FRASK is a property company in Oostende. Public Limited, started on 7 January 2004, 1 establishment.

What is the address of FRASK?

The registered office of FRASK is located at Northlaan 9 box 7.01, 8400 Oostende.

Is FRASK still active?

Yes. According to the CBE (29 October 2026) FRASK is active, legal situation “Normale toestand”, started on 7 January 2004.

Is FRASK registered on Peppol?

Yes, FRASK is registered on the Peppol network with ID 0208:0862505093.

What is the enterprise number of FRASK?

The enterprise number of FRASK is BE0862505093.

When was FRASK founded?

FRASK was founded on 7 January 2004.

It owns 100% of FRASK VASTGOEDONTWIKKELING, 100% of HARMONY and 24% of HELMGRAS HOLDING itself.

Is FRASK a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 January 2004; 5 annual accounts filed, latest fiscal year 2025.

How much profit did FRASK make in 2025?

FRASK posted a profit after taxes of € 140,444 in financial year 2025.

What is the revenue of FRASK?

As a small company, FRASK is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 799,267.

How much does an employee at FRASK earn?

The average wage cost per full-time employee at FRASK was € 66,700 in 2024: staff costs of € 86,771 for 1.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FRASK have?

According to the 2025 annual accounts, FRASK has 0.9 full-time equivalents (FTE).

FRASK (Public Limited) - Oostende - BE0862505093

Dossier FRASK, printed on 29 October 2026 from databakkes.be/en/0862505093/frask. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 1.6 to 0.9.

Financials

Financial year 2025

FRASK from Oostende, company number BE0862505093, closed financial year 2025 with a result of € 140,444 after tax. For that financial year FRASK recorded a gross margin of € 799,267 and equity of € 4.3 million. Compared with financial year 2024, the result moved from € -81,690 to € 140,444. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Growing

€ 4.3 million

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 140,444

▲ still € 81,690 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 885

▼ 99% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 4.2 million.

People and assets in 2025

Full-time equivalents

0.9

▼ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 80,173

▼ 8% 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.

Vehicles and equipment

€ 7,859

▼ 36% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 8.4 million

▼ 5% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 14,545

▼ 35% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 9,142

▼ 72% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,772,160 Gross margin 2022: € 1,772,160 First fiscal year in the series	€ 1,101,958 Gross margin 2023: € 1,101,958 ▼ 38% vs 2022 (€ 1,772,160) Unfavourable step	€ 585,735 Gross margin 2024: € 585,735 ▼ 47% vs 2023 (€ 1,101,958) Unfavourable step	€ 799,267 Gross margin 2025: € 799,267 ▲ 36% vs 2024 (€ 585,735) Favourable step	▲ 36%
Profit after taxes	€ 690,353 Profit after taxes 2022: € 690,353 First fiscal year in the series	€ 469,031 Profit after taxes 2023: € 469,031 ▼ 32% vs 2022 (€ 690,353) Unfavourable step	€ -81,690 Profit after taxes 2024: € -81,690 ▼ € 550,721 vs 2023 (€ 469,031) Unfavourable step	€ 140,444 Profit after taxes 2025: € 140,444 ▲ € 222,134 vs 2024 (€ -81,690) Favourable step	▲ € 222,134
Equity	€ 3,813,764 Equity 2022: € 3,813,764 First fiscal year in the series	€ 4,282,795 Equity 2023: € 4,282,795 ▲ 12% vs 2022 (€ 3,813,764) Favourable step	€ 4,201,105 Equity 2024: € 4,201,105 ▼ 2% vs 2023 (€ 4,282,795) Unfavourable step	€ 4,341,549 Equity 2025: € 4,341,549 ▲ 3% vs 2024 (€ 4,201,105) Favourable step	▲ 3%
Total debts	€ 13,131,036 Total debts 2022: € 13,131,036 First fiscal year in the series	€ 9,343,772 Total debts 2023: € 9,343,772 ▼ 29% vs 2022 (€ 13,131,036) Favourable step	€ 9,671,614 Total debts 2024: € 9,671,614 ▲ 4% vs 2023 (€ 9,343,772) Unfavourable step	€ 8,810,487 Total debts 2025: € 8,810,487 ▼ 9% vs 2024 (€ 9,671,614) Favourable step	▼ 9%
Cash	€ 114,338 Cash 2022: € 114,338 First fiscal year in the series	€ 149,423 Cash 2023: € 149,423 ▲ 31% vs 2022 (€ 114,338) Favourable step	€ 100,340 Cash 2024: € 100,340 ▼ 33% vs 2023 (€ 149,423) Unfavourable step	€ 885 Cash 2025: € 885 ▼ 99% vs 2024 (€ 100,340) Unfavourable step	▼ 99%
Land & buildings	€ 7,908,173 Land & buildings 2022: € 7,908,173 First fiscal year in the series	€ 6,275,006 Land & buildings 2023: € 6,275,006 ▼ 21% vs 2022 (€ 7,908,173) Unchanged	€ 5,748,617 Land & buildings 2024: € 5,748,617 ▼ 8% vs 2023 (€ 6,275,006) Unchanged	€ 5,331,560 Land & buildings 2025: € 5,331,560 ▼ 7% vs 2024 (€ 5,748,617) Unchanged	▼ 7%
Retained profit	€ 3,638,764 Retained profit 2022: € 3,638,764 First fiscal year in the series	€ 4,107,795 Retained profit 2023: € 4,107,795 ▲ 13% vs 2022 (€ 3,638,764) Favourable step	€ 4,026,105 Retained profit 2024: € 4,026,105 ▼ 2% vs 2023 (€ 4,107,795) Unfavourable step	€ 4,166,549 Retained profit 2025: € 4,166,549 ▲ 3% vs 2024 (€ 4,026,105) Favourable step	▲ 3%
Bank debt	€ 9,296,080 Bank debt 2022: € 9,296,080 First fiscal year in the series	€ 8,499,930 Bank debt 2023: € 8,499,930 ▼ 9% vs 2022 (€ 9,296,080) Favourable step	€ 8,811,542 Bank debt 2024: € 8,811,542 ▲ 4% vs 2023 (€ 8,499,930) Unfavourable step	€ 8,396,788 Bank debt 2025: € 8,396,788 ▼ 5% vs 2024 (€ 8,811,542) Favourable step	▼ 5%
Balance sheet total	€ 17,402,280 Balance sheet total 2022: € 17,402,280 First fiscal year in the series	€ 14,006,507 Balance sheet total 2023: € 14,006,507 ▼ 20% vs 2022 (€ 17,402,280) Unchanged	€ 14,200,486 Balance sheet total 2024: € 14,200,486 ▲ 1% vs 2023 (€ 14,006,507) Unchanged	€ 13,446,926 Balance sheet total 2025: € 13,446,926 ▼ 5% vs 2024 (€ 14,200,486) Unchanged	▼ 5%
Employees (FTE)	2.3 Employees (FTE) 2022: 2.3 First fiscal year in the series	1.6 Employees (FTE) 2023: 1.6 ▼ 0.7 vs 2022 (2.3) Unchanged	1.3 Employees (FTE) 2024: 1.3 ▼ 0.3 vs 2023 (1.6) Unchanged	0.9 Employees (FTE) 2025: 0.9 ▼ 0.4 vs 2024 (1.3) Unchanged	▼ 0.4

Key figures of FRASK, 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 FRASK?

What happened at FRASK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 30, 2026 New annual accounts for financial year 2025: profit of € 140,444. Source: NBB ↗
Jan 15, 2004 New establishment in Oostende. KBO
Jan 7, 2004 Start of the company according to the CBE. KBO

In short

From € 690,353 profit in 2022 to € 140,444 profit in 2025.

Paid € 893,892 in corporate taxes since 2022.

Best year ever: 2022, with € 690,353 profit.

On average € 450,600 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Northlaan 9 box 7.01

8400 Oostende

2.135.839.337

Northlaan 9 box 701

8400 Oostende

Active since 15 January 2004

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

FRASK VASTGOEDONTWIKKELING same network

€ 104,805 gross margin · 2025

JO AREND PROJECTS

HARMONY same network

€ 23,573 gross margin · 2025

FRASK DEVELOPMENT

FRASK PATRIMONIUM

+1 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0862.505.093

VAT number

BE 0862.505.093

Registered office

Northlaan 9 bus 7.01, 8400 Oostende

Names & denominations

FRASK

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

7 January 2004

Peppol

Active · Active since 8 Dec 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Activiteiten van syndici van onroerend goed

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van terreinen

Handel in eigen onroerend goed

Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