FREBE-YA
ActiveFREBE-YA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €61k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 1286 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency3▼-30
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.33 in 2024), and 97.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.4%
Return on assets
7.6%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
9 d early
2023
30 d late
2022
4 d early
2021
29 d late
2020
31 d late
2019
48 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k
2024 · €-42k
2018: €12k
2019: €-23k
2020: €-53k
2021: €585
2022: €15k
2023: €-27k
2024: €-42k
2018 → 2025
Total assets
€807k▲ 9.9%
2024 · €734k
2018: €853k
2019: €890k
2020: €859k
2021: €949k
2022: €920k
2023: €821k
2024: €734k
2018 → 2025
Net result
€61k
2024 · €-15k
2018: €-39k
2019: €-34k
2020: €-31k
2021: €54k
2022: €14k
2023: €-41k
2024: €-15k
2018 → 2025
Working capital
€-63k▲ 39.6%
2024 · €-104k
2018: €-79k
2019: €-88k
2020: €-106k
2021: €60k
2022: €16k
2023: €-33k
2024: €-104k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€585-€15k▲ 2,393%€-27k€-42k▼ 57.2%€19k
Operating result€70k-€28k▼ 60.2%€-24k€4k€78k▲ 2,026%
Net result€54k-€14k▼ 74.1%€-41k€-15k▲ 63.0%€61k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2,026% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €807k
Fixed assets
€725k▲ 6.1%
Current assets
€82k▲ 60.0%
Equity and liabilities €807k
Equity
€19k
Debt
€788k
Debt finances 97.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€154k▲
2024 · €95k
Cash flow
€138k▲
2024 · €77k
Solvency
2.4%▲
2024 · -5.7%
Current ratio
0.56▲
2024 · 0.33
Quick ratio
0.56▲
2024 · 0.33
Debt / equity
40.88▲
2024 · -18.55
ROE
317.1%▲
2024 · 36.4%
ROA
7.6%▲
2024 · -2.1%
Interest coverage
9.17▲
2024 · 4.99
Debt
€788k▲
2024 · €776k
Debt ≤ 1 year
€145k▼
2024 · €155k
Debt > 1 year
€643k▲
2024 · €620k
Income taxes
€9
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€734k€807k▲
Fixed assets21/28€683k€725k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€683k€725k▲
Land and buildings22€632k€593k▼
Plant, machinery and equipment23€30k€41k▲
Furniture and vehicles24€21k€21k▲
Leasing and similar rights25-€70k
Financial fixed assets28-€165
Current assets29/58€51k€82k▲
Amounts receivable within one year40/41€49k€55k▲
Trade receivables40€49k€37k▼
Other amounts receivable41€0€18k▲
Cash at bank and in hand54/58€2k€25k▲
Deferred charges and accrued income490/1€39€2k▲
Equity and liabilities
Total equity and liabilities10/49€734k€807k▲
Equity10/15€-42k€19k▲
Contributions10/11€20k€20k=
Reserves13€31k€31k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€17k€17k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-93k€-31k▲
Amounts payable17/49€776k€788k▲
Amounts payable after more than one year17€620k€643k▲
Financial debts170/4€620k€643k▲
Amounts payable within one year42/48€155k€145k▼
Current portion of amounts payable after more than one year42€54k€63k▲
Financial debts43€2k€0▼
Credit institutions430/8€2k€0▼
Trade debts44€39k€34k▼
Suppliers440/4€39k€34k▼
Taxes, remuneration and social security45€21k€9k▼
Taxes450/3€21k€4k▼
Remuneration and social security454/9-€5k
Other amounts payable47/48€40k€39k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€77k▼
Other operating charges640/8€9k€44k▲
Gross operating margin9900€104k€199k▲
Operating profit (loss)9901€4k€78k▲
Financial income75/76B€260€165▼
Recurring financial income75€260€165▼
Financial charges65/66B€19k€17k▼
Recurring financial charges65€19k€17k▼
Profit (loss) for the period before taxes9903€-15k€61k▲
Income taxes67/77-€9
Profit (loss) for the period9904€-15k€61k▲
Profit (loss) for the period to be appropriated9905€-15k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-93k€-31k▲
Profit (loss) brought forward from the previous period14P€-77k€-93k▼
The notes to these accounts (15 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €61k
Net result €61k after 2 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-41k ▼394%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €54k
Net result €54k after 3 loss-making years.
31-12
Financial
Liquidity times 11current ratio 1.79
Current ratio from 0.16 to 1.79; short-term debt falls from €127k to €76k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aalter · 1 establishment unit since 2004
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.
Knokkebaan 1469910 AalterGround area
2,131 m²
Building footprint
435 m²
Volume, LiDAR
3,622 m³
Parcel 44029B0001/00K000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hotel Eikenhof
since 20042.137.692.829
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029B0001/00K000 | Flanders | 2,131 m² | 1 · 435 m² | 11.4 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 4,144 EUR awarded · 4,144 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 2 | 2,144 EUR | 2,144 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalter2.137.692.829
Similar companies · same sector, comparable size
HOTEL DENYS
BE 0427.827.111
Knokke-Heist · Eq €19k
Société hôtelière et immobilière bruxelloise
BE 0407.012.097
Brussel · Eq €19k
GOOD HILL
BE 0684.545.430
Wavre · Eq €20k
BHUSAL
BE 0556.835.923
Gent · Eq €19k
DESSELSHOF GS
BE 0879.347.956
Dessel · Eq €20k
Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 660 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-2004
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
55101Hotels
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.