Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2025.
Financials
Financial year 2025
HIGHFROST from Wevelgem, company number BE0413305914, closed financial year 2025 with a result of € -62,054 after tax. For that financial year HIGHFROST recorded a gross margin of € 231,515 and equity of € 872,198. Compared with financial year 2023, the result moved from € -7,017 to € -62,054. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 872,198
▲ 100% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -62,054
▼ 784 % more loss than in 2023
Profit after tax over the fiscal year.
€ 117,589
▲ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 364,071.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 3,322
▲ € 3,381 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 1.7 million
▼ 20% vs 2023
Loans from banks and other lenders, long and short.
€ 85,893
▼ 49% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 94,695 | € 50,537 | € -5,116 | € 231,515 | ▲ € 236,631 |
| Profit after taxes | € 5,539 | € -9,329 | € -7,017 | € -62,054 | ▼ € 55,037 |
| Equity | € 720,993 | € 444,085 | € 437,068 | € 872,198 | ▲ 100% |
| Total debts | € 1,752,414 | € 2,177,922 | € 2,928,252 | € 6,455,921 | ▲ 120% |
| Cash | € 12,028 | € 41,099 | € 60,561 | € 117,589 | ▲ 94% |
| Land & buildings | € 2,293,263 | € 2,122,867 | € 2,599,578 | € 2,613,271 | ▲ 1% |
| Retained profit | € 700,993 | € 433,142 | € 426,125 | € 364,071 | ▼ 15% |
| Dividend | € 5,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,475,000 | € 1,671,455 | € 2,133,332 | € 1,698,000 | ▼ 20% |
| Balance sheet total | € 2,473,407 | € 2,622,006 | € 3,365,320 | € 7,328,119 | ▲ 118% |
| Employees (FTE) | 0.7 | 0.3 | 0 | 0 |
Key figures of HIGHFROST, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to HIGHFROST?
What happened at HIGHFROST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 62,054. Source: NBB ↗
- Elarcon BV became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,539 profit in 2021 to € 62,054 loss in 2025.
Paid € 2,710 in corporate taxes since 2021.
Best year ever: 2021, with € 5,539 profit.
Paid out € 5,000 in dividends to the owners in total.
Management
The stake of ELARCON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HIGHFROSTBehind HIGHFROST is Elarcon BV. The shares are held by ELARCON (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ghesquière Christophe
Also active at: VANMARCKE - FOULON - GHESQUIERE, GEVAN
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oostlaan 14
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.305.914
- VAT number
- BE 0413.305.914
- Registered office
- Oostlaan 14, 8560 Wevelgem
- Names & denominations
- HIGHFROST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 1973
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Groothandel in groenten en fruit, muv consumptieaardappelen
Groothandel in groenten en fruit
Opslag
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Logistieke diensten