ACTIVE

LE FORIEST

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Financial year 2025 · closed on 31/12/2025

Net result

23,9 k €

-13.9% YoY

Gross margin

119,9 k €

-8.1% YoY

Equity

329,7 k €

+7.8% YoY

Workforce

0,0 ETP

What does LE FORIEST do?

LE FORIEST is a Public limited company incorporated in 2009. Its registered office is in Braine-le-Château.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0809.375.126

Incorporation

27/01/2009

Legal form

Public limited company

Registered office

Chaussée de Tubize(W-B) 238
1440 Braine-le-Château · WallonieSee on map

Contributed capital

120 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	119,9 k €	-8.1%	130,4 k €	-13.9%	151,5 k €	+21.5%	124,6 k €	+4.2%	119,7 k €	+5.7%	113,3 k €	+35.0%	83,9 k €	-14.8%	98,5 k €	-16.2%	117,5 k €	+17.7%	99,8 k €	+4.8%	95,2 k €	+7.5%	88,6 k €	+6.7%	83 k €	-4.5%	87 k €	+10.5%	78,7 k €	+33.6%	58,9 k €
EBITDA	113,5 k €	-8.2%	123,6 k €	-13.4%	142,8 k €	+14.5%	124,6 k €	+4.2%	119,7 k €	+5.7%	113,3 k €	+35.0%	83,9 k €	-14.8%	98,5 k €	-16.2%	117,5 k €	+17.7%	99,8 k €	+4.8%	95,2 k €	+7.5%	88,6 k €	+6.7%	83 k €	-4.5%	87 k €	+10.5%	78,7 k €	+33.6%	58,9 k €
Operating result	42,3 k €	-20.4%	53,2 k €	-26.0%	71,8 k €	+32.0%	54,4 k €	+8.9%	50 k €	+14.7%	43,6 k €	+178%	15,7 k €	-75.3%	63,5 k €	-23.1%	82,5 k €	+27.3%	64,8 k €	+7.6%	60,2 k €	+84.2%	32,7 k €	+20.4%	27,2 k €	-12.6%	31,1 k €	+36.1%	22,8 k €	-61.2%	58,9 k €
Net result	23,9 k €	-13.9%	27,8 k €	-34.8%	42,6 k €	+39.3%	30,6 k €	+99.4%	15,3 k €	+45.6%	10,5 k €	+260%	-6,6 k €	-139%	16,8 k €	-55.1%	37,5 k €	+15.1%	32,6 k €	+7.4%	30,3 k €	+1580%	-2 k €	+79.3%	-9,9 k €	-20.9%	-8,2 k €	+55.8%	-18,5 k €	+52.4%	-39 k €
Balance sheet
Equity	329,7 k €	+7.8%	305,8 k €	+10.0%	278 k €	+32.8%	209,4 k €	+17.1%	178,8 k €	+9.4%	163,5 k €	+6.9%	153 k €	-4.1%	159,6 k €	+11.8%	142,7 k €	+35.7%	105,2 k €	+44.9%	72,6 k €	+71.8%	42,3 k €	-4.6%	44,3 k €	-18.3%	54,3 k €	-13.1%	62,5 k €	-22.9%	81 k €
Total assets	1,3 M €	-3.2%	1,4 M €	-4.3%	1,4 M €	-8.9%	1,6 M €	-3.0%	1,6 M €	-3.6%	1,7 M €	-2.9%	1,8 M €	+186%	613,5 k €	-7.2%	660,9 k €	+0.1%	660 k €	-3.4%	683 k €	-2.1%	697,6 k €	-7.2%	751,4 k €	-5.5%	795 k €	-6.0%	845,4 k €	-6.5%	904 k €
Cash	17,2 k €	+183%	6,1 k €	-19.6%	7,6 k €	+7.7%	7 k €	-71.6%	24,8 k €	+31.0%	18,9 k €	+71.7%	11 k €	-71.7%	39 k €	+4758%	802,6 €	-88.4%	6,9 k €	+41.1%	4,9 k €	+21.2%	4 k €	+107%	1,9 k €	-76.4%	8,2 k €	+199%	2,8 k €	-49.9%	5,5 k €
Debts	1 M €	-6.3%	1,1 M €	-7.7%	1,2 M €	-15.2%	1,4 M €	-5.5%	1,5 M €	-5.0%	1,5 M €	-3.9%	1,6 M €	+252%	453,9 k €	-12.4%	518,2 k €	-6.6%	554,8 k €	-9.1%	610,4 k €	-6.9%	655,4 k €	-6.7%	702,1 k €	-5.2%	740,7 k €	-5.4%	782,9 k €	-4.9%	823 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 3 ended

Active mandates

Brigitte Cappelle

Director · since 29 décembre 2023

Active

Laurent Cornil

Director · since 29 décembre 2023

Active

Paul Cornil

Managing director · since 29 décembre 2023

Active

Ended mandates

Brigitte CAPPELLE

Managing director

Ended

Laurent CORNIL

Director

Ended

Paul CORNIL

Director

Ended

At this address

Other companies at this address

Company	CBE no.
EXPRESS CONSTRUCT● Active	0883.722.656
MEGABIKE R & M● Active	0462.640.708
MEGAFUN HOUSE● Active	0472.055.745
RE-LEASE● Active	1010.859.269

Annual accounts

Full financial information

	2025	2024	2023	2021	2020	2019
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	28/08/2025	31/10/2024	29/08/2022	04/08/2021	26/06/2020
General meeting	25/05/2026	26/05/2025	27/05/2024	30/05/2022	31/05/2021	25/05/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/05/2026	31/07/2026	French	PDF
Abridged model	31/12/2024	26/05/2025	28/08/2025	French	PDF
Micro model	31/12/2023	27/05/2024	31/10/2024	French	PDF
Micro model	31/12/2021	30/05/2022	29/08/2022	French	PDF
Micro model	31/12/2020	31/05/2021	04/08/2021	French	PDF
Micro model	31/12/2019	25/05/2020	26/06/2020	French	PDF
Micro model	31/12/2018	27/05/2019	25/07/2019	French	PDF
Micro model	31/12/2017	28/05/2018	28/08/2018	French	PDF
Micro model	31/12/2016	29/05/2017	22/07/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	13/07/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	26/08/2015	French	PDF
Abridged model	31/12/2013	26/05/2014	04/07/2014	French	PDF
Abridged model	31/12/2012	27/05/2013	04/07/2013	French	PDF
Abridged model	31/12/2011	28/05/2012	09/08/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	28/07/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	21/06/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 3 ended

Active mandates

Brigitte Cappelle

Director · since 29 décembre 2023

Active

Laurent Cornil

Director · since 29 décembre 2023

Active

Paul Cornil

Managing director · since 29 décembre 2023

Active

Ended mandates

Brigitte CAPPELLE

Managing director

Ended

Laurent CORNIL

Director

Ended

Paul CORNIL

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates30/09/2009
DEMISSIONS, NOMINATIONS
PDF
Court decision25/06/2009
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Other05/02/2009
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

2025
Annual accounts 202523,9 k €↓
2024
Annual accounts 202427,8 k €↓
2023
Annual accounts 202342,6 k €↑
2021
Annual accounts 202130,6 k €↑
2020
Annual accounts 202015,3 k €↑
2019
Annual accounts 201910,5 k €↑
2018
Annual accounts 2018-6,6 k €↓
2017
Annual accounts 201716,8 k €↓
2016
Annual accounts 201637,5 k €↑
2015
Annual accounts 201532,6 k €↑
2014
Annual accounts 201430,3 k €↑
2013
Annual accounts 2013-2 k €↑
2012
Annual accounts 2012-9,9 k €↓
2011
Annual accounts 2011-8,2 k €↑
2010
Annual accounts 2010-18,5 k €↑
2009
Annual accounts 2009-39 k €
27/01/2009
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LE FORIEST

Overview

What does LE FORIEST do?

Trend over 16 financial years

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