Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 15 to 11.9.
Financials
Financial year 2025
FORRIM from Ieper, company number BE0432917829, closed financial year 2025 with a result of € 33,114 after tax. For that financial year FORRIM recorded revenue of € 5.3 million and equity of € 578,446. Compared with financial year 2024, the result moved from € 99,383 to € 33,114. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 578,446
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,114
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 11,516
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
91 % of the profit went to the shareholders, mostly to FORREZ BANDEN - FORREZ PNEUS (100 % of the shares). That is where the money ends up.
People and assets in 2025
11.9
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 750,814
▲ 1% vs 2024
€ 63,100 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.
€ 21,896
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 155,949
▼ 42% vs 2024
€ 26,486 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 722,568
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.
€ 149,240
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,642,018 | € 4,671,316 | € 5,379,425 | € 5,289,738 | ▼ 2% |
| Profit after taxes | € 12,348 | € 9,186 | € 99,383 | € 33,114 | ▼ 67% |
| Equity | € 466,763 | € 475,949 | € 575,332 | € 578,446 | ▲ 1% |
| Total debts | € 1,352,923 | € 1,653,392 | € 1,191,588 | € 1,202,637 | ▲ 1% |
| Cash | € 70,720 | € 88,427 | € 27,934 | € 11,516 | ▼ 59% |
| Land & buildings | € 13,090 | € 0 | - | - | |
| Retained profit | € 416,763 | € 425,949 | € 525,332 | € 528,446 | ▲ 1% |
| Dividend | € 10,000 | € 0 | € 0 | € 30,000 | |
| Bank debt | € 269,073 | € 210,872 | € 269,759 | € 155,949 | ▼ 42% |
| Balance sheet total | € 1,819,686 | € 2,129,341 | € 1,766,920 | € 1,781,083 | ▲ 1% |
| Employees (FTE) | 14.9 | 15 | 12.1 | 11.9 | ▼ 0.2 |
Key figures of FORRIM, 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 FORRIM?
What happened at FORRIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,114 (▼ 67% vs 2024). Source: NBB ↗
- Muno BV became a director. NBB
- New establishment in Ieper. KBO
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,348 profit in 2022 to € 33,114 profit in 2025.
Paid € 82,951 in corporate taxes since 2022.
Best year ever: 2024, with € 99,383 profit.
Paid out € 40,000 in dividends to the owners in total.
Management
The stake of FORREZ BANDEN - FORREZ PNEUS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FORRIMBehind FORRIM is Muno BV. The shares are held by FORREZ BANDEN - FORREZ PNEUS (100%).
Directors
According to the 2025 annual accounts
Director · represented by De Ruijter Michaël Paul
Also active at: FORREZ BANDEN - FORREZ PNEUS, BENVELC, FORREZ BANDENSERVICE, FORREZ INTERNATIONAL, PNEUS FORREZ, X PNEUS, FORREZ VLAANDEREN, FORREZ WALLONIE +1 more
since 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rozendaalstraat 20
8900 Ieper
Maaldestedestraat 51
8902 Ieper
Active since 18 December 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.917.829
- VAT number
- BE 0432.917.829
- Registered office
- Rozendaalstraat 20, 8900 Ieper
- Names & denominations
- FORRIM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1987
- Peppol
- Active · Active since 16 Sept 2025
- Contact
- [email protected]
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)