OPENING OF BANKRUPTCY

FRD EXCELLENCE CONSTRUCT

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Financial year 2024 · closed on 31/12/2024

Net result

-173,7 k €

-6191.5% YoY

Gross margin

183,9 k €

+28.8% YoY

Equity

-136,5 k €

-466.7% YoY

Workforce

5,5 ETP

+83.3% YoY

Company — Opening of bankruptcy.

Strike-off: 23 juin 2026

What does FRD EXCELLENCE CONSTRUCT do?

FRD EXCELLENCE CONSTRUCT is a Private company with limited liability incorporated in 2011. Its main activity is: Construction of buildings. Its registered office is in Charleroi. It employs on average 5,5 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0836.675.082

Incorporation

31/05/2011

Legal form

Private company with limited liability

Registered office

Rue de Soleilmont 15
6043 Charleroi · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Average workforce

5,5 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43211Electrical installation 43211Electrical installation

Joint committees (2)

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	183,9 k €	+28.8%	142,7 k €	-54.1%	311 k €	+52.4%	204,1 k €	-7.5%	220,8 k €	+322%	52,3 k €	-45.8%	96,5 k €	-47.8%	184,9 k €	+21.0%	152,8 k €	-26.8%	208,6 k €	-5.6%	220,8 k €	+72.2%	128,2 k €	+33.3%	96,2 k €
EBITDA	-54,3 k €	-277%	30,6 k €	-83.0%	179,8 k €	+71.6%	104,8 k €	-18.6%	128,8 k €	+234%	-96,2 k €	-96.8%	-48,9 k €	-165%	74,8 k €	+183%	26,5 k €	-66.0%	78 k €	+42.0%	54,9 k €	-4.1%	57,3 k €	+317%	13,7 k €
Operating result	-136,6 k €	-1596%	9,1 k €	-68.4%	28,9 k €	-67.6%	89,3 k €	-21.8%	114,1 k €	+203%	-110,5 k €	-48.9%	-74,2 k €	-269%	43,9 k €	+400%	-14,6 k €	-142%	35,2 k €	+39.4%	25,3 k €	-30.6%	36,4 k €	+1786%	-2,2 k €
Net result	-173,7 k €	-6191%	-2,8 k €	-121%	13,2 k €	-82.8%	76,9 k €	-22.3%	99 k €	+186%	-115 k €	-29.7%	-88,7 k €	-431%	26,8 k €	+160%	-44,6 k €	-334%	19,1 k €	+56.3%	12,2 k €	-55.3%	27,3 k €	+670%	-4,8 k €
Balance sheet
Equity	-136,5 k €	-467%	37,2 k €	-6.9%	40 k €	+49.5%	26,7 k €	+153%	-50,2 k €	+66.4%	-149,2 k €	-336%	-34,2 k €	-163%	54,5 k €	+96.5%	27,7 k €	-60.0%	69,4 k €	+41.8%	48,9 k €	+33.2%	36,7 k €	+290%	9,4 k €
Total assets	257,8 k €	-26.2%	349,3 k €	-1.8%	355,9 k €	-11.5%	402 k €	+33.5%	301,1 k €	-45.7%	554,7 k €	+4.4%	531,1 k €	-7.0%	570,8 k €	-3.5%	591,5 k €	+23.1%	480,6 k €	+61.3%	298 k €	+174%	108,9 k €	+19.9%	90,8 k €
Cash	19,1 k €	+654%	2,5 k €	-41.6%	4,3 k €	-87.1%	33,6 k €	+282%	8,8 k €	+181%	3,1 k €	-31.7%	4,6 k €	-53.8%	9,9 k €	-83.1%	58,6 k €	+535%	9,2 k €	-42.2%	16 k €	-26.0%	21,6 k €	+2833%	736 €
Debts	394,3 k €	+26.3%	312,1 k €	-1.2%	315,9 k €	-15.8%	375,3 k €	+6.9%	351,2 k €	-50.1%	703,9 k €	+24.5%	565,3 k €	+9.5%	516,3 k €	-8.4%	563,8 k €	+37.1%	411,3 k €	+76.1%	233,6 k €	+246%	67,6 k €	-17.0%	81,4 k €
Other
Workforce	5,5 ETP	+83.3%	3,0 ETP	0.0%	3,0 ETP		–		3,8 ETP	+5.6%	3,6 ETP	-40.0%	6,0 ETP	0.0%	6,0 ETP	+5.3%	5,7 ETP	-13.6%	6,6 ETP	0.0%	6,6 ETP	+32.0%	5,0 ETP	+150%	2,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 3 ended

Active mandates

Didier DEPASSE

Manager

Active

François DEPASSE

Manager

Active

Rudy DEPASSE

Manager

Active

Ended mandates

Didier DEPASSE

Mandate

Ended

François DEPASSE

Mandate

Ended

Rudy DEPASSE

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
FRD FUSION● Bankrupt	0653.895.014

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2025	17/06/2024	29/11/2023	19/07/2022	11/06/2021	15/06/2020
General meeting	25/06/2025	04/06/2024	27/11/2023	07/06/2022	03/06/2021	09/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	25/06/2025	09/07/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	17/06/2024	French	PDF
Abridged model	31/12/2022	27/11/2023	29/11/2023	French	PDF
Micro model	31/12/2021	07/06/2022	19/07/2022	French	PDF
Abridged model	31/12/2020	03/06/2021	11/06/2021	French	PDF
Abridged model	31/12/2019	09/06/2020	15/06/2020	French	PDF
Abridged model	31/12/2018	29/09/2019	17/12/2019	French	PDF
Abridged model	31/12/2017	30/08/2018	13/09/2018	French	PDF
Abridged model	31/12/2016	14/07/2017	17/07/2017	French	PDF
Abridged model	31/12/2015	09/05/2016	11/05/2016	French	PDF
Abridged model	31/12/2014	02/12/2015	11/12/2015	French	PDF
Abridged model	31/12/2013	23/09/2014	24/10/2014	French	PDF
Abridged model	31/12/2012	04/06/2013	17/09/2013	French	PDF

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 · 3 active · 3 ended

Active mandates

Didier DEPASSE

Manager

Active

François DEPASSE

Manager

Active

Rudy DEPASSE

Manager

Active

Ended mandates

Didier DEPASSE

Mandate

Ended

François DEPASSE

Mandate

Ended

Rudy DEPASSE

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office22/05/2014
SIEGE SOCIAL
PDF
Other14/06/2011
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 2024-173,7 k €↓
2023
Annual accounts 2023-2,8 k €↓
2022
Annual accounts 202213,2 k €↓
2021
Annual accounts 202176,9 k €↓
2020
Annual accounts 202099 k €↑
2019
Annual accounts 2019-115 k €↓
2018
Annual accounts 2018-88,7 k €↓
2017
Annual accounts 201726,8 k €↑
2016
Annual accounts 2016-44,6 k €↓
2015
Annual accounts 201519,1 k €↑
2014
Annual accounts 201412,2 k €↓
2013
Annual accounts 201327,3 k €↑
2012
Annual accounts 2012-4,8 k €
31/05/2011
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FRD EXCELLENCE CONSTRUCT

Overview

What does FRD EXCELLENCE CONSTRUCT do?

Trend over 13 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline