ACTIVE

Fremmax

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Financial year 2025 · closed on 31/12/2025
Net result
106,9 k €
-71.7% YoY
Gross margin
441,8 k €
+1.5% YoY
Equity
4,1 M €
+2.7% YoY
Workforce
0,0 ETP

What does Fremmax do?

Fremmax is a Private limited company incorporated in 2014. Its main activity is: Activities of holding companies. Its registered office is in Knokke-Heist.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0554.663.024
Incorporation
20/06/2014
Legal form
Private limited company
Registered office
Duinenwater 37A 14
8300 Knokke-Heist · FlandreSee on map
Contributed capital
2 822 802,98 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin441,8 k €435,4 k €354,6 k €368,5 k €417,5 k €
EBITDA411,2 k €431,5 k €347,9 k €367 k €416,2 k €
Operating result268,6 k €282,6 k €226 k €248,1 k €293,7 k €
Net result106,9 k €377,6 k €101,5 k €150,6 k €184,5 k €
Balance sheet
Equity4,1 M €4 M €3,4 M €3,3 M €3,1 M €
Total assets6,2 M €6,1 M €4,7 M €4,7 M €4,7 M €
Cash377,6 k €482,3 k €135,1 k €185,8 k €398,7 k €
Debts2,1 M €2,2 M €1,3 M €1,5 M €1,6 M €
Other
Workforce0,0 ETP0,0 ETP0,0 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 · 1 ended

Active mandates

Michel Vervecken

Director · since 20 juin 2014

Active

Ended mandates

Michel Vervecken

Manager · since 20 juin 2014

Ended
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 date24/06/202601/07/202524/06/202404/07/202329/06/202206/07/2021
General meeting01/06/202602/06/202503/06/202405/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202624/06/2026DutchPDF
Abridged model31/12/202402/06/202501/07/2025DutchPDF
Abridged model31/12/202303/06/202424/06/2024DutchPDF
Abridged model31/12/202205/06/202304/07/2023DutchPDF
Abridged model31/12/202107/06/202229/06/2022DutchPDF
Abridged model31/12/202007/06/202106/07/2021DutchPDF
Abridged model31/12/201902/06/202002/07/2020DutchPDF
Abridged model31/12/201803/06/201901/07/2019DutchPDF
Abridged model31/12/201702/08/201830/08/2018DutchPDF
Abridged model31/12/201606/06/201706/07/2017DutchPDF
Abridged model31/12/201506/06/201606/07/2016DutchPDF
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 · 1 ended

Active mandates

Michel Vervecken

Director · since 20 juin 2014

Active

Ended mandates

Michel Vervecken

Manager · since 20 juin 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring31/05/2024
    MAATSCHAPPELIJKE ZETEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/05/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares23/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Restructuring03/04/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring03/04/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates12/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/10/2016
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares11/03/2016
    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 2025106,9 k €↓
  2. 2024
    Annual accounts 2024377,6 k €↑
  3. 2023
    Annual accounts 2023101,5 k €↓
  4. 2022
    Annual accounts 2022150,6 k €↓
  5. 2021
    Annual accounts 2021184,5 k €
  6. 20/06/2014
    IncorporationPrivate limited company