Equity
€166,734 from €282,172 in 2024
Equity fell by 41% in 1 year.
FRIBELS
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €634,384 (2024)
€371,686▼ 41.4%
lowest -€115,370 (2025)
-€115,370▼ €167,624
peak €282,172 (2024)
€166,734▼ 40.9%
€192,147▲ 5.2%
peak 10.7 FTE (2022)
8.6 FTE▼ 14.0%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Gross margin from €634,384 to €371,686Loss of €115,370Staff from 10 FTE to 8.6 FTEEquity from €282,172 to €166,734Cash from €52,475 to €33,247
Key points
from the 2025 annual accountsResult
-€115,370 -€115,370
From profit to loss in 2025, after a profit of €52,253 in 2024.
Staff
9 employees on 31-12-2025
In 2025, 3 people joined and 3 left.
Filings
21 annual accounts since 2005
The last five annual accounts were filed 14 to 40 days before the end of the period.
At the same address
581 companies
Position in the sector
-€115,370
Lower net result than 91% of companies in machinery and equipment. Sector median €60,041 · 601 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,843 companies had the same profile as FRIBELS has now. Each dot stands for 15 companies, two years later.
84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,843 companies, not a prediction for FRIBELS. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0865860701
Registered office moved within Brussels
New registered office: Avenue Louise 231 1050 Bruxelles · Previous registered office: Rue Théodore Verhaegen 150, 1060 Bruxelles · General meeting of 18-10-2024 · Gazette deed
Changes of role: (director) and (director)
holds 50 shares · General meeting of 27-10-2022 · Gazette deed
Incorporation
published on 28-06-2004 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRIBELS Ixelles | €358,881 | €371,686 | 46.5% | 8.6 |
| K.W.J. Liège | €264,465 | €387,568 | 48.9% | 6.7 |
| Verhelst MVC Eeklo | €777,568 | €627,952 | 11.2% | 12.3 |
| GENERAL FROID Seraing | €565,616 | €400,419 | 44.8% | 9 |
| PRECICOM REFRIGERATION Mons | €664,556 | €338,096 | 38.3% | 9 |
| MR REFRIGERATION Gembloux | €431,936 | €669,886 | 41.0% | 11.9 |
| O.M.S. Oudenaarde | €629,554 | €410,322 | -29.9% | 6.6 |
These companies have the same main activity as FRIBELS: manufacture of machinery and equipment not elsewhere classified (NACE 28250). They are comparable in size and age: total assets between €264,000 and €778,000, founded between 1985 and 2014.
Official details
Source: KBO- Status
- Active since 18-06-2004Normal situation
- Registered office
- 582 active companies are registered at this address52 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28250and 1 other
- Establishment unit
- 2.138.867.9151050 Ixelles, since 18-06-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- ≈ €880,000estimated
- €358,881▼ 22.8%
- Employeeson 31-12-2025
- 9=
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on FRIBELS
FRIBELS files the abbreviated format. That format states no turnover. The gross margin rose from €16,588 in 2006 to €371,686 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 FRIBELS
- What is the company number of FRIBELS?
- The company number of FRIBELS is 0865.860.701. The VAT number is the same number with BE in front: BE 0865.860.701.
- Where is FRIBELS based?
- The registered office is at Louizalaan 231, 1050 Ixelles.Company details
- What does FRIBELS 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 FRIBELS?
- FRIBELS is a private limited company (BV).
- When was FRIBELS founded?
- FRIBELS was founded on 18-06-2004.
- Is FRIBELS still active?
- Yes, FRIBELS is an active enterprise in the KBO register.
- How many employees does FRIBELS have?
- FRIBELS had an average of 8.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FRIBELS?
- The turnover in financial year 2025 is ≈ €880,000. This figure is estimated from the gross margin of €371,686 and 2,275 comparable companies of the same size. It probably lies between €530,000 and €1.5m. It is a rough estimate.
- Is FRIBELS profitable?
- In financial year 2025, FRIBELS made a loss of €115,370.
- Where can I find the annual accounts of FRIBELS?
- FRIBELS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FRIBELS due?
- FRIBELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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