FROVIN
ActiveSummary
FROVIN has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €728,239 and a net result of €41,213. Equity shrank by about 3.9% per year on average since 2019. In 2025 it rose by 6%. Its solvency ranks better than 77% of 12,812 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 25-06-1999 Normal situation
- Activity
- Retail sale of newspapers and periodicals NACE 47621and 2 others
- Joint committee
- 201 Independent retail · annual accounts 30-09-2025
- Establishment units
- 2.091.757.785 2387 Baarle-Hertog, since 29-07-1999
- 2.254.336.517 2275 Lille, since 04-09-2016and 1 other
- Financial year end
- 30 September
- Peppol
- Reachable since 04-08-2025
Board and ownership
- Gianni DaemsManaging director
- Willemsens BjaneManaging director
- Willemsens LarissaDirector
- D&W Holding100%2025 annual accounts of D&W Holding
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €530,552
- ▲ 20.1%
- Turnover
- ≈ €3.6m
- estimated
- Profit
- €41,213
- ▲ 101%
- Equity
- €728,239
- ▲ 6.0%
- Total assets
- €1.1m
- ▲ 5.0%
- Employees on 30-09-2025
- 12
- ▲ 9.1%
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 2.65, cash €179,580Equity €728,239 (64.4% of total assets)Founded in 1999Show the evidence
Checked score
Fewer than 1 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 47, small). It does better than 84% of them on solvency, 71% on liquidity, 42% on profitability and 57% on growth.
The bankruptcy probability was computed on 04-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 3 directors appointed, 3 directors resigningChanges of role: Willemsens Bjane (managing director) and Daems Gianni (managing director) · Appointment: Willemsens Larissa (director) · Resignation: Willemsens Larissa (director)
- · Gazette deed 2 directors appointed, 2 directors resigningResignations: Peter Willemsens (director) and Sandra Van Ballaer (director) · Appointments: Gianni Daems (managing director) and Bjarne Willemsens (managing director) · Director discharge: Peter Willemsens
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as FROVIN: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €1m and €1.5m, founded between 1983 and 2004.
| Company | Total assets | Gross margin |
|---|---|---|
| FROVIN Baarle-Hertog | €1.1m | €0.5m |
| ARJI Hamme (Vl.) | €1.3m | €0.4m |
| BUROMAS Balen | €1.5m | €0.4m |
| COCKAERT BV Lier | €1.0m | €0.6m |
| Paard van Troje Ghent | €1.0m | €0.6m |
| NELL Leuven | €1.0m | €0.5m |
| De Sonville Graphics Evergem | €1.0m | €0.4m |
Key facts about FROVIN
- What is the company number of FROVIN?
- The company number of FROVIN is 0466.359.865. The VAT number is the same number with BE in front: BE 0466.359.865.
- Where is FROVIN based?
- The registered office is at Molenstraat 12, 2387 Baarle-Hertog.Company details
- What does FROVIN do?
- According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
- What is the legal form of FROVIN?
- FROVIN is a public limited company (NV).
- When was FROVIN founded?
- FROVIN was founded on 25-06-1999.
- Is FROVIN still active?
- Yes, FROVIN is an active enterprise in the KBO register.
- How many employees does FROVIN have?
- FROVIN had an average of 10.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does FROVIN fall under?
- In its 30-09-2025 annual accounts, FROVIN states joint committee 201 (Independent retail).
- What is the turnover of FROVIN?
- The turnover in financial year 2025 is ≈ €3.6m. This figure is estimated from the gross margin of €530,552 and 218 comparable companies (NACE 47). It probably lies between €2.0m and €5.6m.
- Is FROVIN profitable?
- In financial year 2025, FROVIN made a profit of €41,213.
- Where can I find the annual accounts of FROVIN?
- FROVIN filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FROVIN due?
- FROVIN must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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