FORMA-LIBRE

Active

Public limited companyfounded 2015active for 11 yearsRue de Chièvres(S) 512, 7332 Saint-Ghislain, BelgiumKBO/BCE: BE 0599.995.379

Summary

FORMA-LIBRE has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €202,084 and a net result of -€31,964. Equity has been growing by about 4.5% per year since 2018. Its solvency ranks better than 76% of 324 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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FORMA-LIBREActiveChecked score 87/100

Risk analysis Report Compare

Overview

Official details

Source: KBO

Status: Active since 06-03-2015 Normal situation
Activity: Book publishing NACE 58110and 5 others
Joint committee: 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit: 2.239.892.623 7332 Saint-Ghislain, since 06-03-2015
Financial year end: 31 December
Peppol: Reachable since 23-12-2025

Company details

Board and ownership

Board

Laurent GruberManaging director

Board & ownership

Financial position

87 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Annual accounts 2025

Gross margin: €2,397; ▼ 99.4%
Turnover: ≈ €16,000; estimated
Loss: €31,964
Equity: €202,084; ▼ 13.7%
Total assets: €270,104; ▼ 35.5%
Staff: 0.5 FTE; ▼ 83.3%

Financials

Score breakdownraises riskLoss of €31,964 (financial year 2025)lowers riskSector: Publishing activities (NACE 58)Size: total assets €270,104Equity €202,084 (74.8% of total assets)Show the evidence

Checked score

Score 2025

87 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 38% of micro companies in publishing (NACE 58)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Average

Solvency 100+19

equity 74.8% of total assets

Liquidity 46+17

short-term debt 25.2% · cash 4.2%

Profitability 8-76

return on assets -11.8%

Bankruptcy probability within 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,282 companies, NACE 58, micro)

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value

Credit of up to €17,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.97 (0.99 in 2024), above the usual 1.5. Short-term debt is 25.2% and cash 4.2% of total assets. 25.2% of the assets are financed with debt and provisions.

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58, micro). It does better than 73% of them on solvency, 32% on liquidity, 20% on profitability and 28% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.

lowers riskraises riskneutral

Loss of €31,964 (financial year 2025)

NBB · annual accounts

Sector: Publishing activities (NACE 58)

KBO

Size: total assets €270,104

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Equity €202,084 (74.8% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

1 day early

2024

16 days early

2023

26 days late

2022

12 days early

2021

26 days early

2020

5 days early

2019

94 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 accounts filed within 30 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

03-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 30-07-2026 at the NBB all 11 filings

Turnover

≈ €16,000

Estimated: probably between €6,800 and €41,000

EBIT margin

Not included in this filing

Net result

-€31,964

2024 · €52,158

Working capital

€202,084

2024 · -€2,123

Multi-year overview

2018 to 2025, 8 financial years

Operating result

-€38,843

2025

20182025

Net result

-€31,964

2025

lowest quarter of the sector

20182025

Equity

€202,084

▼ 13.7% 2025

middle half of the sector

20182025

Total assets

€270,104

▼ 35.5% 2025

middle half of the sector

20182025

Debt

€68,020

▼ 63.2% 2025

20182025

Working capital

€202,084

2025

middle half of the sector

20182025

Solvency

74.8%

▲ 19.0pp 2025

highest quarter of the sector

20182025

Current ratio

3.97

▲ 2.98 2025

middle half of the sector

20182025

Return on assets (ROA)

-11.8%

▼ 24.3pp 2025

lowest quarter of the sector

20182025

Staff (FTE)

0.5

▼ 83.3% 2025

lowest quarter of the sector

20182025

Every figure per financial year

Every figure with its change against the financial year before

favourable unfavourable

Line20182019202020212022202320242025

Operating result-€8,503-€36,747€84,642▲ 130%-€431-€88,094▼ 20,327%€21,266€56,912▲ 168%-€38,843

Net result-€16,017-€17,951€84,157▲ 369%-€714-€88,205▼ 12,256%€26,812€52,158▲ 94.5%-€31,964

Equity€141,888-€159,839▲ 12.7%€243,997▲ 52.7%€243,283▼ 0.3%€155,078▼ 36.3%€181,889▲ 17.3%€234,048▲ 28.7%€202,084▼ 13.7%

Total assets€268,136-€291,465▲ 8.7%€347,918▲ 19.4%€429,493▲ 23.4%€341,781▼ 20.4%€425,601▲ 24.5%€419,061▼ 1.5%€270,104▼ 35.5%

Debt€126,248-€131,626▲ 4.3%€103,921▼ 21.0%€186,211▲ 79.2%€186,704▲ 0.3%€243,712▲ 30.5%€185,013▼ 24.1%€68,020▼ 63.2%

Working capital-€2,517-€37,855€89,257▲ 136%€32,736▼ 63.3%-€63,744-€78,516▼ 23.2%-€2,123▲ 97.3%€202,084

Solvency52.9%-54.8%▲ 1.9pp70.1%▲ 15.3pp56.6%▼ 13.5pp45.4%▼ 11.3pp42.7%▼ 2.6pp55.9%▲ 13.1pp74.8%▲ 19.0pp

Current ratio0.98-1.29▲ 0.311.86▲ 0.571.18▼ 0.680.66▼ 0.520.68▲ 0.020.99▲ 0.313.97▲ 2.98

Return on assets (ROA)-6.0%-6.2%▲ 12.1pp24.2%▲ 18.0pp-0.2%▼ 24.4pp-25.8%▼ 25.6pp6.3%▲ 32.1pp12.4%▲ 6.1pp-11.8%▼ 24.3pp

Staff (FTE)2.1-1.3▼ 38.1%1.1▼ 15.4%2.8▲ 155%1.9▼ 32.1%4.1▲ 116%3▼ 26.8%0.5▼ 83.3%

above within below The sector band is the middle half of the companies in Publishing activities (NACE 58). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €38,843, after a profit of €56,912 in 2024.

The turnover shown is an estimate from the gross margin.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €270,104

74.8%

25.2%

Equity €202,084 ▼ 13.7%

Debt €68,020 ▼ 63.2%

Debt's share of the balance-sheet total falls from 44.1% to 25.2%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

Debt to equity

0.34▼

2024 · 0.79

ROE

-15.8%▼

2024 · 22.3%

Debt ≤ 1 year

€68,020▼

2024 · €185,013

Staff costs

€39,829▼

2024 · €190,839

Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet

Item	31-12-2021	31-12-2022	31-12-2023	31-12-2024	31-12-2025
Employees at the balance-sheet date	2	3	3	3	-
full-time	1	3	3	3	-
part-time	1	-	-	-	-
in full-time equivalents	1.9	3	3	3	-
Average over the year, in full-time equivalents	2.8	1.9	4.1	3	0.5
On a permanent contract	2	3	3	3	-
Joined	1	2	0	-	0
Left	1	1	2	-	3

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2021	2022	2023	2024	2025
Intangible fixed assets	€162,119	€125,749	€195,318	€139,750	-
Depreciation and write-downs of the year	€106,270	€117,517	€153,734	€159,363	-

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines

Balance sheet Code20242025

Assets

Total assets20/58€419,061€270,104▼

Fixed assets21/28€236,170-

Intangible fixed assets21€236,170-

Current assets29/58€182,891€270,104▲

Amounts receivable within one year40/41€174,751€257,434▲

Trade receivables40€174,705€30,000▼

Other amounts receivable41€46€227,434▲

Cash at bank and in hand54/58€1,416€11,445▲

Deferred charges and accrued income490/1€6,723€1,225▼

Equity and liabilities

Total equity and liabilities10/49€419,061€270,104▼

Equity10/15€234,048€202,084▼

Contributions10/11€380,000€380,000=

Capital10€380,000€380,000=

Issued capital100€380,000€380,000=

Profit (loss) carried forward14-€145,952-€177,916▼

Amounts payable17/49€185,013€68,020▼

Amounts payable within one year42/48€185,013€68,020▼

Trade debts44€15,652€6,493▼

Suppliers440/4€15,652€6,493▼

Taxes, remuneration and social security45€168,510€61,527▼

Taxes450/3€6,874€1,962▼

Remuneration and social security454/9€161,636€59,566▼

Other amounts payable47/48€851-

Income statement Code20242025

Non-recurring operating income76A€32,537€126,510▲

Remuneration, social security and pensions62€190,839€39,829▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159,363-

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€95,225-

Other operating charges640/8€96,137€1,411▼

Non-recurring operating charges66A€188-

Gross operating margin9900€408,214€2,397▼

Operating profit (loss)9901€56,912-€38,843▼

Financial income75/76B€76€7,020▲

Recurring financial income75€76€7,020▲

Financial charges65/66B€4,830€140▼

Recurring financial charges65€4,830€140▼

Profit (loss) for the period before taxes9903€52,158-€31,964▼

Profit (loss) for the period9904€52,158-€31,964▼

Profit (loss) for the period to be appropriated9905€52,158-€31,964▼

Appropriation of the result

Profit (loss) to be appropriated9906-€145,952-€177,916▼

Profit (loss) brought forward from the previous period14P-€198,111-€145,952▲

The notes to these accounts have 5 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 30-07-2026.

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Non-recurring operating income76A	-	-	-	-	-	-	€32,537	€126,510	▲ 289%
Remuneration, social security and pensions62	-	-	-	€137,622	€137,750	€249,990	€190,839	€39,829	▼ 79.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€113,889	€127,009	€99,465	€106,270	€117,517	€153,734	€159,363	-	-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	-	-	-	-	€92,725	-€2,021	-€95,225	-	-
Other operating charges640/8	-	-	-	€348	€1,123	€3,107	€96,137	€1,411	▼ 98.5%
Non-recurring operating charges66A	-	-	-	-	-	-	€188	-	-
Gross operating margin9900	€275,887	€311,960	€239,119	€243,808	€261,020	€426,076	€408,214	€2,397	▼ 99.4%
Operating profit (loss)9901	-€8,503	€36,747	€84,642	-€431	-€88,094	€21,266	€56,912	-€38,843	-
Financial income75/76B	-	-	-	€0	€36	€90	€76	€7,020	▲ 92×
Recurring financial income75	€4	€42	€1	€0	€36	€90	€76	€7,020	▲ 92×
Financial charges65/66B	-	-	-	€283	€147	€213	€4,830	€140	▼ 97.1%
Recurring financial charges65	€7,518	€18,837	€486	€283	€147	€213	€4,830	€140	▼ 97.1%
Profit (loss) for the period before taxes9903	-€16,017	€17,951	€84,157	-€714	-€88,205	€21,144	€52,158	-€31,964	-
Income taxes67/77	-	-	-	-	-	-€5,668	-	-	-
Profit (loss) for the period9904	-€16,017	€17,951	€84,157	-€714	-€88,205	€26,812	€52,158	-€31,964	-
Profit (loss) for the period to be appropriated9905	-€16,017	€17,951	€84,157	-€714	-€88,205	€26,812	€52,158	-€31,964	-

