ACTIVE

FFWD Studio

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Financial year 2025 · closed on 31/12/2025
Net result
2,4 k €
+132.0% YoY
Gross margin
2,3 k €
+129.7% YoY
Equity
21,6 k €
+12.4% YoY

What does FFWD Studio do?

FFWD Studio is a Private company with limited liability incorporated in 2012. Its main activity is: Management consultancy activities. Its registered office is in Uccle.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0846.504.746
Incorporation
12/06/2012
Legal form
Private company with limited liability
Registered office
Chaussée d'Alsemberg 897
1180 Uccle · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin2,3 k €-7,6 k €1,3 k €18,4 k €8,5 k €3,4 k €1,6 k €-2,2 k €1,7 k €7,9 k €38,8 k €8,1 k €-4,5 k €-8,2 k €
EBITDA2,3 k €-7,6 k €1,3 k €18,4 k €8,5 k €3,4 k €1,6 k €-11,3 k €1,7 k €7,9 k €38,7 k €8 k €-4,5 k €-8,2 k €
Operating result2,3 k €-7,6 k €1,3 k €18,4 k €8,5 k €2,6 k €-3,4 k €-16,3 k €-2,6 k €3,3 k €35 k €6,4 k €-6,2 k €-9 k €
Net result2,4 k €-7,5 k €1 k €16,6 k €7,9 k €2,4 k €-4,7 k €-17,1 k €-3,2 k €3,2 k €29,2 k €6,1 k €-10,2 k €-9 k €
Balance sheet
Equity21,6 k €19,3 k €26,7 k €25,7 k €9,2 k €1,3 k €-1,1 k €3,6 k €20,7 k €23,9 k €20,7 k €5,5 k €-6,2 k €4 k €
Total assets30,1 k €23,3 k €58,1 k €42 k €31 k €37,6 k €67,6 k €50,9 k €85,3 k €99,5 k €122,5 k €40,1 k €17,8 k €7,2 k €
Cash1,7 k €10,3 k €7 k €32,7 k €25,6 k €18,9 k €2,3 k €9,4 k €4,9 k €24,2 k €40,1 k €20,7 k €6,9 k €4 k €
Debts8,5 k €4 k €31,4 k €16,3 k €21,8 k €36,3 k €68,6 k €47,3 k €64,6 k €75,6 k €101,8 k €34,5 k €24 k €3,2 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 31/12/2025 · 1 active · 5 ended

Active mandates

Henri Micheu

Director · since 08 juin 2012

Active

Ended mandates

Maxime Therasse

Manager · since 17 septembre 2015

Ended
Henri Micheu

Director · since 21 juin 2012

Ended
Henry Micheu

Director · since 21 juin 2012

Ended
Henri Micheu

Administrator - manager · since 08 juin 2012

Ended
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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 date12/08/202620/08/202529/08/202404/08/202317/08/202226/08/2021
General meeting15/06/202615/06/202515/06/202415/06/202315/06/202214/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202612/08/2026FrenchPDF
Micro model31/12/202415/06/202520/08/2025FrenchPDF
Micro model31/12/202315/06/202429/08/2024FrenchPDF
Micro model31/12/202215/06/202304/08/2023FrenchPDF
Micro model31/12/202115/06/202217/08/2022FrenchPDF
Micro model31/12/202014/06/202126/08/2021FrenchPDF
Micro model31/12/201915/06/202029/08/2020FrenchPDF
Micro model31/12/201815/06/201930/08/2019FrenchPDF
Micro model31/12/201715/06/201828/08/2018FrenchPDF
Micro model31/12/201615/06/201723/08/2017FrenchPDF
Abridged model31/12/201515/06/201622/07/2016FrenchPDF
Abridged modelCorrection31/12/201415/06/201528/08/2015FrenchPDF
Abridged model31/12/201415/06/201506/08/2015FrenchPDF
Abridged model31/12/201316/06/201425/07/2014FrenchPDF
Abridged model31/12/201215/06/201330/07/2013FrenchPDF
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 31/12/2025 · 1 active · 5 ended

Active mandates

Henri Micheu

Director · since 08 juin 2012

Active

Ended mandates

Maxime Therasse

Manager · since 17 septembre 2015

Ended
Henri Micheu

Director · since 21 juin 2012

Ended
Henry Micheu

Director · since 21 juin 2012

Ended
Henri Micheu

Administrator - manager · since 08 juin 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office23/06/2026
    SIEGE SOCIAL
    PDF
  • Mandates30/09/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office11/05/2015
    SIEGE SOCIAL
    PDF
  • Registered office30/10/2012
    SIEGE SOCIAL
    PDF
  • Registered office23/07/2012
    SIEGE SOCIAL - DIVERS
    PDF
  • Other21/06/2012
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 20252,4 k €↑
  2. 2024
    Annual accounts 2024-7,5 k €↓
  3. 2023
    Annual accounts 20231 k €↓
  4. 2022
    Annual accounts 202216,6 k €↑
  5. 2021
    Annual accounts 20217,9 k €↑
  6. 2020
    Annual accounts 20202,4 k €↑
  7. 2019
    Annual accounts 2019-4,7 k €↑
  8. 2018
    Annual accounts 2018-17,1 k €↓
  9. 2017
    Annual accounts 2017-3,2 k €↓
  10. 2016
    Annual accounts 20163,2 k €↓
  11. 2015
    Annual accounts 201529,2 k €↑
  12. 2014
    Annual accounts 20146,1 k €↑
  13. 2013
    Annual accounts 2013-10,2 k €↓
  14. 2012
    Annual accounts 2012-9 k €
  15. 12/06/2012
    IncorporationPrivate company with limited liability