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FORMA CONCEPT

Active
Private limited companyfounded 201214 yrs activeRue du Meunier(Graty) 45, 7830 Silly, BelgiumKBO/BCE: BE 0843.700.357
Summary

FORMA CONCEPT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €249,258 and a net result of €15,374. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 41% of 2057 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability71▲+4
Solvency58▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.24 in 2024; short-term debt: 39.5% and cash: 2.4% of total assets), and 67.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
32.5%
Return on assets
2%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
12 d early
2024
24 d early
2023
51 d early
2022
8 d early
2021
7 d late
2020
5 d early
2019
93 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FORMA CONCEPT was incorporated on 15 February 2012.1 Total assets fell from EUR 982,964 in 2019 to EUR 766,936 in 2025 and headcount from 12.5 full-time equivalents in 2019 to 1.9 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2023 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15,374▲ 77.8%
2024 · €8,648
Working capital
-€223,949▼ 8.9%
2024 · -€205,575
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€93,014▲ 114%€109,351▲ 17.6%€59,331▼ 45.7%€19,711▼ 66.8%€28,435▲ 44.3%
Net result€54,338▲ 187%€73,442▲ 35.2%€36,794▼ 49.9%€8,648▼ 76.5%€15,374▲ 77.8%
Equity€235,980▲ 29.9%€309,421▲ 31.1%€346,216▲ 11.9%€252,834▼ 27.0%€249,258▼ 1.4%
Total assets€1.0m▼ 4.6%€975,496▼ 3.5%€937,215▼ 3.9%€790,292▼ 15.7%€766,936▼ 3.0%
Debt€774,846▼ 11.8%€666,074▼ 14.0%€591,000▼ 11.3%€537,458▼ 9.1%€517,678▼ 3.7%
Working capital-€149,620▲ 9.1%-€103,811▲ 30.6%-€62,975▲ 39.3%-€205,575▼ 226%-€223,949▼ 8.9%
Staff (FTE)10.6▼ 6.2%8.4▼ 20.8%1.9▼ 77.4%0▼ 100%
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €93,014€93,014Net result 2021: €54,338€54,338Operating result 2022: €109,351€109,351Net result 2022: €73,442€73,442Operating result 2023: €59,331€59,331Net result 2023: €36,794€36,794Operating result 2024: €19,711€19,711Net result 2024: €8,648€8,648Operating result 2025: €28,435€28,435Net result 2025: €15,374€15,37420212022202320242025€0€20,000€40,000€60,000Operating result 2023: €59,331€59,300Net result 2023: €36,794€36,800Operating result 2024: €19,711€19,700Net result 2024: €8,648€8,650Operating result 2025: €28,435€28,400Net result 2025: €15,374€15,400202320242025
The operating result recovers in 2025; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €766,936
Fixed assets €687,745 ▼ 5.2%
Current assets €79,191 ▲ 21.7%
Equity and liabilities €766,936
Equity €249,258 ▼ 1.4%
Debt €517,678 ▼ 3.7%
Debt's share of the balance-sheet total falls from 68.0% to 67.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€66,986▲
2024 · €58,438
Cash flow
€53,925▲
2024 · €47,374
Current ratio
0.26▲
2024 · 0.24
Debt to equity
2.08▼
2024 · 2.13
ROE
6.2%▲
2024 · 3.4%
ROA
2.0%▲
2024 · 1.1%
Interest coverage
7.19▲
2024 · 5.67
Debt ≤ 1 year
€303,140▲
2024 · €270,624
Debt > 1 year
€213,142▼
2024 · €265,033
Income taxes
€6,673▲
2024 · €4,288
Staff costs
€170▲
2024 · €130
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€790,292€766,936▼
Fixed assets21/28€725,243€687,745▼
Tangible fixed assets22/27€725,005€687,507▼
Land and buildings22€684,568€655,103▼
Plant, machinery and equipment23€40,143€32,404▼
Furniture and vehicles24€293€0▼
Financial fixed assets28€238€238=
Current assets29/58€65,049€79,191▲
Amounts receivable within one year40/41€51,541€60,784▲
Trade receivables40€8,541€17,784▲
Other amounts receivable41€43,000€43,000=
Cash at bank and in hand54/58€13,509€18,407▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€790,292€766,936▼
