OPENING OF BANKRUPTCY

FROST KOELTECHNIEK

Company — Opening of bankruptcy.

Financial year 2024 · Closed on 31/12/2024

Net result79,4 k €-48,4 %over 1 year
Gross margin411 k €+16,0 %over 1 year
Equity299,2 k €+36,2 %over 1 year
Workforce3,5 ETP+52,2 %over 1 year

Identity

Source · BCE/KBO

FROST KOELTECHNIEK is a Private company with limited liability incorporated in 2016. Its main activity is: Manufacture of non-domestic cooling and ventilation equipment. Its registered office is in Wommelgem. It employs on average 3,5 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0647.798.959
Incorporation
01/02/2016
Legal form
Private company with limited liability
Registered office
Herentalsebaan 406 box 6
2160 Wommelgem · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2024
Average workforce
3,5 ETP
Joint committees (2)
  • 14901
  • 201
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20242023202220212020
Income statement
Gross margin411 k €354,2 k €444,2 k €333,6 k €354,8 k €
EBITDA160,3 k €199,5 k €323,2 k €210,5 k €210 k €
Operating result150,8 k €191,1 k €315,8 k €194,3 k €174 k €
Net result79,4 k €154,1 k €290,1 k €165,1 k €129,3 k €
Balance sheet
Equity299,2 k €219,7 k €125,7 k €635,5 k €550,5 k €
Total assets1 M €1,1 M €1,1 M €817,1 k €969,3 k €
Cash1,4 k €2,5 k €15,4 k €120,4 k €521,5 k €
Debts720,4 k €839,7 k €953,1 k €157,6 k €418,8 k €
Other
Workforce3,5 ETP2,3 ETP1,9 ETP2,3 ETP3,6 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FHRI0840.693.060Represented by Bjorn Lanckbeen
Directorsince 24/08/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FROVAS0455.709.463Represented by Wouter Van Schelstraete
Director01/06/2016 → 24/08/2021Manager01/06/2016 → 2016 accounts
Christine Bertha C Kesselaers
Directoruntil 24/08/2021

Other companies at this address

Herentalsebaan 406 2160 Wommelgem
CompanyCBE no.
0839.702.472
0863.419.170
CARMATMEAT● Active
0506.836.084
CIRAN● Active
0476.261.189
Datalec● Active
0875.057.388
DE OLIFANT● Active
0451.408.801
0839.024.165
0446.415.180
ETS Europe● Active
0681.844.969
0404.840.584
0477.229.805
HUCHA INVEST● Active
0863.627.721
0628.559.010
Meo Holding● Active
0804.272.827
Orlanda● Active
0838.047.138
PAT-AIR● Active
0712.793.315
Red Sky● Active
0652.698.548
Serviflex● Active
0662.512.572
Servitec● Active
0841.624.755
TRADELINE● Active
0822.327.792

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/08/202522/07/202403/07/202325/06/202203/08/202126/10/2020
General meeting27/08/202528/06/202430/06/202324/06/202224/05/202118/09/2020
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202427/08/202527/08/2025DutchPDF
Abridged model31/12/202328/06/202422/07/2024DutchPDF
Abridged model31/12/202230/06/202303/07/2023DutchPDF
Abridged model31/12/202124/06/202225/06/2022DutchPDF
Abridged model31/12/202024/05/202103/08/2021DutchPDF
Abridged model31/12/201918/09/202026/10/2020DutchPDF
Abridged model31/12/201828/06/201929/08/2019DutchPDF
Abridged model31/12/201729/06/201801/08/2018DutchPDF
Abridged model31/12/201630/06/201720/07/2017DutchPDF

Indicative valuation

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.

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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 31/12/2024

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FHRI0840.693.060Represented by Bjorn Lanckbeen
Directorsince 24/08/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FROVAS0455.709.463Represented by Wouter Van Schelstraete
Director01/06/2016 → 24/08/2021Manager01/06/2016 → 2016 accounts
Christine Bertha C Kesselaers
Directoruntil 24/08/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/04/2026
    Ontslag Vaste Vertegenwoordiger - Volmacht
    PDF
  • Mandates13/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2016
    Benoeming zaakvoerder !
    PDF
  • Other16/02/2016
    BVBA: oprichting
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings9 filings
Mandates
FHRI
FROVAS
Wouter Van Schelstraete
Christine Bertha C Kesselaers
20162017201820192020202120222023202420252026
FROST KOELTECHNIEK
Herentalsebaan 406 bte 6, 2160 Wommelgem
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Herentalsebaan 406 bte 6, 2160 WommelgemCurrent
accounts 2021 → 2024
Accounts 2024 · 2025-00415865

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FROST KOELTECHNIEKCurrent
accounts 2021 → 2024
Accounts 2024 · 2025-00415865

Events

  1. 2024
    Annual accounts 202479,4 k €↓
  2. 2023
    Annual accounts 2023154,1 k €↓
  3. 2022
    Annual accounts 2022290,1 k €↑
  4. 2021
    Annual accounts 2021165,1 k €↑
  5. 2020
    Annual accounts 2020129,3 k €↓
  6. 2019
    Annual accounts 2019186,8 k €↑
  7. 2018
    Annual accounts 201869,6 k €↑
  8. 2017
    Annual accounts 201763,1 k €↓
  9. 2016
    Annual accounts 201683,3 k €
  10. 01/02/2016
    IncorporationPrivate company with limited liability