Active · per the CBE, 29 October 2026

FORMULE S

BE0448919265

Rechtspersoon Public limited company 1 establishment

FORMULE S is registered with the CBE as active in: Activiteiten van industriële wasserijen. Public Limited, started on 1 December 1992, 1 establishment.

Echel 41, 9401 Ninove

Active for

33 year, 10 months

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 2 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FORMULE S from Ninove, company number BE0448919265, closed financial year 2025 with a result of € -6,559 after tax. For that financial year FORMULE S recorded a gross margin of € -2,092 and equity of € -189,662. Compared with financial year 2024, the result moved from € -5,771 to € -6,559. 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 June 17, 2026.

What it is worth Caution

€ -189,662

▼ € 6,559 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -6,559

▼ 14 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,680

▼ 60% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -251,637.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1,749

▼ 49% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 5

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -2,319 € 1,398 € -1,304 € -2,092 ▼ € 788
Profit after taxes € -8,849 € -3,218 € -5,771 € -6,559 ▼ € 788
Equity € -174,114 € -177,332 € -183,103 € -189,662 ▼ € 6,559
Total debts € 198,853 € 200,603 € 208,458 € 211,951 ▲ 2%
Cash € 2,747 € 2,360 € 4,196 € 1,680 ▼ 60%
Land & buildings € 13,460 € 13,241 € 13,022 € 12,803 ▼ 2%
Retained profit € -236,089 € -239,307 € -245,078 € -251,637 ▼ € 6,559
Balance sheet total € 24,738 € 23,271 € 25,355 € 22,289 ▼ 12%

Key figures of FORMULE S, 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 FORMULE S?

What happened at FORMULE S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Abigalle BV stepped down as director. NBB
  • Elianne Caeyman stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 6,559. Source: NBB ↗
  • Abigalle BV became a director. NBB
  • Elianne Caeyman became a director. NBB
  • New establishment in Ninove. KBO
  • Start of the company according to the CBE. KBO

In short

From € 8,849 loss in 2022 to € 6,559 loss in 2025.

Original PDFs at the National Bank ↗

Management

Abigalle 80%

The stake of Abigalle comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FORMULE S

The shares are held by Abigalle (80%).

Directors

According to the 2025 annual accounts

Abigalle BV

Director · represented by William Coppens

since 2024 · until 2030

Elianne Caeyman

Director

since 2024 · until 2030

Shareholders

Abigalle

80%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Echel 41

9401 Ninove

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 →

Abigalle same network

€ 4,323 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0448.919.265
VAT number
BE 0448.919.265
Registered office
Echel 41, 9401 Ninove
Names & denominations
FORMULE S
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
1 December 1992
Peppol
Active · Active since 18 Dec 2025
Activities · NACE

Activiteiten van industriële wasserijen

Industriële wasserijen, ververijen en dergelijke

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does FORMULE S do?
FORMULE S is registered with the CBE as active in: Activiteiten van industriële wasserijen. Public Limited, started on 1 December 1992, 1 establishment.
What is the address of FORMULE S?
The registered office of FORMULE S is located at Echel 41, 9401 Ninove.
Is FORMULE S still active?
Yes. According to the CBE (29 October 2026) FORMULE S is active, legal situation “Normale toestand”, started on 1 December 1992.
Is FORMULE S registered on Peppol?
Yes, FORMULE S is registered on the Peppol network with ID 0208:0448919265.
What is the enterprise number of FORMULE S?
The enterprise number of FORMULE S is BE0448919265.
When was FORMULE S founded?
FORMULE S was founded on 1 December 1992.