OPENING OF BANKRUPTCY

FRAIMCO

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Financial year 2023 · closed on 31/03/2023

Net result

3,5 k €

+112.8% YoY

Gross margin

214,7 k €

-20.0% YoY

Equity

679,7 k €

+0.5% YoY

Workforce

3,0 ETP

-28.6% YoY

Company — Opening of bankruptcy.

What does FRAIMCO do?

FRAIMCO is a Private limited company incorporated in 2007. Its main activity is: Public relations and communication activities. Its registered office is in Dilbeek. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0886.574.753

Incorporation

19/01/2007

Legal form

Private limited company

Registered office

Itterbeeksebaan 383 box 1
1701 Dilbeek · FlandreSee on map

Contributed capital

571 218,55 €

Latest accounts

31/03/2023

Average workforce

3,0 ETP

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 74141Specialised design activities 41102Development of building projects 68122Buying and selling of own real estate

Joint committees (5)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2010		2009		2008
Income statement
Gross margin	214,7 k €	-20.0%	268,4 k €	-30.6%	386,7 k €	-1.4%	392,2 k €	-11.8%	444,6 k €	+2.3%	434,5 k €	-15.8%	515,9 k €	-25.8%	695,5 k €	-11.3%	784,3 k €	+42.4%	550,8 k €	-24.4%	728,2 k €	+1306%	51,8 k €	-61.2%	133,4 k €	+74.2%	76,6 k €
EBITDA	141,1 k €	+7.6%	131,2 k €	+8.0%	121,4 k €	+19.5%	101,6 k €	-17.3%	122,9 k €	+112%	58,1 k €	-71.7%	205 k €	-38.1%	331,3 k €	-24.7%	439,9 k €	+19.8%	367,2 k €	+70.1%	215,9 k €	+594%	31,1 k €	-76.5%	132,4 k €	+104%	65 k €
Operating result	46,4 k €	+89.1%	24,5 k €	-37.2%	39 k €	+41.7%	27,6 k €	-19.8%	34,3 k €	+293%	-17,8 k €	-114%	128,1 k €	-51.4%	263,5 k €	-29.8%	375,5 k €	+38.6%	270,9 k €	+497%	45,4 k €	+1261%	-3,9 k €	-104%	100,5 k €	+227%	30,7 k €
Net result	3,5 k €	+113%	-27,7 k €	-296%	14,1 k €	+69.5%	8,3 k €	-29.2%	11,8 k €	+142%	-28 k €	-134%	82,1 k €	-59.2%	201,3 k €	+342%	45,5 k €	-65.6%	132,2 k €	+174%	-177,9 k €	-702%	-22,2 k €	-2519%	917,2 €	-88.0%	7,6 k €
Balance sheet
Equity	679,7 k €	+0.5%	676,2 k €	-3.9%	703,9 k €	+2.0%	689,8 k €	+1.2%	681,5 k €	+1.8%	669,7 k €	-44.5%	1,2 M €	+7.3%	1,1 M €	+21.8%	922,3 k €	+5.2%	876,7 k €	+17.8%	744,6 k €	+24.0%	600,3 k €	-3.6%	622,5 k €	+0.1%	621,6 k €
Total assets	1,5 M €	-6.1%	1,6 M €	+3.6%	1,5 M €	+7.8%	1,4 M €	-9.3%	1,6 M €	+12.4%	1,4 M €	-36.6%	2,2 M €	+4.2%	2,1 M €	+1.9%	2,1 M €	+0.5%	2,1 M €	-18.6%	2,5 M €	-12.9%	2,9 M €	+23.5%	2,4 M €	+11.0%	2,1 M €
Cash	5,7 k €	-93.4%	87,5 k €	+181%	31,2 k €	+17.1%	26,6 k €	+73.6%	15,3 k €	+166%	5,8 k €	-91.1%	65 k €	-56.4%	148,9 k €	+2734%	5,3 k €	-34.1%	8 k €	+29.8%	6,1 k €	+218%	1,9 k €	-94.6%	36 k €	-36.0%	56,3 k €
Debts	820,3 k €	-11.0%	921,4 k €	+10.0%	837,6 k €	+13.1%	740,6 k €	-17.2%	895 k €	+22.1%	732,8 k €	-26.2%	992,6 k €	-0.6%	998,2 k €	-13.9%	1,2 M €	+1.1%	1,1 M €	-21.0%	1,5 M €	-37.6%	2,3 M €	+33.6%	1,7 M €	+15.2%	1,5 M €
Other
Workforce	3,0 ETP	-28.6%	4,2 ETP	-30.0%	6,0 ETP	+11.1%	5,4 ETP	-14.3%	6,3 ETP	-18.2%	7,7 ETP	+14.9%	6,7 ETP	-1.5%	6,8 ETP	0.0%	6,8 ETP	+74.4%	3,9 ETP	+62.5%	2,4 ETP		–		–		–

