FRAEYE is a furniture maker in Ardooie. Public Limited, started on 25 May 1987, 1 establishment.

What is the address of FRAEYE?

The registered office of FRAEYE is located at Brugsebaan 4D, 8850 Ardooie.

Is FRAEYE still active?

Yes. According to the CBE (30 October 2026) FRAEYE is active, legal situation “Normale toestand”, started on 25 May 1987.

Is FRAEYE registered on Peppol?

Yes, FRAEYE is registered on the Peppol network with ID 0208:0431237056.

What is the enterprise number of FRAEYE?

The enterprise number of FRAEYE is BE0431237056.

When was FRAEYE founded?

FRAEYE was founded on 25 May 1987.

Who are the directors of FRAEYE?

According to the 2025 annual accounts, the directors of FRAEYE are: Majere BV, Fraest BV.

Is FRAEYE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 May 1987; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FRAEYE make in 2025?

FRAEYE posted a profit after taxes of € 43,256 in financial year 2025.

What is the revenue of FRAEYE?

As a small company, FRAEYE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,083,188.

How much does an employee at FRAEYE earn?

The average wage cost per full-time employee at FRAEYE was € 66,600 in 2025: staff costs of € 2.9 million for 43.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FRAEYE have?

According to the 2025 annual accounts, FRAEYE has 43.3 full-time equivalents (FTE).

FRAEYE (Public Limited) - Ardooie - BE0431237056

Dossier FRAEYE, printed on 30 October 2026 from databakkes.be/en/0431237056/fraeye. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FRAEYE from Ardooie, company number BE0431237056, closed financial year 2025 with a result of € 43,256 after tax. For that financial year FRAEYE recorded a gross margin of € 3.1 million and equity of € 898,567. Compared with financial year 2024, the result moved from € 94,888 to € 43,256. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 15, 2026.

What it is worth Growing

€ 898,567

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 43,256

▼ 54% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 488,111

▼ 64% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 773,567.

