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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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FRIMMO from Sint-Martens-Latem, company number BE0456736970, closed financial year 2025 with a result of € -102,172 after tax. For that financial year FRIMMO recorded a gross margin of € 134,370 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 47,902 to € -102,172. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 2.7 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -102,172
▼ still € 47,902 profit in 2024
Profit after tax over the fiscal year.
€ 79,127
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.8 million.
People and assets in 2025
€ 60,873
▲ 228% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.4 million
▲ € 3.3 million vs 2024
Loans from banks and other lenders, long and short.
€ 1,975
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,364
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,449 | € 54,163 | € 91,288 | € 134,370 | ▲ 47% |
| Profit after taxes | € 13,794 | € 13,800 | € 47,902 | € -102,172 | ▼ € 150,074 |
| Equity | € 2,694,571 | € 2,708,371 | € 2,756,273 | € 2,654,101 | ▼ 4% |
| Total debts | € 1,135,249 | € 1,169,437 | € 1,198,694 | € 4,953,450 | ▲ € 3.8 million |
| Cash | € 61,056 | € 66,292 | € 83,466 | € 79,127 | ▼ 5% |
| Land & buildings | € 3,647,745 | € 3,639,285 | € 3,629,164 | € 7,103,653 | ▲ 96% |
| Retained profit | € -1,713,733 | € -1,699,933 | € -1,652,031 | € -1,754,203 | ▼ € 102,172 |
| Bank debt | € 1,065,000 | € 1,065,000 | € 1,065,000 | € 4,365,000 | ▲ € 3.3 million |
| Balance sheet total | € 3,829,820 | € 3,877,808 | € 3,954,967 | € 7,607,551 | ▲ 92% |
Key figures of FRIMMO, 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 May 2027.
What happened to FRIMMO?
What happened at FRIMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Edgard Vermeersch stepped down as director. NBB
- Dimitri Vermeersch stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 102,172 (▼ € 150,074 vs 2024). Source: NBB ↗
- Edgard Vermeersch became a director. NBB
- Dimitri Vermeersch became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,794 profit in 2022 to € 102,172 loss in 2025.
Paid € 28,381 in corporate taxes since 2022.
Best year ever: 2024, with € 47,902 profit.
Management
Directors
According to the 2025 annual accounts
Edgard Vermeersch
Managing director
Also active at: EXCELLENCE CONSULTING, ITINERIS, Opinum, Juice, ILPAM, E-SOLUTIONS SERVICES, Itineris Holding, Itineris Group
since 2020 · until 2026
Dimitri Vermeersch
Director
Also active at: MINERVAL, MST ESTATE, FLANDERS HOTEL HOLDING, DINER PRIVÉ, DIMVER, EXCELLENCE CONSULTING, SEA PORT RESIDENTIES, SDE INVEST
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Pontstraat 25
9831 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0456.736.970
- VAT number
- BE 0456.736.970
- Registered office
- Pontstraat 25, 9831 Sint-Martens-Latem
- Names & denominations
- FRIMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1995
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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