OPENING OF BANKRUPTCY

FRAPAS

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Financial year 2024 · closed on 31/12/2024
Net result
4,0 k €
+274.9% YoY
Gross margin
10,3 k €
+846.2% YoY
Equity
8,5 k €
+86.3% YoY

Company — Opening of bankruptcy.

Strike-off: 14 août 2026

What does FRAPAS do?

FRAPAS is a Private limited company incorporated in 2020. Its registered office is in Lommel.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0755.608.917
Incorporation
02/10/2020
Legal form
Private limited company
Registered office
Einderpad 79
3920 Lommel · FlandreSee on map
Contributed capital
1 500,00 €
Latest accounts
31/12/2024
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2024202320222021
Income statement
Gross margin10,3 k €-1,4 k €3,6 k €10,6 k €
EBITDA9,9 k €-1,7 k €3,2 k €4,6 k €
Operating result7,6 k €-3,0 k €2,9 k €4,5 k €
Net result4,0 k €-2,3 k €1,8 k €3,5 k €
Balance sheet
Equity8,5 k €4,6 k €6,8 k €5,0 k €
Total assets70,2 k €21,5 k €16,7 k €19,2 k €
Cash9,0 k €9,4 k €8,9 k €16,7 k €
Debts61,7 k €16,9 k €9,9 k €13,1 k €
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Frankie Timmers

Director · since 02 octobre 2020

Active

Ended mandates

Frankie Timmers

Mandate

Ended
Annual accounts

Full financial information

2024202320222021
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202202/10/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months15 months
Filing date28/08/202506/06/202506/06/202524/01/2023
General meeting30/06/202528/06/202430/06/202324/06/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202528/08/2025DutchPDF
Micro model31/12/202328/06/202406/06/2025DutchPDF
Micro model31/12/202230/06/202306/06/2025DutchPDF
Micro model31/12/202124/06/202224/01/2023DutchPDF
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.

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 · 1 active · 1 ended

Active mandates

Frankie Timmers

Director · since 02 octobre 2020

Active

Ended mandates

Frankie Timmers

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/10/2020
    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. 2024
    Annual accounts 20244,0 k €↑
  2. 2023
    Annual accounts 2023-2,3 k €↓
  3. 2022
    Annual accounts 20221,8 k €↓
  4. 2021
    Annual accounts 20213,5 k €
  5. 02/10/2020
    IncorporationPrivate limited company