FOREC
Annual accounts 2025
micro format, filed on 20-08-2026, 20 days late€78,381
▼ 24.6%
€26,449
▼ 67.2%
€19,166
▼ 68.3%
€97,289
▼ 44.1%
21.8%
▲ 1.0 percentage points
1.13
▼ 0.10
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €160,000 and €410,000.
Balance sheet
balance sheet total €1.1m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
21.8%
Higher than 30% of 41 companies in 2025.
1.13
Higher than 38% of 40 companies in 2025.
1.8%
Higher than 42% of 40 companies in 2025.
FOREC
Middle half of the sector
80% of the sector
Micro accounts in other mining and quarrying (NACE 08)
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
1.1m | 1.1m | 811,276 | 507,654 | 617,784 | 504,628 | 784,997 | 928,334 | 850,550 | 604,885 | 424,761 | 766,460 | 829,872 | 634,892 | 443,931 | 394,726 | 656,111 | 793,221 | 1.1m | 953,427 | |
21/28 |
221,873 | 97,164 | 42,865 | 13,351 | 15,340 | 80,512 | 172,495 | 222,878 | 283,760 | 145,278 | 103,992 | 176,425 | 177,116 | 244,827 | 89,280 | 113,422 | 268,095 | 435,827 | 571,342 | 505,597 | |
22/27 |
157,152 | 97,164 | 42,865 | 13,351 | 15,340 | 80,512 | 172,495 | 222,878 | 283,760 | 145,278 | 103,992 | 176,425 | 177,116 | 244,827 | 89,280 | 113,422 | 268,095 | 435,827 | 571,342 | 505,597 | |
23 |
135,335 | 86,580 | 21,697 | 13,351 | 15,340 | 32,980 | 76,932 | 76,474 | 81,616 | 112,120 | 17,460 | 36,864 | 36,368 | 28,525 | 44,620 | 76,313 | 168,291 | 267,899 | 323,928 | 458,632 | |
24 |
21,817 | 10,584 | 21,168 | - | - | 1,398 | 3,295 | 8,001 | 17,608 | 33,158 | 45,144 | 52,624 | 8,261 | 15,650 | 17,233 | 3,333 | 11,677 | 13,453 | 14,589 | 5,500 | |
26 |
- | - | - | - | - | - | - | - | - | - | 2,188 | 8,537 | 14,887 | 24,252 | 27,427 | 33,777 | 40,126 | 46,476 | 52,825 | 41,464 | |
28 |
64,721 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
871,530 | 955,628 | 768,411 | 494,303 | 602,444 | 424,116 | 612,502 | 705,457 | 566,790 | 459,607 | 320,769 | 590,035 | 652,756 | 390,065 | 354,650 | 281,304 | 388,016 | 357,394 | 525,361 | 447,830 | |
29 |
0 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 30,000 | 30,000 | 30,000 | - | - | - | - | - | - | - | - | - | - | - | |
291 |
0 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 30,000 | 30,000 | 30,000 | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
850,032 | 877,599 | 715,644 | 451,789 | 521,211 | 365,349 | 528,715 | 567,713 | 407,163 | 453,537 | 305,037 | 580,016 | 582,053 | 321,717 | 309,862 | 153,197 | 383,979 | 347,053 | 439,044 | 440,628 | |
40 |
815,767 | 812,293 | 671,899 | 413,994 | 479,635 | 365,147 | 442,232 | 501,705 | 367,299 | 424,723 | 289,864 | 556,908 | 566,930 | 314,938 | 309,806 | 147,684 | 254,038 | 181,470 | 77,446 | 100,158 | |
41 |
34,264 | 65,306 | 43,744 | 37,795 | 41,576 | 201 | 86,483 | 66,008 | 39,864 | 28,814 | 15,173 | 23,108 | 15,123 | 6,779 | 56 | 5,512 | 129,942 | 165,583 | 361,599 | 340,470 | |
54/58 |
21,498 | 59,711 | 33,267 | 23,542 | 61,561 | 38,744 | 50,706 | 105,406 | 126,854 | - | 12,827 | 5,275 | 69,980 | 65,997 | 39,747 | 126,459 | 1,960 | 7,648 | 83,768 | 6,522 | |
490/1 |
0 | 318 | 1,501 | 971 | 1,672 | 2,023 | 3,081 | 2,338 | 2,773 | 6,070 | 2,905 | 4,744 | 723 | 2,351 | 5,042 | 1,648 | 2,077 | 2,693 | 2,549 | 680 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
1.1m | 1.1m | 811,276 | 507,654 | 617,784 | 504,628 | 784,997 | 928,334 | 850,550 | 604,885 | 424,761 | 766,460 | 829,872 | 634,892 | 443,931 | 394,726 | 656,111 | 793,221 | 1.1m | 953,427 | |
10/15 |
238,405 | 219,239 | 358,808 | 328,038 | 319,017 | 315,580 | 314,586 | 320,820 | 323,745 | 269,507 | 267,126 | 261,999 | 258,184 | 236,182 | 209,489 | 26,312 | 124,748 | 224,689 | 205,910 | 140,479 | |
10/11 |
75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | |
100 |
- | - | - | - | - | - | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | |
13 |
163,405 | 144,239 | 283,808 | 253,038 | 243,500 | 240,402 | 239,304 | 245,206 | 247,108 | 189,500 | 189,500 | 184,500 | 159,500 | 159,500 | 149,500 | 149,500 | 149,500 | 149,500 | 130,500 | 62,500 | |
130/1 |
- | - | - | 0 | 7,500 | 7,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | |
1311 |
- | - | - | 0 | 7,500 | 7,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 9,902 | 19,804 | 29,706 | 39,608 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
163,405 | 144,239 | 283,808 | 253,038 | 236,000 | 223,000 | 212,000 | 208,000 | 200,000 | 182,000 | 182,000 | 177,000 | 152,000 | 152,000 | 142,000 | 142,000 | 142,000 | 142,000 | 123,000 | 55,000 | |
14 |
0 | 0 | - | 0 | 517 | 178 | 282 | 614 | 1,637 | 5,007 | 2,626 | 2,499 | 23,684 | 1,682 | -15,011 | -198,188 | -99,752 | 189 | 410 | 2,979 | |
16 |
- | - | - | - | - | 4,159 | 8,319 | 12,478 | 16,637 | - | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | 4,159 | 8,319 | 12,478 | 16,637 | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
854,998 | 833,553 | 452,468 | 179,616 | 298,767 | 184,888 | 462,092 | 595,036 | 510,168 | 335,378 | 157,635 | 504,461 | 571,688 | 398,710 | 234,441 | 368,414 | 531,362 | 568,532 | 890,793 | 812,947 | |
17 |
80,757 | 51,915 | - | 0 | 5,682 | 52,669 | 106,914 | 185,476 | 228,168 | 75,000 | 9,035 | 50,556 | 90,469 | 128,835 | 11,875 | 121,836 | 250,595 | 377,007 | 501,168 | 368,125 | |
170/4 |
80,757 | 51,915 | - | 0 | 5,682 | 52,669 | 106,914 | 185,476 | 228,168 | 75,000 | 9,035 | 50,556 | 90,469 | 128,835 | 11,875 | 121,836 | 250,595 | 377,007 | 501,168 | 368,125 | |
42/48 |
774,241 | 781,637 | 452,468 | 179,616 | 293,085 | 132,219 | 355,163 | 409,455 | 282,000 | 260,378 | 148,600 | 453,905 | 481,219 | 269,448 | 222,559 | 246,578 | 279,920 | 191,525 | 389,625 | 444,822 | |
42 |
23,726 | 12,085 | 0 | 5,682 | 46,987 | 54,244 | 78,563 | 77,890 | 77,502 | 34,035 | 41,521 | 39,913 | 38,367 | 115,053 | 109,961 | 128,759 | 132,350 | 121,752 | 122,002 | 71,250 | |
43 |
12,532 | - | - | - | - | - | - | - | - | 5,128 | - | - | - | - | - | - | 53,342 | - | - | - | |
430/8 |
12,532 | - | - | - | - | - | - | - | - | 5,128 | - | - | - | - | - | - | 53,342 | - | - | - | |
44 |
511,062 | 541,143 | 439,022 | 166,813 | 237,861 | 62,886 | 269,680 | 314,556 | 193,640 | 170,496 | 98,931 | 408,998 | 438,986 | 149,482 | 105,302 | 114,159 | 70,088 | 63,456 | 246,563 | 321,099 | |
440/4 |
511,062 | 541,143 | 439,022 | 166,813 | 237,861 | 62,886 | 269,680 | 314,556 | 193,640 | 170,496 | 98,931 | 408,998 | 438,986 | 149,482 | 105,302 | 114,159 | 70,088 | 63,456 | 246,563 | 321,099 | |
46 |
- | - | - | - | - | - | - | - | - | 40,000 | - | - | - | - | - | - | - | - | - | - | |
45 |
15,910 | 25,923 | 10,958 | 4,633 | 5,750 | 12,601 | 4,434 | 14,521 | 8,370 | 6,346 | 4,782 | 4,188 | 1,979 | 4,614 | 7,178 | 3,580 | 24,140 | 6,317 | 21,061 | 52,474 | |
450/3 |
15,910 | 25,923 | 10,958 | 4,633 | 5,750 | 12,601 | 1,589 | 12,618 | 4,129 | 5,846 | 4,782 | 3,175 | 1,479 | 3,257 | 7,178 | 1,280 | 22,178 | 3,583 | 18,246 | 44,927 | |
454/9 |
- | - | - | - | - | - | 2,845 | 1,903 | 4,241 | 500 | - | 1,013 | 500 | 1,357 | - | 2,300 | 1,963 | 2,734 | 2,815 | 7,547 | |
47/48 |
211,011 | 202,488 | 2,488 | 2,488 | 2,488 | 2,488 | 2,488 | 2,488 | 2,488 | 4,373 | 3,366 | 806 | 1,887 | 299 | 119 | 80 | - | - | - | - | |
492/3 |
- | - | - | - | - | - | 15 | 105 | - | - | - | - | - | 427 | 7 | - | 847 | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
4,763 | 25,000 | - | - | - | 5,669 | 4,000 | - | 8,171 | 13,000 | 20,000 | - | 159 | - | - | - | - | 27,041 | - | - | |
9900 |
78,381 | 103,888 | 93,066 | 65,614 | 72,950 | 236,086 | 267,732 | 376,893 | 322,420 | 204,896 | 173,746 | 175,410 | 244,762 | 93,226 | 334,086 | 151,142 | 162,459 | 254,598 | 376,533 | 108,730 | |
62 |
0 | 1,242 | 4,892 | 40,475 | 2,167 | 141,089 | 169,396 | 248,104 | 129,028 | 106,947 | 95,293 | 92,166 | 64,953 | 19,026 | 88,589 | 72,525 | 62,883 | 45,648 | 40,676 | 20,392 | |
630 |
46,487 | 20,901 | 18,518 | 10,969 | 65,172 | 93,982 | 104,133 | 110,183 | 90,548 | 87,360 | 83,026 | 84,571 | 138,791 | 41,453 | 50,139 | 158,254 | 175,680 | 187,246 | 236,990 | 107,776 | |
631/4 |
- | - | - | - | - | - | - | - | 16,893 | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
5,445 | 1,162 | 27,079 | 1,799 | 2,230 | 2,897 | 2,829 | 5,272 | 2,050 | 2,937 | 3,185 | 3,579 | 842 | 375 | 3,172 | 1,322 | 2,027 | 1,285 | 6,897 | 2,189 | |
66A |
- | - | - | - | - | - | - | - | 2,011 | - | - | - | 15,750 | - | - | - | - | - | 13,140 | - | |
9901 |
26,449 | 80,583 | 42,577 | 12,371 | 3,381 | -1,883 | -8,626 | 13,335 | 81,891 | 7,651 | -7,758 | -4,906 | 40,176 | 32,372 | 192,187 | -80,959 | -78,131 | 20,419 | 91,970 | -21,627 | |
75/76B |
- | - | 0 | 239 | 1,952 | 6,604 | 4,117 | - | 0 | 15 | 32 | 14,364 | 20,330 | 9 | 282 | 90 | 180 | 110 | 30,000 | 113,535 | |
75 |
- | - | 0 | 239 | 505 | 936 | 117 | - | 0 | 15 | 32 | 14,364 | 20,330 | 9 | 282 | 90 | 180 | 110 | 30,000 | 113,535 | |
76B |
- | - | - | 0 | 1,446 | 5,669 | 4,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
3,604 | 187 | 849 | 375 | 1,295 | 2,517 | 3,464 | 4,128 | 7,775 | 2,711 | 4,067 | 4,789 | 21,434 | 5,688 | 9,292 | 17,554 | 21,989 | 28,593 | 43,399 | 26,422 | |
65 |
3,604 | 187 | 849 | 375 | 1,295 | 2,517 | 3,464 | 4,128 | 7,775 | 2,711 | 4,067 | 4,789 | 21,434 | 5,688 | 9,292 | 17,554 | 21,989 | 28,593 | 43,399 | 26,422 | |
9903 |
22,846 | 80,396 | 41,728 | 12,235 | 4,038 | 2,205 | -7,973 | 9,207 | 74,117 | 4,955 | 8,207 | 4,669 | 23,481 | 26,693 | 183,177 | -98,423 | -99,941 | 18,977 | 65,431 | 65,486 | |
780 |
- | - | - | 0 | 4,159 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
3,680 | 19,965 | 10,958 | 3,213 | 4,761 | 5,370 | 2,420 | 16,292 | 3,241 | 2,575 | 3,080 | 854 | 1,479 | - | - | 14 | - | 198 | - | 7 | |
9904 |
19,166 | 60,431 | 30,770 | 9,021 | 3,437 | 994 | -6,234 | -2,925 | 54,239 | 2,380 | 5,127 | 3,815 | 22,002 | 26,693 | 183,177 | -98,436 | -99,941 | 18,779 | 65,431 | 65,479 | |
789 |
- | - | - | 0 | 9,902 | 9,902 | 9,902 | 9,902 | 9,902 | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | 49,510 | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
19,166 | 60,431 | 30,770 | 9,021 | 13,339 | 10,896 | 3,668 | 6,977 | 14,631 | 2,380 | 5,127 | 3,815 | 22,002 | 26,693 | 183,177 | -98,436 | -99,941 | 18,779 | 65,431 | 65,479 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
19,166 | 60,431 | 30,770 | 9,538 | 13,517 | 11,178 | 4,282 | 8,614 | 19,637 | 5,007 | 7,626 | 27,499 | 23,684 | 11,682 | -15,011 | -198,188 | -99,752 | 19,189 | 68,410 | 65,479 | |
14P |
- | - | 0 | 517 | 178 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
0 | 200,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
19,166 | 60,431 | 30,770 | 9,538 | 13,000 | 11,000 | 4,000 | 8,000 | 18,000 | - | 5,000 | 25,000 | - | 10,000 | - | - | - | 19,000 | 68,000 | 62,500 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,500 | |
6921 |
19,166 | 60,431 | 30,770 | 9,538 | 13,000 | 11,000 | 4,000 | 8,000 | 18,000 | - | 5,000 | 25,000 | - | 10,000 | - | - | - | 19,000 | 68,000 | 55,000 | |
694/7 |
0 | 200,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
0 | 200,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | 0.2 | 0.6 | - | 2.3 | 5 | 5 | 2.5 | 2 | 2.8 | 3 | 2.3 | 2 | 2.2 | 2.1 | 2 | 1.2 | 1 | 0.5 | |
Hours worked1013 |
- | - | 185 | 1,342 | - | 3,862 | 4,587 | 7,990 | 4,073 | 3,626 | 3,453 | 3,595 | 2,706 | 668 | 2,900 | 3,032 | 2,712 | 1,912 | 1,736 | 776 | |
| Document | |||||||||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 20-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 20 days after the deadline. Filed on 20 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00438236.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-08-2026 | 2026-00438236 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00532551 | |
| 31-12-2023 | micro format | 21-11-2024 | 2024-00604077 | |
| 31-12-2022 | abbreviated format | 29-09-2023 | 2023-00475422 | |
| 31-12-2021 | abbreviated format | 08-08-2022 | 2022-20279552 | |
| 31-12-2020 | abbreviated format | 09-08-2021 | 2021-47500267 | |
| 31-12-2019 | abbreviated format | 23-07-2020 | 2020-32900448 | |
| 31-12-2018 | abbreviated format | 18-07-2019 | 2019-34800323 | |
| 31-12-2017 | abbreviated format | 18-07-2018 | 2018-35100560 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-27400226 | |
