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De Vrijdomskaai

Active
Public limited companyfounded 1938active for 88 yearsBischoffsheimlaan 33, 1000 Brussel, Belgium60 active companies are registered at this addressKBO/BCE: BE 0405.390.912
Summary

De Vrijdomskaai has been active since 1938 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164,365 and a net result of -€95,479. Equity is shrinking by about 42% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 14% of 5,684 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
7th oldest company in Brussels, Real estate sector1 site
Size
€5,905turnover 2025
Equity
€164,365
Loss
-€95,479
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
PATRONALE REAL ESTATE · 100%
Auditor: BV PwC BedrijfsrevisorenAccounts on time2 of 13 deeds read
Why 92raises riskLiquidity: current ratio 2.92, cash €89,517Equity €164,365 (1.3% of total assets)lowers riskSize: turnover €5,905, total assets €12.5mFounded in 1938Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 35% of its sector peers (NACE 68, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 26-1
equity 1.3% of total assets
Liquidity 51=
short-term debt 1.2% · cash 0.7%
Profitability 12=
return on assets -0.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,717 companies, NACE 68, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.92, compared with 3.59 in 2024, above the usual 1.5; short-term debt: 1.2% and cash: 0.7% of total assets), but 98.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, medium-sized): better than 17% on solvency, 65% on liquidity, 5% on profitability and 53% on growth.

The bankruptcy probability was computed on 14-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €5,905, total assets €12.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.92, cash €89,517
NBB · annual accounts
raises risk · Equity €164,365 (1.3% of total assets)
NBB · annual accounts
lowers risk · Founded in 1938
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€95,479
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 5684 sector peers (2025).
NBB · sector comparison
Position among 5684 sector peers
Solvency
better than 14%
← weakest strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
15 days early
2023
33 days early
2022
7 days late
2021
341 days late
2020
227 days late
2019
592 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 160 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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 31 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: EY Bedrijfsrevisoren BV (statutory auditor)Appointment: PwC Bedrijfsrevisoren BV (statutory…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2025 -€95,479 View
  • Caution: Among the weakest 15% on solvencysector median 38.5% · 5,684 companies 1.3% View
  • Controlled by PATRONALE REAL ESTATEultimately: PATRONALE LIFE 100% View
  • Caution: Equity fell in 2025from €259,843 to €164,365 ▼ 36.7% View
  • Active since 1938founded 01-01-1938 88 years View

By topic

Financials

Financial year
2025
Turnover
€5,905
Loss
-€95,479
Solvency
1.3%
Turnover▲ 227%
Net result
20182025
Go to Financials

Timeline

Events
53
Since
1978
Next accounts
by 31-07-2027
  1. 13-06-2025Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
  2. 28-06-2024Annual accounts filed
  3. 07-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
01-01-1938
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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