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€268,136	€291,465	€347,918	€429,493	€341,781	€425,601	€419,061	€270,104	▼ 35.5%
Fixed assets21/28	€144,405	€121,984	€154,740	€210,589	€218,821	€260,405	€236,170	-	-
Intangible fixed assets21	€139,218	€117,152	€142,581	€201,596	€212,988	€255,783	€236,170	-	-
Tangible fixed assets22/27	€414	€210	€7,536	€4,370	€1,211	-	-	-	-
Furniture and vehicles24	-	-	-	€4,370	€1,211	-	-	-	-
Financial fixed assets28	€4,772	€4,622	€4,622	€4,622	€4,622	€4,622	-	-	-
Current assets29/58	€123,731	€169,481	€193,178	€218,904	€122,960	€165,196	€182,891	€270,104	▲ 47.7%
Amounts receivable within one year40/41	€115,889	€163,461	€183,599	€215,836	€112,185	€149,109	€174,751	€257,434	▲ 47.3%
Trade receivables40	-	-	-	€117,413	€108,538	€146,657	€174,705	€30,000	▼ 82.8%
Other amounts receivable41	-	-	-	€98,423	€3,647	€2,453	€46	€227,434	▲ 4,924×
Cash at bank and in hand54/58	€7,842	€6,020	€4,989	€2,440	€6,389	€11,067	€1,416	€11,445	▲ 708%
Deferred charges and accrued income490/1	-	-	-	€629	€4,386	€5,019	€6,723	€1,225	▼ 81.8%
Equity and liabilities
Total equity and liabilities10/49	€268,136	€291,465	€347,918	€429,493	€341,781	€425,601	€419,061	€270,104	▼ 35.5%
Equity10/15	€141,888	€159,839	€243,997	€243,283	€155,078	€181,889	€234,048	€202,084	▼ 13.7%
Contributions10/11	€380,000	€380,000	€380,000	€380,000	€380,000	€380,000	€380,000	€380,000	=
Capital10	-	-	-	€380,000	€380,000	€380,000	€380,000	€380,000	=
Issued capital100	-	-	-	€380,000	€380,000	€380,000	€380,000	€380,000	=
Profit (loss) carried forward14	-€238,112	-€220,161	-€136,003	-€136,717	-€224,922	-€198,111	-€145,952	-€177,916	▼ 21.9%
Amounts payable17/49	€126,248	€131,626	€103,921	€186,211	€186,704	€243,712	€185,013	€68,020	▼ 63.2%
Amounts payable within one year42/48	€126,248	€131,626	€103,921	€186,168	€186,704	€243,712	€185,013	€68,020	▼ 63.2%
Trade debts44	€36,032	€28,913	€38,898	€60,295	€68,513	€69,788	€15,652	€6,493	▼ 58.5%
Suppliers440/4	-	-	-	€60,295	€68,513	€69,788	€15,652	€6,493	▼ 58.5%
Taxes, remuneration and social security45	-	-	-	€121,463	€116,655	€172,557	€168,510	€61,527	▼ 63.5%
Taxes450/3	-	-	-	€38,242	€34,257	€36,317	€6,874	€1,962	▼ 71.5%
Remuneration and social security454/9	-	-	-	€83,221	€82,398	€136,240	€161,636	€59,566	▼ 63.1%
Other amounts payable47/48	-	-	-	€4,410	€1,535	€1,366	€851	-	-
Accrued charges and deferred income492/3	-	-	-	€42	-	-	-	-	-

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	-€16,017	€17,951	€84,157	-€714	-€88,205	€26,812	€52,158	-€31,964	-
+ Depreciation and write-downs630	€113,889	€127,009	€99,465	€106,270	€117,517	€153,734	€159,363	-	-
Operating cash flow (approximation)	€97,872	€144,960	€183,622	€105,556	€29,311	€180,546	€211,521	-€31,964	-
Investment in fixed assets (approximation)	-	-€104,588	-€132,221	-€162,119	-€125,749	-€195,318	-€135,128	-	-
Change in cash	-	-€1,821	-€1,032	-€2,549	€3,949	€4,677	-€9,651	€10,029	-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 4,805 companies had the same profile as FORMA-LIBRE has now. Two years later, 88.1% were still going and 2.0% had gone bankrupt.

