Turnover
≈ €130,000 estimated
The micro format states no turnover.
FREA
Lifetime
3 annual accounts with figures on one time axispeak €61,084 (2025)
€61,084▲ 22.1%
lowest -€3,599 (2023)
€42,583▲ 22.6%
peak €76,716 (2025)
€76,716▲ 125%
€110,078▲ 7.9%
Board1 name since 2023
1 director
Documentsfilings and deeds
11-08-202611 days late
2025micro format
Gross margin from €50,039 to €61,084Equity from €34,133 to €76,716Investments €17,564Cash from €54,461 to €85,355
Key points
from the 2025 annual accountsInvestments
€17,564 4.2 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 20.0% higher than in 2024.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 19 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as FREA has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,326 companies, not a prediction for FREA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797679203
Incorporation
Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 30-01-2023 · Gazette deed
First establishment
Koning Boudewijnlaan 64, Genk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FREA Genk | €186,794 | €61,084 | 41.1% | - |
| Skylark Hasselt | €188,231 | €59,562 | 64.8% | - |
| Misube Hasselt | €173,007 | €62,114 | 85.3% | - |
| LINEA NORTE Hasselt | €200,305 | €62,167 | 80.7% | - |
| Isabelle Willems Lummen | €172,376 | €60,452 | 91.0% | - |
| Robb Invest Lommel | €192,834 | €59,459 | 78.8% | - |
| JSMV Peer | €159,410 | €55,427 | 61.1% | - |
These companies have the same main activity as FREA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €159,000 and €200,000, founded in 2022.
Official details
Source: KBO- Status
- Active since 26-01-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.341.315.8233600 Genk, since 26-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-07-2025
Insights on FREA
FREA files the micro format. That format states no turnover. The gross margin rose from €2,576 in 2023 to €61,084 in 2025.
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 FREA
- What is the company number of FREA?
- The company number of FREA is 0797.679.203. The VAT number is the same number with BE in front: BE 0797.679.203.
- Where is FREA based?
- The registered office is at Koning Boudewijnlaan 64, 3600 Genk.Company details
- What does FREA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of FREA?
- FREA is a private limited company (BV).
- When was FREA founded?
- FREA was founded on 26-01-2023.
- Is FREA still active?
- Yes, FREA is an active enterprise in the KBO register.
- What is the turnover of FREA?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €61,084 and 120 comparable companies (NACE 70200). It probably lies between €94,000 and €160,000.Financials
- Is FREA profitable?
- In financial year 2025, FREA made a profit of €42,583.
- Where can I find the annual accounts of FREA?
- FREA filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FREA due?
- FREA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.