FRO is a holding company in Jabbeke. Public Limited, started on 1 June 2005, 2 establishments.

What is the address of FRO?

The registered office of FRO is located at Gistelsteenweg 321 box B, 8490 Jabbeke.

Yes. According to the CBE (29 October 2026) FRO is active, legal situation “Normale toestand”, started on 1 June 2005.

Is FRO registered on Peppol?

Yes, FRO is registered on the Peppol network with ID 0208:0874186269.

What is the enterprise number of FRO?

The enterprise number of FRO is BE0874186269.

When was FRO founded?

FRO was founded on 1 June 2005.

Who are the directors of FRO?

According to the 2025 annual accounts, the directors of FRO are: DE ACTO BV, FALCON FUND MANAGEMENT NV, Ellen VAN CAUWENBERGE, ACTIMO CONSULTING BV, PCES VOF.

Is FRO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 June 2005; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account; 2 establishments in the CBE.

How much profit did FRO make in 2025?

FRO posted a profit after taxes of € 13,965,617 in financial year 2025.

What is the revenue of FRO?

In its most recent annual accounts (2025), FRO reported revenue of € 6,322,437.

FRO (Public Limited) - Jabbeke - BE0874186269

Dossier FRO, printed on 29 October 2026 from databakkes.be/en/0874186269/fro. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 40 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FRO from Jabbeke, company number BE0874186269, closed financial year 2025 with a result of € 14 million after tax. For that financial year FRO recorded revenue of € 6.3 million and equity of € 22 million. Compared with financial year 2024, the result moved from € 9.8 million to € 14 million. Profitable, and profit is growing. 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 July 2, 2026.

What it is worth Growing

€ 22 million

▲ 35% vs 2024

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

Profit Growing

€ 14 million

▲ 43% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4.3 million

▲ € 4 million vs 2024

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

Where the profit goes Pays out

€ 8.3 million paid out

60 % of the profit went to the shareholders, mostly to DE ACTO (99 % of the shares). That is where the money ends up.

Debts at end 2025

Bank debt

€ 3 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 165,670

▼ 88% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 15 days on average.

Taxes

€ 357,198

▲ 63% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 4,400,000 Revenue 2022: € 4,400,000 First fiscal year in the series	€ 5,075,000 Revenue 2023: € 5,075,000 ▲ 15% vs 2022 (€ 4,400,000) Favourable step	€ 5,618,600 Revenue 2024: € 5,618,600 ▲ 11% vs 2023 (€ 5,075,000) Favourable step	€ 6,322,437 Revenue 2025: € 6,322,437 ▲ 13% vs 2024 (€ 5,618,600) Favourable step	▲ 13%
Profit after taxes	€ 10,740,396 Profit after taxes 2022: € 10,740,396 First fiscal year in the series	€ 5,928,375 Profit after taxes 2023: € 5,928,375 ▼ 45% vs 2022 (€ 10,740,396) Unfavourable step	€ 9,766,450 Profit after taxes 2024: € 9,766,450 ▲ 65% vs 2023 (€ 5,928,375) Favourable step	€ 13,965,617 Profit after taxes 2025: € 13,965,617 ▲ 43% vs 2024 (€ 9,766,450) Favourable step	▲ 43%
Equity	€ 14,667,525 Equity 2022: € 14,667,525 First fiscal year in the series	€ 15,095,395 Equity 2023: € 15,095,395 ▲ 3% vs 2022 (€ 14,667,525) Favourable step	€ 16,331,037 Equity 2024: € 16,331,037 ▲ 8% vs 2023 (€ 15,095,395) Favourable step	€ 21,975,947 Equity 2025: € 21,975,947 ▲ 35% vs 2024 (€ 16,331,037) Favourable step	▲ 35%
Total debts	€ 29,605,077 Total debts 2022: € 29,605,077 First fiscal year in the series	€ 26,217,462 Total debts 2023: € 26,217,462 ▼ 11% vs 2022 (€ 29,605,077) Favourable step	€ 28,256,527 Total debts 2024: € 28,256,527 ▲ 8% vs 2023 (€ 26,217,462) Unfavourable step	€ 26,541,783 Total debts 2025: € 26,541,783 ▼ 6% vs 2024 (€ 28,256,527) Favourable step	▼ 6%
Cash	€ 175,741 Cash 2022: € 175,741 First fiscal year in the series	€ 160,580 Cash 2023: € 160,580 ▼ 9% vs 2022 (€ 175,741) Unfavourable step	€ 302,470 Cash 2024: € 302,470 ▲ 88% vs 2023 (€ 160,580) Favourable step	€ 4,279,952 Cash 2025: € 4,279,952 ▲ € 4 million vs 2024 (€ 302,470) Favourable step	▲ € 4 million
Retained profit	€ 14,536,937 Retained profit 2022: € 14,536,937 First fiscal year in the series	€ 14,964,806 Retained profit 2023: € 14,964,806 ▲ 3% vs 2022 (€ 14,536,937) Favourable step	€ 16,200,449 Retained profit 2024: € 16,200,449 ▲ 8% vs 2023 (€ 14,964,806) Favourable step	€ 21,845,359 Retained profit 2025: € 21,845,359 ▲ 35% vs 2024 (€ 16,200,449) Favourable step	▲ 35%
Dividend	€ 5,050,505 Dividend 2022: € 5,050,505 First fiscal year in the series	€ 5,500,505 Dividend 2023: € 5,500,505 ▲ 9% vs 2022 (€ 5,050,505) Unchanged	€ 8,530,808 Dividend 2024: € 8,530,808 ▲ 55% vs 2023 (€ 5,500,505) Unchanged	€ 8,320,707 Dividend 2025: € 8,320,707 ▼ 2% vs 2024 (€ 8,530,808) Unchanged	▼ 2%
Bank debt	€ 12,000,000 Bank debt 2022: € 12,000,000 First fiscal year in the series	€ 5,000,000 Bank debt 2023: € 5,000,000 ▼ 58% vs 2022 (€ 12,000,000) Favourable step	€ 3,000,000 Bank debt 2024: € 3,000,000 ▼ 40% vs 2023 (€ 5,000,000) Favourable step	€ 3,000,000 Bank debt 2025: € 3,000,000 Unchanged (€ 3,000,000) Unchanged
Balance sheet total	€ 44,272,602 Balance sheet total 2022: € 44,272,602 First fiscal year in the series	€ 41,312,857 Balance sheet total 2023: € 41,312,857 ▼ 7% vs 2022 (€ 44,272,602) Unchanged	€ 44,587,564 Balance sheet total 2024: € 44,587,564 ▲ 8% vs 2023 (€ 41,312,857) Unchanged	€ 48,517,730 Balance sheet total 2025: € 48,517,730 ▲ 9% vs 2024 (€ 44,587,564) Unchanged	▲ 9%

Key figures of FRO, 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 FRO?

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

Jul 2, 2026 New annual accounts for financial year 2025: profit of € 14 million (▲ 43% vs 2024). Source: NBB ↗
2026 DE ACTO BV stepped down as director. NBB
2026 FALCON FUND MANAGEMENT NV stepped down as director. NBB
2026 Ellen VAN CAUWENBERGE stepped down as director. NBB
2026 ACTIMO CONSULTING BV stepped down as director. NBB
2026 PCES VOF stepped down as director. NBB
Mar 2, 2026 New establishment in Poperinge. KBO
2024 Ellen VAN CAUWENBERGE became a director. NBB

In short

From € 10.7 million profit in 2022 to € 14 million profit in 2025.

Paid € 649,467 in corporate taxes since 2022.

Best year ever: 2025, with € 14 million profit.

Paid out € 27.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DE ACTO 99%

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

FRO

Tilcon 100%

Lengkeek Staalbouw 100%

Actum Building Service 100%

Actum Services France 100%

The shares are held by DE ACTO (99%). It owns 100% of Tilcon, 100% of Lengkeek Staalbouw, 100% of Actum Building Service, 100% of Actum Services France, 100% of Actum Services and 100% of Magrometal itself.