FRATEL is a wholesaler in Binche. Private Limited, started on 22 February 1990, 1 establishment.

What is the address of FRATEL?

The registered office of FRATEL is located at Rue de l'Octroi(PER) 6, 7134 Binche.

Is FRATEL still active?

Yes. According to the CBE (29 October 2026) FRATEL is active, legal situation “Normale toestand”, started on 22 February 1990.

Is FRATEL registered on Peppol?

Yes, FRATEL is registered on the Peppol network with ID 0208:0440411771.

What is the enterprise number of FRATEL?

The enterprise number of FRATEL is BE0440411771.

When was FRATEL founded?

FRATEL was founded on 22 February 1990.

Who are the directors of FRATEL?

According to the 2024 annual accounts, the directors of FRATEL are: SMG SRL, AJE MANAGEMENT SRL, FRACANO SRL.

Is FRATEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 February 1990; 4 annual accounts filed, latest fiscal year 2024; 3 directors known from the annual account.

How much profit did FRATEL make in 2024?

FRATEL posted a profit after taxes of € 5,530 in financial year 2024.

What is the revenue of FRATEL?

As a small company, FRATEL is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 106,549.

FRATEL (Private Limited) - Binche - BE0440411771

Dossier FRATEL, printed on 29 October 2026 from databakkes.be/en/0440411771/fratel. 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 51 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

FRATEL from Binche, company number BE0440411771, closed financial year 2024 with a result of € 5,530 after tax. For that financial year FRATEL recorded a gross margin of € 106,549 and equity of € 28,254. Compared with financial year 2023, the result moved from € 8,109 to € 5,530. 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 August 30, 2025.

What it is worth Growing

€ 28,254

▲ 24% vs 2023

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

Profit Healthy

€ 5,530

▼ 32% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 20,356

▲ 107% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 9,662.

People and assets in 2024

Wage cost

€ 74,160

▲ 16% vs 2023

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

€ 5,263

▼ 55% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 3 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.

€ 33,303

▲ 110% vs 2023

€ 9,988 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 43,165

▼ 16% vs 2023

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

Taxes and wages

€ 20,316

▼ 13% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 46,952 Gross margin 2021: € 46,952 First fiscal year in the series	€ 95,219 Gross margin 2022: € 95,219 ▲ 103% vs 2021 (€ 46,952) Favourable step	€ 114,612 Gross margin 2023: € 114,612 ▲ 20% vs 2022 (€ 95,219) Favourable step	€ 106,549 Gross margin 2024: € 106,549 ▼ 7% vs 2023 (€ 114,612) Unfavourable step	▼ 7%
Profit after taxes	€ 11,155 Profit after taxes 2021: € 11,155 First fiscal year in the series	€ 42,227 Profit after taxes 2022: € 42,227 ▲ 279% vs 2021 (€ 11,155) Favourable step	€ 8,109 Profit after taxes 2023: € 8,109 ▼ 81% vs 2022 (€ 42,227) Unfavourable step	€ 5,530 Profit after taxes 2024: € 5,530 ▼ 32% vs 2023 (€ 8,109) Unfavourable step	▼ 32%
Equity	€ -27,612 Equity 2021: € -27,612 First fiscal year in the series	€ 14,615 Equity 2022: € 14,615 ▲ € 42,227 vs 2021 (€ -27,612) Favourable step	€ 22,724 Equity 2023: € 22,724 ▲ 55% vs 2022 (€ 14,615) Favourable step	€ 28,254 Equity 2024: € 28,254 ▲ 24% vs 2023 (€ 22,724) Favourable step	▲ 24%
Total debts	€ 224,810 Total debts 2021: € 224,810 First fiscal year in the series	€ 215,635 Total debts 2022: € 215,635 ▼ 4% vs 2021 (€ 224,810) Favourable step	€ 226,437 Total debts 2023: € 226,437 ▲ 5% vs 2022 (€ 215,635) Unfavourable step	€ 333,436 Total debts 2024: € 333,436 ▲ 47% vs 2023 (€ 226,437) Unfavourable step	▲ 47%
Cash	€ 22,717 Cash 2021: € 22,717 First fiscal year in the series	€ 14,997 Cash 2022: € 14,997 ▼ 34% vs 2021 (€ 22,717) Unfavourable step	€ 9,843 Cash 2023: € 9,843 ▼ 34% vs 2022 (€ 14,997) Unfavourable step	€ 20,356 Cash 2024: € 20,356 ▲ 107% vs 2023 (€ 9,843) Favourable step	▲ 107%
Retained profit	€ -46,204 Retained profit 2021: € -46,204 First fiscal year in the series	€ -3,977 Retained profit 2022: € -3,977 ▲ € 42,227 vs 2021 (€ -46,204) Favourable step	€ 4,132 Retained profit 2023: € 4,132 ▲ € 8,109 vs 2022 (€ -3,977) Favourable step	€ 9,662 Retained profit 2024: € 9,662 ▲ 134% vs 2023 (€ 4,132) Favourable step	▲ 134%
Bank debt	€ 39,021 Bank debt 2021: € 39,021 First fiscal year in the series	€ 26,658 Bank debt 2022: € 26,658 ▼ 32% vs 2021 (€ 39,021) Favourable step	€ 15,827 Bank debt 2023: € 15,827 ▼ 41% vs 2022 (€ 26,658) Favourable step	€ 33,303 Bank debt 2024: € 33,303 ▲ 110% vs 2023 (€ 15,827) Unfavourable step	▲ 110%
Balance sheet total	€ 197,198 Balance sheet total 2021: € 197,198 First fiscal year in the series	€ 230,250 Balance sheet total 2022: € 230,250 ▲ 17% vs 2021 (€ 197,198) Unchanged	€ 249,161 Balance sheet total 2023: € 249,161 ▲ 8% vs 2022 (€ 230,250) Unchanged	€ 361,690 Balance sheet total 2024: € 361,690 ▲ 45% vs 2023 (€ 249,161) Unchanged	▲ 45%

