ACTIVE

FORMAREA

Financial year 2024 · closed on 31/12/2024
Net result
10,2 k €
+1106.1% YoY
Revenue
27,3 k €
Equity
49,8 k €
+623.0% YoY

What does FORMAREA do?

FORMAREA is a Private limited company incorporated in 2011. Its main activity is: Repair of computers and communication equipment. Its registered office is in Virton.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0836.713.783
Incorporation
01/06/2011
Legal form
Private limited company
Registered office
Rue Docteur-Albert-Hustin,Ethe 73
6760 Virton · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2024202220212020201920182017201620152014201320122011
Income statement
Revenue27,3 k €54,1 k €106,6 k €102,7 k €105,1 k €59,5 k €
EBITDA14,3 k €-965,4 €-1,1 k €-357 €-479,2 €-527,9 €-234,8 €-8,3 k €5,8 k €18,7 k €13,9 k €15,7 k €20,3 k €
Operating result14,3 k €-965,4 €-1,1 k €-357 €-479,2 €-527,9 €-1,1 k €-11,6 k €-11,3 k €5,6 k €10,6 k €12,9 k €19,8 k €
Net result10,2 k €-1 k €-1,1 k €-399,1 €-516,2 €-564,1 €-1,1 k €-12,2 k €-12,3 k €2,5 k €6,3 k €8 k €13,9 k €
Balance sheet
Equity49,8 k €6,9 k €7,9 k €9 k €9,4 k €9,9 k €10,5 k €11,6 k €23,9 k €36,2 k €34,5 k €28,2 k €20,1 k €
Total assets75 k €6,9 k €7,9 k €9 k €9,4 k €10 k €10,5 k €12,1 k €50,7 k €77,1 k €40,2 k €39,5 k €28,9 k €
Cash26,7 k €6,5 k €7,9 k €7,8 k €8,3 k €8,9 k €9,3 k €8 k €12,6 k €11,6 k €13,5 k €10,1 k €19,1 k €
Debts25,2 k €0 €9,1 €8,4 €499,3 €26,9 k €40,8 k €5,6 k €11,2 k €8,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

RUDY LORTHIOIS

Mandate

Active

Ended mandates

Rudy BROSTEAUX

Director

Ended
Rudy BROSTEAUX

Manager

Ended
Annual accounts

Full financial information

202420222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202431/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202508/08/202328/07/202225/08/202127/08/202029/08/2019
General meeting13/06/202512/06/202313/06/202214/06/202130/06/202028/06/2019
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 model31/12/202413/06/202531/08/2025FrenchPDF
Micro model31/12/202212/06/202308/08/2023FrenchPDF
Micro model31/12/202113/06/202228/07/2022FrenchPDF
Micro model31/12/202014/06/202125/08/2021FrenchPDF
Micro model31/12/201930/06/202027/08/2020FrenchPDF
Micro model31/12/201828/06/201929/08/2019FrenchPDF
Micro model31/12/201729/06/201830/08/2018FrenchPDF
Micro model31/12/201630/06/201730/08/2017FrenchPDF
Abridged model31/12/201530/06/201626/08/2016FrenchPDF
Abridged model31/12/201431/05/201528/08/2015FrenchPDF
Abridged model31/12/201330/06/201422/08/2014FrenchPDF
Abridged model31/12/201228/06/201323/08/2013FrenchPDF
Abridged model31/12/201129/06/201223/08/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 1 active · 2 ended

Active mandates

RUDY LORTHIOIS

Mandate

Active

Ended mandates

Rudy BROSTEAUX

Director

Ended
Rudy BROSTEAUX

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. 2024
    Annual accounts 202410,2 k €
  2. 2024
    Name changeFORMAREA
  3. 2022
    Annual accounts 2022-1 k €
  4. 2021
    Annual accounts 2021-1,1 k €
  5. 2021
    Name changeMINERVIX
  6. 2020
    Annual accounts 2020-399,1 €
  7. 2019
    Annual accounts 2019-516,2 €
  8. 2018
    Annual accounts 2018-564,1 €
  9. 2017
    Annual accounts 2017-1,1 k €
  10. 2016
    Annual accounts 2016-12,2 k €
  11. 2015
    Annual accounts 2015-12,3 k €
  12. 2014
    Annual accounts 20142,5 k €
  13. 2013
    Annual accounts 20136,3 k €
  14. 2012
    Annual accounts 20128 k €
  15. 2011
    Annual accounts 201113,9 k €
  16. 01/06/2011
    IncorporationPrivate limited company