ACTIVE

FRAKO

Financial year 2024 · closed on 31/12/2024
Net result
146,3 k €
+112.0% YoY
Revenue
9,9 M €
+5.2% YoY
Equity
2,1 M €
+7.5% YoY
Workforce
57,7 ETP
-3.7% YoY

What does FRAKO do?

FRAKO is a Public limited company incorporated in 1985. Its registered office is in Ravels. It employs on average 57,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.128.801
Incorporation
23/12/1985
Legal form
Public limited company
Registered office
Welvaartsstraat 8
2381 Ravels · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
57,7 ETP
Joint committees (3)
  • 126
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue9,9 M €9,4 M €10,5 M €6,1 M €5,7 M €
EBITDA685,5 k €531,8 k €868,3 k €898,2 k €398,5 k €412,2 k €879,2 k €505,6 k €251,8 k €283,4 k €285,4 k €282,2 k €388,8 k €359 k €444,6 k €305,2 k €278,1 k €217,3 k €214,1 k €
Operating result225 k €105,4 k €507,8 k €513,1 k €28,9 k €6,1 k €490,2 k €172,9 k €-60,2 k €82,1 k €61,3 k €58,8 k €81,2 k €66,4 k €76,4 k €61,3 k €15,7 k €-15 k €15,7 k €
Net result146,3 k €69 k €517,1 k €436,7 k €7,3 k €-6,2 k €445,8 k €122,6 k €-124,1 k €21 k €804,7 €-342,1 k €27,7 k €7,8 k €34,9 k €21,1 k €67,7 k €-238,5 €21,7 k €
Balance sheet
Equity2,1 M €1,9 M €1,9 M €1,5 M €1,2 M €1,2 M €1,2 M €723,1 k €600,5 k €724,5 k €703,6 k €702,8 k €1 M €1 M €1 M €974,4 k €953,3 k €885,6 k €885,8 k €
Total assets5 M €5,4 M €5,1 M €5,4 M €4,4 M €4 M €4,1 M €4,3 M €4,4 M €4,8 M €3,5 M €3,6 M €4,3 M €3,9 M €4,2 M €4,2 M €3,2 M €3,3 M €3,2 M €
Cash154,1 k €194,3 k €310 k €658,6 k €405,1 k €40,8 k €180,3 k €23,8 k €141,2 k €180,6 k €147,9 k €191,7 k €81,4 k €41,5 k €76,7 k €255 k €141,5 k €83,2 k €162,3 k €
Debts2,9 M €3,4 M €3,2 M €3,8 M €3,1 M €2,8 M €2,8 M €3,5 M €3,8 M €4 M €2,8 M €2,9 M €3,3 M €2,9 M €3,2 M €3,2 M €2,2 M €2,5 M €2,3 M €
Other
Workforce57,7 ETP59,9 ETP57,5 ETP51,8 ETP45,6 ETP46,0 ETP47,7 ETP49,0 ETP50,8 ETP52,6 ETP50,4 ETP49,9 ETP51,9 ETP50,5 ETP46,1 ETP43,3 ETP44,5 ETP42,7 ETP40,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 5 active · 16 ended

