Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Forma Belgium from Wevelgem, company number BE0712687209, closed financial year 2025 with a result of € -71,806 after tax. For that financial year Forma Belgium recorded a gross margin of € 186,720 and equity of € 375,322. Compared with financial year 2024, the result moved from € -268,611 to € -71,806. The company made a loss. 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 August 21, 2026.
€ 375,322
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -71,806
▲ 73 % less loss than in 2024
Profit after tax over the fiscal year.
€ 55,238
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 157,078
▲ 33% vs 2024
€ 52,400 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 54,352
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,526
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 205,252 | € 235,451 | € 93,324 | € 186,720 | ▲ 100% |
| Profit after taxes | € -197,854 | € -170,580 | € -268,611 | € -71,806 | ▲ € 196,805 |
| Equity | € -113,681 | € 215,740 | € 447,128 | € 375,322 | ▼ 16% |
| Total debts | € 1,079,294 | € 589,986 | € 77,576 | € 71,878 | ▼ 7% |
| Cash | € 69,350 | € 155,694 | € 52,134 | € 55,238 | ▲ 6% |
| Retained profit | € -863,681 | € -1,034,260 | € -1,302,872 | € -1,374,678 | ▼ € 71,806 |
| Bank debt | € 1,000,000 | € 500,000 | € 0 | € 0 | |
| Balance sheet total | € 965,613 | € 805,725 | € 524,704 | € 447,200 | ▼ 15% |
| Employees (FTE) | 2.8 | 2.9 | 3 | 3 |
Key figures of Forma Belgium, 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 Forma Belgium?
What happened at Forma Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Devax BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 71,806. filed late Source: NBB ↗
- Belinvest NV stepped down as director. NBB
- Devax BV became a director. NBB
- Belinvest NV became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 197,854 loss in 2022 to € 71,806 loss in 2025.
On average € 62,200 of value added per employee in 2025.
A new publication or filing at Forma Belgium? 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 INTERNATIONAL WOOD HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Forma BelgiumBehind Forma Belgium are Seastar Capital BV and International Wood Holding NV. The shares are held by INTERNATIONAL WOOD HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Michael Van Cauwenberge
Also active at: Placabois, LESAGE INDUSTRIES, Batal, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, RNA Pioneering +17 more
Managing director · represented by Joost Van Cauwenberge
Also active at: Placabois, FINIPAN, HEBIC, VANCA-BELGIUM, WITON, Lamitrans, TRILAM, INTERNATIONAL WOOD PRODUCTS +1 more
Director · represented by Bart Allossery
Also active at: Placabois, FINIPAN, HEBIC, VANCA-BELGIUM, PARTNERS@VENTURE, Lamitrans, STRATINVEST, DESIGN VENTURES +6 more
since 2024 · until 2025
Director · represented by Axel Devos
Also active at: Placabois, FINIPAN, VANCA-BELGIUM, Lamitrans, TRILAM, INTERNATIONAL WOOD HOLDING, INTERNATIONAL WOOD PRODUCTS
since 2025 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oostlaan 4
8560 Wevelgem
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 →Placabois same network
€ 1.3 million gross margin · 2025
FINIPAN same network
€ 980,793 gross margin · 2025
HEBIC same network
€ 2.5 million gross margin · 2025
VANCA-BELGIUM same network
€ 17.5 million revenue · 2025
Lamitrans same network
€ 852,299 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
- 0712.687.209
- VAT number
- BE 0712.687.209
- Registered office
- Oostlaan 4, 8560 Wevelgem
- Names & denominations
- Forma Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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