Financials
Financial year 2024
Worth noting
- Little cash and receivables against the short-term debts.
- Figures corrected afterwards (2024).
Revenue
€ 2.8 million
▲ 41% vs 2023
Profit
Growing€ 3.5 million
▲ 209% vs 2023
Debts
Low€ 5.5 million
▲ 11% vs 2023
FRAEYE GROUP from Kruisem, company number BE0859708327, closed financial year 2024 with a result of € 3.5 million after tax. For that financial year FRAEYE GROUP recorded revenue of € 2.8 million and equity of € 9.9 million. Compared with financial year 2023, the result moved from € 1.1 million to € 3.5 million. Profitable, and profit is growing. 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 February 26, 2026.
What happened at FRAEYE GROUP?
What happened at FRAEYE GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Mike Fraeye became a director. NBB
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 151,521 profit in 2022 to € 3.5 million profit in 2024.
Paid € 922,597 in corporate taxes since 2022.
Best year ever: 2024, with € 3.5 million profit.
Paid out € 2.4 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Behind FRAEYE GROUP is Mike Fraeye. It owns 100% of Vary BV, 100% of Fraeye Invest, 100% of Carfac and 100% of Computers And Communications itself.
Directors
According to the 2024 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Leedsestraat (WAN) 20
9772 Kruisem
Ambachtsstraat 8
9700 Oudenaarde
Active since 1 January 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
Details
- Company number
- 0859.708.327
- VAT number
- BE 0859.708.327
- Registered office
- Leedsestraat (WAN) 20, 9772 Kruisem
- Names & denominations
- FRAEYE GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2003
- Peppol
- Active · Active since 14 Jan 2025
- Contact
- Mike.Fraeye@carfac.com
- Activities · NACE
Activiteiten van holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Holdings
Diverse administratieve activiteiten ten behoeve van kantoren