Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
F.R.W. INVEST from Brugge, company number BE0631692902, closed financial year 2025 with a result of € 34,525 after tax. For that financial year F.R.W. INVEST recorded a gross margin of € 180,895 and equity of € 562,554. Compared with financial year 2024, the result moved from € 20,167 to € 34,525. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 562,554
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,525
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 40,363
▼ 61% 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 € 453,873.
People and assets in 2025
€ 48,312
▲ € 38,761 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 400,681
▼ 1% vs 2024
€ 45,334 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 15,325
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16
▼ € 10,977 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,297 | € 175,437 | € 183,079 | € 180,895 | ▼ 1% |
| Profit after taxes | € 8,870 | € 43,046 | € 20,167 | € 34,525 | ▲ 71% |
| Equity | € 464,816 | € 507,862 | € 528,029 | € 562,554 | ▲ 7% |
| Total debts | € 3,215,936 | € 3,298,154 | € 3,242,850 | € 3,173,716 | ▼ 2% |
| Cash | € 95,921 | € 70,498 | € 104,728 | € 40,363 | ▼ 61% |
| Land & buildings | € 1,024,015 | € 1,053,235 | € 1,148,192 | € 1,207,430 | ▲ 5% |
| Retained profit | € 356,135 | € 399,181 | € 419,348 | € 453,873 | ▲ 8% |
| Bank debt | € 255,560 | € 414,824 | € 406,246 | € 400,681 | ▼ 1% |
| Balance sheet total | € 3,680,752 | € 3,806,016 | € 3,770,879 | € 3,736,270 | ▼ 1% |
Key figures of F.R.W. INVEST, 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 F.R.W. INVEST?
What happened at F.R.W. INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,525 (▲ 71% vs 2024). filed late Source: NBB ↗
- Frédérique ROGIEST became a director. NBB
- Frederic WILLEMS became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,870 profit in 2022 to € 34,525 profit in 2025.
Paid € 114,620 in corporate taxes since 2022.
Best year ever: 2023, with € 43,046 profit.
A new publication or filing at F.R.W. INVEST? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind F.R.W. INVEST are Frédérique ROGIEST and Frederic WILLEMS. It owns 99% of AFKOR itself.
Directors
According to the 2025 annual accounts
Frédérique ROGIEST
Director
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Noorweegse Kaai 71
8000 Brugge
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
- 0631.692.902
- VAT number
- BE 0631.692.902
- Registered office
- Noorweegse Kaai 71, 8000 Brugge
- Names & denominations
- F.R.W. INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2015
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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Adviesbureaus op het gebied van public relations en communicatie
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