Active mandates

FITHOKO

Managing director · since 22 juin 2016 · until 22 juin 2022 · 0454.115.396

Represented by Ronny Verschueren

Active
JIDASKO

Managing director · since 22 juin 2016 · until 22 juin 2022 · 0880.884.714

Represented by Davy Schuurmans

Active
KAF

Director · since 22 juin 2016 · until 22 juin 2022 · 0477.430.139

Represented by Joris Van Dijck

Active
Davy Schuurmans

Mandate

Active
Ronny Verschueren

Mandate

Active

Ended mandates

Davy Schuurmans

Director · since 22 juin 2016 · until 22 juin 2022

Ended
FITHOKO

Managing director · since 22 juin 2016 · until 22 juin 2022 · 0454.115.396

Represented by Ronny Verschueren

Ended
JIDASKO

Managing director · since 22 juin 2016 · until 22 juin 2022 · 0880.884.714

Represented by Davy Schuurmans

Ended
KAF

Director · since 22 juin 2016 · until 22 juin 2022 · 0477.430.139

Represented by Van Dijck Joris

Ended
At this address

Other companies at this address

CompanyCBE no.
DE SCHUURActive
0454.930.493
FITHOKOActive
0454.115.396
JIDASKOActive
0880.884.714
0445.323.931
OFFICERActive
0840.493.023
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202531/07/202419/09/202329/07/202231/07/202131/07/2020
General meeting26/05/202526/06/202412/07/202322/06/202209/07/202101/07/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202426/05/202528/08/2025DutchPDF
Full model31/12/202326/06/202431/07/2024DutchPDF
Full modelCorrection31/12/202212/07/202319/09/2023DutchPDF
Full model31/12/202212/07/202318/08/2023DutchPDF
Abridged model31/12/202122/06/202229/07/2022DutchPDF
Abridged model31/12/202009/07/202131/07/2021DutchPDF
Abridged model31/12/201901/07/202031/07/2020DutchPDF
Abridged modelCorrection31/12/201826/06/201907/09/2019DutchPDF
Abridged model31/12/201826/06/201919/07/2019DutchPDF
Abridged model31/12/201727/06/201831/07/2018DutchPDF
Abridged model31/12/201631/07/201728/08/2017DutchPDF
Abridged model31/12/201530/06/201629/07/2016DutchPDF
Abridged model31/12/201430/06/201530/07/2015DutchPDF
Abridged model31/12/201325/06/201431/07/2014DutchPDF
Abridged model31/12/201226/06/201311/10/2013DutchPDF
Abridged model31/12/201127/06/201231/08/2012DutchPDF
Abridged model31/12/201022/06/201131/08/2011DutchPDF
Abridged model31/12/200923/06/201031/08/2010DutchPDF
Abridged model31/12/200824/06/200931/08/2009DutchPDF
Abridged model31/12/200725/06/200829/08/2008DutchPDF
Abridged model31/12/200627/06/200730/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 5 active · 16 ended

Active mandates

FITHOKO

Managing director · since 22 juin 2016 · until 22 juin 2022 · 0454.115.396

Represented by Ronny Verschueren

Active
JIDASKO

Managing director · since 22 juin 2016 · until 22 juin 2022 · 0880.884.714

Represented by Davy Schuurmans

Active
KAF

Director · since 22 juin 2016 · until 22 juin 2022 · 0477.430.139

Represented by Joris Van Dijck

Active
Davy Schuurmans

Mandate

Active
Ronny Verschueren

Mandate

Active

Ended mandates

Davy Schuurmans

Director · since 22 juin 2016 · until 22 juin 2022

Ended
FITHOKO

Managing director · since 22 juin 2016 · until 22 juin 2022 · 0454.115.396

Represented by Ronny Verschueren

Ended
JIDASKO

Managing director · since 22 juin 2016 · until 22 juin 2022 · 0880.884.714

Represented by Davy Schuurmans

Ended
KAF

Director · since 22 juin 2016 · until 22 juin 2022 · 0477.430.139

Represented by Van Dijck Joris

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/05/2006
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/03/2006
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates31/12/2004
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024146,3 k €
  2. 2023
    Annual accounts 202369 k €
  3. 2022
    Annual accounts 2022517,1 k €
  4. 2021
    Annual accounts 2021436,7 k €
  5. 2020
    Annual accounts 20207,3 k €
  6. 2019
    Annual accounts 2019-6,2 k €
  7. 2018
    Annual accounts 2018445,8 k €
  8. 2017
    Annual accounts 2017122,6 k €
  9. 2016
    Annual accounts 2016-124,1 k €
  10. 2015
    Annual accounts 201521 k €
  11. 2014
    Annual accounts 2014804,7 €
  12. 2013
    Annual accounts 2013-342,1 k €
  13. 2012
    Annual accounts 201227,7 k €
  14. 2011
    Annual accounts 20117,8 k €
  15. 2010
    Annual accounts 201034,9 k €
  16. 2009
    Annual accounts 200921,1 k €
  17. 2008
    Annual accounts 200867,7 k €
  18. 2007
    Annual accounts 2007-238,5 €
  19. 2006
    Annual accounts 200621,7 k €
  20. 23/12/1985
    IncorporationPublic limited company