ACTIVE

FRP

Financial year 2025 · closed on 31/12/2025
Net result
30,4 k €
-74.2% YoY
Gross margin
1,4 M €
-4.0% YoY
Equity
461,5 k €
+7.1% YoY
Workforce
14,1 ETP
-6.0% YoY

What does FRP do?

FRP is a Private limited company incorporated in 2020. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Oudenaarde. It employs on average 14,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0747.700.546
Incorporation
28/05/2020
Legal form
Private limited company
Registered office
Industriepark "De Bruwaan" 27 box D
9700 Oudenaarde · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
14,1 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,5 M €1,2 M €1,4 M €587,2 k €
EBITDA312,4 k €435,2 k €645,7 k €1,1 M €341,8 k €
Operating result112,7 k €245,3 k €550,1 k €1,1 M €327,3 k €
Net result30,4 k €117,7 k €444,8 k €841,1 k €267,6 k €
Balance sheet
Equity461,5 k €431,1 k €313,4 k €168,6 k €127,6 k €
Total assets2,3 M €2,8 M €4,2 M €2,7 M €904,2 k €
Cash61,7 k €57,3 k €667,8 k €1,3 M €95,1 k €
Debts1,9 M €2,4 M €3,9 M €2,5 M €776,7 k €
Other
Workforce14,1 ETP15,0 ETP7,0 ETP4,5 ETP4,6 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

TT-Invest

Director · since 12 novembre 2021 · 0685.949.554

Represented by Thibaut Thysebaert

Active

Ended mandates

Thibaut Thysebaert

Director · since 26 mai 2020 · until 12 novembre 2021

Ended
At this address

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0763.559.353
PallaumeActive
0765.536.767
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SERVIDAActive
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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202226/05/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months20 months
Filing date31/08/202604/08/202526/07/202410/07/202315/07/2022
General meeting19/06/202620/06/202521/06/202416/06/202317/06/2022
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 model31/12/202519/06/202631/08/2026DutchPDF
Abridged model31/12/202420/06/202504/08/2025DutchPDF
Abridged model31/12/202321/06/202426/07/2024DutchPDF
Abridged model31/12/202216/06/202310/07/2023DutchPDF
Abridged model31/12/202117/06/202215/07/2022DutchPDF
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

TT-Invest

Director · since 12 novembre 2021 · 0685.949.554

Represented by Thibaut Thysebaert

Active

Ended mandates

Thibaut Thysebaert

Director · since 26 mai 2020 · until 12 novembre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/03/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other02/06/2020
    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. 2025
    Annual accounts 202530,4 k €
  2. 2024
    Annual accounts 2024117,7 k €
  3. 2023
    Annual accounts 2023444,8 k €
  4. 2022
    Annual accounts 2022841,1 k €
  5. 2021
    Annual accounts 2021267,6 k €
  6. 28/05/2020
    IncorporationPrivate limited company