ACTIVE

FRAA

Financial year 2025 · closed on 31/12/2025
Net result
24,5 k €
-98.1% YoY
Gross margin
36,5 k €
-88.8% YoY
Equity
2,5 M €
+1.0% YoY

What does FRAA do?

FRAA is a Private limited company incorporated in 1996. Its main activity is: Construction of buildings. Its registered office is in Beveren-Kruibeke-Zwijndrecht.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.364.194
Incorporation
21/06/1996
Legal form
Private limited company
Registered office
Dijkstraat(MEL) 138
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120182017201620152014201320122011201020092008
Income statement
Gross margin36,5 k €326,6 k €147,8 k €36,7 k €84,6 k €56,8 k €41,2 k €25,9 k €-3 k €-2,3 k €-1,4 k €-2,1 k €-2,2 k €-5,9 k €-2 k €-5 k €
EBITDA34,9 k €308,4 k €145,7 k €35,4 k €83,3 k €56,4 k €41 k €24,8 k €-4,5 k €-3,5 k €-2,5 k €-3,2 k €-3,2 k €-6,9 k €-2,9 k €-5 k €
Operating result11,6 k €286,7 k €126,5 k €19,4 k €53,7 k €16,7 k €19,9 k €23,3 k €-5,8 k €-3,5 k €-2,5 k €-3,2 k €-3,2 k €-6,9 k €-2,9 k €-5 k €
Net result24,5 k €1,3 M €79,5 k €11 k €34,6 k €11,6 k €18,2 k €45,7 k €74,4 k €-1,3 k €-2,2 k €-1,7 k €584,5 €73,7 k €417,4 k €317,7 k €
Balance sheet
Equity2,5 M €2,5 M €1,2 M €1,1 M €1,1 M €918,7 k €907,1 k €888,9 k €943,2 k €868,8 k €857,7 k €859,9 k €861,5 k €861 k €787,3 k €369,9 k €
Total assets2,6 M €2,7 M €2,6 M €1,3 M €1,3 M €1,7 M €1,1 M €1,7 M €1,5 M €982,3 k €857,7 k €859,9 k €876,1 k €861,8 k €789 k €1,6 M €
Cash335,1 k €99,3 k €384,2 k €232,7 k €312,8 k €53,6 k €127,4 k €56,4 k €75,1 k €13,3 k €21,5 k €11,3 k €32,2 k €143,4 k €
Debts88,7 k €262 k €1,4 M €205,4 k €197,3 k €807,4 k €178,1 k €664,2 k €508,5 k €113,5 k €14,5 k €867 €1,7 k €1,3 M €
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 · 5 ended

Active mandates

Hendrik Relaes

Director

Active
Kristel Blommaert

Director

Active

Ended mandates

Hendrik Relaes

Director · since 15 juin 2015

Ended
Hendrik RELAES

Manager · since 15 juin 2015

Ended
Kristel Blommaert

Director · since 31 mai 2011

Ended
Kristel BLOMMAERT

Manager · since 31 mai 2011

Ended
At this address

Other companies at this address

CompanyCBE no.
ARFANGActive
0784.963.689
FRAA PLUSActive
0784.231.736
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202624/04/202518/06/202403/08/202313/07/202230/06/2021
General meeting26/06/202624/04/202531/05/202430/06/202324/06/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202616/07/2026DutchPDF
Abridged model31/12/202424/04/202524/04/2025DutchPDF
Abridged model31/12/202331/05/202418/06/2024DutchPDF
Abridged model31/12/202230/06/202303/08/2023DutchPDF
Abridged model31/12/202124/06/202213/07/2022DutchPDF
Abridged model31/12/202028/06/202130/06/2021DutchPDF
Abridged model31/12/201910/07/202015/07/2020DutchPDF
Abridged model31/12/201814/06/201911/07/2019DutchPDF
Abridged model31/12/201715/06/201821/06/2018DutchPDF
Abridged model31/12/201630/06/201703/07/2017DutchPDF
Abridged model31/12/201524/03/201611/04/2016DutchPDF
Abridged model31/12/201415/06/201516/06/2015DutchPDF
Abridged model31/12/201330/06/201403/07/2014DutchPDF
Abridged model31/12/201207/03/201321/05/2013DutchPDF
Abridged model31/12/201120/03/201219/04/2012DutchPDF
Abridged model31/12/201031/05/201124/06/2011DutchPDF
Abridged model31/12/200911/06/201017/06/2010DutchPDF
Abridged model31/12/200804/06/200912/08/2009DutchPDF
Abridged model31/12/200727/06/200830/06/2008DutchPDF
Abridged model31/12/200629/06/200728/09/2007DutchPDF
Abridged model31/12/200530/06/200614/03/2007DutchPDF
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 · 5 ended

Active mandates

Hendrik Relaes

Director

Active
Kristel Blommaert

Director

Active

Ended mandates

Hendrik Relaes

Director · since 15 juin 2015

Ended
Hendrik RELAES

Manager · since 15 juin 2015

Ended
Kristel Blommaert

Director · since 31 mai 2011

Ended
Kristel BLOMMAERT

Manager · since 31 mai 2011

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/01/2017
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other14/04/2016
    DOEL
    PDF
  • Mandates09/07/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/04/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/12/2008
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/10/2008
    BENAMING - 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

Timeline

  1. 2025
    Annual accounts 202524,5 k €
  2. 2024
    Annual accounts 20241,3 M €
  3. 2023
    Annual accounts 202379,5 k €
  4. 2022
    Annual accounts 202211 k €
  5. 2021
    Annual accounts 202134,6 k €
  6. 2018
    Annual accounts 201811,6 k €
  7. 2017
    Annual accounts 201718,2 k €
  8. 2016
    Annual accounts 201645,7 k €
  9. 2015
    Annual accounts 201574,4 k €
  10. 2014
    Annual accounts 2014-1,3 k €
  11. 2013
    Annual accounts 2013-2,2 k €
  12. 2012
    Annual accounts 2012-1,7 k €
  13. 2011
    Annual accounts 2011584,5 €
  14. 2010
    Annual accounts 201073,7 k €
  15. 2009
    Annual accounts 2009417,4 k €
  16. 2008
    Annual accounts 2008317,7 k €
  17. 21/06/1996
    IncorporationPrivate limited company