Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 4.1 to 2.
Financials
Financial year 2025
Frugalita from Damme, company number BE0416909067, closed financial year 2025 with a result of € -28,065 after tax. For that financial year Frugalita recorded a gross margin of € 74,210 and equity of € -130,677. Compared with financial year 2024, the result moved from € -13,654 to € -28,065. The company made a loss. 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 October 22, 2025.
€ -130,677
▼ € 28,065 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,065
▼ 106 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -247,677.
People and assets in 2025
2
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 96,284
€ 48,100 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 2025
€ 30,500
▲ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 17,722
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,671
▲ € 14,947 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 98,607 | € 97,879 | € 88,425 | € 74,210 | ▼ 16% |
| Profit after taxes | € -53,784 | € -59,819 | € -13,654 | € -28,065 | ▼ € 14,410 |
| Equity | € -29,139 | € -88,958 | € -102,612 | € -130,677 | ▼ € 28,065 |
| Total debts | € 127,294 | € 210,737 | € 202,363 | € 233,277 | ▲ 15% |
| Cash | - | - | € 200 | - | |
| Retained profit | € -146,070 | € -205,889 | € -219,612 | € -247,677 | ▼ € 28,065 |
| Bank debt | € 25,190 | € 25,595 | € 28,404 | € 30,500 | ▲ 7% |
| Balance sheet total | € 98,155 | € 121,779 | € 99,751 | € 102,600 | ▲ 3% |
| Employees (FTE) | 4.9 | 4.1 | 2.2 | 2 | ▼ 0.2 |
Key figures of Frugalita, fiscal years 2022 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 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 2025: loss of € 28,065. Source: NBB ↗
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,784 loss in 2022 to € 28,065 loss in 2025.
On average € 37,100 of value added per employee 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
Directors
According to the 2025 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