ACTIVE

FRAKO

Financial year 2025 · Closed on 31/12/2025

Net result29,9 k €-79,5 %over 1 year
Revenue9,9 M €-0,4 %over 1 year
Equity2,1 M €+1,4 %over 1 year
Workforce59,3 ETP+2,8 %over 1 year

Identity

Source · BCE/KBO

FRAKO is a Public limited company incorporated in 1985. Its main activity is: Manufacture of furniture. Its registered office is in Ravels. It employs on average 59,3 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
31/12/2025
Average workforce
59,3 ETP
Joint committees (3)
  • 126
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue9,9 M €9,9 M €9,4 M €10,5 M €–
EBITDA553,7 k €685,5 k €531,8 k €868,3 k €898,2 k €
Operating result76,8 k €225 k €105,4 k €507,8 k €513,1 k €
Net result29,9 k €146,3 k €69 k €517,1 k €436,7 k €
Balance sheet
Equity2,1 M €2,1 M €1,9 M €1,9 M €1,5 M €
Total assets5,2 M €5 M €5,4 M €5,1 M €5,4 M €
Cash127,1 k €154,1 k €194,3 k €310 k €658,6 k €
Debts3,1 M €2,9 M €3,4 M €3,2 M €3,8 M €
Other
Workforce59,3 ETP57,7 ETP59,9 ETP57,5 ETP51,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FITHOKO0454.115.396Represented by Ronny Verschueren
Director18/08/2025 → 25/06/2031Managing director09/05/2006 → 22/06/2022ended
JIDASKO0880.884.714Represented by Davy Schuurmans
Managing director09/05/2006 → 25/06/2031
KAF0477.430.139Represented by Joris Van Dijck
Director12/10/2010 → 25/06/2031
KV1024.571.210Represented by Koen Verschueren
Managing director18/08/2025 → 25/06/2031
Verschueren Real Estate0682.549.111Represented by Verschueren Thomas
Managing director18/08/2025 → 25/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Davy Schuurmans
Director12/10/2010 → 2021 accounts
Ronny Verschueren
Director12/10/2010 → 2021 accounts

Other companies at this address

Welvaartsstraat 8 2381 Ravels
CompanyCBE no.
DE SCHUUR● Active
0454.930.493
FITHOKO● Active
0454.115.396
JIDASKO● Active
0880.884.714
0445.323.931
OFFICER● Active
0840.493.023

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202628/08/202531/07/202419/09/202329/07/202231/07/2021
General meeting29/06/202626/05/202526/06/202412/07/202322/06/202209/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202631/08/2026DutchPDF
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

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FITHOKO0454.115.396Represented by Ronny Verschueren
Director18/08/2025 → 25/06/2031Managing director09/05/2006 → 22/06/2022ended
JIDASKO0880.884.714Represented by Davy Schuurmans
Managing director09/05/2006 → 25/06/2031
KAF0477.430.139Represented by Joris Van Dijck
Director12/10/2010 → 25/06/2031
KV1024.571.210Represented by Koen Verschueren
Managing director18/08/2025 → 25/06/2031
Verschueren Real Estate0682.549.111Represented by Verschueren Thomas
Managing director18/08/2025 → 25/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Davy Schuurmans
Director12/10/2010 → 2021 accounts
Ronny Verschueren
Director12/10/2010 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
FITHOKO
KAF
Verschueren Real Estate
JIDASKO
KV
Davy Schuurmans
Ronny Verschueren
Joris Van Dijck
19851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
FRAKO
Welvaartsstraat 8, 2381 Weelde
DirectorManaging director
Director
Managing director
Managing director
Managing director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Welvaartsstraat 8, 2381 WeeldeCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00494412

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FRAKOCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00494412

Events

  1. 2025
    Annual accounts 202529,9 k €↓
  2. 2024
    Annual accounts 2024146,3 k €↑
  3. 2023
    Annual accounts 202369 k €↓
  4. 2022
    Annual accounts 2022517,1 k €↑
  5. 2021
    Annual accounts 2021436,7 k €↑
  6. 2020
    Annual accounts 20207,3 k €↑
  7. 2019
    Annual accounts 2019-6,2 k €↓
  8. 2018
    Annual accounts 2018445,8 k €↑
  9. 2017
    Annual accounts 2017122,6 k €↑
  10. 2016
    Annual accounts 2016-124,1 k €↓
  11. 2015
    Annual accounts 201521 k €↑
  12. 2014
    Annual accounts 2014804,7 €↑
  13. 2013
    Annual accounts 2013-342,1 k €↓
  14. 2012
    Annual accounts 201227,7 k €↑
  15. 2011
    Annual accounts 20117,8 k €↓
  16. 2010
    Annual accounts 201034,9 k €↑
  17. 2009
    Annual accounts 200921,1 k €↓
  18. 2008
    Annual accounts 200867,7 k €↑
  19. 2007
    Annual accounts 2007-238,5 €↓
  20. 2006
    Annual accounts 200621,7 k €
  21. 23/12/1985
    IncorporationPublic limited company