ACTIVE

FORTY-FOUR

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Financial year 2025 · closed on 30/06/2025

Net result

13,3 k €

+240.5% YoY

Gross margin

20,2 k €

-37.6% YoY

Equity

-2,7 k €

+83.2% YoY

What does FORTY-FOUR do?

FORTY-FOUR is a Private company with limited liability incorporated in 2005. Its main activity is: Accommodation. Its registered office is in Amay.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.556.813

Incorporation

30/12/2005

Legal form

Private company with limited liability

Registered office

Rue Joseph Wauters(AMA) 15
4540 Amay · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Activities (NACE)

55401Accommodation· main 56301Beverage serving activities 56301Beverage serving activities 55302Camping grounds, recreational vehicle parks and trailer parks 56102Restaurants and mobile food service activities 56112Restaurants and mobile food service activities+6

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	20,2 k €	-37.6%	32,4 k €	-50.7%	65,8 k €	+9.6%	60 k €	+137%	25,3 k €	+11.0%	22,8 k €	-21.3%	29 k €	-10.5%	32,4 k €	+119%	14,8 k €	-59.3%	36,4 k €	+27.6%	28,6 k €	+0.2%	28,5 k €	-27.9%	39,5 k €	-10.8%	44,3 k €	-0.4%	44,5 k €	-20.1%	55,7 k €
EBITDA	14,9 k €	+58.0%	9,4 k €	+218%	3 k €	-25.5%	4 k €	+170%	-5,7 k €	+38.5%	-9,2 k €	-84.4%	-5 k €	+25.8%	-6,7 k €	+60.3%	-17 k €	-67860%	-25 €	+99.7%	-7,6 k €	-42.9%	-5,3 k €	-160%	8,8 k €	+4320%	200 €	-97.6%	8,4 k €	-0.5%	8,5 k €
Operating result	14 k €	+63.8%	8,5 k €	+328%	2 k €	-25.8%	2,7 k €	+146%	-5,9 k €	+36.7%	-9,3 k €	-69.6%	-5,5 k €	+24.0%	-7,2 k €	+58.8%	-17,6 k €	-2759%	-615 €	+92.6%	-8,3 k €	-36.5%	-6,1 k €	-190%	6,8 k €	+456%	-1,9 k €	-131%	6,1 k €	-5.7%	6,5 k €
Net result	13,3 k €	+240%	3,9 k €	+367%	834,4 €	-70.1%	2,8 k €	+113%	-22,2 k €	-179%	-7,9 k €	-60.5%	-4,9 k €	-442%	-912,6 €	+93.6%	-14,4 k €	-4423%	332 €	+107%	-5,1 k €	-100%	-2,5 k €	-478%	671 €	+352%	-266 €	-105%	4,9 k €	+10.2%	4,5 k €
Balance sheet
Equity	-2,7 k €	+83.2%	-15,9 k €	+19.6%	-19,8 k €	+4.0%	-20,7 k €	+29.3%	-29,2 k €	-314%	-7,1 k €	-898%	884,4 €	-84.8%	5,8 k €	-13.5%	6,7 k €	-68.0%	21,1 k €	+1.6%	20,8 k €	-19.6%	25,8 k €	-8.9%	28,4 k €	+23.2%	23 k €	+27.4%	18,1 k €	+69.5%	10,7 k €
Total assets	23,7 k €	-4.3%	24,7 k €	+20.7%	20,5 k €	-29.3%	29 k €	+323%	6,8 k €	-41.6%	11,7 k €	-48.3%	22,7 k €	-48.0%	43,6 k €	+0.3%	43,5 k €	-15.5%	51,5 k €	+2.4%	50,3 k €	+15.0%	43,8 k €	-4.1%	45,6 k €	+9.3%	41,8 k €	+28.9%	32,4 k €	+26.7%	25,6 k €
Cash	17,9 k €	+47.0%	12,2 k €	+145%	5 k €	-21.1%	6,3 k €	+184%	2,2 k €	+104%	1,1 k €	+17.3%	930,3 €	-63.9%	2,6 k €	+77.9%	1,4 k €	-52.1%	3 k €	+146%	1,2 k €	-68.3%	3,9 k €	+167%	1,5 k €	-45.3%	2,7 k €	+16.5%	2,3 k €	-26.5%	3,1 k €
Debts	24,7 k €	-38.0%	39,8 k €	+0.9%	39,5 k €	-20.4%	49,6 k €	+40.6%	35,3 k €	+87.9%	18,8 k €	-13.9%	21,8 k €	-42.3%	37,8 k €	+6.5%	35,5 k €	+20.1%	29,6 k €	+6.2%	27,8 k €	+70.0%	16,4 k €	-5.2%	17,3 k €	-7.9%	18,8 k €	+30.9%	14,3 k €	-3.9%	14,9 k €
Other
Workforce	–		–		–		–		–		–		0,9 ETP	0.0%	0,9 ETP	+12.5%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-38.5%	1,3 ETP	0.0%	1,3 ETP	-45.8%	2,4 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 30/06/2025 · 1 active · 5 ended