Micro
10 to 20 years old
solvency 30% or more
a loss of 10% of the balance sheet or more

88.1% was still going

9.8% stopped otherwise

2.0% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of FORMA-LIBRE itself is lower: 0.2% within 12 months. It rests on far more data about FORMA-LIBRE than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,805 companies, not a prediction for FORMA-LIBRE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 11 filings with the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	30-07-2026	2026-00358109	PDF
31-12-2024	micro format	15-07-2025	2025-00272799	PDF
31-12-2023	micro format	26-08-2024	2024-00367317	PDF
31-12-2022	full format	19-07-2023	2023-00260486	PDF
31-12-2021	micro format	05-07-2022	2022-20172466	PDF
31-12-2020	micro format	26-07-2021	2021-40300095	PDF
31-12-2019	micro format	02-11-2020	2020-68100489	PDF
31-12-2018	micro format	28-09-2019	2019-67500241	PDF
31-12-2017	micro format	31-08-2018	2018-57600025	PDF
31-12-2016	full format	30-08-2017	2017-54200600	PDF

Show all 11 filings

Board & ownership

Directors

1 director, 1 in day-to-day management, last change in 2024

Board 1

Laurent Gruber

Director · current term since 28-06-2024 · listed in the 2025 annual accounts, filed on 30-07-2026

Current

Day-to-day management 1

Laurent Gruber

Managing director · appointed in the act of 08-04-2022

Current

Office holders in the KBO →

Owners and capital

Owners

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Mandate history

6 people, 1 in office

All 6 In office 1 Ended 5

Board
Day-to-day management
began earlier
end not dated

Mandates per person, with start and end dates
Name	Functions and periods
Laurent Gruber	Director, appointed in the act of 08-04-2022, still in office Managing director, appointed in the act of 08-04-2022, still in office
CENTRE DE RECHERCHE ET DE DEVELOPPEMENT DE L'ECAM	Director, appointed in the act of 08-04-2022, until 28-06-2024
Marcel Lebrun	Director, appointed in the act of 08-04-2022, until 28-06-2024
Virginie Hannot	Director, until 28-06-2024
CERDECAM	Director, appointed in the act of 08-04-2022, no longer listed in the 2025 annual accounts
Virginie Gruber	Director, appointed in the act of 08-04-2022, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Network & group

Connections & network

1 current director

Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

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Timeline

Acts, filings and financial milestones

All 22Financial 8Gazette 4Filings 10

Deadline for the 2026 accounts: 31-07-2027

2026

30-07

NBB filing Annual accounts 2025 filedNBB

abbreviated format · 1 day before the deadline

2025

31-12

Financial Liquidity quadruplescurrent ratio 3.97

The current ratio rises from 0.99 to 3.97. Short-term debt falls from €185,013 to €68,020.

23-07

Gazette deed 3 directors resigning, 2 reappointed

Resignations: Marcel Lebrun, Virginie Hannot and Le Cerdecam ASBL · Reappointment: Laurent Gruber (director)7 points ▸

General meeting, 22-06-2025
Director resignation, Marcel Lebrun (director)
Director resignation, Virginie Hannot (director)
Director resignation, Le Cerdecam ASBL (director)
Other provision, representation, “representative” (deed in French)
Director reappointment, Laurent Gruber (director)
Director reappointment, Laurent Gruber (managing director)

Open the act in the Belgian Official Gazette

15-07

NBB filing Annual accounts 2024 filedPDF

micro format · 16 days before the deadline

2024

31-12

Financial Equity above €200,000equity €234,048 ▲28.7%

After 2 profitable years in a row, equity reaches €234,048.

26-08

NBB filing Annual accounts 2023 filedPDF

micro format · 26 days late

2023

31-12

Financial Back to profitnet €26,812

The net result is €26,812, after 2 loss-making years.

19-07

NBB filing Annual accounts 2022 filedPDF

full format · 12 days before the deadline

2022

31-12

Financial Weakest financial yearnet -€88,205

The net result drops to -€88,205, the lowest from 2018 to 2025. It recovers the following year.

05-07

NBB filing Annual accounts 2021 filedPDF

micro format · 26 days before the deadline

08-04

Gazette deed Registered office moved from Ottignies-Louvain-la-Neuve to Neufmaison

New seat: Rue de Chièvres, 512 à 7332 Neufmaison · Previous seat: Chemin du Cyclotron, 6- 1348 Ottignies-Louvain-la-Neuve · Director in office3 points ▸

Board meeting, 22-03-2022
Registered-office move, Rue de Chièvres, 512 à 7332 Neufmaison
Director in office, Laurent GRUBER (managing director)

Open the act in the Belgian Official Gazette

08-04

Gazette deed 5 directors appointed

Appointments: Laurent Gruber, Marcel Lebrun and 2 others · Permanent representative: Xavier Van den Dooren13 points ▸

General meeting, 11-07-2018
Other provision, 28-06-2018
Director appointment, Laurent Gruber (director)
Director appointment, Marcel Lebrun (director)
Director appointment, CERDECAM (director)
Permanent representative, Xavier Van den Dooren (representative)
Director appointment, Laurent Gruber (managing director)
General meeting, 28-09-2020
Director appointment, Virginie Gruber (director)
Board composition, Laurent Gruber (director)
Board composition, Marcel Lebrun (director)
Board composition, CERDECAM (director)
The act holds 1 more point.

Open the act in the Belgian Official Gazette

Show earlier events

2021

26-07

NBB filing Annual accounts 2020 filedPDF

micro format · 5 days before the deadline

2020

31-12

Financial Highest result from 2018 to 2025net €84,157 ▲369%

The operating result of €84,642 and the net result of €84,157 are both a record.

31-12

Financial Equity above €200,000equity €243,997 ▲52.7%

After 2 profitable years in a row, equity reaches €243,997.

02-11

NBB filing Annual accounts 2019 filedPDF

micro format · 94 days late

2019

31-12

Financial Back to profitnet €17,951

The net result is €17,951, after one loss-making year.

31-12

Financial Equity above €150,000equity €159,839 ▲12.7%

Equity rises from €141,888 to €159,839.

28-09

NBB filing Annual accounts 2018 filedPDF

micro format · 59 days late

2018

31-08

NBB filing Annual accounts 2017 filedPDF

micro format · 31 days late

2017

30-08

NBB filing Annual accounts 2016 filedPDF

full format · 30 days late

2015

10-03

Gazette deed IncorporationPDF

Show all 11 filings

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official Gazette Filings with the National Bank

History

FORMA-LIBRE was incorporated on 6 March 2015.¹ The registered office was moved to Neufmaison in 2022.² Total assets went from €268,136 in 2018 to €270,104 in 2025 and headcount from 2.1 to 0.5 full-time equivalents.³

Company details

Register details

Identity

KBO record

Name FORMA-LIBRE in French

Enterprise number 0599.995.379

Legal form Public limited company

Status Active, normale toestand

Founded 06-03-2015

Entity type Legal entity

Registered office and establishments

Registered office Rue de Chièvres(S) 512, 7332 Saint-Ghislain, Belgium

1 former office

Chemin du Cyclotron, 6, 1348 Ottignies-Louvain-la-Neuve until 22-03-2022 · act of 08-04-2022

Establishment unit FORMA-LIBRE, Rue de Chièvres(S) 512, 7332 Saint-Ghislain since 06-03-2015 · unit number 2.239.892.623

Website www.claroline.com

E-mail info@claroline.com

Activities

NACEBEL 2025

58110 Book publishing main activity

58190 Other publishing activities, excluding software publishing

58290 Other software publishing

62100 Computer programming

62900 Other information technology and computer services

63100 Computing infrastructure, data processing, hosting and related activities

Codes under NACEBEL 2008

58110 Publishing activities main activity

58190 Publishing activities

58290 Publishing activities

62010 Computer programming, consultancy and related activities

62090 Computer programming, consultancy and related activities

63110 Computing infrastructure, data processing, hosting and other information service activities

Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025

Invoicing and payment

VAT number BE 0599.995.379

E-invoicing via Peppol

Reachable via Peppol

Peppol ID 0208:0599995379

Registered 23-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Financial year and general meeting

Accounts at the NBB

Financial year end 31-12

Sites & property

Location

registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area

1.6 ha

Building footprint

157 m²

Building volume

872 m³

Cadastral parcel	Region	Area	Buildings	Height / floors
53057A0030/00G000	Wallonia	1.6 ha	1 · 157 m²	7.8 m · 2