ACTIVE

FFAB

Financial year 2024 · closed on 31/12/2024
Net result
20,5 k €
-14.4% YoY
Gross margin
50,1 k €
-17.0% YoY
Equity
79,1 k €
+35.0% YoY
Workforce
0,0 ETP

What does FFAB do?

FFAB is a Private limited company incorporated in 2019. Its main activity is: Construction of buildings. Its registered office is in Zandhoven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0734.397.985
Incorporation
12/09/2019
Legal form
Private limited company
Registered office
Nachtegaaldreef 22
2242 Zandhoven · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin50,1 k €60,3 k €60,1 k €23,1 k €35,4 k €
EBITDA46,4 k €59 k €53,7 k €21,3 k €29 k €
Operating result40,8 k €55,7 k €48,6 k €16,2 k €24,8 k €
Net result20,5 k €24 k €20,3 k €10,1 k €14,2 k €
Balance sheet
Equity79,1 k €58,6 k €34,6 k €34,3 k €24,2 k €
Total assets171,3 k €490,3 k €932,9 k €570 k €551,3 k €
Cash78,7 k €27,6 k €89,4 k €37,9 k €21 k €
Debts92,2 k €431,8 k €898,4 k €535,6 k €527,2 k €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 4 ended

Active mandates

Ann Verstrepen

Director

Active
WILIMMO

Director · 0879.232.744

Represented by Bert Wilmssen

Active

Ended mandates

WILIMMO

Director · since 01 juillet 2022 · 0879.232.744

Represented by Bert Wilmssen

Ended
Ann VERSTREPEN

Director · since 22 janvier 2020

Ended
BERT WILMSSEN

Director · since 11 septembre 2019

Ended
Bert Wilmssen

Director · until 01 juillet 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
WILIMMOActive
0879.232.744
Annual accounts

Full financial information

20242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202112/09/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months16 months
Filing date25/07/202524/07/202420/07/202320/07/202230/06/2021
General meeting30/06/202528/06/202430/06/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202525/07/2025DutchPDF
Abridged model31/12/202328/06/202424/07/2024DutchPDF
Abridged model31/12/202230/06/202320/07/2023DutchPDF
Micro model31/12/202127/05/202220/07/2022DutchPDF
Micro model31/12/202028/05/202130/06/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 4 ended

Active mandates

Ann Verstrepen

Director

Active
WILIMMO

Director · 0879.232.744

Represented by Bert Wilmssen

Active

Ended mandates

WILIMMO

Director · since 01 juillet 2022 · 0879.232.744

Represented by Bert Wilmssen

Ended
Ann VERSTREPEN

Director · since 22 janvier 2020

Ended
BERT WILMSSEN

Director · since 11 septembre 2019

Ended
Bert Wilmssen

Director · until 01 juillet 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/09/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 202420,5 k €
  2. 2023
    Annual accounts 202324 k €
  3. 2022
    Annual accounts 202220,3 k €
  4. 2021
    Annual accounts 202110,1 k €
  5. 2020
    Annual accounts 202014,2 k €
  6. 12/09/2019
    IncorporationPrivate limited company