Financials
Financial year 2025
EURO - FRIP from Zulte, company number BE0435554744, closed financial year 2025 with a result of € 362,719 after tax. For that financial year EURO - FRIP recorded a gross margin of € 2.4 million and equity of € 5.4 million. Compared with financial year 2024, the result moved from € -446,815 to € 362,719. 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 29, 2026.
€ 5.4 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 362,719
▲ still € 446,815 loss in 2024
Profit after tax over the fiscal year.
€ 514,939
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.1 million.
People and assets in 2025
38.5
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 9% vs 2024
€ 43,700 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.
€ 78,094
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 90,000
▼ 67% vs 2024
Loans from banks and other lenders, long and short.
€ 706,904
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 213,992
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,357,040 | € 2,430,062 | € 1,444,682 | € 2,417,918 | ▲ 67% |
| Profit after taxes | € 445,146 | € 408,265 | € -446,815 | € 362,719 | ▲ € 809,534 |
| Equity | € 5,066,062 | € 5,474,327 | € 5,027,512 | € 5,390,231 | ▲ 7% |
| Total debts | € 1,651,308 | € 1,483,060 | € 1,723,974 | € 1,488,396 | ▼ 14% |
| Cash | € 1,365,159 | € 289,220 | € 527,182 | € 514,939 | ▼ 2% |
| Land & buildings | € 3,535,310 | € 3,379,198 | € 3,223,085 | € 3,066,972 | ▼ 5% |
| Retained profit | € 4,816,062 | € 5,224,327 | € 4,777,512 | € 5,140,231 | ▲ 8% |
| Bank debt | € 630,000 | € 450,000 | € 270,000 | € 90,000 | ▼ 67% |
| Balance sheet total | € 6,717,370 | € 6,957,386 | € 6,751,486 | € 6,878,627 | ▲ 2% |
| Employees (FTE) | 38 | 41 | 37.6 | 38.5 | ▲ 0.9 |
Key figures of EURO - FRIP, 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 EURO - FRIP?
What happened at EURO - FRIP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DIBO INVESTMENT BV stepped down as director. NBB
- MARC BOHEZ stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 362,719. Source: NBB ↗
- DIBO INVESTMENT BV became a director. NBB
- MARC BOHEZ became a director. NBB
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 445,146 profit in 2022 to € 362,719 profit in 2025.
Paid € 298,271 in corporate taxes since 2022.
Best year ever: 2022, with € 445,146 profit.
On average € 62,800 of value added per employee in 2025.
Management
The stake of DIBO INVESTMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EURO - FRIPThe shares are held by DIBO INVESTMENT (99.9%).
Directors
According to the 2025 annual accounts
Managing director · represented by BOHEZ DIMITRI
Also active at: Belgian Wiping Materials, LIMBOTEX, BELCOTEX, BELCOTRANS
since 2023 · until 2029
since 2023 · until 2029
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Waalstraat 251
9870 Zulte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0435.554.744
- VAT number
- BE 0435.554.744
- Registered office
- Oude Waalstraat 251, 9870 Zulte
- Names & denominations
- EURO - FRIP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 1988
- Peppol
- Active · Active since 26 Feb 2026
- Contact
- eurofrip.be
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in afval en schroot
Groothandel in ijzer- en staalschroot en in oude non-ferrometalen