ACTIVE

FREEZE AIR

Financial year 2025 · Closed on 31/12/2025

Net result135,8 k €+207,1 %over 1 year
Gross margin568,8 k €+21,0 %over 1 year
Equity450,5 k €-12,5 %over 1 year

Identity

Source · BCE/KBO

FREEZE AIR is a Public limited company incorporated in 1978. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Stabroek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.619.039
Incorporation
01/07/1978
Legal form
Public limited company
Registered office
Laageind 5
2940 Stabroek · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Joint committees (2)
  • 1240
  • 2000
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin568,8 k €470 k €418,9 k €610,4 k €452,6 k €
EBITDA196,2 k €77,5 k €54,1 k €311,4 k €143,1 k €
Operating result178,7 k €57,6 k €42,5 k €296,8 k €134,3 k €
Net result135,8 k €44,2 k €28 k €222,7 k €102,9 k €
Balance sheet
Equity450,5 k €514,7 k €470,4 k €442,4 k €419,8 k €
Total assets943,5 k €754,7 k €771,9 k €941,3 k €604 k €
Cash589,1 k €231,5 k €115,4 k €175 k €46,1 k €
Debts493,1 k €215,3 k €282,4 k €381,3 k €175,8 k €
Other
Workforce–––6,8 ETP6,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Jacob Cijsouw

Managing director · since 09 juin 2023 · until 30 juin 2029

Active
Saswati Nag

Managing director · since 09 juin 2023 · until 30 juin 2029

Active

Ended mandates

Jacob Cijsouw

Managing director · since 13 juin 2017 · until 30 juin 2023

Ended
Jacob Cijsouw

Managing director · since 13 juin 2017 · until 30 juin 2029

Ended
Saswati Nag

Managing director · since 13 juin 2017 · until 30 juin 2023

Ended
Saswati Nag

Managing director · since 13 juin 2017 · until 30 juin 2029

Ended

Other companies at this address

Laageind 5 2940 Stabroek
CompanyCBE no.
A & M BEHEER● Active
0477.824.869
GEVAS● Active
0427.100.896
GEVAS MONTAGE● Active
0887.030.752
0789.719.065
PVG MONTAGE● Active
1005.839.421

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/07/202610/07/202515/07/202414/07/202327/07/202230/06/2021
General meeting09/06/202610/06/202511/06/202430/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/06/202620/07/2026DutchPDF
Abridged model31/12/202410/06/202510/07/2025DutchPDF
Abridged model31/12/202311/06/202415/07/2024DutchPDF
Abridged model31/12/202230/06/202314/07/2023DutchPDF
Abridged model31/12/202114/06/202227/07/2022DutchPDF
Abridged model31/12/202008/06/202130/06/2021DutchPDF
Abridged model31/12/201909/06/202025/06/2020DutchPDF
Abridged model31/12/201830/06/201922/07/2019DutchPDF
Abridged model31/12/201712/06/201825/07/2018DutchPDF
Abridged model31/12/201613/06/201719/06/2017DutchPDF
Abridged model31/12/201514/06/201630/08/2016DutchPDF
Abridged model31/12/201409/06/201529/07/2015DutchPDF
Abridged model31/12/201310/06/201422/08/2014DutchPDF
Abridged model31/12/201211/06/201331/07/2013DutchPDF
Abridged model31/12/201112/06/201220/09/2012DutchPDF
Abridged model31/12/201014/06/201129/07/2011DutchPDF
Abridged model31/12/200929/06/201030/06/2010DutchPDF
Abridged model31/12/200830/06/200909/07/2009DutchPDF
Abridged model31/12/200731/05/200811/06/2008DutchPDF
Abridged model31/12/200630/06/200730/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Jacob Cijsouw

Managing director · since 09 juin 2023 · until 30 juin 2029

Active
Saswati Nag

Managing director · since 09 juin 2023 · until 30 juin 2029

Active

Ended mandates

Jacob Cijsouw

Managing director · since 13 juin 2017 · until 30 juin 2023

Ended
Jacob Cijsouw

Managing director · since 13 juin 2017 · until 30 juin 2029

Ended
Saswati Nag

Managing director · since 13 juin 2017 · until 30 juin 2023

Ended
Saswati Nag

Managing director · since 13 juin 2017 · until 30 juin 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/02/2014
    KAPITAAL - AANDELEN
    PDF
  • Mandates27/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/09/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2002
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025135,8 k €↑
  2. 2024
    Annual accounts 202444,2 k €↑
  3. 2023
    Annual accounts 202328 k €↓
  4. 2022
    Annual accounts 2022222,7 k €↑
  5. 2021
    Annual accounts 2021102,9 k €↑
  6. 2020
    Annual accounts 202020,7 k €↓
  7. 2019
    Annual accounts 2019106,3 k €↑
  8. 2018
    Annual accounts 201870,6 k €↑
  9. 2017
    Annual accounts 201725,5 k €↓
  10. 2016
    Annual accounts 201650,8 k €↑
  11. 2015
    Annual accounts 201529,1 k €↓
  12. 2014
    Annual accounts 201441 k €↓
  13. 2013
    Annual accounts 201373,1 k €↓
  14. 2012
    Annual accounts 2012163,5 k €↑
  15. 2011
    Annual accounts 201181 k €↑
  16. 2010
    Annual accounts 201062,4 k €↑
  17. 2009
    Annual accounts 200919,4 k €↓
  18. 2008
    Annual accounts 200862 k €↓
  19. 2007
    Annual accounts 2007112,9 k €↑
  20. 2006
    Annual accounts 200679,3 k €
  21. 01/07/1978
    IncorporationPublic limited company