ACTIVE

Funny Beach

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Financial year 2025 · closed on 31/12/2025

Net result

88,5 k €

+1209.5% YoY

Gross margin

1,4 M €

+4.8% YoY

Equity

198,5 k €

+1.8% YoY

Workforce

23,4 ETP

-4.5% YoY

What does Funny Beach do?

Funny Beach is a Private limited company incorporated in 1997. Its registered office is in Waregem. It employs on average 23,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0461.558.761

Incorporation

01/10/1997

Legal form

Private limited company

Registered office

Bessemstraat 92
8790 Waregem · FlandreSee on map

Contributed capital

18 592,00 €

Latest accounts

31/12/2025

Average workforce

23,4 ETP

Joint committees (2)

302
3020

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

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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		2010		2009		2008
Income statement
Gross margin	1,4 M €	+4.8%	1,3 M €	+19.4%	1,1 M €	+12.5%	966 k €	-20.5%	1,2 M €	+35.1%	899,1 k €	+8.3%	830,3 k €	-3.3%	858,4 k €	+8.6%	790,5 k €	-4.1%	824,7 k €	+3.9%	793,7 k €	-14.6%	929 k €	+5.9%	877,3 k €	+4.6%	838,4 k €	+8.0%	776,3 k €	+3.9%	747,2 k €	+7.8%	693,2 k €	+12.7%	615,3 k €
EBITDA	190,6 k €	+155%	74,6 k €	-20.9%	94,3 k €	-38.9%	154,5 k €	-69.4%	504,8 k €	+51.6%	333,1 k €	+37.0%	243,1 k €	+36.3%	178,4 k €	+16.4%	153,3 k €	-40.0%	255,4 k €	+72.4%	148,2 k €	-27.3%	203,9 k €	+17.6%	173,3 k €	+8.6%	159,6 k €	+10.9%	144 k €	-22.3%	185,4 k €	+16.5%	159,2 k €	+22.3%	130,1 k €
Operating result	125,2 k €	+877%	12,8 k €	-67.8%	39,7 k €	-59.8%	98,7 k €	-78.1%	451,5 k €	+62.2%	278,4 k €	+62.5%	171,3 k €	+89.8%	90,2 k €	+71.2%	52,7 k €	-68.9%	169,7 k €	+329%	39,6 k €	-42.6%	69 k €	+50.9%	45,7 k €	-55.6%	103,1 k €	+26.6%	81,4 k €	-32.9%	121,4 k €	+38.7%	87,5 k €	+20.3%	72,8 k €
Net result	88,5 k €	+1210%	6,8 k €	-55.2%	15,1 k €	+122%	-68,2 k €	-119%	366,3 k €	+72.0%	213 k €	+80.7%	117,9 k €	+108%	56,6 k €	+104%	27,7 k €	-71.8%	98,4 k €	+767%	11,3 k €	-68.2%	35,6 k €	+66.1%	21,5 k €	-63.6%	58,9 k €	+40.4%	41,9 k €	-39.3%	69 k €	+27.5%	54,2 k €	+34.9%	40,2 k €
Balance sheet
Equity	198,5 k €	+1.8%	195 k €	+3.6%	188,2 k €	+8.7%	173,1 k €	-28.3%	241,3 k €	+37.9%	175 k €	-17.5%	212 k €	+125%	94,1 k €	+14.1%	82,5 k €	+50.6%	54,8 k €	+74.3%	31,4 k €	-10.4%	35,1 k €	-49.5%	69,4 k €	-29.1%	98 k €	+3.0%	95,1 k €	+2.1%	93,2 k €	+45.3%	64,1 k €	+28.4%	49,9 k €
Total assets	817 k €	+27.1%	643 k €	+13.9%	564,7 k €	+34.4%	420,2 k €	-53.4%	902,4 k €	+32.0%	683,7 k €	+9.9%	622,3 k €	-4.7%	652,9 k €	+19.4%	546,7 k €	-12.7%	625,9 k €	+1.9%	614,3 k €	-15.2%	724,7 k €	-8.5%	791,9 k €	+70.7%	463,9 k €	+1.5%	457,2 k €	-10.8%	512,7 k €	+7.4%	477,2 k €	-8.2%	520,1 k €
Cash	277 k €	+18.0%	234,7 k €	+5.7%	222 k €	+99.8%	111,1 k €	-78.0%	505 k €	+65.1%	305,9 k €	+27.1%	240,8 k €	-11.0%	270,6 k €	+117%	124,7 k €	-42.3%	216,1 k €	+74.0%	124,2 k €	+2.0%	121,8 k €	-2.8%	125,3 k €	-13.1%	144,3 k €	+30.2%	110,8 k €	-11.6%	125,4 k €	+160%	48,3 k €	+1.3%	47,7 k €
Debts	612,9 k €	+38.1%	443,8 k €	+18.4%	374,8 k €	+51.7%	247,2 k €	-62.6%	661,1 k €	+30.0%	508,7 k €	+24.0%	410,3 k €	-26.6%	558,8 k €	+20.4%	464,2 k €	-18.7%	571,1 k €	-2.0%	582,9 k €	-15.5%	689,6 k €	-4.5%	722,4 k €	+97.4%	365,9 k €	+1.1%	362,1 k €	-13.6%	419 k €	+1.9%	411 k €	-12.6%	470,1 k €
Other
Workforce	23,4 ETP	-4.5%	24,5 ETP	+36.9%	17,9 ETP	+5.3%	17,0 ETP	-2.9%	17,5 ETP	+8.7%	16,1 ETP	-7.5%	17,4 ETP	+0.6%	17,3 ETP	-3.9%	18,0 ETP	+25.0%	14,4 ETP	-5.3%	15,2 ETP	-24.8%	20,2 ETP	+4.1%	19,4 ETP	-4.0%	20,2 ETP	+14.8%	17,6 ETP	+8.0%	16,3 ETP	+3.8%	15,7 ETP	+0.6%	15,6 ETP

