Active · per the CBE, 29 October 2026

Global Fries

BE0767535165

Rechtspersoon Private limited company 1 establishment

Global Fries is a food producer in Vleteren. Private Limited, started on 27 April 2021, 1 establishment.

Westvleterenstraat(Oost) 25A, 8640 Vleteren

Behind the company: BLACK ARROW, Gijsbertus Muilenburg.

Active for

5 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 4 fiscal years.

Financials

Financial year 2025

Global Fries from Vleteren, company number BE0767535165, closed financial year 2025 with a result of € -9 million after tax. For that financial year Global Fries recorded revenue of € 78.2 million and equity of € -4.2 million. Compared with financial year 2024, the result moved from € 755,881 to € -9 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Caution

€ -4.2 million

▼ € 9 million vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -9 million

▼ still € 755,881 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4.7 million

▲ € 3.9 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -9.4 million.

People and assets in 2025

Full-time equivalents

69.7

▲ 9.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 5 million

▲ 21% vs 2024

€ 72,200 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.

Vehicles and equipment

€ 188,626

▼ 3% vs 2024

Of which on lease € 13,000.

Debts at end 2025

Bank debt ≈ 3043 years to go

€ 49.5 million

▲ 40% vs 2024

€ 16,268 is repaid this year. At this pace the long-term loan is gone in ≈ 3043 years.

Owed to suppliers

€ 11.1 million

▼ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.

Taxes and wages

€ 801,735

▼ 20% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 51,757,577 € 66,549,689 € 66,884,453 € 78,159,898 ▲ 17%
Profit after taxes € -3,186,947 € 2,081,938 € 755,881 € -9,019,283 ▼ € 9.8 million
Equity € -2,186,947 € 3,894,991 € 4,842,721 € -4,202,723 ▼ € 9 million
Total debts € 22,775,196 € 26,182,074 € 51,255,677 € 61,877,364 ▲ 21%
Cash € 2,830,841 € 284,993 € 763,935 € 4,705,523 ▲ € 3.9 million
Land & buildings € 4,409,120 € 4,370,290 € 4,761,781 € 4,985,764 ▲ 5%
Retained profit € -3,186,947 € -1,105,009 € -349,128 € -9,368,411 ▼ € 9 million
Bank debt € 6,898,502 € 11,440,542 € 35,339,483 € 49,502,103 ▲ 40%
Balance sheet total € 20,588,249 € 30,077,065 € 56,098,398 € 57,734,641 ▲ 3%
Employees (FTE) 30.5 50 60.3 69.7 ▲ 9.4

Key figures of Global Fries, 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 Global Fries?

What happened at Global Fries in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 9 million (▼ € 9.8 million vs 2024). Source: NBB ↗
  • BLACK ARROW became a director. NBB
  • Gijsbertus Muilenburg became a director. NBB
  • Start of the company according to the CBE. KBO
  • New establishment in Vleteren. KBO

In short

From € 3.2 million loss in 2022 to € 9 million loss in 2025.

Paid € 224,599 in corporate taxes since 2022.

Best year ever: 2023, with € 2.1 million profit.

Pays suppliers within 57 days on average.

Management

The stake of Global Fries Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Global Fries

Behind Global Fries are BLACK ARROW and Gijsbertus Muilenburg. The shares are held by Global Fries Holding (100%). It owns 100% of FARM POTATO itself.

Directors

According to the 2025 annual accounts

BLACK ARROW

Director · represented by Bram Lamaire

Also active at: Global Fries Holding, Farm Potato

since 2021

Gijsbertus Muilenburg

Director

Also active at: FARM TRANS BELGIUM, Global Fries Holding, FARM TRANS WAREHOUSING, Farm Potato

since 2021

Shareholders

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Westvleterenstraat(Oost) 25A

8640 Vleteren

2.248.667.757

Westvleterenstraat(Oost) 25 / A

8640 Vleteren

Active since 1 January 2016

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0767.535.165
VAT number
BE 0767.535.165
Registered office
Westvleterenstraat(Oost) 25A, 8640 Vleteren
Names & denominations
Global Fries
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
27 April 2021
Peppol
Active · Active since 17 Sept 2025
Activities · NACE

Verwerking en conservering van aardappelen, exclusief productie van diepgevroren aardappelbereidingen

Groothandel in consumptieaardappelen

Handelsbemiddeling in de groothandel in voedings- en genotmiddelen

Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten

Groothandel in aardappelproducten

Productie van diepgevroren aardappelbereidingen

Frequently asked questions

What does Global Fries do?
Global Fries is a food producer in Vleteren. Private Limited, started on 27 April 2021, 1 establishment.
What is the address of Global Fries?
The registered office of Global Fries is located at Westvleterenstraat(Oost) 25A, 8640 Vleteren.
Is Global Fries still active?
Yes. According to the CBE (29 October 2026) Global Fries is active, legal situation “Normale toestand”, started on 27 April 2021.
Is Global Fries registered on Peppol?
Yes, Global Fries is registered on the Peppol network with ID 0208:0767535165.
What is the enterprise number of Global Fries?
The enterprise number of Global Fries is BE0767535165.
When was Global Fries founded?
Global Fries was founded on 27 April 2021.