ACTIVE

FRANK VEREECKE

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €+664,2 %over 1 year

Gross margin2,8 M €+47,5 %over 1 year

Equity7,3 M €+124,1 %over 1 year

Workforce14,0 ETP-2,1 %over 1 year

Identity

Source · BCE/KBO

FRANK VEREECKE is a Public limited company incorporated in 1990. Its registered office is in Menen. It employs on average 14,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0441.820.350
Incorporation: 07/11/1990
Legal form: Public limited company
Registered office: Krommebeekstraat 9
8930 Menen · FlandreSee on map
Contributed capital: 154 933,45 €
Latest accounts: 31/12/2025
Average workforce: 14,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,8 M €	+47.5%	1,9 M €	-8.1%	2,1 M €	+35.2%	1,5 M €	+22.0%	1,3 M €
EBITDA	1,9 M €	+101%	935,4 k €	-19.9%	1,2 M €	+60.0%	729,7 k €	+48.5%	491,5 k €
Operating result	1,8 M €	+338%	421,4 k €	-56.7%	974,2 k €	+92.6%	505,7 k €	+66.5%	303,6 k €
Net result	1,4 M €	+664%	184,3 k €	-72.7%	674,3 k €	+95.3%	345,2 k €	+92.3%	179,5 k €
Balance sheet
Equity	7,3 M €	+124%	3,2 M €	-18.1%	4 M €	+20.6%	3,3 M €	+11.8%	2,9 M €
Total assets	8,9 M €	+49.1%	6 M €	+20.4%	5 M €	+13.3%	4,4 M €	+15.0%	3,8 M €
Cash	204,2 k €	-58.4%	491,3 k €	+60.3%	306,4 k €	-2.9%	315,5 k €	-4.3%	329,8 k €
Debts	1,7 M €	-39.3%	2,7 M €	+171%	1 M €	-7.3%	1,1 M €	+24.9%	874,5 k €
Other
Workforce	14,0 ETP	-2.1%	14,3 ETP	+4.4%	13,7 ETP	-0.7%	13,8 ETP	-2.1%	14,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 14 ended

Active mandates

Gilles Vereecke

Director · since 01 janvier 2025 · until 28 mai 2028

Active

Vic Vereecke

Director · since 01 janvier 2025 · until 28 mai 2028

Active

Frank Vereecke

Managing director · since 01 août 2023 · until 24 mai 2028

Active

Millicent Demyttenaere

Director · since 01 août 2023 · until 24 mai 2028

Active

Ended mandates

Frank Vereecke

Managing director · since 25 avril 2018 · until 24 mai 2023

Ended

Frank Vereecke

Managing director · since 25 avril 2018 · until 30 juin 2023

Ended

Millicent Demyttenaere

Director · since 25 avril 2018 · until 24 mai 2023

Ended

Millicent Demyttenaere

Director · since 25 avril 2018 · until 30 juin 2023

Ended

Full financial information

Source · NBB

	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	22/07/2026	08/07/2025	11/06/2024	28/07/2023	26/07/2022	28/07/2021
General meeting	26/06/2026	10/06/2025	03/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	08/07/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	11/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/04/2018	23/05/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/05/2015	11/08/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	22/05/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	26/05/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/05/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	23/05/2007	20/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

4 active · 14 ended

Active mandates

Gilles Vereecke

Director · since 01 janvier 2025 · until 28 mai 2028

Active

Vic Vereecke

Director · since 01 janvier 2025 · until 28 mai 2028

Active

Frank Vereecke

Managing director · since 01 août 2023 · until 24 mai 2028

Active

Millicent Demyttenaere

Director · since 01 août 2023 · until 24 mai 2028

Active

Ended mandates

Frank Vereecke

Managing director · since 25 avril 2018 · until 24 mai 2023

Ended

Frank Vereecke

Managing director · since 25 avril 2018 · until 30 juin 2023

Ended

Millicent Demyttenaere

Director · since 25 avril 2018 · until 24 mai 2023

Ended

Millicent Demyttenaere

Director · since 25 avril 2018 · until 30 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - KAPITAAL - AANDELEN
PDF
Mandates07/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/08/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/09/2002
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2025
Annual accounts 20251,4 M €↑
2024
Annual accounts 2024184,3 k €↓
2023
Annual accounts 2023674,3 k €↑
2022
Annual accounts 2022345,2 k €↑
2021
Annual accounts 2021179,5 k €↓
2018
Annual accounts 2018192,6 k €↑
2006
Annual accounts 2006110,9 k €
07/11/1990
IncorporationPublic limited company

FRANK VEREECKE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline