ACTIVE

FORAX

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Financial year 2024 · closed on 31/12/2024
Net result
-6,4 k €
-41.4% YoY
Gross margin
1,1 M €
+18.4% YoY
Equity
1,1 M €
-0.6% YoY
Workforce
14,9 ETP
+20.2% YoY

What does FORAX do?

FORAX is a Public limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Zaventem. It employs on average 14,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0829.092.949
Incorporation
08/09/2010
Legal form
Public limited company
Registered office
Excelsiorlaan 19
1930 Zaventem · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2024
Average workforce
14,9 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.46190Agents involved in the sale of a variety of goods46190Agents involved in the sale of a variety of goods
Joint committees (2)
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20242023202220212020201920182017201620152014201320122011
Income statement
Gross margin1,1 M €950,9 k €721,1 k €721,4 k €579,1 k €1,6 M €948,9 k €883,5 k €684 k €538,7 k €485,7 k €438,8 k €-168,3 k €-523 k €
EBITDA118,5 k €97,7 k €86,1 k €91,9 k €83,4 k €661,2 k €195,7 k €326 k €231,9 k €178,7 k €158,6 k €147,4 k €-346,3 k €-612,5 k €
Operating result50,6 k €47 k €28,2 k €22,5 k €9,1 k €559,2 k €120,9 k €268,2 k €189 k €144,7 k €126,5 k €119,4 k €-451 k €-653,2 k €
Net result-6,4 k €-4,5 k €-1,4 k €-9,4 k €-400,5 €319,8 k €113,6 k €260,5 k €183,1 k €144,1 k €121,2 k €110,5 k €-455,4 k €-658,4 k €
Balance sheet
Equity1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €819,3 k €705,6 k €445,1 k €262,1 k €118 k €-3,2 k €-113,7 k €88,5 k €
Total assets7,3 M €7,4 M €6,2 M €8,6 M €5,2 M €4,2 M €3,8 M €3,1 M €2,5 M €1 M €1,2 M €984,3 k €728,8 k €578,7 k €
Cash1,8 M €3,2 M €1,8 M €3,8 M €1,1 M €420,4 k €542,7 k €366,6 k €494,5 k €105,1 k €91,7 k €98,8 k €11,6 k €194,5 k €
Debts6,2 M €6,3 M €5,1 M €7,4 M €4,1 M €3,1 M €3 M €2,4 M €2,1 M €782,6 k €1,1 M €987,5 k €842,5 k €490,1 k €
Other
Workforce14,9 ETP12,4 ETP11,6 ETP12,1 ETP10,8 ETP17,0 ETP15,8 ETP13,0 ETP10,0 ETP8,5 ETP7,8 ETP7,0 ETP6,0 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 19 ended

Active mandates

ALRIVA

Managing director · since 16 juin 2022 · until 15 juin 2028 · 0470.653.403

Represented by Elias JUAN BLASI

Active
FUMAS

Managing director · since 16 juin 2022 · until 15 juin 2028 · 0828.679.512

Represented by Thomas SEGAERT

Active
OUBARO

Managing director · since 16 juin 2022 · until 15 juin 2028 · 0473.919.333

Represented by Christiaan SPEK

Active

Ended mandates

ALRIVA

Managing director · since 19 décembre 2019 · until 19 juin 2025 · 0470.653.403

Represented by Elias Juan Blasi

Ended
ALRIVA

Managing director · since 19 décembre 2019 · until 19 juin 2025 · 0470.653.403

Represented by Elias Juan Blasi

Ended
FUMAS

Managing director · since 19 décembre 2019 · until 19 juin 2025 · 0828.679.512

Represented by Thomas Segaert

Ended
FUMAS

Managing director · since 19 décembre 2019 · until 19 juin 2025 · 0828.679.512

Represented by Thomas Segaert

Ended
At this address

Other companies at this address

CompanyCBE no.
Forax Group● Active
0746.805.869
FORAX SERVICES● Active
0667.568.648
Traxbel● Active
0738.927.192
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/06/202515/07/202406/07/202306/07/202201/07/202110/08/2020
General meeting19/06/202520/06/202415/06/202316/06/202217/06/202118/06/2020
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202419/06/202527/06/2025DutchPDF
Abridged model31/12/202320/06/202415/07/2024DutchPDF
Abridged model31/12/202215/06/202306/07/2023DutchPDF
Abridged model31/12/202116/06/202206/07/2022DutchPDF
Abridged model31/12/202017/06/202101/07/2021DutchPDF
Abridged model31/12/201918/06/202010/08/2020DutchPDF
Abridged model31/12/201820/06/201915/07/2019DutchPDF
Abridged model31/12/201721/06/201828/06/2018DutchPDF
Abridged model31/12/201615/06/201727/06/2017DutchPDF
Abridged model31/12/201516/06/201623/06/2016DutchPDF
Abridged model31/12/201418/06/201522/06/2015DutchPDF
Abridged model31/12/201319/06/201420/06/2014DutchPDF
Abridged model31/12/201220/06/201319/07/2013DutchPDF
Abridged model31/12/201121/06/201205/07/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 31/12/2024 · 3 active · 19 ended

Active mandates

ALRIVA

Managing director · since 16 juin 2022 · until 15 juin 2028 · 0470.653.403

Represented by Elias JUAN BLASI

Active
FUMAS

Managing director · since 16 juin 2022 · until 15 juin 2028 · 0828.679.512

Represented by Thomas SEGAERT

Active
OUBARO

Managing director · since 16 juin 2022 · until 15 juin 2028 · 0473.919.333

Represented by Christiaan SPEK

Active

Ended mandates

ALRIVA

Managing director · since 19 décembre 2019 · until 19 juin 2025 · 0470.653.403

Represented by Elias Juan Blasi

Ended
ALRIVA

Managing director · since 19 décembre 2019 · until 19 juin 2025 · 0470.653.403

Represented by Elias Juan Blasi

Ended
FUMAS

Managing director · since 19 décembre 2019 · until 19 juin 2025 · 0828.679.512

Represented by Thomas Segaert

Ended
FUMAS

Managing director · since 19 décembre 2019 · until 19 juin 2025 · 0828.679.512

Represented by Thomas Segaert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/04/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/09/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 2024-6,4 k €↓
  2. 2023
    Annual accounts 2023-4,5 k €↓
  3. 2022
    Annual accounts 2022-1,4 k €↑
  4. 2021
    Annual accounts 2021-9,4 k €↓
  5. 2020
    Annual accounts 2020-400,5 €↓
  6. 2019
    Annual accounts 2019319,8 k €↑
  7. 2018
    Annual accounts 2018113,6 k €↓
  8. 2017
    Annual accounts 2017260,5 k €↑
  9. 2016
    Annual accounts 2016183,1 k €↑
  10. 2015
    Annual accounts 2015144,1 k €↑
  11. 2014
    Annual accounts 2014121,2 k €↑
  12. 2013
    Annual accounts 2013110,5 k €↑
  13. 2012
    Annual accounts 2012-455,4 k €↑
  14. 2011
    Annual accounts 2011-658,4 k €
  15. 08/09/2010
    IncorporationPublic limited company