Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.3 to 2.8.
Financials
Financial year 2025
FRENI AG from Sankt Vith, company number BE0474257546, closed financial year 2025 with a result of € 66,687 after tax. For that financial year FRENI AG recorded a gross margin of € 356,840 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 38,115 to € 66,687. 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 July 8, 2026.
€ 1.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,687
▲ 75% vs 2024
Profit after tax over the fiscal year.
€ 151,813
▼ 15% 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 € 970,534.
People and assets in 2025
2.8
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 133,959
▼ 13% vs 2024
€ 47,800 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.
€ 30,261
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 16% vs 2024
€ 190,489 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 42,091
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,206
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 544,132 | € 451,155 | € 322,925 | € 356,840 | ▲ 11% |
| Profit after taxes | € 155,184 | € 108,121 | € 38,115 | € 66,687 | ▲ 75% |
| Equity | € 840,727 | € 947,932 | € 985,130 | € 1,050,899 | ▲ 7% |
| Total debts | € 1,721,501 | € 1,158,639 | € 1,550,868 | € 1,880,343 | ▲ 21% |
| Cash | € 317,965 | € 119,909 | € 177,820 | € 151,813 | ▼ 15% |
| Land & buildings | € 1,544,849 | € 1,449,428 | € 1,945,837 | € 2,321,332 | ▲ 19% |
| Retained profit | € 757,611 | € 865,732 | € 903,847 | € 970,534 | ▲ 7% |
| Bank debt | € 691,584 | € 640,743 | € 950,319 | € 1,102,325 | ▲ 16% |
| Balance sheet total | € 2,562,229 | € 2,106,571 | € 2,535,998 | € 2,931,242 | ▲ 16% |
| Employees (FTE) | 5.9 | 4.3 | 3.7 | 2.8 | ▼ 0.9 |
Key figures of FRENI AG, 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 FRENI AG?
What happened at FRENI AG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 66,687 (▲ 75% vs 2024). Source: NBB ↗
- Ann Mariette DE RECHTER stepped down as director. NBB
- Peter Ludwig MARAITE stepped down as director. NBB
- Lucas Mark MARAITE stepped down as director. NBB
- Ann Mariette DE RECHTER became a director. NBB
- Peter Ludwig MARAITE became a director. NBB
- Lucas Mark MARAITE became a director. NBB
- New establishment in Sankt Vith. KBO
In short
From € 155,184 profit in 2022 to € 66,687 profit in 2025.
Paid € 117,662 in corporate taxes since 2022.
Best year ever: 2022, with € 155,184 profit.
On average € 127,400 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Ann Mariette DE RECHTER
Director
since 2020 · until 2026
Peter Ludwig MARAITE
Managing director
since 2020 · until 2026
Lucas Mark MARAITE
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Hauptstrasse 42
4780 Sankt Vith
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Details
- Company number
- 0474.257.546
- VAT number
- BE 0474.257.546
- Registered office
- Hauptstrasse 42, 4780 Sankt Vith
- Names & denominations
- FRENI AG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2001
- Peppol
- Active · Active since 20 Nov 2025
- Contact
- freni.be
- Activities · NACE
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Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Groothandel in ijzerwaren
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair