FOMECO is a metalworking company in Zwevegem. Public Limited, started on 28 May 1993, 1 establishment.

What is the address of FOMECO?

The registered office of FOMECO is located at Blokellestraat(Z) 121, 8550 Zwevegem.

Is FOMECO still active?

Yes. According to the CBE (30 October 2026) FOMECO is active, legal situation “Normale toestand”, started on 28 May 1993.

Is FOMECO registered on Peppol?

Yes, FOMECO is registered on the Peppol network with ID 0208:0450254796.

What is the enterprise number of FOMECO?

The enterprise number of FOMECO is BE0450254796.

When was FOMECO founded?

FOMECO was founded on 28 May 1993.

Who are the directors of FOMECO?

According to the 2025 annual accounts, the directors of FOMECO are: FOMECO GROUP BV, Alexia Maes.

Is FOMECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 May 1993; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FOMECO make in 2025?

FOMECO posted a profit after taxes of € 2,515,125 in financial year 2025.

What is the revenue of FOMECO?

In its most recent annual accounts (2025), FOMECO reported revenue of € 41,032,176.

How much does an employee at FOMECO earn?

The average wage cost per full-time employee at FOMECO was € 79,900 in 2025: staff costs of € 15.5 million for 193.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FOMECO have?

According to the 2025 annual accounts, FOMECO has 193.4 full-time equivalents (FTE).

FOMECO (Public Limited) - Zwevegem - BE0450254796

Dossier FOMECO, printed on 30 October 2026 from databakkes.be/en/0450254796/fomeco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

FOMECO from Zwevegem, company number BE0450254796, closed financial year 2025 with a result of € 2.5 million after tax. For that financial year FOMECO recorded revenue of € 41 million and equity of € 8.9 million. Compared with financial year 2024, the result moved from € 1.3 million to € 2.5 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.

What it is worth Healthy

€ 8.9 million

▼ 5% vs 2024

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

Profit Growing

€ 2.5 million

▲ 101% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5.7 million

▲ € 4.7 million vs 2024

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

Where the profit goes Pays out

€ 3 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

193.4

▼ 5.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 9.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 15.5 million

▲ 27% vs 2024

€ 79,900 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.

Vehicles and equipment

€ 286,532

▲ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.5 million

▼ 32% vs 2024

€ 785,595 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 3.5 million

▲ 77% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.

