GLOBAL FORESTRY DEVELOPMENT
0641.742.793 · rovalta.com · 22/09/2026
ACTIVE
GLOBAL FORESTRY DEVELOPMENT
Financial year 2025 · closed on 31/12/2025
Net result
6,1 M €
+15.3% YoY
Equity
36 M €
-0.2% YoY
Overview
What does GLOBAL FORESTRY DEVELOPMENT do?
GLOBAL FORESTRY DEVELOPMENT is a Public limited company incorporated in 2015. Its registered office is in Bruxelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0641.742.793
Incorporation
20/10/2015
Legal form
Public limited company
Registered office
Boulevard Anspach 1 box 2
1000 Bruxelles · BruxellesSee on map
1000 Bruxelles · BruxellesSee on map
Contributed capital
35 908 181,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
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Financials
Trend over 10 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||
| Gross margin | – | – | – | -20 k € | -48.5% | -13,4 k € | -98.9% | -6,8 k € | +23.1% | -8,8 k € | +1.4% | -8,9 k € | -15.7% | -7,7 k € | +7.2% | -8,3 k € | |||
| EBITDA | -57,7 k € | +16.6% | -69,2 k € | -115% | -32,2 k € | -53.4% | -21 k € | -46.6% | -14,3 k € | -87.7% | -7,6 k € | +21.0% | -9,7 k € | +1.3% | -9,8 k € | -21.5% | -8,1 k € | +95.6% | -181,5 k € |
| Operating result | -57,7 k € | +16.6% | -69,2 k € | -115% | -32,2 k € | -53.4% | -21 k € | -46.6% | -14,3 k € | -87.7% | -7,6 k € | +21.0% | -9,7 k € | +1.3% | -9,8 k € | -21.5% | -8,1 k € | +96.2% | -210,6 k € |
| Net result | 6,1 M € | +15.3% | 5,3 M € | +229% | 1,6 M € | +7695% | -21 k € | -47.0% | -14,3 k € | -87.3% | -7,6 k € | +21.0% | -9,7 k € | +1.4% | -9,8 k € | -21.6% | -8,1 k € | +96.2% | -210,8 k € |
| Balance sheet | |||||||||||||||||||
| Equity | 36 M € | -0.2% | 36,1 M € | +0.2% | 36 M € | +1.0% | 35,6 M € | +216% | 11,3 M € | -0.1% | 11,3 M € | -0.1% | 11,3 M € | -0.1% | 11,3 M € | -0.1% | 11,3 M € | -0.1% | 11,3 M € |
| Total assets | 36 M € | -5.2% | 38 M € | +1.3% | 37,5 M € | +4.6% | 35,8 M € | +212% | 11,5 M € | -0.0% | 11,5 M € | -0.0% | 11,5 M € | -0.1% | 11,5 M € | -0.1% | 11,5 M € | -0.1% | 11,5 M € |
| Cash | 116 k € | -94.5% | 2,1 M € | +28.1% | 1,6 M € | +402626% | 409,4 € | +344% | 92,2 € | -72.1% | 329,9 € | -40.7% | 555,9 € | -94.5% | 10,2 k € | -42.0% | 17,5 k € | -27.6% | 24,2 k € |
| Debts | 2,1 k € | -99.9% | 1,9 M € | +26.8% | 1,5 M € | +587% | 218,1 k € | +10.4% | 197,6 k € | +7.2% | 184,4 k € | +4.2% | 176,9 k € | +0.0% | 176,9 k € | +1.4% | 174,4 k € | +0.8% | 173 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 14 ended
Active mandates
Etienne DE WERGIFOSSE
ActiveGuillaume FENART
ActiveHubert FENART
ActiveAdrien HENRY
ActiveChristophe LAPAQUE
ActiveEnded mandates
Etienne DE WERGIFOSSE
EndedChristophe LAPAQUE
EndedGuillaume FENART
EndedJean Luc LAYON
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
ACTISOC● Active | 0814.787.726 |
ANCIEN DEWFIN● Liquidation | 0424.890.682 |
Anciens Etablissements Deway, Servais et Cie● Liquidation | 0414.384.691 |
ARISTEA● Active | 0460.156.518 |
