Financials
Financial year 2025
FRIT EXPRESS from Avelgem, company number BE0459179489, closed financial year 2025 with a result of € 208,151 after tax. For that financial year FRIT EXPRESS recorded a gross margin of € 362,650 and equity of € 647,490. Compared with financial year 2024, the result moved from € 107,551 to € 208,151. 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.
€ 647,490
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 208,151
▲ 94% vs 2024
Profit after tax over the fiscal year.
€ 194,747
▲ 69% 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 € 585,516.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 187,571
▲ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 96,617
▲ 61% vs 2024
€ 37,555 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 120,121
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,250
▲ 98% vs 2024
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 | € 107,698 | € 152,116 | € 208,197 | € 362,650 | ▲ 74% |
| Profit after taxes | € 43,509 | € 80,901 | € 107,551 | € 208,151 | ▲ 94% |
| Equity | € 250,887 | € 331,788 | € 439,339 | € 647,490 | ▲ 47% |
| Total debts | € 224,794 | € 237,171 | € 284,191 | € 272,804 | ▼ 4% |
| Cash | € 41,517 | € 72,601 | € 115,066 | € 194,747 | ▲ 69% |
| Land & buildings | € 32,984 | € 33,401 | € 33,569 | € 34,067 | ▲ 1% |
| Retained profit | € 188,914 | € 269,815 | € 377,366 | € 585,516 | ▲ 55% |
| Bank debt | € 0 | € 0 | € 59,999 | € 96,617 | ▲ 61% |
| Balance sheet total | € 475,681 | € 568,959 | € 723,530 | € 920,294 | ▲ 27% |
Key figures of FRIT EXPRESS, 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 FRIT EXPRESS?
What happened at FRIT EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 208,151 (▲ 94% vs 2024). Source: NBB ↗
- GRETA VANNESTE GRETA became a director. NBB
- Simon Naessens became a director. NBB
- Thomas Decock became a director. NBB
- JOS DECOCK JOS became a director. NBB
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,509 profit in 2022 to € 208,151 profit in 2025.
Paid € 179,875 in corporate taxes since 2022.
Best year ever: 2025, with € 208,151 profit.
Management
Behind FRIT EXPRESS are JOS DECOCK JOS, Simon Naessens, Thomas Decock and GRETA VANNESTE GRETA. Thomas Decock is also behind JUTHOPAT.
Directors
According to the 2025 annual accounts
JOS DECOCK JOS
Director
since 1997
Simon Naessens
Director
since 2018
since 2015
GRETA VANNESTE GRETA
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Beekstraat 13
8580 Avelgem
Ijzeren Bareelstraat(D) 40
7711 Mouscron
Active since 11 December 1996
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.179.489
- VAT number
- BE 0459.179.489
- Registered office
- Beekstraat 13, 8580 Avelgem
- Names & denominations
- FRIT EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 1996
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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