Financials
Financial year 2025
FROVIN from Baarle-Hertog, company number BE0466359865, closed financial year 2025 with a result of € 41,213 after tax. For that financial year FROVIN recorded a gross margin of € 530,552 and equity of € 728,239. Compared with financial year 2024, the result moved from € 20,507 to € 41,213. 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 April 29, 2026.
€ 728,239
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,213
▲ 101% vs 2024
Profit after tax over the fiscal year.
€ 179,580
▼ 23% 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 € 666,239.
People and assets in 2025
10.5
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 368,937
▲ 24% vs 2024
€ 35,100 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.
Debts at end 2025
€ 155,876
▼ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 227,953
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,341
▼ 12% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 527,287 | € 455,225 | € 441,792 | € 530,552 | ▲ 20% |
| Profit after taxes | € 98,538 | € 20,280 | € 20,507 | € 41,213 | ▲ 101% |
| Equity | € 1,172,154 | € 666,519 | € 687,026 | € 728,239 | ▲ 6% |
| Total debts | € 444,094 | € 486,652 | € 390,312 | € 403,171 | ▲ 3% |
| Cash | € 474,428 | € 283,370 | € 232,348 | € 179,580 | ▼ 23% |
| Land & buildings | € 83,658 | € 76,125 | € 61,355 | € 55,884 | ▼ 9% |
| Retained profit | € 1,110,154 | € 604,519 | € 625,026 | € 666,239 | ▲ 7% |
| Dividend | € 0 | € 525,915 | € 0 | € 0 | |
| Bank debt | € 106,715 | € 188,866 | € 159,074 | € 155,876 | ▼ 2% |
| Balance sheet total | € 1,616,248 | € 1,153,171 | € 1,077,338 | € 1,131,410 | ▲ 5% |
| Employees (FTE) | 7.9 | 7.1 | 8.6 | 10.5 | ▲ 1.9 |
Key figures of FROVIN, 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 FROVIN?
What happened at FROVIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,213 (▲ 101% vs 2024). Source: NBB ↗
- Gianni Willy Daems stepped down as director. NBB
- Bjarne Maria Willemsens stepped down as director. NBB
- Larissa Nieke Willemsens stepped down as director. NBB
- Gianni Willy Daems became a director. NBB
- Bjarne Maria Willemsens became a director. NBB
- Larissa Nieke Willemsens became a director. NBB
- New establishment in Vosselaar. KBO
In short
From € 98,538 profit in 2022 to € 41,213 profit in 2025.
Paid € 77,798 in corporate taxes since 2022.
Best year ever: 2022, with € 98,538 profit.
On average € 50,500 of value added per employee in 2025.
Management
The stake of D&W Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FROVINThe shares are held by D&W Holding (100%).
Directors
According to the 2025 annual accounts
Gianni Willy Daems
Managing director
Also active at: LARISAN, D&W Retail, D&W Ninove, D&W Immo, D&W Dendermonde, D&W Holding, Goe beestig, D&W Antwerpen +2 more
since 2019 · until 2025
Bjarne Maria Willemsens
Managing director
Also active at: LARISAN, D&W Immo, D&W Dendermonde, D&W Holding, Willemsens & Co, DAGBREYDEL
since 2019 · until 2025
since 2019 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Molenstraat 12
2387 Baarle-Hertog
Wechelsebaan 24
2275 Lille
Active since 4 September 2016
Antwerpsesteenweg 134
2350 Vosselaar
Active since 10 November 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.359.865
- VAT number
- BE 0466.359.865
- Registered office
- Molenstraat 12, 2387 Baarle-Hertog
- Names & denominations
- FROVIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1999
- Peppol
- Active · Active since 4 Aug 2025
- Activities · NACE
Detailhandel in kranten en andere tijdschriften
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Detailhandel in tabaksproducten
Detailhandel in alcoholische en andere dranken
Detailhandel in dranken, algemeen assortiment