ACTIVE

FROVAS

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

-89,9 k €

-299.7% YoY

Gross margin

2,8 k €

-98.1% YoY

Equity

786,4 k €

-10.3% YoY

What does FROVAS do?

FROVAS is a Private limited company incorporated in 1995. Its registered office is in Ranst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.709.463

Incorporation

20/07/1995

Legal form

Private limited company

Registered office

Selsaetenstraat 6
2520 Ranst · FlandreSee on map

Contributed capital

13 510,19 €

Latest accounts

31/12/2024

Joint committees (1)

Signals

Solid equity

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,8 k €	-98.1%	153,3 k €	+33.5%	114,9 k €	+55.1%	74,1 k €	-52.3%	155,4 k €	+9.8%	141,6 k €	-31.8%	207,6 k €	+82.2%	113,9 k €	-4.3%	119 k €	-68.5%	377,8 k €	-3.1%	389,7 k €	-17.8%	473,8 k €	+32.0%	359 k €	+51.3%	237,3 k €	+6.2%	223,5 k €	+0.6%	222,1 k €	-21.8%	283,8 k €	+8.0%	262,7 k €	+4.4%	251,6 k €
EBITDA	-11,3 k €	-108%	145,7 k €	+40.2%	103,9 k €	+46.1%	71,1 k €	-52.3%	149,3 k €	+8.6%	137,4 k €	-32.3%	203,1 k €	+89.2%	107,4 k €	+14.2%	94 k €	-65.4%	271,7 k €	-9.4%	299,8 k €	-15.6%	355,2 k €	+47.3%	241,2 k €	+47.9%	163,1 k €	+2.5%	159,1 k €	+2.7%	154,9 k €	-22.9%	201 k €	-2.2%	205,4 k €	+5.1%	195,4 k €
Operating result	-76,4 k €	-205%	73 k €	+23.2%	59,3 k €	+77.3%	33,4 k €	-68.4%	105,8 k €	+18.7%	89,1 k €	-40.6%	150,1 k €	+265%	41,2 k €	+78.9%	23 k €	-88.8%	206,3 k €	-8.0%	224,3 k €	-17.6%	272,3 k €	+63.5%	166,6 k €	+177%	60,1 k €	-20.7%	75,9 k €	-30.3%	108,9 k €	-28.0%	151,2 k €	-2.0%	154,2 k €	+1.9%	151,4 k €
Net result	-89,9 k €	-300%	45 k €	+36.0%	33,1 k €	+120%	15,1 k €	-77.3%	66,3 k €	+25.5%	52,8 k €	-46.6%	99 k €	+241%	29 k €	+198%	-29,5 k €	-123%	127,9 k €	-13.3%	147,6 k €	-28.0%	204,8 k €	+104%	100,4 k €	+183%	35,5 k €	-44.8%	64,3 k €	-22.4%	82,9 k €	-13.0%	95,3 k €	-11.4%	107,5 k €	+3.9%	103,5 k €
Balance sheet
Equity	786,4 k €	-10.3%	876,2 k €	+5.4%	831,2 k €	+4.1%	798,1 k €	+1.9%	783,1 k €	+9.2%	716,8 k €	+8.0%	664 k €	+17.5%	565 k €	-51.3%	1,2 M €	-2.5%	1,2 M €	+12.1%	1,1 M €	+16.2%	913,5 k €	+12.9%	809 k €	+14.2%	708,5 k €	-8.3%	773,1 k €	+9.1%	708,8 k €	+13.2%	625,9 k €	+18.0%	530,6 k €	+28.4%	413,3 k €
Total assets	1,1 M €	-7.1%	1,2 M €	+3.4%	1,1 M €	+5.9%	1,1 M €	-2.5%	1,1 M €	+9.3%	1 M €	-0.8%	1 M €	-27.6%	1,4 M €	+2.5%	1,4 M €	-8.3%	1,5 M €	-8.5%	1,6 M €	+6.3%	1,5 M €	+9.3%	1,4 M €	+0.4%	1,4 M €	-5.9%	1,5 M €	+72.5%	868,9 k €	+10.3%	787,7 k €	+4.6%	753,2 k €	+20.7%	623,9 k €
Cash	249,6 k €	-1.4%	253,1 k €	+66.1%	152,4 k €	-0.5%	153,1 k €	-36.7%	241,9 k €	+21.0%	200 k €	+59.1%	125,7 k €	-22.3%	161,7 k €	+94.5%	83,1 k €	-55.0%	184,9 k €	-49.7%	367,7 k €	+3.1%	356,7 k €	+39.8%	255,2 k €	+60.4%	159,1 k €	-62.5%	424,4 k €	+46.3%	290,1 k €	+298%	72,9 k €	+93.6%	37,7 k €	-83.6%	229,1 k €
Debts	316,9 k €	+1.8%	311,4 k €	-1.9%	317,6 k €	+10.8%	286,7 k €	-13.0%	329,3 k €	+9.4%	301,2 k €	-16.3%	359,8 k €	-57.5%	846,5 k €	+281%	222,3 k €	-29.9%	317,2 k €	-45.7%	584,2 k €	-7.5%	631,5 k €	+4.0%	607,1 k €	-13.6%	702,4 k €	-3.1%	725,1 k €	+354%	159,8 k €	-0.4%	160,4 k €	-27.8%	222 k €	+5.5%	210,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		0,3 ETP	-85.7%	2,1 ETP	-12.5%	2,4 ETP	+4.3%	2,3 ETP	+15.0%	2,0 ETP	+17.6%	1,7 ETP	+30.8%	1,3 ETP	+8.3%	1,2 ETP	-33.3%	1,8 ETP	+5.9%	1,7 ETP	+21.4%	1,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 6 ended

Active mandates

Christine Kesselaers

Director · since 28 juillet 1995

Active

Wouter Van Schelstraete

Director · since 28 juillet 1995

Active

Ended mandates

Christine Bertha C Kesselaers

Director

Ended

Christine Bertha C Kesselaers

Manager

Ended

Christine Kesselaers

Director

Ended

Christine Kesselaers

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2025	26/06/2024	21/08/2023	25/08/2022	23/10/2021	11/09/2020
General meeting	02/06/2025	03/06/2024	05/06/2023	07/06/2022	31/08/2021	10/09/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	02/06/2025	31/07/2025	Dutch	PDF
Micro model	31/12/2023	03/06/2024	26/06/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	21/08/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	25/08/2022	Dutch	PDF
Micro model	31/12/2020	31/08/2021	23/10/2021	Dutch	PDF
Abridged model	31/12/2019	10/09/2020	11/09/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	19/08/2015	Dutch	PDF
Abridged modelCorrection	31/12/2013	02/06/2014	29/09/2014	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/07/2012	03/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	29/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	10/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	22/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 6 ended

Active mandates

Christine Kesselaers

Director · since 28 juillet 1995

Active

Wouter Van Schelstraete

Director · since 28 juillet 1995

Active

Ended mandates

Christine Bertha C Kesselaers

Director

Ended

Christine Bertha C Kesselaers

Manager

Ended

Christine Kesselaers

Director

Ended

Christine Kesselaers

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/08/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/03/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares03/01/2018
KAPITAAL - AANDELEN
PDF
Mandates04/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other29/02/2016
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares10/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares13/09/2002
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2024
Annual accounts 2024-89,9 k €↓
2023
Annual accounts 202345 k €↑
2022
Annual accounts 202233,1 k €↑
2021
Annual accounts 202115,1 k €↓
2020
Annual accounts 202066,3 k €↑
2019
Annual accounts 201952,8 k €↓
2018
Annual accounts 201899 k €↑
2017
Annual accounts 201729 k €↑
2016
Annual accounts 2016-29,5 k €↓
2015
Annual accounts 2015127,9 k €↓
2014
Annual accounts 2014147,6 k €↓
2013
Annual accounts 2013204,8 k €↑
2012
Annual accounts 2012100,4 k €↑
2011
Annual accounts 201135,5 k €↓
2010
Annual accounts 201064,3 k €↓
2009
Annual accounts 200982,9 k €↓
2008
Annual accounts 200895,3 k €↓
2007
Annual accounts 2007107,5 k €↑
2006
Annual accounts 2006103,5 k €
20/07/1995
IncorporationPrivate 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

FROVAS

Overview

What does FROVAS do?

Trend over 19 financial years

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