Financials
Financial year 2025
FRAPOLY from Balen, company number BE0820053836, closed financial year 2025 with a result of € 158,961 after tax. For that financial year FRAPOLY recorded a gross margin of € 97,075 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 266,827 to € 158,961. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 2.1 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 158,961
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 198,393
▲ 170% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 78,482
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 401,394
▼ 12% vs 2024
€ 57,711 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 2,635
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,208
▼ 52% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 192,708 | € 146,898 | € 124,285 | € 97,075 | ▼ 22% |
| Profit after taxes | € 889,738 | € 366,811 | € 266,827 | € 158,961 | ▼ 40% |
| Equity | € 1,658,385 | € 2,025,196 | € 1,971,323 | € 2,130,284 | ▲ 8% |
| Total debts | € 843,045 | € 572,973 | € 513,354 | € 429,979 | ▼ 16% |
| Cash | € 102,338 | € 225,075 | € 73,467 | € 198,393 | ▲ 170% |
| Land & buildings | € 635,263 | € 622,320 | € 605,201 | € 580,418 | ▼ 4% |
| Retained profit | € 1,332,685 | € 1,699,496 | € 1,966,323 | € 2,125,284 | ▲ 8% |
| Dividend | € 301,184 | € 0 | € 0 | € 0 | |
| Bank debt | € 562,473 | € 510,714 | € 457,046 | € 401,394 | ▼ 12% |
| Balance sheet total | € 2,580,131 | € 2,674,369 | € 2,558,352 | € 2,631,412 | ▲ 3% |
Key figures of FRAPOLY, 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 FRAPOLY?
What happened at FRAPOLY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 158,961 (▼ 40% vs 2024). Source: NBB ↗
- Valeriia Radchenko became a director. NBB
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 889,738 profit in 2022 to € 158,961 profit in 2025.
Paid € 254,923 in corporate taxes since 2022.
Best year ever: 2022, with € 889,738 profit.
Paid out € 301,184 in dividends to the owners in total.
Management
Behind FRAPOLY are Frank Schepens and Valeriia Radchenko. It owns 99.5% of Zenoba and 50% of Bass Tech Europe itself.
Directors
According to the 2025 annual accounts
Valeriia Radchenko
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Zwarte Dreef 22
2490 Balen
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
- 0820.053.836
- VAT number
- BE 0820.053.836
- Registered office
- Zwarte Dreef 22, 2490 Balen
- Names & denominations
- FRAPOLY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2009
- Peppol
- Active · Active since 24 Jun 2025
- Activities · NACE
Activiteiten van holdings
Holdings