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 · 1 active · 5 ended

Active mandates

NOORAAP

Director · 0480.203.250

Represented by Kenny Schelstraete

Active

Ended mandates

NOORAAP

Director · since 26 juillet 2023 · 0480.203.250

Represented by Kenny Schelstraete

Ended

HAPPY FLIGHT

Manager · 0460.593.810

Represented by Willy Verrecas

Ended

Willy Verrecas

Director · until 26 juillet 2023

Ended

Willy Verrecas

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
Elivick● Active	0536.378.227
INGELAAP● Active	1006.767.057
KUURAAP● Active	1006.762.109
NOORAAP● Active	0480.203.250
NOORAAP INVEST & SERVICES● Active	1036.072.836

Annual accounts

Full financial information

	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	14/07/2026	16/07/2025	22/03/2024	01/09/2023	30/08/2022	31/08/2021
General meeting	30/06/2026	20/06/2025	22/02/2024	11/04/2023	12/04/2022	13/04/2021
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
Abridged model	31/12/2025	30/06/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	16/07/2025	Dutch	PDF
Abridged model	31/12/2023	22/02/2024	22/03/2024	Dutch	PDF
Abridged model	31/12/2022	11/04/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	12/04/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	13/04/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	06/11/2020	Dutch	PDF
Abridged model	31/12/2018	09/04/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	10/04/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	11/04/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	12/04/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	14/04/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	08/04/2014	02/10/2014	Dutch	PDF
Abridged model	31/12/2012	09/04/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	10/04/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	12/04/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	13/04/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	14/04/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	08/04/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	10/04/2007	27/08/2007	Dutch	PDF

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 · 1 active · 5 ended

Active mandates

NOORAAP

Director · 0480.203.250

Represented by Kenny Schelstraete

Active

Ended mandates

NOORAAP

Director · since 26 juillet 2023 · 0480.203.250

Represented by Kenny Schelstraete

Ended

HAPPY FLIGHT

Manager · 0460.593.810

Represented by Willy Verrecas

Ended

Willy Verrecas

Director · until 26 juillet 2023

Ended

Willy Verrecas

Administrator - manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other30/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ALGEMENE VERGADERING
PDF
Mandates09/08/2023
MAATSCHAPPELIJKE ZETEL - 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 202588,5 k €↑
2024
Annual accounts 20246,8 k €↓
2023
Annual accounts 202315,1 k €↑
2022
Annual accounts 2022-68,2 k €↓
2021
Annual accounts 2021366,3 k €↑
2020
Annual accounts 2020213 k €↑
2019
Annual accounts 2019117,9 k €↑
2018
Annual accounts 201856,6 k €↑
2017
Annual accounts 201727,7 k €↓
2016
Annual accounts 201698,4 k €↑
2015
Annual accounts 201511,3 k €↓
2014
Annual accounts 201435,6 k €↑
2013
Annual accounts 201321,5 k €↓
2012
Annual accounts 201258,9 k €↑
2011
Annual accounts 201141,9 k €↓
2010
Annual accounts 201069 k €↑
2009
Annual accounts 200954,2 k €↑
2008
Annual accounts 200840,2 k €
01/10/1997
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

Funny Beach

Overview

What does Funny Beach 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