Financials
Financial year 2025
FORREZ VLAANDEREN from Ieper, company number BE0872175005, closed financial year 2025 with a result of € 233,987 after tax. For that financial year FORREZ VLAANDEREN recorded revenue of € 15.4 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 8,235 to € 233,987. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 7, 2025.
€ 4.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 233,987
▲ € 225,752 vs 2024
Profit after tax over the fiscal year.
€ 437,618
▲ 119% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 175,000 paid out
75 % of the profit went to the shareholders, mostly to FORREZ BANDEN - FORREZ PNEUS (100 % of the shares). That is where the money ends up.
People and assets in 2025
32.6
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
€ 65,900 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.
€ 142,834
▼ 26% vs 2024
Of which on lease € 59,028.
Debts at end 2025
€ 2.3 million
▲ 34% vs 2024
€ 125,734 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.5 million
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 427,289
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,226,397 | € 14,967,141 | € 14,415,998 | € 15,371,912 | ▲ 7% |
| Profit after taxes | € 123,977 | € 154,826 | € 8,235 | € 233,987 | ▲ € 225,752 |
| Equity | € 5,208,586 | € 5,363,412 | € 4,371,647 | € 4,430,634 | ▲ 1% |
| Total debts | € 4,164,139 | € 3,826,996 | € 4,465,932 | € 5,009,938 | ▲ 12% |
| Cash | € 116,357 | € 200,817 | € 199,753 | € 437,618 | ▲ 119% |
| Land & buildings | € 4,858 | € 4,287 | € 14,772 | € 12,987 | ▼ 12% |
| Retained profit | € 4,743,532 | € 4,898,358 | € 3,906,593 | € 3,965,580 | ▲ 2% |
| Dividend | € 6,588 | € 0 | € 1,000,000 | € 175,000 | ▼ 82% |
| Bank debt | € 1,935,120 | € 1,405,915 | € 1,689,923 | € 2,258,403 | ▲ 34% |
| Balance sheet total | € 9,372,726 | € 9,190,408 | € 8,837,579 | € 9,459,140 | ▲ 7% |
| Employees (FTE) | 32.5 | 31.5 | 32.9 | 32.6 | ▼ 0.3 |
Key figures of FORREZ VLAANDEREN, 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 October 2026.
What happened to FORREZ VLAANDEREN?
What happened at FORREZ VLAANDEREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NORISC BV stepped down as director. NBB
- Wevano BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 233,987 (▲ € 225,752 vs 2024). Source: NBB ↗
- NORISC BV became a director. NBB
- Wevano BV became a director. NBB
- New establishment in Ingelmunster. KBO
- New establishment in Ieper. KBO
- New establishment in Ieper. KBO
In short
From € 123,977 profit in 2022 to € 233,987 profit in 2025.
Paid € 171,009 in corporate taxes since 2022.
Best year ever: 2025, with € 233,987 profit.
Paid out € 1.2 million 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
The stake of FORREZ BANDEN - FORREZ PNEUS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FORREZ VLAANDERENThe shares are held by FORREZ BANDEN - FORREZ PNEUS (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Forrez MARIE-CHRISTINE
Also active at: FORREZ BANDEN - FORREZ PNEUS, FORRIM, BENVELC, FORREZ BANDENSERVICE, FORREZ INTERNATIONAL, PNEUS FORREZ, X PNEUS, FORREZ WALLONIE +1 more
since 2021 · until 2026
Managing director · represented by Mertens GEERT
Also active at: FORREZ BANDEN - FORREZ PNEUS, FORRIM, BENVELC, FORREZ BANDENSERVICE, FORREZ INTERNATIONAL, PNEUS FORREZ, X PNEUS, FORREZ WALLONIE +1 more
since 2021 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Maaldestedestraat 51
8902 Ieper
Rozendaalstraat 20
8900 Ieper
Active since 15 March 2005
Ringlaan 17
8520 Kuurne
Active since 15 March 2005
Cardijnlaan(D) 7
8600 Diksmuide
Active since 15 March 2005
Oostrozebekestraat 162
8770 Ingelmunster
Active since 3 October 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0872.175.005
- VAT number
- BE 0872.175.005
- Registered office
- Maaldestedestraat 51, 8902 Ieper
- Names & denominations
- FORREZ VLAANDEREN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2005
- Peppol
- Active · Active since 16 Sept 2025
- Contact
- [email protected]
- Activities · NACE
Detailhandel in onderdelen en accessoires van motorvoertuigen
Kleinhandel in onderdelen en accessoires van auto's
Bandenservicebedrijven
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)