Active · per the CBE, 2 October 2026

Formarin

BE0737923540

Rechtspersoon Public limited company 1 establishment

Formarin is a removals company in Hasselt. Public Limited, started on 21 November 2019, 1 establishment.

Oude Spoorbaan 98J, 3500 Hasselt

Active for

6 year, 10 months

Financials

Financial year 2025

Formarin from Hasselt, company number BE0737923540, closed financial year 2025 with a result of € 20,160 after tax. For that financial year Formarin recorded a gross margin of € 90,302 and equity of € 231,248. Compared with financial year 2024, the result moved from € 34,808 to € 20,160. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 10, 2026.

What it is worth Growing

€ 231,248

▲ 10% vs 2024

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

Profit Healthy

€ 20,160

▼ 42% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 167,460

▲ 10% 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 € 151,248.

People and assets in 2025

Vehicles and equipment

€ 12,488

▼ 39% vs 2024

Of which on lease € 4,409.

Debts at end 2025

Bank debt ≈ 17 years to go

€ 786,940

▼ 6% vs 2024

€ 47,537 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.

Owed to suppliers

€ 9,742

▲ 45% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 4,346

▼ 5% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 88,454 € 114,642 € 102,891 € 90,302 ▼ 12%
Profit after taxes € 32,511 € 52,713 € 34,808 € 20,160 ▼ 42%
Equity € 123,567 € 176,279 € 211,087 € 231,248 ▲ 10%
Total debts € 953,577 € 892,361 € 849,448 € 804,627 ▼ 5%
Cash € 126,572 € 129,664 € 152,574 € 167,460 ▲ 10%
Land & buildings € 888,425 € 868,021 € 838,640 € 809,259 ▼ 4%
Retained profit € 43,567 € 96,279 € 131,087 € 151,248 ▲ 15%
Bank debt € 935,998 € 883,108 € 834,460 € 786,940 ▼ 6%
Balance sheet total € 1,077,143 € 1,068,640 € 1,060,535 € 1,035,874 ▼ 2%

Key figures of Formarin, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to Formarin?

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

  • OLIVIER VANDEBROEK stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 20,160 (▼ 42% vs 2024). Source: NBB ↗
  • OLIVIER VANDEBROEK became a director. NBB
  • New establishment in Hasselt. KBO
  • Start of the company according to the CBE. KBO

In short

From € 32,511 profit in 2022 to € 20,160 profit in 2025.

Paid € 4,753 in corporate taxes since 2022.

Best year ever: 2023, with € 52,713 profit.

Management

Directors

According to the 2025 annual accounts

OLIVIER VANDEBROEK

Director

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Oude Spoorbaan 98J

3500 Hasselt

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

Details

Company number
0737.923.540
VAT number
BE 0737.923.540
Registered office
Oude Spoorbaan 98J, 3500 Hasselt
Names & denominations
Formarin
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
21 November 2019
Peppol
Active · Active since 7 Jul 2025
Activities · NACE

Verhuisactiviteiten

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Frequently asked questions

What does Formarin do?
Formarin is a removals company in Hasselt. Public Limited, started on 21 November 2019, 1 establishment.
What is the address of Formarin?
The registered office of Formarin is located at Oude Spoorbaan 98J, 3500 Hasselt.
Is Formarin still active?
Yes. According to the CBE (2 October 2026) Formarin is active, legal situation “Normale toestand”, started on 21 November 2019.
Is Formarin registered on Peppol?
Yes, Formarin is registered on the Peppol network with ID 0208:0737923540.
What is the enterprise number of Formarin?
The enterprise number of Formarin is BE0737923540.
When was Formarin founded?
Formarin was founded on 21 November 2019.