ACTIVE

FOREEST

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Financial year 2025 · closed on 30/09/2025
Net result
281,8 k €
-32.7% YoY
Revenue
790 k €
-7.7% YoY
Equity
1,9 M €
+9.6% YoY

What does FOREEST do?

FOREEST is a Private limited company incorporated in 2016. Its main activity is: Activities of holding companies. Its registered office is in Harelbeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0668.782.633
Incorporation
30/12/2016
Legal form
Private limited company
Registered office
Kervijnstraat 79
8531 Harelbeke · FlandreSee on map
Contributed capital
431 198,00 €
Latest accounts
30/09/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies01130Growing of vegetables and melons, roots and tubers01130Growing of vegetables and melons, roots and tubers68100Buying and selling of own real estate68110Buying and selling of own real estate+4
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue790 k €856,3 k €–––––––
EBITDA488,6 k €686,8 k €403,2 k €281,7 k €346,1 k €318 k €101,5 k €11,8 k €1,6 k €
Operating result382,3 k €612,8 k €307,6 k €227,7 k €336,5 k €316,7 k €100,3 k €10,5 k €324,4 €
Net result281,8 k €418,5 k €196,8 k €150,8 k €241,8 k €211,4 k €70,6 k €7,7 k €-88,9 €
Balance sheet
Equity1,9 M €1,7 M €1,3 M €1,1 M €962,5 k €720,8 k €509,4 k €438,8 k €431,1 k €
Total assets6,6 M €4,7 M €4,2 M €3,8 M €2,3 M €1,2 M €1,1 M €450 k €457,4 k €
Cash43,1 k €155,1 k €204,9 k €155,1 k €297,2 k €174,9 k €58,6 k €31,6 k €17 k €
Debts4,7 M €2,9 M €2,9 M €2,6 M €1,3 M €515,5 k €623,3 k €11,2 k €26,3 k €
Other
Workforce––0,0 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Emely VANNESTE

Director · since 30 décembre 2016

Active
MICHEL LESAGE

Director · since 30 décembre 2016

Active

Ended mandates

Emely Vanneste

Manager · since 30 décembre 2016

Ended
Michel Lesage

Manager · since 30 décembre 2016

Ended
EMELY VANNESTE

Director

Ended
MICHEL LESAGE

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
CHAMPIGNONS LESAGE● Active
0422.556.249
LESAGE MUSHROOM SALES● Active
0466.968.589
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/04/202630/04/202529/04/202429/04/202329/04/202230/04/2021
General meeting14/03/202608/03/202509/03/202411/03/202312/03/202213/03/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202514/03/202630/04/2026DutchPDF
Full model30/09/202408/03/202530/04/2025DutchPDF
Abridged model30/09/202309/03/202429/04/2024DutchPDF
Abridged model30/09/202211/03/202329/04/2023DutchPDF
Abridged model30/09/202112/03/202229/04/2022DutchPDF
Abridged model30/09/202013/03/202130/04/2021DutchPDF
Abridged model30/09/201914/03/202030/04/2020DutchPDF
Abridged model30/09/201809/03/201930/04/2019DutchPDF
Abridged model30/09/201710/03/201819/03/2018DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Emely VANNESTE

Director · since 30 décembre 2016

Active
MICHEL LESAGE

Director · since 30 décembre 2016

Active

Ended mandates

Emely Vanneste

Manager · since 30 décembre 2016

Ended
Michel Lesage

Manager · since 30 décembre 2016

Ended
EMELY VANNESTE

Director

Ended
MICHEL LESAGE

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/01/2017
    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 2025281,8 k €↓
  2. 2024
    Annual accounts 2024418,5 k €↑
  3. 2023
    Annual accounts 2023196,8 k €↑
  4. 2022
    Annual accounts 2022150,8 k €↓
  5. 2021
    Annual accounts 2021241,8 k €↑
  6. 2020
    Annual accounts 2020211,4 k €↑
  7. 2019
    Annual accounts 201970,6 k €↑
  8. 2018
    Annual accounts 20187,7 k €↑
  9. 2017
    Annual accounts 2017-88,9 €
  10. 30/12/2016
    IncorporationPrivate limited company