FROIRECA
Annual accounts 2025
abbreviated format, filed on 17-07-2026, 14 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €2.4m. Estimated: probably between €2.1m and €3.2m.
Balance sheet
balance sheet total €2.0m on 31-12-2025in euro
in euro
Position in the sector
31.4%
Higher than 34% of 9,279 companies in 2025.
1.16
Higher than 26% of 9,202 companies in 2025.
-1.0%
Higher than 17% of 9,247 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half · Staff: top quarter
Staff
€69,318
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2025, 5 people joined and 6 left. Training hours in 2025: 426.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
2.0m | 2.6m | 2.8m | 2.1m | 2.1m | 2.0m | 2.2m | 2.0m | 1.8m | 1.1m | 730,630 | 921,142 | 687,774 | 798,992 | 491,226 | 609,481 | 492,545 | 298,411 | 223,054 | 237,608 | |
21/28 |
959,445 | 1.1m | 1.1m | 1.2m | 936,613 | 946,268 | 971,354 | 1.1m | 1.2m | 88,439 | 21,595 | 37,472 | 70,497 | 84,282 | 99,130 | 125,520 | 105,443 | 28,051 | 40,080 | 53,907 | |
21 |
0 | - | - | 948 | 1,895 | 2,843 | 3,790 | - | - | - | - | - | - | - | - | 4,860 | 9,720 | 14,580 | 19,440 | - | |
22/27 |
959,445 | 1.1m | 1.1m | 1.1m | 934,718 | 943,425 | 967,564 | 1.1m | 1.2m | 88,439 | 21,595 | 37,472 | 70,497 | 84,282 | 99,130 | 120,423 | 95,486 | 13,234 | 20,404 | 53,671 | |
22 |
726,888 | 775,590 | 871,428 | 863,428 | 827,233 | 840,724 | 908,117 | 975,510 | 1.0m | - | - | - | - | - | - | - | - | - | - | - | |
23 |
38,428 | 36,124 | 36,338 | 44,714 | 36,732 | 13,744 | 16,639 | 24,094 | 26,327 | 35,103 | - | 801 | 5,236 | 9,854 | 12,106 | 2,557 | 3,321 | 1,943 | 2,560 | 6,571 | |
24 |
194,129 | 283,605 | 208,632 | 241,753 | 70,753 | 88,957 | 42,808 | 67,019 | 98,176 | 45,365 | 5,653 | 12,759 | 20,878 | 49,430 | 49,526 | 67,870 | 89,032 | 5,025 | 8,445 | 17,228 | |
28 |
- | - | - | - | - | - | - | 7,002 | - | - | - | - | - | - | - | 237 | 237 | 237 | 237 | 237 | |
29/58 |
1.1m | 1.5m | 1.7m | 985,658 | 1.2m | 1.1m | 1.2m | 925,348 | 598,447 | 976,672 | 709,035 | 883,670 | 617,277 | 714,710 | 392,097 | 483,961 | 387,103 | 270,360 | 182,974 | 183,701 | |
3 |
33,715 | 34,941 | 93,461 | 125,323 | 18,891 | 106,842 | 11,573 | 9,003 | 33,924 | 154,960 | 55,162 | 12,810 | 9,460 | 6,045 | 2,895 | 95,598 | 48,806 | 43,267 | 5,500 | 8,850 | |
30/36 |
33,715 | 34,941 | 93,461 | 125,323 | 18,891 | 106,842 | 11,573 | 9,003 | 33,924 | 154,960 | 55,162 | 12,810 | 9,460 | 6,045 | 2,895 | 95,598 | 48,806 | 43,267 | 5,500 | 8,850 | |
40/41 |
804,440 | 1.2m | 1.3m | 656,136 | 925,037 | 705,011 | 979,382 | 750,937 | 520,736 | 595,345 | 329,398 | 754,307 | 497,409 | 571,584 | 350,138 | 331,443 | 245,475 | 206,396 | 171,572 | 170,711 | |
40 |
680,118 | 1.1m | 1.3m | 593,808 | 854,769 | 629,029 | 817,474 | 503,362 | 302,084 | 564,804 | 264,594 | 723,579 | 450,278 | 511,855 | 327,397 | 275,022 | 212,453 | 119,630 | 106,937 | 128,960 | |
