ACTIVE

FORWARD Services

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Financial year 2025 · Closed on 31/12/2025

Net result596,8 k €+30,7 %over 1 year

Revenue8,8 M €-6,7 %over 1 year

Equity1,7 M €+20,0 %over 1 year

Workforce37,0 ETP-14,5 %over 1 year

Identity

Source · BCE/KBO

FORWARD Services is a Public limited company incorporated in 2017. Its main activity is: Computer consultancy activities. Its registered office is in Hasselt. It employs on average 37,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0673.543.848
Incorporation: 27/03/2017
Legal form: Public limited company
Registered office: Kempische steenweg 311 box 5.01
3500 Hasselt · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 37,0 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	8,8 M €	-6.7%	9,4 M €	+7.0%	8,8 M €	-19.4%	10,9 M €	+31.6%	8,3 M €
EBITDA	779,8 k €	+9.4%	713 k €	+5606%	-12,9 k €	-102%	804,4 k €	-30.6%	1,2 M €
Operating result	797,9 k €	+23.7%	644,9 k €	+1471%	-47 k €	-106%	773 k €	-32.1%	1,1 M €
Net result	596,8 k €	+30.7%	456,6 k €	+643%	-84,2 k €	-116%	520,4 k €	-35.6%	808,1 k €
Balance sheet
Equity	1,7 M €	+20.0%	1,4 M €	+15.1%	1,2 M €	-6.5%	1,3 M €	-9.8%	1,4 M €
Total assets	3,3 M €	+7.4%	3,1 M €	+25.2%	2,4 M €	-23.6%	3,2 M €	+16.7%	2,7 M €
Cash	20,3 k €	-49.8%	40,4 k €	-50.5%	81,6 k €	+8.9%	74,9 k €	+121%	33,9 k €
Debts	1,6 M €	-4.1%	1,7 M €	+35.1%	1,2 M €	-34.9%	1,9 M €	+44.5%	1,3 M €
Other
Workforce	37,0 ETP	-14.5%	43,3 ETP	-16.6%	51,9 ETP	+1.4%	51,2 ETP	+28.0%	40,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
De Cronos Groep0467.132.994Represented by Dirk Deroost	Director22/03/2017 → 21/06/2028
Josephus de Wit	Director22/03/2017 → 21/06/2028
XGD0557.979.137Represented by Paul Claes	Director22/03/2017 → 21/06/2028
Xplore Group Commerce0635.475.011Represented by Tim Goffings	Director01/08/2020 → 21/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk Deroost	Director22/03/2017 → 2018 accounts
Josephus de Wt	Director22/03/2017 → 2018 accounts

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	24/08/2026	22/08/2025	23/07/2024	14/08/2023	23/08/2022	06/08/2021
General meeting	29/07/2026	17/07/2025	19/06/2024	30/06/2023	27/07/2022	16/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/07/2026	24/08/2026	Dutch	PDF
Abridged model	31/12/2024	17/07/2025	22/08/2025	Dutch	PDF
Abridged model	31/12/2023	19/06/2024	23/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	14/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/07/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	16/06/2021	06/08/2021	Dutch	PDF
Abridged model	31/12/2019	17/06/2020	09/07/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	24/06/2019	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
De Cronos Groep0467.132.994Represented by Dirk Deroost	Director22/03/2017 → 21/06/2028
Josephus de Wit	Director22/03/2017 → 21/06/2028
XGD0557.979.137Represented by Paul Claes	Director22/03/2017 → 21/06/2028
Xplore Group Commerce0635.475.011Represented by Tim Goffings	Director01/08/2020 → 21/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk Deroost	Director22/03/2017 → 2018 accounts
Josephus de Wt	Director22/03/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other12/02/2019
BENAMING
PDF
Mandates31/01/2018
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings8 filings

Mandates

De Cronos Groep

XGD

Xplore Group Commerce

Josephus de Wit

Josephus de Wt

Dirk Deroost

201720182019202020212022202320242025202620272028

FORWARD Services

Kempische steenweg 311 bte 5.01, 3500 Hasselt

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kempische steenweg 311 bte 5.01, 3500 HasseltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00430106

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FORWARD ServicesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00430106

Events

2025
Annual accounts 2025596,8 k €↑
2024
Annual accounts 2024456,6 k €↑
2023
Annual accounts 2023-84,2 k €↓
2022
Annual accounts 2022520,4 k €↓
2021
Annual accounts 2021808,1 k €↑
2020
Annual accounts 202078,1 k €↓
2019
Annual accounts 2019398,6 k €↑
2018
Annual accounts 2018177,8 k €
27/03/2017
IncorporationPublic limited company

FORWARD Services

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events