ACTIVE

FORMALYS

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Financial year 2025 · closed on 31/12/2025
Net result
-6 k €
+78.2% YoY
Gross margin
23,9 k €
+159.5% YoY
Equity
6,2 k €
-49.2% YoY

What does FORMALYS do?

FORMALYS is a Private limited company incorporated in 2023. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Comines-Warneton.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0802.436.458
Incorporation
06/06/2023
Legal form
Private limited company
Registered office
Rue Fosse-Saint-Jean(COM) 26
7780 Comines-Warneton · WallonieSee on map
Contributed capital
40 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
74909Other professional, scientific and technical activities n.e.c.· main74999Other professional, scientific and technical activities n.e.c.
Contacts
1 public detail availableLog in to view
Signals
Positive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin23,9 k €9,2 k €
EBITDA18,7 k €4 k €
Operating result8,1 k €-12,1 k €
Net result-6 k €-27,7 k €
Balance sheet
Equity6,2 k €12,3 k €
Total assets331,5 k €345,5 k €
Cash7,5 k €6,5 k €
Debts325,3 k €331,8 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 · 2 active · 2 ended

Active mandates

BERTRAND LAGRUE

Director

Active
STEPHANE VERHELST

Director

Active

Ended mandates

BERTRAND LAGRUE

Director · since 06 juin 2023

Ended
STEPHANE VERHELST

Director · since 06 juin 2023

Ended
Annual accounts

Full financial information

20252024
Type of accountMicro modelMicro model
Start of the financial year01/01/202506/06/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months19 months
Filing date31/07/202631/07/2025
General meeting25/06/202626/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/06/202631/07/2026FrenchPDF
Micro model31/12/202426/06/202531/07/2025FrenchPDF
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 · 2 active · 2 ended

Active mandates

BERTRAND LAGRUE

Director

Active
STEPHANE VERHELST

Director

Active

Ended mandates

BERTRAND LAGRUE

Director · since 06 juin 2023

Ended
STEPHANE VERHELST

Director · since 06 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other08/06/2023
    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 2025-6 k €↑
  2. 2024
    Annual accounts 2024-27,7 k €
  3. 06/06/2023
    IncorporationPrivate limited company