ACTIVE

FORHAVEX

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Financial year 2025 · closed on 30/09/2025
Net result
-153,1 k €
-31.7% YoY
Gross margin
83,7 k €
-6.4% YoY
Equity
96,1 k €
-61.4% YoY

What does FORHAVEX do?

FORHAVEX is a Public limited company incorporated in 2013. Its main activity is: Hunting, trapping and related service activities. Its registered office is in Woluwe-Saint-Pierre.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0523.976.974
Incorporation
19/03/2013
Legal form
Public limited company
Registered office
Rue de l'Eglise 147
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Contributed capital
2 061 480,00 €
Latest accounts
30/09/2025
Activities (NACE)
01700Hunting, trapping and related service activities· main01700Hunting, trapping and related service activities01500Mixed farming01500Mixed farming02200Logging02200Logging+4
Signals
Positive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220182017201620152014
Income statement
Gross margin83,7 k €89,5 k €-34,4 k €6 k €97,2 k €-42,1 k €201,2 k €-22,2 k €335,9 k €
EBITDA75 k €79,9 k €-42,4 k €-557,9 €90,2 k €-49 k €194,4 k €-31,2 k €324,5 k €
Operating result-126 k €-116,2 k €-237,7 k €-191,9 k €-94,4 k €-232,3 k €15,9 k €-205,1 k €111 k €
Net result-153,1 k €-116,3 k €-237,8 k €-192 k €-172,7 k €-307,4 k €-59,6 k €-323,2 k €-51,6 k €
Balance sheet
Equity96,1 k €249,2 k €365,5 k €603,3 k €147 k €319,7 k €627,1 k €686,7 k €1 M €
Total assets10,5 M €2,1 M €2,2 M €2,3 M €2,9 M €3 M €3,3 M €3,3 M €4 M €
Cash2,4 k €2,1 k €5,5 k €17,8 k €1,3 k €1,3 k €1,1 k €462,9 €81,8 €
Debts10,4 M €1,8 M €1,8 M €1,7 M €2,6 M €2,6 M €2,6 M €2,4 M €2,9 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 13 ended

Active mandates

G.D.S. CONSULT

Managing director · since 21 mars 2025 · until 21 mars 2031 · 0474.912.196

Represented by Grégoire de Spoelberch

Active
VERVODEV

Director · since 21 mars 2025 · until 21 mars 2031 · 0888.157.932

Represented by Tatiana Munchen

Active
WESPARC - WESPARK

Director · since 21 mars 2025 · until 21 mars 2031 · 0431.743.238

Represented by Paul de Spoelberch

Active
CLEARVOLT

Director · since 05 février 2019 · until 05 mars 2025 · 0823.884.544

Represented by Patricia Van den Bergh

Active

Ended mandates

CLEARVOLT

Director · since 05 février 2019 · 0823.884.544

Represented by Van den Bergh Patricia

Ended
CLEARVOLT

Manager · since 05 février 2019 · 0823.884.544

Represented by Van den Bergh Patricia

Ended
FORHAVEX

Manager · since 05 février 2019 · 0523.976.974

Represented by Munchen Tatiana

Ended
G.D.S. CONSULT

Director · since 05 février 2019 · 0474.912.196

Represented by de Spoelberch Grégoire

Ended
At this address

Other companies at this address

CompanyCBE no.
ATLAS PLASKY● Active
0467.185.256
CLEARVOLT● Active
0823.884.544
FINANCIERE STOCKEL● Active
0879.015.582
GET BUILDING● Active
0467.489.817
GET PROPERTIES● Active
0736.528.126
GET STONE INVEST● Active
0633.898.166
VERVODEV● Active
0888.157.932
WESPARC - WESPARK● Active
0431.743.238
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/04/202604/04/202515/03/202424/03/202318/03/202229/03/2021
General meeting20/03/202621/03/202515/03/202417/03/202318/03/202219/03/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202520/03/202628/04/2026FrenchPDF
Micro model30/09/202421/03/202504/04/2025FrenchPDF
Micro model30/09/202315/03/202415/03/2024FrenchPDF
Micro model30/09/202217/03/202324/03/2023FrenchPDF
Micro model30/09/202118/03/202218/03/2022FrenchPDF
Micro model30/09/202019/03/202129/03/2021FrenchPDF
Micro model30/09/201920/03/202027/03/2020FrenchPDF
Abridged model30/09/201805/02/201905/02/2019FrenchPDF
Abridged model30/09/201716/03/201819/03/2018FrenchPDF
Abridged model30/09/201612/01/201725/01/2017FrenchPDF
Abridged model30/09/201503/02/201603/02/2016FrenchPDF
Abridged model30/09/201420/03/201520/03/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 13 ended

Active mandates

G.D.S. CONSULT

Managing director · since 21 mars 2025 · until 21 mars 2031 · 0474.912.196

Represented by Grégoire de Spoelberch

Active
VERVODEV

Director · since 21 mars 2025 · until 21 mars 2031 · 0888.157.932

Represented by Tatiana Munchen

Active
WESPARC - WESPARK

Director · since 21 mars 2025 · until 21 mars 2031 · 0431.743.238

Represented by Paul de Spoelberch

Active
CLEARVOLT

Director · since 05 février 2019 · until 05 mars 2025 · 0823.884.544

Represented by Patricia Van den Bergh

Active

Ended mandates

CLEARVOLT

Director · since 05 février 2019 · 0823.884.544

Represented by Van den Bergh Patricia

Ended
CLEARVOLT

Manager · since 05 février 2019 · 0823.884.544

Represented by Van den Bergh Patricia

Ended
FORHAVEX

Manager · since 05 février 2019 · 0523.976.974

Represented by Munchen Tatiana

Ended
G.D.S. CONSULT

Director · since 05 février 2019 · 0474.912.196

Represented by de Spoelberch Grégoire

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other24/06/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/03/2019
    DEMISSIONS, NOMINATIONS - SIEGE SOCIAL
    PDF
  • Mandates18/02/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares25/07/2013
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other28/03/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-153,1 k €↓
  2. 2024
    Annual accounts 2024-116,3 k €↑
  3. 2023
    Annual accounts 2023-237,8 k €↓
  4. 2022
    Annual accounts 2022-192 k €↓
  5. 2018
    Annual accounts 2018-172,7 k €↑
  6. 2017
    Annual accounts 2017-307,4 k €↓
  7. 2016
    Annual accounts 2016-59,6 k €↑
  8. 2015
    Annual accounts 2015-323,2 k €↓
  9. 2014
    Annual accounts 2014-51,6 k €
  10. 19/03/2013
    IncorporationPublic limited company