ACTIVE

FORESTCO

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Financial year 2025 · closed on 31/12/2025
Net result
118,4 k €
-16.9% YoY
Gross margin
376,1 k €
+123.0% YoY
Equity
2 k €
0.0% YoY
Workforce
2,8 ETP
+21.7% YoY

What does FORESTCO do?

FORESTCO is a Private limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Sprimont. It employs on average 2,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0646.716.618
Incorporation
18/01/2016
Legal form
Private limited company
Registered office
Rue de la Pêcherie(DLX) 2
4140 Sprimont · WallonieSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Average workforce
2,8 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Joint committees (2)
  • 100
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin376,1 k €168,6 k €157,9 k €258,2 k €209,1 k €141,2 k €188,6 k €154,8 k €141,5 k €47 k €
EBITDA204,4 k €45,6 k €48,9 k €167,9 k €133 k €75,8 k €135,9 k €108,5 k €104,7 k €23,1 k €
Operating result174,8 k €33,1 k €40,1 k €162,8 k €127,4 k €66,2 k €126,6 k €101,8 k €93,9 k €12,7 k €
Net result118,4 k €142,5 k €278,1 k €250 k €147,5 k €54,4 k €320,4 k €83,1 k €112,3 k €102,9 k €
Balance sheet
Equity2 k €2 k €2 k €18,6 k €20,5 k €41,8 k €625 k €304,5 k €221,5 k €109,1 k €
Total assets627,6 k €529,9 k €587,8 k €542,2 k €360,2 k €293,1 k €681,4 k €347,7 k €471,7 k €243 k €
Cash170,8 k €35,6 k €3,4 k €4,4 k €37,2 k €15,9 k €13,9 k €65,5 k €39,4 k €10,3 k €
Debts625,6 k €527,9 k €585,8 k €523,6 k €338,4 k €251,4 k €56,4 k €43,2 k €250,2 k €133,8 k €
Other
Workforce2,8 ETP2,3 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP1,3 ETP1,0 ETP1,0 ETP0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Philippe Lafontaine

Director

Active

Ended mandates

Philippe LAFONTAINE

Director · since 18 janvier 2016

Ended
Philippe LAFONTAINE

Manager · since 18 janvier 2016

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date25/06/202625/06/202516/07/202428/06/202315/07/202225/06/2021
General meeting23/06/202624/06/202525/06/202427/06/202328/06/202222/06/2021
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 model31/12/202523/06/202625/06/2026FrenchPDF
Abridged model31/12/202424/06/202525/06/2025FrenchPDF
Abridged model31/12/202325/06/202416/07/2024FrenchPDF
Abridged model31/12/202227/06/202328/06/2023FrenchPDF
Abridged model31/12/202128/06/202215/07/2022FrenchPDF
Abridged model31/12/202022/06/202125/06/2021FrenchPDF
Abridged model31/12/201928/02/202026/03/2020FrenchPDF
Abridged model31/12/201825/06/201926/06/2019FrenchPDF
Abridged model31/12/201726/06/201816/08/2018FrenchPDF
Abridged model31/12/201627/06/201727/07/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 1 active · 2 ended

Active mandates

Philippe Lafontaine

Director

Active

Ended mandates

Philippe LAFONTAINE

Director · since 18 janvier 2016

Ended
Philippe LAFONTAINE

Manager · since 18 janvier 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office29/11/2019
    SIEGE SOCIAL
    PDF
  • Mandates28/06/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other20/01/2016
    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 2025118,4 k €↓
  2. 2024
    Annual accounts 2024142,5 k €↓
  3. 2023
    Annual accounts 2023278,1 k €↑
  4. 2022
    Annual accounts 2022250 k €↑
  5. 2021
    Annual accounts 2021147,5 k €↑
  6. 2020
    Annual accounts 202054,4 k €↓
  7. 2019
    Annual accounts 2019320,4 k €↑
  8. 2018
    Annual accounts 201883,1 k €↓
  9. 2017
    Annual accounts 2017112,3 k €↑
  10. 2016
    Annual accounts 2016102,9 k €
  11. 18/01/2016
    IncorporationPrivate limited company