Governance

Board of directors

Seen on filing of 31/03/2023 · 1 active · 3 ended

Active mandates

ELFA CREA

Director · since 26 mars 2017 · 0656.984.859

Represented by Frederik Ragé

Active

Ended mandates

ELFA CREA

Director · since 26 mars 2017 · 0656.984.859

Represented by Ragé Frederik

Ended

ELFA CREA

Manager · since 26 mars 2017 · 0656.984.859

Represented by Ragé Frederik

Ended

Frederik Ragé

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BM GENITO● Active	0724.559.712

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2022	01/04/2021	01/04/2020	01/04/2019	01/04/2018	01/04/2017
Closing of the financial year	31/03/2023	31/03/2022	31/03/2021	31/03/2020	31/03/2019	31/03/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/11/2023	08/11/2022	28/10/2021	09/11/2020	30/10/2019	05/11/2018
General meeting	15/09/2023	16/09/2022	17/09/2021	09/10/2020	20/09/2019	21/09/2018
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2023	15/09/2023	30/11/2023	Dutch	PDF
Abridged model	31/03/2022	16/09/2022	08/11/2022	Dutch	PDF
Abridged model	31/03/2021	17/09/2021	28/10/2021	Dutch	PDF
Abridged model	31/03/2020	09/10/2020	09/11/2020	Dutch	PDF
Abridged model	31/03/2019	20/09/2019	30/10/2019	Dutch	PDF
Abridged model	31/03/2018	21/09/2018	05/11/2018	Dutch	PDF
Abridged model	31/03/2017	15/09/2017	10/11/2017	Dutch	PDF
Abridged model	31/03/2016	16/09/2016	21/09/2016	Dutch	PDF
Abridged model	31/03/2015	18/09/2015	29/10/2015	Dutch	PDF
Abridged model	31/03/2014	19/09/2014	17/10/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	07/11/2013	Dutch	PDF
Abridged model	31/03/2012	21/09/2012	26/11/2012	Dutch	PDF
Abridged model	30/06/2010	20/12/2010	16/02/2011	Dutch	PDF
Abridged model	30/06/2009	08/02/2010	16/02/2010	Dutch	PDF
Abridged model	30/06/2008	15/12/2008	13/02/2009	Dutch	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 31/03/2023 · 1 active · 3 ended

Active mandates

ELFA CREA

Director · since 26 mars 2017 · 0656.984.859

Represented by Frederik Ragé

Active

Ended mandates

ELFA CREA

Director · since 26 mars 2017 · 0656.984.859

Represented by Ragé Frederik

Ended

ELFA CREA

Manager · since 26 mars 2017 · 0656.984.859

Represented by Ragé Frederik

Ended

Frederik Ragé

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/09/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Mandates14/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring07/07/2016
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/03/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other23/12/2014
DOEL
PDF
Registered office04/03/2014
MAATSCHAPPELIJKE ZETEL
PDF
Registered office07/07/2011
MAATSCHAPPELIJKE ZETEL - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

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2023
Annual accounts 20233,5 k €↑
2022
Annual accounts 2022-27,7 k €↓
2021
Annual accounts 202114,1 k €↑
2020
Annual accounts 20208,3 k €↓
2019
Annual accounts 201911,8 k €↑
2018
Annual accounts 2018-28 k €↓
2016
Annual accounts 201682,1 k €↓
2015
Annual accounts 2015201,3 k €↑
2014
Annual accounts 201445,5 k €↓
2013
Annual accounts 2013132,2 k €↑
2012
Annual accounts 2012-177,9 k €↓
2010
Annual accounts 2010-22,2 k €↓
2009
Annual accounts 2009917,2 €↓
2008
Annual accounts 20087,6 k €
19/01/2007
IncorporationPrivate limited company

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

FRAIMCO

Overview

What does FRAIMCO do?

Trend over 14 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