Financials
Financial year 2025
Forena from Menen, company number BE0425410920, closed financial year 2025 with a result of € 649,564 after tax. For that financial year Forena recorded revenue of € 16.3 million and equity of € 20.1 million. Compared with financial year 2024, the result moved from € 948,653 to € 649,564. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 6, 2026.
€ 20.1 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 649,564
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 4.4 million
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
708.7
▲ 144.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 25.7 million
▲ 30% vs 2024
€ 36,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 347,408
▲ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.8 million
▲ 55% vs 2024
€ 375,299 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.3 million
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 73 days on average.
€ 4.1 million
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,166,230 | € 15,352,739 | € 14,125,096 | € 16,296,866 | ▲ 15% |
| Profit after taxes | € 1,078,940 | € 1,985,810 | € 948,653 | € 649,564 | ▼ 32% |
| Equity | € 15,554,418 | € 17,531,532 | € 18,586,646 | € 20,129,222 | ▲ 8% |
| Total debts | € 6,674,947 | € 6,550,849 | € 6,201,627 | € 8,681,736 | ▲ 40% |
| Cash | € 3,968,543 | € 3,255,585 | € 4,333,819 | € 4,424,077 | ▲ 2% |
| Land & buildings | € 7,744,129 | € 7,467,302 | € 7,190,960 | € 9,399,502 | ▲ 31% |
| Retained profit | € 15,400,305 | € 17,386,116 | € 18,334,769 | € 19,787,734 | ▲ 8% |
| Bank debt | € 2,524,375 | € 2,256,875 | € 1,835,000 | € 2,842,085 | ▲ 55% |
| Balance sheet total | € 23,330,017 | € 25,299,247 | € 26,032,179 | € 30,054,824 | ▲ 15% |
| Employees (FTE) | 580.1 | 561.1 | 564.6 | 708.7 | ▲ 144.1 |
Key figures of Forena, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Forena?
What happened at Forena in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lieve Theys bv stepped down as director. NBB
- Vermeersch bv stepped down as director. NBB
- Frank Moerman stepped down as director. NBB
- Marc Bonte stepped down as director. NBB
- Luk Dombrecht stepped down as director. NBB
- Heleen Deblaere stepped down as director. NBB
- GCV.BP.biorg stepped down as director. NBB
- Serge Deboever stepped down as director. NBB
In short
From € 1.1 million profit in 2022 to € 649,564 profit in 2025.
Best year ever: 2023, with € 2 million profit.
Pays suppliers within 73 days on average.
Management
Directors
According to the 2025 annual accounts
Director · represented by Lieve Theys
Also active at: SOCIALE WERKPLAATSEN POPERINGE, IMMO CET
since 2022 · until 2027
Director · represented by Stefaan Vermeersch
Also active at: SOCIALE WERKPLAATSEN POPERINGE, QUALITY PRINT AND CONSULTANCY
since 2022 · until 2027
since 2019 · until 2027
since 2021 · until 2027
Luk Dombrecht
Director
since 2021 · until 2027
since 2019 · until 2027
since 2022 · until 2027
since 2019 · until 2027
Establishments
Establishment units
Physical locations of this company
Industrielaan 32
8930 Menen
Vlaanderenlaan 25-27
8970 Poperinge
Active since 1 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.410.920
- VAT number
- BE 0425.410.920
- Registered office
- Industrielaan 32, 8930 Menen
- Names & denominations
- Forena
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 1 March 1984
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Beschutte werkplaatsen
Beschutte en sociale werkplaatsen