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FRAPACHIMMO

Absorbed by CQFD ASSURFINANCE KBO/BCE: BE 0478.830.107 subsidiary of CQFD Assurfinance
FRAPACHIMMO
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Overview

Lifetime

17 annual accounts with figures on one time axis, 20 filings since 2003
peak €38,224 (2008)
€19,528▼ 32.0%
peak €17,280 (2011)
€5,764▼ 53.9%
peak €139,490 (2020)
€126,622▼ 4.1%
€3,917▼ 49.6%
Board3 names since 2018
2 directors and 1 other
Owners
50%
Documentsfilings and deeds
26-05-202366 days before the deadline
2022micro format
Gross margin from €28,735 to €19,528Result from €12,517 to €5,764Amendment of the articles · Resignations & appointments 17-03Dividend €11,150Debts from €7,774 to €3,917Cash from €8,630 to €4,822

Key points

from the 2022 annual accounts, the last ones filed

Equity

€126,622 ▼ 4.1%
132,0072021+5,764Profit-11,150Dividend126,6222022

FRAPACHIMMO paid out €11,150 in dividends. That is 193% of the 2022 profit.

Profit

16 years
20182019202020212022

16 profitable years in a row. Profit 2022: €5,764.

Filings

20 annual accounts since 2003
AprilJune31 JulyOctober2005201020152020

Six of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Board and ownership

Director
Director
  • 100%equity €162,537 (2025) · deed of 24-08-2023
Board & ownership

Recent changes

Merger: absorbed by CQFD ASSURFINANCE Dissolution of the company · Dissolved without liquidation · CQFD ASSURFINANCE holds all the shares · Gazette deed
Merger proposal: to be absorbed by CQFD Assurfinance CQFD Assurfinance holds all the shares · Gazette deed
Amendment of the articles · Resignations & appointments Reappointments: (director) and (director) · General meeting of 01-03-2022 · Gazette deed
Resignation: (manager) General meeting of 15-12-2018 · Gazette deed
All 30 events

Official details

Source: KBO
Status
Absorbed by CQFD ASSURFINANCEmerger by absorption, August 2023
Activity
“La société a pour objet la gestion pour compte propre d'un patrimoine immobilier.” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2022

€21,600
€5,764▼ 53.9%
€126,622▼ 4.1%
€130,539▼ 6.6%
Filing
Filed on 26-05-2023
Financials

Insights on FRAPACHIMMO

Absorbed by CQFD ASSURFINANCE in August 2023. The last annual accounts are for financial year 2022. The company was dissolved without liquidation.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2022

micro format, filed on 26-05-2023, 66 days before the deadline
€21,600
€7,551
▼ 54.0%
€17,507
▼ 34.4%
€15,720
▼ 31.0%
97.0%
▲ 2.6 percentage points
1.23
▲ 0.12

Money flows

of every €100 of turnover, €26.69 remains as profit in 2022

Balance sheet

balance sheet total €130,539 on 31-12-2022
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 130,539139,782151,311138,214135,833129,923134,273139,112143,974151,435160,467173,175375,526389,429399,130413,228193,394
21/28 125,717131,152132,825125,558124,127127,346132,569137,792143,015148,238154,373160,509374,749388,101398,299411,059187,776
22/27 125,717131,152132,825125,558124,127127,346132,569137,792143,015148,238154,373160,509374,749388,101398,299411,059187,776
22 101,232106,455111,678116,900122,123127,346132,569137,792143,015148,238154,373160,509374,749388,101398,299411,059187,776
26 24,48524,69721,1478,6582,004------------
29/58 4,8228,63018,48612,65611,7062,5771,7041,3209593,1976,09412,6667771,3288312,1695,618
40/41 --1,2831,283-------------
41 --1,2831,283-------------
54/58 4,8228,63017,20311,24311,5822,4471,5791,1988403,0815,98612,6667771,3288312,1695,618
490/1 ---130124130125122119116108------
Balance sheet: equity and liabilities
10/49 130,539139,782151,311138,214135,833129,923134,273139,112143,974151,435160,467173,175375,526389,429399,130413,228193,394
10/15 126,622132,007139,490138,159127,720116,327103,72891,75982,97975,39368,78960,71343,43338,88735,42731,08830,322
10/11 21,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,000
100 ---21,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,00021,000
13 2,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,1003,232
130/1 -2,1002,100--------------
130 ---2,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,1002,100
1311 -2,1002,100--------------
132 ----------------1,132
133 2,100----------------
14 103,522108,907116,390115,059104,62093,22780,62868,65959,87952,29345,68937,61320,33315,78712,3277,9886,090
17/49 3,9177,77411,821548,11313,59630,54547,35360,99576,04291,678112,462332,093350,542363,703382,140163,072
17 ----3,0863,0867,29225,06042,02958,25473,73088,511303,199320,843337,187359,008151,814
170/4 ----3,0863,0867,29225,06042,02958,25473,73088,511303,199320,843337,187359,008151,814
42/48 3,9177,77411,821545,02710,51023,25322,29318,96617,78817,94823,95128,89429,69926,51623,13211,258
42 --4,510--4,20617,76816,96916,20515,45814,78014,11626,64525,46521,85023,12311,214
44 ---54--------641,854459--
440/4 ---54--------641,854459--
45 1,6877,7747,311-5,0276,3045,4855,3242,7612,3303,1689,8352,1852,3801,698-35
450/3 1,6877,7747,311-5,0276,3045,4855,3242,7612,3303,1689,8352,1852,3801,698-35
47/48 2,230-------------2,50999
Income statement
70 21,600----27,318-----------
76A -----------36,895-----
9900 19,52828,73527,50122,73126,09226,80725,74221,47920,07620,21923,03020,43836,11935,63638,22427,67118,966
60/61 2,072----513-----------
630 9,95610,2728,3276,5195,7245,2235,2235,2235,2236,1356,1356,13513,35214,02513,35513,1176,020
640/8 2,0212,0392,0262,0021,9691,9351,5071,4981,4701,4541,4141,7062,0782,0781,9891,5881,235
9901 7,55116,42417,14814,21018,39919,64919,01214,75813,38312,63015,48112,59720,68919,53322,88012,96611,711
75/76B ---00--14201415--81623
75 ---00--14201415--81623
65/66B 100133107531,9797461,5582,3063,0393,7164,41723,93014,59015,10616,85111,7747,826
65 100133107531,9797461,5582,3063,0393,7164,41723,93014,59015,10616,85111,7747,826
9903 7,45116,29217,04214,15716,42018,90317,45412,45310,3488,93411,07825,5776,0994,4276,0371,2083,908
67/77 1,6873,7743,7113,7175,0276,3045,4853,6732,7622,3303,0028,2971,5539671,6983871,931
9904 5,76412,51713,33110,44011,39312,59911,9698,7807,5866,6048,07617,2804,5463,4604,3398211,977
789 ----------------1,132
689 ----------------1,132
9905 5,76412,51713,33110,44011,39312,59911,9698,7807,5866,6048,07617,2804,5463,4604,3398211,977
Appropriation of the result
9906 114,672128,907128,390115,059104,62093,22780,62868,65959,87952,29345,68937,61320,33315,78712,3277,9886,090
14P 108,907116,390---------------
694/7 11,15020,00012,000--------------
694 11,150----------------
695 -20,00012,000--------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 26-05-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2022 micro format 26-05-2023 2023-00098707 PDF
31-12-2021 micro format 18-05-2022 2022-20031358 PDF
31-12-2020 micro format 03-07-2021 2021-31300147 PDF
31-12-2019 micro format 08-06-2020 2020-15500082 PDF
31-12-2018 micro format 28-08-2019 2019-54400577 PDF
31-12-2017 micro format 31-08-2018 2018-61000223 PDF
31-12-2016 micro format 25-08-2017 2017-47700238 PDF
31-12-2015 full format 23-08-2016 2016-45800595 PDF
31-12-2014 full format 25-08-2015 2015-46200420 PDF
31-12-2013 full format 22-08-2014 2014-44900254 PDF
31-12-2012 full format 29-08-2013 2013-49900347 PDF
31-12-2011 full format 20-08-2012 2012-42000372 PDF
31-12-2010 full format 18-08-2011 2011-40900208 PDF
31-12-2009 full format 29-07-2010 2010-37000040 PDF
31-12-2008 full format 18-08-2009 2009-58900323 PDF
31-12-2007 full format 19-06-2008 2008-26100084 PDF
31-12-2006 full format 27-06-2007 2007-30000061 PDF
31-12-2005 full format 29-05-2006 2006-17804620 PDF
31-12-2004 full format 02-06-2005 2005-20605044 PDF
31-12-2003 full format 03-06-2004 2004-20401880 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20222021202020192018201720162015201420132012201120102009200820072006
17,50726,69625,47520,72924,12324,87224,23519,98118,60618,76521,61618,73234,04133,55836,23526,08317,731
15,72022,78921,65716,95817,11717,82217,19214,00312,80912,73914,21123,41517,89817,48517,69413,9387,997
4,5218,59815,5947,9502,50500000-1-208,10503,827595236,400-
-3,808-8,5735,960-3399,135868381358-2,241-2,905-6,68011,889-551497-1,338-3,449-
9058566,66512,6016,679-7,933-21,549-20,973-18,007-14,591-11,854-11,285-28,117-28,371-25,685-20,963-5,640
35.0%----71.9%-----------
97.0%94.4%92.2%100.0%94.0%89.5%77.3%66.0%57.6%49.8%42.9%35.1%11.6%10.0%8.9%7.5%15.7%
1.231.111.56-2.330.250.070.060.050.180.340.530.030.040.030.090.50
0.030.060.080.000.060.120.290.520.741.011.331.857.659.0110.2712.295.38
4.6%9.5%9.6%7.6%8.9%10.8%11.5%9.6%9.1%8.8%11.7%28.5%10.5%8.9%12.2%2.6%6.5%
4.4%9.0%8.8%7.6%8.4%9.7%8.9%6.3%5.3%4.4%5.0%10.0%1.2%0.9%1.1%0.2%1.0%
over 100over 100---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20222021
Tangible fixed assets€4,521€8,598
€9,956€10,272

Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)

Insights on FRAPACHIMMO

The operating result for 2022 is 54% lower than in 2021 and the lowest since 2006. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 5.6% to 3.0%. Equity and debt are lower.

Board & ownership

Last board

2 directors, no change since 2018
Director (not named in the articles)
in office according to the deed of 17-03-2022 term without a fixed end
also on the board of 1 other company
Director (not named in the articles)
in office according to the deed of 17-03-2022 term without a fixed end

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Director (not named in the articles)

Director (not named in the articles)

Manager
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director (not named in the articles), since before 17-03-2022
    • Director (not named in the articles), since before 17-03-2022
    • Manager, until 15-12-2018

See the board, name and registered office on a given date →

Control

Parent
Equity €162,537
Loss €31,363 in 2025 (profit €14,222 in 2024)
Source: deed 24-08-2023
100%
This company
FRAPACHIMMO
Equity €126,622
Profit €5,764 in 2022

Capital

Contribution
€21,000
Source
2022 annual accounts

Articles of association

deed of 17-03-2022 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
210 shares
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Valeur fixée par expert choisi de commun accord ou défaut Président du Tribunal de l'Entreprise du siège statuant comme en référé…”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Après confirmation Tribunal de l'Entreprise compétent, plus étendus articles 2:87 et suivants CSA”

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 24-08-2023 ↗
  • all shares
Stated in the deed deed of 22-06-2023 ↗
  • all shares · 100%
Capital over time
  1. 17-03-2022 Converted to unavailable equity

Network & group

Group

has 1 holding (2022 accounts), the bar shows equity in euros
Parent1 holding, 1 country 2022 accounts

Belgium 1 Equity Result

  • BE FRAPACHIMO50%no longer active €126,622 result €5,764

Source: list of holdings in the 2022 accounts of . Every holding stands with its own latest accounts.

Acquisitions and mergers

1 transaction
Taken over by:CQFD ASSURFINANCE
BE 0445.814.077simplified merger · Gazette deed of 24-08-2023 (4 deeds)

Connections & network

2 last directors
Depth

The network lets you explore the ties of FRAPACHIMMO.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

30 events since 2002
2023
Merger: absorbed by CQFD ASSURFINANCEDissolution of the company · Dissolved without liquidation · CQFD ASSURFINANCE holds all the shares4 points ▸
  • CQFD ASSURFINANCE holds all the shares
  • Board composition, (director)
  • Board composition, (director)
  • Accounting effect, 01-01-2023
  • The deed holds 13 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: to be absorbed by CQFD AssurfinanceCQFD Assurfinance holds all the shares2 points ▸
  • CQFD Assurfinance holds all the shares
  • Accounting effect, 01-01-2023
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 66 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 74 days before the deadline
Amendment of the articles · Resignations & appointmentsReappointments: (director) and (director) · General meeting of 01-03-20226 points ▸
  • General meeting, 01-03-2022
  • Incorporation, 12-11-2002
  • Power of attorney,
  • Director reappointment, (director (not named in the articles))
  • Director reappointment, (director (not named in the articles))
  • Registered office clause, Chaussée de Charleroi 219 à 6220 Fleurus
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFmicro format · 28 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 53 days before the deadline
2019
Liquidity more than 100 times current ratio 233.50 The current ratio rises from 2.33 to 233.50. Short-term debt falls from €5,027 to €54.
Annual accounts 2018 filed PDFmicro format · 28 days late
Resignation: (manager)General meeting of 15-12-20182 points ▸
  • General meeting, 15-12-2018
  • Director resignation, (manager)

Open the deed in the Belgian Official Gazette

2018
Liquidity more than 9 times current ratio 2.33 The current ratio rises from 0.25 to 2.33. Short-term debt falls from €10,510 to €5,027.
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Annual accounts 2016 filed PDFmicro format · 25 days late
2016
Equity above €100,000 equity €103,728 ▲13% With a profit in every financial year since 2006, equity grows to €103,728.
Annual accounts 2015 filed PDFfull format · 23 days late
2015
Annual accounts 2014 filed PDFfull format · 25 days late
2014
Annual accounts 2013 filed PDFfull format · 22 days late
2013
Annual accounts 2012 filed PDFfull format · 29 days late
2012
Annual accounts 2011 filed PDFfull format · 20 days late
2011
Highest result from 2006 to 2022 net €17,280 ▲280% The net result of €17,280 is the highest of those years.
Annual accounts 2010 filed PDFfull format · 18 days late
2010
Annual accounts 2009 filed PDFfull format · 2 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 18 days late
2008
Annual accounts 2007 filed PDFfull format · 42 days before the deadline
2007
Weakest financial year net €821 ▼58.5% The net result drops to €821, the lowest from 2006 to 2022.
Annual accounts 2006 filed PDFfull format · 34 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2002
Incorporation PDF11 publications in the Belgian Official Gazette, the last on 24-08-2023

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Today the board has 2 members.1 FRAPACHIMMO has filed 20 sets of annual accounts, the latest for financial year 2022.2 In 2023 the company was absorbed by merger into CQFD ASSURFINANCE.3

  1. 1Belgian Official Gazette, 17-03-2022
  2. 2National Bank, annual accounts 2022
  3. 3Belgian Official Gazette, 24-08-2023

Company details

Purpose according to the articles of association

PurposeThe purpose describes the activities the company may carry out under its articles.
“La société a pour objet la gestion pour compte propre d'un patrimoine immobilier; Dans le cadre de cette gestion,la société peut…”
4 activities
  1. La société a pour objet la gestion pour compte propre d'un patrimoine immobilier.
  2. Dans le cadre de cette gestion,la société peut acquérir,vendre,louer,prendre à bail,mettre en valeur tous biens immobiliers bâtis et non bâtis,ainsi que contracter ou consentir tous emprunts hypothécaires ou non.
  3. La société pourra d'une façon générale accomplir toutes opérations mobilières ou immobilières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement,la réalisation.
  4. But:distribuer à ses actionnaires un avantage patrimonial direct ou indirect.
deed of 22-06-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-03-2022 (in French)
Inactive

Absorbed by CQFD ASSURFINANCE in August 2023

FRAPACHIMMO is no longer in the KBO register. CQFD ASSURFINANCE took it over in a merger by absorption, published in the Belgian Official Gazette on 24 August 2023.

Status
Inactive
Reason
Merger by absorption"simplified merger", Belgian Official Gazette, 24 August 2023 · deed
Absorbed by
CQFD ASSURFINANCE · 0445.814.077
Last annual accounts
financial year to 31 December 2022
Last registered office
Chaussee De Charleroi 219, 6220 Fleurusas published on 24 August 2023
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2003
Official KBO record

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