ACTIVE

FRI-PHARMA

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Financial year 2024 · closed on 31/12/2024
Net result
418,4 k €
-53.8% YoY
Gross margin
819,2 k €
-48.5% YoY
Equity
6,1 M €
+7.4% YoY
Workforce
5,4 ETP
-32.5% YoY

What does FRI-PHARMA do?

FRI-PHARMA is a Public limited company incorporated in 2004. Its main activity is: Warehousing and storage. Its registered office is in Tongeren-Borgloon. It employs on average 5,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0866.926.117
Incorporation
25/08/2004
Legal form
Public limited company
Registered office
Heersterveldweg 11
3700 Tongeren-Borgloon · FlandreSee on map
Contributed capital
377 770,00 €
Latest accounts
31/12/2024
Average workforce
5,4 ETP
Activities (NACE)
52100Warehousing and storage· main52100Warehousing and storage63121Web portals63122Web portals
Joint committees (2)
  • 14003
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin819,2 k €1,6 M €8,5 M €4,8 M €2,9 M €2,9 M €2,9 M €2,6 M €2,8 M €2,7 M €3 M €3,1 M €2,9 M €2,6 M €-51 k €-21,5 k €-15 k €-3,5 k €
EBITDA179 k €1 M €7,9 M €3,9 M €2,4 M €2,4 M €2,5 M €2,2 M €2,4 M €2,4 M €2,7 M €2,8 M €2,7 M €2,5 M €-58,9 k €-22,1 k €-15,6 k €-4,2 k €
Operating result156,9 k €975,2 k €6,3 M €767,1 k €347,8 k €381,6 k €476,1 k €285,7 k €693 k €615,6 k €918,2 k €1,1 M €1 M €884,3 k €-58,9 k €-109,5 k €-15,6 k €-4,2 k €
Net result418,4 k €905,3 k €5 M €483,4 k €174,5 k €148,7 k €190,5 k €-51 k €268,3 k €220,5 k €399,7 k €491,2 k €444,1 k €311,9 k €-199,6 k €-105,6 k €-10,1 k €4,9 k €
Balance sheet
Equity6,1 M €5,6 M €4,7 M €1,7 M €2,7 M €2,7 M €2,7 M €3 M €3,2 M €3,4 M €3,6 M €3,5 M €3 M €2,7 M €2,2 M €502,6 k €298,3 k €308,4 k €
Total assets7,8 M €9,2 M €10 M €7,5 M €14,5 M €15,7 M €15,9 M €16,2 M €16,3 M €17,9 M €19,1 M €20,4 M €20,5 M €21,4 M €23,2 M €17,9 M €429,5 k €309,9 k €
Cash157,9 k €1,4 M €1,9 M €1,9 M €2,2 M €1,9 M €2 M €2 M €2 M €2,1 M €1,8 M €1,9 M €1,3 M €293,5 k €592,7 k €361,9 k €233,4 k €275 k €
Debts348,5 k €1,2 M €2,8 M €5,4 M €10,9 M €12,1 M €13,1 M €13,1 M €12,9 M €14,3 M €15,3 M €16,7 M €17,3 M €18,3 M €20,1 M €17,4 M €131,2 k €1,6 k €
Other
Workforce5,4 ETP8,0 ETP8,0 ETP8,0 ETP7,3 ETP6,5 ETP6,0 ETP6,0 ETP6,0 ETP6,0 ETP6,0 ETP5,0 ETP5,0 ETP3,7 ETP1,0 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 29 ended

Active mandates

ALFA ADVISORY

Managing director · since 31 janvier 2024 · until 30 mai 2030

Represented by Alain Meunier

Active
YWAG LUX

Managing director · since 31 janvier 2024 · until 30 mai 2030

Represented by Yves Weerts

Active

Ended mandates

Pascal WEERTS

Director · since 28 octobre 2021 · until 27 mai 2027

Ended
PASCAL WEERTS

Managing director · since 28 octobre 2021 · until 31 janvier 2024

Ended
PASCAL WEERTS

Managing director · since 28 octobre 2021 · until 27 mai 2027

Ended
YVES WEERTS

Director · since 28 octobre 2021 · until 31 janvier 2024

Ended
At this address

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WEERTS ENERGY PARKS● Active
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Annual accounts

Full financial information

202420232022202120192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/12/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202431/12/202331/12/202230/11/202131/12/201931/12/2018
Length of the financial year12 months12 months13 months23 months12 months12 months
Filing date25/06/202525/07/202403/07/202316/06/202231/08/202022/07/2019
General meeting19/06/202530/05/202425/05/202331/05/202225/08/202028/06/2019
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202419/06/202525/06/2025DutchPDF
Abridged model31/12/202330/05/202425/07/2024DutchPDF
Abridged modelCorrection31/12/202225/05/202303/07/2023DutchPDF
Abridged model31/12/202225/05/202313/06/2023DutchPDF
Abridged model30/11/202131/05/202216/06/2022DutchPDF
Abridged model31/12/201925/08/202031/08/2020FrenchPDF
Abridged model31/12/201828/06/201922/07/2019FrenchPDF
Abridged model31/12/201730/06/201818/07/2018FrenchPDF
Abridged model31/12/201630/06/201727/07/2017FrenchPDF
Abridged model31/12/201524/06/201604/07/2016FrenchPDF
Abridged model31/12/201410/06/201518/06/2015FrenchPDF
Abridged model31/12/201327/06/201411/07/2014FrenchPDF
Abridged model31/12/201230/05/201306/06/2013FrenchPDF
Abridged model31/12/201131/05/201207/06/2012FrenchPDF
Abridged model31/12/201022/06/201105/07/2011FrenchPDF
Abridged model31/12/200914/06/201014/07/2010FrenchPDF
Abridged model31/12/200803/06/200903/07/2009FrenchPDF
Abridged model31/12/200711/06/200823/06/2008FrenchPDF
Abridged model31/12/200631/05/200727/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024 · 2 active · 29 ended

Active mandates

ALFA ADVISORY

Managing director · since 31 janvier 2024 · until 30 mai 2030

Represented by Alain Meunier

Active
YWAG LUX

Managing director · since 31 janvier 2024 · until 30 mai 2030

Represented by Yves Weerts

Active

Ended mandates

Pascal WEERTS

Director · since 28 octobre 2021 · until 27 mai 2027

Ended
PASCAL WEERTS

Managing director · since 28 octobre 2021 · until 31 janvier 2024

Ended
PASCAL WEERTS

Managing director · since 28 octobre 2021 · until 27 mai 2027

Ended
YVES WEERTS

Director · since 28 octobre 2021 · until 31 janvier 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Registered office27/04/2023
    DIVERSEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office30/11/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/11/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring29/10/2021
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, 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

Timeline

  1. 2024
    Annual accounts 2024418,4 k €↓
  2. 2023
    Annual accounts 2023905,3 k €↓
  3. 2022
    Annual accounts 20225 M €↑
  4. 2021
    Annual accounts 2021483,4 k €↑
  5. 2021
    Name changeWEERTS LOGISTIC PARK XIII (A)
  6. 2019
    Annual accounts 2019174,5 k €↑
  7. 2018
    Annual accounts 2018148,7 k €↓
  8. 2017
    Annual accounts 2017190,5 k €↑
  9. 2016
    Annual accounts 2016-51 k €↓
  10. 2015
    Annual accounts 2015268,3 k €↑
  11. 2014
    Annual accounts 2014220,5 k €↓
  12. 2013
    Annual accounts 2013399,7 k €↓
  13. 2012
    Annual accounts 2012491,2 k €↑
  14. 2011
    Annual accounts 2011444,1 k €↑
  15. 2010
    Annual accounts 2010311,9 k €↑
  16. 2009
    Annual accounts 2009-199,6 k €↓
  17. 2008
    Annual accounts 2008-105,6 k €↓
  18. 2007
    Annual accounts 2007-10,1 k €↓
  19. 2006
    Annual accounts 20064,9 k €
  20. 2006
    Name changeFri-Pharma
  21. 25/08/2004
    IncorporationPublic limited company