Financials
Financial year 2025
FOREST AVENUE GROUP from Wevelgem, company number BE0476673044, closed financial year 2025 with a result of € 14,258 after tax. For that financial year FOREST AVENUE GROUP recorded a gross margin of € 26,816 and equity of € 104,467. Compared with financial year 2024, the result moved from € 18,342 to € 14,258. 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 July 31, 2026.
€ 104,467
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,258
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 1,666 paid out
12 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 18,887
▲ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 19,309
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,322
▲ 49% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,119 | € 3,537 | € 32,770 | € 26,816 | ▼ 18% |
| Profit after taxes | € -2,197 | € -1,520 | € 18,342 | € 14,258 | ▼ 22% |
| Equity | € 75,053 | € 73,533 | € 91,875 | € 104,467 | ▲ 14% |
| Total debts | € 105,032 | € 102,653 | € 78,068 | € 71,019 | ▼ 9% |
| Retained profit | € 68,373 | € 66,853 | € 85,195 | € 97,787 | ▲ 15% |
| Dividend | € 0 | € 0 | € 0 | € 1,666 | |
| Bank debt | € 2,041 | € 10,654 | € 12,573 | € 18,887 | ▲ 50% |
| Balance sheet total | € 180,085 | € 176,186 | € 169,944 | € 175,487 | ▲ 3% |
By gross margin, FOREST AVENUE GROUP ranks 4th of 4 companies with main activity “Vervaardiging van fineer en van panelen op basis van hout” in Wevelgem that publish figures (fiscal year 2025).
Key figures of FOREST AVENUE GROUP, 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.
Ask about FOREST AVENUE GROUP the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to FOREST AVENUE GROUP?
What happened at FOREST AVENUE GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,258 (▼ 22% vs 2024). Source: NBB ↗
- J&B CONSULTANCY became a director. NBB
- VE Supporting became a director. NBB
- R.V.L. Consulting became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,197 loss in 2022 to € 14,258 profit in 2025.
Paid € 25,604 in corporate taxes since 2022.
Best year ever: 2024, with € 18,342 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind FOREST AVENUE GROUP are VE Supporting, R.V.L. Consulting and J&B CONSULTANCY. It owns 99% of FOREST AVENUE & C° itself.
Directors
According to the 2025 annual accounts
since 2024
since 2024
Director · represented by Albert Hermans
since 2026
Establishments
Establishment units
Physical locations of this company
Vlamingstraat 27
8560 Wevelgem
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.
Similar companies in Wevelgem
Same main activity (Vervaardiging van fineer en van panelen op basis van hout), 4 active companies in Wevelgem, largest first.
€ 24.1 million revenue · 2025
€ 1.3 million gross margin · 2025
€ 980,793 gross margin · 2025
€ 186,720 gross margin · 2025
Details
- Company number
- 0476.673.044
- VAT number
- BE 0476.673.044
- Registered office
- Vlamingstraat 27, 8560 Wevelgem
- Names & denominations
- FOREST AVENUE GROUP · FA GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2002
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Vervaardiging van fineer en van panelen op basis van hout
Detailhandel in houten bouw- en tuinmaterialen