Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE FRIGO from Aalst, company number BE0680627026, closed financial year 2025 with a result of € -22,605 after tax. For that financial year DE FRIGO recorded a gross margin of € 403,371 and equity of € 288,981. Compared with financial year 2024, the result moved from € -11,155 to € -22,605. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 288,981
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,605
▼ 103 % more loss than in 2024
Profit after tax over the fiscal year.
€ 62,664
▲ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 263,981.
People and assets in 2025
€ 318,535
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,369
▼ 73% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 486,926
▼ 7% vs 2024
€ 44,497 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 37,546
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,855
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 503,031 | € 536,383 | € 425,043 | € 403,371 | ▼ 5% |
| Profit after taxes | € -20,267 | € 10,144 | € -11,155 | € -22,605 | ▼ € 11,449 |
| Equity | € 312,597 | € 322,741 | € 311,585 | € 288,981 | ▼ 7% |
| Total debts | € 1,052,251 | € 967,086 | € 929,032 | € 837,821 | ▼ 10% |
| Cash | € 71,053 | € 97,767 | € 35,723 | € 62,664 | ▲ 75% |
| Land & buildings | € 556,603 | € 615,634 | € 599,552 | € 576,557 | ▼ 4% |
| Retained profit | € 287,597 | € 297,741 | € 286,585 | € 263,981 | ▼ 8% |
| Bank debt | € 657,862 | € 563,721 | € 523,963 | € 486,926 | ▼ 7% |
| Balance sheet total | € 1,364,848 | € 1,289,827 | € 1,240,618 | € 1,126,802 | ▼ 9% |
| Employees (FTE) | 0 | 8.1 | 6.8 | - |
Key figures of DE FRIGO, 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 DE FRIGO?
What happened at DE FRIGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,605. Source: NBB ↗
- Matthias De Ridder became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,267 loss in 2022 to € 22,605 loss in 2025.
Paid € 1,098 in corporate taxes since 2022.
Best year ever: 2023, with € 10,144 profit.
On average € 62,500 of value added per employee in 2024.
A new publication or filing at DE FRIGO? 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 DE FRIGO is Matthias De Ridder. Matthias De Ridder is also behind Onderwijsvereniging van Steden en Gemeenten, OVSG PLUS and Slagerij De Ridder.
Directors
According to the 2025 annual accounts
Matthias De Ridder
Director
Also active at: Onderwijsvereniging van Steden en Gemeenten, OVSG PLUS, Slagerij De Ridder
since 2024
Establishments
Establishment units
Physical locations of this company
Zwarte Zustersstraat 7 box A
9300 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.627.026
- VAT number
- BE 0680.627.026
- Registered office
- Zwarte Zustersstraat 7 bus A, 9300 Aalst
- Names & denominations
- DE FRIGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 2017
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening