ACTIVE

Fortinet Belgium BV

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Financial year 2025 · Closed on 31/12/2025

Net result895,5 k €+18,9 %over 1 year
Revenue27,2 M €+24,3 %over 1 year
Equity3,9 M €+30,1 %over 1 year
Workforce86,1 ETP+17,3 %over 1 year

Identity

Source · BCE/KBO

Fortinet Belgium BV is a Private limited company incorporated in 2019. Its main activity is: Other information technology and computer service activities. Its registered office is in Machelen (Brab.). It employs on average 86,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0736.509.320
Incorporation
17/10/2019
Legal form
Private limited company
Registered office
De Kleetlaan 5BC
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
86,1 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 6 filings

Trend over 6 financial years

20252024202320222021
Income statement
Revenue27,2 M €21,9 M €–––
EBITDA2,2 M €1,6 M €1,2 M €1,3 M €846,6 k €
Operating result1,5 M €1,3 M €1,2 M €1,3 M €841,3 k €
Net result895,5 k €753,1 k €695,4 k €817,1 k €509,8 k €
Balance sheet
Equity3,9 M €3 M €2,2 M €1,5 M €710,1 k €
Total assets11,6 M €7 M €5,6 M €4,9 M €4 M €
Cash4,6 M €2,7 M €1,3 M €2 M €1,1 M €
Debts6,6 M €3,4 M €3,2 M €3,1 M €3,3 M €
Other
Workforce86,1 ETP73,4 ETP70,9 ETP59,0 ETP47,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 5 ended

Active mandates

Margrit Christiane Ohlgart

Director · since 01 avril 2026

Active
Brian Pollard

Director · since 25 octobre 2022 · until 24 février 2026

Active
James Richberg

Director · since 25 octobre 2022 · until 24 octobre 2027

Active
Declan Michael FITZPATRICK

Director · since 17 octobre 2019

Active
Lindsey Marie Cayanan

Director · since 17 octobre 2019

Active

Ended mandates

Brian Pollard

Director · since 25 octobre 2022

Ended
John Lunsford Gregory WHITTLE

Director · since 17 octobre 2019 · until 20 avril 2021

Ended
John Lunsford Gregory WHITTLE

Director · since 17 octobre 2019

Ended
Keith Franklin JENSEN

Director · since 17 octobre 2019 · until 20 avril 2021

Ended

Other companies at this address

De Kleetlaan 5BC 1831 Machelen (Brab.)
CompanyCBE no.
AAMAL EUROPE INVESTMENT● Active
0793.992.906
ABND Drinks Company Belux● Active
1041.703.685
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0780.755.473
ALH Cie● Active
1025.449.554
ARL GROUP● Active
1034.195.489
Ascensia Diabetes Care Belgium● Active
0636.787.578
ATIS● Active
0898.887.122
Autodoc Belgium● Active
1015.401.839
BIOCON BIOLOGICS BELGIUM● Active
0801.406.278
Corza Medical● Active
0759.493.073
Cyclomedia Belgium● Active
1011.495.313
D.O.S.● Active
0648.910.796
DRAAK BOKEN● Active
1010.997.049
EM&S CONSTRUCT● Active
0781.966.290
Epredia Belgium● Active
0725.526.346
EUZCN● Active
0668.536.074
GG One● Active
1027.105.878
GLOBIS Europe● Active
0788.604.357
I.I.A.-BEL, INSTITUUT VAN INTERNE AUDITOREN-BELGIE - INSTITUT DES AUDITEURS INTERNES-BELGIQUE - INSTITUTEOF INTERNAL AUDITORS-BELGIUM● Active
0429.642.395
INDEPENDENT RISK INSURANCE ADVISORY SERVICES● Active
0537.834.811

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202117/10/2019
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 months15 months
Filing date04/08/202622/07/202517/07/202414/07/202304/07/202222/06/2021
General meeting29/07/202610/07/202512/07/202430/06/202307/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/07/202604/08/2026DutchPDF
Full model31/12/202410/07/202522/07/2025DutchPDF
Abridged model31/12/202312/07/202417/07/2024DutchPDF
Abridged model31/12/202230/06/202314/07/2023DutchPDF
Abridged model31/12/202107/06/202204/07/2022DutchPDF
Abridged model31/12/202015/06/202122/06/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

5 active · 5 ended

Active mandates

Margrit Christiane Ohlgart

Director · since 01 avril 2026

Active
Brian Pollard

Director · since 25 octobre 2022 · until 24 février 2026

Active
James Richberg

Director · since 25 octobre 2022 · until 24 octobre 2027

Active
Declan Michael FITZPATRICK

Director · since 17 octobre 2019

Active
Lindsey Marie Cayanan

Director · since 17 octobre 2019

Active

Ended mandates

Brian Pollard

Director · since 25 octobre 2022

Ended
John Lunsford Gregory WHITTLE

Director · since 17 octobre 2019 · until 20 avril 2021

Ended
John Lunsford Gregory WHITTLE

Director · since 17 octobre 2019

Ended
Keith Franklin JENSEN

Director · since 17 octobre 2019 · until 20 avril 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/08/2026
    Herbenoeming van de commissaris - Volmacht
    PDF
  • Mandates29/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/01/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/10/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025895,5 k €↑
  2. 2024
    Annual accounts 2024753,1 k €↑
  3. 2023
    Annual accounts 2023695,4 k €↓
  4. 2022
    Annual accounts 2022817,1 k €↑
  5. 2021
    Annual accounts 2021509,8 k €↑
  6. 2020
    Annual accounts 2020181,8 k €
  7. 17/10/2019
    IncorporationPrivate limited company