NORMAL SITUATION

FROSTIC

Financial year 2024 · closed on 29/05/2024
Net result
49 k €
-82.6% YoY
Gross margin
218,3 k €
-59.3% YoY
Equity
7,9 M €
+0.6% YoY

Company — Normal situation.

What does FROSTIC do?

FROSTIC is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0885.051.259
Legal form
Private limited company
Contributed capital
3 546 632,20 €
Latest accounts
29/05/2024
Joint committees (5)
  • 200
  • 20000
  • 202
  • 20201
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220222020201920182017201620152014201320122011201020092008
Income statement
Gross margin218,3 k €535,9 k €246,6 k €399 k €392 k €496,2 k €433,7 k €401,8 k €404,2 k €407,8 k €408,6 k €415,3 k €403,2 k €362,9 k €364,6 k €361,2 k €486,4 k €
EBITDA-18,5 k €16,2 k €33,7 k €12,1 k €12,6 k €86,3 k €77,5 k €44,8 k €51,3 k €61,4 k €61,9 k €56,7 k €55,7 k €58,5 k €67 k €68 k €58,1 k €
Operating result-18,5 k €8,4 k €31 k €6,6 k €7,2 k €81,3 k €72,5 k €39,8 k €46,3 k €56,4 k €61,9 k €56,7 k €55,7 k €58,5 k €67 k €68 k €58,1 k €
Net result49 k €281,3 k €3 M €2 k €12,5 k €53,2 k €44,3 k €37,6 k €244,4 k €251,7 k €157 k €253 k €249,3 k €238,1 k €238,8 k €213,8 k €441,2 k €
Balance sheet
Equity7,9 M €7,9 M €7,6 M €4,6 M €4,6 M €4,6 M €4,5 M €4,5 M €4,5 M €4,3 M €4,1 M €4,1 M €3,9 M €3,7 M €3,5 M €3,3 M €3,1 M €
Total assets8 M €8,3 M €8,1 M €4,8 M €4,8 M €4,8 M €4,7 M €4,7 M €4,7 M €4,5 M €4,4 M €4,4 M €4,6 M €4,6 M €4,6 M €4,4 M €4,5 M €
Cash63,1 k €7,9 k €345,4 k €28,8 k €926,6 €1,1 k €2,5 k €1,5 k €1,5 k €1 k €127,6 €745 €833,4 €22,7 k €37 k €38,1 k €15,3 k €
Debts111,1 k €432,7 k €480,5 k €206,6 k €188,5 k €232,7 k €159,7 k €187,8 k €202,7 k €203,9 k €304,2 k €271,8 k €681,3 k €836,3 k €1 M €1,1 M €1,3 M €
Other
Workforce5,0 ETP5,1 ETP4,2 ETP4,3 ETP4,3 ETP4,3 ETP4,3 ETP4,3 ETP4,3 ETP4,3 ETP5,0 ETP5,0 ETP5,0 ETP5,0 ETP5,0 ETP5,0 ETP
Governance

Board of directors

Seen on filing of 29/05/2024 · 2 active · 8 ended

Active mandates

Friglish

Liquidator · since 22 décembre 2022 · 0770.622.834

Represented by Marijke ADRIAENS

Active
FriPA

Liquidator · since 22 décembre 2022 · 0770.592.348

Represented by Patricia ADRIAENS

Active

Ended mandates

Friglish

Director · since 22 décembre 2022 · 0770.622.834

Represented by Marijke ADRIAENS

Ended
FriPA

Director · since 22 décembre 2022 · 0770.592.348

Represented by Patricia ADRIAENS

Ended
Marijke Adriaens

Director · until 22 décembre 2022

Ended
Marijke Adriaens

Director

Ended
Annual accounts

Full financial information

202420232022202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year29/05/202431/12/202331/12/202230/06/202230/06/202130/06/2020
Length of the financial year5 months12 months6 months12 months12 months12 months
Filing date28/01/202503/06/202430/06/202303/01/202331/01/202229/01/2021
General meeting29/05/202431/05/202430/06/202321/12/202231/01/202220/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model29/05/202429/05/202428/01/2025DutchPDF
Abridged model31/12/202331/05/202403/06/2024DutchPDF
Abridged model31/12/202230/06/202330/06/2023DutchPDF
Abridged model30/06/202221/12/202203/01/2023DutchPDF
Abridged model30/06/202131/01/202231/01/2022DutchPDF
Abridged model30/06/202020/01/202129/01/2021DutchPDF
Abridged model30/06/201924/10/201926/11/2019DutchPDF
Abridged model30/06/201815/11/201814/12/2018DutchPDF
Abridged model30/06/201723/11/201718/12/2017DutchPDF
Abridged model30/06/201627/10/201615/12/2016DutchPDF
Abridged model30/06/201522/10/201528/12/2015DutchPDF
Abridged model30/06/201429/12/201428/01/2015DutchPDF
Abridged model30/06/201322/11/201330/12/2013DutchPDF
Abridged model30/06/201225/10/201212/12/2012DutchPDF
Abridged model30/06/201127/10/201124/02/2012DutchPDF
Abridged model30/06/201028/10/201027/01/2011DutchPDF
Abridged model30/06/200922/10/200925/02/2010DutchPDF
Abridged model30/06/200823/10/200830/12/2008DutchPDF
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 29/05/2024 · 2 active · 8 ended

Active mandates

Friglish

Liquidator · since 22 décembre 2022 · 0770.622.834

Represented by Marijke ADRIAENS

Active
FriPA

Liquidator · since 22 décembre 2022 · 0770.592.348

Represented by Patricia ADRIAENS

Active

Ended mandates

Friglish

Director · since 22 décembre 2022 · 0770.622.834

Represented by Marijke ADRIAENS

Ended
FriPA

Director · since 22 décembre 2022 · 0770.592.348

Represented by Patricia ADRIAENS

Ended
Marijke Adriaens

Director · until 22 décembre 2022

Ended
Marijke Adriaens

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution20/08/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Dissolution03/07/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2024
    Annual accounts 202449 k €
  2. 2024
    Name changeFrostic (in vereffening)
  3. 2023
    Annual accounts 2023281,3 k €
  4. 2022
    Annual accounts 20223 M €
  5. 2022
    Annual accounts 20222 k €
  6. 2022
    Name changeFrostic
  7. 2020
    Annual accounts 202012,5 k €
  8. 2019
    Annual accounts 201953,2 k €
  9. 2018
    Annual accounts 201844,3 k €
  10. 2017
    Annual accounts 201737,6 k €
  11. 2016
    Annual accounts 2016244,4 k €
  12. 2015
    Annual accounts 2015251,7 k €
  13. 2014
    Annual accounts 2014157 k €
  14. 2013
    Annual accounts 2013253 k €
  15. 2012
    Annual accounts 2012249,3 k €
  16. 2011
    Annual accounts 2011238,1 k €
  17. 2010
    Annual accounts 2010238,8 k €
  18. 2009
    Annual accounts 2009213,8 k €
  19. 2008
    Annual accounts 2008441,2 k €