ACTIVE

FRAEYE

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Financial year 2025 · closed on 31/12/2025

Net result

43,3 k €

-54.4% YoY

Gross margin

3,1 M €

-3.5% YoY

Equity

898,6 k €

+5.1% YoY

Workforce

43,3 ETP

+6.1% YoY

What does FRAEYE do?

FRAEYE is a Public limited company incorporated in 1987. Its main activity is: Manufacture of furniture. Its registered office is in Ardooie. It employs on average 43,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.237.056

Incorporation

25/05/1987

Legal form

Public limited company

Registered office

Brugsebaan 4D
8850 Ardooie · FlandreSee on map

Contributed capital

125 000,00 €

Latest accounts

31/12/2025

Average workforce

43,3 ETP

Activities (NACE)

31004Manufacture of furniture· main 31091Manufacture of other furniture 36111Water collection, treatment and supply 36141Water collection, treatment and supply

Joint committees (5)

126
1260
12602
200
218

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,1 M €	-3.5%	3,2 M €	+7.2%	3 M €	+4.2%	2,9 M €	+2.3%	2,8 M €	+47.9%	1,9 M €	+23.1%	1,5 M €	+2.1%	1,5 M €	+10.4%	1,4 M €	+9.3%	1,2 M €	+13.4%	1,1 M €	-13.3%	1,3 M €	-22.5%	1,6 M €	+63.1%	1 M €	-19.1%	1,2 M €	+31.0%	945,3 k €	-30.6%	1,4 M €	+12.5%	1,2 M €
EBITDA	189 k €	-54.6%	416 k €	+26.3%	329,4 k €	-27.7%	455,7 k €	-30.4%	654,9 k €	+330%	152,2 k €	-3.8%	158,2 k €	+10.1%	143,8 k €	+12.0%	128,3 k €	-37.3%	204,8 k €	+12.3%	182,4 k €	-31.4%	265,9 k €	-58.3%	638,2 k €	+790%	71,7 k €	-72.9%	264,3 k €	+299%	66,2 k €	-85.6%	460 k €	+31.9%	348,7 k €
Operating result	125,5 k €	-41.9%	215,9 k €	-1.6%	219,3 k €	-37.7%	352 k €	-3.5%	364,9 k €	+855%	38,2 k €	+25.1%	30,5 k €	-39.3%	50,3 k €	+119%	23 k €	-43.6%	40,8 k €	-18.4%	50 k €	-49.4%	98,9 k €	-78.8%	467,1 k €	+463%	-128,8 k €	-340%	53,8 k €	+121%	-252,1 k €	-334%	107,8 k €	+74.1%	61,9 k €
Net result	43,3 k €	-54.4%	94,9 k €	-50.8%	192,7 k €	-41.3%	328,6 k €	-7.8%	356,3 k €	+1257%	26,3 k €	+797%	2,9 k €	-89.0%	26,5 k €	+213%	8,5 k €	-41.4%	14,4 k €	-37.7%	23,2 k €	-62.4%	61,6 k €	-87.0%	473,6 k €	+475%	-126,2 k €	-355%	49,5 k €	+119%	-254,9 k €	-383%	90,1 k €	+39.8%	64,4 k €
Balance sheet
Equity	898,6 k €	+5.1%	855,3 k €	+12.5%	760,4 k €	+6.0%	717,7 k €	+5.7%	679,1 k €	+16.6%	582,3 k €	+4.7%	556 k €	+0.5%	553,1 k €	+5.0%	526,6 k €	+1.6%	518,1 k €	-48.8%	1 M €	+2.3%	990,4 k €	+6.6%	929,3 k €	-12.0%	1,1 M €	-10.7%	1,2 M €	+4.3%	1,1 M €	-18.4%	1,4 M €	+6.9%	1,3 M €
Total assets	7 M €	+18.4%	5,9 M €	-16.0%	7 M €	+74.6%	4 M €	+29.5%	3,1 M €	+25.8%	2,5 M €	+21.7%	2 M €	-4.6%	2,1 M €	+15.3%	1,8 M €	-6.7%	2 M €	-11.4%	2,2 M €	-7.6%	2,4 M €	-1.5%	2,5 M €	-2.7%	2,5 M €	+10.4%	2,3 M €	-8.2%	2,5 M €	-9.2%	2,7 M €	+28.4%	2,1 M €
Cash	488,1 k €	-64.3%	1,4 M €	+59.7%	857,4 k €	+112%	403,6 k €	-15.4%	477,2 k €	+558%	72,6 k €	-78.6%	338,9 k €	+1.4%	334,4 k €	+126%	148,2 k €	-45.2%	270,4 k €	+89.9%	142,4 k €	+80.4%	78,9 k €	-66.7%	237,3 k €	+174%	86,5 k €	-27.9%	119,9 k €	-32.9%	178,7 k €	-22.4%	230,2 k €	+251%	65,6 k €
Debts	6 M €	+20.9%	5 M €	-19.6%	6,2 M €	+90.3%	3,3 M €	+36.4%	2,4 M €	+28.2%	1,9 M €	+31.8%	1,4 M €	-7.6%	1,5 M €	+16.1%	1,3 M €	-9.3%	1,5 M €	+21.4%	1,2 M €	-13.7%	1,4 M €	-7.1%	1,5 M €	+4.9%	1,4 M €	+36.5%	1 M €	-20.0%	1,3 M €	+0.8%	1,3 M €	+62.1%	799,8 k €
Other
Workforce	43,3 ETP	+6.1%	40,8 ETP	+1.2%	40,3 ETP	-2.9%	41,5 ETP	+3.2%	40,2 ETP	+22.2%	32,9 ETP	+16.7%	28,2 ETP	+3.7%	27,2 ETP	+5.4%	25,8 ETP	+11.7%	23,1 ETP	+14.4%	20,2 ETP	-3.3%	20,9 ETP	-5.4%	22,1 ETP	+6.3%	20,8 ETP	+3.5%	20,1 ETP	-2.4%	20,6 ETP	-3.3%	21,3 ETP	-1.8%	21,7 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 31/12/2025 · 2 active · 41 ended

Active mandates

FRAEST

Director · since 12 juin 2024 · until 01 mai 2030 · 0842.724.023

Represented by Fraeye Pieter

Active

MAJERE

Director · since 12 juin 2024 · until 01 mai 2030 · 0842.724.122

Represented by Fraeye Bert

Active

Ended mandates

FRAEST

Director · since 12 juin 2024 · until 01 mai 2030 · 0842.724.023

Represented by Pieter Fraeye

Ended

FRAEST

Managing director · since 02 mai 2019 · 0842.724.023

Represented by Fraeye PIETER

Ended

FRAEST

Director · since 02 mai 2019 · 0842.724.023

Represented by Pieter Fraeye

Ended

FRAEST

Managing director · since 02 mai 2019 · 0842.724.023

Represented by Pieter Fraeye

Ended

At this address

Other companies at this address

Company	CBE no.
EENHEID FRAVERT● Active	0841.361.766

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/09/2026	18/07/2025	31/07/2024	31/08/2023	31/08/2022	30/08/2021
General meeting	06/05/2026	04/06/2025	02/05/2024	03/05/2023	04/05/2022	05/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/05/2026	15/09/2026	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	02/05/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	03/05/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	04/05/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	05/05/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	05/09/2020	05/10/2020	Dutch	PDF
Abridged model	31/12/2018	02/05/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	02/05/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	03/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	04/05/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	06/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	07/05/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	02/05/2013	30/05/2013	Dutch	PDF
Abridged model	31/12/2011	02/05/2012	12/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/05/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	05/05/2010	26/05/2010	Dutch	PDF
Abridged model	31/12/2008	06/05/2009	28/05/2009	Dutch	PDF
Abridged model	31/12/2007	07/05/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	02/05/2007	24/07/2007	Dutch	PDF

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 31/12/2025 · 2 active · 41 ended

Active mandates

FRAEST

Director · since 12 juin 2024 · until 01 mai 2030 · 0842.724.023

Represented by Fraeye Pieter

Active

MAJERE

Director · since 12 juin 2024 · until 01 mai 2030 · 0842.724.122

Represented by Fraeye Bert

Active

Ended mandates

FRAEST

Director · since 12 juin 2024 · until 01 mai 2030 · 0842.724.023

Represented by Pieter Fraeye

Ended

FRAEST

Managing director · since 02 mai 2019 · 0842.724.023

Represented by Fraeye PIETER

Ended

FRAEST

Director · since 02 mai 2019 · 0842.724.023

Represented by Pieter Fraeye

Ended

FRAEST

Managing director · since 02 mai 2019 · 0842.724.023

Represented by Pieter Fraeye

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/06/2024
BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring06/11/2014
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring02/07/2014
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates13/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/07/2011
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

2025
Annual accounts 202543,3 k €↓
2024
Annual accounts 202494,9 k €↓
2023
Annual accounts 2023192,7 k €↓
2023
Name changeFraeye
2022
Annual accounts 2022328,6 k €↓
2021
Annual accounts 2021356,3 k €↑
2019
Annual accounts 201926,3 k €↑
2018
Annual accounts 20182,9 k €↓
2017
Annual accounts 201726,5 k €↑
2016
Annual accounts 20168,5 k €↓
2015
Annual accounts 201514,4 k €↓
2013
Annual accounts 201323,2 k €↓
2012
Annual accounts 201261,6 k €↓
2011
Annual accounts 2011473,6 k €↑
2010
Annual accounts 2010-126,2 k €↓
2009
Annual accounts 200949,5 k €↑
2008
Annual accounts 2008-254,9 k €↓
2007
Annual accounts 200790,1 k €↑
2006
Annual accounts 200664,4 k €
2006
Name changeEmmanuel Fraeye
25/05/1987
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FRAEYE

Overview

What does FRAEYE do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline