Financials
Financial year 2025
FRAEST from Ingelmunster, company number BE0842724023, closed financial year 2025 with a result of € 39,358 after tax. For that financial year FRAEST recorded a gross margin of € 83,133 and equity of € 301,869. Compared with financial year 2024, the result moved from € 80,148 to € 39,358. 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 December 17, 2025.
€ 301,869
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,358
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 86,038
▲ 136% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7,911 paid out
20 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 9,680
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 219,367
▲ 16% vs 2024
€ 29,301 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 7,000
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,335
▼ 80% 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 | € 121,062 | € 111,077 | € 145,475 | € 83,133 | ▼ 43% |
| Profit after taxes | € 78,671 | € 29,100 | € 80,148 | € 39,358 | ▼ 51% |
| Equity | € 191,665 | € 220,765 | € 270,422 | € 301,869 | ▲ 12% |
| Total debts | € 65,429 | € 265,574 | € 272,699 | € 254,029 | ▼ 7% |
| Cash | € 29,348 | € 19,681 | € 36,514 | € 86,038 | ▲ 136% |
| Land & buildings | € 68,760 | € 248,000 | € 240,983 | € 249,802 | ▲ 4% |
| Retained profit | € 173,115 | € 202,215 | € 251,872 | € 283,319 | ▲ 12% |
| Dividend | € 0 | € 0 | € 30,491 | € 7,911 | ▼ 74% |
| Bank debt | € 0 | € 210,438 | € 188,828 | € 219,367 | ▲ 16% |
| Balance sheet total | € 257,094 | € 486,340 | € 543,121 | € 555,898 | ▲ 2% |
Key figures of FRAEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to FRAEST?
What happened at FRAEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,358 (▼ 51% vs 2024). Source: NBB ↗
- New establishment in Ingelmunster. KBO
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,671 profit in 2022 to € 39,358 profit in 2025.
Paid € 91,988 in corporate taxes since 2022.
Best year ever: 2024, with € 80,148 profit.
Paid out € 38,402 in dividends to the owners in total.
Management
Behind FRAEST is Pieter Fraeye. Pieter Fraeye is also behind FRAEYE and FRAVERT.
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 50
8770 Ingelmunster
Kortrijkstraat 48
8770 Ingelmunster
Active since 13 October 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0842.724.023
- VAT number
- BE 0842.724.023
- Registered office
- Kortrijkstraat 50, 8770 Ingelmunster
- Names & denominations
- FRAEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2012
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen