Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FRAPA IMMOBILIERE from Brussel, company number BE0428718620, closed financial year 2025 with a result of € -6,085 after tax. For that financial year FRAPA IMMOBILIERE recorded a gross margin of € 241,017 and equity of € 302,711. Compared with financial year 2024, the result moved from € -103,053 to € -6,085. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 302,711
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,085
▲ 94 % less loss than in 2024
Profit after tax over the fiscal year.
€ 23,877
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 240,711.
Debts at end 2025
€ 937,974
▼ 5% vs 2024
€ 55,016 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 3,279
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 179,126 | € 99,574 | € 136,356 | € 241,017 | ▲ 77% |
| Profit after taxes | € -37,650 | € -112,517 | € -103,053 | € -6,085 | ▲ € 96,969 |
| Equity | € 2,302,366 | € 2,189,849 | € 308,796 | € 302,711 | ▼ 2% |
| Total debts | € 27,185 | € 52,482 | € 1,800,085 | € 1,739,799 | ▼ 3% |
| Cash | € 58,688 | € 69,247 | € 65,997 | € 23,877 | ▼ 64% |
| Land & buildings | € 1,801,054 | € 1,702,816 | € 1,611,466 | € 1,522,540 | ▼ 6% |
| Retained profit | € 462,366 | € 349,849 | € 246,796 | € 240,711 | ▼ 2% |
| Bank debt | € 1,174 | € 0 | € 991,290 | € 937,974 | ▼ 5% |
| Balance sheet total | € 2,347,855 | € 2,253,140 | € 2,115,942 | € 2,048,635 | ▼ 3% |
Key figures of FRAPA IMMOBILIERE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FRAPA IMMOBILIERE?
What happened at FRAPA IMMOBILIERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick Verbeiren stepped down as director. NBB
- Sébastien Verbeiren stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6,085. filed late Source: NBB ↗
- Patrick Verbeiren became a director. NBB
- Sébastien Verbeiren became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,650 loss in 2022 to € 6,085 loss in 2025.
Management
Establishments
Establishment units
Physical locations of this company
Middelweg 134B
1130 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0428.718.620
- VAT number
- BE 0428.718.620
- Registered office
- Middelweg 134B, 1130 Brussel
- Names & denominations
- FRAPA IMMOBILIERE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1986
- Peppol
- Not registered