Taxes and wages

€ 2.1 million

▲ 9% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 30,028,541 Revenue 2022: € 30,028,541 First fiscal year in the series	€ 41,461,872 Revenue 2023: € 41,461,872 ▲ 38% vs 2022 (€ 30,028,541) Favourable step	€ 32,987,515 Revenue 2024: € 32,987,515 ▼ 20% vs 2023 (€ 41,461,872) Unfavourable step	€ 41,032,176 Revenue 2025: € 41,032,176 ▲ 24% vs 2024 (€ 32,987,515) Favourable step	▲ 24%
Profit after taxes	€ -1,917,140 Profit after taxes 2022: € -1,917,140 First fiscal year in the series	€ 3,403,742 Profit after taxes 2023: € 3,403,742 ▲ € 5.3 million vs 2022 (€ -1,917,140) Favourable step	€ 1,253,519 Profit after taxes 2024: € 1,253,519 ▼ 63% vs 2023 (€ 3,403,742) Unfavourable step	€ 2,515,125 Profit after taxes 2025: € 2,515,125 ▲ 101% vs 2024 (€ 1,253,519) Favourable step	▲ 101%
Equity	€ 7,123,652 Equity 2022: € 7,123,652 First fiscal year in the series	€ 8,132,069 Equity 2023: € 8,132,069 ▲ 14% vs 2022 (€ 7,123,652) Favourable step	€ 9,385,589 Equity 2024: € 9,385,589 ▲ 15% vs 2023 (€ 8,132,069) Favourable step	€ 8,900,714 Equity 2025: € 8,900,714 ▼ 5% vs 2024 (€ 9,385,589) Unfavourable step	▼ 5%
Total debts	€ 10,451,402 Total debts 2022: € 10,451,402 First fiscal year in the series	€ 12,050,484 Total debts 2023: € 12,050,484 ▲ 15% vs 2022 (€ 10,451,402) Unfavourable step	€ 7,575,232 Total debts 2024: € 7,575,232 ▼ 37% vs 2023 (€ 12,050,484) Favourable step	€ 11,191,265 Total debts 2025: € 11,191,265 ▲ 48% vs 2024 (€ 7,575,232) Unfavourable step	▲ 48%
Cash	€ 629,563 Cash 2022: € 629,563 First fiscal year in the series	€ 1,738,602 Cash 2023: € 1,738,602 ▲ 176% vs 2022 (€ 629,563) Favourable step	€ 920,552 Cash 2024: € 920,552 ▼ 47% vs 2023 (€ 1,738,602) Unfavourable step	€ 5,666,150 Cash 2025: € 5,666,150 ▲ € 4.7 million vs 2024 (€ 920,552) Favourable step	▲ € 4.7 million
Land & buildings	€ 1,680,835 Land & buildings 2022: € 1,680,835 First fiscal year in the series	€ 1,517,269 Land & buildings 2023: € 1,517,269 ▼ 10% vs 2022 (€ 1,680,835) Unchanged	€ 1,519,689 Land & buildings 2024: € 1,519,689 Unchanged (€ 1,517,269) Unchanged	€ 1,446,829 Land & buildings 2025: € 1,446,829 ▼ 5% vs 2024 (€ 1,519,689) Unchanged	▼ 5%
Retained profit	€ 7,061,652 Retained profit 2022: € 7,061,652 First fiscal year in the series	€ 8,070,069 Retained profit 2023: € 8,070,069 ▲ 14% vs 2022 (€ 7,061,652) Favourable step	€ 9,323,589 Retained profit 2024: € 9,323,589 ▲ 16% vs 2023 (€ 8,070,069) Favourable step	€ 8,838,714 Retained profit 2025: € 8,838,714 ▼ 5% vs 2024 (€ 9,323,589) Unfavourable step	▼ 5%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 2,395,325 Dividend 2023: € 2,395,325 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 2,395,325) Unchanged	€ 3,000,000 Dividend 2025: € 3,000,000 Unchanged (€ 0) Unchanged
Bank debt	€ 4,397,125 Bank debt 2022: € 4,397,125 First fiscal year in the series	€ 4,672,302 Bank debt 2023: € 4,672,302 ▲ 6% vs 2022 (€ 4,397,125) Unfavourable step	€ 3,632,540 Bank debt 2024: € 3,632,540 ▼ 22% vs 2023 (€ 4,672,302) Favourable step	€ 2,475,546 Bank debt 2025: € 2,475,546 ▼ 32% vs 2024 (€ 3,632,540) Favourable step	▼ 32%
Balance sheet total	€ 17,575,054 Balance sheet total 2022: € 17,575,054 First fiscal year in the series	€ 20,182,553 Balance sheet total 2023: € 20,182,553 ▲ 15% vs 2022 (€ 17,575,054) Unchanged	€ 16,960,821 Balance sheet total 2024: € 16,960,821 ▼ 16% vs 2023 (€ 20,182,553) Unchanged	€ 20,091,979 Balance sheet total 2025: € 20,091,979 ▲ 18% vs 2024 (€ 16,960,821) Unchanged	▲ 18%
Employees (FTE)	157 Employees (FTE) 2022: 157 First fiscal year in the series	185.3 Employees (FTE) 2023: 185.3 ▲ 28.3 vs 2022 (157) Unchanged	198.7 Employees (FTE) 2024: 198.7 ▲ 13.4 vs 2023 (185.3) Unchanged	193.4 Employees (FTE) 2025: 193.4 ▼ 5.3 vs 2024 (198.7) Unchanged	▼ 5.3

Key figures of FOMECO, 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 FOMECO?

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

Jun 23, 2026 New annual accounts for financial year 2025: profit of € 2.5 million (▲ 101% vs 2024). Source: NBB ↗
2025 Alexia Maes stepped down as director. NBB
2021 FOMECO GROUP BV became a director. NBB
2021 Alexia Maes became a director. NBB
Jun 24, 1993 New establishment in Zwevegem. KBO
May 28, 1993 Start of the company according to the CBE. KBO

In short

From € 1.9 million loss in 2022 to € 2.5 million profit in 2025.

Paid € 1.5 million in corporate taxes since 2022.

Best year ever: 2023, with € 3.4 million profit.

Paid out € 5.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

FOMECO GROUP 100%

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

FOMECO

Fomeco Hydroforming BV 100%

Behind FOMECO is FOMECO GROUP BV. The shares are held by FOMECO GROUP (100%). It owns 100% of Fomeco Hydroforming BV itself.

Directors

According to the 2025 annual accounts

FOMECO GROUP BV

Director · represented by Vincent Bayart

Also active at: BASCO, IMMO BASCO, IMMOFOM

since 2021

Alexia Maes

Director

Also active at: MAES INDUSTRIES, VINCENT BAYART, ALPAMAX

since 2021 · until 2025

Shareholders

FOMECO GROUP

100%

Participations

Fomeco Hydroforming BV

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Blokellestraat(Z) 121

8550 Zwevegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

FOMECO GROUP same network

€ 826,616 revenue · 2025

IMMOFOM same network

€ 109,757 gross margin · 2025

GROEP FOMECO

PVI Fomeco

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

Details

Company number

0450.254.796

VAT number

BE 0450.254.796

Registered office

Blokellestraat(Z) 121, 8550 Zwevegem

Names & denominations

FOMECO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 May 1993

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Verspanend bewerken van metalen

Vervaardiging van andere delen en toebehoren voor motorvoertuigen

View on CBE Public ↗ Annual accounts (NBB) ↗

FOMECO

Financials

What happened to FOMECO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions