OPENING OF BANKRUPTCY

FRAEYE TECHNICS

Financial year 2020 · closed on 31/12/2020
Net result
33,9 k €
+3262.5% YoY
Revenue
82,7 k €
+1311.9% YoY
Equity
27,6 k €
+542.1% YoY

Company — Opening of bankruptcy.

What does FRAEYE TECHNICS do?

FRAEYE TECHNICS is a Private limited company incorporated in 2012. Its main activity is: Repair of machinery. Its registered office is in Menen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0849.031.102
Incorporation
30/08/2012
Legal form
Private limited company
Registered office
Wervikstraat 169
8930 Menen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2020
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20202019201820172016201520142013
Income statement
Revenue82,7 k €5,9 k €
EBITDA35,4 k €2,4 k €1,9 k €-2,7 k €7,4 k €17,7 k €19 k €10,4 k €
Operating result35,4 k €2,4 k €-2,1 k €-31,8 k €1,8 k €10,4 k €14,1 k €3,6 k €
Net result33,9 k €1 k €-2,3 k €-32,5 k €-11,8 k €6,7 k €12,1 k €2 k €
Balance sheet
Equity27,6 k €-6,3 k €-7,3 k €-5 k €27,5 k €39,3 k €32,7 k €20,6 k €
Total assets56,7 k €9,1 k €9 k €14,1 k €56,7 k €66,6 k €76,9 k €54,3 k €
Cash4,7 k €729,4 €314,5 €15,1 k €831,6 €
Debts29,1 k €15,4 k €14,7 k €16,5 k €26,6 k €25,9 k €43,2 k €33,7 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 1 ended

Active mandates

Tim Fraeye

Mandate

Active

Ended mandates

Tim Fraeye

Manager

Ended
Annual accounts

Full financial information

202020192018201720162015
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/10/202101/12/202030/08/201931/08/201831/08/201701/03/2017
General meeting29/05/202108/08/202025/05/201926/05/201827/05/201728/05/2016
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202029/05/202122/10/2021DutchPDF
Micro model31/12/201908/08/202001/12/2020DutchPDF
Micro model31/12/201825/05/201930/08/2019DutchPDF
Micro model31/12/201726/05/201831/08/2018DutchPDF
Micro model31/12/201627/05/201731/08/2017DutchPDF
Abridged model31/12/201528/05/201601/03/2017DutchPDF
Abridged model31/12/201430/05/201522/12/2016DutchPDF
Abridged model31/12/201331/05/201424/06/2014DutchPDF
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 31/12/2020 · 1 active · 1 ended

Active mandates

Tim Fraeye

Mandate

Active

Ended mandates

Tim Fraeye

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2020
    Annual accounts 202033,9 k €
  2. 2019
    Annual accounts 20191 k €
  3. 2019
    Name changeFRAEYE TECHNICS
  4. 2018
    Annual accounts 2018-2,3 k €
  5. 2017
    Annual accounts 2017-32,5 k €
  6. 2016
    Annual accounts 2016-11,8 k €
  7. 2015
    Annual accounts 20156,7 k €
  8. 2014
    Annual accounts 201412,1 k €
  9. 2013
    Annual accounts 20132 k €
  10. 2013
    Name changeElectima
  11. 30/08/2012
    IncorporationPrivate limited company