Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fracarita International from Gent, company number BE0811110832, closed financial year 2025 with a result of € 1 million after tax. For that financial year Fracarita International recorded a gross margin of € 1.3 million and equity of € -18,805. Compared with financial year 2024, the result moved from € 732,868 to € 1 million. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ -18,805
▲ € 924,870 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 35,719
▲ 128% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 128,713
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 5,775
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 253
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,214
▼ 20% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -968,004 | € 332,630 | € 1,048,916 | € 1,258,024 | ▲ 20% |
| Profit after taxes | € -1,203,641 | € -141,568 | € 732,868 | € 1,020,245 | ▲ 39% |
| Equity | € -1,534,975 | € -1,676,543 | € -943,675 | € -18,805 | ▲ € 924,870 |
| Total debts | € 3,125,905 | € 2,992,836 | € 1,968,402 | € 1,024,242 | ▼ 48% |
| Cash | € 1,044,411 | € 31,653 | € 15,695 | € 35,719 | ▲ 128% |
| Land & buildings | € 219,031 | - | - | - | |
| Retained profit | € -2,766,811 | € -2,908,379 | € -2,175,511 | € -1,155,266 | ▲ € 1 million |
| Bank debt | € 1,982,815 | € 1,896,708 | € 11,604 | € 5,775 | ▼ 50% |
| Balance sheet total | € 1,590,931 | € 1,316,293 | € 1,024,727 | € 1,005,437 | ▼ 2% |
| Employees (FTE) | 1.4 | 1 | 0 | - |
Key figures of Fracarita International, 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 Fracarita International?
What happened at Fracarita International in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▲ 39% vs 2024). Source: NBB ↗
- John O'SHEA became a director. NBB
- Luc Van Dyck stepped down as director. NBB
- Bambang HARTOTANOJO became a director. NBB
- John FITZGERALD became a director. NBB
- Gerard SIMPAMAGAYE became a director. NBB
- Luc Van Dyck became a director. NBB
- New establishment in Gent. KBO
In short
From € 1.2 million loss in 2022 to € 1 million profit in 2025.
Best year ever: 2025, with € 1 million profit.
On average € 332,600 of value added per employee in 2023.
Management
Behind Fracarita International are John O'SHEA, Bambang HARTOTANOJO, John FITZGERALD and Gerard SIMPAMAGAYE. John FITZGERALD is also behind INTERNATIONAL INSTITUTE CANON TRIEST.
Directors
According to the 2025 annual accounts
John O'SHEA
Director
since 2025
Bambang HARTOTANOJO
Director
since 2024
since 2024
Gerard SIMPAMAGAYE
Director
since 2024
Luc Van Dyck
Director
since 2024 · until 2025
Establishments
Establishment units
Physical locations of this company
Stropstraat 119
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0811.110.832
- VAT number
- BE 0811.110.832
- Registered office
- Stropstraat 119, 9000 Gent
- Names & denominations
- Fracarita International
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 10 April 2009
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
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