ACTIVE

FRIGOREXPRESS

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Financial year 2025 · closed on 30/09/2025

Net result

511,2 k €

-41.2% YoY

Revenue

55,6 M €

+20.4% YoY

Equity

7,8 M €

+5.5% YoY

Workforce

11,1 ETP

+22.0% YoY

What does FRIGOREXPRESS do?

FRIGOREXPRESS is a Public limited company incorporated in 1998. Its registered office is in Péruwelz. It employs on average 11,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.076.416

Incorporation

03/04/1998

Legal form

Public limited company

Registered office

Rue du Champ Lionne(ROU) 8
7601 Péruwelz · WallonieSee on map

Contributed capital

293 946,76 €

Latest accounts

30/09/2025

Average workforce

11,1 ETP

Joint committees (2)

14003
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	55,6 M €	+20.4%	46,2 M €	-1.4%	46,8 M €	-4.0%	48,8 M €	+21.0%	40,3 M €	+16.6%	34,6 M €	+11.6%	31 M €	+15.8%	26,7 M €	+17.2%	22,8 M €	+15.7%	19,7 M €		–		18,4 M €	+1225336962%	1,5 €	-100.0%	12,6 M €	+34.8%	9,3 M €	+12.0%	8,3 M €		–
EBITDA	2,1 M €	+6.6%	1,9 M €	+25.0%	1,6 M €	-51.6%	3,2 M €	+18.2%	2,7 M €	+22.5%	2,2 M €	+33.4%	1,7 M €	+7.2%	1,6 M €	-5.3%	1,6 M €	+9.3%	1,5 M €	+29.3%	1,2 M €	+7.4%	1,1 M €	+56.7%	691,5 k €	-25.1%	923,2 k €	+31.8%	700,6 k €	-26.3%	951,3 k €	-8.5%	1 M €
Operating result	560,4 k €	-33.6%	844,2 k €	+45.8%	578,9 k €	-73.4%	2,2 M €	+22.5%	1,8 M €	+55.5%	1,1 M €	+124%	509,4 k €	-3.9%	530,2 k €	+50.0%	353,5 k €	-18.1%	431,5 k €	+47.7%	292,1 k €	-31.4%	425,9 k €	+22.8%	346,9 k €	-36.8%	548,4 k €	+111%	260,5 k €	-27.3%	358,2 k €	-3.6%	371,7 k €
Net result	511,2 k €	-41.2%	870 k €	+38.9%	626,3 k €	-60.7%	1,6 M €	+24.3%	1,3 M €	+78.8%	716,9 k €	+141%	296,9 k €	-21.2%	376,7 k €	+146%	153,5 k €	-56.9%	356,1 k €	+110%	169,5 k €	+10.4%	153,5 k €	+60.4%	95,7 k €	-74.8%	379,7 k €	+259%	105,8 k €	-40.6%	178,2 k €	-16.8%	214,3 k €
Balance sheet
Equity	7,8 M €	+5.5%	7,4 M €	+11.6%	6,6 M €	+10.5%	6 M €	+36.2%	4,4 M €	+41.1%	3,1 M €	+29.9%	2,4 M €	+14.1%	2,1 M €	+21.8%	1,7 M €	-5.1%	1,8 M €	+24.4%	1,5 M €	+13.1%	1,3 M €	+13.5%	1,1 M €	+9.2%	1 M €	+57.2%	663,4 k €	+19.0%	557,6 k €	+47.0%	379,4 k €
Total assets	19,1 M €	+20.4%	15,9 M €	+8.0%	14,7 M €	+0.7%	14,6 M €	+25.0%	11,7 M €	+9.6%	10,6 M €	+0.1%	10,6 M €	+18.5%	9 M €	-2.4%	9,2 M €	+9.7%	8,4 M €	-16.9%	10,1 M €	+12.9%	8,9 M €	+30.9%	6,8 M €	+21.0%	5,6 M €	+40.2%	4 M €	+29.0%	3,1 M €	-10.7%	3,5 M €
Cash	2,7 M €	+111%	1,3 M €	-39.5%	2,1 M €	+42.0%	1,5 M €	-13.0%	1,7 M €	+2034%	79,8 k €	-7.5%	86,4 k €	-41.8%	148,3 k €	+59.6%	93 k €	+15.9%	80,2 k €	-74.7%	317,2 k €	+35.8%	233,6 k €	+23.9%	188,5 k €	-58.4%	453,3 k €	+781%	51,5 k €	+45.4%	35,4 k €	-35.3%	54,7 k €
Debts	11,3 M €	+33.2%	8,5 M €	+5.9%	8 M €	-7.0%	8,6 M €	+18.3%	7,3 M €	-3.4%	7,5 M €	-8.6%	8,2 M €	+19.9%	6,9 M €	-7.9%	7,5 M €	+13.8%	6,6 M €	-23.9%	8,6 M €	+13.3%	7,6 M €	+33.9%	5,7 M €	+23.9%	4,6 M €	+36.8%	3,4 M €	+31.2%	2,6 M €	-17.8%	3,1 M €
Other
Workforce	11,1 ETP	+22.0%	9,1 ETP	+5.8%	8,6 ETP	-9.5%	9,5 ETP	+3.3%	9,2 ETP	-13.2%	10,6 ETP	-7.0%	11,4 ETP	+5.6%	10,8 ETP	-19.4%	13,4 ETP	+8.9%	12,3 ETP	+16.0%	10,6 ETP	+27.7%	8,3 ETP	-10.8%	9,3 ETP	-28.5%	13,0 ETP	0.0%	13,0 ETP	-19.8%	16,2 ETP	-16.9%	19,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 13 ended

Active mandates

FREDDY DE SMET

Director

Active

Ended mandates

Freddy De Smet

Managing director · since 14 mars 2021 · until 14 mars 2027

Ended

Randy Europe SA

Director · since 14 mars 2021 · until 14 mars 2027

Represented by Joke De Smet

Ended

RANDY EUROPE SA

Director · since 14 mars 2021 · until 14 mars 2027

Represented by Joke De SMet

Ended

FREDDY DE SMET

Managing director · since 12 mai 2016 · until 12 mai 2022

Ended

At this address

Other companies at this address

Company	CBE no.
Randy België● Active	0752.992.687

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/04/2026	03/04/2025	26/03/2024	01/04/2023	07/04/2022	15/04/2021
General meeting	31/03/2026	14/03/2025	14/03/2024	14/03/2023	14/03/2022	14/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	31/03/2026	01/04/2026	French	PDF
Full model	30/09/2024	14/03/2025	03/04/2025	French	PDF
Full model	30/09/2023	14/03/2024	26/03/2024	French	PDF
Full model	30/09/2022	14/03/2023	01/04/2023	French	PDF
Full model	30/09/2021	14/03/2022	07/04/2022	French	PDF
Full model	30/09/2020	14/03/2021	15/04/2021	French	PDF
Full model	30/09/2019	14/03/2020	09/04/2020	French	PDF
Full model	30/09/2018	14/03/2019	09/04/2019	French	PDF
Full model	30/09/2017	14/03/2018	12/04/2018	French	PDF
Full model	30/09/2016	14/03/2017	13/04/2017	French	PDF
Full model	30/09/2015	14/03/2016	05/04/2016	French	PDF
Abridged model	30/09/2014	14/03/2015	19/03/2015	French	PDF
Abridged model	30/09/2013	31/03/2014	24/04/2014	French	PDF
Abridged model	30/09/2012	29/03/2013	30/04/2013	French	PDF
Abridged model	30/09/2011	24/03/2012	27/03/2012	Dutch	PDF
Abridged model	30/09/2010	30/03/2011	23/05/2011	Dutch	PDF
Abridged modelCorrection	30/09/2009	30/03/2010	06/05/2010	Dutch	PDF
Abridged model	30/09/2009	30/03/2010	29/04/2010	Dutch	PDF
Abridged model	30/09/2008	13/03/2009	28/03/2009	Dutch	PDF
Abridged model	30/09/2007	14/03/2008	19/03/2008	Dutch	PDF
Abridged model	30/09/2006	14/03/2007	26/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 13 ended

Active mandates

FREDDY DE SMET

Director

Active

Ended mandates

Freddy De Smet

Managing director · since 14 mars 2021 · until 14 mars 2027

Ended

Randy Europe SA

Director · since 14 mars 2021 · until 14 mars 2027

Represented by Joke De Smet

Ended

RANDY EUROPE SA

Director · since 14 mars 2021 · until 14 mars 2027

Represented by Joke De SMet

Ended

FREDDY DE SMET

Managing director · since 12 mai 2016 · until 12 mai 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring29/07/2025
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring01/04/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates25/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates29/11/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates06/04/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates06/10/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates23/06/2016
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025511,2 k €↓
2024
Annual accounts 2024870 k €↑
2023
Annual accounts 2023626,3 k €↓
2022
Annual accounts 20221,6 M €↑
2021
Annual accounts 20211,3 M €↑
2020
Annual accounts 2020716,9 k €↑
2019
Annual accounts 2019296,9 k €↓
2018
Annual accounts 2018376,7 k €↑
2017
Annual accounts 2017153,5 k €↓
2015
Annual accounts 2015356,1 k €↑
2014
Annual accounts 2014169,5 k €↑
2013
Annual accounts 2013153,5 k €↑
2012
Annual accounts 201295,7 k €↓
2011
Annual accounts 2011379,7 k €↑
2010
Annual accounts 2010105,8 k €↓
2009
Annual accounts 2009178,2 k €↓
2008
Annual accounts 2008214,3 k €
03/04/1998
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FRIGOREXPRESS

Overview

What does FRIGOREXPRESS do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline