ACTIVE

FROBO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

15,6 k €

-24.8% YoY

Gross margin

30,5 k €

-11.3% YoY

Equity

242,4 k €

+6.9% YoY

What does FROBO do?

FROBO is a Public limited company incorporated in 2005. Its registered office is in Alken.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0877.885.929

Incorporation

13/12/2005

Legal form

Public limited company

Registered office

Haverenbosstraat 10
3570 Alken · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	30,5 k €	-11.3%	34,4 k €	+6.9%	32,2 k €	+86.0%	17,3 k €	-26.6%	23,6 k €	+34.2%	17,6 k €	-26.1%	23,8 k €	-20.6%	29,9 k €	-1.1%	30,3 k €	+0.3%	30,2 k €	-0.1%	30,2 k €	+1.0%	29,9 k €	+5.1%	28,5 k €	+9.7%	25,9 k €	-8.0%	28,2 k €	+13.5%	24,8 k €	+17.1%	21,2 k €	-6.8%	22,8 k €	-15.1%	26,8 k €	+14.9%	23,3 k €
EBITDA	29,7 k €	-13.6%	34,4 k €	+8.2%	31,8 k €	+87.8%	16,9 k €	-25.9%	22,8 k €	+30.4%	17,5 k €	-25.1%	23,4 k €	-20.9%	29,5 k €	-1.1%	29,9 k €	+0.6%	29,7 k €	-0.4%	29,8 k €	+0.8%	29,6 k €	+3.9%	28,5 k €	+9.7%	25,9 k €	-8.0%	28,2 k €	+13.5%	24,8 k €	+17.1%	21,2 k €	-6.8%	22,8 k €	-15.1%	26,8 k €	+14.9%	23,3 k €
Operating result	19,4 k €	-19.4%	24 k €	+12.1%	21,4 k €	+225%	6,6 k €	-47.3%	12,5 k €	+74.0%	7,2 k €	-44.9%	13,1 k €	-32.1%	19,2 k €	-1.7%	19,6 k €	+0.9%	19,4 k €	-0.5%	19,5 k €	+1.2%	19,3 k €	+6.2%	18,1 k €	+16.1%	15,6 k €	-11.6%	17,7 k €	+23.4%	14,3 k €	+34.0%	10,7 k €	-12.7%	12,2 k €	-24.9%	16,3 k €	+25.2%	13 k €
Net result	15,6 k €	-24.8%	20,8 k €	+29.5%	16,1 k €	+242%	4,7 k €	-46.4%	8,8 k €	+68.7%	5,2 k €	-38.6%	8,5 k €	-33.9%	12,8 k €	+10.2%	11,6 k €	+1.7%	11,4 k €	+1.9%	11,2 k €	+3.0%	10,9 k €	+13.5%	9,6 k €	+26.0%	7,6 k €	+0.0%	7,6 k €	+49.4%	5,1 k €	+205%	1,7 k €	-45.3%	3,1 k €	-42.8%	5,4 k €	+104%	2,6 k €
Balance sheet
Equity	242,4 k €	+6.9%	226,8 k €	+10.1%	206 k €	+8.5%	189,9 k €	+2.5%	185,2 k €	+5.0%	176,4 k €	+3.0%	171,2 k €	+5.2%	162,8 k €	+8.6%	150 k €	+8.4%	138,3 k €	+9.0%	126,9 k €	+9.7%	115,6 k €	+10.4%	104,7 k €	+10.1%	95,1 k €	+8.7%	87,5 k €	+9.6%	79,8 k €	+6.8%	74,7 k €	+2.3%	73,1 k €	+4.4%	70 k €	+8.3%	64,6 k €
Total assets	246,2 k €	+6.8%	230,5 k €	+10.4%	208,8 k €	+9.1%	191,4 k €	+2.5%	186,7 k €	+4.7%	178,3 k €	-6.0%	189,8 k €	-3.9%	197,6 k €	-1.9%	201,4 k €	-2.4%	206,4 k €	-2.5%	211,7 k €	-2.5%	217,1 k €	-2.6%	222,8 k €	-3.1%	229,9 k €	-3.9%	239,3 k €	-4.5%	250,6 k €	-2.9%	258,2 k €	-6.1%	275 k €	-4.9%	289,1 k €	-4.9%	304 k €
Cash	130,2 k €	+4.0%	125,2 k €	+10.4%	113,4 k €	+26.7%	89,5 k €	+20.5%	74,3 k €	+29.1%	57,5 k €	-2.8%	59,2 k €	+13.5%	52,1 k €	+4.1%	50,1 k €	+11.7%	44,8 k €	+13.9%	39,4 k €	+22.6%	32,1 k €	+19.1%	26,9 k €	+3.0%	26,2 k €	+24.9%	21 k €	-22.1%	26,9 k €	+12.7%	23,9 k €	-21.1%	30,3 k €	-10.9%	34 k €	-13.5%	39,3 k €
Debts	3,8 k €	+2.5%	3,7 k €	+31.5%	2,8 k €	+85.9%	1,5 k €	+3.9%	1,5 k €	-23.0%	1,9 k €	-89.8%	18,6 k €	-46.7%	34,8 k €	-32.4%	51,5 k €	-24.5%	68,1 k €	-19.7%	84,8 k €	-16.4%	101,5 k €	-14.1%	118,1 k €	-12.4%	134,8 k €	-11.2%	151,8 k €	-11.1%	170,7 k €	-6.9%	183,4 k €	-9.2%	202 k €	-7.8%	219,1 k €	-8.4%	239,4 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 31/12/2025 · 2 active · 15 ended

