FORUM-FUNDAMENT
0881.349.027 · rovalta.com · 24/09/2026
NORMAL SITUATION
FORUM-FUNDAMENT
Financial year 2025 · closed on 30/09/2025
Net result
-10,9 M €
-205.4% YoY
Gross margin
158,9 k €
+155.3% YoY
Equity
2,2 M €
-83.5% YoY
Company — Normal situation.
Overview
What does FORUM-FUNDAMENT do?
FORUM-FUNDAMENT is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0881.349.027
Legal form
Private limited company
Contributed capital
485 336,71 €
Latest accounts
30/09/2025
Signals
Solid equityPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 158,9 k € | +155% | 62,2 k € | -28.9% | 87,6 k € | -81.0% | 460,9 k € | +48.8% | 309,8 k € | +111% | 146,8 k € | -31.6% | 214,7 k € | +121% | 97,3 k € | +23.2% | 79 k € | +27.3% | 62,1 k € | -26.0% | 83,8 k € | +9.0% | 76,9 k € | -4.7% | 80,7 k € | -1.7% | 82,1 k € | -12.2% | 93,5 k € | +9.9% | 85,1 k € | +62.4% | 52,4 k € | -1.0% | 52,9 k € | +0.3% | 52,7 k € | +385% | 10,9 k € |
| EBITDA | 142,9 k € | +206% | 46,7 k € | -35.2% | 72,2 k € | -83.9% | 446,9 k € | +46.1% | 306 k € | +117% | 140,8 k € | +15.3% | 122,2 k € | +31.3% | 93 k € | +28.5% | 72,4 k € | +30.3% | 55,6 k € | -29.9% | 79,3 k € | +9.5% | 72,4 k € | -5.0% | 76,2 k € | -1.5% | 77,4 k € | -15.2% | 91,2 k € | +11.5% | 81,8 k € | +62.1% | 50,5 k € | -1.8% | 51,4 k € | +3.3% | 49,7 k € | +394% | 10,1 k € |
| Operating result | -71,1 k € | +44.5% | -128 k € | -51.1% | -84,8 k € | -128% | 297,9 k € | +52.2% | 195,8 k € | +64.7% | 118,9 k € | +16.6% | 102 k € | +22.5% | 83,3 k € | +36.0% | 61,2 k € | +66.4% | 36,8 k € | -39.2% | 60,5 k € | +12.9% | 53,6 k € | -6.6% | 57,4 k € | -2.0% | 58,6 k € | -28.1% | 81,4 k € | +13.0% | 72,1 k € | +77.1% | 40,7 k € | -2.3% | 41,6 k € | +4.2% | 40 k € | +814% | 4,4 k € |
| Net result | -10,9 M € | -205% | 10,4 M € | +4022% | 251,7 k € | -65.5% | 728,6 k € | +536% | 114,6 k € | +69.5% | 67,6 k € | +32.0% | 51,2 k € | -44.3% | 91,9 k € | -34.0% | 139,2 k € | +10.8% | 125,7 k € | -16.9% | 151,2 k € | +50.5% | 100,5 k € | -49.2% | 197,7 k € | -67.6% | 609,2 k € | +1194% | 47,1 k € | +17.5% | 40,1 k € | +75.5% | 22,8 k € | +8.7% | 21 k € | +9.9% | 19,1 k € | +648% | 2,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 2,2 M € | -83.5% | 13,1 M € | +380% | 2,7 M € | -3.6% | 2,8 M € | +26.9% | 2,2 M € | +5.4% | 2,1 M € | +3.3% | 2 M € | +2.6% | 2 M € | +4.8% | 1,9 M € | -0.0% | 1,9 M € | +7.1% | 1,8 M € | +9.3% | 1,6 M € | +6.6% | 1,5 M € | +14.9% | 1,3 M € | +622% | 184,2 k € | +34.3% | 137,1 k € | +41.3% | 97 k € | +30.8% | 74,2 k € | +39.5% | 53,2 k € | +56.1% | 34,1 k € |
| Total assets | 2,9 M € | -79.3% | 13,8 M € | +290% | 3,5 M € | -5.5% | 3,8 M € | +23.1% | 3 M € | -2.5% | 3,1 M € | -1.5% | 3,2 M € | +38.6% | 2,3 M € | +2.1% | 2,2 M € | -4.8% | 2,4 M € | +1.5% | 2,3 M € | -0.2% | 2,3 M € | -2.8% | 2,4 M € | -3.3% | 2,5 M € | +272% | 664,3 k € | -2.0% | 678 k € | +142% | 279,9 k € | -9.4% | 309 k € | -0.3% | 309,9 k € | -45.4% | 568 k € |
| Cash | 41,2 k € | -90.7% | 442,1 k € | -28.1% | 614,8 k € | -11.3% | 692,7 k € | +755% | 81,1 k € | +46.8% | 55,2 k € | -20.2% | 69,2 k € | +16.1% | 59,5 k € | +504% | 9,9 k € | -91.2% | 111,7 k € | +77.9% | 62,8 k € | +85.9% | 33,8 k € | -59.9% | 84,2 k € | +560% | 12,8 k € | -17.4% | 15,4 k € | -20.4% | 19,4 k € | -32.4% | 28,7 k € | -41.6% | 49,1 k € | +22.0% | 40,3 k € | -86.0% | 288,6 k € |
| Debts | 703,1 k € | -1.8% | 716 k € | -12.4% | 817,8 k € | -11.3% | 922,1 k € | +12.9% | 816,7 k € | -18.6% | 1 M € | -10.0% | 1,1 M € | +292% | 284,5 k € | -13.6% | 329,2 k € | -25.4% | 441,4 k € | -17.0% | 532 k € | -22.6% | 687,5 k € | -19.5% | 854,2 k € | -24.7% | 1,1 M € | +136% | 480,1 k € | -11.2% | 540,9 k € | +196% | 182,9 k € | -22.1% | 234,8 k € | -8.5% | 256,7 k € | -51.9% | 533,9 k € |
