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Frit-Style

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Financial year 2025 · closed on 31/12/2025

Net result

47,5 k €

+176.9% YoY

Gross margin

73,7 k €

+88.2% YoY

Equity

423,3 k €

+12.6% YoY

What does Frit-Style do?

Frit-Style is a Private company with limited liability incorporated in 2008. Its registered office is in Zonhoven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0807.754.830

Incorporation

14/11/2008

Legal form

Private company with limited liability

Registered office

Rosalie De Blockstraat 18
3520 Zonhoven · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	73,7 k €	+88.2%	39,2 k €	-73.2%	146 k €	-52.8%	309,7 k €	+53.1%	202,3 k €	-10.7%	226,6 k €	+12.1%	202,2 k €	-7.2%	217,9 k €	+1.0%	215,7 k €	+12.7%	191,4 k €	+34.7%	142 k €	+5.8%	134,2 k €	+21.7%	110,3 k €	+43.2%	77 k €	-18.3%	94,3 k €	+25.2%	75,3 k €	+0.5%	74,9 k €
EBITDA	71,9 k €	+92.5%	37,4 k €	-73.6%	141,8 k €	-25.8%	191,1 k €	+202%	63,4 k €	-6.8%	68 k €	-5.5%	71,9 k €	+7.9%	66,7 k €	-30.7%	96,2 k €	+15.7%	83,2 k €	+77.6%	46,8 k €	-35.7%	72,8 k €	+21.1%	60,1 k €	+54.5%	38,9 k €	-49.7%	77,4 k €	+21.3%	63,8 k €	+5.4%	60,5 k €
Operating result	71,9 k €	+176%	26 k €	-79.7%	127,9 k €	-28.8%	179,7 k €	+375%	37,9 k €	-12.0%	43 k €	+34.0%	32,1 k €	+16.4%	27,6 k €	-48.8%	53,9 k €	+52.5%	35,3 k €	+702%	-5,9 k €	-118%	32,2 k €	+81.4%	17,8 k €	+40.8%	12,6 k €	-70.4%	42,7 k €	+57.0%	27,2 k €	+1.5%	26,8 k €
Net result	47,5 k €	+177%	17,2 k €	-79.6%	84,1 k €	-28.8%	118 k €	+484%	20,2 k €	-27.8%	28 k €	+175%	10,2 k €	+10.2%	9,2 k €	-55.5%	20,8 k €	+45.5%	14,3 k €	+212%	-12,7 k €	-230%	9,8 k €	+329%	-4,3 k €	-132%	13,4 k €	-46.0%	24,9 k €	+141%	10,3 k €	+65.6%	6,2 k €
Balance sheet
Equity	423,3 k €	+12.6%	375,8 k €	+4.8%	358,6 k €	+30.6%	274,5 k €	+75.4%	156,5 k €	+14.8%	136,3 k €	+25.9%	108,3 k €	+10.4%	98,1 k €	+10.4%	88,9 k €	+30.5%	68,1 k €	+26.5%	53,8 k €	-19.1%	66,6 k €	+17.2%	56,8 k €	-7.0%	61,1 k €	+28.2%	47,6 k €	+109%	22,8 k €	+83.1%	12,4 k €
Total assets	447,6 k €	+16.3%	384,8 k €	-21.5%	490,2 k €	-19.4%	608 k €	+53.9%	395,2 k €	+0.2%	394,5 k €	+2.3%	385,6 k €	-4.8%	405 k €	-9.1%	445,7 k €	+1.3%	439,8 k €	-4.5%	460,3 k €	+9.7%	419,6 k €	-5.8%	445,6 k €	+108%	213,9 k €	-10.4%	238,7 k €	+5.3%	226,6 k €	+39.0%	163 k €
Cash	157,2 k €	+832498%	18,9 €	-99.3%	2,8 k €	-98.6%	197,1 k €	+347%	44,1 k €	+25.6%	35,1 k €	+3.1%	34 k €	-24.0%	44,8 k €	-36.6%	70,6 k €	+9.7%	64,4 k €	+75.6%	36,7 k €	-24.9%	48,8 k €	+29.4%	37,7 k €	+13.1%	33,4 k €	-5.2%	35,2 k €	+28.2%	27,5 k €	+100%	13,7 k €
Debts	24,3 k €	+169%	9 k €	-93.1%	131,6 k €	-28.3%	183,5 k €	-22.9%	238,1 k €	-7.8%	258,2 k €	-6.9%	277,4 k €	-9.6%	306,9 k €	-14.0%	356,8 k €	-4.0%	371,6 k €	-8.6%	406,5 k €	+15.2%	353 k €	-9.2%	388,8 k €	+154%	152,8 k €	-19.8%	190,4 k €	-6.4%	203,5 k €	+35.3%	150,4 k €
Other
Workforce	–		–		–		5,4 ETP	+8.0%	5,0 ETP	-13.8%	5,8 ETP	-6.5%	6,2 ETP	+12.7%	5,5 ETP		–		–		4,4 ETP	+15.8%	3,8 ETP	+58.3%	2,4 ETP	+33.3%	1,8 ETP	+12.5%	1,6 ETP	+45.5%	1,1 ETP	+37.5%	0,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Bart Veltjen

Administrator - manager

Active

Ended mandates

Michael Natus

Director · since 01 juillet 2013

Ended

Cédric Zwerts

Director · since 19 janvier 2011

Ended

Cédric Zwerts

Manager · since 19 janvier 2011

Ended

Bart Veltjen

Director · since 30 octobre 2008

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	12/08/2025	25/08/2024	29/08/2023	29/08/2022	18/08/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	12/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	12/08/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	25/08/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	18/08/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	08/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	09/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	03/08/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	13/08/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	10/08/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	14/08/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	31/08/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Bart Veltjen

Administrator - manager

Active

Ended mandates

Michael Natus

Director · since 01 juillet 2013

Ended

Cédric Zwerts

Director · since 19 janvier 2011

Ended

Cédric Zwerts

Manager · since 19 janvier 2011

Ended

Bart Veltjen

Director · since 30 octobre 2008

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/10/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/10/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other24/11/2008
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

2025
Annual accounts 202547,5 k €↑
2024
Annual accounts 202417,2 k €↓
2023
Annual accounts 202384,1 k €↓
2022
Annual accounts 2022118 k €↑
2021
Annual accounts 202120,2 k €↓
2020
Annual accounts 202028 k €↑
2019
Annual accounts 201910,2 k €↑
2018
Annual accounts 20189,2 k €↓
2017
Annual accounts 201720,8 k €↑
2016
Annual accounts 201614,3 k €↑
2015
Annual accounts 2015-12,7 k €↓
2014
Annual accounts 20149,8 k €↑
2013
Annual accounts 2013-4,3 k €↓
2012
Annual accounts 201213,4 k €↓
2011
Annual accounts 201124,9 k €↑
2010
Annual accounts 201010,3 k €↑
2009
Annual accounts 20096,2 k €
14/11/2008
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Frit-Style

Overview

What does Frit-Style do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline