What is the address of FRIGRO?

The registered office of FRIGRO is located at Drieslaan 10, 8560 Wevelgem.

Is FRIGRO still active?

Yes. According to the CBE (30 October 2026) FRIGRO is active, legal situation “Normale toestand”, started on 7 May 1980.

Is FRIGRO registered on Peppol?

Yes, FRIGRO is registered on the Peppol network with ID 0208:0420379687.

What is the enterprise number of FRIGRO?

The enterprise number of FRIGRO is BE0420379687.

When was FRIGRO founded?

FRIGRO was founded on 7 May 1980.

Who are the directors of FRIGRO?

According to the 2025 annual accounts, the directors of FRIGRO are: Instruwell BV, Bdcom BV, Kodecam BV.

Is FRIGRO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 May 1980; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 4 establishments in the CBE.

How much profit did FRIGRO make in 2025?

FRIGRO posted a profit after taxes of € 3,924,753 in financial year 2025.

What is the revenue of FRIGRO?

In its most recent annual accounts (2025), FRIGRO reported revenue of € 39,076,335.

How much does an employee at FRIGRO earn?

The average wage cost per full-time employee at FRIGRO was € 89,800 in 2025: staff costs of € 3.9 million for 43.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FRIGRO have?

According to the 2025 annual accounts, FRIGRO has 43.7 full-time equivalents (FTE).

FRIGRO (Public Limited) - Wevelgem - BE0420379687

Q: What does FRIGRO do?

FRIGRO is registered with the CBE as active in: Groothandel in elektrisch materiaal inclusief installatiemateriaal. Public Limited, started on 7 May 1980, 4 establishments.

Dossier FRIGRO, printed on 30 October 2026 from databakkes.be/en/0420379687/frigro. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

FRIGRO from Wevelgem, company number BE0420379687, closed financial year 2025 with a result of € 3.9 million after tax. For that financial year FRIGRO recorded revenue of € 39.1 million and equity of € 8.9 million. Compared with financial year 2024, the result moved from € 3.4 million to € 3.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.

What it is worth Growing

€ 8.9 million

▲ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 3.9 million

▲ 17% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.7 million

▲ 45% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 3.1 million paid out

78 % of the profit went to the shareholders, mostly to DC Investing (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

43.7

▲ 3.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.9 million

▲ 10% vs 2024

€ 89,800 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.

Vehicles and equipment

€ 190,585

▲ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1.5 million

▼ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.