Active mandates

Didier MOSSOUX

Director

Active

Ended mandates

GAZIBARIC

Mandate

Ended

Jacqueline GAZIBARIC

Director

Ended

Jacqueline GAZIBARIC

Manager

Ended

JACQUELINE GAZIBARIC

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2018	2017
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2017	01/07/2016
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2018	30/06/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/02/2026	29/01/2025	31/01/2024	01/02/2023	01/02/2019	27/02/2018
General meeting	05/01/2026	30/12/2024	28/12/2023	26/12/2022	27/12/2018	28/12/2017
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	05/01/2026	02/02/2026	French	PDF
Micro model	30/06/2024	30/12/2024	29/01/2025	French	PDF
Micro model	30/06/2023	28/12/2023	31/01/2024	French	PDF
Micro model	30/06/2022	26/12/2022	01/02/2023	French	PDF
Micro model	30/06/2018	27/12/2018	01/02/2019	French	PDF
Micro model	30/06/2017	28/12/2017	27/02/2018	French	PDF
Abridged model	30/06/2016	22/12/2016	26/01/2017	French	PDF
Abridged model	30/06/2015	24/12/2015	17/02/2016	French	PDF
Abridged model	30/06/2014	26/12/2014	23/02/2015	French	PDF
Abridged model	30/06/2013	26/12/2013	06/02/2014	French	PDF
Abridged model	30/06/2012	27/12/2012	09/01/2013	French	PDF
Abridged model	30/06/2011	22/12/2011	15/02/2012	French	PDF
Abridged model	30/06/2010	23/12/2010	29/03/2011	French	PDF
Abridged model	30/06/2009	24/12/2009	19/01/2010	French	PDF
Abridged model	30/06/2008	26/12/2008	19/02/2009	French	PDF
Abridged model	30/06/2007	27/12/2007	28/02/2008	French	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 30/06/2025 · 1 active · 5 ended

Active mandates

Didier MOSSOUX

Director

Active

Ended mandates

GAZIBARIC

Mandate

Ended

Jacqueline GAZIBARIC

Director

Ended

Jacqueline GAZIBARIC

Manager

Ended

JACQUELINE GAZIBARIC

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/06/2023
DEMISSIONS, NOMINATIONS
PDF
Other24/01/2006
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

2025
Annual accounts 202513,3 k €↑
2024
Annual accounts 20243,9 k €↑
2023
Annual accounts 2023834,4 €↓
2022
Annual accounts 20222,8 k €↑
2018
Annual accounts 2018-22,2 k €↓
2017
Annual accounts 2017-7,9 k €↓
2016
Annual accounts 2016-4,9 k €↓
2015
Annual accounts 2015-912,6 €↑
2014
Annual accounts 2014-14,4 k €↓
2013
Annual accounts 2013332 €↑
2012
Annual accounts 2012-5,1 k €↓
2011
Annual accounts 2011-2,5 k €↓
2010
Annual accounts 2010671 €↑
2009
Annual accounts 2009-266 €↓
2008
Annual accounts 20084,9 k €↑
2007
Annual accounts 20074,5 k €
30/12/2005
IncorporationPrivate company with limited liability

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

FORTY-FOUR

Overview

What does FORTY-FOUR do?

Trend over 16 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