ACTIVE

Formica

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Financial year 2025 · Closed on 31/12/2025

Net result545,8 k €+61,2 %over 1 year

Revenue5,4 M €+24,9 %over 1 year

Equity1,2 M €+22,4 %over 1 year

Workforce17,9 ETP-11,8 %over 1 year

Identity

Source · BCE/KBO

Formica is a Public limited company incorporated in 2011. Its main activity is: Computer consultancy activities. Its registered office is in Kontich. It employs on average 17,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0836.536.215
Incorporation: 19/05/2011
Legal form: Public limited company
Registered office: Veldkant 33A
2550 Kontich · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 17,9 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	5,4 M €	+24.9%	4,3 M €	-5.2%	4,6 M €	+7.3%	4,2 M €	+5.7%	4 M €
EBITDA	739,5 k €	+49.7%	494 k €	-33.2%	739,8 k €	+23.8%	597,3 k €	-11.0%	671,4 k €
Operating result	725,1 k €	+49.9%	483,7 k €	-25.3%	647,5 k €	+22.3%	529,3 k €	+7.7%	491,5 k €
Net result	545,8 k €	+61.2%	338,6 k €	-26.1%	458,4 k €	+26.0%	363,8 k €	-3.7%	377,9 k €
Balance sheet
Equity	1,2 M €	+22.4%	988,4 k €	+52.1%	649,8 k €	+9.9%	591,4 k €	+160%	227,6 k €
Total assets	2,2 M €	+10.1%	2 M €	-7.4%	2,2 M €	+21.7%	1,8 M €	+70.8%	1 M €
Cash	11,3 k €	-11.2%	12,7 k €	-62.7%	34,1 k €	+146%	13,9 k €	-52.0%	28,9 k €
Debts	980,4 k €	-2.8%	1 M €	-33.1%	1,5 M €	+29.9%	1,2 M €	+53.0%	759,1 k €
Other
Workforce	17,9 ETP	-11.8%	20,3 ETP	-12.9%	23,3 ETP	-4.5%	24,4 ETP	+3.4%	23,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
De Cronos Groep0467.132.994Represented by Dirk Deroost	Director19/05/2011 → 16/05/2028
Josephus de Wit	Director18/05/2022 → 16/05/2028
OECO Groep0711.973.169Represented by Sam Bambust	Director03/11/2021 → 16/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Comma group0898.189.415Represented by Sam Bambust	Director17/05/2016 → 2021 accounts
Jef De Wit	Director18/05/2016 → 2021 accounts

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Veldkant 33A 2550 Kontich

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/07/2026	07/07/2025	11/07/2024	01/08/2023	29/07/2022	05/07/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/05/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/05/2025	07/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/05/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/05/2023	01/08/2023	Dutch	PDF
Abridged model	31/12/2021	17/05/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/05/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/05/2020	13/07/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	27/07/2018	Dutch	PDF
Full model	31/12/2016	16/05/2017	03/08/2017	Dutch	PDF
Full model	31/12/2015	17/05/2016	08/07/2016	Dutch	PDF
Full model	31/12/2014	19/05/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	20/05/2014	20/06/2014	Dutch	PDF
Full model	31/12/2012	11/06/2013	10/07/2013	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
De Cronos Groep0467.132.994Represented by Dirk Deroost	Director19/05/2011 → 16/05/2028
Josephus de Wit	Director18/05/2022 → 16/05/2028
OECO Groep0711.973.169Represented by Sam Bambust	Director03/11/2021 → 16/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Comma group0898.189.415Represented by Sam Bambust	Director17/05/2016 → 2021 accounts
Jef De Wit	Director18/05/2016 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/08/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2019
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

De Cronos Groep

OECO Groep

Josephus de Wit

Comma group

Jef De Wit

201120122013201420152016201720182019202020212022202320242025202620272028

FormicaRedTree

Veldkant 33 bte A, 2550 Kontich

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Veldkant 33A, 2550 KontichCurrent		CBE
Veldkant 33 bte A, 2550 Kontich	accounts 2021 → 2025	Accounts 2025 · 2026-00352315

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FormicaCurrent	accounts 2017 → 2025	Accounts 2025 · 2026-00352315
RedTree	accounts 2012 → 2016	Accounts 2016 · 2017-40700069

Events

2025
Annual accounts 2025545,8 k €↑
2024
Annual accounts 2024338,6 k €↓
2023
Annual accounts 2023458,4 k €↑
2022
Annual accounts 2022363,8 k €↓
2021
Annual accounts 2021377,9 k €↑
2020
Annual accounts 2020176,6 k €↓
2019
Annual accounts 2019252,6 k €↑
2018
Annual accounts 2018-281,7 k €↑
2017
Annual accounts 2017-516,6 k €↓
2017
Name changeFormica
2016
Annual accounts 201655,2 k €↓
2015
Annual accounts 2015159 k €↑
2014
Annual accounts 2014-125,4 k €↓
2013
Annual accounts 201348,3 k €↓
2012
Annual accounts 201294,7 k €
19/05/2011
IncorporationPublic limited company

Formica

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events