41 |
124,322 | 53,302 | 61,916 | 62,328 | 70,268 | 75,982 | 161,909 | 247,575 | 218,652 | 30,541 | 64,805 | 30,728 | 47,131 | 59,730 | 22,741 | 56,420 | 33,022 | 86,766 | 64,635 | 41,751 | |
50/53 |
0 | 1 | 40,001 | 1 | 100,000 | - | 100,000 | 100,000 | - | 100,000 | 300,000 | 75,000 | 70,000 | 100,000 | 10,000 | 30,000 | 80,000 | - | - | - | |
54/58 |
227,923 | 285,468 | 178,731 | 189,679 | 143,998 | 260,505 | 106,933 | 51,966 | 34,509 | 113,842 | 15,703 | 32,526 | 31,563 | 30,967 | 18,214 | 24,370 | 11,986 | 17,052 | 104 | 2,149 | |
490/1 |
16,217 | 33,734 | 25,649 | 14,520 | 19,012 | 15,786 | 3,321 | 13,442 | 9,277 | 12,525 | 8,771 | 9,027 | 8,845 | 6,113 | 10,850 | 2,551 | 836 | 3,646 | 5,798 | 1,991 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
2.0m | 2.6m | 2.8m | 2.1m | 2.1m | 2.0m | 2.2m | 2.0m | 1.8m | 1.1m | 730,630 | 921,142 | 687,774 | 798,992 | 491,226 | 609,481 | 492,545 | 298,411 | 223,054 | 237,608 | |
10/15 |
641,882 | 680,257 | 665,706 | 443,295 | 462,644 | 649,275 | 671,950 | 521,973 | 479,591 | 352,448 | 253,689 | 230,297 | 173,046 | 98,097 | 101,431 | 105,326 | 92,828 | 52,208 | 46,480 | 64,217 | |
10/11 |
13,495 | 13,495 | 13,495 | 13,495 | 13,495 | 13,495 | 13,495 | 13,495 | 80,995 | 80,995 | 80,995 | 80,995 | 80,995 | 13,495 | 13,495 | 13,495 | 13,495 | 13,495 | 13,495 | 13,495 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 86,100 | 86,100 | 86,100 | 86,100 | 86,100 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | 5,105 | |
11 |
- | - | 13,495 | 13,495 | 13,495 | 13,495 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | 13,495 | 13,495 | 13,495 | 13,495 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
535,561 | 535,561 | 495,047 | 475,941 | 475,941 | 475,941 | 486,759 | 318,590 | 270,694 | 270,694 | 172,694 | 65,661 | 6,186 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 8,610 | 8,610 | 8,610 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 8,610 | 8,610 | 8,610 | 8,610 | 8,610 | 8,610 | 6,186 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 8,610 | 8,610 | 8,610 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
535,561 | 535,561 | 495,047 | 467,331 | 467,331 | 467,331 | 478,149 | 309,980 | 262,084 | 262,084 | 164,084 | 57,051 | - | - | - | - | - | - | - | - | |
14 |
-19,462 | - | - | -185,215 | -169,503 | - | - | - | -36,758 | 759 | - | 83,642 | 83,642 | 76,443 | 75,700 | 73,696 | 66,414 | 31,384 | 23,833 | 48,862 | |
15 |
112,288 | 131,201 | 157,164 | 139,074 | 142,711 | 159,840 | 171,696 | 189,888 | 164,661 | - | - | - | 2,223 | 6,299 | 10,376 | 16,275 | 11,059 | 5,469 | 7,292 | - | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,145 | 3,244 | 5,343 | 8,049 | 5,031 | 1,821 | 2,428 | - | |
