Equity
€96,686 ▲ 4.6%
Freedam has made a profit without a break since 2018.
Freedam
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €105,044 (2013)
€22,756▲ 99.3%
lowest -€123,728 (2015)
€4,234▲ 27×
peak €104,729 (2013)
€96,686▲ 4.6%
€65,837▼ 47.7%
peak 2 FTE (2013)
-not published
Board3 names since 2021
2 directorsSOUMOY Damien and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €11,419 to €22,756Result from €159 to €4,234Debts from €125,817 to €65,837Cash from €4,823 to €2,906
Key points
from the 2025 annual accountsChecked score
85
Excellent
Financially stronger than 46% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▼ -0.2 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.3%▼ -0.1 percentage points vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -0.6 percentage points vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.44, cash €2,906
Size: total assets €162,523
2 establishment units
lowers risk
Founded in 1998
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 66% of them on solvency, 30% on liquidity, 34% on profitability and 54% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as Freedam has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Freedam itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 17,041 companies, not a prediction for Freedam. 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 of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.44 (1.82 in 2024), above the usual 1.5. Short-term debt is 40.5% and cash 1.8% of total assets. 40.5% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 days late
2024
3 days early
2023
22 days late
2022
34 days early
2021
29 days late
2020
3 days early
2019
88 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464585359
Appointment: Niel Soumoy (director)
General meeting of 26-06-2023 · Gazette deed
New establishment in Blegny
Rue de Légipont 15
Registered office moved from Liège to Beyne-Heusay
New registered office: Vieille Voie de Bellaire 185 à 4610 Beyne-Heusay · Previous registered office: Avenue de Nancy, 10 à 4020 Liège · General meeting of 26-10-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Freedam Beyne-Heusay | €162,523 | €22,756 | 59.5% | - |
| LE JARDIN SECRET DE JILL Rendeux | €165,026 | €25,806 | 60.3% | - |
| BIAGRAL Villers-le-Bouillet | €233,988 | €31,046 | 88.4% | 1 |
| STOCAGI Quévy | €190,098 | €25,666 | 89.6% | - |
| ROBBERECHTS GUIDO Londerzeel | €251,291 | €27,462 | 85.8% | - |
| WALPEAUTRE Fexhe-le-Haut-Clocher | €116,667 | €32,054 | -7.7% | - |
| MOULIN ESSER Limbourg | €147,980 | €8,985 | 93.0% | - |
These companies have the same main activity as Freedam: wholesale of agricultural produce and animal feed, general range (NACE 46216). They are comparable in size and age: total assets between €117,000 and €251,000, founded between 1993 and 2004.
Official details
Source: KBO- Status
- Active since 13-11-1998Normal situation
- Activity
- Wholesale of agricultural produce and animal feed, general rangeNACE 46216and 1 other
- Joint committee
- 149.04Metal trade · annual accounts 2024
- Establishment units
- 2.089.602.3084610 Beyne-Heusay, since 15-12-1998
- 2.352.113.5074671 Blegny, since 15-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Insights on Freedam
Freedam files the micro format. That format states no turnover. The gross margin rose from €16,772 in 2006 to €22,756 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 Freedam
- What is the company number of Freedam?
- The company number of Freedam is 0464.585.359. The VAT number is the same number with BE in front: BE 0464.585.359.
- Where is Freedam based?
- The registered office is at Vieille voie de Bellaire 185, 4610 Beyne-Heusay.Company details
- What does Freedam do?
- According to the KBO register, the main activity is wholesale of agricultural produce and animal feed, general range (NACE 46216).
- What is the legal form of Freedam?
- Freedam is a private limited company (pre-2019) (BVBA).
- When was Freedam founded?
- Freedam was founded on 13-11-1998.
- Is Freedam still active?
- Yes, Freedam is an active enterprise in the KBO register.
- How many employees does Freedam have?
- Freedam had an average of 1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- Which joint committee does Freedam fall under?
- In its 2024 annual accounts, Freedam states joint committee 149.04 (Metal trade).
- What is the turnover of Freedam?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €22,756 and 211 comparable companies (NACE 46). It probably lies between €140,000 and €720,000. It is a rough estimate.
- Is Freedam profitable?
- In financial year 2025, Freedam made a profit of €4,234.
- Where can I find the annual accounts of Freedam?
- Freedam filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Freedam due?
- Freedam must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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