What does FRP EUROPE do?

FRP EUROPE is a construction company in Oudenaarde. Private Limited, started on 13 November 1996, 1 establishment.

What is the address of FRP EUROPE?

The registered office of FRP EUROPE is located at Industriepark "De Bruwaan" 27D, 9700 Oudenaarde.

Is FRP EUROPE still active?

Yes. According to the CBE (29 October 2026) FRP EUROPE is active, legal situation “Normale toestand”, started on 13 November 1996.

Is FRP EUROPE registered on Peppol?

No, FRP EUROPE is currently not registered on the Peppol network.

What is the enterprise number of FRP EUROPE?

The enterprise number of FRP EUROPE is BE0459202453.

When was FRP EUROPE founded?

FRP EUROPE was founded on 13 November 1996.

Who are the directors of FRP EUROPE?

According to the 2025 annual accounts, the directors of FRP EUROPE are: Denis Thysebaert, TT-INVEST BV.

Is FRP EUROPE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 November 1996; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FRP EUROPE make in 2025?

FRP EUROPE posted a profit after taxes of € 1,251,333 in financial year 2025.

What is the revenue of FRP EUROPE?

As a small company, FRP EUROPE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,358,515.

How much does an employee at FRP EUROPE earn?

The average wage cost per full-time employee at FRP EUROPE was € 120,300 in 2025: staff costs of € 264,757 for 2.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FRP EUROPE have?

According to the 2025 annual accounts, FRP EUROPE has 2.2 full-time equivalents (FTE).

FRP EUROPE (Private Limited) - Oudenaarde - BE0459202453

Dossier FRP EUROPE, printed on 29 October 2026 from databakkes.be/en/0459202453/frp-europe. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

FRP EUROPE from Oudenaarde, company number BE0459202453, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year FRP EUROPE recorded a gross margin of € 2.4 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 214,541 to € 1.3 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2026.

What it is worth Growing

€ 3 million

▲ 73% vs 2024

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

Profit Growing

€ 1.3 million

▲ € 1 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 537,284

▲ 174% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.9 million.

People and assets in 2025

Full-time equivalents

2.2

▲ 0.2 vs 2024

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

Wage cost

€ 264,757

▲ 224% vs 2024

€ 120,300 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

€ 33,415

▼ 70% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.3 million

▲ 12% vs 2024

€ 2.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 472,062

▼ 43% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 413,481

▼ 43% 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
Gross margin	€ 529,775 Gross margin 2022: € 529,775 First fiscal year in the series	€ 1,180,501 Gross margin 2023: € 1,180,501 ▲ 123% vs 2022 (€ 529,775) Favourable step	€ 730,563 Gross margin 2024: € 730,563 ▼ 38% vs 2023 (€ 1,180,501) Unfavourable step	€ 2,358,515 Gross margin 2025: € 2,358,515 ▲ 223% vs 2024 (€ 730,563) Favourable step	▲ 223%
Profit after taxes	€ 187,601 Profit after taxes 2022: € 187,601 First fiscal year in the series	€ 566,009 Profit after taxes 2023: € 566,009 ▲ 202% vs 2022 (€ 187,601) Favourable step	€ 214,541 Profit after taxes 2024: € 214,541 ▼ 62% vs 2023 (€ 566,009) Unfavourable step	€ 1,251,333 Profit after taxes 2025: € 1,251,333 ▲ € 1 million vs 2024 (€ 214,541) Favourable step	▲ € 1 million
Equity	€ 930,017 Equity 2022: € 930,017 First fiscal year in the series	€ 1,496,026 Equity 2023: € 1,496,026 ▲ 61% vs 2022 (€ 930,017) Favourable step	€ 1,710,567 Equity 2024: € 1,710,567 ▲ 14% vs 2023 (€ 1,496,026) Favourable step	€ 2,961,900 Equity 2025: € 2,961,900 ▲ 73% vs 2024 (€ 1,710,567) Favourable step	▲ 73%
Total debts	€ 4,220,342 Total debts 2022: € 4,220,342 First fiscal year in the series	€ 5,547,570 Total debts 2023: € 5,547,570 ▲ 31% vs 2022 (€ 4,220,342) Unfavourable step	€ 6,808,982 Total debts 2024: € 6,808,982 ▲ 23% vs 2023 (€ 5,547,570) Unfavourable step	€ 6,610,406 Total debts 2025: € 6,610,406 ▼ 3% vs 2024 (€ 6,808,982) Favourable step	▼ 3%
Cash	€ 77,290 Cash 2022: € 77,290 First fiscal year in the series	€ 479,825 Cash 2023: € 479,825 ▲ € 402,535 vs 2022 (€ 77,290) Favourable step	€ 195,978 Cash 2024: € 195,978 ▼ 59% vs 2023 (€ 479,825) Unfavourable step	€ 537,284 Cash 2025: € 537,284 ▲ 174% vs 2024 (€ 195,978) Favourable step	▲ 174%
Retained profit	€ 911,417 Retained profit 2022: € 911,417 First fiscal year in the series	€ 1,477,426 Retained profit 2023: € 1,477,426 ▲ 62% vs 2022 (€ 911,417) Favourable step	€ 1,691,967 Retained profit 2024: € 1,691,967 ▲ 15% vs 2023 (€ 1,477,426) Favourable step	€ 2,943,300 Retained profit 2025: € 2,943,300 ▲ 74% vs 2024 (€ 1,691,967) Favourable step	▲ 74%
Bank debt	€ 2,760,466 Bank debt 2022: € 2,760,466 First fiscal year in the series	€ 2,139,865 Bank debt 2023: € 2,139,865 ▼ 22% vs 2022 (€ 2,760,466) Favourable step	€ 2,976,870 Bank debt 2024: € 2,976,870 ▲ 39% vs 2023 (€ 2,139,865) Unfavourable step	€ 3,322,273 Bank debt 2025: € 3,322,273 ▲ 12% vs 2024 (€ 2,976,870) Unfavourable step	▲ 12%
Balance sheet total	€ 5,150,358 Balance sheet total 2022: € 5,150,358 First fiscal year in the series	€ 7,043,596 Balance sheet total 2023: € 7,043,596 ▲ 37% vs 2022 (€ 5,150,358) Unchanged	€ 8,519,549 Balance sheet total 2024: € 8,519,549 ▲ 21% vs 2023 (€ 7,043,596) Unchanged	€ 9,572,306 Balance sheet total 2025: € 9,572,306 ▲ 12% vs 2024 (€ 8,519,549) Unchanged	▲ 12%
Employees (FTE)	2.8 Employees (FTE) 2022: 2.8 First fiscal year in the series	2.1 Employees (FTE) 2023: 2.1 ▼ 0.7 vs 2022 (2.8) Unchanged	2 Employees (FTE) 2024: 2 ▼ 0.1 vs 2023 (2.1) Unchanged	2.2 Employees (FTE) 2025: 2.2 ▲ 0.2 vs 2024 (2) Unchanged	▲ 0.2

Key figures of FRP EUROPE, 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 FRP EUROPE?

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

Sep 8, 2026 New annual accounts for financial year 2025: profit of € 1.3 million (▲ € 1 million vs 2024). filed late Source: NBB ↗
2021 TT-INVEST BV became a director. NBB
May 7, 2002 New establishment in Oudenaarde. KBO
2002 Denis Thysebaert became a director. NBB
Nov 13, 1996 Start of the company according to the CBE. KBO

In short

From € 187,601 profit in 2022 to € 1.3 million profit in 2025.

Paid € 897,441 in corporate taxes since 2022.

Best year ever: 2025, with € 1.3 million profit.

On average € 1.1 million of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Denis Thysebaert TT-INVEST BV

MATTHYS

MT ESTATE

FRP EUROPE

De Broers

Behind FRP EUROPE are Denis Thysebaert and TT-INVEST BV. Denis Thysebaert is also behind MATTHYS and MT ESTATE. TT-INVEST BV is also behind De Broers, ZELFDAKSTORE, FRP, FMT Trading and FLAT ROOF EQUIPMENT.

Directors

According to the 2025 annual accounts

Denis Thysebaert

Director

Also active at: MATTHYS, MT ESTATE

since 2002

TT-INVEST BV

Director · represented by Thibaut Thysebaert

Also active at: De Broers, ZELFDAKSTORE, FRP, FMT Trading, FLAT ROOF EQUIPMENT

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Industriepark "De Bruwaan" 27D

9700 Oudenaarde

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

Details

Company number

0459.202.453

VAT number

BE 0459.202.453

Registered office

Industriepark "De Bruwaan" 27D, 9700 Oudenaarde

Names & denominations

FRP EUROPE · CREBA

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 November 1996

Peppol

Not registered

Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

Optrekken van andere residentiële gebouwen en van kantoorgebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