ACTIVE

FRAGO

Financial year 2025 · closed on 31/03/2025
Net result
67,9 k €
-1.9% YoY
Gross margin
232,2 k €
+3.8% YoY
Equity
343,5 k €
-15.5% YoY

What does FRAGO do?

FRAGO is a Private limited company incorporated in 2010. Its main activity is: Joinery installation. Its registered office is in Wommelgem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0824.512.371
Incorporation
29/03/2010
Legal form
Private limited company
Registered office
Rollebeekstraat 12
2160 Wommelgem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Joint committees (2)
  • 1240
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162014201320122011
Income statement
Gross margin232,2 k €223,7 k €204,2 k €210 k €199,1 k €213,5 k €259,4 k €308,3 k €296,2 k €288,2 k €197,6 k €149,8 k €165,1 k €158,2 k €
EBITDA137,7 k €140,5 k €126,4 k €109,2 k €118,2 k €145,2 k €145,8 k €202,3 k €203,8 k €184,1 k €145,7 k €103,1 k €116,3 k €75,8 k €
Operating result111,5 k €97 k €85,9 k €62,8 k €62,8 k €100,8 k €98,2 k €149 k €160,5 k €115,2 k €113,7 k €63,7 k €65,3 k €33 k €
Net result67,9 k €69,2 k €60,5 k €42,9 k €39,9 k €64,1 k €59 k €90,7 k €83,9 k €56,8 k €64,8 k €44,2 k €45,7 k €24,4 k €
Balance sheet
Equity343,5 k €406,5 k €347,9 k €426,1 k €494,8 k €465,5 k €476,8 k €428,4 k €338,4 k €254,5 k €197,6 k €132,8 k €88,7 k €43 k €
Total assets688,5 k €720,5 k €977,4 k €963,1 k €979,9 k €1 M €1 M €1 M €953,6 k €886,7 k €498 k €444,6 k €343,5 k €252,7 k €
Cash299 k €123,4 k €379,9 k €361,3 k €356,6 k €404,3 k €352,2 k €249,9 k €240,4 k €138 k €110,5 k €47,8 k €58,5 k €
Debts342,2 k €314 k €623,3 k €531 k €481,3 k €565,2 k €539,7 k €577,3 k €602,4 k €617,2 k €290,7 k €311,7 k €254,4 k €209,8 k €
Other
Workforce1,5 ETP1,0 ETP1,0 ETP1,0 ETP1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 4 ended

Active mandates

Jozef Van Gorp

Director · since 28 avril 2010

Active
Davy Van Gorp

Director

Active

Ended mandates

Jozef Van Gorp

Manager · since 28 avril 2010

Ended
Dave Van Gorp

Director · since 29 mars 2010

Ended
Dave Van Gorp

Manager · since 29 mars 2010

Ended
Davy Van Gorp

Director · since 18 janvier 2010

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/10/202529/10/202407/12/202302/11/202228/10/202122/10/2020
General meeting18/09/202530/09/202410/11/202306/10/202230/09/202124/09/2020
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202518/09/202521/10/2025DutchPDF
Micro model31/03/202430/09/202429/10/2024DutchPDF
Micro model31/03/202310/11/202307/12/2023DutchPDF
Micro model31/03/202206/10/202202/11/2022DutchPDF
Micro model31/03/202130/09/202128/10/2021DutchPDF
Micro model31/03/202024/09/202022/10/2020DutchPDF
Micro model31/03/201919/09/201924/10/2019DutchPDF
Micro model31/03/201820/09/201826/10/2018DutchPDF
Micro model31/03/201721/09/201726/10/2017DutchPDF
Abridged model31/03/201615/09/201627/10/2016DutchPDF
Abridged model31/12/201418/06/201528/08/2015DutchPDF
Abridged model31/12/201319/06/201430/09/2014DutchPDF
Abridged model31/12/201220/06/201330/09/2013DutchPDF
Abridged model31/12/201121/06/201219/12/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/03/2025 · 2 active · 4 ended

Active mandates

Jozef Van Gorp

Director · since 28 avril 2010

Active
Davy Van Gorp

Director

Active

Ended mandates

Jozef Van Gorp

Manager · since 28 avril 2010

Ended
Dave Van Gorp

Director · since 29 mars 2010

Ended
Dave Van Gorp

Manager · since 29 mars 2010

Ended
Davy Van Gorp

Director · since 18 janvier 2010

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/01/2016
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/06/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/04/2010
    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 202567,9 k €
  2. 2024
    Annual accounts 202469,2 k €
  3. 2023
    Annual accounts 202360,5 k €
  4. 2022
    Annual accounts 202242,9 k €
  5. 2021
    Annual accounts 202139,9 k €
  6. 2020
    Annual accounts 202064,1 k €
  7. 2019
    Annual accounts 201959 k €
  8. 2018
    Annual accounts 201890,7 k €
  9. 2017
    Annual accounts 201783,9 k €
  10. 2016
    Annual accounts 201656,8 k €
  11. 2014
    Annual accounts 201464,8 k €
  12. 2013
    Annual accounts 201344,2 k €
  13. 2012
    Annual accounts 201245,7 k €
  14. 2011
    Annual accounts 201124,4 k €
  15. 29/03/2010
    IncorporationPrivate limited company