G Froid
ActiveSummary
G Froid has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-920. Equity is shrinking by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-14
Solvency23▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 1.0 against 0.78 in 2024; short-term debt: 69.3% and cash: 4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-2.4%
Return on assets
-1.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
34 d late
2024
25 d late
2023
49 d late
2022
70 d late
2021
142 d late
2020
66 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-2k▼ 108%
2024 · €-850
2019: €8k
2020: €-5k
2021: €5k
2022: €5k
2023: €-9k
2024: €-850
2019 → 2025
Total assets
€73k▼ 24.7%
2024 · €97k
2019: €28k
2020: €3k
2021: €81k
2022: €123k
2023: €74k
2024: €97k
2019 → 2025
Net result
€-920
2024 · €9k
2019: €-6k
2020: €-14k
2021: €10k
2022: €-72
2023: €-14k
2024: €9k
2019 → 2025
Working capital
€-31▲ 99.8%
2024 · €-17k
2019: €6k
2020: €-5k
2021: €-47k
2022: €-42k
2023: €-32k
2024: €-17k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€5k▼ 1.5%€-9k€-850▲ 91.0%€-2k▼ 108%
Operating result€12k-€3k▼ 77.0%€-12k€12k€3k▼ 74.7%
Net result€10k-€-72€-14k▼ 19,523%€9k€-920
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€22k ▼ 40.7%
Current assets
€51k ▼ 14.4%
Key figures and ratios
EBITDA
€18k▼
2024 · €27k
Cash flow
€14k▼
2024 · €24k
Solvency
-2.4%▼
2024 · -0.9%
Current ratio
1.00▲
2024 · 0.78
Quick ratio
0.96▲
2024 · 0.73
Debt to equity
-42.24
ROA
-1.3%▼
2024 · 8.9%
Interest coverage
5.88▼
2024 · 13.28
Debt
€75k▼
2024 · €98k
Debt ≤ 1 year
€51k▼
2024 · €76k
Debt > 1 year
€24k▲
2024 · €21k
Income taxes
€941▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€97k€73k▼
Fixed assets21/28€38k€22k▼
Intangible fixed assets21€8k€2k▼
Tangible fixed assets22/27€29k€20k▼
Plant, machinery and equipment23€133-
Furniture and vehicles24€29k€20k▼
Financial fixed assets28€190€190=
Current assets29/58€59k€51k▼
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€48k€46k▼
Trade receivables40€26k€20k▼
Other amounts receivable41€21k€26k▲
Cash at bank and in hand54/58€7k€3k▼
Deferred charges and accrued income490/1€651-
Equity and liabilities
Total equity and liabilities10/49€97k€73k▼
Equity10/15€-850€-2k▼
Contributions10/11€9k€9k=
Reserves13€10k€10k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-20k€-21k▼
Amounts payable17/49€98k€75k▼
Amounts payable after more than one year17€21k€24k▲
Financial debts170/4€21k€24k▲
Amounts payable within one year42/48€76k€51k▼
Current portion of amounts payable after more than one year42€12k€11k▼
Trade debts44€59k€28k▼
Suppliers440/4€59k€28k▼
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Accrued charges and deferred income492/3€120-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€29k€20k▼
Operating profit (loss)9901€12k€3k▼
Financial income75/76B€50-
Recurring financial income75€50-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€10k€21▼
Income taxes67/77€2k€941▼
Profit (loss) for the period9904€9k€-920▼
Profit (loss) for the period to be appropriated9905€9k€-920▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-21k▼
Profit (loss) brought forward from the previous period14P€-20k€-20k▲
Transfer to equity691/2€9k-
To other reserves6921€9k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 34 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 142 days late
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jalhay · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Jean Nicolas Hansoulle(SART) 2444845 JalhayGround area
327 m²
Building footprint
149 m²
Volume, LiDAR
958 m³
Parcel 63068B0619/00A000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G Froid
since 20172.262.674.359
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068B0619/00A000 | Wallonia | 326 m² | 1 · 149 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ECOLD REFRIGERATION
BE 0782.786.436
Asse · Eq €5,000
SintenergieS
BE 1021.054.266
Namur · Eq €5,000
JEY & CO
BE 0793.622.128
Rixensart · Eq €7,722
YB Koeling
BE 1022.193.720
Beveren-Kruibeke-Zwijndrecht · Eq €8,395
Cold-Tech
BE 0783.972.707
Balen · Eq €2,519
Of 462 companies in sector 28250 we hold annual accounts for 285. 39 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
28250Manufacture of machinery and equipment not elsewhere classified
43990Other specialised construction activities
46471Wholesale trade
47551Retail sale of household furniture
74112Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:gardin.electricite@gmail.com
Phone:0497/907282