NORMAL SITUATION

FRONTAB

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Financial year 2025 · closed on 27/10/2025

Net result

-189,2 k €

-295.0% YoY

Revenue

14,6 M €

+10.9% YoY

Workforce

4,8 ETP

-53.4% YoY

Company — Normal situation.

What does FRONTAB do?

FRONTAB is a company registered in Belgium. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0876.280.281

Legal form

Public limited company

Latest accounts

27/10/2025

Average workforce

4,8 ETP

Joint committees (2)

Signals

Healthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	14,6 M €	+10.9%	13,2 M €	-6.6%	14,1 M €	-2.3%	14,4 M €	+0.8%	14,3 M €	-16.8%	17,2 M €	+2.0%	16,9 M €	+3.5%	16,3 M €	-5.5%	17,3 M €	-0.6%	17,4 M €	+1.2%	17,2 M €	+0.7%	17 M €	+22.2%	13,9 M €	+20.2%	11,6 M €	+17.0%	9,9 M €	+5.8%	9,4 M €	+7.7%	8,7 M €	+2.5%	8,5 M €	+29.3%	6,6 M €
EBITDA	-177,1 k €	-238%	128,3 k €	-55.4%	287,8 k €	-41.0%	487,5 k €	-4.4%	509,8 k €	-30.1%	729,6 k €	-0.6%	733,9 k €	-15.2%	865,1 k €	-16.3%	1 M €	-6.2%	1,1 M €	+0.8%	1,1 M €	+3.0%	1,1 M €	+14.6%	925,8 k €	+23.7%	748,5 k €	+26.4%	592,3 k €	+9.6%	540,6 k €	+31.5%	411,1 k €	+7.2%	383,4 k €	+65.3%	232 k €
Operating result	-185,9 k €	-252%	122,1 k €	-56.2%	278,9 k €	-41.3%	475,4 k €	-3.1%	490,6 k €	-30.7%	708,2 k €	+0.1%	707,9 k €	-14.9%	831,4 k €	-17.3%	1 M €	-6.6%	1,1 M €	-0.2%	1,1 M €	+4.1%	1 M €	+14.7%	903,3 k €	+24.4%	726,4 k €	+27.8%	568,2 k €	+11.5%	509,7 k €	+40.0%	364 k €	+9.5%	332,4 k €	+114%	155 k €
Net result	-189,2 k €	-295%	97,1 k €	-53.1%	207 k €	-41.8%	355,5 k €	+1.6%	349,8 k €	-29.3%	494,8 k €	-0.3%	496,4 k €	-16.7%	595,7 k €	-16.0%	709,3 k €	-3.0%	731,4 k €	-3.0%	754,2 k €	+8.2%	697,3 k €	+15.6%	603,4 k €	+32.2%	456,4 k €	+33.9%	340,7 k €	+10.7%	307,7 k €	+55.4%	198 k €	+18.4%	167,2 k €	+111%	79,1 k €
Balance sheet
Equity	–		7,6 M €	+1.3%	7,5 M €	+2.9%	7,3 M €	+5.2%	6,9 M €	+5.3%	6,5 M €	+8.2%	6,1 M €	+8.9%	5,6 M €	+12.0%	5 M €	+15.8%	4,3 M €	+20.6%	3,5 M €	+25.6%	2,8 M €	+32.8%	2,1 M €	+39.6%	1,5 M €	+42.8%	1,1 M €	+46.9%	726,4 k €	+43.5%	506,3 k €	+64.2%	308,2 k €	+119%	141,1 k €
Total assets	115,1 k €	-98.5%	7,8 M €	+0.4%	7,7 M €	+2.3%	7,6 M €	+6.4%	7,1 M €	+4.9%	6,8 M €	+6.2%	6,4 M €	+4.3%	6,1 M €	+10.1%	5,6 M €	+20.2%	4,6 M €	+16.1%	4 M €	+13.7%	3,5 M €	+12.8%	3,1 M €	+43.6%	2,2 M €	-6.6%	2,3 M €	+41.3%	1,6 M €	+24.2%	1,3 M €	+6.0%	1,2 M €	+15.9%	1,1 M €
Cash	60,4 k €	-98.4%	3,8 M €	-34.9%	5,9 M €	-2.4%	6 M €	-0.2%	6 M €	+86.3%	3,2 M €	-28.8%	4,6 M €	+221%	1,4 M €	+358%	309,9 k €	-30.2%	444,1 k €	-47.9%	852,9 k €	-55.6%	1,9 M €	+55.4%	1,2 M €	+8.8%	1,1 M €	+23.2%	922,8 k €	+39.4%	662,2 k €	+73.8%	381 k €	+276%	101,4 k €	+33.0%	76,3 k €
Debts	115,1 k €	-44.4%	207,1 k €	-23.2%	269,5 k €	-11.4%	304,2 k €	+46.9%	207 k €	-8.3%	225,7 k €	-30.1%	323 k €	-41.7%	554,3 k €	-6.2%	590,6 k €	+76.2%	335,3 k €	-21.3%	425,8 k €	-36.6%	671,5 k €	-28.2%	934,8 k €	+51.7%	616,4 k €	-50.5%	1,2 M €	+45.8%	853,5 k €	+7.7%	792,4 k €	-8.0%	860,9 k €	-7.5%	930,9 k €
Other
Workforce	4,8 ETP	-53.4%	10,3 ETP	-1.9%	10,5 ETP	+1.9%	10,3 ETP	-11.2%	11,6 ETP	-18.9%	14,3 ETP	-4.7%	15,0 ETP	+1.4%	14,8 ETP	+5.7%	14,0 ETP	+9.4%	12,8 ETP	0.0%	12,8 ETP	+4.1%	12,3 ETP	+7.0%	11,5 ETP	-5.0%	12,1 ETP	+16.3%	10,4 ETP	+6.1%	9,8 ETP	-4.9%	10,3 ETP	+41.1%	7,3 ETP	+103%	3,6 ETP

