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.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FORMALYS from Comines-Warneton, company number BE0802436458, closed financial year 2025 with a result of € -6,038 after tax. For that financial year FORMALYS recorded a gross margin of € 23,902 and equity of € 6,242. Compared with financial year 2024, the result moved from € -27,720 to € -6,038. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 6,242
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,038
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,530
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -33,758.
Debts at end 2025
€ 316,303
▼ 3% vs 2024
€ 18,363 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 3,158
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,847
▲ € 3,867 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 9,209 | € 23,902 | ▲ 160% |
| Profit after taxes | € -27,720 | € -6,038 | ▲ € 21,681 |
| Equity | € 12,280 | € 6,242 | ▼ 49% |
| Total debts | € 333,246 | € 325,308 | ▼ 2% |
| Cash | € 6,494 | € 7,530 | ▲ 16% |
| Land & buildings | € 327,804 | € 318,521 | ▼ 3% |
| Retained profit | € -27,720 | € -33,758 | ▼ € 6,038 |
| Bank debt | € 325,830 | € 316,303 | ▼ 3% |
| Balance sheet total | € 345,526 | € 331,550 | ▼ 4% |
Key figures of FORMALYS, fiscal years 2024 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 FORMALYS?
What happened at FORMALYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,038. Source: NBB ↗
- New establishment in Comines-Warneton. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,720 loss in 2024 to € 6,038 loss in 2025.
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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
Behind FORMALYS are BERTRAND LAGRUE and STEPHANE VERHELST.
Directors
According to the 2025 annual accounts
BERTRAND LAGRUE
Director
STEPHANE VERHELST
Director
Establishments
Establishment units
Physical locations of this company
Sint-Jansgrachtstraat(KOM) 26
7780 Comines-Warneton
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0802.436.458
- VAT number
- BE 0802.436.458
- Registered office
- Sint-Jansgrachtstraat(KOM) 26, 7780 Comines-Warneton
- Names & denominations
- FORMALYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2023
- Peppol
- Active · Active since 12 Feb 2025
- Contact
- [email protected]
- Activities · NACE
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