Equity
-€30,397
Debts exceed assets in financial year 2025.
EUROFRIGIBEL
Lifetime
11 annual accounts with figures on one time axis, 13 filings since 2013peak €166,352 (2013)
-€7,795
lowest -€18,528 (2015)
-€9,353
peak €162,850 (2014)
-€30,397
€52,138
Board2 names since 2021
1 directorPaul Van Den Eynde
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Loss of €9,353No figures for the year before
Key points
from the 2025 annual accountsDebts
€52,138 240% of the balance sheet
Suppliers 57%Taxes and wages 3%Other 40%
Position in the sector
-139.8%
Lower solvency than 92% of companies in wholesale trade. Sector median 40.4% · 13,805 companies.
Turnover not published (micro format)
Checked score
52
Fair
Financially stronger than 4% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.0%
01-2025: 4.9%▲ +0.9 percentage points vs 12-2024
02-2025: 4.9%● unchanged vs 01-2025
03-2025: 5.2%▲ +0.3 percentage points vs 02-2025highest value
04-2025: 4.8%▼ -0.4 percentage points vs 03-2025
05-2025: 4.8%● unchanged vs 04-2025
06-2025: 4.8%● unchanged vs 05-2025
07-2025: 4.4%▼ -0.4 percentage points vs 06-2025
08-2025: 4.4%● unchanged vs 07-2025
09-2025: 4.4%● unchanged vs 08-2025
10-2025: 4.4%● unchanged vs 09-2025
11-2025: 4.4%● unchanged vs 10-2025
12-2025: 2.2%▼ -2.2 percentage points vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.2%● unchanged vs 03-2026
05-2026: 2.2%● unchanged vs 04-2026
06-2026: 2.2%● unchanged vs 05-2026
07-2026: 1.8%▼ -0.4 percentage points vs 06-2026lowest value
08-2026: 1.8%● unchanged vs 07-2026lowest value
09-2026: 1.8%● unchanged vs 08-2026lowest value
10-2026: 1.8%● unchanged vs 09-2026lowest value
11-2026: 1.8%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €9,353, the second in a row (financial year 2025)
Liquidity: current ratio 0.42
Negative equity -€30,397
lowers risk
Size: total assets €21,741
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 46, micro). It does better than 6% of them on solvency, 1% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as EUROFRIGIBEL has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EUROFRIGIBEL itself: 1.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for EUROFRIGIBEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.42, below 1. Short-term debt is 239.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€30,397
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 days early
2024
42 days early
2023
33 days late
2022
80 days early
2021
262 days late
2020
3 days early
2019
38 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (4 of the last 5 accounts filed within 72 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0845435964
Company renamed from Janssens Technologies to EUROFRIGIBEL INTERNATIONAL TRADING
Resignation: Joël Peter Emma Janssens (director) · Appointment: Paul Van Den Eynde (director) · “A) Handel, koop, verkoop, commissie:” (deed in Dutch) · General meeting of 30-10-2023 · Gazette deed
First establishment
Nieuwstraat 59, Westerlo
Incorporation
published on 04-05-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EUROFRIGIBEL Westerlo | €21,741 | -€7,795 | -139.8% | - |
| iDeclick Aywaille | €20,303 | -€3,826 | 11.0% | - |
| Helmacab België Antwerp | €31,747 | -€6,796 | -10.2% | 0 |
| 7 Green Nutra Life Diest | €32,477 | -€906 | 98.8% | - |
| 3W WATT WITH WIND Kasterlee | €17,428 | -€165 | 96.9% | - |
| Powerpartstore Antwerp | €23,015 | €1,532 | 66.7% | - |
| D.N.M.C. Mons | €69,320 | -€11,515 | 61.4% | - |
These companies have the same main activity as EUROFRIGIBEL: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €17,400 and €69,300, founded between 2006 and 2018.
Official details
Source: KBO- Status
- Active since 19-04-2012Normal situation
- Activity
- Wholesale of electrical equipment, including installation materialsNACE 46643and 2 others
- Establishment unit
- 2.209.081.4632260 Westerlo, since 23-04-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Annual accounts 2025
- €21,741
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on EUROFRIGIBEL
EUROFRIGIBEL files the micro format. That format states no turnover. The gross margin fell from €166,352 in 2013 to -€7,795 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EUROFRIGIBEL
- What is the company number of EUROFRIGIBEL?
- The company number of EUROFRIGIBEL is 0845.435.964. The VAT number is the same number with BE in front: BE 0845.435.964.
- Where is EUROFRIGIBEL based?
- The registered office is at Nieuwstraat 59C, 2260 Westerlo.Company details
- What does EUROFRIGIBEL do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of EUROFRIGIBEL?
- EUROFRIGIBEL is a private limited company (BV).
- When was EUROFRIGIBEL founded?
- EUROFRIGIBEL was founded on 19-04-2012.
- Is EUROFRIGIBEL still active?
- Yes, EUROFRIGIBEL is an active enterprise in the KBO register.
- What is the turnover of EUROFRIGIBEL?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is EUROFRIGIBEL profitable?
- In financial year 2025, EUROFRIGIBEL made a loss of €9,353.
- Where can I find the annual accounts of EUROFRIGIBEL?
- EUROFRIGIBEL filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EUROFRIGIBEL due?
- EUROFRIGIBEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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