ACTIVE

FORCE MECHANICS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

660,2 k €

-17.4% YoY

Revenue

30,5 M €

+27.0% YoY

Equity

-2,2 M €

+23.5% YoY

Workforce

123,1 ETP

+1.7% YoY

What does FORCE MECHANICS do?

FORCE MECHANICS is a Public limited company incorporated in 2012. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Kapellen. It employs on average 123,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0844.969.572

Incorporation

02/04/2012

Legal form

Public limited company

Registered office

Klinkaardstraat 200
2950 Kapellen · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

123,1 ETP

Activities (NACE)

25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main 25620Machining 33110Repair of fabricated metal products 33110Repair of fabricated metal products 28220Manufacture of lifting and handling equipment 28220Manufacture of lifting and handling equipment+12

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Revenue	30,5 M €	+27.0%	24 M €	-17.5%	29,1 M €	+11.8%	26 M €	+16.9%	22,3 M €	+28.9%	17,3 M €	+7.5%	16,1 M €	-3.3%	16,6 M €		–		–		–		–		–
EBITDA	1,3 M €	-29.7%	1,8 M €	-22.6%	2,4 M €	+41.6%	1,7 M €	+79.9%	925 k €	+119%	-4,8 M €	-216%	-1,5 M €	-318%	700,1 k €	+24.7%	561,5 k €	+34.3%	418 k €	-19.5%	519 k €	+436%	96,8 k €	+4147%	-2,4 k €
Operating result	954 k €	-27.0%	1,3 M €	-34.8%	2 M €	+51.3%	1,3 M €	+111%	628,7 k €	+112%	-5,2 M €	-173%	-1,9 M €	-590%	385 k €	+48.8%	258,7 k €	+39.6%	185,3 k €	-58.6%	448,1 k €	+398%	90 k €	+3863%	-2,4 k €
Net result	660,2 k €	-17.4%	799,6 k €	-42.5%	1,4 M €	+38.6%	1 M €	+84.9%	542 k €	+110%	-5,2 M €	-166%	-2 M €	-1214%	175,9 k €	+152%	69,8 k €	-20.6%	87,9 k €	-60.7%	223,3 k €	+419%	43 k €	+1899%	-2,4 k €
Balance sheet
Equity	-2,2 M €	+23.5%	-2,8 M €	+22.1%	-3,6 M €	+27.8%	-5 M €	+16.7%	-6 M €	+8.3%	-6,5 M €	-388%	-1,3 M €	-318%	615,9 k €	+40.0%	440,1 k €	+18.8%	370,3 k €	+31.1%	282,4 k €	+378%	59,1 k €	+266%	16,2 k €
Total assets	11,9 M €	+23.4%	9,7 M €	-40.0%	16,1 M €	+3.9%	15,5 M €	+95.0%	7,9 M €	-19.5%	9,9 M €	+6.7%	9,3 M €	-16.2%	11 M €	+130%	4,8 M €	+0.2%	4,8 M €	+40.3%	3,4 M €	+536%	536,7 k €	+3151%	16,5 k €
Cash	984,2 k €	+405%	195,1 k €	-51.4%	401,1 k €	-86.2%	2,9 M €	+713%	358,6 k €	-86.3%	2,6 M €	+163%	991,7 k €	-4.9%	1 M €	+31.2%	794,8 k €	+4.3%	762 k €	+8.4%	703,2 k €	+3525%	19,4 k €	+296%	4,9 k €
Debts	13,8 M €	+13.0%	12,2 M €	-38.0%	19,7 M €	-3.4%	20,4 M €	+46.0%	13,9 M €	-15.1%	16,4 M €	+55.2%	10,6 M €	+1.6%	10,4 M €	+140%	4,3 M €	+0.3%	4,3 M €	+39.8%	3,1 M €	+550%	477,1 k €	+137194%	347,5 €
Other
Workforce	123,1 ETP	+1.7%	121,1 ETP	-8.7%	132,7 ETP	+0.7%	131,8 ETP	+4.4%	126,3 ETP	+5.9%	119,3 ETP	+17.3%	101,7 ETP	+12.6%	90,3 ETP	+12.2%	80,5 ETP	+16.3%	69,2 ETP	+16.9%	59,2 ETP	+86.2%	31,8 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 27 ended

Active mandates

Business On Site

Managing director · since 22 mai 2023 · until 22 mai 2029 · 0830.772.732

Represented by DE LAET Maxim

Active

Jean GUEHL

Director · since 22 mai 2023 · until 22 mai 2029

Active

JSCON

Managing director · since 22 mai 2023 · until 22 mai 2029 · 0654.801.270

Represented by Jeff SMEYERS

Active

Stéphane Lasserre

Director · since 05 mars 2021 · until 05 mars 2027

Active

Thierry Charles Maurice LE GANGNEUX

Director · since 17 juin 2020 · until 17 juin 2027

Active

Ended mandates

Business On Site

Managing director · since 22 mai 2023 · until 22 mai 2029 · 0830.772.732

Represented by Maxim De Laet

Ended

Arnaud Claudon

Director · since 30 juin 2020 · until 30 juin 2026

Ended

Thierry Le Gagneux

Director · since 30 juin 2020 · until 30 juin 2026

Ended

Thierry Le Gangneux

Director · since 17 juin 2020 · until 17 juin 2027

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	14/08/2026	15/07/2025	17/06/2024	21/06/2023	16/08/2022	28/07/2021
General meeting	17/06/2026	18/06/2025	29/05/2024	22/05/2023	15/06/2022	09/07/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	17/06/2026	14/08/2026	Dutch	PDF
Full model	31/12/2024	18/06/2025	15/07/2025	Dutch	PDF
Full model	31/12/2023	29/05/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	22/05/2023	21/06/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	16/08/2022	Dutch	PDF
Full model	31/12/2020	09/07/2021	28/07/2021	Dutch	PDF
Full model	31/12/2019	04/09/2020	30/09/2020	Dutch	PDF
Full model	31/12/2018	19/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	07/03/2018	19/07/2018	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	09/07/2014	13/08/2014	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 27 ended

Active mandates

Business On Site

Managing director · since 22 mai 2023 · until 22 mai 2029 · 0830.772.732

Represented by DE LAET Maxim

Active

Jean GUEHL

Director · since 22 mai 2023 · until 22 mai 2029

Active

JSCON

Managing director · since 22 mai 2023 · until 22 mai 2029 · 0654.801.270

Represented by Jeff SMEYERS

Active

Stéphane Lasserre

Director · since 05 mars 2021 · until 05 mars 2027

Active

Thierry Charles Maurice LE GANGNEUX

Director · since 17 juin 2020 · until 17 juin 2027

Active

Ended mandates

Business On Site

Managing director · since 22 mai 2023 · until 22 mai 2029 · 0830.772.732

Represented by Maxim De Laet

Ended

Arnaud Claudon

Director · since 30 juin 2020 · until 30 juin 2026

Ended

Thierry Le Gagneux

Director · since 30 juin 2020 · until 30 juin 2026

Ended

Thierry Le Gangneux

Director · since 17 juin 2020 · until 17 juin 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/04/2018
MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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

2025
Annual accounts 2025660,2 k €↓
2024
Annual accounts 2024799,6 k €↓
2023
Annual accounts 20231,4 M €↑
2022
Annual accounts 20221 M €↑
2021
Annual accounts 2021542 k €↑
2020
Annual accounts 2020-5,2 M €↓
2019
Annual accounts 2019-2 M €↓
2018
Annual accounts 2018175,9 k €↑
2017
Annual accounts 201769,8 k €↓
2016
Annual accounts 201687,9 k €↓
2015
Annual accounts 2015223,3 k €↑
2014
Annual accounts 201443 k €↑
2014
Name changeFORCE MECHANICS
2013
Annual accounts 2013-2,4 k €
2013
Name changeWILLEMS METAALCONSTRUCTIES
02/04/2012
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FORCE MECHANICS

Overview

What does FORCE MECHANICS do?

Trend over 13 financial years

Indicative valuation

Board of directors

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