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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2026
Frugalita from Damme, company number BE0416909067, closed financial year 2026 with a result of € 15,078 after tax. For that financial year Frugalita recorded a gross margin of € 130,438 and equity of € -115,598. Compared with financial year 2025, the result moved from € -28,065 to € 15,078. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ -115,598
▲ € 15,078 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,078
▲ still € 28,065 loss in 2025
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -232,598.
People and assets in 2026
2
Average over the fiscal year, from the social balance sheet.
€ 110,145
▲ 14% vs 2025
€ 55,100 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.
Debts at end 2026
€ 27,853
▼ 9% vs 2025
Loans from banks and other lenders, long and short.
€ 31,277
▲ 76% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 19,101
▲ 2% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 97,879 | € 88,425 | € 74,210 | € 130,438 | ▲ 76% |
| Profit after taxes | € -59,819 | € -13,654 | € -28,065 | € 15,078 | ▲ € 43,143 |
| Equity | € -88,958 | € -102,612 | € -130,677 | € -115,598 | ▲ € 15,078 |
| Total debts | € 210,737 | € 202,363 | € 233,277 | € 237,507 | ▲ 2% |
| Cash | - | € 200 | - | - | |
| Retained profit | € -205,889 | € -219,612 | € -247,677 | € -232,598 | ▲ € 15,078 |
| Bank debt | € 25,595 | € 28,404 | € 30,500 | € 27,853 | ▼ 9% |
| Balance sheet total | € 121,779 | € 99,751 | € 102,600 | € 121,909 | ▲ 19% |
| Employees (FTE) | 4.1 | 2.2 | 2 | 2 |
Key figures of Frugalita, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Frugalita?
What happened at Frugalita in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 15,078. Source: NBB ↗
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,819 loss in 2023 to € 15,078 profit in 2026.
Best year ever: 2026, with € 15,078 profit.
On average € 65,200 of value added per employee in 2026.
Management
Behind Frugalita is Bart Coppejans.
Directors
According to the 2026 annual accounts
Bart Coppejans
Director
Establishments
Establishment units
Physical locations of this company
Oude Pastoriestraat 18
8340 Damme
Oude Pastoriestraat 4
8340 Damme
Active since 17 February 1977
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0416.909.067
- VAT number
- BE 0416.909.067
- Registered office
- Oude Pastoriestraat 18, 8340 Damme
- Names & denominations
- Frugalita
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 1977
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- frugalita.com 050 50 01 02
- Activities · NACE
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken