Financials
Financial year 2025
FRIGOREXPRESS from Péruwelz, company number BE0463076416, closed financial year 2025 with a result of € 511,160 after tax. For that financial year FRIGOREXPRESS recorded revenue of € 55.6 million and equity of € 7.8 million. Compared with financial year 2024, the result moved from € 870,034 to € 511,160. The company is profitable. 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 April 1, 2026.
€ 7.8 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 511,160
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 2.7 million
▲ 111% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 600,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
11.1
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 25% vs 2024
€ 110,100 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.
€ 4 million
▲ 25% vs 2024
Of which on lease € 3.6 million.
Debts at end 2025
€ 4.9 million
▲ 50% vs 2024
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5.6 million
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.
€ 290,758
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 48,784,158 | € 46,836,914 | € 46,182,687 | € 55,608,062 | ▲ 20% |
| Profit after taxes | € 1,593,729 | € 626,301 | € 870,034 | € 511,160 | ▼ 41% |
| Equity | € 5,992,026 | € 6,618,326 | € 7,388,360 | € 7,797,557 | ▲ 6% |
| Total debts | € 8,599,810 | € 8,074,110 | € 8,476,470 | € 11,305,179 | ▲ 33% |
| Cash | € 1,483,432 | € 2,107,007 | € 1,274,934 | € 2,694,588 | ▲ 111% |
| Land & buildings | € 1,062,047 | € 1,210,642 | € 1,125,256 | € 3,221,761 | ▲ 186% |
| Retained profit | € 5,868,079 | € 6,494,380 | € 7,264,414 | € 7,503,611 | ▲ 3% |
| Dividend | € 0 | € 0 | € 100,000 | € 600,000 | ▲ € 500,000 |
| Bank debt | € 3,267,523 | € 2,108,728 | € 3,259,912 | € 4,889,655 | ▲ 50% |
| Balance sheet total | € 14,591,836 | € 14,692,436 | € 15,864,830 | € 19,102,736 | ▲ 20% |
| Employees (FTE) | 9.5 | 8.6 | 9.1 | 11.1 | ▲ 2 |
Key figures of FRIGOREXPRESS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to FRIGOREXPRESS?
What happened at FRIGOREXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 511,160 (▼ 41% vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- New establishment in Hoogstraten. KBO
- New establishment in Péruwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2022 to € 511,160 profit in 2025.
Paid € 850,768 in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Paid out € 700,000 in dividends to the owners in total.
Management
Behind FRIGOREXPRESS is Freddy De Smet. It owns 100% of Frigoexpress Hollande and 100% of Frigorexpress France itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue du Champ Lionne(ROU) 8
7601 Péruwelz
Wenenstraat 6
2321 Hoogstraten
Active since 1 October 2021
Dijkstraat 85
9700 Oudenaarde
Active since 1 January 2025
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
- 0463.076.416
- VAT number
- BE 0463.076.416
- Registered office
- Rue du Champ Lionne(ROU) 8, 7601 Péruwelz
- Names & denominations
- FRIGOREXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 1998
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
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