Taxes and wages

€ 1.1 million

▲ 31% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 33,572,737 Revenue 2022: € 33,572,737 First fiscal year in the series	€ 35,186,320 Revenue 2023: € 35,186,320 ▲ 5% vs 2022 (€ 33,572,737) Favourable step	€ 35,442,600 Revenue 2024: € 35,442,600 ▲ 1% vs 2023 (€ 35,186,320) Favourable step	€ 39,076,335 Revenue 2025: € 39,076,335 ▲ 10% vs 2024 (€ 35,442,600) Favourable step	▲ 10%
Profit after taxes	€ 3,903,850 Profit after taxes 2022: € 3,903,850 First fiscal year in the series	€ 3,938,843 Profit after taxes 2023: € 3,938,843 ▲ 1% vs 2022 (€ 3,903,850) Favourable step	€ 3,364,396 Profit after taxes 2024: € 3,364,396 ▼ 15% vs 2023 (€ 3,938,843) Unfavourable step	€ 3,924,753 Profit after taxes 2025: € 3,924,753 ▲ 17% vs 2024 (€ 3,364,396) Favourable step	▲ 17%
Equity	€ 6,621,207 Equity 2022: € 6,621,207 First fiscal year in the series	€ 7,483,751 Equity 2023: € 7,483,751 ▲ 13% vs 2022 (€ 6,621,207) Favourable step	€ 8,175,550 Equity 2024: € 8,175,550 ▲ 9% vs 2023 (€ 7,483,751) Favourable step	€ 8,922,174 Equity 2025: € 8,922,174 ▲ 9% vs 2024 (€ 8,175,550) Favourable step	▲ 9%
Total debts	€ 6,373,671 Total debts 2022: € 6,373,671 First fiscal year in the series	€ 5,626,189 Total debts 2023: € 5,626,189 ▼ 12% vs 2022 (€ 6,373,671) Favourable step	€ 5,354,019 Total debts 2024: € 5,354,019 ▼ 5% vs 2023 (€ 5,626,189) Favourable step	€ 5,850,567 Total debts 2025: € 5,850,567 ▲ 9% vs 2024 (€ 5,354,019) Unfavourable step	▲ 9%
Cash	€ 3,027,566 Cash 2022: € 3,027,566 First fiscal year in the series	€ 2,697,723 Cash 2023: € 2,697,723 ▼ 11% vs 2022 (€ 3,027,566) Unfavourable step	€ 2,525,466 Cash 2024: € 2,525,466 ▼ 6% vs 2023 (€ 2,697,723) Unfavourable step	€ 3,658,804 Cash 2025: € 3,658,804 ▲ 45% vs 2024 (€ 2,525,466) Favourable step	▲ 45%
Land & buildings	€ 146,565 Land & buildings 2022: € 146,565 First fiscal year in the series	€ 135,543 Land & buildings 2023: € 135,543 ▼ 8% vs 2022 (€ 146,565) Unchanged	€ 271,275 Land & buildings 2024: € 271,275 ▲ 100% vs 2023 (€ 135,543) Unchanged	€ 0 Land & buildings 2025: € 0 ▼ 100% vs 2024 (€ 271,275) Unchanged	▼ 100%
Retained profit	€ 6,171,207 Retained profit 2022: € 6,171,207 First fiscal year in the series	€ 7,033,751 Retained profit 2023: € 7,033,751 ▲ 14% vs 2022 (€ 6,171,207) Favourable step	€ 7,725,550 Retained profit 2024: € 7,725,550 ▲ 10% vs 2023 (€ 7,033,751) Favourable step	€ 8,472,174 Retained profit 2025: € 8,472,174 ▲ 10% vs 2024 (€ 7,725,550) Favourable step	▲ 10%
Dividend	€ 3,074,000 Dividend 2022: € 3,074,000 First fiscal year in the series	€ 2,979,000 Dividend 2023: € 2,979,000 ▼ 3% vs 2022 (€ 3,074,000) Unchanged	€ 2,574,000 Dividend 2024: € 2,574,000 ▼ 14% vs 2023 (€ 2,979,000) Unchanged	€ 3,060,000 Dividend 2025: € 3,060,000 ▲ 19% vs 2024 (€ 2,574,000) Unchanged	▲ 19%
Balance sheet total	€ 13,161,961 Balance sheet total 2022: € 13,161,961 First fiscal year in the series	€ 13,284,807 Balance sheet total 2023: € 13,284,807 ▲ 1% vs 2022 (€ 13,161,961) Unchanged	€ 13,705,306 Balance sheet total 2024: € 13,705,306 ▲ 3% vs 2023 (€ 13,284,807) Unchanged	€ 14,966,966 Balance sheet total 2025: € 14,966,966 ▲ 9% vs 2024 (€ 13,705,306) Unchanged	▲ 9%
Employees (FTE)	39.8 Employees (FTE) 2022: 39.8 First fiscal year in the series	41.1 Employees (FTE) 2023: 41.1 ▲ 1.3 vs 2022 (39.8) Unchanged	40.1 Employees (FTE) 2024: 40.1 ▼ 1 vs 2023 (41.1) Unchanged	43.7 Employees (FTE) 2025: 43.7 ▲ 3.6 vs 2024 (40.1) Unchanged	▲ 3.6

Key figures of FRIGRO, 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 July 2027.

What happened to FRIGRO?

What happened at FRIGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Instruwell BV stepped down as director. NBB
2029 Bdcom BV stepped down as director. NBB
2029 Kodecam BV stepped down as director. NBB
Jun 15, 2026 New annual accounts for financial year 2025: profit of € 3.9 million (▲ 17% vs 2024). Source: NBB ↗
Jan 1, 2024 New establishment in Wevelgem. KBO
Jan 1, 2024 New establishment in Wevelgem. KBO
Jan 1, 2024 New establishment in Wevelgem. KBO
2023 Instruwell BV became a director. NBB

In short

From € 3.9 million profit in 2022 to € 3.9 million profit in 2025.

Paid € 2.8 million in corporate taxes since 2022.

Best year ever: 2023, with € 3.9 million profit.

Paid out € 11.7 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DC Investing 100%

FRIGRO

The shares are held by DC Investing (100%).

Directors

According to the 2025 annual accounts

Instruwell BV

Director · represented by Verfaille Rita

since 2023 · until 2029

Bdcom BV

Managing director · represented by Decuypere Bert

Also active at: KOBE FLEXINVEST

since 2023 · until 2029

Kodecam BV

Managing director · represented by Decuypere Koen

Also active at: KOBE FLEXINVEST

since 2023 · until 2029

Shareholders

DC Investing

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Drieslaan 10

8560 Wevelgem

2.359.673.864

Noordstraat 7

8560 Wevelgem

Active since 1 January 2024

2.359.673.963

Noordstraat 9+

8560 Wevelgem

Active since 1 January 2024

2.359.674.062

Drieslaan 20

8560 Wevelgem

Active since 1 January 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

Frigro Services

€ 280,696 gross margin · 2026

GROEP FRIGRO

DC INVESTING same network

FrisoTech

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0420.379.687

VAT number

BE 0420.379.687

Registered office

Drieslaan 10, 8560 Wevelgem

Names & denominations

FRIGRO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

7 May 1980

Peppol

Active · Active since 27 Aug 2023

Activities · NACE

Groothandel in elektrisch materiaal inclusief installatiemateriaal

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Detailhandel in elektrische huishoudapparaten

Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

FRIGRO

Financials

What happened to FRIGRO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions