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FORMATECH NEW TECHNOLOGIES

Active
Public limited companyfounded 198937 yrs activeChaussée de Marche(JB) 637, 5100 Namur, BelgiumKBO/BCE: BE 0438.518.192
Summary

FORMATECH NEW TECHNOLOGIES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €920k and a net result of €-353k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 66% of 709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
67 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-29
Solvency86▼-11
Growth31▼-21
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.57 against 3.53 in 2024; short-term debt: 39% and cash: 49.7% of total assets), and 39% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 37 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
35 d early
2023
40 d early
2022
32 d early
2021
34 d early
2020
30 d early
2019
48 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, full schema

Turnover
€3.69M▼ 1.5%
2024 · €3.74M
2024: €3.74M
2024 → 2025
EBIT margin
-9.3%▼ 8.9pp
2024 · -0.4%
2024: -0.4%
2024 → 2025
Net result
€-353k
2024 · €5k
2018: €12k 2019: €3k 2020: €5k 2021: €43k 2022: €-28k 2023: €4k 2024: €5k
2018 → 2025
Working capital
€920k▼ 27.2%
2024 · €1.26M
2018: €938k 2019: €1.07M 2020: €1.17M 2021: €1.23M 2022: €1.23M 2023: €1.25M 2024: €1.26M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€3.74M€3.69M▼ 1.5%
Equity€1.29M-€1.26M▼ 2.1%€1.27M▲ 0.3%€1.27M▲ 0.4%€920k▼ 27.7%
Operating result€75k-€37k▼ 50.6%€38k▲ 1.4%€-13k€-342k▼ 2,468%
Net result€43k-€-28k€4k€5k▲ 28.7%€-353k
Result per fiscal year
Operating resultNet result
€-400k€-200k€0Operating result 2021: €75k€75kNet result 2021: €43k€43kOperating result 2022: €37k€37kNet result 2022: €-28k€-28kOperating result 2023: €38k€38kNet result 2023: €4k€4kOperating result 2024: €-13k€-13kNet result 2024: €5k€5kOperating result 2025: €-342k€-342kNet result 2025: €-353k€-353k20212022202320242025€-400k€-300k€-200k€-100k€0Operating result 2023: €38k€38kNet result 2023: €4k€3.9kOperating result 2024: €-13k€-13kNet result 2024: €5k€5.1kOperating result 2025: €-342k€-342kNet result 2025: €-353k€-353k202320242025
The operating result stays negative: a loss of €342k in 2025 against €13k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.51M
Fixed assets €100 ▼ 98.9%
Current assets €1.51M ▼ 14.5%
Equity and liabilities €1.51M
Equity €920k ▼ 27.7%
Debt €587k ▲ 17.8%
Debt's share of the balance-sheet total rises from 28.2% to 39.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-334k
2024 · €-4k
Cash flow
€-344k
2024 · €14k
Current ratio
2.57
2024 · 3.53
Debt to equity
0.64
2024 · 0.39
ROE
-38.3%
2024 · 0.4%
ROA
-23.4%
2024 · 0.3%
Interest coverage
-21.00
2024 · 0.21
Debt ≤ 1 year
€587k
2024 · €499k
Income taxes
€4k
2024 · €20k
Staff costs
€1.35M
2024 · €1.35M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.77M€1.51M
Fixed assets21/28€9k€100
Tangible fixed assets22/27€9k€0
Furniture and vehicles24€9k€0
Financial fixed assets28€100€100=
Current assets29/58€1.76M€1.51M
Amounts receivable within one year40/41€267k€257k
Trade receivables40€213k€215k
Other amounts receivable41€54k€42k
Current investments50/53€1,000k€500k
Cash at bank and in hand54/58€494k€749k
Deferred charges and accrued income490/1€1k€2k
Equity and liabilities
Total equity and liabilities10/49€1.77M€1.51M
Equity10/15€1.27M€920k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€438k€438k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€432k€432k=
Profit (loss) carried forward14€772k€419k
Amounts payable17/49€499k€587k
Amounts payable within one year42/48€499k€587k
Trade debts44€293k€401k
Suppliers440/4€293k€401k
Bills of exchange payable441€0€0=
Taxes, remuneration and social security45€206k€186k
Taxes450/3€41k€43k
Remuneration and social security454/9€165k€143k
Income statement Code20242025
Turnover70€3.74M€3.69M
Non-recurring operating income76A€5€676
Goods, raw materials, services and sundry goods60/61€2.42M€2.72M
Remuneration, social security and pensions62€1.35M€1.35M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k
Other operating charges640/8€1k€255
Non-recurring operating charges66A€13k€1k
Gross operating margin9900€1.36M€1.01M
Operating profit (loss)9901€-13k€-342k
Financial income75/76B€18k€10k
Recurring financial income75€18k€10k
Financial charges65/66B€-21k€16k
Recurring financial charges65€-21k€16k
Profit (loss) for the period before taxes9903€25k€-348k
Income taxes67/77€20k€4k
Profit (loss) for the period9904€5k€-353k
Profit (loss) for the period to be appropriated9905€5k€-353k
Appropriation of the result
Profit (loss) to be appropriated9906€772k€419k
Profit (loss) brought forward from the previous period14P€767k€772k
Social balance
Average headcount (FTE)908714.814.7

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
State Gazette act Reappointments: François BERSEZ (chair) and Sinio (statutory auditor)
Permanent representative: Guy Cremer · Registered-office move12 facts ▸
  • Board meeting
  • Director reappointment, François BERSEZ (chair)
  • Board composition, François BERSEZ (chair)
  • Board composition, Jean-Benoît LE BOULENGÉ (managing director)
  • Board composition, Fabrice CEOLA (director)
  • Board composition, Rodolphe GAMBINI (director)
  • Board composition, Olivier GRIMONPREZ (director)
  • Board composition, Pierre-Frédéric NYST (director)
  • General meeting
  • Auditor reappointment, Sinio
  • Permanent representative, Guy Cremer
  • Registered-office move, Chaussée de Marche 637 à 5100 Namur-Wierde
02-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €-353k ▼7072%
Net result drops to €-353k, the lowest in the series.
26-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
21-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
20-12
State Gazette act Statutes amendment
Capital · Power of attorney4 facts ▸
  • General meeting, 04-12-2023
  • Statutes amendment
  • Capital, €61.973,38
  • Power of attorney, FORMATECH NEW TECHNOLOGIES
29-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
14-03
State Gazette act Appointment: Marc Vilet (director)
Reappointments: Fabrice Céolan, Jean-Benoît Le Boulengé and Pierre-Frédéric Nyst13 facts ▸
  • General meeting, 22-03-2021
  • Director appointment, Marc Vilet (director)
  • General meeting, 08-06-2021
  • Director reappointment, Fabrice Céolan (director)
  • Director reappointment, Jean-Benoît Le Boulengé (director)
  • Director reappointment, Pierre-Frédéric Nyst (director)
  • Board composition, François Bersez (chair)
  • Board composition, Jean-Benoît Le Boulengé (managing director)
  • Board composition, Fabrice Céolan (director)
  • Board composition, Rodolphe Gambini (director)
  • Board composition, Olivier Grimonprez (director)
  • Board composition, Pierre-Frédéric Nyst (director)
  • +1 further facts in this act
2021
31-12
Financial Highest result since 2018net €43k ▲762%
Operating result €75k, net result €43k, both a record.
10-12
State Gazette act Appointment: Marc Vilet (director)
Reappointments: Fabrice Céolan, Jean-Benoît Le Boulengé and Pierre-Frédéric Nyst13 facts ▸
  • General meeting, 22-03-2021
  • Director appointment, Marc Vilet (director)
  • General meeting, 08-06-2021
  • Director reappointment, Fabrice Céolan (director)
  • Director reappointment, Jean-Benoît Le Boulengé (director)
  • Director reappointment, Pierre-Frédéric Nyst (director)
  • Board composition, François Bersez (chair)
  • Board composition, Jean-Benoît Le Boulengé (managing director)
  • Board composition, Fabrice Céolan (director)
  • Board composition, Rodolphe Gambini (director)
  • Board composition, Olivier Grimonprez (director)
  • Board composition, Pierre-Frédéric Nyst (director)
  • +1 further facts in this act
Show earlier events
01-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
09-10
State Gazette act Appointments: François BERSEZ, Rodolphe GAMBINI and Olivier GRIMONPREZ
Resignation: Luc VINCENT (director)11 facts ▸
  • Board meeting, 13-03-2020
  • Director appointment, François BERSEZ (chair)
  • Director resignation, Luc VINCENT (director)
  • Director appointment, Rodolphe GAMBINI (director)
  • Director appointment, Olivier GRIMONPREZ (director)
  • Board composition, François BERSEZ (chair)
  • Board composition, Jean-Benoît LE BOULENGÉ (managing director)
  • Board composition, Fabrice CEOLA (director)
  • Board composition, Rodolphe GAMBINI (director)
  • Board composition, Olivier GRIMONPREZ (director)
  • Board composition, Pierre-Frédéric NYST (director)
17-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 48 days late
13-01
State Gazette act Appointment: François BERSEZ (director)
Resignation: Baudhuin GERARD (director) · Corporate act8 facts ▸
  • Corporate act, 11-10-2019
  • Director appointment, François BERSEZ (director)
  • Director resignation, Baudhuin GERARD
  • Board composition, Luc VINCENT (chair)
  • Board composition, Jean-Benoît LE BOULENGÉ (managing director)
  • Board composition, François BERSEZ (director)
  • Board composition, Fabrice CEOLA (director)
  • Board composition, Pierre-Frédéric NYST (director)
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
10-10
State Gazette act Resignations & appointments
Board composition · Statutes amendment6 facts ▸
  • Board composition, Luc VINCENT (chair)
  • Board composition, Jean-Benoît LE BOULENGÉ (managing director)
  • Board composition, Fabrice CEOLA (director)
  • Board composition, Baudhuin GÉRARD (director)
  • Board composition, Pierre-Frédéric NYST (director)
  • Statutes amendment
20-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
12-07
State Gazette act Appointment: SCRL FALLON, CHAINIAUX, CLUDTS, GARNY & C° (statutory auditor)
10 facts ▸
  • Board meeting, 14-06-2017
  • Board composition, Luc VINCENT (chair)
  • Board composition, Jean-Benoît LE BOULENGÉ (managing director)
  • Board composition, Fabrice CEOLA (director)
  • Board composition, Damien de DORLODOT (director)
  • Board composition, Baudhuin GÉRARD (director)
  • Board composition, Philippe GODFROID (director)
  • Board composition, Pierre-Frédéric NYST (director)
  • General meeting, 14-06-2017
  • Auditor appointment, SCRL FALLON, CHAINIAUX, CLUDTS, GARNY & C°
2014
16-07
State Gazette act Resignations & appointments
Board composition8 facts ▸
  • General meeting, 26/05/2014
  • Board composition, Luc VINCENT (chair)
  • Board composition, Jean-Benoît LE BOULENGÉ (managing director)
  • Board composition, Fabrice CEOLA (director)
  • Board composition, Damien de DORLODOT (director)
  • Board composition, Baudhuin GÉRARD (director)
  • Board composition, Philippe GODFROID (director)
  • Board composition, Francis HENRY de FRAHAN (director)
23-01
State Gazette act Resignation: Violaine Delahaut (director)
Registered-office move3 facts ▸
  • Board meeting, 23-12-2013
  • Registered-office move, rue Colonel Bourg, 123-125 à 1140 Evere
  • Director resignation, Violaine Delahaut (director)
2012
27-03
State Gazette act Capital & shares · Statutes amendment
Statutes amendment · Capital4 facts ▸
  • General meeting, 09-03-2012
  • Statutes amendment
  • Statutes amendment
  • Capital, €61.973,38
2011
19-01
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 08-12-2010
  • Registered-office move, rue du Moulin à papier, 55 à 1160 BRUXELLES
2010
01-09
State Gazette act Resignation: AFSI CONSULT SPRL (director)
Appointment: Jean-Benoit Le Boulengé (managing director)3 facts ▸
  • General meeting, 29-06-2010
  • Director resignation, AFSI CONSULT SPRL (director)
  • Director appointment, Jean-Benoit Le Boulengé (managing director)
2008
29-12
State Gazette act Resignations: Claude Glowacki (director and managing director) and Jean-Pierre Glowacki (director)
Appointments: Violaine DELAHAUT, Baudhuin GERARD and 6 others · Permanent representative: Alain FLAMION · Share transfer24 facts ▸
  • General meeting, 24-11-2008
  • Board meeting, 24-11-2008
  • Share transfer, ASBL Secrétariat Social UCM
  • Director resignation, Claude Glowacki (director and managing director)
  • Director resignation, Jean-Pierre Glowacki (director)
  • Director appointment, Violaine DELAHAUT (director)
  • Director appointment, Baudhuin GERARD (director)
  • Director appointment, Philippe GODFROID (director)
  • Director appointment, Francis HENRY de FRAHAN (director)
  • Director appointment, Jean-Benoît LE BOULENGÉ (director)
  • Director appointment, Luc VINCENT (director)
  • Director appointment, Christophe WAMBERSIE (director)
  • +12 further facts in this act
2006
27-03
State Gazette act Resignation: Salvatore Conte (director)
Reappointments: Claude Glowacki (director) and Jean-Pierre Glowacki (director) · Appointment: Claude Glowacki (managing director) · Mandate compensation12 facts ▸
  • General meeting, 09-02-2006
  • Director resignation, Salvatore Conte (director)
  • Director reappointment, Claude Glowacki (director)
  • Director reappointment, Jean-Pierre Glowacki (director)
  • Director reappointment, Claude Glowacki (director)
  • Director reappointment, Jean-Pierre Glowacki (director)
  • Mandate compensation, Claude Glowacki
  • Mandate compensation, Jean-Pierre Glowacki
  • Board composition, Claude Glowacki (director)
  • Board composition, Jean-Pierre Glowacki (director)
  • Board meeting, 09-02-2006
  • Director appointment, Claude Glowacki (managing director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 directors, no change since 2021
Fabrice Céolan
Director · since 08-06-2021
Current
NYST Pierre-Frédéric
Director · since 08-06-2021
Current
Marc Vilet
Director · since 22-03-2021
Current
Olivier GRIMONPREZ
Director · since 19-12-2019
Current
Rodolphe Gambini
Director · since 19-12-2019
Current
François Bersez
Chair · since 04-06-2019
Current
1 other director
LE BOULENGÉ Jean-Benoît
Director · since 29-06-2010
Current
08-06-2021 Fabrice Céolan: Mandate renewed as Director
08-06-2021 NYST Pierre-Frédéric: Mandate renewed as Director
08-06-2021 LE BOULENGÉ Jean-Benoît: Mandate renewed as Director
22-03-2021 Marc Vilet: Appointed as Director
13-03-2020 François Bersez: Appointed as Chair
Full history in the Timeline (20 changes) →
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 1989
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Chaussée de Marche(JB) 6375100 Namur
Ground area
1.1 ha
Building footprint
1,103 m²
Volume, LiDAR
13,155 m³
Parcel 92136A0143/00F006, Wallonia · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
FORMATECHNEW TECHNOLOGIES
Chaussée de Marche(WD) 637, 5100 NamurScientific research and development
since 19892.045.179.870
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92136A0143/00F006 Wallonia 1.1 ha 1 · 1,103 m² 15.6 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
SINIOCurrent
Auditor · represented by Guy Cremer
07-07-2026 → present
Show 1 earlier auditors
SCRL FALLON, CHAINIAUX, CLUDTS, GARNY & C°
Auditor · represented by Guy Chainiaux
succeeded by SINIO in 2026
14-06-2017 → 07-07-2026

Articles of association

Purpose
Les conseils en informatique et en organisation, la création et le développement de systèmes d'information, la fourniture de services, de support à l'exploitation d'information…
Full purpose

Les conseils en informatique et en organisation, la création et le développement de systèmes d'information, la fourniture de services, de support à l'exploitation d'information pour compte de tiers, notamment en matière de développement et de maintenance de logiciels d'application, d'aide à leur utilisation et à leur installation ainsi qu'à celle de réseaux. la prise de participation dans toutes sociétés, entreprises et associations, par voie d'apport, de cession, de souscription, de participation, de fusion, d'achat, de vente, d'échange de toutes valeurs mobilières ou par toute autre voie.

Structure & network

Connections & network

21 connected companies
LE BOULENGÉ Jean-Benoît, Shared director, links 12 companies LBLE BOULENGÉJean-BenoîtCaisse de Prévoyance des Indépendants et des Entreprises, via LE BOULENGÉ Jean-Benoît CDCaisse dePrévoyance…Caisse Wallonne d'Allocations Familliales Camille, via LE BOULENGÉ Jean-Benoît CWCaisseWallonne…Caisse wallonne d'assurances sociales des classes moyennes - Caisse d'assurances sociales de l'Union des classes moyennes, via LE BOULENGÉ Jean-Benoît CWCaissewallonne…Centre de gestion sociale, via LE BOULENGÉ Jean-Benoît CDCentre degestion socialeKidslife, via LE BOULENGÉ Jean-Benoît KKidslifeKIDSLIFE BRUSSELS, via LE BOULENGÉ Jean-Benoît KBKIDSLIFEBRUSSELSKidslife Wallonie, via LE BOULENGÉ Jean-Benoît KWKidslifeWallonieSecrétariat Social des Classes Moyennes, via LE BOULENGÉ Jean-Benoît SSSecrétariatSocial des…Service d'Assistance technique et de Gestion en faveur des Petites et Moyennes Entreprises, via LE BOULENGÉ Jean-Benoît SDServiced'Assistance…UCM GUICHET D'ENTREPRISES AGREE, via LE BOULENGÉ Jean-Benoît UGUCM GUICHETD'ENTREPRISES…Union des Classes Moyennes de la Province de Namur, via LE BOULENGÉ Jean-Benoît UDUnion desClasses…Union des Classes Moyennes National, via LE BOULENGÉ Jean-Benoît UDUnion desClasses…NYST Pierre-Frédéric, Shared director, links 9 companies NPNYSTPierre-FrédéricFORMATECH NEW TECHNOLOGIES FORMATECHNEW…0438.518.192
Shared directors
Linked via shared directors
Show 17 more companies with a shared director

Capital and shareholders

Shareholders according to the acts
Share transfer act of 29-12-2008 ↗

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

Capital over the years
  1. 20-12-2023 Capital stated in 2 acts · 61,973.38 EUR · 5,000 shares

Similar companies · same sector, comparable size

Of 2,713 companies in sector 73200 we hold annual accounts for 1,783. 1,118 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded23-09-1989
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers

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