Financials
Financial year 2025
FRANGIPANI from Brugge, company number BE0417030219, closed financial year 2025 with a result of € 116,296 after tax. For that financial year FRANGIPANI recorded a gross margin of € 132,219 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 805,796 to € 116,296. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 1.7 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,296
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 308,428
▲ € 295,272 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.6 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 150,000
Loans from banks and other lenders, long and short.
€ 419
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,572
▲ € 55,635 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -33,021 | € 23,390 | € 1,168,895 | € 132,219 | ▼ 89% |
| Profit after taxes | € -98,949 | € -98,014 | € 805,796 | € 116,296 | ▼ 86% |
| Equity | € 1,084,403 | € 986,389 | € 1,567,185 | € 1,683,481 | ▲ 7% |
| Total debts | € 1,940,260 | € 1,947,728 | € 989,729 | € 966,971 | ▼ 2% |
| Cash | € 20,549 | € 20,501 | € 13,156 | € 308,428 | ▲ € 295,272 |
| Land & buildings | € 572,976 | € 521,180 | € 0 | - | |
| Retained profit | € 768,922 | € 670,908 | € 1,476,704 | € 1,593,000 | ▲ 8% |
| Bank debt | € 810,010 | € 1,125,000 | € 150,216 | € 150,000 | |
| Balance sheet total | € 3,024,663 | € 2,934,117 | € 2,846,544 | € 2,940,082 | ▲ 3% |
Key figures of FRANGIPANI, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to FRANGIPANI?
What happened at FRANGIPANI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 116,296 (▼ 86% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 98,949 loss in 2021 to € 116,296 profit in 2025.
Paid € 739 in corporate taxes since 2021.
Best year ever: 2024, with € 805,796 profit.
Management
Behind FRANGIPANI is Francis Ghekiere. It owns 99.9% of Red Morpho NV itself.
Directors
According to the 2025 annual accounts
Francis Ghekiere
Director
Establishments
Establishment units
Physical locations of this company
Augustijnenrei 15 box 8
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.030.219
- VAT number
- BE 0417.030.219
- Registered office
- Augustijnenrei 15 bus 8, 8000 Brugge
- Names & denominations
- FRANGIPANI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1977
- Peppol
- Active · Active since 13 Jan 2025
- Contact
- 0495/239045
- Activities · NACE
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