NORMAL SITUATION

forty2

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Financial year 2025 · closed on 31/12/2025
Net result
10,7 k €
-58.0% YoY
Gross margin
17 k €
-51.9% YoY
Equity
215,4 k €
+5.2% YoY

Company — Normal situation.

Strike-off: 02 septembre 2026

What does forty2 do?

forty2 is a Private limited company incorporated in 2020.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0744.542.306
Incorporation
27/02/2020
Legal form
Private limited company
Contributed capital
152 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin17 k €35,3 k €35,6 k €40,1 k €12,6 k €-8,4 k €
EBITDA16,1 k €34,8 k €34,9 k €39,3 k €8,9 k €-44,7 k €
Operating result16,1 k €34,8 k €34,9 k €39,3 k €8,9 k €-44,7 k €
Net result10,7 k €25,5 k €25,6 k €37,9 k €8,5 k €-44,7 k €
Balance sheet
Equity215,4 k €204,7 k €179,2 k €153,6 k €115,8 k €107,3 k €
Total assets282,6 k €301,6 k €259,5 k €387,2 k €198,7 k €162,3 k €
Cash236,3 k €242,8 k €207,3 k €2,2 k €29,7 k €60,8 k €
Debts67,2 k €96,6 k €80 k €233,3 k €83 k €55,1 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

DREAMSCAPER

Persoon belast met dagelijks bestuur · since 01 avril 2025 · 1016.509.322

Represented by Potier Meric

Active
Philippe Cassoulat

Director · since 01 janvier 2024

Active
Garick Libaud

Director · since 08 décembre 2022

Active
Mikaël Thepaut

Director · since 08 décembre 2022

Active

Ended mandates

DREAMSCAPER

Persoon belast met dagelijks bestuur · since 17 mars 2025 · 1016.509.322

Represented by Potier MERIC

Ended
Johannes Smeets

Managing director · since 27 février 2020

Ended
Jonas Tundo

Managing director · since 27 février 2020

Ended
Garick Libaud

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202127/02/2020
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 months11 months
Filing date15/06/202610/07/202528/06/202403/07/202328/07/202230/07/2021
General meeting10/06/202611/06/202512/06/202414/06/202308/06/202209/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/06/202615/06/2026DutchPDF
Abridged model31/12/202411/06/202510/07/2025DutchPDF
Abridged model31/12/202312/06/202428/06/2024DutchPDF
Micro model31/12/202214/06/202303/07/2023DutchPDF
Micro model31/12/202108/06/202228/07/2022DutchPDF
Micro model31/12/202009/06/202130/07/2021DutchPDF
Estimate

Indicative valuation

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 · 4 active · 9 ended

Active mandates

DREAMSCAPER

Persoon belast met dagelijks bestuur · since 01 avril 2025 · 1016.509.322

Represented by Potier Meric

Active
Philippe Cassoulat

Director · since 01 janvier 2024

Active
Garick Libaud

Director · since 08 décembre 2022

Active
Mikaël Thepaut

Director · since 08 décembre 2022

Active

Ended mandates

DREAMSCAPER

Persoon belast met dagelijks bestuur · since 17 mars 2025 · 1016.509.322

Represented by Potier MERIC

Ended
Johannes Smeets

Managing director · since 27 février 2020

Ended
Jonas Tundo

Managing director · since 27 février 2020

Ended
Garick Libaud

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring10/09/2026
    VERRICHTING GELIJKGESTELD MET EEN FUSIE DOOR OVERNEMING
    PDF
  • Restructuring25/06/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates03/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2020
    ONTSLAGEN - BENOEMINGEN
    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 202510,7 k €↓
  2. 2024
    Annual accounts 202425,5 k €↓
  3. 2023
    Annual accounts 202325,6 k €↓
  4. 2022
    Annual accounts 202237,9 k €↑
  5. 2021
    Annual accounts 20218,5 k €↑
  6. 2020
    Annual accounts 2020-44,7 k €
  7. 27/02/2020
    IncorporationPrivate limited company