Frictionless Trade Services SRL
6.3 FTEFrictionless Trade Services reported revenue of €2.57m for the 2023 financial year (annual accounts filed with the NBB on 27 Jul 2026), with 6.3 full-time equivalents.
By total assets for 2023, Frictionless Trade Services ranks among the 200 largest of the 1,060 companies in its sector (NACE 5225) in Belgium that filed accounts for that financial year. Largest companies in the sector →
The score of Frictionless Trade Services shows with a free account.
See the score- Summary? / 5
- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
Visible once signed in: create your account, the 14-day Pro trial is free.
Key figures 2023
Change 2021 → 2023: Revenue 0 % Equity +164 % Total assets +99 % Headcount (avg FTE) -32 %
Accounts of the company itself (not consolidated).
The full file covers 3 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Frictionless Trade Services's annual accounts
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Revenue | €2.57m | ||
| Net result | 28,309 € | ||
| Equity | 278,382 € | ||
| Cash | 577,384 € | ||
| EBITDA | 150,739 € | ||
| Total assets | €6.61m |
Filed annual accounts
- Year ended 31 Dec 2023filed on 27 Jul 2026
- Year ended 31 Dec 2022filed on 01 Jul 2025
- Year ended 31 Dec 2021filed on 23 Jan 2025
Frictionless Trade Services's financial analysis
- Solvency4.2%sector median: 42.4%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Frictionless Trade Services
Frictionless Trade Services's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0751.890.946
- VAT number
- BE0751890946
- Peppol
- Registered · 0208:0751890946 · as of 10 Nov 2026
- Legal form
- SRL
- Incorporated
- 07 Aug 2020
- Registered office
- 8400 Ostend
- Size
- Micro · 6.3 FTE
- Latest accounts
- 2023 · filed on 27 Jul 2026
- Activity
- Logistics service activities (NACE 52250)
Frictionless Trade Services (SRL) has been based in Ostend since 2020, active in: logistics service activities. For 2023, it reports revenue of €2.57m, a net profit of 28,309 € and equity of 278,382 €. With 6.3 full-time equivalents, it is a micro-enterprise by headcount. Its solvency stands at 4.2%, below the median of its sector (42.4%).
Guide: Reading Belgian SME accounts: the five figures that count →
Companies similar to Frictionless Trade Services
Companies in the same business, of comparable size and area, outside its group.
- Reibel Logistics service activities Machelen (Brab.) · balance sheet €6.77m
- CJ ICM Logistics Belgium Logistics service activities Antwerp · balance sheet €6.80m
- Solam Logistics service activities Schaerbeek · balance sheet €6.80m
- Deny Cargo Logistics service activities Machelen (Brab.) · balance sheet €6.41m
- TST Belgium Logistics service activities Antwerp · balance sheet €6.87m
- Boschmans Steinacher Logistics service activities Antwerp · balance sheet €6.35m
- Action Air Freight Logistics service activities Brussels · balance sheet €6.35m
- Fast Customs Logistics service activities Antwerp · balance sheet €6.32m
Frequently asked questions about Frictionless Trade Services
What is the revenue of Frictionless Trade Services?
According to the 2023 annual accounts filed with the NBB, the revenue of Frictionless Trade Services amounts to 2,572,543 €.
What is the VAT number of Frictionless Trade Services?
In Belgium, the VAT number is the company number prefixed with BE: BE0751890946 for Frictionless Trade Services, if the company is VAT-registered. Its company number (CBE) is 0751.890.946.
Where is the registered office of Frictionless Trade Services?
According to the CBE register, the registered office of Frictionless Trade Services is in 8400 Ostend.
What is the equity of Frictionless Trade Services?
At the close of the 2023 financial year, the equity of Frictionless Trade Services amounts to 278,382 €, a solvency of 4.2% of total assets.
How many people work at Frictionless Trade Services?
6.3 full-time equivalents on average according to the 2023 social balance sheet.
Who manages Frictionless Trade Services?
The register lists 2 active mandates at Frictionless Trade Services. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
How large is Frictionless Trade Services within its sector?
By total assets for 2023, Frictionless Trade Services ranks among the 200 largest of the 1,060 companies in its sector (NACE 5225) in Belgium that filed accounts for that financial year.
The full file of Frictionless Trade Services
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →