ACTIVE

FORREZ BANDENSERVICE

Financial year 2025 · Closed on 31/03/2025

Net result104 k €+259,6 %over 1 year
Revenue11,9 M €+4,8 %over 1 year
Equity1,3 M €+9,0 %over 1 year
Workforce25,2 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

FORREZ BANDENSERVICE is a Public limited company incorporated in 2015. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Destelbergen. It employs on average 25,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0637.860.518
Incorporation
17/09/2015
Legal form
Public limited company
Registered office
Dendermondesteenweg 81
9070 Destelbergen · FlandreSee on map
Contributed capital
682 000,00 €
Latest accounts
31/03/2025
Average workforce
25,2 ETP
Joint committees (2)
  • 112
  • 200
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 9 filings

Trend over 6 financial years

20252024202320222019
Income statement
Revenue11,9 M €11,3 M €11,5 M €6,7 M €5,7 M €
EBITDA407,2 k €221,4 k €260,6 k €168,7 k €148,3 k €
Operating result211,6 k €95,1 k €98,9 k €3,3 k €3,6 k €
Net result104 k €28,9 k €60,1 k €4,9 k €1,8 k €
Balance sheet
Equity1,3 M €1,1 M €1,1 M €1,1 M €636,6 k €
Total assets4,5 M €4 M €4,7 M €4,4 M €2,3 M €
Cash172,7 k €115,7 k €120 k €76,5 k €81 k €
Debts3,2 M €2,9 M €3,6 M €3,4 M €1,7 M €
Other
Workforce25,2 ETP25,2 ETP32,5 ETP25,9 ETP19,2 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 31/03/2025

2 active · 6 ended

Active mandates

MUNO

Managing director · since 12 mars 2021 · until 05 septembre 2026 · 0458.271.253

Represented by Forrez MARIE-CHRISTINE

Active
WEVANO

Managing director · since 12 mars 2021 · until 05 septembre 2026 · 0448.888.878

Represented by Mertens GEERT

Active

Ended mandates

WEVANO

Director · since 27 novembre 2019 · 0448.888.878

Represented by Geert Mertens

Ended
JOJUSI

Managing director · since 17 septembre 2015 · until 04 septembre 2021 · 0561.967.322

Represented by Paul Forrez

Ended
WEVANO

Managing director · since 17 septembre 2015 · until 04 septembre 2021 · 0448.888.878

Represented by Geert Mertens

Ended
MUNO

Managing director · 0458.271.253

Represented by Marie-Christine Forrez

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/10/202511/10/202426/09/202303/10/202204/10/202116/10/2020
General meeting06/09/202507/09/202402/09/202303/09/202204/09/202118/09/2020
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202506/09/202507/10/2025DutchPDF
Full model31/03/202407/09/202411/10/2024DutchPDF
Full model31/03/202302/09/202326/09/2023DutchPDF
Full model31/03/202203/09/202203/10/2022DutchPDF
Full model31/03/202104/09/202104/10/2021DutchPDF
Full model31/03/202018/09/202016/10/2020DutchPDF
Full model31/03/201906/12/201917/12/2019DutchPDF
Full model31/03/201801/09/201817/09/2018DutchPDF
Full model31/03/201702/09/201729/09/2017DutchPDF

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 31/03/2025

2 active · 6 ended

Active mandates

MUNO

Managing director · since 12 mars 2021 · until 05 septembre 2026 · 0458.271.253

Represented by Forrez MARIE-CHRISTINE

Active
WEVANO

Managing director · since 12 mars 2021 · until 05 septembre 2026 · 0448.888.878

Represented by Mertens GEERT

Active

Ended mandates

WEVANO

Director · since 27 novembre 2019 · 0448.888.878

Represented by Geert Mertens

Ended
JOJUSI

Managing director · since 17 septembre 2015 · until 04 septembre 2021 · 0561.967.322

Represented by Paul Forrez

Ended
WEVANO

Managing director · since 17 septembre 2015 · until 04 septembre 2021 · 0448.888.878

Represented by Geert Mertens

Ended
MUNO

Managing director · 0458.271.253

Represented by Marie-Christine Forrez

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/09/2026
    Herbenoeming commissaris
    PDF
  • Mandates23/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring23/08/2022
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/05/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates31/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/12/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025104 k €↑
  2. 2024
    Annual accounts 202428,9 k €↓
  3. 2023
    Annual accounts 202360,1 k €↑
  4. 2022
    Annual accounts 20224,9 k €↑
  5. 2019
    Annual accounts 20191,8 k €↑
  6. 2018
    Annual accounts 2018701,9 €
  7. 17/09/2015
    IncorporationPublic limited company