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FRO

Active Risk: not assessed Public limited companyfounded 2005active for 21 yearsGistelsteenweg 321, 8490 JabbekeKBO/BCE: BE 0874.186.269 subsidiary of DE ACTO#1 company by total assets in Jabbeke, Finance and insurance sector
Part of the group MASC-INVEST 75 companies in 6 countries
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Lifetime

19 annual accounts with figures on one time axis
peak €2.2m (2017)
-not published
lowest -€3,796 (2014)
€14.0m▲ 43.0%
peak €22.0m (2025)
€22.0m▲ 34.6%
€26.5m▼ 6.1%
peak 1.7 FTE (2007)
-not published
Board10 names since 2021
5 directorsACTIMO CONSULTING and 4 others
Owners7 names in the annual accountsall names
Documentsfilings and deeds
02-07-202629 days before the deadline
2025financial year
Turnover from €5.6m to €6.3mResult from €9.8m to €14.0mDividend €7.1mEquity from €16.3m to €22.0mCash from €302,470 to €4.3m

Key points

from the 2025 annual accounts

Equity

€22.0m ▲ 34.6%

FRO has made a profit without a break since 2017.

Payment terms

15 days to suppliers
Suppliers
119 to 15
Customers
249 to 7

FRO pays its suppliers 104 days earlier than in 2024. Customers pay 242 days earlier.

Filings

19 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 14 to 29 days before the end of the period.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal, which does not raise the risk
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
28 days early
2023
20 days early
2022
14 days early
2021
17 days early
2020
19 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AC
Director, Christophe CATTEAU
FF
Director, Thomas DE DUYTSCHE
P
Director, Philippe CATTEAU
DA
Director, Koen PERDU

Shares in 10 companies, including ACTUM BUILDING SERVICE and ACTUM SERVICES

Board & ownership

Recent changes

5 directors reappointed Permanent representatives: Christophe CATTEAU, Philippe CATTEAU, Thomas DE DUYTSCHE and Koen PERDU · Actimo Consulting BV, Pces VOF, Falcon Fund Management NV, De Acto BV and Ellen VAN CAUWENBERGE · General meeting of 30-06-2026 · Gazette deed
New establishment in Poperinge Vlaanderenlaan 33
Registered in the Peppol Directory Reachable for e-invoices through 0208:0874186269
1 director appointed, 1 resignation Resignation: STRATINVEST · Permanent representative: Joost VAN CAUWENBERGE · Appointment: Ellen VAN CAUWENBERGE · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
FRO Jabbeke €6.3m 36.4% 45.3% -
HOLDING DM Brussels €6.0m 5.5% 98.9% 24
GOEYENS FINANCES Fontaine-l'Evêque €6.5m 21.2% 39.0% 16
FABACO Ypres €4.9m 54.5% 79.6% 7.9
BRAND MACHINE Menen €6.1m 89.1% 98.7% 4.3
BOSSUYT INVEST INTERNATIONAL Waregem €6.7m 2.6% 90.9% 41.6
ACASA GROUP Sint-Martens-Latem €5.4m -2.9% 47.1% 10.4
-10%0%10%20%€5m€50m€500mFROEBIT margin

Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as FRO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €30m and €50m, founded between 2000 and 2011.

Official details

Source: KBO
Status
Active since 01-06-2005Normal situation
Registered office
13 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
Activity
Activities of holding companiesNACE 64210and 1 other
Establishment units
2.150.253.7358490 Jabbeke, since 01-06-2005
2.388.826.2258970 Poperinge, since 02-03-2026
Financial year end
31 December
Peppol
Reachable since 24-10-2025
Company details

Annual accounts 2025

€48.5m▲ 8.8%
Filing
Filed on 02-07-2026, 29 days before the end of the filing period
Financials

Companies linked to FRO

Insights on FRO

FRO has existed since 2005. The gross margin fell from €2.2m in 2017 to €734,496 in 2018.

Solvency rose in 2025 from 36.6% to 45.3%.

DE ACTO holds 99% of the shares.

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 FRO

What is the company number of FRO?
The company number of FRO is 0874.186.269. The VAT number is the same number with BE in front: BE 0874.186.269.
Where is FRO based?
The registered office is at Gistelsteenweg 321, 8490 Jabbeke.Company details
What does FRO do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of FRO?
FRO is a public limited company (NV).
When was FRO founded?
FRO was founded on 01-06-2005.
Is FRO still active?
Yes, FRO is an active enterprise in the KBO register.
What is the turnover of FRO?
The turnover of FRO was €6.3m in financial year 2025, according to the filed annual accounts.Financials
Is FRO profitable?
In financial year 2025, FRO made a profit of €14.0m.
Where can I find the annual accounts of FRO?
FRO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FRO due?
FRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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