Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
FORMA from Leuven, company number BE0430728104, closed financial year 2024 with a result of € 821,615 after tax. For that financial year FORMA recorded a gross margin of € 1.4 million and equity of € 924,847. Compared with financial year 2023, the result moved from € -161,746 to € 821,615. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2025.
€ 924,847
▲ € 821,615 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 821,615
▲ still € 161,746 loss in 2023
Profit after tax over the fiscal year.
€ 169,213
▼ 67% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 628,962.
People and assets in 2024
€ 58,392
▲ 56% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.2 million
Loans from banks and other lenders, long and short.
€ 11,258
▼ 66% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 34,722 | € 1,100 | € -11,991 | € 1,366,060 | ▲ € 1.4 million |
| Profit after taxes | € 24,067 | € -81,700 | € -161,746 | € 821,615 | ▲ € 983,361 |
| Equity | € 346,678 | € 264,977 | € 103,232 | € 924,847 | ▲ € 821,615 |
| Total debts | € 452 | € 1,301,902 | € 4,058,500 | € 4,272,315 | ▲ 5% |
| Cash | € 234,116 | € 232,148 | € 517,750 | € 169,213 | ▼ 67% |
| Land & buildings | € 110,928 | € 1,334,587 | € 2,815,377 | € 4,438,521 | ▲ 58% |
| Retained profit | € 50,793 | € -30,908 | € -192,653 | € 628,962 | ▲ € 821,615 |
| Bank debt | € 0 | € 0 | € 2,200,000 | € 2,200,000 | |
| Balance sheet total | € 347,129 | € 1,566,879 | € 4,161,731 | € 5,513,538 | ▲ 32% |
Key figures of FORMA, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FORMA?
What happened at FORMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 821,615. filed late Source: NBB ↗
- Studentcomfort became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,067 profit in 2021 to € 821,615 profit in 2024.
Paid € 316 in corporate taxes since 2021.
Best year ever: 2024, with € 821,615 profit.
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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
Behind FORMA is Studentcomfort. Studentcomfort is also behind STEDIMO, Leuven Housing, REAL INVESTMENT, De Kaai and FIVE YEARS.
Directors
According to the 2024 annual accounts
Director · represented by Kourosh Javedani
Also active at: STEDIMO, Leuven Housing, REAL INVESTMENT, De Kaai, FIVE YEARS, Kortrijk Student House, Kot.company, Residentie Martino
since 2025
Establishments
Establishment units
Physical locations of this company
Quinten Metsysplein 12/001
3000 Leuven
Quinten Metsysplein 12 box 1
3000 Leuven
Active since 31 March 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0430.728.104
- VAT number
- BE 0430.728.104
- Registered office
- Quinten Metsysplein 12/001, 3000 Leuven
- Names & denominations
- FORMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1987
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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Schrijnwerk
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Detailhandel in meubels
Metaalschrijnwerk
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