ACTIVE

Friegel

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

57,3 k €

-25.3% YoY

Gross margin

193,8 k €

-9.7% YoY

Equity

374,3 k €

+15.9% YoY

What does Friegel do?

Friegel is a Private limited company incorporated in 2009. Its registered office is in Langemark-Poelkapelle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0810.964.144

Incorporation

06/04/2009

Legal form

Private limited company

Registered office

Brugseweg 24
8920 Langemark-Poelkapelle · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/09/2025

Joint committees (1)

14901

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	193,8 k €	-9.7%	214,6 k €	+24.6%	172,2 k €	+83.9%	93,7 k €	-19.9%	116,9 k €	+22.2%	95,7 k €	-2.8%	98,4 k €	-28.2%	137,1 k €	+143%	56,5 k €	-5.2%	59,6 k €	+15.0%	51,8 k €	-39.0%	85 k €	+6.6%	79,8 k €	+51.2%	52,8 k €
EBITDA	140,3 k €	-14.5%	164 k €	+36.8%	119,8 k €	+58.4%	75,7 k €	-32.8%	112,6 k €	+22.0%	92,3 k €	-2.8%	94,9 k €	-27.1%	130,2 k €	+147%	52,7 k €	-5.1%	55,5 k €	+14.3%	48,6 k €	-42.2%	84,1 k €	+19.0%	70,7 k €	+38.6%	51 k €
Operating result	88,7 k €	-24.3%	117,3 k €	+33.8%	87,6 k €	+159%	33,8 k €	-52.1%	70,5 k €	+91.0%	36,9 k €	+18.8%	31,1 k €	+4.7%	29,7 k €	+69.4%	17,5 k €	-43.8%	31,2 k €	+70.6%	18,3 k €	+840%	1,9 k €	-96.0%	48,3 k €	+207%	15,7 k €
Net result	57,3 k €	-25.3%	76,7 k €	+34.3%	57,1 k €	+235%	17 k €	-67.1%	51,7 k €	+153%	20,4 k €	+11.2%	18,3 k €	+644%	2,5 k €	+187%	860 €	-92.8%	12 k €	+934%	1,2 k €	+147%	470 €	-98.6%	33,4 k €	+253%	9,5 k €
Balance sheet
Equity	374,3 k €	+15.9%	323 k €	+28.0%	252,3 k €	+25.4%	201,3 k €	+28.7%	156,4 k €	+49.3%	104,7 k €	+24.2%	84,4 k €	+27.8%	66 k €	+3.9%	63,6 k €	+1.4%	62,7 k €	+23.7%	50,7 k €	+2.3%	49,5 k €	+1.0%	49,1 k €	+213%	15,7 k €
Total assets	866,4 k €	+18.5%	731 k €	+14.7%	637,3 k €	-0.6%	641,3 k €	-5.4%	678,2 k €	+11.2%	609,8 k €	-6.5%	652,3 k €	+15.1%	566,7 k €	+2.0%	555,3 k €	-6.3%	592,7 k €	+7.8%	549,8 k €	-0.9%	555 k €	+304%	137,5 k €	-9.3%	151,6 k €
Cash	71,5 k €	+189%	24,7 k €	-68.1%	77,4 k €	+122%	34,9 k €	+90.6%	18,3 k €	-11.8%	20,8 k €	-42.3%	36 k €	+89.9%	19 k €	-1.0%	19,1 k €	-59.7%	47,5 k €	+91.7%	24,8 k €	+29.0%	19,2 k €	-66.9%	58 k €	+87.2%	31 k €
Debts	492 k €	+20.6%	408 k €	+6.0%	384,9 k €	-12.5%	440 k €	-15.7%	521,8 k €	+3.3%	505,1 k €	-11.1%	567,9 k €	+13.4%	500,6 k €	+1.8%	491,8 k €	-7.2%	530 k €	+6.2%	499,1 k €	-1.2%	505,1 k €	+471%	88,5 k €	-34.9%	136 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 30/09/2025 · 1 active · 2 ended

Active mandates

Bart Messine

Director · since 31 mars 2009

Active

Ended mandates

Bart Messine

Manager · since 31 mars 2009

Ended

BART MESSINE

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/04/2026	21/03/2025	04/04/2024	31/03/2023	25/03/2022	26/03/2021
General meeting	14/03/2026	08/03/2025	09/03/2024	11/03/2023	12/03/2022	13/03/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	14/03/2026	09/04/2026	Dutch	PDF
Micro model	30/09/2024	08/03/2025	21/03/2025	Dutch	PDF
Micro model	30/09/2023	09/03/2024	04/04/2024	Dutch	PDF
Micro model	30/09/2022	11/03/2023	31/03/2023	Dutch	PDF
Micro model	30/09/2021	12/03/2022	25/03/2022	Dutch	PDF
Micro model	30/09/2020	13/03/2021	26/03/2021	Dutch	PDF
Micro model	30/09/2019	14/03/2020	31/03/2020	Dutch	PDF
Micro model	30/09/2018	09/03/2019	18/03/2019	Dutch	PDF
Micro model	30/09/2017	10/03/2018	11/04/2018	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	07/07/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	17/06/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	21/06/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	25/08/2011	Dutch	PDF

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 30/09/2025 · 1 active · 2 ended

Active mandates

Bart Messine

Director · since 31 mars 2009

Active

Ended mandates

Bart Messine

Manager · since 31 mars 2009

Ended

BART MESSINE

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other25/01/2017
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office27/12/2012
MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other10/06/2009
DIVERSEN
PDF
Other09/04/2009
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 202557,3 k €↓
2024
Annual accounts 202476,7 k €↑
2023
Annual accounts 202357,1 k €↑
2022
Annual accounts 202217 k €↓
2020
Annual accounts 202051,7 k €↑
2019
Annual accounts 201920,4 k €↑
2018
Annual accounts 201818,3 k €↑
2017
Annual accounts 20172,5 k €↑
2015
Annual accounts 2015860 €↓
2014
Annual accounts 201412 k €↑
2013
Annual accounts 20131,2 k €↑
2012
Annual accounts 2012470 €↓
2011
Annual accounts 201133,4 k €↑
2010
Annual accounts 20109,5 k €
06/04/2009
IncorporationPrivate limited company

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

Friegel

Overview

What does Friegel do?

Trend over 14 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