ACTIVE

FUNPRACO

Financial year 2025 · closed on 30/09/2025
Net result
117,6 k €
+21.0% YoY
Gross margin
147,0 k €
+17.3% YoY
Equity
779,9 k €
+17.8% YoY

What does FUNPRACO do?

FUNPRACO is a Private limited company incorporated in 2008. Its main activity is: Activities of head offices. Its registered office is in Nazareth.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0807.094.537
Incorporation
14/10/2008
Legal form
Private limited company
Registered office
Zonnestraat 2 box D
9810 Nazareth · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin147,0 k €125,4 k €199,4 k €117,9 k €203,8 k €115,3 k €113,7 k €117,8 k €96,1 k €91,4 k €71,3 k €50,8 k €42,2 k €42,1 k €17,5 k €74,6 k €143,0 k €
EBITDA137,9 k €124,4 k €198,5 k €117,0 k €202,7 k €114,5 k €112,8 k €116,8 k €95,3 k €90,7 k €70,5 k €49,8 k €41,2 k €41,7 k €9,2 k €67,6 k €88,4 k €
Operating result122,0 k €108,9 k €191,0 k €115,1 k €196,8 k €114,1 k €112,0 k €108,3 k €78,5 k €80,0 k €59,3 k €37,5 k €32,3 k €32,6 k €19,9 k €59,5 k €58,2 k €
Net result117,6 k €97,2 k €132,5 k €81,1 k €138,1 k €79,1 k €76,6 k €83,2 k €47,9 k €45,8 k €38,6 k €28,6 k €23,7 k €24,7 k €12,7 k €44,5 k €41,2 k €
Balance sheet
Equity779,9 k €662,3 k €565,1 k €690,6 k €609,5 k €471,4 k €392,3 k €315,7 k €232,6 k €184,7 k €141,3 k €105,2 k €79,0 k €57,7 k €35,5 k €90,3 k €46,6 k €
Total assets879,3 k €1,4 M €808,4 k €787,6 k €723,8 k €574,6 k €505,8 k €419,3 k €395,7 k €331,9 k €283,7 k €224,3 k €201,0 k €199,1 k €194,3 k €193,1 k €125,1 k €
Cash13,0 k €83,6 k €126,5 k €623,7 k €202,8 k €101,6 k €73,5 k €73,3 k €274,9 k €87,6 k €5,0 k €48,3 k €116,3 k €108,3 k €89,5 k €135,8 k €84,3 k €
Debts31,8 k €622,4 k €175,7 k €29,3 k €46,7 k €35,5 k €45,9 k €35,9 k €95,6 k €79,6 k €74,7 k €51,5 k €54,4 k €73,8 k €91,2 k €42,3 k €24,7 k €
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 30/09/2025 · 2 active · 5 ended

Active mandates

Frederic Bulcaen

Director · since 22 octobre 2008

Active
Corinne Martens

Director

Active

Ended mandates

Frederic Bulcaen

Manager · since 22 octobre 2008

Ended
Frederic Bulcaen

Manager · since 14 octobre 2008

Ended
Frederic Bulcaen

bestuurder

Ended
Frederic Bulcaen

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
0477.036.102
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/02/202630/04/202529/02/202428/04/202306/04/202209/02/2021
General meeting29/12/202531/03/202522/01/202421/03/202328/02/202204/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202529/12/202506/02/2026DutchPDF
Micro model30/09/202431/03/202530/04/2025DutchPDF
Micro model30/09/202322/01/202429/02/2024DutchPDF
Micro model30/09/202221/03/202328/04/2023DutchPDF
Abridged model30/09/202128/02/202206/04/2022DutchPDF
Micro model30/09/202004/01/202109/02/2021DutchPDF
Micro model30/09/201928/02/202023/03/2020DutchPDF
Micro model30/09/201824/01/201912/02/2019DutchPDF
Micro model30/09/201721/03/201819/04/2018DutchPDF
Abridged model30/09/201624/01/201724/01/2017DutchPDF
Abridged model30/09/201514/12/201508/01/2016DutchPDF
Abridged model30/09/201421/03/201513/04/2015DutchPDF
Abridged model30/09/201307/01/201414/01/2014DutchPDF
Abridged model30/09/201230/01/201325/02/2013DutchPDF
Abridged model30/09/201128/11/201105/12/2011DutchPDF
Abridged model30/09/201014/12/201023/12/2010DutchPDF
Abridged model30/09/200922/03/201025/03/2010DutchPDF
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 30/09/2025 · 2 active · 5 ended

Active mandates

Frederic Bulcaen

Director · since 22 octobre 2008

Active
Corinne Martens

Director

Active

Ended mandates

Frederic Bulcaen

Manager · since 22 octobre 2008

Ended
Frederic Bulcaen

Manager · since 14 octobre 2008

Ended
Frederic Bulcaen

bestuurder

Ended
Frederic Bulcaen

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office29/01/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other22/10/2008
    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 2025117,6 k €
  2. 2024
    Annual accounts 202497,2 k €
  3. 2023
    Annual accounts 2023132,5 k €
  4. 2022
    Annual accounts 202281,1 k €
  5. 2021
    Annual accounts 2021138,1 k €
  6. 2020
    Annual accounts 202079,1 k €
  7. 2019
    Annual accounts 201976,6 k €
  8. 2018
    Annual accounts 201883,2 k €
  9. 2017
    Annual accounts 201747,9 k €
  10. 2016
    Annual accounts 201645,8 k €
  11. 2015
    Annual accounts 201538,6 k €
  12. 2014
    Annual accounts 201428,6 k €
  13. 2013
    Annual accounts 201323,7 k €
  14. 2012
    Annual accounts 201224,7 k €
  15. 2011
    Annual accounts 201112,7 k €
  16. 2010
    Annual accounts 201044,5 k €
  17. 2009
    Annual accounts 200941,2 k €
  18. 14/10/2008
    IncorporationPrivate limited company