ACTIVE

FRAX

Financial year 2025 · closed on 31/12/2025
Net result
258,5 k €
+8937.2% YoY
Gross margin
788,4 k €
+479.7% YoY
Equity
269,3 k €
+2380.0% YoY
Workforce
4,7 ETP
+147.4% YoY

What does FRAX do?

FRAX is a Private limited company incorporated in 2023. Its main activity is: Electrical installation. Its registered office is in Lille. It employs on average 4,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0801.379.158
Incorporation
03/05/2023
Legal form
Private limited company
Registered office
Brulens 28 box C
2275 Lille · FlandreSee on map
Contributed capital
8 000,00 €
Latest accounts
31/12/2025
Average workforce
4,7 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 2 financial years

20252024
Income statement
Gross margin788,4 k €136 k €
EBITDA428,7 k €24,1 k €
Operating result368,8 k €12,7 k €
Net result258,5 k €2,9 k €
Balance sheet
Equity269,3 k €10,9 k €
Total assets2,8 M €3 M €
Cash375,8 k €667,7 k €
Debts2,4 M €3 M €
Other
Workforce4,7 ETP1,9 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 · 4 active

Active mandates

Bob Hermans

Director · since 03 mai 2023

Active
Jimmy Van den Abbeele

Director · since 03 mai 2023

Active
JKGV

Director · since 03 mai 2023 · 0765.705.726

Represented by Jan Keustermans

Active
Yenthe Van Ginneken

Director · since 03 mai 2023

Active
At this address

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Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202502/05/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months20 months
Filing date17/06/202630/09/2025
General meeting16/06/202626/09/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202617/06/2026DutchPDF
Abridged model31/12/202426/09/202530/09/2025DutchPDF
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 · 4 active

Active mandates

Bob Hermans

Director · since 03 mai 2023

Active
Jimmy Van den Abbeele

Director · since 03 mai 2023

Active
JKGV

Director · since 03 mai 2023 · 0765.705.726

Represented by Jan Keustermans

Active
Yenthe Van Ginneken

Director · since 03 mai 2023

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/09/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Registered office24/02/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/12/2023
    BENAMING
    PDF
  • Other05/05/2023
    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 2025258,5 k €
  2. 2024
    Annual accounts 20242,9 k €
  3. 03/05/2023
    IncorporationPrivate limited company