What does PRIME FORESTS do?

PRIME FORESTS is a wholesaler in Oostende. Public Limited, started on 18 April 2017, 1 establishment.

What is the address of PRIME FORESTS?

The registered office of PRIME FORESTS is located at Oudenburgsesteenweg 31, 8400 Oostende.

Is PRIME FORESTS still active?

Yes. According to the CBE (30 October 2026) PRIME FORESTS is active, legal situation “Normale toestand”, started on 18 April 2017.

Is PRIME FORESTS registered on Peppol?

Yes, PRIME FORESTS is registered on the Peppol network with ID 0208:0674612927.

What is the enterprise number of PRIME FORESTS?

The enterprise number of PRIME FORESTS is BE0674612927.

When was PRIME FORESTS founded?

PRIME FORESTS was founded on 18 April 2017.

Who are the directors of PRIME FORESTS?

According to the 2025 annual accounts, the directors of PRIME FORESTS are: David Holvoet.

Is PRIME FORESTS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 April 2017; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did PRIME FORESTS make in 2025?

PRIME FORESTS posted a profit after taxes of € 108,709 in financial year 2025.

What is the revenue of PRIME FORESTS?

In its most recent annual accounts (2025), PRIME FORESTS reported revenue of € 5,105,417.

How much does an employee at PRIME FORESTS earn?

The average wage cost per full-time employee at PRIME FORESTS was € 77,000 in 2025: staff costs of € 76,955 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PRIME FORESTS have?

According to the 2025 annual accounts, PRIME FORESTS has 1 full-time equivalents (FTE).

PRIME FORESTS (Public Limited) - Oostende - BE0674612927

Dossier PRIME FORESTS, printed on 30 October 2026 from databakkes.be/en/0674612927/prime-forests. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

15 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

PRIME FORESTS from Oostende, company number BE0674612927, closed financial year 2025 with a result of € 108,709 after tax. For that financial year PRIME FORESTS recorded revenue of € 5.1 million and equity of € 438,150. Compared with financial year 2024, the result moved from € 77,457 to € 108,709. Profitable, and profit is growing. 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 January 16, 2026.

What it is worth Growing

€ 438,150

▲ 33% vs 2024

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

Profit Growing

€ 108,709

▲ 40% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 145,821

▲ 98% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 338,150.

People and assets in 2025

Full-time equivalents

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: € 377,596 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 76,955

▼ 12% vs 2024

€ 77,000 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

€ 38,865

▼ 45% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 22 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.

€ 210,147

▼ 2% vs 2024

€ 9,549 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.

Owed to suppliers

€ 207,477

▼ 70% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 16 days on average.