Governance

Board of directors

Seen on filing of 27/10/2025 · 2 active · 26 ended

Active mandates

DE GRYSE VINCENT

Managing director · since 20 mai 2023 · until 27 octobre 2025 · 0466.790.427

Represented by Estelle DE GRYSE

Active

TER ZIJDELING

Managing director · since 20 mai 2023 · until 27 octobre 2025 · 0899.757.152

Represented by LIEN HAERHOUT

Active

Ended mandates

DE GRYSE VINCENT

Managing director · since 20 mai 2023 · until 19 mai 2029 · 0466.790.427

Represented by Estelle DE GRYSE

Ended

DE GRYSE VINCENT

Managing director · since 15 novembre 2019 · until 20 mai 2023 · 0466.790.427

Represented by Vincent DE GRYSE

Ended

DE GRYSE VINCENT

Managing director · since 15 novembre 2019 · until 15 novembre 2025 · 0466.790.427

Represented by VINCENT DE GRYSE

Ended

De Brug

Director · since 20 mai 2017 · until 15 novembre 2019 · 0466.568.911

Represented by VINCENT DE GRYSE

Ended

Annual accounts

Full financial information

	2025	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019	01/12/2018
Closing of the financial year	27/10/2025	30/11/2023	30/11/2022	30/11/2021	30/11/2020	30/11/2019
Length of the financial year	23 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/11/2025	27/05/2024	08/06/2023	03/06/2022	31/05/2021	09/06/2020
General meeting	27/10/2025	18/05/2024	20/05/2023	21/05/2022	15/05/2021	16/05/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	27/10/2025	27/10/2025	19/11/2025	Dutch	PDF
Full model	30/11/2023	18/05/2024	27/05/2024	Dutch	PDF
Full model	30/11/2022	20/05/2023	08/06/2023	Dutch	PDF
Full model	30/11/2021	21/05/2022	03/06/2022	Dutch	PDF
Full model	30/11/2020	15/05/2021	31/05/2021	Dutch	PDF
Full model	30/11/2019	16/05/2020	09/06/2020	Dutch	PDF
Full model	30/11/2018	18/05/2019	23/05/2019	Dutch	PDF
Full model	30/11/2017	30/05/2018	02/07/2018	Dutch	PDF
Full model	30/11/2016	20/05/2017	02/06/2017	Dutch	PDF
Full model	30/11/2015	21/05/2016	31/05/2016	Dutch	PDF
Full model	30/11/2014	16/05/2015	30/06/2015	Dutch	PDF
Full model	30/11/2013	17/05/2014	27/06/2014	Dutch	PDF
Full model	30/11/2012	18/05/2013	07/06/2013	Dutch	PDF
Full model	30/11/2011	19/05/2012	12/06/2012	Dutch	PDF
Full model	30/11/2010	21/05/2011	28/06/2011	Dutch	PDF
Full model	30/11/2009	15/05/2010	23/06/2010	Dutch	PDF
Full model	30/11/2008	16/05/2009	26/06/2009	Dutch	PDF
Full model	30/11/2007	17/05/2008	17/06/2008	Dutch	PDF
Full model	30/11/2006	19/05/2007	31/05/2007	Dutch	PDF

Estimate

Indicative valuation

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 27/10/2025 · 2 active · 26 ended

Active mandates

DE GRYSE VINCENT

Managing director · since 20 mai 2023 · until 27 octobre 2025 · 0466.790.427

Represented by Estelle DE GRYSE

Active

TER ZIJDELING

Managing director · since 20 mai 2023 · until 27 octobre 2025 · 0899.757.152

Represented by LIEN HAERHOUT

Active

Ended mandates

DE GRYSE VINCENT

Managing director · since 20 mai 2023 · until 19 mai 2029 · 0466.790.427

Represented by Estelle DE GRYSE

Ended

DE GRYSE VINCENT

Managing director · since 15 novembre 2019 · until 20 mai 2023 · 0466.790.427

Represented by Vincent DE GRYSE

Ended

DE GRYSE VINCENT

Managing director · since 15 novembre 2019 · until 15 novembre 2025 · 0466.790.427

Represented by VINCENT DE GRYSE

Ended

De Brug

Director · since 20 mai 2017 · until 15 novembre 2019 · 0466.568.911

Represented by VINCENT DE GRYSE

Ended

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

2025
Annual accounts 2025-189,2 k €↓
2023
Annual accounts 202397,1 k €↓
2022
Annual accounts 2022207 k €↓
2021
Annual accounts 2021355,5 k €↑
2020
Annual accounts 2020349,8 k €↓
2019
Annual accounts 2019494,8 k €↓
2018
Annual accounts 2018496,4 k €↓
2017
Annual accounts 2017595,7 k €↓
2016
Annual accounts 2016709,3 k €↓
2015
Annual accounts 2015731,4 k €↓
2014
Annual accounts 2014754,2 k €↑
2013
Annual accounts 2013697,3 k €↑
2012
Annual accounts 2012603,4 k €↑
2011
Annual accounts 2011456,4 k €↑
2010
Annual accounts 2010340,7 k €↑
2009
Annual accounts 2009307,7 k €↑
2008
Annual accounts 2008198 k €↑
2007
Annual accounts 2007167,2 k €↑
2006
Annual accounts 200679,1 k €

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

FRONTAB

Overview

What does FRONTAB do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline