Ets REFRICAR
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Ets REFRICAR has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €237,015 and a net result of €141,723. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 29% of 384 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 08-06-1993 Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classified NACE 28250and 1 other
- Establishment unit
- 2.063.338.468 4040 Herstal, since 17-08-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2025
Board and ownership
- SRL RGAUDE MANAGEMENTDaily manager · permanent representative Romain GAUDE
- SRL SGAUDE MANAGEMENTDaily manager · permanent representative Simon GAUDE
- Thierry GAUDEDaily manager
- Myriam SLUYSMANSDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €577,899
- ▲ 38.1%
- Turnover
- ≈ €1.4m
- estimated
- Profit
- €141,723
- ▲ 232%
- Equity
- €237,015
- ▲ 21.4%
- Total assets
- €907,240
- ▲ 20.6%
- Employees on 31-12-2025
- 7
- ▲ 40.0%
Score breakdownraises riskSector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskFounded in 1993Liquidity: current ratio 1.27, cash €147,143Legal form: public limited companyShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, micro). It does better than 31% of them on solvency, 22% on liquidity, 79% on profitability and 77% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Result rose in 2025from €42,628 to €141,723 ▲ 232% View
- Caution: Less equity than 87% of companies in machinery and equipmentsector median €1.9m · 384 companies €237,015 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €141,723 7 years View
Comparable companies
These companies have the same main activity as Ets REFRICAR: manufacture of machinery and equipment not elsewhere classified (NACE 28250). They are comparable in size and age: total assets between €566,000 and €1.6m, founded between 1976 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| Ets REFRICAR Herstal | €0.9m | €0.6m |
| COOLING - DEHYDRATING - HEATING Hasselt | €0.9m | €0.7m |
| KNOOPS COOLING Hasselt | €1.2m | €0.5m |
| BROUWIR MAWET TECHNIQUE REFRIGERATION Herstal | €1.1m | €0.9m |
| GENERAL FROID Seraing | €0.6m | €0.4m |
| A.M.U. ROBOTIC SPRL Spa | €1.6m | €0.2m |
| MULTIFAN BELGIUM Maldegem | €1.1m | €0.4m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 21-05-2026
- Annual accounts 2024filed on 15-07-2025
- Annual accounts 2023filed on 15-05-2024
- Annual accounts 2022filed on 17-07-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 04-09-2025
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Ets REFRICAR
- What is the company number of Ets REFRICAR?
- The company number of Ets REFRICAR is 0450.327.745. The VAT number is the same number with BE in front: BE 0450.327.745.
- Where is Ets REFRICAR based?
- The registered office is at Rue de l'Abbaye 140, 4040 Herstal.Company details
- What does Ets REFRICAR do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28250).
- What is the legal form of Ets REFRICAR?
- The legal form of Ets REFRICAR is Public limited company (NV).
- When was Ets REFRICAR founded?
- Ets REFRICAR was founded on 08-06-1993.
- Is Ets REFRICAR still active?
- Yes, Ets REFRICAR is an active enterprise in the KBO register.
- How many employees does Ets REFRICAR have?
- Ets REFRICAR had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Ets REFRICAR?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €577,899 and 2,285 comparable companies of the same size. It probably lies between €820,000 and €2.3m. It is a rough estimate.
- Is Ets REFRICAR profitable?
- In financial year 2025, Ets REFRICAR made a profit of €141,723.
- Where can I find the annual accounts of Ets REFRICAR?
- Ets REFRICAR filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Ets REFRICAR due?
- Ets REFRICAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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