ACTIVE

FOREST AVENUE & C°

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Financial year 2025 · Closed on 31/12/2025

Net result2,5 k €+101,5 %over 1 year
Gross margin464,2 k €-29,8 %over 1 year
Equity256,6 k €+1,0 %over 1 year
Workforce4,2 ETP-14,3 %over 1 year

Identity

Source · BCE/KBO

FOREST AVENUE & C° is a Public limited company incorporated in 2005. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Wevelgem. It employs on average 4,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.290.854
Incorporation
29/12/2005
Legal form
Public limited company
Registered office
Vlamingstraat 27
8560 Wevelgem · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
4,2 ETP
Joint committees (4)
  • 124
  • 145
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin464,2 k €661,1 k €367,1 k €406,1 k €362 k €
EBITDA164,9 k €176,5 k €103,1 k €99,8 k €114,3 k €
Operating result83,1 k €64,5 k €59,4 k €56,5 k €74,4 k €
Net result2,5 k €-161,4 k €18 k €18,8 k €48,9 k €
Balance sheet
Equity256,6 k €254,1 k €415,5 k €397,6 k €378,8 k €
Total assets1,3 M €1,2 M €1,3 M €1,1 M €1 M €
Cash19,4 k €31,1 k €67,2 k €94,8 k €149,7 k €
Debts975,9 k €988,4 k €907,6 k €660,9 k €664,9 k €
Other
Workforce4,2 ETP4,9 ETP4,4 ETP6,6 ETP5,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 17 ended

Active mandates

FOREST AVENUE GROUP

Managing director · since 07 janvier 2026 · 0476.673.044

Represented by Raphael Hermans

Active

Ended mandates

FOREST AVENUE GROUP

Managing director · since 12 novembre 2019 · until 11 novembre 2025 · 0476.673.044

Represented by Joke Vereecke

Ended
R.V.L. CONSULTING

Director · since 12 novembre 2019 · until 11 novembre 2025 · 0536.984.179

Represented by Raphaël Hermans

Ended
VE Supporting

Director · since 12 novembre 2019 · until 11 novembre 2025 · 0848.198.385

Represented by Victor-Emmanuel Hermans

Ended
ALBERT HERMANS

Director · since 10 mai 2011 · until 09 mai 2017

Ended

Other companies at this address

Vlamingstraat 27 8560 Wevelgem
CompanyCBE no.
FOREST AVENUE GROUP● Active
0476.673.044

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months18 months12 months12 months12 months12 months
Filing date31/07/202630/09/202531/01/202414/02/202325/02/202223/12/2020
General meeting30/06/202630/06/202531/12/202331/12/202209/11/202101/12/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202430/06/202530/09/2025DutchPDF
Abridged model30/06/202331/12/202331/01/2024DutchPDF
Abridged model30/06/202231/12/202214/02/2023DutchPDF
Abridged model30/06/202109/11/202125/02/2022DutchPDF
Abridged model30/06/202001/12/202023/12/2020DutchPDF
Abridged model30/06/201912/11/201928/01/2020DutchPDF
Abridged model30/06/201813/11/201815/01/2019DutchPDF
Abridged model30/06/201714/11/201714/12/2017DutchPDF
Abridged model30/06/201601/01/999923/12/2016DutchPDF
Abridged model30/06/201529/12/201529/01/2016DutchPDF
Abridged model30/06/201409/12/201410/01/2015DutchPDF
Abridged model31/12/201229/06/201330/07/2013DutchPDF
Abridged model31/12/201130/06/201224/07/2012DutchPDF
Abridged model31/12/201010/05/201126/05/2011DutchPDF
Abridged model31/12/200911/05/201008/06/2010DutchPDF
Abridged model31/12/200812/05/200905/06/2009DutchPDF
Abridged model31/12/200713/05/200820/05/2008DutchPDF
Abridged model31/12/200608/05/200707/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 17 ended

Active mandates

FOREST AVENUE GROUP

Managing director · since 07 janvier 2026 · 0476.673.044

Represented by Raphael Hermans

Active

Ended mandates

FOREST AVENUE GROUP

Managing director · since 12 novembre 2019 · until 11 novembre 2025 · 0476.673.044

Represented by Joke Vereecke

Ended
R.V.L. CONSULTING

Director · since 12 novembre 2019 · until 11 novembre 2025 · 0536.984.179

Represented by Raphaël Hermans

Ended
VE Supporting

Director · since 12 novembre 2019 · until 11 novembre 2025 · 0848.198.385

Represented by Victor-Emmanuel Hermans

Ended
ALBERT HERMANS

Director · since 10 mai 2011 · until 09 mai 2017

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates03/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2014
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates10/12/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/06/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/01/2006
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 20252,5 k €↑
  2. 2024
    Annual accounts 2024-161,4 k €↓
  3. 2023
    Annual accounts 202318 k €↓
  4. 2022
    Annual accounts 202218,8 k €↓
  5. 2021
    Annual accounts 202148,9 k €↑
  6. 2020
    Annual accounts 202017,9 k €↑
  7. 2019
    Annual accounts 20193,6 k €↓
  8. 2018
    Annual accounts 201810,3 k €↓
  9. 2017
    Annual accounts 201774,3 k €↑
  10. 2016
    Annual accounts 201651,9 k €↑
  11. 2015
    Annual accounts 201549,3 k €↓
  12. 2014
    Annual accounts 201450,5 k €↓
  13. 2012
    Annual accounts 201264,6 k €↓
  14. 2011
    Annual accounts 2011113,1 k €↑
  15. 2010
    Annual accounts 201027,7 k €↑
  16. 2009
    Annual accounts 2009-11,3 k €↑
  17. 2008
    Annual accounts 2008-44,4 k €↑
  18. 2007
    Annual accounts 2007-77,9 k €↑
  19. 2006
    Annual accounts 2006-99,6 k €
  20. 29/12/2005
    IncorporationPublic limited company