Financials
Financial year 2025
ECOFROST from Péruwelz, company number BE0475512410, closed financial year 2025 with a result of € 40 million after tax. For that financial year ECOFROST recorded revenue of € 561.6 million and equity of € 194.3 million. Compared with financial year 2024, the result moved from € 102.5 million to € 40 million. 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 October 15, 2026.
€ 194.3 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40 million
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 40.5 million
▼ 9% 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 € 191.6 million.
People and assets in 2025
195.9
▲ 48.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 20.1 million
▲ 37% vs 2024
€ 102,600 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.
€ 7.3 million
▲ 47% vs 2024
Of which on lease € 6 million.
Debts at end 2025
€ 95.3 million
▲ 75% vs 2024
€ 8.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 55.1 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 2 million
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 187,401,002 | € 582,103,122 | € 561,641,187 | ▼ 4% |
| Profit after taxes | € 1,717,482 | € 102,522,526 | € 39,985,487 | ▼ 61% |
| Equity | € 56,185,776 | € 158,109,822 | € 194,348,412 | ▲ 23% |
| Total debts | € 51,782,254 | € 120,273,175 | € 152,408,813 | ▲ 27% |
| Cash | € 11,799,337 | € 44,423,010 | € 40,528,209 | ▼ 9% |
| Land & buildings | € 9,299,194 | € 15,296,361 | € 64,460,888 | ▲ € 49.2 million |
| Retained profit | € 49,135,395 | € 151,657,921 | € 191,643,408 | ▲ 26% |
| Bank debt | € 13,524,380 | € 54,546,702 | € 95,277,301 | ▲ 75% |
| Balance sheet total | € 108,991,051 | € 279,092,132 | € 347,554,038 | ▲ 25% |
| Employees (FTE) | 107.6 | 147.2 | 195.9 | ▲ 48.7 |
Key figures of ECOFROST, 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 ECOFROST?
What happened at ECOFROST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- D & P Vervaeke BV stepped down as director. NBB
- Luc & Marc Invest SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 40 million (▼ 61% vs 2024). filed late Source: NBB ↗
- D & P Vervaeke BV became a director. NBB
- Luc & Marc Invest SRL became a director. NBB
- New establishment in Péruwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2022 to € 40 million profit in 2025.
Paid € 51.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 102.5 million profit.
Pays suppliers within 42 days on average.
Management
The stake of LUC & MARC INVEST, D & P VERVAEKE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ECOFROSTThe shares are held by LUC & MARC INVEST (66.7%) and D & P VERVAEKE (33.3%). It owns 90% of Ecofrost Peronne SAS itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Pol Vervaeke
since 2020 · until 2029
Managing director · represented by Marc Hoflack
since 2020 · until 2029
Shareholders
66.7%
33.3%
Participations
Ecofrost Peronne SAS
90%
Establishments
Establishment units
Physical locations of this company
Rue de l'Europe(PER) 34
7600 Péruwelz
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Details
- Company number
- 0475.512.410
- VAT number
- BE 0475.512.410
- Registered office
- Rue de l'Europe(PER) 34, 7600 Péruwelz
- Names & denominations
- ECOFROST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 2001
- Peppol
- Active · Active since 21 Jan 2026
- Contact
- ecofrost.be
- Activities · NACE
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