Free Concept
ActiveFree Concept has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €315k and a net result of €-48k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 89% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 8.95 against 24.31 in 2024), and 9.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€48k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-03-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
49 d early
2023
42 d early
2022
30 d early
2021
31 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€315k▼ 13.1%
2024 · €363k
2018: €106k
2019: €67k
2020: €50k
2021: €240k
2022: €275k
2023: €393k
2024: €363k
2018 → 2025
Total assets
€348k▼ 10.3%
2024 · €387k
2018: €355k
2019: €329k
2020: €327k
2021: €325k
2022: €393k
2023: €543k
2024: €387k
2018 → 2025
Net result
€-48k▼ 55.8%
2024 · €-31k
2018: €-41k
2019: €-39k
2020: €-17k
2021: €190k
2022: €35k
2023: €119k
2024: €-31k
2018 → 2025
Working capital
€231k▼ 18.3%
2024 · €282k
2018: €184k
2019: €160k
2020: €152k
2021: €134k
2022: €175k
2023: €300k
2024: €282k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€240k-€275k▲ 14.5%€393k▲ 43.3%€363k▼ 7.8%€315k▼ 13.1%
Operating result€196k-€52k▼ 73.3%€188k▲ 260%€-37k€-51k▼ 38.8%
Net result€190k-€35k▼ 81.7%€119k▲ 242%€-31k€-48k▼ 55.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €51k in 2025 against €37k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €348k
Fixed assets
€88k▼ 5.3%
Current assets
€260k▼ 11.9%
Equity and liabilities €348k
Equity
€315k▼ 13.1%
Debt
€32k▲ 31.9%
The debt ratio rises from 6.3% to 9.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-46k▼
2024 · €-30k
Cash flow
€-42k▼
2024 · €-23k
Solvency
90.7%▼
2024 · 93.7%
Current ratio
8.95▼
2024 · 24.31
Quick ratio
8.95▼
2024 · 24.31
Debt / equity
0.10▲
2024 · 0.07
ROE
-15.1%▼
2024 · -8.4%
ROA
-13.7%▼
2024 · -7.9%
Interest coverage
-29.68▲
2024 · -53.34
Debt
€32k▲
2024 · €25k
Debt ≤ 1 year
€29k▲
2024 · €12k
Income taxes
€312▲
2024 · €-306
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€387k€348k▼
Fixed assets21/28€93k€88k▼
Tangible fixed assets22/27€93k€88k▼
Land and buildings22€92k€87k▼
Furniture and vehicles24€256€599▲
Other tangible fixed assets26€385-
Current assets29/58€295k€260k▼
Amounts receivable within one year40/41€936€591▼
Other amounts receivable41€936€591▼
Current investments50/53€290k€250k▼
Cash at bank and in hand54/58€2k€8k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€387k€348k▼
Equity10/15€363k€315k▼
Contributions10/11€240k€240k=
Capital10€240k€240k=
Issued capital100€240k€240k=
Reserves13€169k€169k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€142k€142k=
Profit (loss) carried forward14€-47k€-94k▼
Amounts payable17/49€25k€32k▲
Amounts payable within one year42/48€12k€29k▲
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€295€312▲
Taxes450/3€295€312▲
Other amounts payable47/48€7k€24k▲
Accrued charges and deferred income492/3€12k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€-27k€-43k▼
Operating profit (loss)9901€-37k€-51k▼
Financial income75/76B€7k€5k▼
Recurring financial income75€7k€5k▼
Financial charges65/66B€555€2k▲
Recurring financial charges65€555€2k▲
Profit (loss) for the period before taxes9903€-31k€-47k▼
Income taxes67/77€-306€312▲
Profit (loss) for the period9904€-31k€-48k▼
Profit (loss) for the period to be appropriated9905€-31k€-48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-94k▼
Profit (loss) brought forward from the previous period14P€-16k€-47k▼
The notes to these accounts (4 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
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series.
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity times 8current ratio 24.31
Current ratio from 3.10 to 24.31; short-term debt falls from €143k to €12k.
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €190k
Net result €190k after 3 loss-making years.
30-09
Financial
Equity above €200kEq €240k ▲383%
Equity rises from €50k to €240k.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Chaumont-Gistoux · 1 establishment unit since 2006
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.
Rue du Sartau,Dion-V. 361325 Chaumont-GistouxGround area
3,055 m²
Building footprint
314 m²
Volume, LiDAR
1,745 m³
2 parcels, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FREE CONCEPT
since 20062.156.071.359
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25026A0098/00S002 | Wallonia | 1,999 m² | 1 · 160 m² | 6.9 m · 2 fl. |
| 25037D0010/02A003 | Wallonia | 1,056 m² | 1 · 154 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MANCEL
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 37,711 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-06-2006
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68121Development of residential building projects
46500Wholesale of information and communication equipment
46660Wholesale trade
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:010/845846