Financials
Financial year 2025
Forman from Sint-Martens-Latem, company number BE0843253464, closed financial year 2025 with a result of € 10,432 after tax. For that financial year Forman recorded a gross margin of € 111,930 and equity of € 425,074. Compared with financial year 2024, the result moved from € 95,792 to € 10,432. The company is profitable. 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 June 30, 2026.
€ 425,074
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,432
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 45,428
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 59,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 5,418
▲ 211% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 368,487
▲ € 366,749 vs 2024
€ 35,659 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 16,355
▼ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 130,164 | € 135,787 | € 140,868 | € 111,930 | ▼ 21% |
| Profit after taxes | € 84,542 | € 93,206 | € 95,792 | € 10,432 | ▼ 89% |
| Equity | € 392,544 | € 448,750 | € 474,142 | € 425,074 | ▼ 10% |
| Total debts | € 120,642 | € 27,314 | € 40,947 | € 388,723 | ▲ € 347,776 |
| Cash | € 203,898 | € 173,367 | € 25,283 | € 45,428 | ▲ 80% |
| Land & buildings | € 10,393 | € 7,610 | € 252,203 | € 630,783 | ▲ 150% |
| Retained profit | € 380,144 | € 436,350 | € 468,869 | € 419,800 | ▼ 10% |
| Dividend | € 54,500 | € 37,000 | € 63,274 | € 59,500 | ▼ 6% |
| Bank debt | € 1,277 | € 424 | € 1,738 | € 368,487 | ▲ € 366,749 |
| Balance sheet total | € 513,186 | € 476,064 | € 515,090 | € 813,797 | ▲ 58% |
Key figures of Forman, 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 Forman?
What happened at Forman in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,432 (▼ 89% vs 2024). Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Nicolas Moreels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 84,542 profit in 2022 to € 10,432 profit in 2025.
Paid € 116,399 in corporate taxes since 2022.
Best year ever: 2024, with € 95,792 profit.
Paid out € 214,274 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Nicolas Moreels
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Lindenpark 5
9831 Sint-Martens-Latem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.253.464
- VAT number
- BE 0843.253.464
- Registered office
- Lindenpark 5, 9831 Sint-Martens-Latem
- Names & denominations
- Forman
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2012
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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