ACTIVE

NORTHFREEZE

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Financial year 2025 · Closed on 31/12/2025

Net result
-2,4 M €
-4 239,4 %over 1 year
Revenue
11,2 M €
+33,2 %over 1 year
Equity
4,8 M €
-32,9 %over 1 year
Workforce
43,0 ETP
+19,1 %over 1 year

Identity

Source · BCE/KBO

NORTHFREEZE is a Public limited company incorporated in 1988. Its main activity is: Warehousing and storage. Its registered office is in Evergem. It employs on average 43,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.056.075
Incorporation
14/12/1988
Legal form
Public limited company
Registered office
Durmakker 12
9940 Evergem · FlandreSee on map
Contributed capital
446 208,34 €
Latest accounts
31/12/2025
Average workforce
43,0 ETP
Joint committees (2)
  • 118
  • 220
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue11,2 M €8,4 M €8,8 M €8,3 M €6,4 M €
EBITDA-1,2 M €1,2 M €1,3 M €2,8 M €1,7 M €
Operating result-2,4 M €181,3 k €374,9 k €1,9 M €782,6 k €
Net result-2,4 M €57,4 k €235,2 k €1,4 M €550,3 k €
Balance sheet
Equity4,8 M €7,2 M €7,2 M €6,9 M €5,6 M €
Total assets17,6 M €16,6 M €16,6 M €14,8 M €13,7 M €
Cash771,2 k €733,7 k €808,5 k €1,2 M €1,5 M €
Debts11,5 M €8,6 M €8,6 M €7,1 M €7,6 M €
Other
Workforce43,0 ETP36,1 ETP34,2 ETP29,8 ETP25,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 36 ended

Active mandates

Elizabeth Gildea

Managing director · since 29 avril 2025 · until 31 mai 2030

Active
Michael Meyers

Director · since 21 mars 2025 · until 31 mai 2030

Active
Rai Hardip

Director · since 24 septembre 2024 · until 29 avril 2025

Active
REESTA

Director · since 28 février 2022 · until 21 mars 2025 · 0473.665.351

Represented by Boone Dirk Camiel

Active
VENJA

Director · since 28 février 2022 · until 28 mai 2027 · 0873.948.323

Represented by Van Der Vennet Jacky

Active

Ended mandates

Gerben Paauwe

Director · since 01 août 2022 · until 26 mai 2028

Ended
Gerben Paauwe

Managing director · since 01 août 2022 · until 26 mai 2028

Ended
Bogdan Ciobotaru

Chairman of the board of directors · since 28 février 2022 · until 28 mai 2027

Ended
Frans van Helden

Director · since 28 février 2022 · until 28 mai 2027

Ended

Other companies at this address

Durmakker 12 9940 Evergem
CompanyCBE no.
DE NOORDRIJ● Active
0643.806.717
NORTRAFFIC● Active
0862.028.409

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date29/06/202604/07/202503/06/202420/07/202330/09/202217/06/2021
General meeting19/06/202620/06/202531/05/202417/07/202314/09/202229/05/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202629/06/2026DutchPDF
Full model31/12/202420/06/202504/07/2025DutchPDF
Full model31/12/202331/05/202403/06/2024DutchPDF
Full model31/12/202217/07/202320/07/2023DutchPDF
Full modelCorrection31/12/202114/09/202230/09/2022DutchPDF
Full model31/12/202130/06/202231/07/2022DutchPDF
Full model31/12/202029/05/202117/06/2021DutchPDF
Full model31/12/201908/09/202024/09/2020DutchPDF
Full model31/12/201825/05/201918/06/2019DutchPDF
Full model31/12/201726/05/201807/06/2018DutchPDF
Full model31/12/201627/05/201704/06/2017DutchPDF
Full model31/12/201528/05/201606/06/2016DutchPDF
Full model31/12/201430/05/201502/06/2015DutchPDF
Full model31/12/201331/05/201404/06/2014DutchPDF
Full model31/12/201225/05/201303/06/2013DutchPDF
Full model31/12/201126/05/201217/07/2012DutchPDF
Abridged model31/12/201028/05/201124/06/2011DutchPDF
Abridged model31/12/200929/05/201023/06/2010DutchPDF
Abridged model31/12/200830/05/200930/06/2009DutchPDF
Abridged model31/12/200731/05/200823/06/2008DutchPDF
Abridged model31/12/200626/05/200718/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

5 active · 36 ended

Active mandates

Elizabeth Gildea

Managing director · since 29 avril 2025 · until 31 mai 2030

Active
Michael Meyers

Director · since 21 mars 2025 · until 31 mai 2030

Active
Rai Hardip

Director · since 24 septembre 2024 · until 29 avril 2025

Active
REESTA

Director · since 28 février 2022 · until 21 mars 2025 · 0473.665.351

Represented by Boone Dirk Camiel

Active
VENJA

Director · since 28 février 2022 · until 28 mai 2027 · 0873.948.323

Represented by Van Der Vennet Jacky

Active

Ended mandates

Gerben Paauwe

Director · since 01 août 2022 · until 26 mai 2028

Ended
Gerben Paauwe

Managing director · since 01 août 2022 · until 26 mai 2028

Ended
Bogdan Ciobotaru

Chairman of the board of directors · since 28 février 2022 · until 28 mai 2027

Ended
Frans van Helden

Director · since 28 février 2022 · until 28 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/03/2023
    DIVERSEN
    PDF
  • Mandates24/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates21/03/2022
    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 2025-2,4 M €↓
  2. 2024
    Annual accounts 202457,4 k €↓
  3. 2023
    Annual accounts 2023235,2 k €↓
  4. 2022
    Annual accounts 20221,4 M €↑
  5. 2021
    Annual accounts 2021550,3 k €↓
  6. 2020
    Annual accounts 2020888,9 k €↑
  7. 2019
    Annual accounts 2019375,1 k €↓
  8. 2018
    Annual accounts 20182,1 M €↑
  9. 2017
    Annual accounts 2017369,3 k €↑
  10. 2016
    Annual accounts 2016245,2 k €↓
  11. 2015
    Annual accounts 2015377,8 k €↑
  12. 2014
    Annual accounts 2014354,2 k €↑
  13. 2013
    Annual accounts 2013338,9 k €↑
  14. 2012
    Annual accounts 2012120,3 k €↑
  15. 2010
    Annual accounts 201080,5 k €↓
  16. 2009
    Annual accounts 2009294,1 k €↑
  17. 2008
    Annual accounts 2008173,9 k €↑
  18. 2007
    Annual accounts 2007128,3 k €↓
  19. 2006
    Annual accounts 2006292,8 k €
  20. 14/12/1988
    IncorporationPublic limited company