ACTIVE

FORGREEN

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Financial year 2025 · closed on 31/12/2025
Net result
11,9 k €
+147.4% YoY
Revenue
20,5 k €
+34.0% YoY
Equity
169,5 k €
-24.2% YoY

What does FORGREEN do?

FORGREEN is a Private company with limited liability incorporated in 2009. Its main activity is: Landscape service activities. Its registered office is in Quévy.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0816.756.925
Incorporation
23/06/2009
Legal form
Private company with limited liability
Registered office
Enclos de Warelles(QLG) 2
7040 Quévy · WallonieSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Activities (NACE)
81300Landscape service activities· main81300Landscape service activities47761Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores47761Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores71113Architectural activities71113Architectural activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120182017201620152014201220112010
Income statement
Revenue20,5 k €15,3 k €14,5 k €35,9 k €20 k €––––––107,4 k €–
EBITDA16,6 k €11,8 k €30,7 k €26 k €10,6 k €91 k €63,3 k €84,8 k €53,9 k €59 k €34,3 k €69,8 k €71,5 k €
Operating result11,5 k €6,5 k €25,3 k €20,7 k €10,1 k €61,3 k €34,1 k €60,3 k €29,9 k €44,6 k €763,2 €36,4 k €36,9 k €
Net result11,9 k €4,8 k €18,3 k €15,4 k €1,5 k €41 k €20,6 k €40,8 k €21,6 k €27,7 k €37,3 €26,1 k €32,2 k €
Balance sheet
Equity169,5 k €223,5 k €262,7 k €267,4 k €252 k €233,4 k €192,4 k €171,8 k €131 k €109,5 k €50,7 k €50,7 k €24,6 k €
Total assets209,7 k €234,3 k €270,3 k €277,3 k €263 k €312,1 k €300,6 k €272,3 k €239,2 k €252,4 k €145,7 k €147,1 k €114,1 k €
Cash610,7 €18,8 k €250,2 k €248,1 k €258,2 k €194,6 k €202,5 k €186,2 k €124,5 k €188,9 k €114,7 k €86,6 k €31,8 k €
Debts40,3 k €10,8 k €7,5 k €9,9 k €11 k €76,5 k €104,8 k €96,1 k €106,4 k €142,9 k €95 k €96,4 k €88,3 k €
Other
Workforce––––––––1,0 ETP1,0 ETP0,3 ETP0,3 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Ludger EWBANK de WESPIN

Mandate

Active

Ended mandates

Ludger EWBANK de WESPIN

Manager · since 03 juillet 2009

Ended
LUDGER EWBANK DE WESPIN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2018
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202631/08/202530/11/202401/09/202331/08/202229/08/2019
General meeting20/06/202620/06/202520/06/202420/06/202320/06/202220/06/2019
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/06/202630/08/2026FrenchPDF
Micro model31/12/202420/06/202531/08/2025FrenchPDF
Micro model31/12/202320/06/202430/11/2024FrenchPDF
Micro model31/12/202220/06/202301/09/2023FrenchPDF
Micro model31/12/202120/06/202231/08/2022FrenchPDF
Micro model31/12/201820/06/201929/08/2019FrenchPDF
Micro model31/12/201720/06/201831/08/2018FrenchPDF
Micro model31/12/201620/06/201731/08/2017FrenchPDF
Abridged model31/12/201520/06/201627/09/2016FrenchPDF
Abridged model31/12/201420/06/201531/08/2015FrenchPDF
Abridged model31/12/201220/06/201330/09/2013FrenchPDF
Abridged model31/12/201120/06/201231/08/2012FrenchPDF
Abridged model31/12/201020/06/201131/08/2011FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 2 ended

Active mandates

Ludger EWBANK de WESPIN

Mandate

Active

Ended mandates

Ludger EWBANK de WESPIN

Manager · since 03 juillet 2009

Ended
LUDGER EWBANK DE WESPIN

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. 2025
    Annual accounts 202511,9 k €↑
  2. 2024
    Annual accounts 20244,8 k €↓
  3. 2023
    Annual accounts 202318,3 k €↑
  4. 2022
    Annual accounts 202215,4 k €↑
  5. 2021
    Annual accounts 20211,5 k €↓
  6. 2018
    Annual accounts 201841 k €↑
  7. 2017
    Annual accounts 201720,6 k €↓
  8. 2016
    Annual accounts 201640,8 k €↑
  9. 2015
    Annual accounts 201521,6 k €↓
  10. 2014
    Annual accounts 201427,7 k €↑
  11. 2012
    Annual accounts 201237,3 €↓
  12. 2011
    Annual accounts 201126,1 k €↓
  13. 2010
    Annual accounts 201032,2 k €
  14. 23/06/2009
    IncorporationPrivate company with limited liability