Result
-€19,462 -€19,462
From profit to loss in 2025, after a profit of €147,547 in 2024.
FROIRECA
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €1.2m (2024)
€975,933▼ 16.1%
lowest -€169,503 (2021)
-€19,462▼ €167,009
peak €680,257 (2024)
€641,882▼ 5.6%
€1.4m▼ 28.4%
peak 13.3 FTE (2024)
11 FTE▼ 17.3%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Gross margin from €1.2m to €975,933Loss of €19,462Staff from 13.3 FTE to 11 FTEDebts from €2.0m to €1.4m
Key points
from the 2025 annual accountsTurnover
≈ €2.4m estimated
The accounts state no turnover.
Investments
€69,765 0.3 × depreciation
Green is investment, beige is depreciation.
Staff
11 employees on 31-12-2025
In 2025, 5 people joined and 6 left.
Filings
25 annual accounts since 2001
The last five annual accounts were filed 14 to 40 days before the end of the period.
Position in the sector
-€19,462
Lower net result than 88% of companies in specialised construction. Sector median €38,600 · 9,275 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as FROIRECA has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% 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 8,613 companies, not a prediction for FROIRECA. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473155706
Changes of role: (director) and (director)
Director discharge: (manager) · Director discharge: (manager) · General meeting of 27-10-2022 · Gazette deed
Capital decrease of €67,500 to €18,600
Capital from €86,100 to €18,600 · General meeting of 20-11-2018 · Gazette deed
Registered office moved within Brussels
New registered office: Avenue des Désirs 29 1140 Bruxelles · Previous registered office: Rue Théodore Verhaegen 150, 1060 Bruxelles · General meeting of 15-01-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FROIRECA Evere | €2.0m | €1.0m | 31.4% | 11 |
| OTB MULTITECHNICS Brussels | €2.0m | €0.9m | 39.8% | 11.3 |
| BRACQ ALAIN & CO Laarne | €2.2m | €1.0m | 80.0% | 11.7 |
| KLIMATECHNICS Turnhout | €1.9m | €1.1m | 57.2% | 10.1 |
| IVAN MARTIN Oupeye | €2.3m | €0.9m | 32.1% | 10.5 |
| Louwagie Heuvelland | €1.8m | €1.3m | 68.8% | 11.5 |
| CTS BeNeLux Aalst | €1.9m | €1.0m | 57.8% | 13 |
These companies have the same main activity as FROIRECA: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €1.8m and €2.3m, founded between 1995 and 2004.
Official details
Source: KBO- Status
- Active since 30-10-2000Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 1 other
- Establishment unit
- 2.259.830.1801140 Evere, since 15-12-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- €2.0m▼ 22.5%
- Employeeson 31-12-2025
- 11▼ 8.3%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on FROIRECA
FROIRECA files the abbreviated format. That format states no turnover. The gross margin rose from €157,998 in 2006 to €975,933 in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets.
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 FROIRECA
- What is the company number of FROIRECA?
- The company number of FROIRECA is 0473.155.706. The VAT number is the same number with BE in front: BE 0473.155.706.
- Where is FROIRECA based?
- The registered office is at Begeertenlaan 29, 1140 Evere.Company details
- What does FROIRECA do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of FROIRECA?
- FROIRECA is a private limited company (BV).
- When was FROIRECA founded?
- FROIRECA was founded on 30-10-2000.
- Is FROIRECA still active?
- Yes, FROIRECA is an active enterprise in the KBO register.
- How many employees does FROIRECA have?
- FROIRECA had an average of 11 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FROIRECA?
- The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €975,933 and 43 comparable companies (NACE 432). It probably lies between €2.1m and €3.2m.
- Is FROIRECA profitable?
- In financial year 2025, FROIRECA made a loss of €19,462.
- Where can I find the annual accounts of FROIRECA?
- FROIRECA filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FROIRECA due?
- FROIRECA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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