ACTIVE

Frigro Services

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Financial year 2026 · closed on 31/03/2026
Net result
48 k €
+106.9% YoY
Gross margin
280,7 k €
+25.4% YoY
Equity
171,2 k €
+11.7% YoY

What does Frigro Services do?

Frigro Services is a Private limited company incorporated in 2017. Its main activity is: Repair of machinery. Its registered office is in Wevelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0675.916.982
Incorporation
22/05/2017
Legal form
Private limited company
Registered office
Drieslaan 10
8560 Wevelgem · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
31/03/2026
Activities (NACE)
33120Repair of machinery· main33120Repair of machinery43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation33110Repair of fabricated metal products33110Repair of fabricated metal products+2
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202620252024202320222021202020192018
Income statement
Gross margin280,7 k €223,8 k €236,6 k €276 k €300,1 k €266,4 k €183,5 k €177,5 k €153,9 k €
EBITDA69,3 k €36,7 k €48,5 k €90,3 k €107,1 k €97 k €27,3 k €39,1 k €57,2 k €
Operating result68,5 k €36,7 k €46,9 k €87,4 k €100 k €90,8 k €21,1 k €32,9 k €54 k €
Net result48 k €23,2 k €33,1 k €64,2 k €72,3 k €66,4 k €12,9 k €21,2 k €35,1 k €
Balance sheet
Equity171,2 k €153,3 k €152,8 k €145,4 k €116,2 k €81,3 k €50,5 k €52,7 k €50,1 k €
Total assets318,8 k €277,7 k €386,7 k €265,5 k €248,9 k €166,4 k €98,1 k €109 k €137,9 k €
Cash220,2 k €213,1 k €280,4 k €196,4 k €144,5 k €91,5 k €49,7 k €51,1 k €58,3 k €
Debts143,4 k €111,9 k €228,3 k €115,8 k €127,2 k €85,1 k €47,6 k €56,3 k €76,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active

Active mandates

BERT DECUYPERE

Mandate

Active
Koen Decuypere

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
DC INVESTING● Active
0894.537.958
FRIGRO● Active
0420.379.687
FrisoTech● Active
1030.906.793
GROEP FRIGRO● Active
0757.984.130
Annual accounts

Full financial information

202620252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202606/06/202528/06/202423/06/202325/07/202209/06/2021
General meeting17/06/202604/06/202519/06/202407/06/202301/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202617/06/202624/06/2026DutchPDF
Micro model31/03/202504/06/202506/06/2025DutchPDF
Micro model31/03/202419/06/202428/06/2024DutchPDF
Micro model31/03/202307/06/202323/06/2023DutchPDF
Micro model31/03/202201/06/202225/07/2022DutchPDF
Micro model31/03/202102/06/202109/06/2021DutchPDF
Micro model31/03/202003/06/202022/06/2020DutchPDF
Micro model31/03/201905/06/201916/09/2019DutchPDF
Micro model31/03/201806/06/201820/06/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active

Active mandates

BERT DECUYPERE

Mandate

Active
Koen Decuypere

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/05/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2026
    Annual accounts 202648 k €↑
  2. 2025
    Annual accounts 202523,2 k €↓
  3. 2024
    Annual accounts 202433,1 k €↓
  4. 2023
    Annual accounts 202364,2 k €↓
  5. 2022
    Annual accounts 202272,3 k €↑
  6. 2021
    Annual accounts 202166,4 k €↑
  7. 2020
    Annual accounts 202012,9 k €↓
  8. 2019
    Annual accounts 201921,2 k €↓
  9. 2018
    Annual accounts 201835,1 k €
  10. 22/05/2017
    IncorporationPrivate limited company