NORMAL SITUATION

FORFARMERS BELGIUM

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Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result-3,3 M €-525,8 %over 1 year
Revenue103,8 M €-43,5 %over 1 year
Equity16,1 M €-16,9 %over 1 year
Workforce60,5 ETP-19,4 %over 1 year

Identity

Source · BCE/KBO

FORFARMERS BELGIUM is a company registered in Belgium. It employs on average 60,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0843.562.775
Legal form
Private limited company
Contributed capital
15 250 036,15 €
Latest accounts
31/12/2024
Average workforce
60,5 ETP
Joint committees (2)
  • 118
  • 220
Signals
Solid equityGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 17 filings

Trend over 8 financial years

20242023202220212017
Income statement
Revenue103,8 M €183,8 M €253,3 M €217,8 M €176,6 M €
EBITDA-2,8 M €1,8 M €1,5 M €-2,4 M €4,6 M €
Operating result-3,3 M €-146,7 k €248,5 k €-4 M €3,8 M €
Net result-3,3 M €-521,3 k €1,1 M €-4,5 M €2 M €
Balance sheet
Equity16,1 M €19,3 M €9,6 M €8,4 M €11,6 M €
Total assets24 M €33,3 M €49,1 M €49 M €49,1 M €
Cash0 €6,3 M €431,7 k €1 M €15,1 M €
Debts7,9 M €13,8 M €39,3 M €40,3 M €37 M €
Other
Workforce60,5 ETP75,1 ETP85,0 ETP92,1 ETP82,1 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 42 ended

Active mandates

Arvesta Belgium

Director · since 12 octobre 2023 · 0734.562.390

Represented by Paul Deleu

Active
Dirk Van Thielen

Director · since 12 octobre 2023

Active

Ended mandates

Kurt Notteboom

Director · since 21 juin 2022 · until 12 octobre 2023

Ended
Kurt Notteboom

Director · since 21 juin 2022

Ended
Pieter Wolleswinkel

Director · since 01 septembre 2021 · until 12 octobre 2023

Ended
Pieter Wolleswinkel

Director · since 01 septembre 2021

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelConsolidated accountsConsolidated accounts
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 date19/06/202519/06/202408/08/202319/07/202218/11/202116/07/2020
General meeting17/06/202518/06/202404/08/202321/06/202201/01/999924/04/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202417/06/202519/06/2025DutchPDF
Full model31/12/202318/06/202419/06/2024DutchPDF
Full model31/12/202204/08/202308/08/2023DutchPDF
Full model31/12/202121/06/202219/07/2022DutchPDF
Full model31/12/202008/10/202129/10/2021DutchPDF
Consolidated accounts31/12/202001/01/999918/11/2021DutchPDF
Full model31/12/201923/06/202030/06/2020DutchPDF
Consolidated accounts31/12/201924/04/202016/07/2020DutchPDF
Full model31/12/201816/07/201905/08/2019DutchPDF
Consolidated accounts31/12/201826/04/201917/04/2020DutchPDF
Full model31/12/201719/06/201824/07/2018DutchPDF
Full model31/12/201620/06/201707/08/2017DutchPDF
Full model31/12/201531/08/201631/08/2016DutchPDF
Full model31/12/201416/06/201525/06/2015DutchPDF
Full modelCorrection31/12/201331/10/201418/05/2015DutchPDF
Full model31/12/201331/10/201405/02/2015DutchPDF
Full model31/12/201218/12/201309/04/2014DutchPDF

Indicative valuation

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 31/12/2024

2 active · 42 ended

Active mandates

Arvesta Belgium

Director · since 12 octobre 2023 · 0734.562.390

Represented by Paul Deleu

Active
Dirk Van Thielen

Director · since 12 octobre 2023

Active

Ended mandates

Kurt Notteboom

Director · since 21 juin 2022 · until 12 octobre 2023

Ended
Kurt Notteboom

Director · since 21 juin 2022

Ended
Pieter Wolleswinkel

Director · since 01 septembre 2021 · until 12 octobre 2023

Ended
Pieter Wolleswinkel

Director · since 01 septembre 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution23/07/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/01/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/11/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Other11/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

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Timeline

  1. 2024
    Annual accounts 2024-3,3 M €↓
  2. 2023
    Annual accounts 2023-521,3 k €↓
  3. 2023
    Name changeProxani bv
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2021
    Annual accounts 2021-4,5 M €↓
  6. 2021
    Name changeForFarmers Belgium
  7. 2017
    Annual accounts 20172 M €↓
  8. 2016
    Annual accounts 20162,1 M €↑
  9. 2014
    Annual accounts 20141,7 M €↑
  10. 2013
    Annual accounts 20131,3 M €