Equity10/15€252,834€249,258▼
Contributions10/11€30,000€30,000=
Reserves13€222,834€219,258▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€222,834€219,258▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€537,458€517,678▼
Amounts payable after more than one year17€265,033€213,142▼
Financial debts170/4€265,033€213,142▼
Amounts payable within one year42/48€270,624€303,140▲
Current portion of amounts payable after more than one year42€84,412€51,890▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€15,254€11,572▼
Suppliers440/4€15,254€11,572▼
Taxes, remuneration and social security45€5,972€4,396▼
Taxes450/3€5,972€3,621▼
Remuneration and social security454/9€0€775▲
Other amounts payable47/48€164,986€235,281▲
Accrued charges and deferred income492/3€1,801€1,396▼
Income statement Code20242025
Remuneration, social security and pensions62€130€170▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,726€38,551▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€508€0▼
Other operating charges640/8€2,951€5,760▲
Gross operating margin9900€62,027€72,915▲
Operating profit (loss)9901€19,711€28,435▲
Financial income75/76B€3,538€2,924▼
Recurring financial income75€3,538€2,924▼
Financial charges65/66B€10,313€9,311▼
Recurring financial charges65€10,313€9,311▼
Profit (loss) for the period before taxes9903€12,936€22,048▲
Income taxes67/77€4,288€6,673▲
Profit (loss) for the period9904€8,648€15,374▲
Profit (loss) for the period to be appropriated9905€8,648€15,374▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,648€15,374▲
Transfer from equity791/2€102,029€18,951▼
Transfer to equity691/2€8,648€15,374▲
To other reserves6921€8,648€15,374▲
Profit to be distributed694/7€102,029€18,951▼
Return on contributions (dividend)694€102,029€18,951▼
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€258,718€57,306€130€170▲ 30.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,324€39,600€39,155€38,726€38,551▼ 0.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€508€0▼ 100%
Other operating charges640/8-€6,836€9,704€2,951€5,760▲ 95.2%
Gross operating margin9900€423,262€414,504€165,496€62,027€72,915▲ 17.6%
Operating profit (loss)9901€93,014€109,351€59,331€19,711€28,435▲ 44.3%
Financial income75/76B-€3,516€3,643€3,538€2,924▼ 17.3%
Recurring financial income75€2,708€3,516€3,643€3,538€2,924▼ 17.3%
Financial charges65/66B-€11,289€12,906€10,313€9,311▼ 9.7%
Recurring financial charges65€22,645€11,289€12,906€10,313€9,311▼ 9.7%
Profit (loss) for the period before taxes9903€73,077€101,578€50,068€12,936€22,048▲ 70.4%
Income taxes67/77€18,738€28,137€13,274€4,288€6,673▲ 55.6%
Profit (loss) for the period9904€54,338€73,442€36,794€8,648€15,374▲ 77.8%
Profit (loss) for the period to be appropriated9905€54,338€73,442€36,794€8,648€15,374▲ 77.8%
Line20212022202320242025Change
Assets
Total assets20/58€1.0m€975,496€937,215€790,292€766,936▼ 3.0%
Fixed assets21/28€839,145€799,545€760,390€725,243€687,745▼ 5.2%
Tangible fixed assets22/27€838,907€799,307€760,152€725,005€687,507▼ 5.2%
Land and buildings22-€742,149€711,683€684,568€655,103▼ 4.3%
Plant, machinery and equipment23-€55,622€47,882€40,143€32,404▼ 19.3%
Furniture and vehicles24-€1,537€587€293€0▼ 100%
Financial fixed assets28€238€238€238€238€238=
Current assets29/58€171,681€175,951€176,825€65,049€79,191▲ 21.7%
Amounts receivable within one year40/41€122,663€153,207€147,340€51,541€60,784▲ 17.9%
Trade receivables40-€24,690€12,097€8,541€17,784▲ 108%
Other amounts receivable41-€128,517€135,243€43,000€43,000=
Cash at bank and in hand54/58€47,351€22,744€28,749€13,509€18,407▲ 36.3%
Deferred charges and accrued income490/1-€0€736€0--
Equity and liabilities
Total equity and liabilities10/49€1.0m€975,496€937,215€790,292€766,936▼ 3.0%