Taxes and wages

€ 87,869

▲ 101% 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	€ 4,734,415 Revenue 2022: € 4,734,415 First fiscal year in the series	€ 6,579,543 Revenue 2023: € 6,579,543 ▲ 39% vs 2022 (€ 4,734,415) Favourable step	€ 5,686,463 Revenue 2024: € 5,686,463 ▼ 14% vs 2023 (€ 6,579,543) Unfavourable step	€ 5,105,417 Revenue 2025: € 5,105,417 ▼ 10% vs 2024 (€ 5,686,463) Unfavourable step	▼ 10%
Profit after taxes	€ 64,957 Profit after taxes 2022: € 64,957 First fiscal year in the series	€ 73,216 Profit after taxes 2023: € 73,216 ▲ 13% vs 2022 (€ 64,957) Favourable step	€ 77,457 Profit after taxes 2024: € 77,457 ▲ 6% vs 2023 (€ 73,216) Favourable step	€ 108,709 Profit after taxes 2025: € 108,709 ▲ 40% vs 2024 (€ 77,457) Favourable step	▲ 40%
Equity	€ 178,768 Equity 2022: € 178,768 First fiscal year in the series	€ 251,984 Equity 2023: € 251,984 ▲ 41% vs 2022 (€ 178,768) Favourable step	€ 329,441 Equity 2024: € 329,441 ▲ 31% vs 2023 (€ 251,984) Favourable step	€ 438,150 Equity 2025: € 438,150 ▲ 33% vs 2024 (€ 329,441) Favourable step	▲ 33%
Total debts	€ 1,028,793 Total debts 2022: € 1,028,793 First fiscal year in the series	€ 1,084,687 Total debts 2023: € 1,084,687 ▲ 5% vs 2022 (€ 1,028,793) Unfavourable step	€ 961,691 Total debts 2024: € 961,691 ▼ 11% vs 2023 (€ 1,084,687) Favourable step	€ 505,493 Total debts 2025: € 505,493 ▼ 47% vs 2024 (€ 961,691) Favourable step	▼ 47%
Cash	€ 9,817 Cash 2022: € 9,817 First fiscal year in the series	€ 131,808 Cash 2023: € 131,808 ▲ € 121,991 vs 2022 (€ 9,817) Favourable step	€ 73,521 Cash 2024: € 73,521 ▼ 44% vs 2023 (€ 131,808) Unfavourable step	€ 145,821 Cash 2025: € 145,821 ▲ 98% vs 2024 (€ 73,521) Favourable step	▲ 98%
Retained profit	€ 78,768 Retained profit 2022: € 78,768 First fiscal year in the series	€ 151,984 Retained profit 2023: € 151,984 ▲ 93% vs 2022 (€ 78,768) Favourable step	€ 229,441 Retained profit 2024: € 229,441 ▲ 51% vs 2023 (€ 151,984) Favourable step	€ 338,150 Retained profit 2025: € 338,150 ▲ 47% vs 2024 (€ 229,441) Favourable step	▲ 47%
Dividend	€ 60,000 Dividend 2022: € 60,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 60,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 701,864 Bank debt 2022: € 701,864 First fiscal year in the series	€ 669,078 Bank debt 2023: € 669,078 ▼ 5% vs 2022 (€ 701,864) Favourable step	€ 215,193 Bank debt 2024: € 215,193 ▼ 68% vs 2023 (€ 669,078) Favourable step	€ 210,147 Bank debt 2025: € 210,147 ▼ 2% vs 2024 (€ 215,193) Favourable step	▼ 2%
Balance sheet total	€ 1,207,561 Balance sheet total 2022: € 1,207,561 First fiscal year in the series	€ 1,336,671 Balance sheet total 2023: € 1,336,671 ▲ 11% vs 2022 (€ 1,207,561) Unchanged	€ 1,291,133 Balance sheet total 2024: € 1,291,133 ▼ 3% vs 2023 (€ 1,336,671) Unchanged	€ 943,644 Balance sheet total 2025: € 943,644 ▼ 27% vs 2024 (€ 1,291,133) Unchanged	▼ 27%
Employees (FTE)	1.1 Employees (FTE) 2022: 1.1 First fiscal year in the series	2.3 Employees (FTE) 2023: 2.3 ▲ 1.2 vs 2022 (1.1) Unchanged	1 Employees (FTE) 2024: 1 ▼ 1.3 vs 2023 (2.3) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of PRIME FORESTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.

What happened to PRIME FORESTS?

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

Jan 16, 2026 New annual accounts for financial year 2025: profit of € 108,709 (▲ 40% vs 2024). Source: NBB ↗
2021 David Holvoet became a director. NBB
Apr 18, 2017 New establishment in Oostende. KBO
Apr 18, 2017 Start of the company according to the CBE. KBO

In short

From € 64,957 profit in 2022 to € 108,709 profit in 2025.

Paid € 110,604 in corporate taxes since 2022.

Best year ever: 2025, with € 108,709 profit.

Paid out € 60,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

David Holvoet

PRIME FORESTS

SOLID INTERNATIONAL

Behind PRIME FORESTS is David Holvoet. David Holvoet is also behind SOLID INTERNATIONAL.

Directors

According to the 2025 annual accounts

David Holvoet

Director

Also active at: SOLID INTERNATIONAL

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Oudenburgsesteenweg 31

8400 Oostende

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.

All companies at this address →

Het Compas

€ 154,941 gross margin · 2024

PUBLICAE

€ 17,180 gross margin · 2025

DEKUYPER PRODUCTS

€ 490,411 gross margin · 2025

NIVIC

€ 394,757 gross margin · 2025

Cspect

€ 857,654 gross margin · 2025

+10 more

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

Details

Company number: 0674.612.927
VAT number: BE 0674.612.927
Registered office: Oudenburgsesteenweg 31, 8400 Oostende
Names & denominations: PRIME FORESTS
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 18 April 2017
Peppol: Active · Active since 19 Nov 2025
Activities · NACE: Groothandel in hout

View on CBE Public ↗ Annual accounts (NBB) ↗