ACTIVE

FARMAD

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Financial year 2025 · Closed on 31/12/2025

Net result16,2 k €-20,0 %over 1 year

Gross margin4,6 M €

Equity649,5 k €+2,6 %over 1 year

Workforce38,2 ETP+0,8 %over 1 year

Identity

Source · BCE/KBO

FARMAD is a Public limited company incorporated in 2000. Its main activity is: Computer programming activities. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 38,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0473.035.544
Incorporation: 13/10/2000
Legal form: Public limited company
Registered office: Schaarbeekstraat(MEL) 19 box 1
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital: 361 500,00 €
Latest accounts: 31/12/2025
Average workforce: 38,2 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities 47400Retail sale of information and communication equipment in specialised stores 47410Retail sale of computers, peripheral units and software in specialised stores 52487Warehousing and support activities for transportation+3

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	4,6 M €		–		–		–		–
EBITDA	897,6 k €	+10.9%	809,7 k €	+11.5%	726,3 k €	+55.4%	467,3 k €	+11.2%	420,1 k €
Operating result	170,5 k €	-0.8%	172 k €	-13.3%	198,3 k €	+648%	26,5 k €	+15.3%	23 k €
Net result	16,2 k €	-20.0%	20,2 k €	+322%	4,8 k €	+108%	-63,4 k €	+1.3%	-64,3 k €
Balance sheet
Equity	649,5 k €	+2.6%	633,3 k €	+3.3%	613,1 k €	+0.8%	608,3 k €	+63.6%	371,8 k €
Total assets	9 M €	+3.3%	8,7 M €	+6.5%	8,2 M €	-4.6%	8,6 M €	+23.8%	6,9 M €
Cash	303,6 k €	-30.2%	435 k €	-1.8%	442,9 k €	-33.4%	665,1 k €	-13.1%	765,3 k €
Debts	6,6 M €	+4.2%	6,4 M €	+9.1%	5,8 M €	-5.9%	6,2 M €	+24.5%	5 M €
Other
Workforce	38,2 ETP	+0.8%	37,9 ETP	+2.7%	36,9 ETP	-4.4%	38,6 ETP	-4.2%	40,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 16 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dieter Stas	Director19/06/2023 → 19/06/2028
Hendrik Tobback	Directoruntil 19/06/2028Bestuurder13/06/2022 → 2022 accountsended
Tijs Neutens	Directoruntil 19/06/2028Bestuurder14/06/2021 → 2021 accountsended
AXOM0894.599.623Represented by Luc Mertens	Managing director26/10/2016 → 19/06/2028Gedelegeerd bestuurder2022 accountsended
Liesbeth Debruyn	Directoruntil 19/06/2028Bestuurder2021 accountsended
Paul Meyten	Directoruntil 19/06/2028Voorzitter van de Raad van Bestuur2021 accountsendedChairman of the board of directors2020 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Yelle Corrynen	Bestuurder13/06/2022 → 2022 accounts
Motacilo0636.968.217Represented by Casper Biesemans	Director01/10/2015 → 2015 accounts
Jan Meeussen	Director21/11/2012 → 2012 accounts
Luc Coppens	Director21/11/2012 → 2012 accounts

Other companies at this address

Schaarbeekstraat(MEL) 19 9120 Beveren-Kruibeke-Zwijndrecht

Company	CBE no.
ALKOBIS● Active	0462.837.676
BOLLAERT BTW EENHEID● Active	0660.630.772
BOROZO● Active	0556.659.838
GNC● Active	0873.153.913
GROEP MIRAFLOR● Active	0639.791.214
MANICOR● Active	0836.504.343
MIRAFLOR● Active	0892.924.887
VME Bedrijvenpark 16, Den Goeronde Heye te 9120 Beveren-Melsele● Active	0629.737.460
X-GIN● Bankrupt	0650.677.681