Equity10/15€235,980€309,421€346,216€252,834€249,258▼ 1.4%
Contributions10/11-€30,000€30,000€30,000€30,000=
Reserves13€205,980€279,421€316,216€222,834€219,258▼ 1.6%
Non-distributable reserves130/1-€3,000€3,000€0--
Reserves not available under the articles1311-€3,000€3,000€0--
Distributable reserves133-€276,421€313,216€222,834€219,258▼ 1.6%
Profit (loss) carried forward14---€0€0-
Amounts payable17/49€774,846€666,074€591,000€537,458€517,678▼ 3.7%
Amounts payable after more than one year17€451,018€384,712€349,445€265,033€213,142▼ 19.6%
Financial debts170/4-€384,712€349,445€265,033€213,142▼ 19.6%
Amounts payable within one year42/48€321,301€279,762€239,799€270,624€303,140▲ 12.0%
Current portion of amounts payable after more than one year42-€69,881€92,206€84,412€51,890▼ 38.5%
Financial debts43-€30,445€18,071€0--
Credit institutions430/8-€30,445€18,071€0--
Trade debts44€14,696€12,723€12,227€15,254€11,572▼ 24.1%
Suppliers440/4-€12,723€12,227€15,254€11,572▼ 24.1%
Taxes, remuneration and social security45-€32,155€1,588€5,972€4,396▼ 26.4%
Taxes450/3-€8,543€119€5,972€3,621▼ 39.4%
Remuneration and social security454/9-€23,612€1,469€0€775-
Other amounts payable47/48-€134,558€115,707€164,986€235,281▲ 42.6%
Accrued charges and deferred income492/3-€1,600€1,755€1,801€1,396▼ 22.5%
Line20212022202320242025Change
Profit (loss) for the period9904€54,338€73,442€36,794€8,648€15,374▲ 77.8%
+ Depreciation and write-downs630€40,324€39,600€39,155€38,726€38,551▼ 0.5%
Operating cash flow (approximation)€94,663€113,042€75,949€47,374€53,925▲ 13.8%
Investment in fixed assets (approximation)-€0€0-€3,579-€1,054▲ 70.6%
Change in cash--€24,608€6,005-€15,240€4,898▲ 132%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
06-07
State Gazette act Restructuring
Merger · Capital · Accounting effect11 facts ▸
  • Merger
  • Capital, €30.000
  • Capital, €18.600
  • Accounting effect, 01-01-2026
  • Shareholding, 50
  • Shareholding, 50
  • Shareholding, 50
  • Shareholding, 50
  • General assembly date, 18-08-2026
  • General assembly date, 18-08-2026
  • Accounting reference date, 31-12-2025
19-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
07-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial Weakest financial yearnet €8,648 ▼76.5%
Net result drops to €8,648, the lowest in the series; recovery starts the following year.
2023
11-12
NBB filing Annual accounts filed
fiscal year 2023 · full schema
23-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial Highest result since 2019net €73,442 ▲35.2%
Operating result €109,351, net result €73,442, both a record.
07-02
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 7 days late
2021
30-06
Financial Equity above €200,000Eq €235,980 ▲29.9%
3 profitable years in a row build equity to €235,980.
26-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
27-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Silly · 2 establishment units since 2016
seat establishment approximate All 2 establishment units on the map
Ground area
2.8 ha
Building footprint
1.0 ha
Volume, LiDAR
73,222 m³
2 parcels, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
FORMA CONCEPT
Chemin du Fundus(M.E) 2, 7822 AthBusiness consulting
since 20162.256.269.686
FORMA CONCEPT
Rue du Meunier(Graty) 45, 7830 SillyBusiness consulting
since 20162.256.269.785
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
51024A0435/00S008 Wallonia 2.7 ha 1 · 9,864 m² 9.2 m · 2 fl.
55014E0072/00D000indicative Wallonia 1,187 m² 1 · 159 m² 6.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
La société a pour objet, tant en Belgique qu'à l'étranger, pour compte propre ou pour compte de tiers: -le nettoyage, l'aménagement, l'embellissement, l'entretien, la désinfection…
Full purpose

