FORMETCO

Active

Public limited companyfounded 1983active for 43 yearsVaartlaan 22, 9800 Deinze, BelgiumKBO/BCE: BE 0423.466.168

Summary

FORMETCO has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.3m and a net result of €33,871. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 86% of 8,972 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

FORMETCOActiveChecked score 56/100

Risk analysis Report Compare

Group and network

Holdings and subsidiaries

5 holdings

Holdings 5

Source for every holding own accounts 2024

LET ENGINEERINGsubsidiary
Equity €23,426Result -€631

100%
DELTRO SYSTEEMTECHNIEKsubsidiary
Equity €1.2mResult €145,556

99.55%
Laboratorium voor Electronische Toepassingen L.E.T.subsidiary
Equity €737,166Result €91,521

99.55%
LET AUTOMOTIVEsubsidiary
Equity €1.9mResult -€371,558

71.99%
Let optomecanica PrahaCZ

45%

According to the 2024 annual accounts of FORMETCO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

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