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FORMATHE

Active Non-profit associationfounded 2001active for 25 yearsRue de Colard Trouillet 10, 4100 SeraingKBO/BCE: BE 0476.488.447
FORMATHE
Financial year 2025
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Annual accounts 2025

micro format, filed on 19-06-2026, 42 days before the deadline
€570,488
▲ 7.3%
€2,000
▲ 61.4%
€680
▼ 5.8%
€113,066
▲ 169%
15.4%
▼ 11.6 percentage points
1.55
▲ 0.22

The turnover shown is an estimate from the gross margin.

Turnover ≈ €860,000. Estimated: probably between €610,000 and €1.4m.

Balance sheet

balance sheet total €337,093 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

15.4%

Higher than 28% of 2,748 companies in 2025.

1.55

Higher than 46% of 2,604 companies in 2025.

0.2%

Higher than 30% of 2,639 companies in 2025.

FORMATHE Middle half of the sector 80% of the sector Micro accounts in education (NACE 85)

Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter

Staff

€44,069

Staff costs divided by the average number of full-time equivalents.

+2 people

people who joined people who left

In 2025, 10 people joined and 8 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011
Balance sheet: assets
20/58 337,093189,795129,732106,72492,679141,520112,65198,46786,10499,40079,83546,438118,17081,50973,947
21/28 18,00318,00325,81722,74823,22116,25816,12320,61812,85818,66617,4535,9557,4297,945364
22/27 --004739453,5059,5619,57210,5037,324-6751,434364
22 --00001,4772,9544,4315,908-----
23 --004739452,0285,6743,2751,7967,324----
24 -------9331,8662,7990-6751,434364
28 18,00318,00325,81722,74822,74815,31312,61811,0573,2868,16410,1295,9556,7546,511-
29/58 319,090171,792103,91583,97669,458125,26296,52977,84973,24680,73462,38240,483110,74173,56373,583
40/41 311,779167,62797,12667,44867,73961,49588,47572,89153,54176,27758,81438,809107,30368,89772,806
40 -----------138---
41 311,779167,62797,12667,44867,73961,49588,47572,89153,54176,27758,81438,672107,30368,89772,806
54/58 7,3114,1652,98016,5281,71963,7688,0544,95819,7054,4563,5691,6743,4374,666777
490/1 --3,809------------
Balance sheet: equity and liabilities
10/49 337,093189,795129,732106,72492,679141,520112,65198,46786,10499,40079,83546,438118,17081,50973,947
10/15 51,77351,09350,37151,56051,09042,0247,0735,6804,7513,2462,447664-5,195-945-4,601
14 51,77351,09350,37151,56051,09042,0247,0735,6804,7513,2462,447664-5,195-945-4,601
17/49 285,321138,70279,36155,16541,58999,496105,57892,78781,35396,15477,38845,774123,36582,45478,548
42/48 206,025129,70279,36155,16541,58975,129105,57892,78781,35396,15477,38845,774123,36582,45478,548
43 120,00050,00015,000-040,00050,00050,00040,00063,61143,21516,40696,76148,95042,350
430/8 120,00050,00015,000--40,00050,00050,00040,00063,61143,21516,40696,76148,95042,350
44 4,2578,359-3363238,0642,1891,7613,9464,77811,3252,1612,9473,0814,904
440/4 4,2578,359-3363238,0642,1891,7613,9464,77811,3252,1612,9473,0814,904
45 81,76771,34364,36154,82841,26627,06653,38941,02637,40727,76522,84827,20723,65630,42331,294
450/3 ------18,1847,47310,7065,3424,476--6,3429,762
454/9 81,76771,34364,36154,82841,26627,06635,20533,55326,70122,42318,37227,20723,65624,08121,532
492/3 79,2969,000---24,367---------
Income statement
76A --------29------
9900 570,488531,717489,157417,944357,028376,269360,624396,696283,706248,296192,492203,115219,965218,266249,302
62 568,488530,478489,843415,983347,310334,939351,370386,794273,153240,043185,710193,343219,245210,876233,955
630 --04734733,9786,0566,0365,8434,2062,729675760934377
9901 2,0001,239-6851,4899,24537,3523,1993,8674,7104,0484,0539,098-406,45714,970
75/76B --------10055198-
75 --------10055198-
65/66B 1,3205175041,0191792,4021,8062,9383,2333,2492,2703,2444,2612,8992,631
65 1,3205175041,0191792,4021,8062,9383,2333,2492,2703,2444,2612,8992,631
9903 680722-1,1894699,06634,9511,3939291,4777991,7835,859-4,2503,65512,339
9904 680722-1,1894699,06634,9511,3939291,5057991,7835,859-4,2503,65512,339
9905 680722-1,1894699,06634,9511,3939291,5057991,7835,859-4,250--
Appropriation of the result
9906 51,77351,09350,37151,56051,09042,0247,0735,6804,7513,2462,447664-5,195--
14P 51,09350,37151,56051,09042,024----------
Social balance sheet
9087 12.911.610.4---76.965.355555
Hours worked1013 12,52913,22111,087---11,14411,375-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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 19-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 19-06-2026 2026-00177499 PDF
31-12-2024 micro format 26-06-2025 2025-00188573 PDF
31-12-2023 micro format 20-08-2024 2024-00356857 PDF
31-12-2022 micro format 13-06-2023 2023-00122289 PDF
31-12-2021 micro format 14-06-2022 2022-20061536 PDF
31-12-2020 micro format 05-07-2021 2021-31200098 PDF
31-12-2019 full format 28-08-2020 2020-47200450 PDF
31-12-2018 full format 01-07-2019 2019-26700571 PDF
31-12-2017 full format 23-05-2018 2018-13600161 PDF
31-12-2016 full format 28-04-2017 2017-10700073 PDF
31-12-2015 full format 25-04-2016 2016-11000042 PDF
31-12-2014 full format 27-03-2015 2015-07500189 PDF
31-12-2013 full format 30-04-2014 2014-10700116 PDF
31-12-2012 full format 28-05-2013 2013-13700441 PDF
31-12-2011 full format 15-06-2012 2012-18200014 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011
---6851,9619,71841,3309,2549,90210,5538,2546,7829,7727207,39015,347
---1,1899429,53938,9287,4496,9647,3495,0054,5126,534-3,4904,58912,716
--3,06807,4364,1131,56113,7954,9137,38514,2275,7392438,515-
3,1461,185-13,54714,808-62,04955,7143,095-14,74715,2498881,895-1,763-1,2293,889-
113,06642,09024,55428,81227,86950,133-9,049-14,938-8,107-15,421-15,006-5,291-12,624-8,891-4,965
15.4%26.9%38.8%48.3%55.1%29.7%6.3%5.8%5.5%3.3%3.1%1.4%-4.4%-1.2%-6.2%
1.551.321.311.521.671.670.910.840.900.840.810.880.900.890.94
5.512.711.581.070.812.3714.9316.3417.1229.6231.63----
1.3%1.4%-2.4%0.9%17.7%83.2%19.7%16.4%31.7%24.6%72.9%----
0.2%0.4%-0.9%0.4%9.8%24.7%1.2%0.9%1.7%0.8%2.2%12.6%-3.6%4.5%16.7%
---1.361.9254.29----------

EBIT margin: not included in this filing.

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

Item31-12-202531-12-202431-12-2023
Employees at the balance-sheet date151314
full-time122
part-time141112
in full-time equivalents9.399.6
8.88.68
On a permanent contract1188
Joined101011
Left8117

Source: social balance sheet in the 2023 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Financial fixed assets--€3,068-€7,436
--€0€473€473

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

Insights on FORMATHE

The operating result for 2025 is 61% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 73.1% to 84.6%. Equity and debt are higher.

Next steps

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