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 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORREZ BANDENSERVICE from Destelbergen, company number BE0637860518, closed financial year 2025 with a result of € 103,986 after tax. For that financial year FORREZ BANDENSERVICE recorded revenue of € 11.9 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 28,915 to € 103,986. 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 October 7, 2025.
€ 1.3 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 103,986
▲ 260% vs 2024
Profit after tax over the fiscal year.
€ 172,653
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 571,463.
People and assets in 2025
25.2
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 5% vs 2024
€ 63,900 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.
€ 198,690
▲ 57% vs 2024
Of which on lease € 132,256.
Debts at end 2025
€ 815,908
▼ 13% vs 2024
€ 34,212 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.2 million
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 293,195
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,732,296 | € 11,542,521 | € 11,313,756 | € 11,858,171 | ▲ 5% |
| Profit after taxes | € 4,915 | € 60,089 | € 28,915 | € 103,986 | ▲ 260% |
| Equity | € 1,085,473 | € 1,120,562 | € 1,149,477 | € 1,253,463 | ▲ 9% |
| Total debts | € 3,357,719 | € 3,616,920 | € 2,877,983 | € 3,247,941 | ▲ 13% |
| Cash | € 76,504 | € 119,955 | € 115,666 | € 172,653 | ▲ 49% |
| Retained profit | € 403,473 | € 438,562 | € 467,477 | € 571,463 | ▲ 22% |
| Dividend | € 745 | € 25,000 | € 0 | € 0 | |
| Bank debt | € 975,000 | € 1,285,858 | € 940,184 | € 815,908 | ▼ 13% |
| Balance sheet total | € 4,443,193 | € 4,737,482 | € 4,027,460 | € 4,501,404 | ▲ 12% |
| Employees (FTE) | 25.9 | 32.5 | 25.2 | 25.2 |
Key figures of FORREZ BANDENSERVICE, 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 October 2026.
What happened to FORREZ BANDENSERVICE?
What happened at FORREZ BANDENSERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NORISC BV stepped down as director. NBB
- Wevano BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 103,986 (▲ 260% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- NORISC BV became a director. NBB
- Wevano BV became a director. NBB
- New establishment in Destelbergen. KBO
- New establishment in Zottegem. KBO
In short
From € 4,915 profit in 2022 to € 103,986 profit in 2025.
Paid € 103,487 in corporate taxes since 2022.
Best year ever: 2025, with € 103,986 profit.
Paid out € 25,745 in dividends to the owners in total.
A new publication or filing at FORREZ BANDENSERVICE? We notify you, reason included.
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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
The stake of BENVELC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FORREZ BANDENSERVICEThe shares are held by BENVELC (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Forrez MARIE-CHRISTINE
Also active at: FORREZ BANDEN - FORREZ PNEUS, FORRIM, BENVELC, FORREZ INTERNATIONAL, PNEUS FORREZ, X PNEUS, FORREZ VLAANDEREN, FORREZ WALLONIE +1 more
since 2021 · until 2026
Managing director · represented by Mertens GEERT
Also active at: FORREZ BANDEN - FORREZ PNEUS, FORRIM, BENVELC, FORREZ INTERNATIONAL, PNEUS FORREZ, X PNEUS, FORREZ VLAANDEREN, FORREZ WALLONIE +1 more
since 2021 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dendermondesteenweg 81
9070 Destelbergen
Ballingsweg 16
9620 Zottegem
Active since 18 September 2015
Meerlaan 71
9620 Zottegem
Active since 18 September 2015
Koggenstraat 9
8380 Brugge
Active since 30 June 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
forrez.com
Registered
1998-03-26
Registrar
Combell NV
Expires
2026-03-25
Website info
Features
Security
Details
- Company number
- 0637.860.518
- VAT number
- BE 0637.860.518
- Registered office
- Dendermondesteenweg 81, 9070 Destelbergen
- Names & denominations
- FORREZ BANDENSERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2015
- Peppol
- Active · Active since 16 Sept 2025
- Contact
- forrez.com [email protected]
- Activities · NACE
Bandenservicebedrijven