Financials
Financial year 2026
HERBAFROST from Hulshout, company number BE0469917884, closed financial year 2026 with a result of € 1.8 million after tax. For that financial year HERBAFROST recorded revenue of € 20.9 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.8 million. 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 October 14, 2026.
€ 4.5 million
▲ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 172,433
▲ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 847,191 paid out
48 % of the profit went to the shareholders, mostly to IMMO HERBAFROST (100 % of the shares). That is where the money ends up.
People and assets in 2026
37.7
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▼ 1% vs 2024
€ 70,100 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.
€ 776,173
▲ 203% vs 2024
Of which on lease € 594,074.
Debts at end 2026
€ 1.3 million
▲ 81% vs 2024
€ 201,268 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.7 million
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 517,818
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2026 | Change 2024 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 15,943,461 | € 16,562,486 | € 17,390,798 | € 20,861,058 | ▲ 20% |
| Profit after taxes | € 1,334,429 | € 1,373,281 | € 1,266,981 | € 1,757,078 | ▲ 39% |
| Equity | € 1,858,421 | € 2,330,726 | € 2,796,678 | € 4,510,042 | ▲ 61% |
| Total debts | € 7,759,964 | € 7,249,469 | € 8,052,741 | € 7,899,938 | ▼ 2% |
| Cash | € 585,685 | € 82,600 | € 105,405 | € 172,433 | ▲ 64% |
| Land & buildings | € 41,939 | € 36,112 | € 30,284 | € 44,478 | ▲ 47% |
| Retained profit | € 301,792 | € 775,073 | € 1,242,054 | € 2,957,290 | ▲ 138% |
| Dividend | € 4,576,369 | € 900,000 | € 800,000 | € 847,191 | ▲ 6% |
| Bank debt | € 1,368,063 | € 832,497 | € 701,185 | € 1,270,759 | ▲ 81% |
| Balance sheet total | € 9,622,929 | € 9,584,412 | € 10,853,294 | € 12,413,231 | ▲ 14% |
| Employees (FTE) | 39.4 | 38.5 | 38.4 | 37.7 | ▼ 0.7 |
Key figures of HERBAFROST, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to HERBAFROST?
What happened at HERBAFROST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MBAA Investments LTD (B.O.) (B.O.) stepped down as director. NBB
- Rhea Ingredients BV BV stepped down as director. NBB
- Immo Herbafrost NV NV stepped down as director. NBB
- Ib Logics BV BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 1.8 million (▲ 39% vs 2024). Source: NBB ↗
- MBAA Investments LTD (B.O.) (B.O.) became a director. NBB
- Rhea Ingredients BV BV became a director. NBB
- Immo Herbafrost NV NV became a director. NBB
In short
From € 1.3 million profit in 2022 to € 1.8 million profit in 2026.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2026, with € 1.8 million profit.
Paid out € 7.1 million in dividends to the owners in total.
Management
The stake of IMMO HERBAFROST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HERBAFROSTThe shares are held by IMMO HERBAFROST (100%).
Directors
According to the 2026 annual accounts
MBAA Investments LTD (B.O.) (B.O.)
Director · represented by Michaël Kestemont
Also active at: IMMO HERBAFROST, Rhea Ingredients
since 2022 · until 2027
Managing director · represented by Bart Windey
Also active at: IMMO HERBAFROST
since 2022 · until 2027
Director · represented by Emanuel Boone
since 2022 · until 2027
Director · represented by Vincent Vanden Bempt
Also active at: IMMO HERBAFROST, TASCO, Rhea Ingredients, Steki
since 2022 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark 19
2235 Hulshout
Werkenstraat(V) 43
8600 Diksmuide
Active since 25 November 2005
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
- 0469.917.884
- VAT number
- BE 0469.917.884
- Registered office
- Industriepark 19, 2235 Hulshout
- Names & denominations
- HERBAFROST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2000
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
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