Financials
Financial year 2026
FRAEYE CONCEPT from Lendelede, company number BE0784479580, closed financial year 2026 with a result of € -13,959 after tax. For that financial year FRAEYE CONCEPT recorded a gross margin of € -383 and equity of € 35,732. Compared with financial year 2025, the result moved from € 358 to € -13,959. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ 35,732
▼ 29% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,959
▼ still € 358 profit in 2025
Profit after tax over the fiscal year.
€ 440
▼ 93% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 35,612.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 30,468
▲ 90% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 16,133
€ 7,285 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 7,149
▼ 72% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 6,970
▲ 287% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 195,414 | € 58,966 | € 8,845 | € -383 | ▼ € 9,229 |
| Profit after taxes | € 52,127 | € 386 | € 358 | € -13,959 | ▼ € 14,317 |
| Equity | € 51,447 | € 50,999 | € 50,524 | € 35,732 | ▼ 29% |
| Total debts | € 74,721 | € 77,395 | € 37,150 | € 31,085 | ▼ 16% |
| Cash | € 15,084 | € 23,911 | € 6,375 | € 440 | ▼ 93% |
| Retained profit | € 51,327 | € 50,879 | € 50,404 | € 35,612 | ▼ 29% |
| Dividend | € 800 | € 833 | € 833 | € 833 | |
| Bank debt | € 15,422 | € 5,535 | € 0 | € 16,133 | |
| Balance sheet total | € 126,168 | € 128,394 | € 87,674 | € 66,817 | ▼ 24% |
| Employees (FTE) | 1.9 | 0.9 | - | - |
Key figures of FRAEYE CONCEPT, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to FRAEYE CONCEPT?
What happened at FRAEYE CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 13,959 (▼ € 14,317 vs 2025). Source: NBB ↗
- New establishment in Lendelede. KBO
- Kenny Fraeye became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 52,127 profit in 2023 to € 13,959 loss in 2026.
Paid € 17,911 in corporate taxes since 2023.
Best year ever: 2023, with € 52,127 profit.
On average € 102,800 of value added per employee in 2023.
Management
Behind FRAEYE CONCEPT is Kenny Fraeye.
Directors
According to the 2026 annual accounts
Kenny Fraeye
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Hulstemolenstraat 15
8860 Lendelede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0784.479.580
- VAT number
- BE 0784.479.580
- Registered office
- Hulstemolenstraat 15, 8860 Lendelede
- Names & denominations
- FRAEYE CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2022
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
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