ACTIVE

FAIRAMA

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Financial year 2025 · closed on 31/12/2025

Net result

-86,5 k €

+33.7% YoY

Revenue

2,5 M €

Equity

202,8 k €

-29.9% YoY

Workforce

13,1 ETP

-10.9% YoY

What does FAIRAMA do?

FAIRAMA is a Public limited company incorporated in 1995. Its registered office is in Tournai. It employs on average 13,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.957.793

Incorporation

21/12/1995

Legal form

Public limited company

Registered office

Chaussée de Bruxelles(TOU) 376
7500 Tournai · WallonieSee on map

Contributed capital

371 840,29 €

Latest accounts

31/12/2025

Average workforce

13,1 ETP

Joint committees (3)

Signals

Healthy social debtsHigh revenue

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		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2007		2006
Income statement
Revenue	2,5 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-74,5 k €	-7.8%	-69,1 k €	+43.7%	-122,7 k €	-1993%	-5,9 k €	-102%	264,8 k €	-35.6%	411,1 k €	+621%	-78,9 k €	+40.2%	-131,9 k €	-17.4%	-112,3 k €	-12840%	881,6 €	-99.6%	228,9 k €	+7.9%	212,2 k €	-37.6%	340,1 k €	-12.0%	386,3 k €	+26.1%	306,3 k €	+0.3%	305,3 k €	+11.6%	273,6 k €	-1.3%	277,3 k €
Operating result	-83,4 k €	+29.5%	-118,2 k €	+20.2%	-148,2 k €	-274%	-39,6 k €	-119%	210,8 k €	-47.0%	397,7 k €	+502%	-98,9 k €	+42.1%	-170,8 k €	-35.8%	-125,7 k €	-270%	-34 k €	-116%	209,9 k €	+9.7%	191,2 k €	-39.8%	317,8 k €	-8.0%	345,4 k €	+38.6%	249,2 k €	+5.8%	235,6 k €	+15.6%	203,7 k €	-8.1%	221,7 k €
Net result	-86,5 k €	+33.7%	-130,4 k €	+5.5%	-138 k €	-387%	-28,3 k €	-116%	174,6 k €	-55.5%	392,6 k €	+452%	-111,4 k €	+29.1%	-157,1 k €	+9.8%	-174,1 k €	-13088%	1,3 k €	-99.0%	136 k €	+5.1%	129,4 k €	-43.9%	230,6 k €	+30.0%	177,3 k €	-8.3%	193,4 k €	+9.8%	176,2 k €	+27.0%	138,7 k €	+11.8%	124,1 k €
Balance sheet
Equity	202,8 k €	-29.9%	289,3 k €	-31.1%	419,6 k €	-24.8%	557,7 k €	-4.8%	586 k €	-32.0%	861,4 k €	+83.7%	468,8 k €	-57.8%	1,1 M €	-12.4%	1,3 M €	-12.1%	1,4 M €	+0.1%	1,4 M €	+10.4%	1,3 M €	+11.0%	1,2 M €	+24.4%	944,2 k €	-25.5%	1,3 M €	+50.6%	841,1 k €	+37.4%	612,4 k €	+2.1%	599,7 k €
Total assets	1,4 M €	+45.7%	971,3 k €	-15.5%	1,1 M €	-3.4%	1,2 M €	-0.3%	1,2 M €	-26.4%	1,6 M €	+38.7%	1,2 M €	-33.2%	1,7 M €	+3.1%	1,7 M €	-10.6%	1,9 M €	-1.1%	1,9 M €	-10.1%	2,1 M €	-1.5%	2,2 M €	+12.0%	1,9 M €	-1.9%	2 M €	+21.6%	1,6 M €	+16.8%	1,4 M €	-3.2%	1,4 M €
Cash	382,1 k €	+671%	49,5 k €	-28.5%	69,3 k €	+37.0%	50,6 k €	-32.3%	74,7 k €	-32.3%	110,3 k €	+114%	51,6 k €	-4.4%	53,9 k €	+19.7%	45,1 k €	-9.2%	49,7 k €	-53.9%	107,7 k €	+121%	48,7 k €	-13.7%	56,4 k €	-31.0%	81,7 k €	-32.4%	120,9 k €	+3.6%	116,7 k €	-68.9%	374,7 k €	+90.1%	197,1 k €
Debts	1,2 M €	+76.8%	682 k €	-6.6%	730,2 k €	+15.3%	633,1 k €	+4.1%	607,9 k €	-20.1%	761,1 k €	+8.6%	700,7 k €	+9.5%	639,6 k €	+48.9%	429,7 k €	-4.5%	450,1 k €	-5.9%	478,6 k €	-41.9%	824 k €	-16.9%	991,1 k €	+1.2%	979,5 k €	+49.6%	654,7 k €	-3.2%	676,5 k €	-6.7%	725 k €	-9.8%	804 k €
Other
Workforce	13,1 ETP	-10.9%	14,7 ETP	-3.3%	15,2 ETP	-3.2%	15,7 ETP	+1.3%	15,5 ETP	-13.4%	17,9 ETP	+14.7%	15,6 ETP	-3.1%	16,1 ETP	-10.6%	18,0 ETP	-8.2%	19,6 ETP	-2.0%	20,0 ETP	+4.7%	19,1 ETP	-5.4%	20,2 ETP	+8.0%	18,7 ETP	+0.5%	18,6 ETP	-26.5%	25,3 ETP	+54.3%	16,4 ETP	+15.5%	14,2 ETP

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 · 1 active · 18 ended

Active mandates

H.V.H.

Director · since 01 juillet 2025 · 0534.602.632

Represented by Henri Pieter Verbeek

Active

Ended mandates

Herodot

Managing director · since 01 janvier 2020 · until 31 décembre 2025 · 0729.733.572

Represented by Endre Csikos

Ended

Endre CSIKOS

Director · since 02 avril 2014 · until 31 décembre 2019

Ended

Endrè CSIKOS

Director · since 02 avril 2014 · until 02 avril 2020

Ended

Fregate Private Investments

Managing director · since 02 avril 2014 · until 02 avril 2020 · 0459.576.694

Represented by Geza CSIKOS

Ended

At this address

Other companies at this address

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PLANCHET● Active	0449.712.190
Restaurant Le Beer and Cheese Tournai● Judicial reorganisation	0414.536.032
TOURNAI WOK● Active	1004.593.762
Y20● Active	0742.624.080

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full 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	25/08/2026	19/06/2025	05/06/2024	23/05/2023	08/06/2022	07/06/2021
General meeting	07/08/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	19/05/2021
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
Full model	31/12/2025	07/08/2026	25/08/2026	French	PDF
Abridged model	31/12/2024	21/05/2025	19/06/2025	French	PDF
Abridged model	31/12/2023	15/05/2024	05/06/2024	French	PDF
Abridged model	31/12/2022	17/05/2023	23/05/2023	French	PDF
Abridged model	31/12/2021	18/05/2022	08/06/2022	French	PDF
Abridged model	31/12/2020	19/05/2021	07/06/2021	French	PDF
Abridged model	31/12/2019	20/05/2020	26/05/2020	French	PDF
Abridged model	31/12/2018	15/05/2019	24/05/2019	French	PDF
Abridged model	31/12/2017	16/05/2018	30/05/2018	French	PDF
Abridged model	31/12/2016	28/07/2017	31/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	29/06/2015	28/07/2015	French	PDF
Abridged model	31/12/2013	28/07/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	26/07/2013	30/07/2013	French	PDF
Abridged model	31/12/2011	27/06/2012	27/07/2012	French	PDF
Abridged model	31/12/2010	20/06/2011	19/07/2011	French	PDF
Abridged model	31/12/2009	15/05/2010	15/06/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	French	PDF
Abridged model	31/12/2007	18/12/2008	31/12/2008	French	PDF
Abridged model	31/12/2006	15/05/2007	15/06/2007	French	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 · 1 active · 18 ended

Active mandates

H.V.H.

Director · since 01 juillet 2025 · 0534.602.632

Represented by Henri Pieter Verbeek

Active

Ended mandates

Herodot

Managing director · since 01 janvier 2020 · until 31 décembre 2025 · 0729.733.572

Represented by Endre Csikos

Ended

Endre CSIKOS

Director · since 02 avril 2014 · until 31 décembre 2019

Ended

Endrè CSIKOS

Director · since 02 avril 2014 · until 02 avril 2020

Ended

Fregate Private Investments

Managing director · since 02 avril 2014 · until 02 avril 2020 · 0459.576.694

Represented by Geza CSIKOS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2025
DEMISSIONS, NOMINATIONS
PDF
Other14/12/2020
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates28/02/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates19/08/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates30/09/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates17/06/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates30/10/2007
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025-86,5 k €↑
2024
Annual accounts 2024-130,4 k €↑
2023
Annual accounts 2023-138 k €↓
2022
Annual accounts 2022-28,3 k €↓
2021
Annual accounts 2021174,6 k €↓
2020
Annual accounts 2020392,6 k €↑
2019
Annual accounts 2019-111,4 k €↑
2018
Annual accounts 2018-157,1 k €↑
2017
Annual accounts 2017-174,1 k €↓
2016
Annual accounts 20161,3 k €↓
2015
Annual accounts 2015136 k €↑
2014
Annual accounts 2014129,4 k €↓
2013
Annual accounts 2013230,6 k €↑
2012
Annual accounts 2012177,3 k €↓
2011
Annual accounts 2011193,4 k €↑
2009
Annual accounts 2009176,2 k €↑
2007
Annual accounts 2007138,7 k €↑
2006
Annual accounts 2006124,1 k €
21/12/1995
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

FAIRAMA

Overview

What does FAIRAMA 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