| 31-12-2015 | abbreviated format | 27-06-2016 | 2016-22800152 | |
| 31-12-2014 | abbreviated format | 24-08-2015 | 2015-45400377 | |
| 31-12-2013 | abbreviated format | 09-05-2014 | 2014-11800320 | |
| 30-06-2012 | abbreviated format | 12-09-2012 | 2012-56300507 | |
| 31-12-2011 | abbreviated format | 04-06-2012 | 2012-14800261 | |
| 31-12-2010 | abbreviated format | 23-08-2011 | 2011-42400385 | |
| 31-12-2009 | abbreviated format | 11-05-2010 | 2010-11800555 | |
| 31-12-2008 | abbreviated format | 14-08-2009 | 2009-58700292 | |
| 31-12-2007 | abbreviated format | 22-07-2008 | 2008-46700137 | |
| 31-12-2006 | abbreviated format | 22-07-2008 | 2008-46700141 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 72,936 | 101,484 | 61,094 | 23,340 | 68,553 | 92,100 | 95,507 | 123,517 | 172,439 | 95,011 | 75,268 | 79,665 | 178,967 | 73,825 | 242,326 | 77,295 | 97,549 | 207,665 | 328,960 | 86,149 | ||
| 65,653 | 81,332 | 49,288 | 19,991 | 68,609 | 94,976 | 97,899 | 107,257 | 144,787 | 89,740 | 88,153 | 88,386 | 160,793 | 68,146 | 233,316 | 59,817 | 75,739 | 206,025 | 302,421 | 173,255 | ||
| 171,196 | 75,200 | 48,031 | 8,980 | 0 | 2,000 | 53,750 | 49,300 | 234,161 | 128,646 | 10,594 | 83,880 | 70,920 | 197,000 | 25,997 | 16,909 | 7,947 | 144,690 | 340,876 | 613,372 | ||
| -38,213 | 26,444 | 9,724 | -38,018 | 22,816 | -11,962 | -54,700 | -21,448 | - | - | 7,552 | -64,705 | 3,983 | 26,250 | -86,713 | 124,500 | -5,688 | -76,120 | 77,246 | - | ||
| 97,289 | 173,991 | 315,944 | 314,687 | 309,359 | 291,896 | 257,339 | 296,002 | 284,790 | 199,229 | 172,169 | 136,130 | 171,537 | 120,617 | 132,091 | 34,726 | 108,096 | 165,869 | 135,735 | 3,008 | ||
| 21.8% | 20.8% | 44.2% | 64.6% | 51.6% | 62.5% | 40.1% | 34.6% | 38.1% | 44.6% | 62.9% | 34.2% | 31.1% | 37.2% | 47.2% | 6.7% | 19.0% | 28.3% | 18.8% | 14.7% | ||
| 1.13 | 1.22 | 1.70 | 2.75 | 2.06 | 3.21 | 1.72 | 1.72 | 2.01 | 1.77 | 2.16 | 1.30 | 1.36 | 1.45 | 1.59 | 1.14 | 1.39 | 1.87 | 1.35 | 1.01 | ||
| 3.59 | 3.80 | 1.26 | 0.55 | 0.94 | 0.59 | 1.47 | 1.85 | 1.58 | 1.24 | 0.59 | 1.93 | 2.21 | 1.69 | 1.12 | 14.00 | 4.26 | 2.53 | 4.33 | 5.79 | ||
| 8.0% | 27.6% | 8.6% | 2.8% | 1.1% | 0.3% | -2.0% | -0.9% | 16.8% | 0.9% | 1.9% | 1.5% | 8.5% | 11.3% | 87.4% | -374.1% | -80.1% | 8.4% | 31.8% | 46.6% | ||
| 1.8% | 5.7% | 3.8% | 1.8% | 0.6% | 0.2% | -0.8% | -0.3% | 6.4% | 0.4% | 1.2% | 0.5% | 2.7% | 4.2% | 41.3% | -24.9% | -15.2% | 2.4% | 6.0% | 6.9% | ||
| 20.24 | over 100 | 71.98 | 62.23 | 52.94 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| 0.2 | 0.6 | - | |
| Joined | 2 | 3 | 0 |
| Left | 2 | 3 | 1 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | €5,682 | €52,669 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €106,475 | €75,200 | €48,031 | €8,980 | - |
| Financial fixed assets | €64,721 | - | - | - | - |
| €46,487 | €20,901 | €18,518 | €10,969 | €65,172 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FOREC
The operating result for 2025 is 67% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 79.2% to 78.2%. Equity and debt are higher.