People and assets in 2025

Full-time equivalents

43.3

▲ 2.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.9 million

▲ 5% vs 2024

€ 66,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 224,812

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 569,791

▼ 2% vs 2024

€ 118,220 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 310,699

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 354,372

▲ 9% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,859,903 Gross margin 2022: € 2,859,903 First fiscal year in the series	€ 2,979,513 Gross margin 2023: € 2,979,513 ▲ 4% vs 2022 (€ 2,859,903) Favourable step	€ 3,194,810 Gross margin 2024: € 3,194,810 ▲ 7% vs 2023 (€ 2,979,513) Favourable step	€ 3,083,188 Gross margin 2025: € 3,083,188 ▼ 3% vs 2024 (€ 3,194,810) Unfavourable step	▼ 3%
Profit after taxes	€ 328,589 Profit after taxes 2022: € 328,589 First fiscal year in the series	€ 192,746 Profit after taxes 2023: € 192,746 ▼ 41% vs 2022 (€ 328,589) Unfavourable step	€ 94,888 Profit after taxes 2024: € 94,888 ▼ 51% vs 2023 (€ 192,746) Unfavourable step	€ 43,256 Profit after taxes 2025: € 43,256 ▼ 54% vs 2024 (€ 94,888) Unfavourable step	▼ 54%
Equity	€ 717,677 Equity 2022: € 717,677 First fiscal year in the series	€ 760,423 Equity 2023: € 760,423 ▲ 6% vs 2022 (€ 717,677) Favourable step	€ 855,311 Equity 2024: € 855,311 ▲ 12% vs 2023 (€ 760,423) Favourable step	€ 898,567 Equity 2025: € 898,567 ▲ 5% vs 2024 (€ 855,311) Favourable step	▲ 5%
Total debts	€ 3,312,133 Total debts 2022: € 3,312,133 First fiscal year in the series	€ 6,274,363 Total debts 2023: € 6,274,363 ▲ 89% vs 2022 (€ 3,312,133) Unfavourable step	€ 5,056,571 Total debts 2024: € 5,056,571 ▼ 19% vs 2023 (€ 6,274,363) Favourable step	€ 6,098,892 Total debts 2025: € 6,098,892 ▲ 21% vs 2024 (€ 5,056,571) Unfavourable step	▲ 21%
Cash	€ 403,582 Cash 2022: € 403,582 First fiscal year in the series	€ 857,422 Cash 2023: € 857,422 ▲ 112% vs 2022 (€ 403,582) Favourable step	€ 1,368,966 Cash 2024: € 1,368,966 ▲ 60% vs 2023 (€ 857,422) Favourable step	€ 488,111 Cash 2025: € 488,111 ▼ 64% vs 2024 (€ 1,368,966) Unfavourable step	▼ 64%
Land & buildings	€ 1,223 Land & buildings 2022: € 1,223 First fiscal year in the series	€ 0 Land & buildings 2023: € 0 ▼ 100% vs 2022 (€ 1,223) Unchanged	-	-
Retained profit	€ 592,677 Retained profit 2022: € 592,677 First fiscal year in the series	€ 635,423 Retained profit 2023: € 635,423 ▲ 7% vs 2022 (€ 592,677) Favourable step	€ 730,311 Retained profit 2024: € 730,311 ▲ 15% vs 2023 (€ 635,423) Favourable step	€ 773,567 Retained profit 2025: € 773,567 ▲ 6% vs 2024 (€ 730,311) Favourable step	▲ 6%
Dividend	€ 290,000 Dividend 2022: € 290,000 First fiscal year in the series	€ 150,000 Dividend 2023: € 150,000 ▼ 48% vs 2022 (€ 290,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 150,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 141,368 Bank debt 2022: € 141,368 First fiscal year in the series	€ 672,513 Bank debt 2023: € 672,513 ▲ € 531,145 vs 2022 (€ 141,368) Unfavourable step	€ 579,312 Bank debt 2024: € 579,312 ▼ 14% vs 2023 (€ 672,513) Favourable step	€ 569,791 Bank debt 2025: € 569,791 ▼ 2% vs 2024 (€ 579,312) Favourable step	▼ 2%
Balance sheet total	€ 4,029,810 Balance sheet total 2022: € 4,029,810 First fiscal year in the series	€ 7,034,786 Balance sheet total 2023: € 7,034,786 ▲ 75% vs 2022 (€ 4,029,810) Unchanged	€ 5,911,882 Balance sheet total 2024: € 5,911,882 ▼ 16% vs 2023 (€ 7,034,786) Unchanged	€ 6,997,458 Balance sheet total 2025: € 6,997,458 ▲ 18% vs 2024 (€ 5,911,882) Unchanged	▲ 18%
Employees (FTE)	41.5 Employees (FTE) 2022: 41.5 First fiscal year in the series	40.3 Employees (FTE) 2023: 40.3 ▼ 1.2 vs 2022 (41.5) Unchanged	40.8 Employees (FTE) 2024: 40.8 ▲ 0.5 vs 2023 (40.3) Unchanged	43.3 Employees (FTE) 2025: 43.3 ▲ 2.5 vs 2024 (40.8) Unchanged	▲ 2.5

Key figures of FRAEYE, 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 FRAEYE?

What happened at FRAEYE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Majere BV stepped down as director. NBB
2030 Fraest BV stepped down as director. NBB
Sep 15, 2026 New annual accounts for financial year 2025: profit of € 43,256 (▼ 54% vs 2024). filed late Source: NBB ↗
2024 Majere BV became a director. NBB
2024 Fraest BV became a director. NBB
Jun 10, 1987 New establishment in Ardooie. KBO
May 25, 1987 Start of the company according to the CBE. KBO

In short

From € 328,589 profit in 2022 to € 43,256 profit in 2025.

Paid € 160,844 in corporate taxes since 2022.

Best year ever: 2022, with € 328,589 profit.

On average € 71,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Majere BV

Director · represented by Fraeye Bert

Also active at: FRAVERT

since 2024 · until 2030

Fraest BV

Director · represented by Fraeye Pieter

Also active at: FRAVERT

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Brugsebaan 4D

8850 Ardooie

2.030.936.906

Brugsebaan 4 D

8850 Ardooie

Active since 10 June 1987

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 →

EENHEID FRAVERT

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0431.237.056

VAT number

BE 0431.237.056

Registered office

Brugsebaan 4D, 8850 Ardooie

Names & denominations

FRAEYE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

25 May 1987

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen

Vervaardiging van stoelen en zitmeubelen voor woningen en kantoren

View on CBE Public ↗ Annual accounts (NBB) ↗