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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Two loss years in a row NBB
Negative result in 2023 and 2025.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FRAPINA from Hamme (Vl.), company number BE0891816020, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year FRAPINA recorded a gross margin of € 110,867 and equity of € 556,990. Compared with financial year 2023, the result moved from € -98,907 to € -1.3 million. The company made a loss. The buffer shrank hard: equity is 69 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2025.
€ 556,990
▼ 69% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ 1169 % more loss than in 2023
Profit after tax over the fiscal year.
€ 500,434
▼ 20% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 433,752.
People and assets in 2025
€ 26,267
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,600
▲ 3% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 92,783 | € -3,381 | € 110,867 | ▲ € 114,248 |
| Profit after taxes | € -94,029 | € -98,907 | € -1,254,825 | ▼ € 1.2 million |
| Equity | € 1,058,325 | € 1,811,815 | € 556,990 | ▼ 69% |
| Total debts | € 5,953,681 | € 2,272,311 | € 890,065 | ▼ 61% |
| Cash | € 60,533 | € 626,916 | € 500,434 | ▼ 20% |
| Retained profit | € 956,045 | € 1,688,577 | € 433,752 | ▼ 74% |
| Balance sheet total | € 7,012,006 | € 4,084,126 | € 1,447,055 | ▼ 65% |
Key figures of FRAPINA, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to FRAPINA?
What happened at FRAPINA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.3 million. Source: NBB ↗
- Nathalie DE HAUWERE became a director. NBB
- Philip DE HAUWERE became a director. NBB
- Nelly EECKHOUT stepped down as director. NBB
- Jan DE HAUWERE stepped down as director. NBB
- Nelly EECKHOUT became a director. NBB
- Jan DE HAUWERE became a director. NBB
- New establishment in Hamme (Vl.). KBO
In short
From € 94,029 loss in 2021 to € 1.3 million loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FRAPINA are Nathalie DE HAUWERE and Philip DE HAUWERE. It owns 100% of MAPINA itself.
Directors
According to the 2025 annual accounts
Nathalie DE HAUWERE
Bestuurder
Also active at: Naphil, FLEETWOOD, STINGRAY, TIFFANYS FASHION, TEXANEL
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Zwaarveld 41 box D
9220 Hamme (Vl.)
Zwaarveld 41 D
9220 Hamme (Vl.)
Active since 4 September 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →PARO - TUBE
€ 78,025 gross margin · 2025
VENCO
€ 620,780 gross margin · 2025
Gust Projectontwikkeling
€ 538,539 gross margin · 2024
DE BEULE TECHNICS
€ 856,651 gross margin · 2025
BTWE DE BEULE INDUSTRIE
+10 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
- 0891.816.020
- VAT number
- BE 0891.816.020
- Registered office
- Zwaarveld 41 bus D, 9220 Hamme (Vl.)
- Names & denominations
- FRAPINA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2007
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings