-33.7%	159,5 k €	+23.8%	128,8 k €	+10.0%	117,1 k €	-4.0%	121,9 k €		–		–		–		–		–		–		–		–		–
EBITDA	307,9 k €	+918%	30,2 k €	-6.4%	32,3 k €	-52.0%	67,3 k €	+58.3%	42,5 k €	+10.7%	38,4 k €	-3.2%	39,7 k €	+18.9%	33,4 k €	+83.6%	18,2 k €	-53.0%	38,6 k €	-4.8%	40,6 k €	+2880%	1,4 k €	-94.2%	23,4 k €	-22.8%	30,3 k €		–		56,5 k €
Operating result	307,9 k €	+1325%	21,6 k €	-9.2%	23,8 k €	-59.4%	58,7 k €	+76.3%	33,3 k €	+15.4%	28,9 k €	+1.0%	28,6 k €	+31.9%	21,7 k €	+276%	5,8 k €	-76.6%	24,6 k €	-10.5%	27,5 k €	+351%	-11 k €	-176%	14,5 k €	-26.5%	19,7 k €		–		45,2 k €
Net result	198,8 k €	+908%	19,7 k €	+21.3%	16,3 k €	-63.9%	45,1 k €	+107%	21,7 k €	+10.0%	19,8 k €	+15.7%	17,1 k €	+143%	7 k €	+147%	-14,9 k €	-246%	10,2 k €	+85.0%	5,5 k €	+109%	-63,3 k €	-644%	11,6 k €	+526%	-2,7 k €		–		12,2 k €
Balance sheet
Equity	316,2 k €	+169%	117,4 k €	+20.2%	97,7 k €	+20.0%	81,4 k €	+124%	36,3 k €	+149%	14,6 k €	+382%	-5,2 k €	+76.7%	-22,2 k €	+24.0%	-29,3 k €	-104%	-14,4 k €	+41.4%	-24,6 k €	+18.3%	-30,1 k €	-190%	33,3 k €	+53.8%	21,6 k €	+77.2%	12,2 k €	0.0%	12,2 k €
Total assets	543,1 k €	+85.1%	293,4 k €	+1.6%	288,9 k €	+7.5%	268,7 k €	-0.5%	269,9 k €	+4.0%	259,5 k €	+13.5%	228,5 k €	+10.4%	207 k €	-15.2%	244,1 k €	-1.9%	248,9 k €	+2.5%	242,8 k €	-3.4%	251,4 k €	+20.1%	209,4 k €	-6.3%	223,4 k €	-9.9%	247,9 k €	0.0%	247,9 k €
Cash	4,5 k €	-66.8%	13,6 k €	+30.1%	10,4 k €	-23.6%	13,7 k €	+56.9%	8,7 k €	-51.3%	17,9 k €	+61.9%	11,1 k €	+1160%	877,9 €	-37.3%	1,4 k €	-81.4%	7,5 k €	+9.1%	6,9 k €	+3714%	180,8 €		–		–		–		–
Debts	187,3 k €	+7.7%	173,9 k €	-9.1%	191,3 k €	+2.1%	187,3 k €	-19.8%	233,6 k €	-4.0%	243,3 k €	+4.1%	233,7 k €	+2.9%	227,2 k €	-16.3%	271,3 k €	+3.0%	263,3 k €	-1.5%	267,3 k €	-4.3%	279,4 k €	+58.6%	176,2 k €	-12.7%	201,8 k €	-14.4%	235,7 k €	0.0%	235,7 k €

Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 1 ended

Active mandates

François Etienne

Trustee · since 11 mars 2021

Active

Patricia Seynhaeve

Manager · since 20 avril 2000

Active

Ended mandates

Patricia SEYNHAEVE

Manager

Ended

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2022	31/07/2021	18/02/2021	24/10/2019	16/11/2018	16/10/2017
General meeting	27/06/2022	28/07/2021	09/02/2021	08/05/2019	14/11/2018	10/05/2017
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2021	27/06/2022	30/06/2022	French	PDF
Micro model	31/12/2020	28/07/2021	31/07/2021	French	PDF
Micro model	31/12/2019	09/02/2021	18/02/2021	French	PDF
Micro model	31/12/2018	08/05/2019	24/10/2019	French	PDF
Micro model	31/12/2017	14/11/2018	16/11/2018	French	PDF
Micro model	31/12/2016	10/05/2017	16/10/2017	French	PDF
Abridged model	31/12/2015	11/05/2016	09/11/2016	French	PDF
Abridged model	31/12/2014	22/07/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	31/07/2014	French	PDF
Abridged model	31/12/2012	22/08/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	26/06/2012	26/07/2012	French	PDF
Abridged model	31/12/2010	28/09/2011	30/09/2011	French	PDF
Abridged model	31/12/2009	29/08/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	25/08/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	25/08/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	27/08/2007	30/08/2007	French	PDF

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 31/12/2021 · 2 active · 1 ended

Active mandates

François Etienne

Trustee · since 11 mars 2021

Active

Patricia Seynhaeve

Manager · since 20 avril 2000

Active

Ended mandates

Patricia SEYNHAEVE

Manager

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2021
Annual accounts 2021198,8 k €↑
2020
Annual accounts 202019,7 k €↑
2019
Annual accounts 201916,3 k €↓
2018
Annual accounts 201845,1 k €↑
2017
Annual accounts 201721,7 k €↑
2016
Annual accounts 201619,8 k €↑
2015
Annual accounts 201517,1 k €↑
2014
Annual accounts 20147 k €↑
2013
Annual accounts 2013-14,9 k €↓
2012
Annual accounts 201210,2 k €↑
2011
Annual accounts 20115,5 k €↑
2010
Annual accounts 2010-63,3 k €↓
2009
Annual accounts 200911,6 k €↑
2008
Annual accounts 2008-2,7 k €↓
2007
Annual accounts 2007
2006
Annual accounts 200612,2 k €

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

FOREST IT

Overview

What does FOREST IT do?

Trend over 16 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline