ACTIVE

FORUM EUPEN

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Financial year 2025 · closed on 31/12/2025

Net result

230,6 k €

+29.4% YoY

Gross margin

713,2 k €

-14.2% YoY

Equity

3,6 M €

-4.6% YoY

Workforce

2,9 ETP

-35.6% YoY

What does FORUM EUPEN do?

FORUM EUPEN is a Public limited company incorporated in 2005. Its main activity is: Freight transport by road. Its registered office is in Eupen. It employs on average 2,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0875.430.641

Incorporation

20/07/2005

Legal form

Public limited company

Registered office

Industriestrasse 38
4700 Eupen · WallonieSee on map

Contributed capital

500 000,00 €

Latest accounts

31/12/2025

Average workforce

2,9 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 52100Warehousing and storage 52100Warehousing and storage 60242Television programming and broadcasting activities 63122Web portals

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	713,2 k €	-14.2%	831,1 k €	+3.8%	800,5 k €	+12.7%	710,3 k €	-4.8%	746,1 k €	-0.2%	747,7 k €	+4.9%	713 k €	+1.3%	704,1 k €	+20.7%	583,5 k €	-14.0%	678,2 k €	+54.8%	438,1 k €	+10.8%	395,2 k €	+14.2%	346 k €	+10.2%	313,9 k €	-12.9%	360,3 k €	+7.1%	336,5 k €	+0.3%	335,4 k €	+1.8%	329,6 k €	-38.9%	539,3 k €
EBITDA	441,6 k €	+3.0%	428,7 k €	-18.0%	522,6 k €	+18.1%	442,4 k €	-7.9%	480,3 k €	-5.7%	509,6 k €	+13.9%	447,5 k €	+1.2%	442 k €	+32.0%	335 k €	-23.0%	435,3 k €	+106%	211 k €	+21.0%	174,3 k €	-1.4%	176,9 k €	+20.0%	147,4 k €	-18.0%	179,7 k €	+6.4%	168,9 k €	+5.8%	159,7 k €	+5.1%	152 k €	-58.5%	366,6 k €
Operating result	311,7 k €	+5.0%	296,8 k €	-23.2%	386,2 k €	+26.2%	305,9 k €	-12.6%	350 k €	+0.9%	347 k €	+18.1%	293,8 k €	+1.7%	289,1 k €	+61.3%	179,2 k €	-35.5%	277,8 k €	+212%	89 k €	+39.8%	63,6 k €	-5.9%	67,6 k €	+49.0%	45,4 k €	-43.2%	80 k €	-3.8%	83,1 k €	-5.6%	88 k €	+31.5%	66,9 k €	+1173%	5,3 k €
Net result	230,6 k €	+29.4%	178,3 k €	-37.9%	287,3 k €	+29.2%	222,4 k €	-13.2%	256,3 k €	+1.9%	251,4 k €	+39.5%	180,2 k €	-14.3%	210,3 k €	+95.9%	107,3 k €	-53.0%	228,4 k €	+279%	60,2 k €	+96.9%	30,6 k €	+2.6%	29,8 k €	+835%	3,2 k €	-91.4%	37 k €	-13.7%	42,9 k €	-11.5%	48,5 k €	-32.7%	72,1 k €	+487%	-18,6 k €
Balance sheet
Equity	3,6 M €	-4.6%	3,8 M €	+111%	1,8 M €	+0.1%	1,8 M €	+1.3%	1,8 M €	+0.4%	1,8 M €	+0.1%	1,8 M €	+0.3%	1,8 M €	+0.6%	1,8 M €	-2.4%	1,8 M €	+1.6%	1,8 M €	+3.5%	1,7 M €	+1.8%	1,7 M €	+1.8%	1,7 M €	+0.2%	1,6 M €	+2.3%	1,6 M €	+2.3%	1,6 M €	+2.7%	1,5 M €	+4.5%	1,5 M €
Total assets	8,7 M €	-4.7%	9,1 M €	+68.9%	5,4 M €	+51.0%	3,6 M €	+52.9%	2,3 M €	-1.0%	2,4 M €	+2.1%	2,3 M €	-3.4%	2,4 M €	+1.1%	2,4 M €	-9.2%	2,6 M €	-14.6%	3 M €	-3.2%	3,1 M €	-8.3%	3,4 M €	-7.9%	3,7 M €	+7.0%	3,5 M €	-4.6%	3,6 M €	+0.4%	3,6 M €	+41.6%	2,6 M €	+48.5%	1,7 M €
Cash	197,5 k €	+13.5%	174 k €	-9.3%	191,9 k €	+0.6%	190,9 k €	-16.8%	229,4 k €	+18.2%	194 k €	+9.4%	177,4 k €	+8.2%	163,9 k €	-17.0%	197,5 k €	-0.8%	199,1 k €	-78.9%	942 k €	+5792%	16 k €	+118%	7,3 k €	-42.9%	12,8 k €	-8.6%	14 k €	-76.6%	60 k €	+486%	10,2 k €	+54.6%	6,6 k €	-61.6%	17,2 k €
Debts	5 M €	-4.6%	5,3 M €	+47.7%	3,6 M €	+106%	1,7 M €	+223%	535,8 k €	-6.4%	572,5 k €	+9.0%	525,2 k €	-13.9%	610,2 k €	+3.3%	590,8 k €	-25.0%	787,9 k €	-37.3%	1,3 M €	-11.2%	1,4 M €	-18.1%	1,7 M €	-16.0%	2,1 M €	+13.4%	1,8 M €	-10.0%	2 M €	-1.0%	2 M €	+107%	984,6 k €	+316%	236,4 k €
Other
Workforce	2,9 ETP	-35.6%	4,5 ETP	+18.4%	3,8 ETP	+2.7%	3,7 ETP	-9.8%	4,1 ETP	+2.5%	4,0 ETP	0.0%	4,0 ETP	-13.0%	4,6 ETP	+4.5%	4,4 ETP	+2.3%	4,3 ETP	-10.4%	4,8 ETP	+54.8%	3,1 ETP	0.0%	3,1 ETP	0.0%	3,1 ETP	+14.8%	2,7 ETP	+8.0%	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	-13.8%	2,9 ETP

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 · 4 active · 15 ended

Active mandates

Rolf DAWIR

Director · since 15 juin 2023 · until 03 juin 2026

Active

Paul ROM

Managing director · since 23 décembre 2021 · until 03 juin 2026

Active

Istvan VAESSEN

Managing director · since 01 janvier 2020 · until 03 juin 2026

Active

EARLY BIRDS AG

Director · since 23 décembre 2019 · until 03 juin 2026

Represented by Jean Marie POOS

Active

Ended mandates

Rolf DAWIR

Director · since 01 janvier 2020 · until 07 juin 2023

Ended

Rolf DAWIR

Director · since 01 janvier 2020 · until 15 juin 2023

Ended

Paul ROM

Managing director · since 23 décembre 2019 · until 03 juin 2026

Ended

EARLY BIRDS AG

Director · since 23 décembre 2015 · until 23 décembre 2021

Represented by Jean Marie POOS

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	25/08/2026	08/07/2025	25/06/2024	29/06/2023	29/06/2022	06/07/2021
General meeting	17/06/2026	11/06/2025	05/06/2024	15/06/2023	01/06/2022	02/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/06/2026	25/08/2026	German	PDF
Abridged model	31/12/2024	11/06/2025	08/07/2025	German	PDF
Abridged model	31/12/2023	05/06/2024	25/06/2024	German	PDF
Abridged model	31/12/2022	15/06/2023	29/06/2023	German	PDF
Abridged model	31/12/2021	01/06/2022	29/06/2022	German	PDF
Abridged model	31/12/2020	02/06/2021	06/07/2021	German	PDF
Abridged model	31/12/2019	03/06/2020	14/07/2020	German	PDF
Abridged model	31/12/2018	05/06/2019	15/07/2019	German	PDF
Abridged model	31/12/2017	06/06/2018	01/07/2018	German	PDF
Abridged model	31/12/2016	07/06/2017	12/07/2017	German	PDF
Abridged model	31/12/2015	01/06/2016	07/07/2016	German	PDF
Abridged model	31/12/2014	03/06/2015	08/08/2015	German	PDF
Abridged model	31/12/2013	04/06/2014	30/06/2014	German	PDF
Abridged model	31/12/2012	05/06/2013	05/07/2013	German	PDF
Abridged model	31/12/2011	06/06/2012	28/06/2012	German	PDF
Abridged model	31/12/2010	01/06/2011	09/07/2011	German	PDF
Abridged model	31/12/2009	02/06/2010	25/06/2010	German	PDF
Abridged model	31/12/2008	03/06/2009	06/07/2009	German	PDF
Abridged model	31/12/2007	04/06/2008	05/08/2008	German	PDF
Abridged model	31/12/2006	06/06/2007	05/07/2007	German	PDF

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 · 4 active · 15 ended

Active mandates

Rolf DAWIR

Director · since 15 juin 2023 · until 03 juin 2026

Active

Paul ROM

Managing director · since 23 décembre 2021 · until 03 juin 2026

Active

Istvan VAESSEN

Managing director · since 01 janvier 2020 · until 03 juin 2026

Active

EARLY BIRDS AG

Director · since 23 décembre 2019 · until 03 juin 2026

Represented by Jean Marie POOS

Active

Ended mandates

Rolf DAWIR

Director · since 01 janvier 2020 · until 07 juin 2023

Ended

Rolf DAWIR

Director · since 01 janvier 2020 · until 15 juin 2023

Ended

Paul ROM

Managing director · since 23 décembre 2019 · until 03 juin 2026

Ended

EARLY BIRDS AG

Director · since 23 décembre 2015 · until 23 décembre 2021

Represented by Jean Marie POOS

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other12/07/2023
SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, )
PDF
Mandates10/07/2023
ENTLASSUNG - ERNENNUNG
PDF
Mandates23/07/2020
ENTLASSUNG - ERNENNUNG
PDF
Mandates27/05/2020
ENTLASSUNG - ERNENNUNG
PDF
Mandates18/07/2017
ENTLASSUNG - ERNENNUNG
PDF
Mandates08/03/2016
ENTLASSUNG - ERNENNUNG
PDF
Mandates14/07/2014
ENTLASSUNG - ERNENNUNG
PDF
Capital / shares25/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025230,6 k €↑
2024
Annual accounts 2024178,3 k €↓
2023
Annual accounts 2023287,3 k €↑
2022
Annual accounts 2022222,4 k €↓
2021
Annual accounts 2021256,3 k €↑
2020
Annual accounts 2020251,4 k €↑
2019
Annual accounts 2019180,2 k €↓
2018
Annual accounts 2018210,3 k €↑
2017
Annual accounts 2017107,3 k €↓
2016
Annual accounts 2016228,4 k €↑
2015
Annual accounts 201560,2 k €↑
2014
Annual accounts 201430,6 k €↑
2013
Annual accounts 201329,8 k €↑
2012
Annual accounts 20123,2 k €↓
2011
Annual accounts 201137 k €↓
2010
Annual accounts 201042,9 k €↓
2009
Annual accounts 200948,5 k €↓
2008
Annual accounts 200872,1 k €↑
2007
Annual accounts 2007-18,6 k €
20/07/2005
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

FORUM EUPEN

Overview

What does FORUM EUPEN do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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