Key figures of FRATEL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to FRATEL?

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

Aug 30, 2025 New annual accounts for financial year 2024: profit of € 5,530 (▼ 32% vs 2023). filed late Source: NBB ↗
2024 SMG SRL became a director. NBB
2024 AJE MANAGEMENT SRL became a director. NBB
2024 FRACANO SRL became a director. NBB
Apr 26, 1990 New establishment in Binche. KBO
Feb 22, 1990 Start of the company according to the CBE. KBO

In short

From € 11,155 profit in 2021 to € 5,530 profit in 2024.

Paid € 13,542 in corporate taxes since 2021.

Best year ever: 2022, with € 42,227 profit.

Original PDFs at the National Bank ↗

Management

GIARRA GROUP HOLDING 100%

The stake of GIARRA GROUP HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FRATEL

Behind FRATEL are SMG SRL, AJE MANAGEMENT SRL and FRACANO SRL. The shares are held by GIARRA GROUP HOLDING (100%).

Directors

According to the 2024 annual accounts

SMG SRL

Director · represented by GUILLAUME GIARRA

Also active at: ASIE A TIK, ASIE-A-TIK FRANCHISING, LA VITA E BELLA !, La Mise en Cène

since 2024

AJE MANAGEMENT SRL

Director · represented by ALEXANDRE GIARRA

Also active at: ASIE A TIK, ASIE-A-TIK FRANCHISING, LA VITA E BELLA !, La Mise en Cène

since 2024

FRACANO SRL

Director · represented by FRANCESCO GIARRA

Also active at: ASIE A TIK, ASIE-A-TIK FRANCHISING, LA VITA E BELLA !, La Mise en Cène

since 2024

Shareholders

GIARRA GROUP HOLDING

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de l'Octroi(PER) 6

7134 Binche

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

ASIE A TIK same network

€ 1.2 million gross margin · 2025

IMMOBILIERE GIARRA

€ 131,636 gross margin · 2025

ASIE-A-TIK FRANCHISING same network

€ 52,154 gross margin · 2025

LA VITA E BELLA ! same network

€ 1.1 million gross margin · 2025

La Mise en Cène same network

€ 1.1 million gross margin · 2025

+2 more

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

Details

Company number

0440.411.771

VAT number

BE 0440.411.771

Registered office

Rue de l'Octroi(PER) 6, 7134 Binche

Names & denominations

FRATEL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 February 1990

Peppol

Active · Active since 4 Feb 2026

Activities · NACE

Groothandel in andere voedingsmiddelen, neg

Groothandel in groenten en fruit, muv consumptieaardappelen

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Groothandel in huishoudtextiel en beddengoed

Vervaardiging van bereide maaltijden en schotels

View on CBE Public ↗ Annual accounts (NBB) ↗

FRATEL

Warning lights

Financials

What happened to FRATEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions