What does FORREZ INTERNATIONAL do?

FORREZ INTERNATIONAL is a wholesaler in Ieper. Public Limited, started on 24 April 2009, 1 establishment.

What is the address of FORREZ INTERNATIONAL?

The registered office of FORREZ INTERNATIONAL is located at Sint-Krispijnstraat 2, 8900 Ieper.

Is FORREZ INTERNATIONAL still active?

Yes. According to the CBE (29 October 2026) FORREZ INTERNATIONAL is active, legal situation “Normale toestand”, started on 24 April 2009.

Is FORREZ INTERNATIONAL registered on Peppol?

Yes, FORREZ INTERNATIONAL is registered on the Peppol network with ID 0208:0811370455.

What is the enterprise number of FORREZ INTERNATIONAL?

The enterprise number of FORREZ INTERNATIONAL is BE0811370455.

When was FORREZ INTERNATIONAL founded?

FORREZ INTERNATIONAL was founded on 24 April 2009.

Who are the directors of FORREZ INTERNATIONAL?

According to the 2026 annual accounts, the directors of FORREZ INTERNATIONAL are: Muno BV.

Is FORREZ INTERNATIONAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 April 2009; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account.

How much profit did FORREZ INTERNATIONAL make in 2026?

FORREZ INTERNATIONAL posted a profit after taxes of € 553,499 in financial year 2026.

What is the revenue of FORREZ INTERNATIONAL?

In its most recent annual accounts (2026), FORREZ INTERNATIONAL reported revenue of € 56,742,839.

How much does an employee at FORREZ INTERNATIONAL earn?

The average wage cost per full-time employee at FORREZ INTERNATIONAL was € 63,000 in 2026: staff costs of € 831,209 for 13.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FORREZ INTERNATIONAL have?

According to the 2026 annual accounts, FORREZ INTERNATIONAL has 13.2 full-time equivalents (FTE).

FORREZ INTERNATIONAL (Public Limited) - Ieper

Dossier FORREZ INTERNATIONAL, printed on 29 October 2026 from databakkes.be/en/0811370455/forrez-international. 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.

Tight liquidity NBB

Cash and receivables cover 49 % of short-term debt in 2026; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2024.

Financials

Financial year 2026

FORREZ INTERNATIONAL from Ieper, company number BE0811370455, closed financial year 2026 with a result of € 553,499 after tax. For that financial year FORREZ INTERNATIONAL recorded revenue of € 56.7 million and equity of € 4.8 million. Compared with financial year 2025, the result moved from € 406,585 to € 553,499. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.

What it is worth Healthy

€ 4.8 million

▼ 9% vs 2025

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

Profit Growing

€ 553,499

▲ 36% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 784,496

▲ 43% vs 2025

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

Where the profit goes Pays out

€ 1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2026

Full-time equivalents

13.2

▲ 2 vs 2025

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: € 4.4 million in 2026, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 831,209

▲ 20% vs 2025

€ 63,000 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

€ 95,973

▼ 33% vs 2025

Of which on lease € 84,908.

Debts at end 2026

Bank debt ≈ 2 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.

€ 5.1 million

▼ 12% vs 2025

€ 69,232 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 6.1 million

▲ 11% vs 2025

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.

