ACTIVE

FRANGEMA STAAL

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Financial year 2025 · Closed on 31/12/2025

Net result87,3 k €+146,2 %over 1 year
Revenue16,5 M €+7,7 %over 1 year
Equity2,5 M €+3,7 %over 1 year
Workforce24,7 ETP-7,1 %over 1 year

Identity

Source · BCE/KBO

FRANGEMA STAAL is a Public limited company incorporated in 2014. Its main activity is: Manufacture of weapons and ammunition. Its registered office is in Geel. It employs on average 24,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0557.926.578
Incorporation
31/07/2014
Legal form
Public limited company
Registered office
Acaciastraat 17
2440 Geel · FlandreSee on map
Contributed capital
1 110 432,74 €
Latest accounts
31/12/2025
Average workforce
24,7 ETP
Joint committees (3)
  • 111
  • 124
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20252024202320222021
Income statement
Revenue16,5 M €15,3 M €16,5 M €26,7 M €18,3 M €
EBITDA596,2 k €561,4 k €653 k €1 M €1 M €
Operating result276,9 k €222,8 k €306,9 k €689,2 k €664,3 k €
Net result87,3 k €35,5 k €203,4 k €570,2 k €604,9 k €
Balance sheet
Equity2,5 M €2,4 M €2,4 M €2,2 M €2 M €
Total assets9,4 M €9,6 M €8,8 M €11 M €10,1 M €
Cash96,9 k €96,6 k €46,5 k €317,5 k €34,7 k €
Debts6,9 M €7,2 M €6,4 M €8,9 M €8,1 M €
Other
Workforce24,7 ETP26,6 ETP26,3 ETP24,7 ETP23,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 10 ended

Active mandates

Gerard Tilborghs

Director · since 29 décembre 2023 · until 29 décembre 2029

Active
Launne

Managing director · since 29 décembre 2023 · until 29 décembre 2029 · 0756.621.180

Represented by Franciscus Tilborghs

Active

Ended mandates

Gerard Tilborghs

Director · since 15 octobre 2020 · until 01 juin 2026

Ended
Launne

Managing director · since 15 octobre 2020 · until 01 juin 2026 · 0756.621.180

Represented by Franciscus Tilborghs

Ended
Franciscus Tilborghs

Managing director · since 03 juin 2019 · until 02 juin 2020

Ended
Franciscus Tilborghs

Managing director · since 03 juin 2019 · until 15 octobre 2020

Ended

Other companies at this address

Acaciastraat 17 2440 Geel
CompanyCBE no.
FM-IMMO● Active
0434.893.560
Launne● Active
0756.621.180
TILBORGHS VAT GROUP● Active
0723.627.027
Watersport De Kempen● Active
0627.703.826
WOLFE● Active
0534.393.388

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date10/07/202610/07/202512/07/202431/07/202307/07/202217/08/2021
General meeting01/06/202630/06/202530/06/202430/06/202306/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202610/07/2026DutchPDF
Full model31/12/202430/06/202510/07/2025DutchPDF
Full model31/12/202330/06/202412/07/2024DutchPDF
Full model31/12/202230/06/202331/07/2023DutchPDF
Full model31/12/202106/06/202207/07/2022DutchPDF
Full model31/12/202007/06/202117/08/2021DutchPDF
Full model31/12/201902/06/202028/09/2020DutchPDF
Full model31/12/201803/06/201914/08/2019DutchPDF
Full model31/12/201704/06/201812/07/2018DutchPDF
Full model31/12/201605/06/201713/07/2017DutchPDF
Full model31/12/201506/06/201614/07/2016DutchPDF
Full model31/12/201401/06/201509/07/2015DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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

2 active · 10 ended

Active mandates

Gerard Tilborghs

Director · since 29 décembre 2023 · until 29 décembre 2029

Active
Launne

Managing director · since 29 décembre 2023 · until 29 décembre 2029 · 0756.621.180

Represented by Franciscus Tilborghs

Active

Ended mandates

Gerard Tilborghs

Director · since 15 octobre 2020 · until 01 juin 2026

Ended
Launne

Managing director · since 15 octobre 2020 · until 01 juin 2026 · 0756.621.180

Represented by Franciscus Tilborghs

Ended
Franciscus Tilborghs

Managing director · since 03 juin 2019 · until 02 juin 2020

Ended
Franciscus Tilborghs

Managing director · since 03 juin 2019 · until 15 octobre 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/09/2026
    HERBENOEMING COMMISSARIS
    PDF
  • Mandates14/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/08/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 202587,3 k €↑
  2. 2024
    Annual accounts 202435,5 k €↓
  3. 2023
    Annual accounts 2023203,4 k €↓
  4. 2022
    Annual accounts 2022570,2 k €↓
  5. 2021
    Annual accounts 2021604,9 k €↑
  6. 2020
    Annual accounts 2020273,1 k €↑
  7. 2019
    Annual accounts 2019116,9 k €↑
  8. 2018
    Annual accounts 201848,7 k €↓
  9. 2017
    Annual accounts 201754 k €↑
  10. 2016
    Annual accounts 201639,7 k €↓
  11. 2015
    Annual accounts 201552,2 k €↓
  12. 2014
    Annual accounts 2014108,7 k €
  13. 31/07/2014
    IncorporationPublic limited company