Active mandates

Greta Boussu

Director · since 05 mai 2023 · until 05 mai 2029

Active

Johan Froeyen

Managing director · since 05 mai 2023 · until 05 mai 2029

Active

Ended mandates

Johan Froeyen

Director · since 05 mai 2023 · until 05 mai 2029

Ended

Greta Boussu

Director · since 04 mai 2018 · until 04 mai 2023

Ended

Johan Froeyen

Managing director · since 04 mai 2018 · until 04 mai 2023

Ended

REIN WATER

Director · since 04 mai 2018 · until 04 mai 2023 · 0452.416.908

Represented by Johan Froeyen

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	01/01/2025	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	30/06/2026	08/08/2025	03/06/2024	30/08/2023	19/07/2022	01/07/2021
General meeting	04/05/2026	02/05/2025	03/05/2024	05/05/2023	06/05/2022	07/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/05/2026	30/06/2026	Dutch	PDF
Micro model	31/12/2024	02/05/2025	08/08/2025	Dutch	PDF
Micro model	31/12/2023	03/05/2024	03/06/2024	Dutch	PDF
Micro model	31/12/2022	05/05/2023	30/08/2023	Dutch	PDF
Micro model	31/12/2021	06/05/2022	19/07/2022	Dutch	PDF
Micro model	31/12/2020	07/05/2021	01/07/2021	Dutch	PDF
Micro model	31/12/2019	04/05/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	03/05/2019	27/06/2019	Dutch	PDF
Micro model	31/12/2017	04/05/2018	24/08/2018	Dutch	PDF
Micro model	31/12/2016	05/05/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/05/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	11/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	17/05/2013	Dutch	PDF
Abridged model	31/12/2011	04/05/2012	13/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	15/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	21/05/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	15/05/2009	Dutch	PDF
Abridged model	31/12/2007	02/05/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	06/04/2007	24/05/2007	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 31/12/2025 · 2 active · 15 ended

Active mandates

Greta Boussu

Director · since 05 mai 2023 · until 05 mai 2029

Active

Johan Froeyen

Managing director · since 05 mai 2023 · until 05 mai 2029

Active

Ended mandates

Johan Froeyen

Director · since 05 mai 2023 · until 05 mai 2029

Ended

Greta Boussu

Director · since 04 mai 2018 · until 04 mai 2023

Ended

Johan Froeyen

Managing director · since 04 mai 2018 · until 04 mai 2023

Ended

REIN WATER

Director · since 04 mai 2018 · until 04 mai 2023 · 0452.416.908

Represented by Johan Froeyen

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202515,6 k €↓
2024
Annual accounts 202420,8 k €↑
2023
Annual accounts 202316,1 k €↑
2022
Annual accounts 20224,7 k €↓
2021
Annual accounts 20218,8 k €↑
2020
Annual accounts 20205,2 k €↓
2019
Annual accounts 20198,5 k €↓
2018
Annual accounts 201812,8 k €↑
2017
Annual accounts 201711,6 k €↑
2016
Annual accounts 201611,4 k €↑
2015
Annual accounts 201511,2 k €↑
2014
Annual accounts 201410,9 k €↑
2013
Annual accounts 20139,6 k €↑
2012
Annual accounts 20127,6 k €↑
2011
Annual accounts 20117,6 k €↑
2010
Annual accounts 20105,1 k €↑
2009
Annual accounts 20091,7 k €↓
2008
Annual accounts 20083,1 k €↓
2007
Annual accounts 20075,4 k €↑
2006
Annual accounts 20062,6 k €
13/12/2005
IncorporationPublic 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

FROBO

Overview

What does FROBO do?

Trend over 20 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

Similar companies

Similar companies

Timeline