Taxes and wages

€ 169,244

▼ 40% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Revenue	€ 67,373,812 Revenue 2023: € 67,373,812 First fiscal year in the series	€ 58,559,003 Revenue 2024: € 58,559,003 ▼ 13% vs 2023 (€ 67,373,812) Unfavourable step	€ 59,669,420 Revenue 2025: € 59,669,420 ▲ 2% vs 2024 (€ 58,559,003) Favourable step	€ 56,742,839 Revenue 2026: € 56,742,839 ▼ 5% vs 2025 (€ 59,669,420) Unfavourable step	▼ 5%
Profit after taxes	€ 2,078,455 Profit after taxes 2023: € 2,078,455 First fiscal year in the series	€ 371,241 Profit after taxes 2024: € 371,241 ▼ 82% vs 2023 (€ 2,078,455) Unfavourable step	€ 406,585 Profit after taxes 2025: € 406,585 ▲ 10% vs 2024 (€ 371,241) Favourable step	€ 553,499 Profit after taxes 2026: € 553,499 ▲ 36% vs 2025 (€ 406,585) Favourable step	▲ 36%
Equity	€ 5,232,143 Equity 2023: € 5,232,143 First fiscal year in the series	€ 5,303,384 Equity 2024: € 5,303,384 ▲ 1% vs 2023 (€ 5,232,143) Favourable step	€ 5,209,968 Equity 2025: € 5,209,968 ▼ 2% vs 2024 (€ 5,303,384) Unfavourable step	€ 4,763,467 Equity 2026: € 4,763,467 ▼ 9% vs 2025 (€ 5,209,968) Unfavourable step	▼ 9%
Total debts	€ 15,699,414 Total debts 2023: € 15,699,414 First fiscal year in the series	€ 15,245,490 Total debts 2024: € 15,245,490 ▼ 3% vs 2023 (€ 15,699,414) Favourable step	€ 15,695,106 Total debts 2025: € 15,695,106 ▲ 3% vs 2024 (€ 15,245,490) Unfavourable step	€ 16,406,517 Total debts 2026: € 16,406,517 ▲ 5% vs 2025 (€ 15,695,106) Unfavourable step	▲ 5%
Cash	€ 668,124 Cash 2023: € 668,124 First fiscal year in the series	€ 320,917 Cash 2024: € 320,917 ▼ 52% vs 2023 (€ 668,124) Unfavourable step	€ 548,618 Cash 2025: € 548,618 ▲ 71% vs 2024 (€ 320,917) Favourable step	€ 784,496 Cash 2026: € 784,496 ▲ 43% vs 2025 (€ 548,618) Favourable step	▲ 43%
Retained profit	€ 5,160,843 Retained profit 2023: € 5,160,843 First fiscal year in the series	€ 5,232,084 Retained profit 2024: € 5,232,084 ▲ 1% vs 2023 (€ 5,160,843) Favourable step	€ 5,138,668 Retained profit 2025: € 5,138,668 ▼ 2% vs 2024 (€ 5,232,084) Unfavourable step	€ 4,692,167 Retained profit 2026: € 4,692,167 ▼ 9% vs 2025 (€ 5,138,668) Unfavourable step	▼ 9%
Dividend	€ 600,000 Dividend 2023: € 600,000 First fiscal year in the series	€ 300,000 Dividend 2024: € 300,000 ▼ 50% vs 2023 (€ 600,000) Unchanged	€ 500,000 Dividend 2025: € 500,000 ▲ 67% vs 2024 (€ 300,000) Unchanged	€ 1,000,000 Dividend 2026: € 1,000,000 ▲ 100% vs 2025 (€ 500,000) Unchanged	▲ 100%
Bank debt	€ 5,434,688 Bank debt 2023: € 5,434,688 First fiscal year in the series	€ 5,786,242 Bank debt 2024: € 5,786,242 ▲ 6% vs 2023 (€ 5,434,688) Unfavourable step	€ 5,812,821 Bank debt 2025: € 5,812,821 Unchanged (€ 5,786,242) Unfavourable step	€ 5,130,105 Bank debt 2026: € 5,130,105 ▼ 12% vs 2025 (€ 5,812,821) Favourable step	▼ 12%
Balance sheet total	€ 20,931,557 Balance sheet total 2023: € 20,931,557 First fiscal year in the series	€ 20,548,874 Balance sheet total 2024: € 20,548,874 ▼ 2% vs 2023 (€ 20,931,557) Unchanged	€ 20,905,074 Balance sheet total 2025: € 20,905,074 ▲ 2% vs 2024 (€ 20,548,874) Unchanged	€ 21,169,984 Balance sheet total 2026: € 21,169,984 ▲ 1% vs 2025 (€ 20,905,074) Unchanged	▲ 1%
Employees (FTE)	17.5 Employees (FTE) 2023: 17.5 First fiscal year in the series	15.1 Employees (FTE) 2024: 15.1 ▼ 2.4 vs 2023 (17.5) Unchanged	11.2 Employees (FTE) 2025: 11.2 ▼ 3.9 vs 2024 (15.1) Unchanged	13.2 Employees (FTE) 2026: 13.2 ▲ 2 vs 2025 (11.2) Unchanged	▲ 2

Key figures of FORREZ INTERNATIONAL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to FORREZ INTERNATIONAL?

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

Oct 9, 2026 New annual accounts for financial year 2026: profit of € 553,499 (▲ 36% vs 2025). Source: NBB ↗
2026 Muno BV became a director. NBB
May 12, 2009 New establishment in Ieper. KBO
Apr 24, 2009 Start of the company according to the CBE. KBO

In short

From € 2.1 million profit in 2023 to € 553,499 profit in 2026.

Paid € 1.1 million in corporate taxes since 2023.

Best year ever: 2023, with € 2.1 million profit.

Paid out € 2.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

BENVELC 100%

The stake of BENVELC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FORREZ INTERNATIONAL

Behind FORREZ INTERNATIONAL is Muno BV. The shares are held by BENVELC (100%).

Directors

According to the 2026 annual accounts

Muno BV

Director · represented by Michael De Ruijter

Also active at: FORREZ BANDEN - FORREZ PNEUS, FORRIM, BENVELC, FORREZ BANDENSERVICE, PNEUS FORREZ, X PNEUS, FORREZ VLAANDEREN, FORREZ WALLONIE +1 more

since 2026

Shareholders

BENVELC

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Krispijnstraat 2

8900 Ieper

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Magna Tyres Invest Belgium

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

Details

Company number

0811.370.455

VAT number

BE 0811.370.455

Registered office

Sint-Krispijnstraat 2, 8900 Ieper

Names & denominations

FORREZ INTERNATIONAL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

24 April 2009

Peppol

Active · Active since 16 Sept 2025

Activities · NACE

Groothandel in delen en toebehoren van motorvoertuigen

Goederenvervoer over de weg

Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen

View on CBE Public ↗ Annual accounts (NBB) ↗

FORREZ INTERNATIONAL

Warning lights

Financials

What happened to FORREZ INTERNATIONAL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions