ACTIVE

B-FRA

Financial year 2025 · Closed on 31/12/2025

Net result6,3 k €-94,1 %over 1 year

Gross margin12,2 k €-91,8 %over 1 year

Equity226,5 k €+2,9 %over 1 year

Identity

Source · BCE/KBO

B-FRA is a Private limited company incorporated in 2014. Its main activity is: Development of building projects. Its registered office is in Beringen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0555.671.428
Incorporation: 03/07/2014
Legal form: Private limited company
Registered office: Zwanenbergstraat 2/A box 3
3583 Beringen · FlandreSee on map
Contributed capital: 6 200,00 €
Latest accounts: 31/12/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 41001Construction of buildings 41002Construction of buildings 41003Construction of buildings 41102Development of building projects+6

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 12 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	12,2 k €	-91.8%	149,2 k €	+252%	42,4 k €	-54.8%	93,7 k €	+285%	24,3 k €
EBITDA	11,2 k €	-92.4%	147,9 k €	+254%	41,8 k €	-52.1%	87,3 k €	+260%	24,2 k €
Operating result	11,2 k €	-92.4%	147,5 k €	+256%	41,4 k €	-52.4%	86,9 k €	+259%	24,2 k €
Net result	6,3 k €	-94.1%	106,6 k €	+255%	30 k €	-52.8%	63,6 k €	+241%	18,6 k €
Balance sheet
Equity	226,5 k €	+2.9%	220,1 k €	+93.9%	113,6 k €	+35.9%	83,6 k €	+319%	19,9 k €
Total assets	410,7 k €	+30.9%	313,8 k €	-36.6%	495,3 k €	+3.4%	479 k €	+40.5%	341 k €
Cash	10,6 k €	-90.1%	107 k €	-28.9%	150,5 k €	-20.5%	189,3 k €	+0.6%	188,1 k €
Debts	184,2 k €	+96.6%	93,7 k €	-75.5%	381,8 k €	+52.4%	250,5 k €	+10.8%	226 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bünyamin Altun	Directorsince 10/09/2020Mandate2023 accountsendedManager2020 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ABUBEKIR ALTUN	Manager2019 accounts

Other companies at this address

Zwanenbergstraat 2/A 3583 Beringen

Company	CBE no.
STONE PLUS● Active	0810.583.072

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	10/07/2026	25/08/2025	13/11/2024	23/07/2023	13/12/2022	22/07/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	15/06/2023	29/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	18/06/2026	10/07/2026	Dutch	PDF
Micro model	31/12/2024	19/06/2025	25/08/2025	Dutch	PDF
Micro model	31/12/2023	20/06/2024	13/11/2024	Dutch	PDF
Micro model	31/12/2022	15/06/2023	23/07/2023	Dutch	PDF
Micro model	31/12/2021	29/06/2022	13/12/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	22/07/2021	Dutch	PDF
Micro model	31/12/2019	18/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	18/06/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	18/06/2018	24/09/2018	Dutch	PDF
Abridged model	31/12/2016	18/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	24/08/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	23/09/2015	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bünyamin Altun	Directorsince 10/09/2020Mandate2023 accountsendedManager2020 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ABUBEKIR ALTUN	Manager2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other25/07/2024
STATUTEN (VERTALING, COORDINATIE, OVERIGE
PDF
Mandates30/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/10/2015
WIJZIGING MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares18/09/2015
Aandelenoverdracht
PDF
Mandates11/02/2015
ONTSLAG ZAAKVOERDER
PDF
Other07/07/2014
(voluit) :
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Bünyamin Altun

ABUBEKIR ALTUN

2014201520162017201820192020202120222023202420252026

B-FRA

Zwanenbergstraat 2A bte 3, 3583 PaalZwanenbergstraat 2/A bte 3, 3583 Paal

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zwanenbergstraat 2/A bte 3, 3583 PaalCurrent		CBE
Zwanenbergstraat 2A bte 3, 3583 Paal	accounts 2023 → 2025	Accounts 2025 · 2026-00288035
Zwanenbergstraat 2/A bte 3, 3583 Paal	accounts 2021 → 2022	Accounts 2022 · 2023-00260307

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
B-FRACurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00288035

Events

2025
Annual accounts 20256,3 k €↓
2024
Annual accounts 2024106,6 k €↑
2023
Annual accounts 202330 k €↓
2022
Annual accounts 202263,6 k €↑
2021
Annual accounts 202118,6 k €↑
2020
Annual accounts 2020-2,4 k €↑
2019
Annual accounts 2019-9,4 k €↓
2018
Annual accounts 20182,5 k €↑
2017
Annual accounts 2017725,9 €↓
2016
Annual accounts 20161,2 k €↓
2015
Annual accounts 20153,8 k €↑
2014
Annual accounts 2014-1,4 k €
03/07/2014
IncorporationPrivate limited company

B-FRA

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events