ACTIVE

FRECA

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Financial year 2025 · closed on 31/12/2025

Net result

17,0 k €

+587.7% YoY

Gross margin

87,2 k €

+14.3% YoY

Equity

154,1 k €

+12.4% YoY

What does FRECA do?

FRECA is a Public limited company incorporated in 1990. Its registered office is in Duffel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.373.754

Incorporation

04/07/1990

Legal form

Public limited company

Registered office

Oude Liersebaan 204
2570 Duffel · FlandreSee on map

Contributed capital

123 946,76 €

Latest accounts

31/12/2025

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	87,2 k €	+14.3%	76,3 k €	-6.7%	81,7 k €	+26.3%	64,7 k €	+25.4%	51,6 k €	+18.7%	43,5 k €	-5.5%	46,0 k €	-8.0%	50,0 k €	+12.9%	44,3 k €	-4.5%	46,4 k €	-5.7%	49,2 k €	-2.4%	50,4 k €	+6.1%	47,5 k €	+2.4%	46,4 k €	-2.5%	47,6 k €	+3.5%	46,0 k €	+1.1%	45,5 k €	+19.4%	38,1 k €	+24.7%	30,6 k €	+1.7%	30,0 k €
EBITDA	78,7 k €	+15.7%	68,0 k €	-7.7%	73,7 k €	+136%	31,2 k €	-30.7%	45,1 k €	+20.2%	37,5 k €	+5.3%	35,6 k €	-20.4%	44,8 k €	+14.3%	39,2 k €	-5.2%	41,3 k €	-6.4%	44,1 k €	-2.7%	45,4 k €	+4.7%	43,3 k €	+2.3%	42,4 k €	-1.4%	43,0 k €	+1.9%	42,2 k €	-0.6%	42,4 k €	+21.5%	34,9 k €	+28.5%	27,2 k €	-0.7%	27,4 k €
Operating result	45,9 k €	+52.1%	30,2 k €	-11.5%	34,1 k €	+739%	-5,3 k €	-135%	15,3 k €	-8.5%	16,7 k €	+9.4%	15,2 k €	-39.8%	25,3 k €	+38.3%	18,3 k €	-10.6%	20,5 k €	-12.1%	23,3 k €	-5.8%	24,7 k €	+6.3%	23,2 k €	+4.3%	22,3 k €	-6.2%	23,8 k €	+83.4%	13,0 k €	-5.3%	13,7 k €	+110%	6,5 k €	-64.2%	18,2 k €	-1.1%	18,4 k €
Net result	17,0 k €	+588%	2,5 k €	-80.6%	12,7 k €	+168%	-18,7 k €	-383%	6,6 k €	-36.2%	10,4 k €	+320%	2,5 k €	-73.1%	9,2 k €	+1010%	-1,0 k €	-1215%	90,3 €	-95.4%	2,0 k €	-19.8%	2,5 k €	+1909%	122,1 €	+105%	-2,7 k €	-127%	9,9 k €	+181%	-12,2 k €	+8.4%	-13,3 k €	-180%	-4,8 k €	-145%	10,5 k €	+5.4%	9,9 k €
Balance sheet
Equity	154,1 k €	+12.4%	137,1 k €	+1.8%	134,7 k €	+10.5%	121,9 k €	-13.3%	140,7 k €	+4.9%	134,0 k €	+8.4%	123,7 k €	+2.0%	121,2 k €	+8.2%	112,1 k €	-0.9%	113,1 k €	+0.1%	113,0 k €	+1.8%	111,0 k €	+2.3%	108,5 k €	+0.1%	108,4 k €	-2.4%	111,1 k €	+9.8%	101,2 k €	-10.8%	113,4 k €	-10.5%	126,7 k €	-3.6%	131,4 k €	+8.6%	121,0 k €
Total assets	705,7 k €	-0.7%	710,7 k €	-1.7%	722,7 k €	-1.8%	736,2 k €	+34.1%	549,1 k €	+51.4%	362,7 k €	+10.8%	327,4 k €	-5.8%	347,4 k €	-3.5%	360,2 k €	-6.6%	385,8 k €	-4.8%	405,2 k €	-3.0%	417,7 k €	-3.8%	434,1 k €	-2.7%	446,1 k €	-3.9%	464,0 k €	-1.7%	471,9 k €	-5.8%	501,2 k €	-5.5%	530,1 k €	+126%	234,8 k €	-0.4%	235,8 k €
Cash	96,5 k €	+40.3%	68,8 k €	+52.4%	45,1 k €	+130%	19,7 k €	-38.5%	32,0 k €	+504%	5,3 k €	-70.8%	18,1 k €	-26.6%	24,7 k €	+32.2%	18,7 k €	-20.3%	23,5 k €	+16.9%	20,1 k €	+27.5%	15,7 k €	-8.4%	17,2 k €	+89.5%	9,1 k €	-41.1%	15,4 k €	+105%	7,5 k €	-39.2%	12,3 k €	-22.7%	15,9 k €	+77.6%	9,0 k €	-30.7%	12,9 k €
Debts	548,6 k €	-4.0%	571,7 k €	-2.3%	585,5 k €	-4.3%	611,6 k €	+50.4%	406,7 k €	+78.7%	227,6 k €	+12.3%	202,7 k €	-10.0%	225,2 k €	-9.1%	247,7 k €	-8.9%	271,8 k €	-6.9%	291,8 k €	-4.6%	306,0 k €	-5.7%	324,6 k €	-3.6%	336,8 k €	-4.4%	352,4 k €	-4.9%	370,8 k €	-4.2%	386,8 k €	-3.8%	402,0 k €	+294%	102,0 k €	-10.8%	114,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 27 ended

Active mandates

Caroline Vandoninck

Director · until 09 juin 2029

Active

Frederik Vandoninck

Director · until 09 juin 2029

Active

Kathleen Somers

Director · until 09 juin 2029

Active

Ronny Vandoninck

Managing director · until 09 juin 2029

Active

Ended mandates

CAROLINE VANDONINCK

Director · since 14 juin 2014 · until 13 juin 2020

Ended

CAROLINE VANDONINCK

Director · since 14 juin 2014 · until 10 juin 2023

Ended

KATHLEEN SOMERS

Director · since 14 juin 2014 · until 13 juin 2020

Ended

KATHLEEN SOMERS

Director · since 14 juin 2014 · until 10 juin 2023

Ended

At this address

Other companies at this address

Company	CBE no.
BOVANRO● Active	0417.519.375

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	26/06/2026	16/06/2025	26/06/2024	27/06/2023	11/07/2022	23/08/2021
General meeting	13/06/2026	14/06/2025	08/06/2024	10/06/2023	11/06/2022	12/06/2021
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
Micro model	31/12/2025	13/06/2026	26/06/2026	Dutch	PDF
Micro model	31/12/2024	14/06/2025	16/06/2025	Dutch	PDF
Micro model	31/12/2023	08/06/2024	26/06/2024	Dutch	PDF
Micro model	31/12/2022	10/06/2023	27/06/2023	Dutch	PDF
Micro model	31/12/2021	11/06/2022	11/07/2022	Dutch	PDF
Micro model	31/12/2020	12/06/2021	23/08/2021	Dutch	PDF
Micro model	31/12/2019	13/06/2020	09/07/2020	Dutch	PDF
Micro model	31/12/2018	08/06/2019	30/07/2019	Dutch	PDF
Micro model	31/12/2017	09/06/2018	27/06/2018	Dutch	PDF
Micro model	31/12/2016	10/06/2017	14/07/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	19/06/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	27/07/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	25/07/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	15/08/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	03/07/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 4 active · 27 ended

Active mandates

Caroline Vandoninck

Director · until 09 juin 2029

Active

Frederik Vandoninck

Director · until 09 juin 2029

Active

Kathleen Somers

Director · until 09 juin 2029

Active

Ronny Vandoninck

Managing director · until 09 juin 2029

Active

Ended mandates

CAROLINE VANDONINCK

Director · since 14 juin 2014 · until 13 juin 2020

Ended

CAROLINE VANDONINCK

Director · since 14 juin 2014 · until 10 juin 2023

Ended

KATHLEEN SOMERS

Director · since 14 juin 2014 · until 13 juin 2020

Ended

KATHLEEN SOMERS

Director · since 14 juin 2014 · until 10 juin 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/02/2012
KAPITAAL - AANDELEN
PDF
Mandates26/08/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2004
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

2025
Annual accounts 202517,0 k €↑
2024
Annual accounts 20242,5 k €↓
2023
Annual accounts 202312,7 k €↑
2022
Annual accounts 2022-18,7 k €↓
2021
Annual accounts 20216,6 k €↓
2020
Annual accounts 202010,4 k €↑
2019
Annual accounts 20192,5 k €↓
2018
Annual accounts 20189,2 k €↑
2017
Annual accounts 2017-1,0 k €↓
2016
Annual accounts 201690,3 €↓
2015
Annual accounts 20152,0 k €↓
2014
Annual accounts 20142,5 k €↑
2013
Annual accounts 2013122,1 €↑
2012
Annual accounts 2012-2,7 k €↓
2011
Annual accounts 20119,9 k €↑
2010
Annual accounts 2010-12,2 k €↑
2009
Annual accounts 2009-13,3 k €↓
2008
Annual accounts 2008-4,8 k €↓
2007
Annual accounts 200710,5 k €↑
2006
Annual accounts 20069,9 k €
04/07/1990
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

FRECA

Overview

What does FRECA do?

Trend over 20 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