ACTIVE

ForwAth

Financial year 2025 · closed on 31/12/2025
Net result
54,2 k €
+335.1% YoY
Gross margin
78,4 k €
+347.4% YoY
Equity
182,7 k €
+13.7% YoY

What does ForwAth do?

ForwAth is a Private limited company incorporated in 2012. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Ath.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0845.289.672
Incorporation
16/04/2012
Legal form
Private limited company
Registered office
Chemin de Scamps 130
7800 Ath · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201820172016201520142013
Income statement
Gross margin78,4 k €17,5 k €29,5 k €39,2 k €96,8 k €13,6 k €31,3 k €38,1 k €50,6 k €20,7 k €72,2 k €
EBITDA78 k €17,1 k €28,9 k €38,9 k €96,3 k €13,2 k €31 k €33,2 k €50,2 k €20,3 k €71 k €
Operating result74 k €14,3 k €26,2 k €36,1 k €94,5 k €10,4 k €28,5 k €30,7 k €45,9 k €12,6 k €55,8 k €
Net result54,2 k €12,4 k €21,1 k €-53,9 k €67,5 k €4,9 k €22 k €23,8 k €47,8 k €7 k €44,6 k €
Balance sheet
Equity182,7 k €160,7 k €153,2 k €132,9 k €186,9 k €16,7 k €12,5 k €11,6 k €20,2 k €24,8 k €25,8 k €
Total assets206,4 k €176,2 k €174,6 k €231,5 k €228 k €27,9 k €54,1 k €52,5 k €88,5 k €62,2 k €108,9 k €
Cash97,1 k €85,4 k €100,5 k €141,1 k €116,7 k €1,4 k €6,2 k €46,9 k €12,6 k €28,7 k €
Debts21,6 k €15,5 k €21,4 k €98,6 k €41,1 k €11,3 k €41,6 k €41 k €68,3 k €37,4 k €83,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Katty François

Director · since 15 décembre 2023

Active
Lorenzo Ceccarini

Director · since 15 décembre 2023

Active

Ended mandates

Katty FRANCOIS

Director · since 02 janvier 2016

Ended
Katty François

Manager · since 02 janvier 2016

Ended
Lorenzo Ceccarini

Director

Ended
Lorenzo Ceccarini

Manager

Ended
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 date24/06/202625/07/202517/07/202409/08/202327/07/202228/07/2021
General meeting02/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/06/202624/06/2026FrenchPDF
Micro model31/12/202403/06/202525/07/2025FrenchPDF
Micro model31/12/202304/06/202417/07/2024FrenchPDF
Micro model31/12/202206/06/202309/08/2023FrenchPDF
Micro model31/12/202107/06/202227/07/2022FrenchPDF
Micro model31/12/202001/06/202128/07/2021FrenchPDF
Micro model31/12/201902/06/202020/08/2020FrenchPDF
Abridged model31/12/201804/06/201908/08/2019FrenchPDF
Abridged model31/12/201705/06/201809/07/2018FrenchPDF
Abridged model31/12/201606/06/201707/08/2017FrenchPDF
Abridged model31/12/201507/06/201619/08/2016FrenchPDF
Abridged model31/12/201402/06/201505/08/2015FrenchPDF
Abridged model31/12/201303/06/201414/07/2014FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 2 active · 5 ended

Active mandates

Katty François

Director · since 15 décembre 2023

Active
Lorenzo Ceccarini

Director · since 15 décembre 2023

Active

Ended mandates

Katty FRANCOIS

Director · since 02 janvier 2016

Ended
Katty François

Manager · since 02 janvier 2016

Ended
Lorenzo Ceccarini

Director

Ended
Lorenzo Ceccarini

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 202554,2 k €
  2. 2024
    Annual accounts 202412,4 k €
  3. 2023
    Annual accounts 202321,1 k €
  4. 2022
    Annual accounts 2022-53,9 k €
  5. 2021
    Annual accounts 202167,5 k €
  6. 2018
    Annual accounts 20184,9 k €
  7. 2017
    Annual accounts 201722 k €
  8. 2016
    Annual accounts 201623,8 k €
  9. 2015
    Annual accounts 201547,8 k €
  10. 2014
    Annual accounts 20147 k €
  11. 2013
    Annual accounts 201344,6 k €
  12. 16/04/2012
    IncorporationPrivate limited company