Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.1 to 2.1.
Financials
Financial year 2025
FRIGO GROTECLAES from Eupen, company number BE0421208543, closed financial year 2025 with a result of € -84,521 after tax. For that financial year FRIGO GROTECLAES recorded a gross margin of € 316,912 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 41,622 to € -84,521. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 1.3 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -84,521
▼ still € 41,622 profit in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 830,829.
People and assets in 2025
2.1
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 259,265
▼ 6% vs 2024
€ 123,500 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.
€ 6,023
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,795
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,095
▼ 55% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 537,146 | € 553,221 | € 476,170 | € 316,912 | ▼ 33% |
| Profit after taxes | € 109,796 | € 92,729 | € 41,622 | € -84,521 | ▼ € 126,143 |
| Equity | € 1,302,206 | € 1,390,964 | € 1,429,057 | € 1,341,431 | ▼ 6% |
| Total debts | € 797,208 | € 834,397 | € 713,471 | € 708,623 | ▼ 1% |
| Cash | € 985,463 | € 1,240,430 | € 1,324,651 | € 1,354,050 | ▲ 2% |
| Land & buildings | € 610,948 | € 556,655 | € 510,863 | € 461,341 | ▼ 10% |
| Retained profit | € 780,999 | € 873,728 | € 915,350 | € 830,829 | ▼ 9% |
| Dividend | € 25,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,099,414 | € 2,225,362 | € 2,142,528 | € 2,050,054 | ▼ 4% |
| Employees (FTE) | 3.9 | 4.1 | 4 | 2.1 | ▼ 1.9 |
Key figures of FRIGO GROTECLAES, 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 FRIGO GROTECLAES?
What happened at FRIGO GROTECLAES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 84,521 (▼ € 126,143 vs 2024). Source: NBB ↗
- CHRISTIAN GROTECLAES became a director. NBB
- New establishment in Eupen. KBO
- Start of the company according to the CBE. KBO
In short
From € 109,796 profit in 2022 to € 84,521 loss in 2025.
Paid € 105,098 in corporate taxes since 2022.
Best year ever: 2022, with € 109,796 profit.
On average € 150,900 of value added per employee in 2025.
Management
Behind FRIGO GROTECLAES is CHRISTIAN GROTECLAES.
Directors
According to the 2025 annual accounts
CHRISTIAN GROTECLAES
Managing director
since 2020
Establishments
Establishment units
Physical locations of this company
Rue de Herbesthal 156
4700 Eupen
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
- 0421.208.543
- VAT number
- BE 0421.208.543
- Registered office
- Rue de Herbesthal 156, 4700 Eupen
- Names & denominations
- FRIGO GROTECLAES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1980
- Peppol
- Active · Active since 14 Aug 2026
- Activities · NACE
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