ACTIVE

REFRESH GROUP

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Financial year 2025 · closed on 31/12/2025
Net result
-2,8 k €
-109.8% YoY
Gross margin
6,8 k €
-85.2% YoY
Equity
26,4 k €
-49.5% YoY

What does REFRESH GROUP do?

REFRESH GROUP is a Private limited company incorporated in 2021. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0766.276.937
Incorporation
01/04/2021
Legal form
Private limited company
Registered office
Avenue Louise 209 box 7
1050 Ixelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation
Contacts
3 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin6,8 k €45,9 k €7 k €11 k €15,2 k €
EBITDA5,7 k €44,8 k €7 k €11 k €15,2 k €
Operating result-1,5 k €37,5 k €3,8 k €8,3 k €15,2 k €
Net result-2,8 k €29 k €-1,2 k €6,8 k €15,2 k €
Balance sheet
Equity26,4 k €52,2 k €25,9 k €27,1 k €20,3 k €
Total assets64,3 k €64,7 k €37,1 k €32,8 k €23,9 k €
Cash11,7 k €29,3 k €8,1 k €3,7 k €15,9 k €
Debts37,9 k €12,4 k €11,1 k €5,7 k €3,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

YASSINE EL BAZE

Director

Active
At this address

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Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/04/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months9 months
Filing date27/08/202608/07/202530/08/202431/08/202323/06/2022
General meeting02/05/202602/05/202503/05/202405/05/202306/05/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/05/202627/08/2026FrenchPDF
Micro model31/12/202402/05/202508/07/2025FrenchPDF
Micro model31/12/202303/05/202430/08/2024FrenchPDF
Micro model31/12/202205/05/202331/08/2023FrenchPDF
Micro model31/12/202106/05/202223/06/2022FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active

Active mandates

YASSINE EL BAZE

Director

Active
Shareholders

Ownership and network

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Competition

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 2025-2,8 k €↓
  2. 2024
    Annual accounts 202429 k €↑
  3. 2023
    Annual accounts 2023-1,2 k €↓
  4. 2022
    Annual accounts 20226,8 k €↓
  5. 2021
    Annual accounts 202115,2 k €
  6. 01/04/2021
    IncorporationPrivate limited company