ACTIVE

Kilfrost Europe

Financial year 2025 · Closed on 31/12/2025

Net result3,1 M €+171,7 %over 1 year
Revenue28,1 M €+33,4 %over 1 year
Equity12,7 M €+32,1 %over 1 year

Identity

Source · BCE/KBO

Kilfrost Europe is a Public limited company incorporated in 2018. Its main activity is: Wholesale of chemical products. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0713.774.302
Incorporation
21/11/2018
Legal form
Public limited company
Registered office
Frans Buyensstraat 9 box 301
2000 Antwerpen · FlandreSee on map
Contributed capital
7 675 613,93 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Revenue28,1 M €21 M €26,5 M €40,3 M €27,9 M €
EBITDA4,2 M €1,7 M €3,6 M €7,1 M €4,4 M €
Operating result4,2 M €1,5 M €3,6 M €7,1 M €4,4 M €
Net result3,1 M €1,1 M €2,7 M €5,3 M €3,3 M €
Balance sheet
Equity12,7 M €9,6 M €17,5 M €14,8 M €9,5 M €
Total assets16,7 M €19,1 M €24,2 M €23,8 M €21,9 M €
Cash4,5 M €4,6 M €312,1 k €2,5 M €1,6 M €
Debts4,1 M €9,5 M €6,7 M €9 M €12,4 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 8 ended

Active mandates

Pierre Claeys

Director · since 03 juin 2024 · until 27 juin 2030

Active
Pieter Frederik Hendrik Harsveldt

Director · since 03 juin 2024 · until 27 juin 2030

Active
Guy Coussement

Managing director · since 20 novembre 2018 · until 26 juin 2025

Active
Nicholas Johnson

Director · since 20 novembre 2018 · until 26 juin 2025

Active

Ended mandates

Peter HARSVELDT

Director · since 03 juin 2024

Ended
Pierre CLAES

Director · since 03 juin 2024

Ended
Adrian HANCOCK

Director · since 21 novembre 2018 · until 18 août 2022

Ended
Adrian HANCOCK

Director · since 21 novembre 2018 · until 26 juin 2025

Ended

Other companies at this address

Frans Buyensstraat 9 2000 Antwerpen
CompanyCBE no.
Immo Scheldehof● Active
0518.903.478
0523.975.093
SOLVENTIS● Active
0478.290.568
0713.774.696
Upthrust● Active
0628.496.751

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 date10/07/202622/08/202514/08/202431/08/202320/05/202229/03/2021
General meeting25/06/202619/08/202531/07/202429/08/202305/05/202218/03/2021
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/06/202610/07/2026DutchPDF
Full model31/12/202419/08/202522/08/2025DutchPDF
Full model31/12/202331/07/202414/08/2024DutchPDF
Full model31/12/202229/08/202331/08/2023DutchPDF
Full model31/12/202105/05/202220/05/2022DutchPDF
Full model31/12/202018/03/202129/03/2021DutchPDF
Full model31/12/201925/06/202013/07/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

4 active · 8 ended

Active mandates

Pierre Claeys

Director · since 03 juin 2024 · until 27 juin 2030

Active
Pieter Frederik Hendrik Harsveldt

Director · since 03 juin 2024 · until 27 juin 2030

Active
Guy Coussement

Managing director · since 20 novembre 2018 · until 26 juin 2025

Active
Nicholas Johnson

Director · since 20 novembre 2018 · until 26 juin 2025

Active

Ended mandates

Peter HARSVELDT

Director · since 03 juin 2024

Ended
Pierre CLAES

Director · since 03 juin 2024

Ended
Adrian HANCOCK

Director · since 21 novembre 2018 · until 18 août 2022

Ended
Adrian HANCOCK

Director · since 21 novembre 2018 · until 26 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/07/2019
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares25/03/2019
    KAPITAAL - AANDELEN
    PDF
  • Other23/11/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20253,1 M €↑
  2. 2024
    Annual accounts 20241,1 M €↓
  3. 2023
    Annual accounts 20232,7 M €↓
  4. 2022
    Annual accounts 20225,3 M €↑
  5. 2021
    Annual accounts 20213,3 M €↑
  6. 2020
    Annual accounts 2020-392,6 k €↑
  7. 2019
    Annual accounts 2019-1,1 M €
  8. 21/11/2018
    IncorporationPublic limited company