ACTIVE

FORTY NINE

Financial year 2025 · Closed on 31/12/2025

Net result37,9 k €+302,5 %over 1 year
Gross margin300 k €+83,2 %over 1 year
Equity679,1 €+101,8 %over 1 year

Identity

Source · BCE/KBO

FORTY NINE is a Private limited company incorporated in 2013. Its main activity is: Sports and recreation education. Its registered office is in Nivelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0542.458.345
Incorporation
25/11/2013
Legal form
Private limited company
Registered office
Chaussée de Namur 57
1400 Nivelles · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin300 k €163,8 k €158,1 k €118,4 k €76,2 k €
EBITDA95,5 k €6,9 k €45,6 k €-26,1 k €6,9 k €
Operating result53,4 k €-6,2 k €24 k €-47 k €-11,9 k €
Net result37,9 k €-18,7 k €19,1 k €-53,5 k €-17,1 k €
Balance sheet
Equity679,1 €-37,2 k €-18,5 k €-37,6 k €15,9 k €
Total assets419,5 k €128,2 k €109,3 k €88,4 k €120,8 k €
Cash7 k €57,1 k €7,9 k €10,8 k €14,4 k €
Debts418 k €165,5 k €127,8 k €126 k €104,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Arnaud Castiaux

Director · since 25 novembre 2013

Active

Ended mandates

Alexandre BLYWEERT

Manager · since 25 novembre 2013

Ended
Arnaud Castiaux

Manager · since 25 novembre 2013

Ended
Yves PATTE

Manager · since 25 novembre 2013

Ended

Other companies at this address

Chaussée de Namur 57 1400 Nivelles
CompanyCBE no.
0651.890.379
0417.826.114
EXECO-Push● Active
1025.684.532
KINGTIDE● Active
1004.907.726
0556.800.190

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date30/06/202630/06/202505/07/202429/06/202306/07/202231/08/2021
General meeting06/02/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202506/02/202630/06/2026FrenchPDF
Micro model31/12/202406/06/202530/06/2025FrenchPDF
Micro model31/12/202307/06/202405/07/2024FrenchPDF
Micro model31/12/202202/06/202329/06/2023FrenchPDF
Micro model31/12/202103/06/202206/07/2022FrenchPDF
Micro model31/12/202004/06/202131/08/2021FrenchPDF
Micro model31/12/201905/06/202008/07/2020FrenchPDF
Micro model31/12/201807/06/201928/06/2019FrenchPDF
Micro model31/12/201701/06/201811/06/2018FrenchPDF
Micro model31/12/201601/03/201731/05/2017FrenchPDF
Abridged model31/12/201503/06/201620/07/2016FrenchPDF
Abridged model31/12/201405/06/201507/07/2015FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Arnaud Castiaux

Director · since 25 novembre 2013

Active

Ended mandates

Alexandre BLYWEERT

Manager · since 25 novembre 2013

Ended
Arnaud Castiaux

Manager · since 25 novembre 2013

Ended
Yves PATTE

Manager · since 25 novembre 2013

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other16/07/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates21/04/2017
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other27/11/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 202537,9 k €↑
  2. 2024
    Annual accounts 2024-18,7 k €↓
  3. 2023
    Annual accounts 202319,1 k €↑
  4. 2022
    Annual accounts 2022-53,5 k €↓
  5. 2021
    Annual accounts 2021-17,1 k €↓
  6. 2020
    Annual accounts 2020-4,7 k €↓
  7. 2019
    Annual accounts 20197,4 k €↓
  8. 2018
    Annual accounts 201855,5 k €↑
  9. 2017
    Annual accounts 2017-30,6 k €↓
  10. 2016
    Annual accounts 201615,8 k €↑
  11. 2015
    Annual accounts 20152,9 k €↑
  12. 2014
    Annual accounts 2014-6,2 k €
  13. 25/11/2013
    IncorporationPrivate limited company