Frictionless Trade Services
0751.890.946 · rovalta.com · 23/09/2026
Frictionless Trade Services
Overview
What does Frictionless Trade Services do?
Frictionless Trade Services is a Private limited company incorporated in 2020. Its main activity is: Support activities for transportation. Its registered office is in Oostende. It employs on average 6,3 ETP workers (FTE).
8400 Oostende · FlandreSee on map
Joint committees (1)
- 22600
Trend over 3 financial years
| 2023 | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 2,6 M € | -20.4% | 3,2 M € | +25.8% | 2,6 M € |
| EBITDA | 150,7 k € | -43.4% | 266,3 k € | +4.1% | 255,8 k € |
| Operating result | 142 k € | -44.9% | 257,5 k € | +3.9% | 247,8 k € |
| Net result | 28,3 k € | -80.4% | 144,4 k € | +38.0% | 104,6 k € |
| Balance sheet | |||||
| Equity | 278,4 k € | +11.3% | 250,1 k € | +137% | 105,6 k € |
| Total assets | 6,6 M € | +30.3% | 5,1 M € | +53.0% | 3,3 M € |
| Cash | 577,4 k € | -1.5% | 586,3 k € | +4.0% | 564 k € |
| Debts | 6,3 M € | +39.4% | 4,5 M € | +44.8% | 3,1 M € |
| Other | |||||
| Workforce | 6,3 ETP | -33.7% | 9,5 ETP | +3.3% | 9,2 ETP |
Indicative valuation
As an indication, this company is worth
Board of directors
Seen on filing of 31/12/2023 · 3 active · 2 ended
Active mandates
Ended mandates
Other companies at this address
| Company | CBE no. |
|---|---|
EUROPA ROAD● Active | 0413.641.652 |
Financials
Full financial information
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Type of account | Full model | Full model | Full model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 07/08/2020 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 |
| Length of the financial year | 12 months | 12 months | 17 months |
| Filing date | 27/07/2026 | 01/07/2025 | 23/01/2025 |
| General meeting | 30/06/2026 | 30/06/2025 | 17/01/2025 |
| Currency of the financial year | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Looking for more information about this company?
Try for 7 daysAnnual accounts filings
3 filings with the NBB
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 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.
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Seen on filing of 31/12/2023 · 3 active · 2 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
- Registered office21/05/2026MAATSCHAPPELIJKE ZETEL
- Mandates10/02/2026ONTSLAGEN - BENOEMINGEN
- Mandates25/11/2024ONTSLAGEN - BENOEMINGEN
- Mandates26/02/2024ONTSLAGEN - BENOEMINGEN
- Mandates11/09/2023ONTSLAGEN - BENOEMINGEN
- Other11/08/2020RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 202328,3 k €↓
- 2022Annual accounts 2022144,4 k €↑
- 2021Annual accounts 2021104,6 k €
- 07/08/2020IncorporationPrivate limited company