ACTIVE

Forward Management

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Financial year 2025 · closed on 30/09/2025
Net result
589,2 k €
-66.8% YoY
Gross margin
419,7 k €
-81.6% YoY
Equity
1,7 M €
-65.1% YoY

What does Forward Management do?

Forward Management is a Private limited company incorporated in 2014. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Hasselt.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0566.909.075
Incorporation
29/10/2014
Legal form
Private limited company
Registered office
Luikersteenweg 248C
3500 Hasselt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Activities (NACE)
56101Restaurants and mobile food service activities· main56111Restaurants and mobile food service activities
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin419,7 k €2,3 M €2,5 M €1,9 M €1,6 M €979,7 k €713 k €405 k €579,7 k €645,7 k €
EBITDA403,5 k €2,3 M €2,5 M €1,9 M €1,6 M €977,2 k €710,1 k €403,6 k €577,8 k €644,6 k €
Operating result351,9 k €2,2 M €2,5 M €1,8 M €1,6 M €962,2 k €695 k €388,6 k €562,3 k €628,6 k €
Net result589,2 k €1,8 M €1,7 M €1,4 M €1,2 M €656,4 k €431,6 k €235,5 k €337,8 k €393,4 k €
Balance sheet
Equity1,7 M €5 M €5,4 M €3,9 M €2,9 M €2,1 M €1,4 M €985,3 k €749,8 k €405,8 k €
Total assets5,6 M €7,3 M €6,2 M €4,6 M €3,3 M €2,2 M €1,5 M €995 k €803,4 k €510,3 k €
Cash456,2 k €816,4 k €314,6 k €1,4 M €1,8 M €1,4 M €1,1 M €595,7 k €544,6 k €293,1 k €
Debts3,9 M €2,3 M €823,1 k €658,4 k €415,8 k €90,6 k €101,5 k €9,7 k €53,6 k €104,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Dominic Voets

Director

Active

Ended mandates

Dominic Voets

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
FORWARD PROJECTS● Active
0884.576.256
STRADIGI● Active
0799.153.801
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date01/04/202601/04/202504/04/202406/04/202330/03/202201/04/2021
General meeting30/03/202631/03/202530/03/202430/03/202330/03/202230/03/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202530/03/202601/04/2026DutchPDF
Abridged model30/09/202431/03/202501/04/2025DutchPDF
Abridged model30/09/202330/03/202404/04/2024DutchPDF
Abridged model30/09/202230/03/202306/04/2023DutchPDF
Abridged model30/09/202130/03/202230/03/2022DutchPDF
Micro model30/09/202030/03/202101/04/2021DutchPDF
Micro model30/09/201930/03/202001/04/2020DutchPDF
Micro model30/09/201830/03/201902/04/2019DutchPDF
Micro model30/09/201730/03/201806/04/2018DutchPDF
Abridged model30/09/201630/03/201731/03/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 1 active · 1 ended

Active mandates

Dominic Voets

Director

Active

Ended mandates

Dominic Voets

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/10/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025589,2 k €↓
  2. 2024
    Annual accounts 20241,8 M €↑
  3. 2023
    Annual accounts 20231,7 M €↑
  4. 2022
    Annual accounts 20221,4 M €↑
  5. 2021
    Annual accounts 20211,2 M €↑
  6. 2020
    Annual accounts 2020656,4 k €↑
  7. 2019
    Annual accounts 2019431,6 k €↑
  8. 2018
    Annual accounts 2018235,5 k €↓
  9. 2017
    Annual accounts 2017337,8 k €↓
  10. 2016
    Annual accounts 2016393,4 k €
  11. 29/10/2014
    IncorporationPrivate limited company