Financials
Financial year 2024
TRANSPORTS LOUIS FRISAYE from Seraing, company number BE0416179587, closed financial year 2024 with a result of € -29,805 after tax. For that financial year TRANSPORTS LOUIS FRISAYE recorded revenue of € 39.9 million and equity of € 3.5 million. Compared with financial year 2023, the result moved from € 15,651 to € -29,805. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 5, 2025.
€ 3.5 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,805
▼ still € 15,651 profit in 2023
Profit after tax over the fiscal year.
€ 201,778
▼ 6% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.7 million.
People and assets in 2024
26.3
▼ 2.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 5% vs 2023
€ 64,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3.4 million
▲ 37% vs 2023
Of which on lease € 3 million.
Debts at end 2024
€ 3.4 million
▲ 21% vs 2023
€ 787,229 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4.4 million
▼ 6% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 1 million
▲ 6% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 38,246,464 | € 37,517,294 | € 36,168,437 | € 39,890,160 | ▲ 10% |
| Profit after taxes | € -494,557 | € 288,525 | € 15,651 | € -29,805 | ▼ € 45,455 |
| Equity | € 2,690,468 | € 2,978,992 | € 3,519,418 | € 3,489,613 | ▼ 1% |
| Total debts | € 7,613,779 | € 6,654,307 | € 8,768,045 | € 10,402,983 | ▲ 19% |
| Cash | € 362,526 | € 312,950 | € 214,453 | € 201,778 | ▼ 6% |
| Land & buildings | € 185,260 | € 163,499 | € 577,000 | € 566,555 | ▼ 2% |
| Retained profit | € 2,440,468 | € 2,728,992 | € 2,744,643 | € 2,714,838 | ▼ 1% |
| Bank debt | € 2,461,667 | € 2,006,394 | € 2,813,556 | € 3,392,165 | ▲ 21% |
| Balance sheet total | € 10,304,246 | € 9,633,300 | € 12,287,463 | € 13,892,596 | ▲ 13% |
| Employees (FTE) | 30 | 29.1 | 29 | 26.3 | ▼ 2.7 |
Key figures of TRANSPORTS LOUIS FRISAYE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TRANSPORTS LOUIS FRISAYE?
What happened at TRANSPORTS LOUIS FRISAYE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GF INVEST MANAGEMENT SRL stepped down as director. NBB
- Antonia ROCCI stepped down as director. NBB
- Mario FRANCHI stepped down as director. NBB
- Fabrice FRANCHI stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 29,805 (▼ € 45,455 vs 2023). filed late Source: NBB ↗
- GF INVEST MANAGEMENT SRL became a director. NBB
- Antonia ROCCI became a director. NBB
- Mario FRANCHI became a director. NBB
In short
From € 494,557 loss in 2021 to € 29,805 loss in 2024.
Paid € 97,528 in corporate taxes since 2021.
Best year ever: 2022, with € 288,525 profit.
Pays suppliers within 43 days on average.
Management
It owns 0.2% of RFC Seraing itself.
Directors
According to the 2024 annual accounts
Director · represented by Grégory FRANCHI
Also active at: GREG TRANSPORTS, GF 2, DGF INVEST, AVROY, ALTRO, GF4, GDMT IMMO, GFA CLINIC +10 more
since 2024 · until 2030
Antonia ROCCI
Managing director
Also active at: GREG TRANSPORTS, F.M. LOGISTICS, AVROY, GF INVEST MANAGEMENT
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Quai Destrée 1
4101 Seraing
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0416.179.587
- VAT number
- BE 0416.179.587
- Registered office
- Quai Destrée 1, 4101 Seraing
- Names & denominations
- TRANSPORTS LOUIS FRISAYE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 1976
- Peppol
- Active · Active since 27 Aug 2025
- Activities · NACE
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