FREEDOM TEX

Active

Private limited company (pre-2019)founded 201412 yrs activeHubert Blauwetstraat 51, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0556.654.987

The computed 12-month bankruptcy probability of FREEDOM TEX is 1.8% (moderate). The 2025 annual accounts show equity of €32k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 18120 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

48 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability56▼-19

Solvency50▲+6

Growth78▲+20

Track record100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity tight (current ratio 1.28 against 1.19 in 2024; short-term debt: 75.4% and cash: 9.9% of total assets), and 75.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

24.6%

Return on assets

7.5%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €32k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

18 d early

2024

62 d late

2023

6 d early

2022

4 d early

2021

9 d early

2020

13 d early

2019

4 d early

← before the deadline after the deadline →

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 months

Position in the running window

19-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

€167k

EBIT margin

1.0%

Net result

€10k▼ 43.9%

2024 · €17k

2018: €4k 2019: €29k 2020: €4k 2021: €-162 2022: €-39k 2023: €-20k 2024: €17k

2018 → 2025

Working capital

€27k▲ 54.4%

2024 · €18k

2018: €24k 2019: €58k 2020: €63k 2021: €66k 2022: €31k 2023: €6k 2024: €18k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€167k-

Equity€63k-€25k▼ 61.0%€5k▼ 80.0%€22k▲ 345%€32k▲ 43.5%

Operating result€2k-€-34k€-13k▲ 62.4%€18k€10k▼ 45.3%

Net result€-162-€-39k▼ 23,771%€-20k▲ 48.8%€17k€10k▼ 43.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 45% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €128k

96.6%

Fixed assets €4k=

Current assets €124k▲ 13.8%

Equity and liabilities €128k

24.6%

75.4%

Equity €32k▲ 43.5%

Debt €97k▲ 6.0%

The debt ratio falls from 80.6% to 75.4%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

Solvency

24.6%▲

2024 · 19.4%

Current ratio

1.28▲

2024 · 1.19

Quick ratio

0.80▼

2024 · 0.85

Debt / equity

3.06▼

2024 · 4.15

ROE

30.3%▼

2024 · 77.5%

ROA

7.5%▼

2024 · 15.1%

Debt

€97k▲

2024 · €91k

Debt ≤ 1 year

€97k▲

2024 · €91k

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€113k€128k▲

Fixed assets21/28€4k€4k=

Financial fixed assets28€4k€4k=

Current assets29/58€109k€124k▲

Stocks and contracts in progress3€31k€47k▲

Stocks30/36€31k€47k▲

Amounts receivable within one year40/41€74k€65k▼

Trade receivables40€54k€65k▲

Other amounts receivable41€19k-

Cash at bank and in hand54/58€3k€13k▲

Deferred charges and accrued income490/1€1k-

Equity and liabilities

Total equity and liabilities10/49€113k€128k▲

Equity10/15€22k€32k▲

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€2k€11k▲

Amounts payable17/49€91k€97k▲

Amounts payable within one year42/48€91k€97k▲

Current portion of amounts payable after more than one year42€5k-

Trade debts44€58k€68k▲

Suppliers440/4€58k€68k▲

Taxes, remuneration and social security45-€14k

Taxes450/3-€3k

Remuneration and social security454/9-€12k

Other amounts payable47/48€28k€15k▼

Income statement Code20242025

Other operating charges640/8€1k€4k▲

Gross operating margin9900€19k€14k▼

Operating profit (loss)9901€18k€10k▼

Financial income75/76B€2-

Recurring financial income75€2-

Financial charges65/66B€732€329▼

Recurring financial charges65€732€329▼

Profit (loss) for the period before taxes9903€17k€10k▼

Income taxes67/77€319-

Profit (loss) for the period9904€17k€10k▼

Profit (loss) for the period to be appropriated9905€17k€10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€2k€11k▲

Profit (loss) brought forward from the previous period14P€-16k€2k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

13-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

01-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 62 days late

2024

31-12

Financial Back to profitnet €17k

Net result €17k after 3 loss-making years.

25-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

27-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Weakest financial yearnet €-39k

Net result drops to €-39k, the lowest in the series; recovery starts the following year.

22-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

18-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

27-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Highest result since 2018net €29k ▲610%

Operating result €30k, net result €29k, both a record.

31-12

Financial Liquidity triplescurrent ratio 3.94

Current ratio from 1.26 to 3.94; short-term debt falls from €93k to €20k.

17-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

25-10

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 86 days late

2017

16-07

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

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, Sint-Agatha-Berchem · 2 establishment units since 2014

establishment approximate All 2 establishment units on the map

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.

Hubert Blauwetstraat 511082 Sint-Agatha-Berchem

Ground area

694 m²

Building footprint

202 m²

Volume, LiDAR

2,003 m³

3 parcels, Brussels, Wallonia · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

FREEDOM TEX

Henri Liebrechtlaan 27, 1090 JetteRetail sale of second-hand clothing

since 20142.234.430.434

FREEDOM TEX

Rue Arthur Trigaux 8, 7170 ManageAgents in the wholesale of textiles, clothing, fur, footwear and leather goods

since 20202.304.050.403

3 parcels

Wallonia 1 (33.3%) Brussels 2 (66.7%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52019B0177/00M013	Wallonia	493 m²	1 · 59 m²	10.9 m · 3 fl.
21010B0252/00P002	Brussels	147 m²	1 · 88 m²	16.5 m · 4 fl.
21003A0303/00N007	Brussels	54 m²	1 · 55 m²	10.8 m · 3 fl.