La société a pour objet, tant en Belgique qu'à l'étranger, pour compte propre ou pour compte de tiers: -le nettoyage, l'aménagement, l'embellissement, l'entretien, la désinfection de tous locaux, espaces et immeubles généralement quelconques, industriels, commerciaux, publics ou privés, ainsi que le nettoyage de façades et de vitres, fenêtres, glaces et tous ornements tant intérieurs qu'extérieurs. -La mise à disposition des ménages et entreprises du personnel pour les travaux relatifs au nettoyage du domicile, la lessive et le repassage, les petits travaux occasionnels de couture, la préparation de repas, de courses ménagères, jardinage et autres travaux; -Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales; -Le nettoyage de tous types de bâtiments tels que les bureaux, les maisons, les appartements, les usines, les magasins, les institutions, les autres locaux à usage commercial ou professionnel; -Le déblayage et nettoyage des chantiers, des bureaux, des homes, des résidences et toutes surfaces commerciales et industrielles -Les activités de nettoyage et d'entretien des piscines; -Le nettoyage des voitures (car-wash), trains, des autobus, des avions, et tous autres véhicules... ; -Les activités de désinfection et de destruction de parasites; -Le balayage et l'arrosage de chaussées, squares, marchés, jardins publics, parcs; -Nettoyage de façades et les travaux de sablage. -L'achat, la vente en gros ou en détail, en ligne, par correspondance ou en direct, l'importation, l'exportation, la représentation, l'entreposage, la transformation, le courtage, la livraison, la location de tous biens mobiliers et marchandises diverses, cette énonciation étant indicative et non limitative. -L'achat, la vente, l'import, l'export de produits et matériels d'entretien de surfaces, de locaux et de bâtiments, et plus généralement des produits et matériels utilisés dans le cadre de l'activité « titres-services », en ce compris les vêtements professionnels avec leurs accessoires. -Le management industriel, le conseil en matiére de gestion d'entreprises industrielles ou commerciales. -L'achat, la vente, la construction, la transformation, l'aménagement, la location, la sous-location, l'exploitation directe ou régie, l'échange et, en général, toutes opérations qui se rattachent directement ou indirectement à la gestion à la mise en valeur de toutes propriétés immobilières bâties ou non bâties, en Belgique ou l'étranger et notamment l'acquisition et la gestion d'hôtels ou maisons d'hôtes. -Tous travaux de peinture, tapissage, garnissage et, en général, le placement de tous revêtements de murs et de sols: -La formation en management et la formation de personnel dans le champ d'activité relatif à l'objet social ou tout autre type de formation en management dans le domaine de l'activité économique et de celui du soutien et aux entreprises -Toutes activités en rapport avec l'entreprise générale de construction, ainsi que toutes transformations ayant un lien quelconque avec la construction dont entreprise générale de construction avec coordination des travaux par sous-traitants, isolation thermique et acoustique, placards et cuisines équipées, étanchéité de bâtiments, installateur en chauffage central, installateur électricien, vitrage, menuiserie et charpente, menuiserie en PVC, maçonnerie et béton, démolition, sanitaire et plomberie, chauffage au gaz par appareils individuels, zinguerie et couverture métallique de construction, couverture non métallique de construction, frigoriste, enseigne lumineuse, carrelage, plafonnage, rejointoyage, pose de chapes, peinture, pose de cloisons et faux plafonds en gyproc, petit terrassement, aménagement et entretien de terrains divers, travaux hydrofuges, travaux de pierres de taille et de marbrerie, tous travaux de restauration et toutes activités généralement quelconques à caractère immobilier telle que vente, achat, transformation de biens immobiliers pour le compte de la société ou d'un tiers, ainsi que la promotion immobilière. -Elle pourra rendre tous services de nature administrative, commerciale et financière et tous autres services de nature similaire, propres à développer les activités de la société. Elle pourra prendre la direction et le contrôle de ces sociétés, et leur prodiguer des avis. De plus, elle pourra accepter tout mandat d'administrateur, dans toutes sociétés commerciales, industrielles, financières, immobilières ou civiles. -La société peut, par voie d'apport en espèces ou en nature, de fusion, de souscription, de participation, d'intervention financière ou autrement, prendre des participations dans d'autres sociétés ou entreprises existantes ou à créer, que ce soit en Belgique ou à l'étranger, dont l'objet social sera semblable ou analogue au sien ou de nature à favoriser son objet social.

Structure & network

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
BE 0812.347.284proposal · State Gazette act of 06-07-2026 (2 acts)

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 06-07-2026 ↗
  • Laurence GARCON 50 shares
  • Zoltan SALAMON 50 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 06-07-2026 Capital stated in the act · 30,000 EUR · 100 shares

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 16,244 EUR awarded · 16,244 EUR paid
Year Entries awardedpaid
2023 1 197 EUR197 EUR
2022 1 16,047 EUR16,047 EUR
Schemes
2 entries · 16,244 EUR · 16,244 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 3,019 companies in sector 85592 we hold annual accounts for 988. 715 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-02-2012
Fiscal year end30-06
Activities, NACEBEL 2025
85592Vocational training
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.