FRECON
0652.874.831 · rovalta.com · 22/09/2026
NORMAL SITUATION
FRECON
Financial year 2023 · closed on 31/12/2023
Net result
29 k €
+57.8% YoY
Gross margin
115,3 k €
-28.0% YoY
Equity
196,6 k €
+17.3% YoY
Workforce
0,0 ETP
Company — Normal situation.
Overview
What does FRECON do?
FRECON is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0652.874.831
Legal form
Private limited company
Contributed capital
12 400,00 €
Latest accounts
31/12/2023
Average workforce
0,0 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 7 financial years
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||
| Gross margin | 115,3 k € | -28.0% | 160,2 k € | -45.9% | 295,9 k € | +26.7% | 233,5 k € | +71.8% | 136 k € | +104% | 66,7 k € | +330% | 15,5 k € |
| EBITDA | 110,8 k € | +6.3% | 104,3 k € | -27.1% | 143,1 k € | +132% | 61,7 k € | -33.6% | 92,9 k € | +63.8% | 56,8 k € | +282% | 14,8 k € |
| Operating result | 45,9 k € | +78.7% | 25,7 k € | -62.9% | 69,2 k € | +156% | 27 k € | -60.0% | 67,5 k € | +51.9% | 44,4 k € | +806% | 4,9 k € |
| Net result | 29 k € | +57.8% | 18,4 k € | -60.3% | 46,4 k € | +149% | 18,6 k € | -58.0% | 44,3 k € | +80.9% | 24,5 k € | +714% | 3 k € |
| Balance sheet | |||||||||||||
| Equity | 196,6 k € | +17.3% | 167,6 k € | +12.3% | 149,1 k € | +45.1% | 102,8 k € | +22.1% | 84,2 k € | +111% | 39,9 k € | +159% | 15,4 k € |
| Total assets | 363,3 k € | -73.1% | 1,3 M € | -11.4% | 1,5 M € | +20.2% | 1,3 M € | +136% | 536,5 k € | +494% | 90,4 k € | +51.6% | 59,6 k € |
| Cash | 37,5 k € | +5515% | 668,5 € | -97.9% | 31,3 k € | +164% | 11,9 k € | +5492% | 212,5 € | -99.3% | 29,6 k € | +840% | 3,1 k € |
| Debts | 166,7 k € | -56.5% | 383,2 k € | -35.1% | 590 k € | +3.3% | 571 k € | +57.9% | 361,6 k € | +616% | 50,5 k € | +14.2% | 44,2 k € |
| Other | |||||||||||||
| Workforce | 0,0 ETP | – | – | – | – | – | – | ||||||
Governance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 3 ended
Active mandates
Frederik Peelman
ActiveEnded mandates
Frederik Peelman
EndedFrederik Peelman
EndedFrederik Peelman
EndedFinancials
Annual accounts
Full financial information
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/04/2017 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 21 months |
| Filing date | 17/07/2024 | 31/08/2023 | 30/08/2022 | 31/08/2021 | 14/08/2020 | 20/08/2019 |
| General meeting | 28/06/2024 | 30/06/2023 | 24/06/2022 | 31/07/2021 | 26/06/2020 | 28/06/2019 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
7 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2023 | 28/06/2024 | 17/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 30/06/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 24/06/2022 | 30/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 31/07/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 26/06/2020 | 14/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 28/06/2019 | 20/08/2019 | Dutch | |
| Micro model | 31/03/2017 | 29/09/2017 | 30/10/2017 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2023 · 1 active · 3 ended
Active mandates
Frederik Peelman
ActiveEnded mandates
Frederik Peelman
EndedFrederik Peelman
EndedFrederik Peelman
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring25/11/2024GERUISLOZE FUSIE - VERGADERING VAN DE OVERGENOMEN
- Restructuring22/07/2024FUSIEVOORSTEL INZAKE DE MET FUSIE DOOR OVERNEMING
- Mandates25/05/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Other01/03/2018BOEKJAAR
- Other29/04/2016RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 202329 k €↑
- 2022Annual accounts 202218,4 k €↓
- 2021Annual accounts 202146,4 k €↑
- 2020Annual accounts 202018,6 k €↓
- 2019Annual accounts 201944,3 k €↑
- 2018Annual accounts 201824,5 k €↑
- 2017Annual accounts 20173 k €