ACTIVE

FORS ENGINEERS & ARCHITECTS

Financial year 2025 · closed on 31/12/2025
Net result
60,7 k €
-22.5% YoY
Gross margin
252,5 k €
-0.1% YoY
Equity
222,4 k €
-10.7% YoY

What does FORS ENGINEERS & ARCHITECTS do?

FORS ENGINEERS & ARCHITECTS is a Private limited company incorporated in 2012. Its main activity is: Architectural activities. Its registered office is in Dilbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0842.495.676
Incorporation
09/01/2012
Legal form
Private limited company
Registered office
Oudesmidsestraat 27
1700 Dilbeek · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 336
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin252,5 k €252,9 k €117 k €129,7 k €116,6 k €55,1 k €60,5 k €80,1 k €47,6 k €7,8 k €7 k €2,7 k €32,8 k €49 k €
EBITDA144,4 k €154,2 k €29,1 k €89,3 k €93,9 k €54,5 k €59,3 k €79,7 k €46,9 k €7,2 k €6,4 k €1 k €32,4 k €48,3 k €
Operating result134,7 k €118,4 k €13,9 k €81,7 k €83,7 k €38,8 k €50,1 k €70 k €37,2 k €10,6 k €2,6 k €-9,1 k €20,6 k €44,7 k €
Net result60,7 k €78,3 k €9,2 k €65,5 k €62,4 k €11,8 k €30,9 k €47,5 k €24,5 k €6,3 k €2,1 k €-9,3 k €14,4 k €30,8 k €
Balance sheet
Equity222,4 k €249,1 k €215,8 k €206,5 k €141,1 k €78,7 k €91,9 k €61 k €56,5 k €32 k €25,6 k €42,1 k €51,4 k €37 k €
Total assets308,1 k €329,9 k €271,5 k €278,5 k €215,5 k €117,7 k €130,5 k €115,1 k €84,4 k €69,4 k €62,8 k €49,5 k €62,8 k €46,9 k €
Cash121,3 k €76 k €16,7 k €12,9 k €12 k €45,6 k €65,9 k €20 k €27,4 k €29,7 k €25,6 k €18,3 k €22,4 k €14,8 k €
Debts85,7 k €80,8 k €55,8 k €70,7 k €74,4 k €38,9 k €38,6 k €49,2 k €26,4 k €35,7 k €25,8 k €5,2 k €5,3 k €5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Bart De Smedt

Director

Active

Ended mandates

Bart De Smedt

Director · since 23 décembre 2011

Ended
Bart De Smedt

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
BANDEJAActive
0777.348.694
0848.229.069
0886.232.877
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202629/09/202507/10/202421/12/202316/10/202231/08/2021
General meeting28/08/202625/09/202507/10/202430/09/202331/08/202218/06/2021
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
Micro model31/12/202528/08/202631/08/2026DutchPDF
Micro model31/12/202425/09/202529/09/2025DutchPDF
Micro model31/12/202307/10/202407/10/2024DutchPDF
Micro model31/12/202230/09/202321/12/2023DutchPDF
Micro model31/12/202131/08/202216/10/2022DutchPDF
Micro model31/12/202018/06/202131/08/2021DutchPDF
Micro model31/12/201919/06/202028/08/2020DutchPDF
Micro model31/12/201815/06/201928/08/2019DutchPDF
Micro model31/12/201715/06/201822/08/2018DutchPDF
Micro model31/12/201616/06/201728/08/2017DutchPDF
Abridged model31/12/201517/06/201613/07/2016DutchPDF
Abridged model31/12/201419/06/201522/06/2015DutchPDF
Abridged model31/12/201320/06/201403/07/2014DutchPDF
Abridged model31/12/201221/06/201309/07/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 1 active · 2 ended

Active mandates

Bart De Smedt

Director

Active

Ended mandates

Bart De Smedt

Director · since 23 décembre 2011

Ended
Bart De Smedt

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 202560,7 k €
  2. 2024
    Annual accounts 202478,3 k €
  3. 2023
    Annual accounts 20239,2 k €
  4. 2023
    Name changeFors Engineers & Architects
  5. 2022
    Annual accounts 202265,5 k €
  6. 2021
    Annual accounts 202162,4 k €
  7. 2021
    Name changeArchitect-En Studiebureau Bart De Smedt
  8. 2020
    Annual accounts 202011,8 k €
  9. 2019
    Annual accounts 201930,9 k €
  10. 2018
    Annual accounts 201847,5 k €
  11. 2017
    Annual accounts 201724,5 k €
  12. 2016
    Annual accounts 20166,3 k €
  13. 2015
    Annual accounts 20152,1 k €
  14. 2014
    Annual accounts 2014-9,3 k €
  15. 2013
    Annual accounts 201314,4 k €
  16. 2012
    Annual accounts 201230,8 k €
  17. 09/01/2012
    IncorporationPrivate limited company