Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
-
Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
Formafoam België from Houthalen-Helchteren, company number BE0423060649, closed financial year 2025 with a result of € -63,973 after tax. For that financial year Formafoam België recorded a gross margin of € 426,130 and equity of € -2 million. Compared with financial year 2024, the result moved from € -1.5 million to € -63,973. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 5, 2026.
€ -2 million
▼ € 63,973 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,973
▲ 96 % less loss than in 2024
Profit after tax over the fiscal year.
€ 53,345
▲ 128% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.1 million.
People and assets in 2025
€ 474,382
▼ 43% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,191
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 725,000
Loans from banks and other lenders, long and short.
€ 46,494
▲ 173% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 102,113
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,385,285 | € 785,190 | € 693,310 | € 426,130 | ▼ 39% |
| Profit after taxes | € -274,306 | € -347,784 | € -1,450,863 | € -63,973 | ▲ € 1.4 million |
| Equity | € -140,021 | € -487,805 | € -1,938,668 | € -2,002,641 | ▼ € 63,973 |
| Total debts | € 630,854 | € 716,196 | € 871,520 | € 890,237 | ▲ 2% |
| Cash | € 104,131 | € 891 | € 23,374 | € 53,345 | ▲ 128% |
| Retained profit | € -202,521 | € -550,305 | € -2,001,168 | € -2,065,141 | ▼ € 63,973 |
| Bank debt | € 470,000 | € 620,657 | € 725,000 | € 725,000 | |
| Balance sheet total | € 490,833 | € 228,391 | € 193,195 | € 147,939 | ▼ 23% |
| Employees (FTE) | 38.5 | 33.9 | 28.7 | - |
Key figures of Formafoam België, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 1 February 2027.
What happened to Formafoam België?
What happened at Formafoam België in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Formafoam België is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- Erich Thönnes stepped down as director. NBB
- Guido Klein stepped down as director. NBB
- Alfred Bourseaux stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 63,973. filed late Source: NBB ↗
- Erich Thönnes became a director. NBB
- Guido Klein became a director. NBB
- Alfred Bourseaux became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
In short
From € 274,306 loss in 2022 to € 63,973 loss in 2025.
On average € 24,200 of value added per employee in 2024.
A new publication or filing at Formafoam België? We notify you, reason included.
Follow Formafoam BelgiëDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Serpo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Formafoam BelgiëThe shares are held by Serpo (95%).
Directors
According to the 2025 annual accounts
since 2018 · until 2029
since 2018 · until 2029
Shareholders
95%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Europark 1070
3530 Houthalen-Helchteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.060.649
- VAT number
- BE 0423.060.649
- Registered office
- Europark 1070, 3530 Houthalen-Helchteren
- Names & denominations
- Formafoam België
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 1 July 1982
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Vervaardiging van andere elektrische apparatuur
Vervaardiging van overige elektrische benodigdheden, n.e.g.