ACTIVE

FORMES LIBRES

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Financial year 2025 · closed on 31/12/2025
Net result
910,6 €
+25.9% YoY
Gross margin
26,2 k €
-17.6% YoY
Equity
46,9 k €
+2.0% YoY

What does FORMES LIBRES do?

FORMES LIBRES is a Private company with limited liability incorporated in 2017. Its registered office is in Etterbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0677.476.506
Incorporation
22/06/2017
Legal form
Private company with limited liability
Registered office
Boulevard Louis Schmidt 24
1040 Etterbeek · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin26,2 k €31,8 k €42,8 k €46,3 k €39,6 k €76,1 k €52,3 k €26 k €
EBITDA6,1 k €6,7 k €14,3 k €18,4 k €14,8 k €33,6 k €4,5 k €11,4 k €
Operating result3,3 k €2,9 k €6,7 k €10,1 k €7,4 k €30,3 k €2,1 k €7,9 k €
Net result910,6 €723,2 €4,2 k €6,1 k €6,8 k €28,1 k €978,9 €5,5 k €
Balance sheet
Equity46,9 k €46 k €45,3 k €41,1 k €35 k €28,2 k €15,1 k €11,7 k €
Total assets65 k €75,6 k €77 k €87,5 k €84,3 k €83 k €56 k €45,5 k €
Cash8,6 k €4,1 k €19,1 k €26,9 k €21 k €7,5 k €14,3 k €6,7 k €
Debts18,1 k €29,6 k €31,8 k €46,4 k €49,3 k €54,8 k €40,9 k €33,8 k €
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 31/12/2025 · 1 active · 2 ended

Active mandates

Patrick VANBELLINGHEN

Mandate

Active

Ended mandates

Patrick VANBELLINGHEN

Director

Ended
Patrick VANBELLINGHEN

Manager

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date27/08/202630/08/202511/10/202430/08/202331/08/202223/07/2021
General meeting19/08/202630/06/202525/09/202415/06/202316/06/202217/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/08/202627/08/2026FrenchPDF
Micro model31/12/202430/06/202530/08/2025FrenchPDF
Micro model31/12/202325/09/202411/10/2024FrenchPDF
Micro model31/12/202215/06/202330/08/2023FrenchPDF
Micro model31/12/202116/06/202231/08/2022FrenchPDF
Micro model31/12/202017/06/202123/07/2021FrenchPDF
Micro model31/12/201931/08/202008/09/2020FrenchPDF
Micro model31/12/201820/06/201930/08/2019FrenchPDF
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 31/12/2025 · 1 active · 2 ended

Active mandates

Patrick VANBELLINGHEN

Mandate

Active

Ended mandates

Patrick VANBELLINGHEN

Director

Ended
Patrick VANBELLINGHEN

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other26/06/2017
    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 2025910,6 €↑
  2. 2024
    Annual accounts 2024723,2 €↓
  3. 2023
    Annual accounts 20234,2 k €↓
  4. 2022
    Annual accounts 20226,1 k €↓
  5. 2021
    Annual accounts 20216,8 k €↓
  6. 2020
    Annual accounts 202028,1 k €↑
  7. 2019
    Annual accounts 2019978,9 €↓
  8. 2018
    Annual accounts 20185,5 k €
  9. 22/06/2017
    IncorporationPrivate company with limited liability