ACTIVE

FRANK DE SY

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Financial year 2024 · Closed on 31/12/2024

Net result191,1 k €-5,7 %over 1 year

Gross margin570,8 k €+27,3 %over 1 year

Equity1,1 M €+12,6 %over 1 year

Workforce1,8 ETP+38,5 %over 1 year

Identity

Source · BCE/KBO

FRANK DE SY is a Public limited company incorporated in 2004. Its registered office is in Evergem. It employs on average 1,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0870.617.659
Incorporation: 14/12/2004
Legal form: Public limited company
Registered office: Finlandstraat 9
9940 Evergem · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2024
Average workforce: 1,8 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	570,8 k €	+27.3%	448,5 k €	-13.0%	515,7 k €	+27.8%	403,5 k €	+4.3%	386,8 k €
EBITDA	456,5 k €	+26.6%	360,8 k €	-20.6%	454,6 k €	+33.0%	341,9 k €	+7.2%	319 k €
Operating result	253,9 k €	+8.2%	234,6 k €	-30.2%	336,2 k €	+42.7%	235,6 k €	+11.7%	210,9 k €
Net result	191,1 k €	-5.7%	202,6 k €	-15.3%	239,1 k €	+32.5%	180,6 k €	+10.7%	163,1 k €
Balance sheet
Equity	1,1 M €	+12.6%	969,7 k €	+4.9%	924,6 k €	+25.0%	739,5 k €	+22.4%	603,9 k €
Total assets	1,9 M €	-9.3%	2,1 M €	+65.0%	1,3 M €	+10.6%	1,2 M €	-1.6%	1,2 M €
Cash	128,6 k €	-28.9%	180,9 k €	-39.6%	299,4 k €	+50.1%	199,5 k €	-25.2%	266,8 k €
Debts	837,9 k €	-27.8%	1,2 M €	+218%	365,3 k €	-14.4%	426,9 k €	-26.6%	581,2 k €
Other
Workforce	1,8 ETP	+38.5%	1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP	-23.1%	1,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 5 ended

Active mandates

FRANK DE SY

Managing director

Active

GERTJAN DE SY

Director

Active

PASCALE ROEGIERS

Managing director

Active

Ended mandates

GERTJAN DE SY

Director · since 08 juin 2023

Ended

FRANK DE SY

Director

Ended

FRANK DE SY

Administrator - manager

Ended

GERT-JAN DE SY

Director

Ended

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	06/10/2025	19/12/2024	27/10/2023	02/09/2022	30/11/2021	25/09/2020
General meeting	03/10/2025	06/12/2024	21/09/2023	31/08/2022	30/11/2021	11/09/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	03/10/2025	06/10/2025	Dutch	PDF
Abridged model	31/12/2023	06/12/2024	19/12/2024	Dutch	PDF
Abridged model	31/12/2022	21/09/2023	27/10/2023	Dutch	PDF
Abridged model	31/12/2021	31/08/2022	02/09/2022	Dutch	PDF
Abridged model	31/12/2020	30/11/2021	30/11/2021	Dutch	PDF
Abridged model	31/12/2019	11/09/2020	25/09/2020	Dutch	PDF
Abridged model	31/12/2018	10/10/2019	14/10/2019	Dutch	PDF
Abridged model	31/12/2017	10/09/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	02/11/2017	30/11/2017	Dutch	PDF
Abridged model	31/12/2015	16/09/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	31/08/2015	15/09/2015	Dutch	PDF
Abridged model	31/12/2013	01/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	21/11/2013	29/11/2013	Dutch	PDF
Abridged model	31/12/2011	21/03/2013	21/03/2013	Dutch	PDF
Abridged model	31/12/2010	17/11/2011	17/11/2011	Dutch	PDF
Abridged model	31/12/2009	15/11/2010	29/11/2010	Dutch	PDF
Abridged model	31/12/2008	22/12/2009	30/12/2009	Dutch	PDF
Abridged model	31/12/2007	01/12/2008	30/12/2008	Dutch	PDF
Abridged model	31/12/2006	20/12/2007	09/01/2008	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 5 ended

Active mandates

FRANK DE SY

Managing director

Active

GERTJAN DE SY

Director

Active

PASCALE ROEGIERS

Managing director

Active

Ended mandates

GERTJAN DE SY

Director · since 08 juin 2023

Ended

FRANK DE SY

Director

Ended

FRANK DE SY

Administrator - manager

Ended

GERT-JAN DE SY

Director

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2014
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office04/05/2006
MAATSCHAPPELIJKE ZETEL
PDF
Other28/12/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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

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Timeline

2024
Annual accounts 2024191,1 k €↓
2023
Annual accounts 2023202,6 k €↓
2022
Annual accounts 2022239,1 k €↑
2021
Annual accounts 2021180,6 k €↑
2020
Annual accounts 2020163,1 k €↑
2019
Annual accounts 2019104 k €↑
2018
Annual accounts 201894,4 k €↑
2017
Annual accounts 201732,2 k €↓
2016
Annual accounts 201688,9 k €↑
2015
Annual accounts 201547 k €↑
2014
Annual accounts 201413,4 k €↓
2013
Annual accounts 201341,6 k €↓
2012
Annual accounts 201248,4 k €↑
2011
Annual accounts 201136,4 k €↓
2010
Annual accounts 201078,9 k €↑
2009
Annual accounts 20094,8 k €↓
2008
Annual accounts 200862,9 k €↑
2007
Annual accounts 200727,4 k €
14/12/2004
IncorporationPublic limited company

FRANK DE SY

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline