Financials
Financial year 2025
FRIBELS from Elsene, company number BE0865860701, closed financial year 2025 with a result of € -115,370 after tax. For that financial year FRIBELS recorded a gross margin of € 371,686 and equity of € 166,734. Compared with financial year 2024, the result moved from € 52,253 to € -115,370. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 166,734
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -115,370
▼ still € 52,253 profit in 2024
Profit after tax over the fiscal year.
€ 33,247
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 160,534.
People and assets in 2025
8.6
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 482,271
▼ 13% vs 2024
€ 56,100 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.
Debts at end 2025
€ 49,081
▲ 41% vs 2024
Loans from banks and other lenders, long and short.
€ 51,921
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 69,356
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 471,612 | € 532,719 | € 634,384 | € 371,686 | ▼ 41% |
| Profit after taxes | € 6,876 | € 21,786 | € 52,253 | € -115,370 | ▼ € 167,624 |
| Equity | € 234,200 | € 251,899 | € 282,172 | € 166,734 | ▼ 41% |
| Total debts | € 326,106 | € 332,451 | € 182,615 | € 192,147 | ▲ 5% |
| Cash | € 23,144 | € 21,770 | € 52,475 | € 33,247 | ▼ 37% |
| Retained profit | € 223,300 | € 245,087 | € 275,905 | € 160,534 | ▼ 42% |
| Dividend | € 0 | € 0 | € 21,436 | € 0 | ▼ 100% |
| Bank debt | € 57,615 | € 38,434 | € 34,846 | € 49,081 | ▲ 41% |
| Balance sheet total | € 560,305 | € 584,350 | € 464,787 | € 358,881 | ▼ 23% |
| Employees (FTE) | 10.7 | 9.4 | 10 | 8.6 | ▼ 1.4 |
Key figures of FRIBELS, 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 FRIBELS?
What happened at FRIBELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 115,370 (▼ € 167,624 vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,876 profit in 2022 to € 115,370 loss in 2025.
Paid € 38,282 in corporate taxes since 2022.
Best year ever: 2024, with € 52,253 profit.
On average € 43,200 of value added per employee in 2025.
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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 FRIBELS are David DENEUX and Georges ORPHANIDES. The same people are also behind FROIRECA.
Establishments
Establishment units
Physical locations of this company
Louizalaan 231
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.860.701
- VAT number
- BE 0865.860.701
- Registered office
- Louizalaan 231, 1050 Elsene
- Names & denominations
- FRIBELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2004
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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