NORMAL SITUATION

FORWARD

Financial year 2023 · closed on 31/12/2023
Net result
32,5 k €
+232.3% YoY
Gross margin
68,5 k €
+129.4% YoY
Equity
116,0 k €
+38.8% YoY

Company — Normal situation.

What does FORWARD do?

FORWARD is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0809.683.447
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2023202220212020201920182017201620152014
Income statement
Gross margin68,5 k €29,9 k €20,8 k €26,3 k €32,4 k €20,8 k €25,8 k €18,5 k €26,4 k €34,1 k €
EBITDA60,7 k €28,9 k €19,8 k €25,1 k €31,1 k €19,5 k €23,9 k €16,0 k €24,9 k €32,7 k €
Operating result53,2 k €20,4 k €10,8 k €17,6 k €23,3 k €13,8 k €13,0 k €5,1 k €12,5 k €16,3 k €
Net result32,5 k €9,8 k €4,1 k €9,5 k €13,7 k €6,9 k €5,4 k €38,6 €3,9 k €8,4 k €
Balance sheet
Equity116,0 k €83,6 k €73,8 k €69,7 k €60,2 k €46,5 k €39,6 k €34,2 k €34,2 k €30,2 k €
Total assets236,0 k €193,9 k €183,8 k €200,5 k €208,4 k €201,4 k €206,9 k €202,7 k €226,0 k €239,5 k €
Cash40,0 k €20,4 k €2,8 k €19,0 k €5,5 k €30,5 k €34,4 k €784,9 €27,2 k €20,1 k €
Debts111,3 k €109,1 k €108,9 k €129,6 k €147,0 k €153,7 k €166,1 k €167,3 k €190,7 k €209,3 k €
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 2 ended

Active mandates

Lies Simons

Director · since 01 août 2023

Active
Bert Peters

Director · until 22 juillet 2023

Active

Ended mandates

Bert Peters

Director

Ended
Bert Peters

Manager

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/05/202404/07/202325/08/202227/08/202130/06/202029/08/2019
General meeting06/05/202405/06/202307/06/202207/06/202102/06/202003/06/2019
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202306/05/202407/05/2024DutchPDF
Micro model31/12/202205/06/202304/07/2023DutchPDF
Micro model31/12/202107/06/202225/08/2022DutchPDF
Micro model31/12/202007/06/202127/08/2021DutchPDF
Micro model31/12/201902/06/202030/06/2020DutchPDF
Micro model31/12/201803/06/201929/08/2019DutchPDF
Micro model31/12/201704/06/201808/06/2018DutchPDF
Abridged model31/12/201606/06/201713/06/2017DutchPDF
Abridged model31/12/201506/06/201628/07/2016DutchPDF
Abridged model31/12/201401/06/201531/08/2015DutchPDF
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 31/12/2023 · 2 active · 2 ended

Active mandates

Lies Simons

Director · since 01 août 2023

Active
Bert Peters

Director · until 22 juillet 2023

Active

Ended mandates

Bert Peters

Director

Ended
Bert Peters

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 202332,5 k €
  2. 2022
    Annual accounts 20229,8 k €
  3. 2021
    Annual accounts 20214,1 k €
  4. 2020
    Annual accounts 20209,5 k €
  5. 2019
    Annual accounts 201913,7 k €
  6. 2018
    Annual accounts 20186,9 k €
  7. 2017
    Annual accounts 20175,4 k €
  8. 2016
    Annual accounts 201638,6 €
  9. 2015
    Annual accounts 20153,9 k €
  10. 2014
    Annual accounts 20148,4 k €