168 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,145 | 3,244 | 5,343 | 8,049 | 5,031 | 1,821 | 2,428 | - | |
17/49 |
1.4m | 2.0m | 2.1m | 1.7m | 1.7m | 1.4m | 1.5m | 1.5m | 1.3m | 712,662 | 476,942 | 690,845 | 513,583 | 697,651 | 384,453 | 496,106 | 394,686 | 244,382 | 174,146 | 173,392 | |
17 |
463,748 | 608,711 | 574,806 | 657,401 | 637,406 | 554,327 | 571,057 | 650,476 | 732,677 | 44,676 | 18,336 | 35,393 | 56,958 | 55,778 | 62,911 | 93,468 | 73,529 | 4,716 | 16,900 | 13,448 | |
170/4 |
463,748 | 608,711 | 574,806 | 657,401 | 637,406 | 554,327 | 571,057 | 650,476 | 732,677 | 44,676 | 18,336 | 35,393 | 56,958 | 55,778 | 62,911 | 93,468 | 73,529 | 4,716 | 16,900 | 13,448 | |
42/48 |
935,356 | 1.3m | 1.5m | 1.0m | 1.0m | 824,973 | 929,556 | 826,457 | 549,176 | 663,571 | 449,776 | 639,844 | 438,845 | 619,645 | 321,087 | 402,488 | 320,985 | 238,005 | 157,246 | 159,944 | |
42 |
144,963 | 161,932 | 140,653 | 127,617 | 100,922 | 86,188 | 79,419 | 81,008 | 82,736 | 31,367 | 14,013 | 21,565 | 33,723 | 37,040 | 30,557 | 29,713 | 24,861 | 12,185 | 15,130 | 31,353 | |
43 |
83,302 | 54,057 | 37,049 | 44,331 | 44,323 | 44,328 | 106,733 | 37,529 | 6,996 | 35,433 | 50,438 | 67,689 | 66,779 | 13,911 | 11,680 | 9,608 | 31,000 | 2,500 | 34,825 | - | |
430/8 |
83,302 | 54,057 | 37,049 | 44,331 | 44,323 | 44,328 | 106,733 | 37,529 | 6,996 | 35,433 | 50,438 | 67,689 | 66,779 | 13,911 | 11,680 | 9,608 | 31,000 | 2,500 | 34,825 | - | |
44 |
486,443 | 882,002 | 1.0m | 776,766 | 778,322 | 566,340 | 523,045 | 427,513 | 379,489 | 124,929 | 147,941 | 256,081 | 208,097 | 398,994 | 246,074 | 214,605 | 148,453 | 108,529 | 91,399 | 70,564 | |
440/4 |
486,443 | 882,002 | 1.0m | 776,766 | 778,322 | 566,340 | 523,045 | 427,513 | 379,489 | 124,929 | 147,941 | 256,081 | 208,097 | 398,994 | 246,074 | 214,605 | 148,453 | 108,529 | 91,399 | 70,564 | |
46 |
- | - | 206,321 | - | - | - | 144,174 | 148,388 | - | 366,440 | 203,562 | 255,758 | 105,911 | 140,619 | - | 133,228 | 100,800 | 74,450 | - | 31,750 | |
45 |
112,069 | 118,275 | 70,355 | 50,736 | 95,603 | 66,389 | 71,820 | 90,338 | 48,485 | 69,424 | 29,274 | 35,181 | 22,630 | 28,172 | 32,637 | 15,206 | 15,744 | 16,342 | 15,891 | 22,584 | |
450/3 |
20,752 | 21,338 | 17,711 | - | 4,420 | 4,375 | 4,773 | 33,408 | 4,440 | 28,506 | 2,500 | 1,474 | 350 | 5,650 | 13,203 | 1,568 | 1,358 | 8,000 | 2,891 | - | |
454/9 |
91,318 | 96,937 | 52,645 | 50,736 | 91,183 | 62,014 | 67,047 | 56,930 | 44,045 | 40,918 | 26,774 | 33,706 | 22,280 | 22,522 | 19,434 | 13,638 | 14,386 | 8,342 | 13,000 | 22,584 | |
47/48 |
108,578 | 116,643 | 43,101 | 24,248 | 23,665 | 61,729 | 4,364 | 41,682 | 31,469 | 35,978 | 4,547 | 3,570 | 1,705 | 908 | 140 | 127 | 127 | 24,000 | - | 3,692 | |
492/3 |
754 | 12,459 | 9,621 | 12,108 | 666 | 5,836 | - | 65 | 4,410 | 4,415 | 8,830 | 15,608 | 17,780 | 22,228 | 454 | 151 | 172 | 1,661 | - | - | |
| Income statement | |||||||||||||||||||||
9900 |
975,933 | 1.2m | 1.0m | 739,096 | 543,292 | 692,658 | 831,298 | 661,282 | 524,156 | 568,886 | 382,056 | 407,245 | 430,748 | 246,595 | 259,163 | 210,138 | 206,386 | 146,662 | 144,417 | 157,998 | |
62 |
762,496 | 750,722 | 652,983 | 595,747 | 604,467 | 514,640 | 468,067 | 428,793 | 360,825 | 340,071 | 299,885 | 262,434 | 235,063 | 192,491 | 199,540 | 130,607 | 115,162 | 84,218 | 129,685 | 129,825 | |
630 |
205,638 | 180,403 | 166,045 | 139,501 | 105,205 | 109,255 | 104,966 | 109,844 | 198,789 | 37,234 | 15,877 | 33,025 | 54,794 | 48,281 | 48,453 | 47,955 | 35,148 | 16,422 | 31,903 | 38,825 | |
631/4 |
- | - | - | - | - | - | - | - | 4,461 | - | - | - | - | - | - | -127 | - | - | - | - | |
640/8 |
28,160 | 19,490 | 16,308 | 20,910 | 11,703 | 11,072 | 12,070 | 15,813 | 15,290 | 3,874 | 5,644 | 5,749 | 6,142 | 3,716 | 4,407 | 17,167 | 3,255 | 4,050 | 7,059 | 6,799 | |
9901 |
-20,361 | 211,924 | 211,719 | -17,061 | -178,083 | 57,691 | 246,195 | 106,831 | -55,208 | 187,707 | 60,649 | 106,037 | 134,748 | 2,107 | 6,763 | 14,535 | 52,821 | 41,972 | -24,230 | -17,451 | |
75/76B |
27,340 | 25,962 | 28,483 | 19,532 | 20,715 | 18,525 | 18,341 | 19,457 | 29,480 | 431 | 904 | 3,199 | 6,149 | 6,287 | 6,501 | 6,549 | 4,260 | 2,366 | 2,358 | 429 | |
75 |
27,340 | 25,962 | 28,483 | 19,532 | 20,715 | 18,525 | 18,341 | 19,457 | 29,480 | 431 | 904 | 3,199 | 6,149 | 6,287 | 6,501 | 6,549 | 4,260 | 2,366 | 2,358 | 429 | |
65/66B |
24,926 | 21,941 | 18,170 | 16,038 | 11,144 | 10,977 | 11,279 | 11,903 | 10,672 | 5,619 | 5,733 | 7,316 | 6,105 | 5,245 | 5,742 | 6,484 | 6,137 | 5,384 | 3,755 | 3,291 | |
65 |
24,926 | 21,941 | 18,170 | 16,038 | 11,144 | 10,977 | 11,279 | 11,903 | 10,672 | 5,619 | 5,733 | 7,316 | 6,105 | 5,245 | 5,742 | 6,484 | 6,137 | 5,384 | 3,755 | 3,291 | |
9903 |
-17,947 | 215,945 | 222,032 | -13,568 | -168,512 | 65,240 | 253,257 | 114,384 | -36,400 | 182,519 | 55,820 | 101,921 | 134,792 | 3,148 | 7,523 | 14,599 | 50,944 | 38,954 | -25,627 | -20,313 | |
67/77 |
1,515 | 68,398 | 17,711 | 2,145 | 990 | 19,008 | 85,088 | 29,730 | 1,118 | 83,759 | 32,428 | 43,591 | 50,366 | 4,505 | 8,224 | 10,023 | 17,476 | 8,009 | 8 | 10 | |
9904 |
-19,462 | 147,547 | 204,321 | -15,712 | -169,503 | 46,232 | 168,169 | 84,655 | -37,518 | 98,759 | 23,392 | 59,474 | 86,525 | 742 | 2,004 | 7,282 | 35,030 | 31,551 | -25,029 | -20,323 | |
9905 |
-19,462 | 147,547 | 204,321 | -15,712 | -169,503 | 46,232 | 168,169 | 84,655 | -37,518 | 98,759 | 23,392 | 59,474 | 86,525 | 742 | 2,004 | 7,282 | 35,030 | 31,551 | -25,029 | -20,323 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-19,462 | 147,547 | 19,106 | -185,215 | -169,503 | 46,232 | 168,169 | 47,896 | -36,758 | 98,759 | 107,033 | 143,116 | 162,968 | 76,443 | 75,700 | 73,696 | 66,414 | 55,384 | 23,833 | 48,862 | |
14P |
- | - | -185,215 | -169,503 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 107,033 | - | - | - | 57,051 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | 147,547 | 19,106 | - | - | 46,232 | 168,169 | 47,896 | - | 98,000 | 107,033 | 59,474 | 4,326 | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 2,424 | 4,326 | - | - | - | - | - | - | - | |
6921 |
- | 147,547 | 19,106 | - | - | 46,232 | 168,169 | 47,896 | - | 98,000 | 107,033 | 57,051 | - | - | - | - | - | - | - | - | |
694/7 |
- | 107,033 | - | - | - | 57,051 | - | - | - | - | - | - | 75,000 | - | - | - | - | 24,000 | - | - | |
694 |
- | 107,033 | - | - | - | 57,051 | - | - | - | - | - | - | 75,000 | - | - | - | - | 24,000 | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
11 | 13.3 | 12.5 | 9.8 | 12.1 | 10.9 | 10.1 | 9.4 | 9.1 | 8.8 | 7.5 | 7.7 | 6.2 | 4.5 | 5.3 | 4.4 | 3.3 | 3.5 | 4.2 | 4.3 | |
Hours worked1013 |
17,776 | 179,427 | 16,637 | 15,106 | 17,165 | 15,275 | 14,997 | 15,344 | 13,478 | 13,981 | 12,353 | 12,404 | 10,371 | 7,472 | 8,592 | 7,274 | 5,570 | 5,393 | 6,856 | 7,565 | |
| Document | |||||||||||||||||||||
The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-07-2026 | 2026-00303401 | |
| 31-12-2024 | full format | 07-07-2025 | 2025-00236938 | |
| 31-12-2023 | full format | 05-07-2024 | 2024-00212984 | |
| 31-12-2022 | full format | 30-06-2023 | 2023-00179701 | |
| 31-12-2021 | full format | 21-06-2022 | 2022-20080389 | |
| 31-12-2020 | full format | 17-05-2021 | 2021-14600386 | |
| 31-12-2019 | full format | 26-06-2020 | 2020-22600423 | |
| 31-12-2018 | full format | 14-06-2019 | 2019-19100405 | |
| 31-12-2017 | full format | 26-06-2018 | 2018-23300457 | |
| 31-12-2016 | full format | 11-05-2017 | 2017-11800317 | |
| 31-12-2015 | full format | 26-05-2016 | 2016-13600523 | |
| 31-12-2014 | full format | 10-06-2015 | 2015-16100414 | |
| 31-12-2013 | full format | 08-05-2014 | 2014-12000185 | |
| 31-12-2012 | full format | 20-06-2013 | 2013-21100594 | |
| 31-12-2011 | full format | 01-06-2012 | 2012-14700566 | |
| 31-12-2010 | full format | 19-05-2011 | 2011-11900104 | |
| 31-12-2009 | full format | 31-05-2010 | 2010-13100178 | |
| 31-12-2008 | full format | 02-06-2009 | 2009-17400055 | |
| 31-12-2007 | full format | 13-05-2008 | 2008-13400399 | |
| 31-12-2006 | full format | 07-06-2007 | 2007-19900168 | |
| 31-12-2005 | full format | 09-05-2006 | 2006-13701888 | |
| 31-12-2004 | full format | 14-04-2005 | 2005-11604151 | |
| 31-12-2003 | full format | 18-05-2004 | 2004-15304165 | |
| 31-12-2002 | full format | 08-08-2003 | 2003-56600215 | |
| 31-12-2001 | full format | 17-09-2002 | 2002-56302973 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 185,277 | 392,326 | 377,764 | 122,440 | -72,878 | 166,947 | 351,161 | 216,675 | 143,580 | 224,941 | 76,527 | 139,062 | 189,542 | 50,388 | 55,215 | 62,490 | 87,969 | 58,394 | 7,673 | 21,374 | ||
| 186,176 | 327,950 | 370,366 | 123,788 | -64,297 | 155,487 | 273,135 | 194,499 | 161,271 | 135,994 | 39,269 | 92,499 | 141,320 | 49,024 | 50,457 | 55,237 | 70,177 | 47,973 | 6,874 | 18,502 | ||
| 69,765 | 159,323 | 131,600 | 353,730 | 95,551 | 84,169 | 9,698 | 16,061 | 1.3m | 104,079 | 0 | 0 | 41,009 | 33,434 | 22,299 | 68,032 | 112,539 | 4,393 | 26,103 | 24,147 | ||
| -57,545 | 106,736 | -10,947 | 45,681 | -116,508 | 153,572 | 54,967 | 17,457 | -79,333 | 98,139 | -16,823 | 963 | 596 | 12,753 | -6,155 | 12,383 | -5,065 | 16,947 | -2,045 | - | ||
| 146,939 | 206,109 | 133,735 | -38,039 | 164,103 | 263,171 | 271,653 | 98,891 | 49,271 | 313,100 | 259,259 | 243,826 | 178,432 | 95,065 | 71,009 | 81,474 | 66,118 | 32,355 | 25,728 | 23,757 | ||
| 31.4% | 25.8% | 23.9% | 20.7% | 21.6% | 31.9% | 30.9% | 26.1% | 27.2% | 33.1% | 34.7% | 25.0% | 25.2% | 12.3% | 20.6% | 17.3% | 18.8% | 17.5% | 20.8% | 27.0% | ||
| 1.16 | 1.15 | 1.09 | 0.96 | 1.16 | 1.32 | 1.29 | 1.12 | 1.09 | 1.47 | 1.58 | 1.38 | 1.41 | 1.15 | 1.22 | 1.20 | 1.21 | 1.14 | 1.16 | 1.15 | ||
| 1.12 | 1.13 | 1.03 | 0.84 | 1.14 | 1.19 | 1.28 | 1.11 | 1.03 | 1.24 | 1.45 | 1.36 | 1.39 | 1.14 | 1.21 | 0.96 | 1.05 | 0.95 | 1.13 | 1.09 | ||
| 2.18 | 2.87 | 3.18 | 3.82 | 3.63 | 2.13 | 2.23 | 2.83 | 2.68 | 2.02 | 1.88 | 3.00 | 2.97 | 7.11 | 3.79 | 4.71 | 4.25 | 4.68 | 3.75 | 2.70 | ||
| -3.0% | 21.7% | 30.7% | -3.5% | -36.6% | 7.1% | 25.0% | 16.2% | -7.8% | 28.0% | 9.2% | 25.8% | 50.0% | 0.8% | 2.0% | 6.9% | 37.7% | 60.4% | -53.8% | -31.6% | ||
| -1.0% | 5.6% | 7.3% | -0.7% | -7.9% | 2.3% | 7.7% | 4.2% | -2.1% | 9.3% | 3.2% | 6.5% | 12.6% | 0.1% | 0.4% | 1.2% | 7.1% | 10.6% | -11.2% | -8.6% | ||
| 7.43 | 17.88 | 20.79 | 7.63 | -6.54 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 11 | 12 | 13 | 9 | 11 |
| full-time | 11 | 12 | 13 | 9 | 11 |
| in full-time equivalents | 11 | 12 | 13 | 9 | 11 |
| 11 | 13.3 | 12.5 | 9.8 | 12.1 | |
| On a permanent contract | 9 | 12 | 11 | 6 | 9 |
| Joined | 5 | 4 | 15 | 6 | 7 |
| Left | 6 | 5 | 11 | 8 | 6 |
| Training hours | 426 | 2,584 | 146 | - | 653 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €692,013 | €824,700 | €752,509 | €829,348 | €782,650 |
| Mortgages, amount registered | €660,000 | €660,000 | €660,000 | €660,000 | €660,000 |
| Carrying value of the mortgaged assets | €726,888 | €775,590 | €871,428 | €863,428 | €827,233 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €69,765 | €159,323 | €131,600 | €353,730 | €95,551 |
| €205,638 | €180,403 | €166,045 | €139,501 | €105,205 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Insights on FROIRECA
The operating result for 2025 is a loss of €20,361, after a profit of €211,924 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total falls from 74.2% to 68.6%. Equity and debt are lower.