Turnover
≈ €2,300 estimated
The micro format states no turnover.
FREECONCEPT
Lifetime
14 annual accounts with figures on one time axispeak €14,717 (2016)
€443▲ €519
lowest -€8,289 (2012)
€329▲ €452
peak €15,273 (2016)
€7,338▲ 4.7%
€1,187▲ 7.2%
Board1 name since 2019
-
Documentsfilings and deeds
04-08-20264 days late
2025micro format
Gross margin from -€76 to €443Back to profit: €329Cash from €115 to €525
Key points
from the 2025 annual accountsFilings
14 annual accounts since 2012
Five of the last ten came late. The 2020 accounts came latest: 44 days after the end of the period.
Position in the sector
€7,338
Less equity than 80% of companies in computing infrastructure and information services. Sector median €60,623 · 2,302 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as FREECONCEPT has now. Each dot stands for 28 companies, two years later.
95.1%
were still trading
4.0%
stopped another way
0.7%
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 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 10,904 companies, not a prediction for FREECONCEPT. 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
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Signals
Recent changes
Registered office moved from Louvain-la-Neuve to La Louvière
New registered office: rue des Croix du Feu, 1 bte 6 à 7100 La Louvière · Previous registered office: Rue du Rondia 23 1348 Louvain-la-Neuve · General meeting of 18-12-2018 · Gazette deed
First establishment
Le Réseau Immobilier de Belgique/ Réseau RIBE / Freeconcept parapente/paramoteur, Rue du Rondia 23, Ottignies-Louvain-la-Neuve
Incorporation
published on 14-06-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FREECONCEPT La Louvière | €8,525 | €443 | 86.1% | - |
| Mans & Zonen Kapellen | €6,586 | -€66 | -266.1% | - |
| IGEKO GRAPHICS COMMUNICATION Gerpinnes | €12,142 | -€3,900 | -62.0% | - |
| Centipede Leuven | €17,356 | -€1,622 | -38.1% | - |
| Pulsa Studio by HCLO3 La Bruyère | €14,404 | -€8,512 | -654.4% | - |
| CHARLIN Mons | €11,256 | €3,818 | 56.4% | - |
| UBITEK Namur | €20,779 | €1,052 | 20.8% | - |
These companies have the same main activity as FREECONCEPT: web portal activities (NACE 63910). They are comparable in size and age: total assets between €6,590 and €20,800, founded between 2008 and 2015.
Official details
Source: KBO- Status
- Active since 09-06-2011Normal situation
- Activity
- Web portal activitiesNACE 63910and 2 others
- Establishment unit
- 2.199.544.1851348 Ottignies-Louvain-la-Neuve, since 01-07-2011
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on FREECONCEPT
FREECONCEPT files the micro format. That format states no turnover. The gross margin rose from -€5,859 in 2012 to €443 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 FREECONCEPT
- What is the company number of FREECONCEPT?
- The company number of FREECONCEPT is 0836.872.547. The VAT number is the same number with BE in front: BE 0836.872.547.
- Where is FREECONCEPT based?
- The registered office is at Rue des Croix du Feu (L.L) 1, 7100 La Louvière.Company details
- What does FREECONCEPT do?
- According to the KBO register, the main activity is web portal activities (NACE 63910).
- What is the legal form of FREECONCEPT?
- FREECONCEPT is a private limited company (pre-2019) (BVBA).
- When was FREECONCEPT founded?
- FREECONCEPT was founded on 09-06-2011.
- Is FREECONCEPT still active?
- Yes, FREECONCEPT is an active enterprise in the KBO register.
- What is the turnover of FREECONCEPT?
- The turnover in financial year 2025 is ≈ €2,300. This figure is estimated from the gross margin of €443 and 30 comparable companies (NACE 63). It probably lies between €840 and €6,100. It is a rough estimate. In financial year 2020 turnover was €295.Financials
- Is FREECONCEPT profitable?
- In financial year 2025, FREECONCEPT made a profit of €329.
- Where can I find the annual accounts of FREECONCEPT?
- FREECONCEPT filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FREECONCEPT due?
- FREECONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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