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Full model	Full model	Full model	Full model	Full 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	13/07/2026	15/07/2025	20/08/2024	26/06/2023	14/07/2022	16/07/2021
General meeting	22/06/2026	17/06/2025	17/06/2024	12/06/2023	13/06/2022	14/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	13/07/2026	Dutch	PDF
Full model	31/12/2024	17/06/2025	15/07/2025	Dutch	PDF
Full model	31/12/2023	17/06/2024	20/08/2024	Dutch	PDF
Full model	31/12/2022	12/06/2023	26/06/2023	Dutch	PDF
Full model	31/12/2021	13/06/2022	14/07/2022	Dutch	PDF
Full model	31/12/2020	14/06/2021	16/07/2021	Dutch	PDF
Full model	31/12/2019	15/06/2020	02/07/2020	Dutch	PDF
Full model	31/12/2018	10/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	13/06/2017	21/08/2017	Dutch	PDF
Full model	31/12/2015	10/05/2016	09/08/2016	Dutch	PDF
Full model	31/12/2014	08/06/2015	25/08/2015	Dutch	PDF
Full model	31/12/2013	10/06/2014	04/07/2014	Dutch	PDF
Full model	31/12/2012	10/06/2013	26/08/2013	Dutch	PDF
Full model	31/12/2011	11/06/2012	11/07/2012	Dutch	PDF
Full model	31/12/2010	14/06/2011	29/06/2011	Dutch	PDF
Full modelCorrection	31/12/2009	11/05/2010	12/03/2012	Dutch	PDF
Full model	31/12/2009	11/05/2010	19/07/2010	Dutch	PDF
Full modelCorrection	31/12/2008	25/05/2009	12/03/2012	Dutch	PDF
Full model	31/12/2008	25/05/2009	18/06/2009	Dutch	PDF
Full model	31/12/2007	26/05/2008	22/07/2008	Dutch	PDF
Full model	31/12/2006	08/05/2007	05/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

6 active · 16 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dieter Stas	Director19/06/2023 → 19/06/2028
Hendrik Tobback	Directoruntil 19/06/2028Bestuurder13/06/2022 → 2022 accountsended
Tijs Neutens	Directoruntil 19/06/2028Bestuurder14/06/2021 → 2021 accountsended
AXOM0894.599.623Represented by Luc Mertens	Managing director26/10/2016 → 19/06/2028Gedelegeerd bestuurder2022 accountsended
Liesbeth Debruyn	Directoruntil 19/06/2028Bestuurder2021 accountsended
Paul Meyten	Directoruntil 19/06/2028Voorzitter van de Raad van Bestuur2021 accountsendedChairman of the board of directors2020 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Yelle Corrynen	Bestuurder13/06/2022 → 2022 accounts
Motacilo0636.968.217Represented by Casper Biesemans	Director01/10/2015 → 2015 accounts
Jan Meeussen	Director21/11/2012 → 2012 accounts
Luc Coppens	Director21/11/2012 → 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates23/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2017
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/02/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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

AXOM

Dieter Stas

Hendrik Tobback

Liesbeth Debruyn

Paul Meyten

Tijs Neutens

Yelle Corrynen

Motacilo

Jan Meeussen

Luc Coppens

Casper Biesemans

Casper Biesmans

Show the 10 other mandates

20002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

FARMADFARM@D

Schaarbeekstraat(MEL) 19 bte 1, 9120 Beveren-Kruibeke-Zwijndrecht

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Schaarbeekstraat(MEL) 19 bte 1, 9120 Beveren-Kruibeke-ZwijndrechtCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00292967

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FARMADCurrent	accounts 2009 → 2025	Accounts 2025 · 2026-00292967
FARMAD	accounts 2008	Accounts 2008 · 2012-06000530
FARM@D	accounts 2008	Accounts 2008 · 2009-27200121
FARM@D	accounts 2006 → 2007	Accounts 2007 · 2008-44200318

Events

2025
Annual accounts 202516,2 k €↓
2024
Annual accounts 202420,2 k €↑
2023
Annual accounts 20234,8 k €↑
2022
Annual accounts 2022-63,4 k €↑
2021
Annual accounts 2021-64,3 k €↓
2014
Annual accounts 2014177,9 k €↑
2013
Annual accounts 2013118,7 k €↑
2012
Annual accounts 2012-96,5 k €↓
2011
Annual accounts 2011167,2 k €↑
2010
Annual accounts 201076,1 k €↓
2009
Annual accounts 2009155,4 k €↑
2009
Name changeFARMAD
2008
Annual accounts 2008137,3 k €↓
2008
Name changeFARM@D
2008
Name changeFARMAD
2007
Annual accounts 2007166 k €↑
2006
Annual accounts 2006-43,1 k €
13/10/2000
IncorporationPublic limited company

FARMAD

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events