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 19 ended
Active mandates
Jan Ponnet
ActiveActive
Ended mandates
Filip Debecker
EndedMaria Simons
EndedNatalie Baekelandt
EndedMaria Simons
EndedFinancials
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 | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 9 months | 12 months |
| Filing date | 18/08/2026 | 06/01/2025 | 13/12/2023 | 22/12/2022 | 27/01/2022 | 29/04/2021 |
| General meeting | 21/05/2026 | 02/12/2024 | 04/12/2023 | 05/12/2022 | 06/12/2021 | 21/04/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 21/05/2026 | 18/08/2026 | Dutch | |
| Abridged model | 30/09/2024 | 02/12/2024 | 06/01/2025 | Dutch | |
| Abridged model | 30/09/2023 | 04/12/2023 | 13/12/2023 | Dutch | |
| Abridged model | 30/09/2022 | 05/12/2022 | 22/12/2022 | Dutch | |
| Abridged model | 30/09/2021 | 06/12/2021 | 27/01/2022 | Dutch | |
| Abridged model | 31/12/2020 | 21/04/2021 | 29/04/2021 | Dutch | |
| Abridged model | 31/12/2019 | 21/04/2020 | 11/05/2020 | Dutch | |
| Abridged model | 31/12/2018 | 23/04/2019 | 17/05/2019 | Dutch | |
| Micro model | 31/12/2017 | 21/04/2018 | 05/06/2018 | Dutch | |
| Micro model | 31/12/2016 | 21/04/2017 | 01/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 21/04/2016 | 11/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 21/04/2015 | 27/04/2015 | Dutch | |
| Abridged model | 31/12/2013 | 22/04/2014 | 22/05/2014 | Dutch | |
| Abridged model | 31/12/2012 | 22/04/2013 | 25/04/2013 | Dutch | |
| Abridged model | 31/12/2011 | 23/04/2012 | 12/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 15/04/2011 | 10/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 21/06/2010 | 27/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 20/04/2009 | 15/05/2009 | Dutch | |
| Abridged model | 31/12/2007 | 21/04/2008 | 08/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 23/04/2007 | 05/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 19 ended
Active mandates
Jan Ponnet
ActiveActive
Ended mandates
Filip Debecker
EndedMaria Simons
EndedNatalie Baekelandt
EndedMaria Simons
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Dissolution14/10/2025RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring18/08/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates29/10/2024ONTSLAGEN - BENOEMINGEN
- Restructuring26/08/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring17/06/2021RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Restructuring30/03/2021RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Restructuring30/03/2021RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Capital / shares16/01/2018KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-10,9 M €↓
- 2024Annual accounts 202410,4 M €↑
- 2023Annual accounts 2023251,7 k €↓
- 2022Annual accounts 2022728,6 k €↑
- 2021Annual accounts 2021114,6 k €↑
- 2020Annual accounts 202067,6 k €↑
- 2019Annual accounts 201951,2 k €↓
- 2018Annual accounts 201891,9 k €↓
- 2017Annual accounts 2017139,2 k €↑
- 2016Annual accounts 2016125,7 k €↓
- 2015Annual accounts 2015151,2 k €↑
- 2014Annual accounts 2014100,5 k €↓
- 2013Annual accounts 2013197,7 k €↓
- 2012Annual accounts 2012609,2 k €↑
- 2011Annual accounts 201147,1 k €↑
- 2010Annual accounts 201040,1 k €↑
- 2009Annual accounts 200922,8 k €↑
- 2008Annual accounts 200821 k €↑
- 2007Annual accounts 200719,1 k €↑
- 2006Annual accounts 20062,6 k €