AS 24 - BELGIUM● Active | 0437.971.826 |
| 0768.603.650 | |
BELLA VITA● Active | 0890.019.738 |
BeLux Office Development Feeder● Active | 0759.908.985 |
BEYAERT● Active | 0837.807.014 |
BOITEUX RESIDENTIAL● Active | 0837.797.314 |
bpost● Active | 0214.596.464 |
bpostgroup● Active | 1011.508.674 |
BROUCKERE TOWER INVEST● Active | 0874.491.622 |
| 0409.077.803 | |
| 0409.196.874 | |
CERTIPOST● Active | 0475.396.406 |
CITYZEN HOLDING● Active | 0721.884.985 |
CITYZEN HOTEL● Active | 0721.520.444 |
CITYZEN OFFICE● Active | 0721.520.840 |
Cityzen Residence● Active | 0721.520.642 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Abridged model | Abridged model | Abridged 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 | 31/07/2026 | 30/09/2025 | 28/08/2024 | 31/08/2023 | 31/08/2022 | 31/08/2021 |
| General meeting | 12/05/2026 | 16/06/2025 | 19/06/2024 | 23/06/2023 | 08/06/2022 | 30/06/2021 |
| 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 |
Ratios
Financial ratios
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Annual accounts filings
11 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 12/05/2026 | 31/07/2026 | French | |
| Full modelCorrection | 31/12/2024 | 16/06/2025 | 30/09/2025 | French | |
| Full model | 31/12/2024 | 16/06/2025 | 25/08/2025 | French | |
| Full model | 31/12/2023 | 19/06/2024 | 28/08/2024 | French | |
| Abridged model | 31/12/2022 | 23/06/2023 | 31/08/2023 | French | |
| Abridged model | 31/12/2021 | 08/06/2022 | 31/08/2022 | French | |
| Abridged model | 31/12/2020 | 30/06/2021 | 31/08/2021 | French | |
| Abridged model | 31/12/2019 | 30/06/2020 | 30/10/2020 | French | |
| Micro model | 31/12/2018 | 28/06/2019 | 30/08/2019 | French | |
| Micro model | 31/12/2017 | 29/06/2018 | 30/08/2018 | French | |
| Abridged model | 31/12/2016 | 30/06/2017 | 30/08/2017 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 14 ended
Active mandates
Etienne DE WERGIFOSSE
ActiveGuillaume FENART
ActiveHubert FENART
ActiveAdrien HENRY
ActiveChristophe LAPAQUE
ActiveEnded mandates
Etienne DE WERGIFOSSE
EndedChristophe LAPAQUE
EndedGuillaume FENART
EndedJean Luc LAYON
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates15/07/2025DEMISSIONS, NOMINATIONS
- Mandates22/10/2024DEMISSIONS, NOMINATIONS
- Registered office22/02/2024SIEGE SOCIAL
- Mandates03/01/2024DEMISSIONS, NOMINATIONS
- Mandates20/09/2022DEMISSIONS, NOMINATIONS
- Mandates15/07/2022STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Mandates23/09/2021DEMISSIONS, NOMINATIONS
- Other19/02/2016DIVERS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20256,1 M €↑
- 2024Annual accounts 20245,3 M €↑
- 2023Annual accounts 20231,6 M €↑
- 2022Annual accounts 2022-21 k €↓
- 2021Annual accounts 2021-14,3 k €↓
- 2020Annual accounts 2020-7,6 k €↑
- 2019Annual accounts 2019-9,7 k €↑
- 2018Annual accounts 2018-9,8 k €↓
- 2017Annual accounts 2017-8,1 k €↑
- 2016Annual accounts 2016-210,8 k €
- 20/10/2015IncorporationPublic limited company