FREE SPIRITS

Active Risk: very low

General partnershipfounded 2016active for 10 yearsGeneraal Jacqueslaan 20, 1050 Elsene, Belgium14 active companies are registered at this addressKBO/BCE: BE 0651.637.684

Summary

FREE SPIRITS has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2016 annual accounts show equity of €44,091 and a net result of €44,091. The computed 12-month bankruptcy probability is 0.2% (very low).

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FREE SPIRITSActive

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Activity

Business and other management consultancy

NACE 70200

1 site

Size

€98,282total assets 2016

Equity: €44,091
Profit: €44,091

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 0.2%

2016 figures too old to score

Structure

2016 accounts filed 53 days late1 of 5 deeds summarised

Signalsraises riskFigures for financial year 2016 (filed 28-09-2017)Last filed accounts filed 53 days late; 1 of the last 3 late2016 accounts filed 53 days latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.56, cash €66,386Show the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2016 are too old to assess current financial health.

Financial strength, FY 2016

Strong

Solvency 70

equity 44.9% of total assets

Liquidity 72

short-term debt 55.1% · cash 67.5%

Profitability 100

return on assets 44.9%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,420 companies, NACE 70, micro)

Last 24 months 11-2024: 0.2%highest value 12-2024: 0.2%● unchanged vs 11-2024highest value 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: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value

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Signals

Five signals.

lowers riskraises risk

Figures for financial year 2016 (filed 28-09-2017)

NBB · annual accounts

Sector: Activities of head offices; management consultancy activities (NACE 70)

KBO

Liquidity: current ratio 1.56, cash €66,386

NBB · annual accounts

Last filed accounts filed 53 days late; 1 of the last 3 late

NBB · filings

2016 accounts filed 53 days late

The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 22-09-2017, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 1 filing

Deviation from the deadline

2016

53 days late

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

05-01-2024 Amendment of the articlesCapital · Reserve release ·…
22-09-2017 Annual accounts filedfinancial year 2016 · micro…

Key points

Active since 2016founded 06-04-2016 10 years View
Total assets 2016first financial year filed €98,282 View

By topic

Financials

Financial year: 2016
Total assets: €98,282
Profit: €44,091
Solvency: 44.9%

Go to Financials

Timeline

Events: 2
Since: 2017

Go to Timeline

Company details

Sites: 1

Legal form: General partnership
Activity: Business and other management consultancyNACE 70200
Founded: 06-04-2016
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 17

Annual meeting: Second Friday of June at 17:00
Purpose: “Les activités de consultance, recherche, management et conseils en matière de vente et…” (deed in French)

Go to Articles of association

Key facts about FREE SPIRITS

What is the company number of FREE SPIRITS?: 0651.637.684. In Belgium the VAT number is the company number with BE in front: BE 0651.637.684.
Where is FREE SPIRITS based?: The registered office is at Generaal Jacqueslaan 20, 1050 Elsene.Company details
What does FREE SPIRITS do?: According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of FREE SPIRITS?: General partnership (VOF).
When was FREE SPIRITS founded?: On 06-04-2016.
Is FREE SPIRITS still active?: Yes, FREE SPIRITS is an active enterprise in the KBO register.
What is the turnover of FREE SPIRITS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is FREE SPIRITS profitable?: In financial year 2016, FREE SPIRITS made a profit of €44,091.
Where can I find the annual accounts of FREE SPIRITS?: FREE SPIRITS filed 1 annual account with the National Bank of Belgium, for financial year 2016.